NOT LISTED FOR SALE

Estimated Value: $723,000 - $1,031,000

2 Beds
2.5 Baths
1,473 Sq Ft
$566/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $497,000 $337 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,162/month

12 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • 2 Car Attached Garage
  • Laguna Middle School Rated A
  • Cathedral Ceiling
  • Bathtub with Shower

About This Home

As of February 2018

*** Great 2-Bedroom / 2.5-Bath Townhouse situated in the quiet and attractive Margarita Villas * Beautiful laminate flooring, vaulted ceilings, and fireplace make the living area warm and comfortable * Dual Master suites upstairs * 2-Car Garage * Complex included a beautiful, relaxing greenbelt area, along with a Pool & Spa ***

Last Agent to Sell the Property

Al Graziani

RE/MAX Success License #00701403 Listed on: 12/31/2017

RE/MAX Success

Last Buyer's Agent

Jeff Landon

Keller Williams Realty Central Coast License #01915835

Keller Williams Realty Central Coast

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,127

Year Built

  • Built in 1989

Lot Details

  • 2,237 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,473 Sq Ft Home
  • Cathedral Ceiling
  • Entryway
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 053185017

Community Details

Overview

  • 100 Units
  • Margarita Villas Association

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,127

Year Built

Built in 1989

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • View: No
  • Zoning: R2
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 053185017
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1473.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 337.41
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room, Master Suite, Two Masters
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 285.00
  • Association Fee Frequency: Monthly
  • Association Name: Margarita Villas
  • Phone: 544-9093
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2237.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 111.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2017
Closed on
Jan 25, 2018
Sold by
Ismail Malik
Bought by
Spence Brain M and Spence Lauren K
Seller's Agent
Al Graziani
RE/MAX Success
Buyer's Agent
Jeff Landon
Keller Williams Realty Central Coast
List Price
$514,900
Sold Price
$497,000
Premium/Discount to List
-$17,900
-3.48%
Current Estimated Value
$834,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,104
Avg. Annual Appreciation
6.94%
Original Mortgage
$472,150
Outstanding Balance
$399,868
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$434,236

Purchase Details

Closed on
Nov 19, 2004
Sold by
Gordon Avrum J and May Linda Jean
Bought by
Ismail Malik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Gibbs William R and Gibbs Josephine E
Bought by
Gordon Avrum J and May Linda Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1997
Sold by
Hirsch Larry Stephen and Cullen Theresa Ann
Bought by
Gibbs William R and Gibbs Josephine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
7.44%
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 Buyer Sale Price Title Company
Spence Brain M $497,000 First American Title Co
Ismail Malik $430,000 Chicago Title Company
Gordon Avrum J $365,000 Fidelity Title Company
Gibbs William R $166,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Brain M $472,150
Previous Owner Ismail Malik $215,000
Previous Owner Gordon Avrum J $292,000
Previous Owner Gibbs William R $149,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 Sold $497,000 -3.5% $337 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
12/31/2017 12/31/17 For Sale $514,900 -- $350 / 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 $6,127 $565,495 $295,833 $269,662
2024 $6,016 $554,408 $290,033 $264,375
2023 $6,016 $543,539 $284,347 $259,192
2022 $5,639 $532,882 $278,772 $254,110
2021 $5,550 $522,434 $273,306 $249,128
2020 $5,493 $517,078 $270,504 $246,574
2019 $5,436 $506,940 $265,200 $241,740
2018 $5,329 $497,000 $260,000 $237,000
2017 $5,072 $473,000 $240,000 $233,000
2016 $5,072 $473,000 $240,000 $233,000
2015 $4,663 $435,000 $225,000 $210,000
2014 $4,367 $435,000 $225,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18000394

California Regional Multiple Listing Service (CRMLS)

APN: 053-185-017