NOT LISTED FOR SALE

340 Avenida de Amigos Nipomo, CA 93444

Nipomo Neighborhood

Estimated Value: $1,340,000 - $1,550,000

8 Beds
8 Baths
5,952 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 22, 2012

Last sale price $505,456 $85 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $8,670/month

26 Days on Market

Highlights

  • 1.19 Acre Lot
  • Laundry Room
  • Forced Air Heating System

About This Home

As of February 2012

Marketing Remarks: Great Investment Opportunity. Fourplex sits on 1.19 acre lot zoned for multi-family. Ability to build more in future. Prospective buyer needs to confirm with county. Four 2 bedroom 2.5 bath units approx 1488 sq ft each with W/D hook ups, fireplace and small yard. Great Bones. Needs work.

Last Listed By

ruby raymond

Modern Broker-Pismo Beach License #01342959 Listed on: 11/14/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,392

Year Built

  • Built in 1986

Lot Details

  • 1.19

Parking

  • Parking Available

Home Design

  • 5,952 Sq Ft Home
  • Slab Foundation
  • Concrete Roof

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Laundry Room
  • 1.19 Acre Lot

Community Details

  • 4 Units
  • Net Operating Income $1

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Assessor Parcel Number 092142033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,392

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Zoning: RMF
  • Property Type: Residential Income
  • Parcel Number: 092142033
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 84.92

Exterior Features

  • Foundation: Slab
  • Roof: Concrete

Garage/Parking

  • Parking: Yes

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Forced Air

Lot Info

  • Lot Size Sq Ft: 51836.00
  • Lot Size Acres: 1.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Lot Size Area: 1.1900 Acres
  • Net Operating Income: 1.00
  • Number Of Units Total: 4
  • Operating Expense: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2012
Sold by
Gray David S and Gray Karen G
Bought by
Smith James W and Smith Kathleen A
Total Days on Market
26
Current Estimated Value
$1,460,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$243,248
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,127,419

Purchase Details

Closed on
Dec 20, 2011
Sold by
The Bank Of New York Mellon
Bought by
Gray David S and Gray Karen G

Purchase Details

Closed on
May 9, 2011
Sold by
Randall Lanet M and Bruce William F
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Oct 26, 2006
Sold by
Randall Lanet M and Bruce William F
Bought by
Pacific Oaks Ventures Llc

Purchase Details

Closed on
Aug 18, 2006
Sold by
Bruce Amelia A
Bought by
Bruce William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2006
Sold by
Randall Delbert L
Bought by
Randall Lanet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 2006
Sold by
James Richard Inc
Bought by
Randall Lanet M and Bruce William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 11, 2003
Sold by
Lunde Elmer Jerry and Lunde Marilyn
Bought by
James Richard Inc

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 Buyer Sale Price Title Company
Smith James W -- First American Title Company
Gray David S $505,500 Lsi Title Company
The Bank Of New York Mellon $666,000 First American Title Ins Co
Bruce William F -- Chicago Title Co
Randall Lanet M -- Chicago Title Co
Randall Lanet M $1,385,000 Chicago Title Co
James Richard Inc $725,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith James W $343,000
Previous Owner Randall Lanet M $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2012 02/22/12 Sold $505,456 +11.1% $85 / Sq Ft
12/10/2011 12/10/11 Pending -- -- --
11/14/2011 11/14/11 For Sale $454,900 -- $76 / 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 $6,392 $616,312 $243,866 $372,446
2023 $6,392 $604,229 $239,085 $365,144
2022 $6,296 $592,383 $234,398 $357,985
2021 $6,284 $580,768 $229,802 $350,966
2020 $6,212 $574,814 $227,446 $347,368
2019 $6,174 $563,544 $222,987 $340,557
2018 $6,101 $552,495 $218,615 $333,880
2017 $5,986 $541,663 $214,329 $327,334
2016 $5,646 $531,043 $210,127 $320,916
2015 $5,565 $523,067 $206,971 $316,096
2014 $5,359 $512,822 $202,917 $309,905
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI181631

California Regional Multiple Listing Service (CRMLS)

APN: 092-142-033