$950,000
SOLD MAR 26, 2021
2 Beds
2.5 Baths
1,438 Sq Ft
$253/mo HOA Fee

Recently Sold

$661 Per Sq Ft

2% Below List Price

44 Days on Market

Highlights

  • Under Construction
  • Rooftop Deck
  • Mountain View
  • Laguna Middle School Rated A
  • Open Floorplan
  • 5-minute walk to Emerson Park

About This Home

As of October 2022

Welcome to Paseo Carmel! An elegant collection of newly built Spanish inspired homes in downtown San Luis Obispo. The Casitas offer beautifully built light & bright living area, private elevators, and sweeping views of Cerro San Luis Obispo from expansive rooftop patios. Features of the home include 2 bedrooms, 2.5 bathrooms in approx. 1438 square feet of luxurious living space. A private elevator allows for easy access on each level of the home. The open-concept living area on the second floor offers a gourmet kitchen with Wolf range, Sub Zero refrigerator, Shaker style cabinetry, quartz countertops, and a beautiful center island with seating. The 9’ ceilings and beautifully placed windows draw in an abundance of light, making the home feel bright and airy, while the gas fireplace provides a cozy way to unwind at the end of the day. Each bedroom within the home is equipped with an ensuite bathroom.  Take the elevator up to the third level's 458 sqft roof deck and enjoy the perfect space for entertaining or relaxing.  Many exceptional and exciting upgrades throughout. Live minutes from the best beaches, wineries, dining, and entertainment the Central Coast has to offer.

Last Agent to Sell the Property

Michelle Braunschweig

Richardson Sotheby's International Realty License #01736789 Listed on: 01/08/2021

Richardson Sotheby's International Realty

Co-Listed By

Chris Richardson

Richardson Prop. Christie's In License #01200458

Last Buyer's Agent

Michelle Braunschweig

Richardson Sotheby's International Realty License #01736789 Listed on: 01/08/2021

Richardson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,176

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $253 Monthly HOA Fees

Property Views

  • Mountain
  • Hills

Home Design

  • Spanish Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,438 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Parking Lot

Outdoor Features

  • Rooftop Deck
  • Patio

Additional Features

  • Accessible Parking
  • Central Heating and Cooling System

Community Details

Overview

  • 10 Units
  • Paseo Carmel Association
  • Reg Property Management HOA
  • San Luis Obispo Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,176

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$253 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Paseo Carmel
  • View: Yes
  • Architectural Style: Spanish
  • New Construction: Yes
  • Property Condition: Turnkey, Under Construction
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 1438.00 Square Feet
  • Interior Amenities: Elevator, Open Floorplan, Pantry
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Price Per Square Foot: 660.64
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Bath(s), Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Mountain(s)
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Roof: Concrete, Tile

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Management
  • Association Fee: 253.25
  • Association Fee Frequency: Monthly
  • Association Name: Paseo Carmel
  • Phone: 0000000000
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: REG Property Management

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1818.00
  • Lot Size Acres: 0.0417
  • Latitude Manual: 35.27578000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1818.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Aug 31, 2022
Sold by
Steven Gregory Smith and Steven Amber Siobha
Bought by
Chin Family Trust
Seller's Agent
Lindsey Harn
Christie's International Real Estate Sereno
Buyer's Agent
Lindsey Harn
Christie's International Real Estate Sereno
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
44
Current Estimated Value
$1,027,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,262
Avg. Annual Appreciation
-1.19%
Original Mortgage
$805,000
Outstanding Balance
$775,977
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$289,244

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 2, 2021
Sold by
Renton Partners Llc
Bought by
Smith Steven Gregory and Smith Amber Siobhan
Seller's Agent
Michelle Braunschweig
Richardson Sotheby's International Realty
Buyer's Agent
Michelle Braunschweig
Richardson Sotheby's International Realty
List Price
$969,000
Sold Price
$950,000
Premium/Discount to List
-$19,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$665,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,100,000 Fidelity National Title
Grant Deed $950,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $805,000 New Conventional
Previous Owner $665,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $1,100,000 0.0% $741 / Sq Ft
10/07/2022 10/07/22 For Sale $1,100,000 +15.8% $741 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
03/26/2021 03/26/21 Sold $950,000 -2.0% $661 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $969,000 -- $674 / 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
2024 $12,176 $1,122,000 $612,000 $510,000
2023 $12,176 $1,100,000 $600,000 $500,000
2022 $10,254 $969,000 $535,500 $433,500
2021 $6,003 $538,207 $108,207 $430,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20179841

California Regional Multiple Listing Service (CRMLS)

APN: 003-512-030