NOT LISTED FOR SALE

511 6th St Paso Robles, CA 93446

Estimated Value: $826,000 - $1,355,000

5 Beds
2 Baths
2,261 Sq Ft
$489/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $850,000 $376 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,592/month

Highlights

  • Property is near park
  • Wood Flooring
  • High Ceiling
  • Paso Robles High School Rated A-
  • Corner Lot
  • Neighborhood Views

About This Home

As of February 2021

DOUBLE DELIGHT! Welcome to 511 & 511 1/2 6th street in the heart of Paso Robles just walking distance to downtown restaurants, shops and wineries. You will love this property as it comes complete with 2 houses front facing onto 6th Street. The main home features 3 bedrooms, 1 bath, plus a one car extra large garage with over 1300 sq. ft. of living space. Other benefits include newer picture windows bringing in tons of light, updated wood laminate flooring in the living room, dining room and hallway plus updated tile flooring in kitchen, bath and entry. All three bedrooms have the original hard wood flooring in exceptional condition. There are many quaint architectural details found only in older homes. The second home was built in 1977, offering 2 bedrooms, 1 bath with 950 sq. ft. of living space with carport and additional parking on site. Renovations include updated kitchen, bath and newer wood laminate flooring throughout. This 7,000 sq. ft corner lot allows for just enough space to enjoy the warm summer nights with friends and family. This income property has endless possibilities, a good investment for the right person with the right ideas. Call your realtor today to schedule your appointment to view these charming homes.

Last Agent to Sell the Property

Lauri Strain

Attune Real Estate License #01439653 Listed on: 12/18/2020

Last Buyer's Agent

Ellie Washington

Compass License #02079797

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,000 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Level Lot
  • Drip System Landscaping
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Front Facing Garage
  • Guest Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,261 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Library
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • 220 Volts In Laundry

Utilities

  • Floor Furnace
  • Water Heater
  • Water Purifier
  • Phone Available
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Property is near park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, telephone, trash collection
  • Legal Lot and Block 7 / 133
  • Assessor Parcel Number 009194005

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Pr City Limits West Subdivision

Recreation

  • Park
  • Bike Trail

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $142
  • New Taxes Expense $8,250
  • Operating Expense $142
  • Gross Income $1,500
  • Net Operating Income $1,358

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Washer/Dryer, refrigerator in main home
  • Property Attached: No
  • Subdivision Name Other: PR City Limits West(120)
  • View: Yes
  • Water Sewer Expenses: 142.00
  • Zoning: R2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 009194005
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 375.94
  • Room Type: Kitchen, Library

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator, Water Heater, Water Purifier
  • Electric: 220 Volts in Laundry
  • Heating Type: Floor Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Level with Street, Level, Park Nearby, Sprinklers Drip System
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Gross Income: 1500.00
  • Gross Scheduled Income: 1500.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 1358.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 175.00
  • Other Income Description: 10 roll up screen
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 142.00

Tax Info

  • New Taxes Expense: 8250.00
  • Tax Block: 133
  • Tax Census Tract: 101.02
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 24, 2021
Sold by
Koscheski Paul
Bought by
Koscheski Paul and Koscheski Trust
Seller's Agent
Lauri Strain
Attune Real Estate
Buyer's Agent
Ellie Washington
Compass
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%
Current Estimated Value
$1,106,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,199
Avg. Annual Appreciation
5.50%
Original Mortgage
$637,500
Outstanding Balance
$568,871
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$537,328

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 12, 2021
Sold by
Figg Richard and Figg Mary Ann
Bought by
Koscheski Paul
Seller's Agent
Lauri Strain
Attune Real Estate
Buyer's Agent
Ellie Washington
Compass
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Outstanding Balance
$568,871
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$537,328

Purchase Details

Closed on
May 29, 2018
Sold by
Figg Richard and Figg Mary Ann
Bought by
Figg Richard and Figg Mary Ann

Purchase Details

Closed on
Sep 9, 1998
Sold by
Worthan Robert E
Bought by
Figg Richard and Figg Mary Ann

Purchase Details

Closed on
Nov 7, 1996
Sold by
Waldron Kathryn J
Bought by
Worthan Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Koscheski Paul -- First American Title Company
Koscheski Paul $850,000 First American Title Company
Figg Richard -- None Available
Figg Richard $140,000 Fidelity National Title Co
Worthan Robert E $118,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koscheski Paul $637,500
Previous Owner Worthan Robert E $106,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $850,000 +3.0% $376 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $825,000 -- $365 / 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 $10,028 $920,066 $270,608 $649,458
2024 $9,865 $902,026 $265,302 $636,724
2023 $9,865 $884,340 $260,100 $624,240
2022 $9,718 $867,000 $255,000 $612,000
2021 $2,200 $202,747 $72,407 $130,340
2020 $2,169 $200,669 $71,665 $129,004
2019 $2,137 $196,735 $70,260 $126,475
2018 $2,106 $192,879 $68,883 $123,996
2017 $1,979 $189,098 $67,533 $121,565
2016 $1,939 $185,391 $66,209 $119,182
2015 $1,930 $182,607 $65,215 $117,392
2014 $1,862 $179,031 $63,938 $115,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20257102

California Regional Multiple Listing Service (CRMLS)

APN: 009-194-005