NOT LISTED FOR SALE

3510 Spring St Paso Robles, CA 93446

Estimated Value: $949,520 - $1,149,000

8 Beds
4 Baths
3,520 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $554,775 $158 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,012/month

12 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot
  • Paso Robles High School Rated A-
  • Central Vacuum
  • 2-minute walk to Uptown Family Park

About This Home

As of October 2016

Marketing Remarks: Excellent stable income property with upside in rents and no rent control. Four 2 bed 1 bath units each with single car garage with washer / dryer hook-ups for tenant convenience. Newer plumbing throughout. High demand rental area. Being sold as-is. Easy access to downtown Paso Robles and Highway 101.

Last Agent to Sell the Property

Mark Epstein

Mark Epstein & Associates License #00820307 Listed on: 08/23/2016

Last Buyer's Agent

agent Nonmember

Non-member Office License #765765758

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 8,481 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Parking Available

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • Central Vacuum

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Net Operating Income $33,460

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 008041024

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • CapRate: 5.88
  • Subdivision Name Other: PR City Limits West(120)
  • Zoning: R4,APT,RMF
  • Property Type: Residential Income
  • Parcel Number: 008041024
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Vacuum Central
  • Levels: Two
  • Price Per Square Foot: 157.61

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking: Yes

Utilities

  • Utilities: Phone Connected, Cable Available
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved, Level with Street
  • Lot Size Sq Ft: 8481.00

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Multiplier: 11.03
  • Net Operating Income: 33460.00
  • Number Of Units Total: 4
  • Operating Expense: 16593.00
  • Vacancy Allowance Rate: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Starobinets Simon and Starobinets Lily
Bought by
Starobinets Family Trust and Starobinets
Current Estimated Value
$1,037,880

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 9, 2016
Sold by
Tartaglia Derrick and Tartaglia Misty
Bought by
Starobinets Simon and Starobinets Lily
Seller's Agent
Mark Epstein
Mark Epstein & Associates
Buyer's Agent
agent Nonmember
Non-member Office
List Price
$569,000
Sold Price
$554,775
Premium/Discount to List
-$14,225
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$332,865
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tartaglia Derrick and Tartaglia Misty

Purchase Details

Closed on
Jun 23, 2011
Sold by
Mendoza Rodolfo and Mendoza Antonia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 14, 2004
Sold by
Whitson Ronald O and Whitson Susan D
Bought by
Mendoza Rodolfo and Mendoza Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2003
Sold by
Whitson Ronald O and Whitson Susan D
Bought by
Whitson Ronald O and Whitson Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Whitson Ronald O and Whitson Susan D
Bought by
Whitson Ronald O and Whitson Susan D

Purchase Details

Closed on
Nov 13, 1998
Sold by
Pehl John P
Bought by
Whitson Ronald O and Whitson Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.91%
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
Starobinets Family Trust -- None Listed On Document
Starobinets Simon $555,000 Fidelity National Title Co
Tartaglia Derrick $360,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $332,352 Accommodation
Mendoza Rodolfo $555,000 Cuesta Title Company
Whitson Ronald O -- Cuesta Title Company
Whitson Ronald O -- Fidelity Title Company
Whitson Ronald O -- --
Whitson Ronald O $171,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starobinets Simon $332,865
Previous Owner Mendoza Rodolfo $499,500
Previous Owner Whitson Ronald O $100,000
Previous Owner Whitson Ronald O $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2016 10/25/16 Sold $554,775 -2.5% $158 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $569,000 0.0% $162 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $569,000 -- $162 / 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 $7,021 $644,119 $81,238 $562,881
2024 $6,906 $631,491 $79,646 $551,845
2023 $6,906 $619,110 $78,085 $541,025
2022 $6,803 $606,971 $76,554 $530,417
2021 $6,687 $595,070 $75,053 $520,017
2020 $6,596 $588,969 $74,284 $514,685
2019 $6,503 $577,422 $72,828 $504,594
2018 $6,414 $566,100 $71,400 $494,700
2017 $6,031 $555,000 $70,000 $485,000
2016 $4,036 $371,362 $74,272 $297,090
2015 $4,021 $365,785 $73,157 $292,628
2014 $3,881 $358,620 $71,724 $286,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1070084

California Regional Multiple Listing Service (CRMLS)

APN: 008-041-024