NOT LISTED FOR SALE

5450 Olmeda Ave Atascadero, CA 93422

Estimated Value: $850,000 - $950,000

4 Beds
2 Baths
2,330 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $535,000 $230 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,522/month

10 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Bonus Room
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of May 2016

The Lewis/Chamberlin House, built circa 1917, is recognized by the Atascadero Historical Society as one of the original Colony Homes. This home (with a history of only 5 owners in 100 years) has been lovingly maintained. The main level features a beautiful foyer, separate living, family and dining room, plus kitchen, two bedrooms and a full bath. A grand staircase in the foyer leads to two upstairs bedroobms, a second bath, and a large bonus room. The oversized landing at the top of the staircase can be used as a library, office or sitting area. Recent updates to the home include newer electrical panel and a newly installed HVAC system and ductwork. A two story 500 sqft addition was completed in 2007. Situated on a private, 1/3 acre parcel, the possibilities for landscaping and further property development are unlimited. Factor in the walkability to downtown and you have the best of both worlds. Great home. Great opportunity.

Last Agent to Sell the Property

Steve Hopkins

California Coastal Real Estate License #01721304 Listed on: 04/01/2016

Last Buyer's Agent

Greg Malik

Malik Real Estate Group, Inc. License #00791793

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,401

Year Built

  • Built in 1915

Lot Details

  • 0.34 Acre Lot
  • Privacy Fence
  • Fenced
  • Level Lot

Home Design

  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,330 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Family Room
  • Dining Room
  • Bonus Room
  • Views of Woods
  • Basement

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 029311048

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,401

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Assessments: No
  • Subdivision Name Other: ATNortheast(10)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 029311048
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2330.00
  • Interior Amenities: Ceiling Fan(s), Vacuum Central
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Wood Stove Insert
  • Levels: Two
  • Price Per Square Foot: 229.61
  • Room Type: Basement, Bonus Room, Family Room, Main Floor Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Raised
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Roof: Flat, Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Gas Cooking, Disposal, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 14810.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 14, 2016
Sold by
Moon Charles Preston and Murphy Kathleen S
Bought by
Wilkins Eric Christopher and Wilkins Christy Marie
Seller's Agent
Steve Hopkins
California Coastal Real Estate
Buyer's Agent
Greg Malik
Malik Real Estate Group, Inc.
List Price
$524,500
Sold Price
$535,000
Premium/Discount to List
$10,500
2%
Total Days on Market
10
Current Estimated Value
$901,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,937
Avg. Annual Appreciation
5.84%
Original Mortgage
$462,962
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 15, 2012
Closed on
Jul 12, 2012
Sold by
Clarke John and Clarke Katherine
Bought by
Moon Charles Preston and Murphy Kathleen S
Seller's Agent
Colleen Clarke
Christie's International Real Estate Sereno
Buyer's Agent
Steve Hopkins
California Coastal Real Estate
List Price
$445,000
Sold Price
$435,000
Premium/Discount to List
-$10,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$348,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2000
Sold by
Brownlee Kathleen W
Bought by
Clarke John and Clarke Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.24%
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
Wilkins Eric Christopher $535,000 First American Title Company
Moon Charles Preston $435,000 Fidelity National Title Co
Clarke John $207,500 Fidelity National Title Co
Brownlee Kathleen W -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Eric Christopher $150,000
Closed Wilkins Eric Christopher $100,000
Closed Wilkins Eric Christopher $32,000
Open Wilkins Eric Christopher $457,275
Closed Wilkins Eric Christopher $462,962
Previous Owner Moon Charles Preston $348,000
Previous Owner Clarke John $50,000
Previous Owner Clarke John $180,000
Previous Owner Clarke John $170,000
Previous Owner Clarke John $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $535,000 +2.0% $230 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $524,500 +20.6% $225 / Sq Ft
08/02/2012 08/02/12 Sold $435,000 -2.2% $189 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $445,000 -- $194 / 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 $7,401 $633,326 $207,162 $426,164
2024 $7,397 $620,908 $203,100 $417,808
2023 $7,397 $608,734 $199,118 $409,616
2022 $7,219 $596,799 $195,214 $401,585
2021 $7,008 $585,098 $191,387 $393,711
2020 $6,874 $579,099 $189,425 $389,674
2019 $6,685 $567,745 $185,711 $382,034
2018 $6,517 $556,614 $182,070 $374,544
2017 $6,392 $545,700 $178,500 $367,200
2016 $5,328 $452,500 $156,034 $296,466
2015 $5,250 $445,704 $153,691 $292,013
2014 $4,889 $436,974 $150,681 $286,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1064779

California Regional Multiple Listing Service (CRMLS)

APN: 029-311-048