NOT LISTED FOR SALE

5220 N River Rd Paso Robles, CA 93446

Estimated Value: $762,000 - $892,000

4 Beds
3.5 Baths
2,272 Sq Ft
$363/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $732,500 $322 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,953/month

300 Days on Market

Highlights

  • View of Trees or Woods
  • 12.38 Acre Lot
  • Laundry Room
  • Paso Robles High School Rated A-
  • No HOA
  • Wall Furnace

About This Home

As of December 2023

Investor or contractor delight. Beautiful 12.38 acre parcel located just minutes north of Paso Robles.
Property is on the east side of River Road and is well elevated above the road and the Salinas River. Parcel is very usable, mostly level, and is bordered by vineyards on two sides. There is a grove of eucalyptus trees. Home needs major rehab work but has potential. Most of the value is in the land. Home was previously split into two units. If you are looking for a project with upside, this may be the right property for you.

Last Agent to Sell the Property

Ron Mullins

RE/MAX Parkside Real Estate License #00875127 Listed on: 01/24/2023

RE/MAX Parkside Real Estate

Last Buyer's Agent

David Sanford

David Sanford, Broker License #00826382

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 12.38 Acre Lot
  • Rural Setting
  • Flag Lot

Property Views

  • Woods
  • Vineyard
  • Valley

Interior Spaces

  • 2,272 Sq Ft Home
  • Free Standing Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Wall Furnace
  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Pr Rural East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026431016

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: PR Rural East(170)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 026431016
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2272.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 322.40
  • Room Type: Kitchen, Laundry

Exterior Features

  • View: Trees/Woods, Valley, Vineyard
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: None
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Flag Lot
  • Lot Size Sq Ft: 539272.80
  • Lot Size Acres: 12.3800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12.3800 Acres
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Dec 1, 2023
Sold by
Richard Steven Cook Living Trust
Bought by
David T And Silvia B Sanford Trust and Sanford
Seller's Agent
Ron Mullins
RE/MAX Parkside Real Estate
Buyer's Agent
David Sanford
David Sanford, Broker
List Price
$889,000
Sold Price
$732,500
Premium/Discount to List
-$156,500
-17.6%
Views
363
Current Estimated Value
$825,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,833
Avg. Annual Appreciation
5.88%
Original Mortgage
$632,500
Outstanding Balance
$622,001
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$203,332

Purchase Details

Closed on
Apr 16, 2019
Sold by
Cook Richard Steven
Bought by
Cook Richard Steven

Purchase Details

Closed on
Feb 11, 2003
Sold by
Janice L Vandaveer Family Trust
Bought by
Cook Richard Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.78%
Mortgage Type
Commercial
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
David T And Silvia B Sanford Trust $732,500 Fidelity National Title
Cook Richard Steven -- None Available
Cook Richard Steven $350,000 Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David T And Silvia B Sanford Trust $632,500
Previous Owner Cook Richard Steven $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $732,500 -8.4% $322 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $799,900 -5.8% $352 / Sq Ft
08/24/2023 08/24/23 Price Changed $849,000 -4.5% $374 / Sq Ft
02/22/2023 02/22/23 For Sale $889,000 0.0% $391 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $889,000 -- $391 / 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 $7,906 $747,150 $408,000 $339,150
2024 $5,267 $732,500 $400,000 $332,500
2023 $5,267 $487,210 $243,605 $243,605
2022 $5,176 $477,658 $238,829 $238,829
2021 $5,075 $468,294 $234,147 $234,147
2020 $5,023 $463,494 $231,747 $231,747
2019 $4,924 $454,406 $227,203 $227,203
2018 $4,828 $445,498 $222,749 $222,749
2017 $4,521 $436,764 $218,382 $218,382
2016 $4,433 $428,200 $214,100 $214,100
2015 $4,365 $421,770 $210,885 $210,885
2014 $4,201 $413,510 $206,755 $206,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS23012995

California Regional Multiple Listing Service (CRMLS)

APN: 026-431-016