NOT LISTED FOR SALE

2935 Vine St Paso Robles, CA 93446

Estimated Value: $730,000 - $752,278

1 Bed
1 Bath
1,129 Sq Ft
$657/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $516,000 $457 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,330/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Landscaped
  • Paso Robles High School Rated A-
  • Zoned Heating and Cooling
  • ENERGY STAR Qualified Equipment

About This Home

As of July 2020

Seller purchased in 2018 and installed new roof, installed duel heat and air units in both units, upgraded electrical and new exterior doors. There are duel pane windows throughout. RV parking along side garage. This original Westside DUPLEX is situated on a 1/4+ Acre M/F (T3-N) lot, with potential room to build a 3rd unit! This is NOT an illegally converted home, or a home with a non-permitted garage conversion. It was ORIGINALLY BUILT as a duplex in the early 1950's, and it is ready to add to your investment portfolio! Each of the one bedroom, one bath units offers a nice-sized living area, a kitchen with eat-in dining, a full bath (one of which has been recently remodeled), and a bedroom with a walk-in closet. Looking for character? How about HARDWOOD floors in each unit! Plus large picture windows in the living rooms. And brick accents on the cute front entrys! And individual yards for gardens and outdoor fun. Each unit also gets one bay in the split 2 car garage. Want more potential still?! Consider removing the existing garage to add a 3rd unit plus parking for all three?! (preliminary conversations with the city sound positive on this idea). This is a perfect property to live In one and rent The other. Long term tenant in Unit B would like to stay if possible, and currently pays $1,000/month. Current rental value is estimated between $1,250 - $1,400 for the vacant unit.

Last Agent to Sell the Property

Lance Court

Progressive Real Estate Services License #01223223 Listed on: 06/06/2020

Last Buyer's Agent

Wendy Lewis

A List Properties License #02058102

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway
  • RV Access or Parking

Home Design

  • Duplex
  • Turnkey
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,129 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System

Additional Features

  • ENERGY STAR Qualified Equipment
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Assessor Parcel Number 008391030

Community Details

Overview

  • 2 Units
  • Pr City Limits West Subdivision

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $960
  • Insurance Expense $845
  • Water Sewer Expense $1,000
  • New Taxes Expense $6,437
  • Operating Expense $9,242
  • Gross Income $2,758
  • Net Operating Income $2,758

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: PR City Limits West(120)
  • Water Sewer Expenses: 1000.00
  • Zoning: R2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 008391030
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 457.04

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Concrete, Paved, Garage, Garage - Single Door, Garage - Two Door, On Site, RV Access/Parking
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Disposal, Gas Range
  • Heating Type: Zoned, Heat Pump, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 11200.00
  • Lot Size Acres: 0.2571

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 564 Square Feet
  • Average2 Bed Area: 564 Square Feet
  • Gross Income: 2758.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 845.00
  • Lot Size Area: 11200.0000 Square Feet
  • Net Operating Income: 2758.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 9242.00
  • Rent Control: Yes
  • Total Actual Rent: 1000.00
  • Total Expenses: 9242.00

Tax Info

  • New Taxes Expense: 6437.00
  • Tax Census Tract: 101.02
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Bohl Leland and Bohl Joan
Bought by
Jose And Laura Ceja Family Trust and Ceja
Current Estimated Value
$731,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Outstanding Balance
$529,894
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$211,426

Purchase Details

Closed on
Dec 23, 2022
Sold by
Bohl Joan and Bohl Leland
Bought by
City Of Paso Robles

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jun 17, 2020
Sold by
Ellerbe David Thomas and Ellerbe Veronica
Bought by
Bohl Leland and Bohl Joan
Seller's Agent
Lance Court
Progressive Real Estate Services
Buyer's Agent
Wendy Lewis
A List Properties
List Price
$515,000
Sold Price
$516,000
Premium/Discount to List
$1,000
0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$340,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2015
Sold by
Hixson Jennifer
Bought by
Hixson Jennifer G and Jennifer Hixson Family Trust

Purchase Details

Closed on
Sep 3, 2014
Sold by
Hixson Robert W
Bought by
Hixson Jennifer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jose And Laura Ceja Family Trust $715,000 Fidelity National Title
City Of Paso Robles -- --
Bohl Leland $516,000 Title Resources Guaranty Co
Hixson Jennifer G -- None Available
Hixson Jennifer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jose And Laura Ceja Family Trust $536,250
Previous Owner Bohl Leland $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2020 07/13/20 Sold $516,000 +0.2% $457 / Sq Ft
06/06/2020 06/06/20 For Sale $515,000 +12.0% $456 / Sq Ft
08/17/2018 08/17/18 Sold $460,000 -3.2% $407 / Sq Ft View Prior Sale
07/28/2018 07/28/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $475,000 0.0% $421 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $475,000 -- $421 / 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 $6,088 $715,000 $300,000 $415,000
2024 $5,988 $547,582 $265,302 $282,280
2023 $5,988 $536,846 $260,100 $276,746
2022 $5,899 $526,320 $255,000 $271,320
2021 $5,799 $516,000 $250,000 $266,000
2020 $5,255 $469,200 $306,000 $163,200
2019 $5,180 $460,000 $300,000 $160,000
2018 $2,874 $253,639 $151,674 $101,965
2017 $2,702 $248,666 $148,700 $99,966
2016 $1,730 $159,153 $95,492 $63,661
2015 $1,723 $156,763 $94,058 $62,705
2014 $1,663 $153,693 $92,216 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20106936

California Regional Multiple Listing Service (CRMLS)

APN: 008-391-030