Seller's Agent in 2022
Mitch Culver
RE/MAX
(805) 591-5340
28 Total Sales
408 3rd St Paso Robles, CA 93446
Estimated Value: $1,007,000 - $1,305,000
6
Beds
6
Baths
3,772
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- Corner Lot
- High Efficiency Air Conditioning
- Foothills
- Paso Robles High School Rated A-
- Laundry Room
- High Efficiency Heating System
About This Home
As of August 2022West Paso Robles in Old Town. Opportunity to purchase a triplex with in walking distance to the City Park and Restaurants & Shops. Owner purchased this property and transformed this property into three 2 bedroom 2 bath apartments. Each beautifully complete with its own private deck. Tall ceiling, clean lines, split pack Heat and air units, rail /hanging sliders and more with a modern touch. This property finished construction last year. There are additional plans into the city for 3 more units on the property, for a total of 6 units should the new owner choose to build. Per owner, permits are ready to pull at the city. Great location, great property! Perfect for long term investment, possibly keeping one of the residences for yourself if you like Wine Country visits. * Information from seller or seller's agents used to sell the property are believed to be from reliable sources but are not verified or guaranteed, purchaser agrees to verify all information through purchaser's hired professionals during property review. Please do not disturb tenants. Income and expense statement available upon request. Seller may effect a tax differed exchange.
Last Agent to Sell the Property
RE/MAX Parkside Real Estate License #00892595 Listed on: 07/31/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 0.48 Acre Lot
- Two or More Common Walls
- Corner Lot
- Gentle Sloping Lot
Parking
- 6 Car Garage
Home Design
- 3,772 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
Utilities
- High Efficiency Air Conditioning
- High Efficiency Heating System
Listing and Financial Details
- Legal Lot and Block 10 / 140
- Assessor Parcel Number 009281009
Community Details
Overview
- 3 Units
- Pr City Limits West Subdivision
- Foothills
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $150
- Maintenance Expense $200
- Other Expense $606
- Trash Expense $143
- Water Sewer Expense $165
- Operating Expense $658
- Gross Income $7,050
- Net Operating Income $6,392
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2024
Sold by
Karcher Patrick Alan and Karcher Lisa Marie
Bought by
Karcher Family Trust and Karcher
Current Estimated Value
Purchase Details
Listed on
Jul 31, 2022
Closed on
Aug 19, 2022
Sold by
Gilson Family Limited Partnership
Bought by
Karcher Patrick and Karcher Lisa
Seller's Agent
Mitch Culver
RE/MAX Parkside Real Estate
Buyer's Agent
David Crabtree
Home & Ranch Sotheby's Intl
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.17%
Purchase Details
Listed on
Oct 30, 2017
Closed on
Mar 8, 2018
Sold by
First Missionary Baptist Church Odf Paso
Bought by
Gilson Family Limited Partnership
Seller's Agent
Karen McNamara
Classic Coast Realty, Inc.
Buyer's Agent
Corban Holland
Pacifica Commercial Realty
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.10%
Original Mortgage
$300,000
Interest Rate
4.43%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karcher Family Trust | -- | None Listed On Document | |
| Karcher Patrick Alan | -- | None Listed On Document | |
| Karcher Patrick | $1,200,000 | First American Title | |
| Gilson Family Limited Partnership | $450,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gilson Family Limited Partnership | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/29/2022 08/29/22 | Sold | $1,200,000 | -17.2% | $318 / Sq Ft | |
| 08/12/2022 08/12/22 | Pending | -- | -- | -- | |
| 07/31/2022 07/31/22 | For Sale | $1,450,000 | +222.2% | $384 / Sq Ft | |
| 04/12/2018 04/12/18 | Sold | $450,000 | -18.2% | $125 / Sq Ft | View Prior Sale |
| 02/12/2018 02/12/18 | Pending | -- | -- | -- | |
| 12/31/2017 12/31/17 | For Sale | $550,000 | 0.0% | $153 / Sq Ft | |
| 12/17/2017 12/17/17 | Pending | -- | -- | -- | |
| 12/15/2017 12/15/17 | For Sale | $550,000 | 0.0% | $153 / Sq Ft | |
| 11/09/2017 11/09/17 | Pending | -- | -- | -- | |
| 10/30/2017 10/30/17 | For Sale | $550,000 | -- | $153 / 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 | $13,608 | $1,248,480 | $395,352 | $853,128 |
| 2024 | $13,386 | $1,224,000 | $387,600 | $836,400 |
| 2023 | $13,386 | $1,200,000 | $380,000 | $820,000 |
| 2022 | $7,352 | $655,888 | $402,074 | $253,814 |
| 2021 | $7,058 | $628,029 | $394,191 | $233,838 |
| 2020 | $6,528 | $582,880 | $390,150 | $192,730 |
| 2019 | $5,169 | $459,000 | $382,500 | $76,500 |
| 2018 | $2,063 | $182,052 | $118,341 | $63,711 |
| 2017 | $0 | $178,483 | $116,021 | $62,462 |
| 2016 | -- | $174,985 | $113,747 | $61,238 |
| 2015 | -- | $172,358 | $112,039 | $60,319 |
| 2014 | -- | $168,983 | $109,845 | $59,138 |
Source: Public Records
Agents Affiliated with this Home
-
Mitch Culver
-
David Crabtree
Buyer's Agent in 2022
David Crabtree
Home & Ranch Sotheby's Intl
(805) 459-9261
242 Total Sales
-
Karen McNamara
K
Seller's Agent in 2018
Karen McNamara
Classic Coast Realty, Inc.
(760) 722-3222
7 Total Sales
-
Corban Holland
Buyer's Agent in 2018
Corban Holland
Pacifica Commercial Realty
(805) 899-2400
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS22164318
APN: 009-281-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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