NOT LISTED FOR SALE

540 Pico Ave Unit 113 San Simeon, CA 93452

San Simeon Neighborhood

Estimated Value: $576,778 - $669,000

2 Beds
2 Baths
1,218 Sq Ft
$160/mo HOA Fee

Last Sold March 25, 2016

Last sale price $359,000 $295 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,788/month

269 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • L-Shaped Dining Room
  • Coast Union High School Rated A
  • Main Floor Primary Bedroom
  • Double Pane Windows

About This Home

As of March 2016

Las Gaviotas condo is in move-in condition. This home has a newly remodeled bathroom and kitchen. The kitchen features granite, solid surface counters and new appliances. The home features a warm gas fireplace with wood surround, large no-maintenance deck with nice pine forest views, open concept floor plan and large picture windows to let the sunlight into all of the living spaces. There is a fully finished garage, and new high efficient heater. This home is located just a short walk to a sandy beach and restaurants. Some furniture and furnishings may be available separately.

Last Agent to Sell the Property

Lance Morales

Re/Max Pines by the Sea License #00980315 Listed on: 06/01/2015

Re/Max Pines by the Sea

Co-Listed By

Charlie Casale

The Real Estate Company of Cambria License #00715862

Last Buyer's Agent

Cassandra Merrilll

Merrill & Associates Real Estate License #01333095

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 1988

Lot Details

  • 1,220

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,218 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Association Phone (805) 927-2431

Listing and Financial Details

  • Assessor Parcel Number 013091045

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,518

Year Built

Built in 1988

Lot Details

0

HOA Fees

$160 per month

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: San Simeon Acres(480)
  • View: Yes
  • Zoning: RMF
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 013091045
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1218.00
  • Interior Amenities: Pantry
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 294.75
  • Room Type: Master Bedroom, Main Floor Master Bedroom, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • View: Trees/Woods
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Cooking, Disposal, Dishwasher, Microwave
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 160.00
  • Association Fee Frequency: Monthly
  • Phone: 805-927-2431
  • Senior Community: No

Lot Info

  • Lot Features: Paved

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Mar 4, 2016
Sold by
Elder Rodney C and Elder Ann Marie
Bought by
Karriker Robert J and Karriker Alexandra
Seller's Agent
Lance Morales
Re/Max Pines by the Sea
Buyer's Agent
Cassandra Merrilll
Merrill & Associates Real Estate
List Price
$399,000
Sold Price
$359,000
Premium/Discount to List
-$40,000
-10.03%
Current Estimated Value
$621,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,195
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Jan 10, 2013
Sold by
Elder Rodney Craig and Elder Ann Marie
Bought by
Elder Rodney Craig and Elder Ann Marie

Purchase Details

Closed on
Jul 8, 2009
Sold by
Elder Rodney Craig and Elder Ann Marie
Bought by
Elder Rodney Craig and Elder Ann Marie

Purchase Details

Closed on
Jun 17, 2009
Sold by
Gmac Mortgage Llc
Bought by
Elder Rodney Craig and Elder Ann Marie

Purchase Details

Closed on
May 27, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Oct 10, 2008
Sold by
Lopez Arturo
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 18, 2006
Sold by
Ruiz Leticia Mora
Bought by
Lopez Arturo

Purchase Details

Closed on
Mar 8, 2004
Sold by
Palmer Geoffrey S
Bought by
Palmer Geoffrey S

Purchase Details

Closed on
Aug 17, 2000
Sold by
Palmer Leslie S
Bought by
Palmer Geoffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
8.11%

Purchase Details

Closed on
Aug 7, 2000
Sold by
Shatz James S and Shatz Diane L
Bought by
Palmer Geoffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
8.11%

Purchase Details

Closed on
May 10, 1994
Sold by
Shatz James S and Shatz Diane L
Bought by
Shatz James S and Shatz Diane L

Purchase Details

Closed on
Jan 26, 1994
Sold by
Shatz James S
Bought by
Shatz Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
7.1%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Karriker Robert J $359,000 Placer Title Company
Elder Rodney Craig -- None Available
Elder Rodney Craig -- First American Title Company
Elder Rodney Craig $255,000 First American Title Company
Gmac Mortgage Llc -- First American Title Company
Federal Home Loan Mortgage Corporation $336,247 First American Title Ins Co
Lopez Arturo -- Fidelity National Title Co
Palmer Geoffrey S -- --
Palmer Geoffrey S -- Fidelity National Title Co
Palmer Geoffrey S $168,000 Fidelity National Title Co
Shatz James S -- --
Shatz Diane L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Geoffrey S $134,400
Previous Owner Shatz Diane L $86,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $359,000 -6.5% $295 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
07/30/2015 07/30/15 Price Changed $384,000 -2.5% $315 / Sq Ft
07/08/2015 07/08/15 Price Changed $394,000 -1.3% $323 / Sq Ft
06/01/2015 06/01/15 For Sale $399,000 -- $328 / 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 $4,518 $424,977 $207,162 $217,815
2024 $4,441 $416,645 $203,100 $213,545
2023 $4,441 $408,476 $199,118 $209,358
2022 $4,354 $400,467 $195,214 $205,253
2021 $4,289 $392,616 $191,387 $201,229
2020 $4,239 $388,591 $189,425 $199,166
2019 $4,157 $380,972 $185,711 $195,261
2018 $4,074 $373,503 $182,070 $191,433
2017 $3,992 $366,180 $178,500 $187,680
2016 $3,054 $278,050 $147,203 $130,847
2015 $3,010 $273,874 $144,992 $128,882
2014 $2,904 $268,510 $142,152 $126,358
Source: Public Records

Agents Affiliated with this Home

  • Lance Morales

    Seller's Agent in 2016

    Lance Morales

    RE/MAX

    (805) 235-2794

    4 in this area

    85 Total Sales

    Lance Morales
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Charlie Casale

    The Real Estate Company of Cambria

    (805) 540-0828

    9 Total Sales

    Charlie Casale
    Section Image
  • Cassandra Merrilll

    Buyer's Agent in 2016

    Cassandra Merrilll

    Merrill & Associates Real Estate

    (805) 331-3310

    110 Total Sales

    Cassandra Merrilll
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1055717

California Regional Multiple Listing Service (CRMLS)

APN: 013-091-045

California San Luis Obispo County San Simeon 93452 San Simeon

540 Pico Ave Unit 113, San Simeon, CA

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