$649,000
SOLD SEP 14, 2022
3 Beds
2.5 Baths
1,737 Sq Ft
$375/mo HOA Fee

Recently Sold

$374 Per Sq Ft

39 Days on Market

Highlights

  • Primary Bedroom Suite
  • Modern Architecture
  • Community Pool
  • Laguna Middle School Rated A
  • Corner Lot
  • Home Office

About This Home

As of March 2025

Back on market through no fault of the property--Note Major Price Reduction! Searching for a spacious home in San Luis Obispo, here you go! This large three bedroom, 2.5 bath home, is located on a corner lot in the quiet and very popular Margarita Villas, close to everything-schools, shopping, our vibrant downtown, and world class wineries are just a few minutes way.

A bright, private, sun drenched patio is just off the family room, with its raised ceiling; the adjacent living room has a fire place and vaulted ceiling.
The door from the oversize two car garage opens into the kitchen, no stairs to climb to put away the groceries. Washer and dryer hook ups are located in the garage, so less noise and moisture in the house.

Upstairs are two bedrooms and bath rooms and an office open to the living room-nice and airy.

The large, quiet and and light filled master bedroom features a private bathroom and spacious closet.

The HOA provides lots of park like green space and trees, a pool and spa. Convenient guest parking across street.

Information from sources believed reliable but not guaranteed by Listing Agent-Buyer to conduct own investigations. Escrow to be with Rosanna Mederios Placer Title Company, San Luis Obispo

Call your real estate agent today!

Last Agent to Sell the Property

Richard Miller

Comet Realty License #00638350 Listed on: 07/20/2022

Co-Listed By

Francesco Pierini

Home & Ranch Sotheby's Intl License #02052032

Last Buyer's Agent

Jennifer Kennedy

Home & Ranch Sotheby's Intl License #02093802

Home & Ranch Sotheby's Intl

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,106

Year Built

  • Built in 1989

Lot Details

  • 2,133 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Cosmetic Repairs Needed
  • Planned Development
  • Fire Rated Drywall
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 1,737 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Carpet

Kitchen

  • Open to Family Room
  • Six Burner Stove
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Heating System Uses Natural Gas
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Wood patio
  • Suburban Location

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 1210
  • Assessor Parcel Number 053185015

Community Details

Overview

  • 132 Units
  • Margarita Villa Homeowners Association, Phone Number (805) 544-9093
  • The Management Trust HOA
  • San Luis Obispo Subdivision
  • Maintained Community

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,106

Year Built

Built in 1989

Lot Details

0

HOA Fees

$375 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 805-305-2496
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Subdivision Name Other: San Luis Obispo(380)
  • View: No
  • Zoning: R2
  • Architectural Style: Modern
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 053185015
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1737.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 373.63
  • Room Type: Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room
  • Bathroom Features: Low Flow Toilet(s), Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Patio Open, Wood
  • Pool Features: Community
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Sewer, Water
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: Margarita Villa Homeowners Association
  • Phone: 805-544-9093
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: The Management Trust

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 2133.00
  • Lot Size Acres: 0.0490
  • Latitude Manual: 35.25634800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2133.0000 Square Feet
  • Number Of Units In Community: 132
  • Number Of Units Total: 132

Tax Info

  • Tax Census Tract: 111.03
  • Tax Lot: 91
  • Tax Tract Number: 1210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Feb 20, 2025
Sold by
Ahlstrom Henry
Bought by
Rodriguez Carlos Macias and Tapia Denese
Seller's Agent
Francesco Pierini
Home & Ranch Sotheby's Intl
Buyer's Agent
Brandon Ammerman
Acquire Mortgage & Real Estate
List Price
$810,000
Sold Price
$788,000
Premium/Discount to List
-$22,000
-2.72%
Views
109
Current Estimated Value
$789,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,609
Avg. Annual Appreciation
0.58%
Original Mortgage
$773,300
Outstanding Balance
$772,660
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$16,949

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 9, 2022
Sold by
Jo Sieler-Colvin Laurie
Bought by
Colvin Jay K
Seller's Agent
Richard Miller
Comet Realty
Buyer's Agent
Jennifer Kennedy
Home & Ranch Sotheby's Intl
List Price
$649,000
Sold Price
$649,000
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$519,200
Interest Rate
4.99%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 2, 2022
Sold by
Colvin Jay K
Bought by
Ahlstrom Henry
Seller's Agent
Richard Miller
Comet Realty
Buyer's Agent
Jennifer Kennedy
Home & Ranch Sotheby's Intl
List Price
$649,000
Sold Price
$649,000
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
4.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 9, 2022
Sold by
Colvin James F
Bought by
Colvin Jay K and Colvin Tracy B

Purchase Details

Closed on
Apr 23, 1998
Sold by
Collins Suzanne Masuret and Carrera Marrakech Masuret Collins
Bought by
Colvin James F and Colvin Susan K

Purchase Details

Closed on
Apr 9, 1996
Sold by
Masuret Suzanne and Monroe Suzanne Masuret
Bought by
Masuret Suzanne and Carrera Marrakech Masuret Collins
Source: Public Records

Similar Home in San Luis Obispo, CA

  • 1043 Ella St Unit 9, San Luis Obispo, CA 93401

    $670,000

    • 2 Beds
    • 1.5 Baths
    • 1,088 Sq Ft
    • 1043 Ella St
    • Unit 9
    • San Luis Obispo, CA

    Modern Living Meets Prime Location in San Luis Obispo! This beautifully maintained 2-bedroom, 1.5-bath condo is the perfect blend of comfort, convenience, and California charm. Ideally situated just steps from the iconic Jennifer Street Bridge, you’ll enjoy effortless access to Railroad Square & downtown San Luis Obispo, and the vibrant local dining, shopping, and cultural scene. Features You'll

    Natalie Tartaglia Tartaglia Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $788,000 Placer Title
Deed -- Placer Title
Grant Deed $649,000 Placer Title
Deed -- Placer Title
Grant Deed -- None Listed On Document
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $773,300 FHA
Previous Owner $519,200 Balloon
Previous Owner $810,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $585,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $525,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $133,272 Unknown
Previous Owner $146,272 Unknown
Previous Owner $152,900 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $788,000 -1.0% $454 / Sq Ft
02/08/2025 02/08/25 Price Changed $796,000 -1.7% $458 / Sq Ft
01/30/2025 01/30/25 For Sale $810,000 +24.8% $466 / Sq Ft
09/14/2022 09/14/22 Sold $649,000 0.0% $374 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $649,000 0.0% $374 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/20/2022 08/20/22 Price Changed $649,000 -4.6% $374 / Sq Ft
07/20/2022 07/20/22 For Sale $680,000 -- $391 / 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
2024 $7,106 $661,980 $285,600 $376,380
2023 $7,106 $649,000 $280,000 $369,000
2022 $2,951 $285,856 $105,310 $180,546
2021 $3,048 $280,252 $103,246 $177,006
2020 $2,872 $277,380 $102,188 $175,192
2019 $2,841 $271,942 $100,185 $171,757
2018 $2,784 $266,611 $98,221 $168,390
2017 $2,728 $261,385 $96,296 $165,089
2016 $2,673 $256,260 $94,408 $161,852
2015 $2,631 $252,411 $92,990 $159,421
2014 $2,414 $247,468 $91,169 $156,299
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22158734

California Regional Multiple Listing Service (CRMLS)

APN: 053-185-015