$1,600,000
SOLD AUG 15, 2022
6 Beds
-- Bath
2,772 Sq Ft
4,659 Sq Ft Lot

Recently Sold

$577 Per Sq Ft

29% Below List Price

58 Days on Market

Highlights

  • Ocean View
  • Fishing
  • Wood Burning Stove
  • Beach Access
  • Across the Road from Lake or Ocean
  • No HOA

About This Home

As of June 2024

See and hear the ocean from your porch! 100 yards from Toro beach public access path. View of Morro Rock. Generous parking! Fantastic investment property with six total bedrooms between these two homes on a single parcel (this is a double lot). Also can be an ideal family vacation layout with parents on one side and kids, grandkids on the other, etc..

The 2 story is a 4x2 (2 br upstairs, 2 downstairs) with a bonus kitchen in the downstairs rear. Massive family room with ocean views. Large 2 car garage. This two-story can be easily partitioned to rent out upstairs and downstairs separately, as was done in the past.

The second home is a remodeled single story 2x1 with single car garage. It is nicely updated with a modern, yet natural feel. It boasts a peaceful covered courtyard + outdoor wet bar and gas grill hookup that can optionally be shared with the two-story dwelling. This home has its own address (2871 Studio Dr.) Each home has it's own utility meters and mail box.

Last Agent to Sell the Property

Chaylon Holland

Holland Real Estate License #02025215 Listed on: 06/01/2022

Co-Listed By

Jerry Holland

Holland Real Estate License #00229153

Last Buyer's Agent

Leila Harrington

Leila Harrington, Broker License #01509429

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,203

Year Built

  • Built in 1957

Lot Details

  • 4,659 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 6 Bedrooms
  • 2,772 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Gas Fireplace
  • Ocean Views
  • Laundry Room

Additional Features

  • Beach Access
  • Across the Road from Lake or Ocean
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 3 / 72
  • Tax Tract Number 5
  • Assessor Parcel Number 064272016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Strand Subdivision
  • Foothills
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,203

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 975000
  • Property Attached: Yes
  • Subdivision Name Other: Strand (530)
  • View: Yes
  • Zoning: RSF
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 064272016
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Gas, Wood Stove Insert
  • Levels: Two
  • Price Per Square Foot: 577.20

Exterior Features

  • Direction Faces: West
  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Foothills, Hiking, Watersports, Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4659.00
  • Lot Size Acres: 0.1070

Multi Family

  • Lot Size Area: 4659.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access

Tax Info

  • Tax Block: 72
  • Tax Census Tract: 105.04
  • Tax Lot: 3
  • Tax Tract Number: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2024
Sold by
Snyder Robert C
Bought by
Old Man Club Living Trust and Curtin
Current Estimated Value
$2,183,975

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 10, 2024
Sold by
Scott And Melody Hutchins Revocable Trus and Hutchins Scott
Bought by
Snyder Robert Coleman
Seller's Agent
Joseph Silva
Buyer's Agent
Jolyn Bardi
Bardi & Associates Real Estate
List Price
$2,299,000
Sold Price
$2,175,000
Premium/Discount to List
-$124,000
-5.39%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.32%
Original Mortgage
$1,735,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 4, 2022
Sold by
Donald W Kern 1983 Revocable Estate Trus
Bought by
Scott And Melody Hutchins Revocable Living Tr
Seller's Agent
Chaylon Holland
Holland Real Estate
Buyer's Agent
Leila Harrington
Leila Harrington, Broker
List Price
$2,250,000
Sold Price
$1,600,000
Premium/Discount to List
-$650,000
-28.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.60%

Purchase Details

Closed on
Jun 29, 2011
Sold by
Kern Donald W
Bought by
Kern Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2006
Sold by
Kern Donald and Workman Sandra I
Bought by
Kern Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2004
Sold by
Craig Charles H
Bought by
Craig Charles H and Charles & Barbara Craig Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
2.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2004
Sold by
Craig Charles H
Bought by
Kern Donald and Workman Sandra I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
2.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2004
Sold by
Craig Charles H
Bought by
Craig Charles H and Charles & Barbara Craig Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
2.12%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $2,175,000 First American Title
Grant Deed $1,600,000 Placer Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed $785,000 First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,735,000 New Conventional
Previous Owner $405,000 New Conventional
Previous Owner $600,000 Commercial
Previous Owner $588,750 Commercial
Previous Owner $101,900 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $2,175,000 0.0% $785 / Sq Ft
06/03/2024 06/03/24 Sold $2,175,000 0.0% $785 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
05/01/2024 05/01/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $2,174,950 0.0% $785 / Sq Ft
04/22/2024 04/22/24 Price Changed $2,174,950 -5.4% $785 / Sq Ft
03/28/2024 03/28/24 For Sale $2,299,000 0.0% $829 / Sq Ft
03/27/2024 03/27/24 For Sale $2,299,000 +43.7% $829 / Sq Ft
08/15/2022 08/15/22 Sold $1,600,000 0.0% $577 / Sq Ft
08/15/2022 08/15/22 Sold $1,600,000 -17.9% $577 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/29/2022 07/29/22 Pending -- -- --
06/25/2022 06/25/22 Price Changed $1,950,000 0.0% $703 / Sq Ft
06/23/2022 06/23/22 Price Changed $1,950,000 -7.1% $703 / Sq Ft
06/03/2022 06/03/22 Price Changed $2,100,000 0.0% $758 / Sq Ft
06/03/2022 06/03/22 Price Changed $2,100,000 -6.7% $758 / Sq Ft
06/01/2022 06/01/22 For Sale $2,250,000 0.0% $812 / Sq Ft
03/03/2022 03/03/22 For Sale $2,250,000 -- $812 / 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 $17,203 $2,218,500 $1,530,000 $688,500
2024 $17,020 $1,632,000 $1,122,000 $510,000
2023 $17,020 $1,600,000 $1,100,000 $500,000
2022 $12,546 $1,173,000 $714,000 $459,000
2021 $12,375 $1,150,000 $700,000 $450,000
2020 $10,990 $1,020,526 $650,020 $370,506
2019 $10,774 $1,000,517 $637,275 $363,242
2018 $10,562 $980,900 $624,780 $356,120
2017 $10,459 $961,668 $612,530 $349,138
2016 $10,253 $942,813 $600,520 $342,293
2015 $10,164 $928,652 $591,500 $337,152
2014 $9,170 $850,000 $540,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22117024

California Regional Multiple Listing Service (CRMLS)

APN: 064-272-016