NOT LISTED FOR SALE

3511 Park St Paso Robles, CA 93446

Estimated Value: $1,069,000 - $1,161,000

8 Beds
4 Baths
3,520 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $645,000 $183 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,447/month

248 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
  • 3-minute walk to Uptown Family Park

About This Home

As of July 2016

Marketing Remarks: Great Investment Opportunity in West Paso Robles! Long term tenants reside in this 4 plex that has been well maintained by attentive owners over the years. Each unit features 2 bedrooms, 1 bath plus a single car garage. Two units located upstairs, two units located downstairs. Fenced complex with spacious common area and onsite laundry facility. Improvements over the years include updated dual paned windows, newer AC units in two of the units and fencing replaced last year. Located in the Uptown/Town Centre this is a revitalization area that continues to improve.

Last Agent to Sell the Property

Cassandra Merrilll

Merrill & Associates Real Estate License #01333095 Listed on: 04/26/2016

Last Buyer's Agent

Cassandra Merrilll

Merrill & Associates Real Estate License #01333095 Listed on: 04/26/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 8,551 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • Central Vacuum
  • Laundry Room

Parking

  • Parking Available
  • On-Site Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $55,500

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 008041023

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

8,551 Sq Ft Lot

Listing Details

  • CapRate: 7.10
  • Subdivision Name Other: PR City Limits West(120)
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 008041023
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Vacuum Central
  • Levels: Two
  • Price Per Square Foot: 183.24

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Utilities: Cable Available
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 8551.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Operating Income: 55500.00
  • Lot Size Area: 0.2000 Acres
  • Number Of Units Total: 4
  • Operating Expense: 5692.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jul 25, 2016
Sold by
Gillham Mark
Bought by
Gillham Mark Charles
Seller's Agent
Cassandra Merrilll
Merrill & Associates Real Estate
Buyer's Agent
Cassandra Merrilll
Merrill & Associates Real Estate
List Price
$699,900
Sold Price
$645,000
Premium/Discount to List
-$54,900
-7.84%
Current Estimated Value
$1,122,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,896
Avg. Annual Appreciation
5.95%
Original Mortgage
$300,000
Outstanding Balance
$238,715
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$884,181

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jul 6, 2016
Sold by
Sanchez Jorge V and Sanchez Denise A
Bought by
Gillham Mark
Seller's Agent
Cassandra Merrilll
Merrill & Associates Real Estate
Buyer's Agent
Cassandra Merrilll
Merrill & Associates Real Estate
List Price
$699,900
Sold Price
$645,000
Premium/Discount to List
-$54,900
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$238,715
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$884,181

Purchase Details

Closed on
Dec 12, 2000
Sold by
T Pursuit Group
Bought by
Sanchez Jorge and Sanchez Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
7.41%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Russell Fred and Russell Frieda
Bought by
T Pursuit Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.91%

Purchase Details

Closed on
Aug 20, 1998
Sold by
T Pursuit Group
Bought by
Russell Fred and Russell Frieda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Gillham Mark Charles -- None Available
Gillham Mark $644,954 Fidelity National Title Co
Sanchez Jorge $260,000 Cuesta Title Company
T Pursuit Group -- --
Russell Fred $160,000 Cuesta Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillham Mark $300,000
Previous Owner Sanchez Jorge $182,000
Previous Owner Russell Fred $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $645,000 -7.8% $183 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
10/25/2015 10/25/15 For Sale $699,900 -- $199 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,159 $748,571 $255,326 $493,245
2024 $8,026 $733,894 $250,320 $483,574
2023 $8,026 $719,505 $245,412 $474,093
2022 $7,907 $705,398 $240,600 $464,798
2021 $7,772 $691,568 $235,883 $455,685
2020 $7,666 $684,478 $233,465 $451,013
2019 $7,557 $671,058 $228,888 $442,170
2018 $7,455 $657,900 $224,400 $433,500
2017 $7,010 $645,000 $220,000 $425,000
2016 $3,596 $330,938 $95,459 $235,479
2015 $3,583 $325,968 $94,026 $231,942
2014 $3,459 $319,584 $92,185 $227,399
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR1060526

California Regional Multiple Listing Service (CRMLS)

APN: 008-041-023

Your Personal Tour Guide

Ask me questions while you tour the home.