NOT LISTED FOR SALE

3041 Spring St Paso Robles, CA 93446

-- Bed
-- Bath
10,800 Sq Ft
0.39 Acres

Last Sold April 05, 2013

Last sale price $1,027,120 $95 Per Sq Ft

9 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Paved or Partially Paved Lot
  • Paso Robles High School Rated A-
  • Forced Air Heating System

About This Home

As of April 2013

Marketing Remarks: 16 unit apartment complex in Paso Robles California. This two story complex offers great off street parking with each unit having a private garage space. The interior courtyard provides the tenants a secure environment and the property shows pride of ownership throughout being very well maintained. This established complex won't last long at a 6.9% CAP!

Last Agent to Sell the Property

Adam Quaglino

McNamara Real Estate License #01864803 Listed on: 02/26/2013

Last Buyer's Agent

Deserie Boutell

Re/Max Olson & Associates License #01433473

Re/Max Olson & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.39 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • 10,800 Sq Ft Home
  • Slab Foundation
  • Tar and Gravel Roof
  • Clay Roof

Parking

  • Parking Available
  • Covered Parking
  • Private Parking
  • On-Street Parking
  • On-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Laundry Room
  • Exterior Lighting

Community Details

  • 16 Units
  • Laundry Facilities
  • Net Operating Income $75,753

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 008061028

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • CapRate: 6.95
  • Subdivision Name Other: PR City Limits West(120)
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 008061028
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 95.10

Exterior Features

  • Foundation: Slab
  • Roof: Clay, Tar/Gravel

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, On Site, Private, Street

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 17102.00
  • Lot Size Acres: 0.3900

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Lot Size Area: 17102.0000 Square Feet
  • Net Operating Income: 75753.00
  • Number Of Units Total: 16
  • Operating Expense: 50821.00

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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Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $1,027,120 -5.8% $95 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $1,090,000 -- $101 / 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 $13,786 $1,264,811 $209,337 $1,055,474
2024 $13,561 $1,240,012 $205,233 $1,034,779
2023 $13,561 $1,215,699 $201,209 $1,014,490
2022 $13,359 $1,191,863 $197,264 $994,599
2021 $13,131 $1,168,495 $193,397 $975,098
2020 $12,953 $1,156,514 $191,414 $965,100
2019 $12,769 $1,133,838 $187,661 $946,177
2018 $12,595 $1,111,607 $183,982 $927,625
2017 $11,844 $1,089,812 $180,375 $909,437
2016 $11,611 $1,068,444 $176,839 $891,605
2015 $11,568 $1,052,396 $174,183 $878,213
2014 $7,870 $727,193 $188,063 $539,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC193871

California Regional Multiple Listing Service (CRMLS)