NOT LISTED FOR SALE

5240 Olmeda Ave Atascadero, CA 93422

Estimated Value: $555,000 - $638,000

2 Beds
1 Bath
708 Sq Ft
$862/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $585,000 $826 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,592/month

9 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Granite Countertops
  • Deck
  • Main Floor Bedroom
  • No HOA

About This Home

As of March 2023

Come see this charming 2 bedrooms/ one bath property, tucked away from the street in beautiful Atascadero.
Impressive hardwood floors, a woodburning fireplace, and a cozy dining nook make you feel at home the minute you step in. You will notice the pride of ownership by the many upgrades that were completed in 2017 ;they include the replacement of the heating and A/C ,the plumbing and electrical, installation of new insulation in walls and attic, and the kitchen remodel with new cabinets, appliances and countertops. A 200 Amp electrical panel was recently added and a new roof installation was just completed this February 2023.
There is lots of outdoor space surrounding the home.
Enjoy your summer days on the shaded brick side patio or BBQ on the newer trex deck in the back of the house. In addition to the metal workshop and the 1-car garage, you will find in the backyard fruit trees and ample space for entertaining , gardening or any other hobbies. The large, +/- 13,000 sqft lot is zoned MF10 and offers the opportunity to add an additional unit. Interested buyers should verify rules and restrictions with the Atascadero City Building department. The home is conveniently located in walking distance to shops and restaurants in downtown Atascadero.

Last Agent to Sell the Property

Uschi Fenton

RE/MAX Parkside Real Estate License #01923342 Listed on: 02/15/2023

RE/MAX Parkside Real Estate

Last Buyer's Agent

Alicia Bartlett

RE/MAX Parkside Real Estate License #01172766

RE/MAX Parkside Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,229

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MF10

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway Down Slope From Street
  • Gated Parking
  • RV Potential

Home Design

  • Composition Roof

Interior Spaces

  • 708 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room
  • Neighborhood Views
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Softener
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Atnortheast Subdivision

Listing and Financial Details

  • Legal Lot and Block 46 / QA
  • Assessor Parcel Number 029301011
  • $934 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,229

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, washer, dryer
  • Property Attached: No
  • Subdivision Name Other: ATNortheast(10)
  • View: Yes
  • Zoning: MF10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 029301011
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 708.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 826.27
  • Room Type: All Bedrooms Down, Basement, Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Main Floor Full Bath
  • Room Kitchen Features: Granite Counters
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Other Structures: Workshop
  • View: Neighborhood
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Down Slope From Street, Garage, Garage - Single Door, Gated, RV Potential
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Disposal, Refrigerator, Water Softener
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Atascadero Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13200.00
  • Lot Size Acres: 0.3030

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: QA
  • Tax Census Tract: 125.05
  • Tax Lot: 46
  • TaxOtherAnnualAssessmentAmount: 933.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Feb 24, 2023
Sold by
Dole Grayson
Bought by
Lloyd Craig and Lloyd Kimberly
Seller's Agent
Uschi Fenton
RE/MAX Parkside Real Estate
Buyer's Agent
Alicia Bartlett
RE/MAX Parkside Real Estate
List Price
$525,000
Sold Price
$585,000
Premium/Discount to List
$60,000
11.43%
Total Days on Market
9
Views
118
Current Estimated Value
$610,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,546
Avg. Annual Appreciation
2.91%
Original Mortgage
$527,250
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2016
Closed on
Sep 26, 2016
Sold by
Berndt Deborah A and Cole Suzanne Michelle
Bought by
Dole Grayson
Seller's Agent
John Goodell
John Goodell Real Estate
Buyer's Agent
Maci Umbertis
RE/MAX Parkside Real Estate
List Price
$319,000
Sold Price
$295,000
Premium/Discount to List
-$24,000
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$95,000
Interest Rate
3.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 8, 2005
Sold by
Berndt Deborah A
Bought by
Berndt Deborah A and Cole Suzanne Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 13, 1999
Sold by
Venturini Attilio Guido and Venturini Bonnie L
Bought by
Berndt Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9.25%
Source: Public Records

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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
Lloyd Craig $585,000 Fidelity National Title
Dole Grayson $295,000 Fidelity National Title Co
Berndt Deborah A -- Accommodation
Berndt Deborah A $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Craig $525,000
Closed Lloyd Craig $527,250
Previous Owner Dole Grayson $195,509
Previous Owner Dole Grayson $95,000
Previous Owner Dole Grayson $200,000
Previous Owner Berndt Deborah A $196,000
Previous Owner Berndt Deborah A $154,500
Previous Owner Berndt Deborah A $155,000
Previous Owner Berndt Deborah A $137,000
Previous Owner Berndt Deborah A $50,000
Previous Owner Berndt Deborah A $84,000
Closed Berndt Deborah A $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $585,000 +11.4% $826 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $525,000 +78.0% $742 / Sq Ft
10/07/2016 10/07/16 Sold $295,000 -7.5% $417 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $319,000 +8.1% $451 / Sq Ft
08/19/2016 08/19/16 Off Market $295,000 -- --
08/19/2016 08/19/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $319,000 0.0% $451 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $319,000 0.0% $451 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $319,000 -- $451 / 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 $4,229 $596,700 $382,500 $214,200
2023 $4,229 $329,075 $189,636 $139,439
2022 $4,090 $322,623 $185,918 $136,705
2021 $3,940 $316,298 $182,273 $134,025
2020 $3,838 $313,056 $180,405 $132,651
2019 $3,708 $306,918 $176,868 $130,050
2018 $3,598 $300,900 $173,400 $127,500
2017 $3,531 $295,000 $170,000 $125,000
2016 $1,720 $136,313 $77,894 $58,419
2015 $1,696 $134,266 $76,724 $57,542
2014 $1,569 $131,637 $75,222 $56,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS23015793

California Regional Multiple Listing Service (CRMLS)

APN: 029-301-011