NOT LISTED FOR SALE

3532 Oak St Paso Robles, CA 93446

Estimated Value: $1,106,000 - $1,172,000

8 Beds
4 Baths
3,520 Sq Ft
$323/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $627,550 $178 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,544/month

10 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
  • 1-minute walk to Uptown Family Park

About This Home

As of January 2017

Marketing Remarks: Excellent opportunity to own a rental complex centrally located on the westside of Paso Robles. All units are 2 bedrooms, 1 bath, with a 1 car garage and it's own laundry. Priced to sell.

Last Agent to Sell the Property

Cristina Sirotta

RE/MAX Parkside Real Estate License #01103689 Listed on: 11/26/2016

Last Buyer's Agent

Anthony Aurignac

Venture Real Estate License #01946262

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

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

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • Assessor Parcel Number 008031018

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $48,000
  • Net Operating Income $40,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • CapRate: 0.06
  • Subdivision Name Other: PR City Limits West(120)
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 008031018
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Vacuum Central
  • Levels: Two
  • Price Per Square Foot: 178.28

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Utilities

  • Laundry: Yes
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved, Level with Street
  • Lot Size Sq Ft: 8551.00

Rental Info

  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Gross Multiplier: 14.48
  • Gross Operating Income: 48000.00
  • Net Operating Income: 40400.00
  • Number Of Units Total: 4
  • Operating Expense: 7600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Perino Justin J and Perino Rachelle R
Bought by
Perino Family Trust and Perino
Current Estimated Value
$1,136,000

Purchase Details

Closed on
Oct 16, 2020
Sold by
Perino Justin J
Bought by
Justin J Perino Living Trust and Perino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 26, 2016
Closed on
Feb 22, 2017
Sold by
Perino Justin J
Bought by
Perino Justin J
Seller's Agent
Cristina Sirotta
RE/MAX Parkside Real Estate
Buyer's Agent
Anthony Aurignac
Venture Real Estate
List Price
$695,000
Sold Price
$627,550
Premium/Discount to List
-$67,450
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Nov 26, 2016
Closed on
Dec 15, 2016
Sold by
Quiterio Miriam Hernandez and Quiterio Rosendo
Bought by
Perino Justin J
Seller's Agent
Cristina Sirotta
RE/MAX Parkside Real Estate
Buyer's Agent
Anthony Aurignac
Venture Real Estate
List Price
$695,000
Sold Price
$627,550
Premium/Discount to List
-$67,450
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,660
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
White Teresa
Bought by
White Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 11, 2005
Sold by
White Bruce
Bought by
Quiterio Rosendo and Quiterio Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Perino Family Trust -- None Listed On Document
Perino Justin J -- None Listed On Document
Perino Justin J -- None Listed On Document
Justin J Perino Living Trust -- Placer Title
Perino Justin J -- Placer Title
Perino Justin J -- Placer Title
Perino Justin J -- None Available
Perino Justin J $628,000 First American Title Company
White Bruce -- Cuesta Title Company
Quiterio Rosendo $750,000 Cuesta Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perino Justin J $451,800
Previous Owner Perino Justin J $470,660
Previous Owner Quiterio Rosendo $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $627,550 -9.7% $178 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/26/2016 11/26/16 For Sale $695,000 -- $197 / 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 $7,938 $728,261 $232,114 $496,147
2024 $7,808 $713,982 $227,563 $486,419
2023 $7,808 $699,983 $223,101 $476,882
2022 $7,692 $686,259 $218,727 $467,532
2021 $7,561 $672,804 $214,439 $458,365
2020 $7,458 $665,907 $212,241 $453,666
2019 $7,352 $652,851 $208,080 $444,771
2018 $7,252 $640,050 $204,000 $436,050
2017 $9,597 $883,115 $376,796 $506,319
2016 $9,409 $865,800 $369,408 $496,392
2015 -- $852,796 $363,860 $488,936
2014 $9,048 $836,092 $356,733 $479,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR1073163

California Regional Multiple Listing Service (CRMLS)

APN: 008-031-018