NOT LISTED FOR SALE

Estimated Value: $1,043,000 - $1,232,000

4 Beds
2 Baths
1,525 Sq Ft
$747/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $570,000 $374 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,017/month

115 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • Ceiling Fan
  • Laguna Middle School Rated A
  • Laundry Room

About This Home

As of October 2014

Marketing Remarks: Wonderful duplex close to Downtown San Luis Obispo. This property has been recently updated with fresh paint, dual-pane windows, newer appliances, laminate flooring, remodeled bathrooms, updated lighting and ceiling fans. Each 2 bedroom/ 1 bath unit has its own laundry area and there are parking spaces to accommodate both units. This professionally landscaped property includes a spacious fenced yard for a vegetable garden, lounge chairs, BBQ, play equipment and more. The property has been consistently rented with no vacancies for several years. Don't miss out on this great opportunity to own income property in SLO at an affordable price. Information not verified.

Last Agent to Sell the Property

Sarah Weber

Compass License #01077788 Listed on: 05/21/2014

Compass

Last Buyer's Agent

Kristin Hunstad Ciecek

Hunstad Realty License #01422915

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,923

Year Built

  • Built in 1959

Lot Details

  • 4,901 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,525 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Parking

  • Parking Available
  • Covered Parking

Utilities

  • Cooling Available
  • Wall Furnace
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 004912068

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,923

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Zoning: RMF
  • Property Type: Residential Income
  • Parcel Number: 004912068
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Levels: One
  • Price Per Square Foot: 373.77

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street, Paved, Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 4901.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 0.1100 Acres
  • Number Of Units Total: 2
  • Operating Expense: 2824.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Mlh Properties Llc
Bought by
Arrona Benjamin Gabriel and Arrona Karen Maureen
Current Estimated Value
$1,120,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Outstanding Balance
$752,760
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$385,868

Purchase Details

Closed on
Jan 13, 2022
Sold by
Hinds Robert Lee and Chen Phoebe Yi
Bought by
Mlh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Outstanding Balance
$752,760
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$385,868

Purchase Details

Closed on
May 1, 2015
Sold by
Hinds Robert Lee and Chen Phoebe Y
Bought by
Hinds Chen Family Trust

Purchase Details

Listed on
May 21, 2014
Closed on
Oct 14, 2014
Sold by
Meznarich Russ Edward and Meznarich Christina Landa
Bought by
Hinds Robert Lee and Chen Phoebe Y
Seller's Agent
Sarah Weber
Compass
Buyer's Agent
Kristin Hunstad Ciecek
Hunstad Realty
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$427,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Howe Edward R and Howe Sandra L
Bought by
Meznarich Russ Edward and Meznarich Christina Landa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Vest Jerrold A and Vest Cynthia C
Bought by
Howe Edward R and Howe Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,250
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1999
Sold by
Edmonds Michael F and Edmonds Shelly A
Bought by
Vest Jerrold A and Vest Cynthia C

Purchase Details

Closed on
Feb 3, 1996
Sold by
Edmonds Michael F and Edmonds Shelly A
Bought by
Edmonds Michael F and Edmonds Shelly A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arrona Benjamin Gabriel $950,000 Fidelity National Title
Mlh Properties Llc -- None Available
Hinds Chen Family Trust -- Public
Hinds Robert Lee $570,000 First American Title Company
Meznarich Russ Edward $510,000 First American Title Co
Howe Edward R $442,500 Fidelity Title Company
Vest Jerrold A $194,000 Fidelity National Title Co
Edmonds Michael F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrona Benjamin Gabriel $807,500
Previous Owner Hinds Robert Lee $250,000
Previous Owner Hinds Robert Lee $427,500
Previous Owner Meznarich Russ Edward $408,000
Previous Owner Howe Edward R $398,250
Previous Owner Vest Jerrold A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2014 10/21/14 Sold $570,000 -4.2% $374 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $595,000 -- $390 / 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 $10,923 $1,008,147 $689,785 $318,362
2024 $10,726 $988,380 $676,260 $312,120
2023 $10,726 $969,000 $663,000 $306,000
2022 $6,831 $645,538 $368,071 $277,467
2021 $6,723 $632,881 $360,854 $272,027
2020 $6,654 $626,392 $357,154 $269,238
2019 $6,585 $614,110 $350,151 $263,959
2018 $6,456 $602,070 $343,286 $258,784
2017 $6,329 $590,265 $336,555 $253,710
2016 $6,205 $578,692 $329,956 $248,736
2015 $6,110 $570,000 $325,000 $245,000
2014 $4,518 $450,000 $330,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1044341

California Regional Multiple Listing Service (CRMLS)

APN: 004-912-068