NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,218,723

2 Beds
2 Baths
1,278 Sq Ft
$896/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $1,030,000 $806 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,153/month

2 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Home Office
  • Laguna Middle School Rated A
  • No HOA
  • Hiking Trails

About This Home

As of December 2022

If you have been dreaming of a renovated vintage bungalow in a desirable neighborhood in SLO, look no further. 516 Mitchell Drive offers you two bedrooms, a yoga room or office, 2 baths and an open floor plan with beautiful remodeling and upgrades! As you step inside you will notice original hardwood flooring at the living room and entry, as well as coved ceilings and so much natural light through the picture windows. Your kitchen is open to your dining room and offers quartz counters, maple cabinetry and updated stainless steel appliances, as well as bar seating and open shelving too! Your formal living room overlooks your front lawn and offers an attractive wood burning fireplace. The living spaces offer can lights and a whole house speaker system, as well. Down the hallway find your primary suite with more of those original wood floors and your en-suite bathroom with a soaking tub, glass enclosed walk in shower and more of the quartz counters at your vanity. Your guest bathroom features a pedestal sink and glass enclosed shower and your indoor laundry offers storage cabinets and a second door to your gorgeous back yard. The windows have been updated throughout the home, as well as electrical updates and all plumbing! Through the kitchen, find your sliding glass door and step outside onto your expansive composite deck, where you can enjoy music on your speaker system outside too, while overlooking your spacious yard! The back yard is a is a gardener's dream! There are garden boxes, flower beds, a lawn, a fig tree and a fantastic orange tree! Your detached garage sits at the back of the lot, allowing for a long driveway with plenty of parking and at the rear of the garage find your yoga room, which would also make a great office space. There is also a tool shed, a peek a boo view of Madonna mountain too and the location in Little Italy is central and convenient for enjoying the world class restaurants and shopping San Luis Obispo offers. There is also a nearby park and trail head right in your neighborhood! Take your video tour here https://vid.us/vq9klh or call today!

Last Agent to Sell the Property

Heather Roda

Platinum Properties License #01353261 Listed on: 11/11/2022

Last Buyer's Agent

Sacha Steel

The Avenue Central Coast Realty, Inc. License #01990063

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,533

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,278 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 20 / 1
  • Assessor Parcel Number 004912026

Community Details

Overview

  • No Home Owners Association
  • San Luis Obispo Subdivision

Recreation

  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,533

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 004912026
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1278.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 805.95
  • Room Type: All Bedrooms Down, Office

Exterior Features

  • Foundation: Raised
  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Park

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 111.05
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Nov 16, 2022
Sold by
Leslie D Gullikson Revocable Trust
Bought by
Anderson Revocable Trust
Seller's Agent
Heather Roda
Platinum Properties
Buyer's Agent
Sacha Steel
The Avenue Central Coast Realty, Inc.
List Price
$979,000
Sold Price
$1,030,000
Premium/Discount to List
$51,000
5.21%
Views
11
Current Estimated Value
$1,145,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,181
Avg. Annual Appreciation
4.69%
Original Mortgage
$824,000
Outstanding Balance
$801,721
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$366,080

Purchase Details

Closed on
Dec 17, 2009
Sold by
Gullikson Leslie D
Bought by
Gullikson Leslie D

Purchase Details

Closed on
Aug 12, 2009
Sold by
Gullikson Leslie D and Anderson Leslie D
Bought by
Gullikson Leslie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,200
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2006
Sold by
Anderson Andy
Bought by
Anderson Leslie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Anderson Revocable Trust $1,030,000 First American Title
Gullikson Leslie D -- None Available
Gullikson Leslie D -- Fidelity National Title Co
Anderson Leslie D -- Chicago Title Co
Anderson Leslie D $550,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Revocable Trust $824,000
Previous Owner Gullikson Leslie D $403,200
Previous Owner Anderson Leslie D $399,000
Previous Owner Anderson Leslie D $80,000
Previous Owner Anderson Leslie D $75,000
Previous Owner Anderson Leslie D $403,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $1,030,000 +5.2% $806 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $979,000 -- $766 / 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 $11,533 $1,071,612 $806,310 $265,302
2024 $11,401 $1,050,600 $790,500 $260,100
2023 $11,401 $1,030,000 $775,000 $255,000
2022 $7,502 $715,951 $515,100 $200,851
2021 $7,382 $701,913 $505,000 $196,913
2020 $7,000 $666,000 $480,000 $186,000
2019 $7,066 $666,000 $480,000 $186,000
2018 $6,809 $642,000 $460,000 $182,000
2017 $6,809 $642,000 $460,000 $182,000
2016 $6,112 $577,000 $415,000 $162,000
2015 $5,917 $559,000 $400,000 $159,000
2014 $5,000 $505,000 $365,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS22233579

California Regional Multiple Listing Service (CRMLS)

APN: 004-912-026