NOT LISTED FOR SALE

2550 Canet Rd San Luis Obispo, CA 93405

Estimated Value: $2,916,000 - $3,211,000

8 Beds
5.5 Baths
4,868 Sq Ft
$629/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $1,920,000 $394 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $18,633/month

156 Days on Market

Highlights

  • Barn
  • Horse Property
  • Home fronts a creek
  • Del Mar Elementary School Rated A-
  • Heated Spa
  • RV Access or Parking

About This Home

As of June 2015

Coastal Ranch with Opportunity! Nestled between Hollister Peak's base and Chorro Creek, this 12 acre property, has much to offer with a 4,420sf Tuscan farmhouse as the main home with 5 bedrooms, 3 1/2 baths, two kitchens, game room and living and dining areas all with expansive views of the neighboring coastal range, 'The Morros', and agriculture. A 3 bedroom and 2 bath second home provides income. Your own agrarian playground awaits with two barns, five fenced and irrigated pastures, detached garage/accessory structure, sports court, solar panels, fruit trees and more. Two producing wells satisfy the thirst in this drought. This rural serenity has easy access to Highway 1 and just minutes to Morro Bay's coastline and San Luis Obispo. Take advantage of this rare opportunity to indulge in nature's beauty and maximize its potential, whether it's as an organic farm, ranch and/or entertainer's retreat!

Last Agent to Sell the Property

Mandi Pickens

BHGRE Haven Properties License #01937268 Listed on: 04/16/2015

Last Buyer's Agent

Johnny Hough

The Real Estate Group License #01333061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,924

Year Built

  • Built in 1957

Lot Details

  • 12.07 Acre Lot
  • Home fronts a creek
  • Rural Setting
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned AG,SFR,CSTL

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • River
  • Panoramic
  • Hills
  • Rock

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 4,868 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Recreation Room
  • Wood Flooring
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Outdoor Features

  • Heated Spa
  • Horse Property
  • Patio
  • Separate Outdoor Workshop
  • Shed

Farming

  • Barn
  • Agricultural

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 073181001

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,924

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • View: Yes
  • Zoning: AG,SFR,CSTL
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 073181001
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4868.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Pantry, Vacuum Central
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Dining Room
  • Fireplace Features: Gas, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 394.41
  • Room Type: Basement, Great Room, Living Room, Master Bedroom, Main Floor Master Bedroom, Recreation
  • Spa Features: Heated
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Pillar/Post/Pier
  • Other Structures: Barn(s), Shed(s), Workshop
  • View: Hills, Panoramic, Rocks, River
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Roof: Concrete
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Shared Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Rural

Lot Info

  • Lot Features: Agricultural - Other, Horse Property, Level with Street, Paved, Sprinkler System
  • Lot Size Sq Ft: 525769.00
  • Lot Size Acres: 12.0700

Multi Family

  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jun 8, 2015
Sold by
Rogers Randolph E
Bought by
Mahnken Lidan C
Seller's Agent
Mandi Pickens
BHGRE Haven Properties
Buyer's Agent
Johnny Hough
The Real Estate Group
List Price
$1,975,000
Sold Price
$1,920,000
Premium/Discount to List
-$55,000
-2.78%
Current Estimated Value
$3,062,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,142,247
Avg. Annual Appreciation
4.69%

Purchase Details

Closed on
Nov 8, 2006
Sold by
Chapman Don K
Bought by
Chapman Don K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2003
Sold by
Rogers Kathryn
Bought by
Rogers Randolph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$782,000
Interest Rate
4.43%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Rogers Carol
Bought by
Rogers Randolph E

Purchase Details

Closed on
Jun 1, 2001
Sold by
Williams Gary E and Williams Joyce B
Bought by
Rogers Randolph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Chapman Don K
Bought by
Chapman Marybeth W

Purchase Details

Closed on
Sep 5, 2000
Sold by
Chapman Marybeth W
Bought by
Chapman Marybeth W and The Marybeth W Chapman Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mahnken Lidan C $1,920,000 Fidelity National Title Co
Chapman Don K -- Fidelity National Title Co
Rogers Randolph E -- Fidelity Title Company
Rogers Randolph E -- Fidelity National Title Co
Rogers Randolph E $900,000 Fidelity National Title Co
Chapman Marybeth W -- --
Chapman Marybeth W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Don K $370,000
Previous Owner Rogers Randolph E $100,000
Previous Owner Rogers Randolph E $897,000
Previous Owner Pratt Kathryn $250,000
Previous Owner Rogers Randolph E $150,000
Previous Owner Rogers Randolph E $50,000
Previous Owner Rogers Randolph E $782,000
Previous Owner Rogers Randolph E $50,000
Previous Owner Rogers Randolph E $82,000
Previous Owner Rogers Randolph E $650,000
Previous Owner Chapman Don K $23,300
Previous Owner Romero Louis $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2015 06/22/15 Sold $1,920,000 -2.8% $394 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $1,975,000 +2.9% $406 / Sq Ft
04/15/2015 04/15/15 Off Market $1,920,000 -- --
04/06/2015 04/06/15 Price Changed $1,975,000 -12.0% $406 / Sq Ft
11/28/2014 11/28/14 Price Changed $2,245,000 +15.2% $461 / Sq Ft
11/17/2014 11/17/14 For Sale $1,949,000 -- $400 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,924 $2,307,544 $1,201,846 $1,105,698
2024 $24,472 $2,262,299 $1,178,281 $1,084,018
2023 $24,472 $2,217,941 $1,155,178 $1,062,763
2022 $22,937 $2,174,453 $1,132,528 $1,041,925
2021 $22,571 $2,131,818 $1,110,322 $1,021,496
2020 $22,339 $2,109,960 $1,098,938 $1,011,022
2019 $22,105 $2,068,590 $1,077,391 $991,199
2018 $21,670 $2,028,030 $1,056,266 $971,764
2017 $21,244 $1,988,265 $1,035,555 $952,710
2016 $20,841 $1,949,280 $1,015,250 $934,030
2015 $12,243 $1,149,110 $737,510 $411,600
2014 -- $1,126,602 $723,064 $403,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR1049604

California Regional Multiple Listing Service (CRMLS)

APN: 073-181-001