NOT LISTED FOR SALE

263 Bridge St San Luis Obispo, CA 93401

Estimated Value: $1,246,769 - $1,401,000

3 Beds
2.5 Baths
2,118 Sq Ft
$636/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $850,000 $401 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,010/month

301 Days on Market

Highlights

  • Under Construction
  • Rooftop Deck
  • View of Hills
  • Laguna Middle School Rated A
  • Primary Bedroom Suite
  • Property is near a park

About This Home

As of August 2020

Working from home and looking to experience life on the Central Coast? This new home offers 1 Gbps/sec fiber internet service and 360-degree views from the spacious roof deck. All of this, just minutes from some of the best beaches and wineries in the state and the regional airport!
Now offering a $5,000 closing incentive to buyers! Relocate and telecommute, or lock and leave as a private getaway from the city. Open by appointment Wednesday through Sunday 11-2.
The Vista floorplan is a modern blend of fashion and function featuring 3 bedrooms and 2.25 bathrooms and large two car garage. The kitchen is perfect for the home chef with stainless steel appliances, center prep island with seating, and a separate butler pantry. The master bedroom offers retreat from the day with a reading nook, ensuite with walk-in closet, dual vanity sink, Shaker style cabinetry, and designer selected finishes. The open concept living room offers a gas fireplace, dining area, and kitchen ideal for entertaining guests with a large patio with storage shed, and a spiral staircase leading the jewel of this beautiful home…the rooftop deck with stunning views. Located one mile from San Luis Obispo’s hip downtown scene, adjacent to hiking trails and excellent biking opportunities; The Residences at Terraza is your new community for lifestyle-based living. *This home has been virtually staged.

Last Agent to Sell the Property

Andrea Soderin

Richardson Sotheby's International Realty License #01774160 Listed on: 09/23/2019

Richardson Sotheby's International Realty

Co-Listed By

Chris Richardson

Richardson Sotheby's International Realty License #01200458

Last Buyer's Agent

Farid Shahid

Eighty20 Group License #02025653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,969

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 5,343

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Great Room with Fireplace
  • Views of Hills
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Rooftop Deck
  • Patio
  • Exterior Lighting

Additional Features

  • 5,343 Sq Ft Lot
  • Property is near a park
  • Central Heating

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 004812009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,969

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 805-709-3480
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 004812009
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2118.00 Square Feet
  • Interior Amenities: Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 401.32
  • Room Type: Great Room, Master Suite, Walk-In Pantry
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Patio: Yes
  • Foundation: Pillar/Post/Pier, Slab
  • Exterior Features: Lighting
  • View: Hills
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 5343.00
  • Lot Size Acres: 0.1227

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5343.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Jul 23, 2020
Sold by
215 Bridge Street Llc
Bought by
Fazio James J
Seller's Agent
Andrea Soderin
Richardson Sotheby's International Realty
Buyer's Agent
Farid Shahid
Eighty20 Group
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Current Estimated Value
$1,347,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,442
Avg. Annual Appreciation
9.49%
Original Mortgage
$680,000
Outstanding Balance
$604,563
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$742,879
Source: Public Records

Range of Values:

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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
Fazio James J $850,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fazio James J $680,000
Previous Owner 215 Bridge Street Llc $450,000
Previous Owner 215 Bridge Street Llc $736,000
Previous Owner 215 Bridge Street Llc $658,500
Previous Owner 215 Bridge Street Llc $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $850,000 -1.7% $401 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
04/07/2020 04/07/20 Price Changed $865,000 -3.8% $408 / Sq Ft
10/23/2019 10/23/19 Price Changed $899,000 -2.8% $424 / Sq Ft
09/23/2019 09/23/19 For Sale $925,000 -- $437 / 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 $9,969 $920,065 $432,972 $487,093
2024 $9,789 $902,026 $424,483 $477,543
2023 $9,789 $884,340 $416,160 $468,180
2022 $9,175 $867,000 $408,000 $459,000
2021 $9,029 $850,000 $400,000 $450,000
2020 $6,201 $583,741 $119,741 $464,000
2019 $575 $53,668 $53,668 $0
2018 $564 $52,616 $52,616 $0
2017 $553 $51,585 $51,585 $0
2016 $542 $50,574 $50,574 $0
2015 $534 $49,815 $49,815 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI19226946

California Regional Multiple Listing Service (CRMLS)

APN: 004-812-020