NOT LISTED FOR SALE

3520 Spring St Paso Robles, CA 93446

Estimated Value: $1,025,135 - $1,190,000

4 Beds
2 Baths
3,644 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $625,000 $172 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,436/month

23 Days on Market

Highlights

  • 4 Car Direct Access Garage
  • Laundry Room
  • Paved or Partially Paved Lot
  • Paso Robles High School Rated A-
  • Forced Air Heating and Cooling System
  • 1-minute walk to Uptown Family Park

About This Home

As of December 2017

Great investment property. All 4 units are two bedrooms with one bath and a 1 car garage. Separate laundry room being used as a storage room. The rents average at around $1043. However, rents are low and can be increased to around 1350. These units are approximately 900 square feet each all with 2 good size bedrooms 1 bath, living room and dining room. The building is set up with 2 units down and 2 units on top all with privacy from each other. Property does need a little TLC.

Last Agent to Sell the Property

Juan Sanchez Jr

Century 21 Allstars License #01213825 Listed on: 05/20/2017

Century 21 Allstars

Last Buyer's Agent

Cheri York

Home & Ranch Sotheby's Intl License #01127695

Home & Ranch Sotheby's Intl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,751

Year Built

  • Built in 1983

Lot Details

  • 8,400 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 4 Car Direct Access Garage
  • Carport
  • Parking Available
  • Assigned Parking

Home Design

  • 3,644 Sq Ft Home
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Asphalt Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 008041019

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $175
  • Gross Income $50,100

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,751

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: PR City Limits West(120)
  • Zoning: R4
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 008041019
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Levels: Two
  • Price Per Square Foot: 171.51

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Paved
  • Lot Size Sq Ft: 8400.00

Multi Family

  • Gross Income: 50100.00
  • Gross Scheduled Income: 50100.00
  • Insurance Expense: 175.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 4175.00

Tax Info

  • Tax Census Tract: 101.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Valdovinos Alejandro Morfin and Valdovinos Guadalupe
Bought by
Gca Diversified Llc
Current Estimated Value
$1,106,284

Purchase Details

Closed on
Jun 8, 2017
Sold by
Carbajal Javier
Bought by
Valdovinos Alejandro Morfin and Torres Guadalupe Campos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2008
Sold by
Carbajal Maria Alejandra
Bought by
Carbajal Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
Plisky Michael A and Plisky Karla K
Bought by
Carbajal Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2004
Sold by
Parkhurst Calvin L and Parkhurst Maryann
Bought by
Plisky Michael A and Plisky Karla K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1995
Sold by
Parkhurst Calvin L and Parkhurst Maryann
Bought by
Parkhurst Calvin L and Parkhurst Maryann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gca Diversified Llc -- None Listed On Document
Valdovinos Alejandro Morfin $635,000 Placer Title
Carbajal Javier -- Fidelity National Title Co
Carbajal Javier $590,000 Fidelity National Title Co
Plisky Michael A $515,000 Fidelity Title Company
Parkhurst Calvin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valdovinos Alejandro Morfin $444,500
Previous Owner Carbajal Javier $413,000
Previous Owner Plisky Michael A $362,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Sold $625,000 -3.8% $172 / Sq Ft
12/13/2017 12/13/17 Price Changed $649,900 0.0% $178 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
05/20/2017 05/20/17 For Sale $649,900 -- $178 / 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 $7,751 $711,139 $301,523 $409,616
2024 $7,625 $697,196 $295,611 $401,585
2023 $7,625 $683,526 $289,815 $393,711
2022 $7,511 $670,125 $284,133 $385,992
2021 $7,383 $656,986 $278,562 $378,424
2020 $7,283 $650,250 $275,706 $374,544
2019 $7,179 $637,500 $270,300 $367,200
2018 $7,082 $625,000 $265,000 $360,000
2017 $7,257 $667,739 $282,939 $384,800
2016 $7,114 $654,647 $277,392 $377,255
2015 $5,936 $644,815 $273,226 $371,589
2014 $6,842 $632,185 $267,874 $364,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17114463

California Regional Multiple Listing Service (CRMLS)

APN: 008-041-019