NOT LISTED FOR SALE

Estimated Value: $889,566 - $1,186,000

1 Bed
1 Bath
809 Sq Ft
$1,266/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $647,000 $800 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,064/month

10 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Private Yard
  • Laguna Middle School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Emerson Park

About This Home

As of April 2018

Live within blocks of all Downtown San Luis Obispo has to offer in this updated 1900s home. Located in the coveted Old Town Historic District on the highly desirable Buchon Street, this property is zoned R2 and exudes potential. Enjoy being a mere five blocks to the charming Marsh and Higuera Streets in downtown and the famous Thursday night Farmers’ Market. Situated between Beach and Nipomo Streets, the home is just a block from the beloved Emerson Park with bocce ball courts, community garden, playground, and more. The bright and clean home offers hardwood flooring, one bedroom, one bathroom, living room, dining room, kitchen and laundry room. All appliances, including the fridge and washer and dryer, are included. A one-car garage and attached one room workshop are in the rear of the property. The fully fenced and nicely landscaped front and rear yards have been lovingly cared for, with rose bushes and drought tolerant bushes and shrubs. With Downtown SLO just a few blocks away, and award-winning Edna Valley wineries and sandy beaches approximately 15 minutes away, the SLO Life is waiting for you. Don’t miss out on this home’s unmatched location and great potential.

Last Agent to Sell the Property

Linda Wilson

Richardson Sotheby's International Realty License #01045160 Listed on: 03/12/2018

Richardson Sotheby's International Realty

Last Buyer's Agent

Sarah Weber

Compass License #01077788

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,874

Year Built

  • Built in 1900

Lot Details

  • 4,704 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Drip System Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Back Yard
  • Property is zoned R2

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Gated Parking

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 809 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Rain Gutters
  • Front Porch

Utilities

  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 003615009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,874

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent's Cell
  • Other Phone Number: 8058013232
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 003615009
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 809.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Laminate Counters
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 799.75
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower In Tub, Laminate Counters
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Workshop
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Concrete, Patio, Porch, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Level with Street, Rectangular Lot, Paved, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 4704.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 111.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Mar 23, 2018
Sold by
Simmons Jeffrey H and Simmons Survivors Trust
Bought by
Ludaescher Ashley E and Ludaescher Andreas Dieter
Seller's Agent
Linda Wilson
Richardson Sotheby's International Realty
Buyer's Agent
Sarah Weber
Compass
List Price
$549,000
Sold Price
$647,000
Premium/Discount to List
$98,000
17.85%
Current Estimated Value
$1,024,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,142
Avg. Annual Appreciation
6.85%
Original Mortgage
$516,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Simmons Shirley J
Bought by
Simmons Shirley J and Simmons Jeffrey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Simmons Shirley J
Bought by
Simmons Shirley J and Simmons Jeffrey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2009
Sold by
Woodruff Michael J and Estate Of Sarah E Cavanaugh
Bought by
Simmons Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.31%
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
Ludaescher Ashley E $645,000 Placer Title Co
Simmons Shirley J -- First American Title Company
Simmons Shirley J -- First American Title Company
Simmons Shirley J -- None Available
Simmons Shirley J $385,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludaescher Ashley E $295,000
Closed Ludaescher Ashley E $300,000
Open Ludaescher Ashley E $499,000
Closed Ludaescher Ashley E $516,000
Previous Owner Simmons Shirley J $270,000
Previous Owner Simmons Shirley J $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $647,000 +17.9% $800 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $549,000 -- $679 / 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 $7,874 $848,135 $568,913 $279,222
2024 $7,730 $719,506 $557,758 $161,748
2023 $7,730 $705,399 $546,822 $158,577
2022 $7,244 $691,568 $536,100 $155,468
2021 $7,128 $678,009 $525,589 $152,420
2020 $7,054 $671,058 $520,200 $150,858
2019 $6,979 $657,900 $510,000 $147,900
2018 $4,608 $436,761 $357,352 $79,409
2017 $4,516 $428,198 $350,346 $77,852
2016 $4,426 $419,803 $343,477 $76,326
2015 $4,358 $413,498 $338,318 $75,180
2014 $4,000 $405,399 $331,691 $73,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18057105

California Regional Multiple Listing Service (CRMLS)

APN: 003-615-009