5401 Olmeda Ave Unit A Atascadero, CA 93422
Estimated Value: $265,000 - $551,261
9
Beds
11
Baths
5,844
Sq Ft
0.46
Acres
Highlights
- No HOA
- Laundry Room
- Forced Air Heating System
About This Home
As of August 2023Welcome to this stunning four-unit property for sale in the charming city of Atascadero! Situated in a desirable location, this compound presents a wonderful opportunity for investors and owner-occupiers alike. Each unit has its own address and APN. 5405 Olmeda is a gorgeous and historic 1918 build. 3 bedrooms, and 3 bath full of light and character! Hiding underneath the existing carpet, you will find the original narrow plank wood flooring; waiting for you to bring some of that history back to life! 5401 #A Olmeda, and 5401 #B Olmeda are both welcoming 2 bedrooms, 2 1/4 bath condos. 5403 Olmeda is a 2 bedroom, 2 bathroom home with large 2 car garage, private side yard space and deck. There is ample off-street parking available for tenants, providing added convenience and peace of mind. Shaded by remarkable big Oak trees, this 20,219 +/- square foot lot is ideally located close to downtown and all that that Atascadero has to offer. Don't miss out on this incredible opportunity to own a piece of the Central Coast! Listing ID#'s PI23027447,PI23027085, PI23027467 are to all be included in this sale.
Last Agent to Sell the Property
eXp Realty of California, Inc. License #01823529 Listed on: 02/16/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,897
Year Built
- Built in 1990
Lot Details
- 1 Common Wall
- 029292042, 029292041, 0292292039, 029292040
Parking
- 1 Car Garage
Interior Spaces
- 5,844 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 11 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 029292038
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
- Atnortheast Subdivision
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $350
- Trash Expense $4,560
- Water Sewer Expense $2,887
- Operating Expense $7,797
- Gross Income $43,800
- Net Operating Income $36,003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2023
Closed on
Aug 25, 2023
Sold by
Pearson Mary E
Bought by
Ehrke Family Revocable Trust and Ehrke
Seller's Agent
Jay Bond
eXp Realty of California, Inc.
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$1,400,000
Sold Price
$250,000
Premium/Discount to List
-$1,150,000
-82.14%
Total Days on Market
165
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,065
Avg. Annual Appreciation
41.59%
Original Mortgage
$240,000
Outstanding Balance
$235,892
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$225,173
Purchase Details
Closed on
Feb 20, 2008
Sold by
Pearson Matthew
Bought by
Pearson Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2004
Sold by
Pearson Mary E
Bought by
Pearson Matthew
Similar Homes in Atascadero, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ehrke Family Revocable Trust | $500,000 | First American Title | |
| Pearson Mary E | $72,500 | Fidelity National Title Co | |
| Pearson Matthew | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ehrke Family Revocable Trust | $240,000 | |
| Previous Owner | Pearson Mary E | $145,000 | |
| Previous Owner | Pearson Kirk | $96,500 | |
| Previous Owner | Pearson Kirk | $92,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $250,000 | 0.0% | $43 / Sq Ft |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- |
| 02/23/2023 02/23/23 | Off Market | $250,000 | -- | -- |
| 02/23/2023 02/23/23 | Pending | -- | -- | -- |
| 02/16/2023 02/16/23 | For Sale | $1,400,000 | -- | $240 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,897 | $250,000 | $100,000 | $150,000 |
| 2023 | $1,897 | $116,249 | $16,873 | $99,376 |
| 2022 | $1,788 | $113,971 | $16,543 | $97,428 |
| 2021 | $1,685 | $111,737 | $16,219 | $95,518 |
| 2020 | $1,607 | $110,592 | $16,053 | $94,539 |
| 2019 | $1,523 | $108,425 | $15,739 | $92,686 |
| 2018 | $1,457 | $106,300 | $15,431 | $90,869 |
| 2017 | $1,434 | $104,217 | $15,129 | $89,088 |
| 2016 | $1,410 | $102,175 | $14,833 | $87,342 |
| 2015 | $1,392 | $100,642 | $14,611 | $86,031 |
| 2014 | $1,293 | $98,671 | $14,325 | $84,346 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Bond
Seller's Agent in 2023
Jay Bond
eXp Realty of California, Inc.
(805) 709-4027
250 Total Sales
-
Lucas Dudley
Seller Co-Listing Agent in 2023
Lucas Dudley
RE/MAX
(805) 324-0306
22 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2023
NoEmail NoEmail
None MRML
(646) 541-2551
5,596 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI23027327
APN: 029-292-038
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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