NOT LISTED FOR SALE

548 Sandercock St San Luis Obispo, CA 93401

Higuera Neighborhood

Estimated Value: $1,003,000 - $1,180,000

2 Beds
2 Baths
1,206 Sq Ft
$917/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $680,000 $564 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,497/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Two Homes on a Lot
  • Laguna Middle School Rated A
  • Beamed Ceilings
  • Skylights

About This Home

As of September 2017

This two unit property consists of a 2 bedroom 1 bath Spanish bungalow in the front, and a bright and airy little studio in the back. Both units are completely separate, free standing homes with no shared walls, and both have their own separate fenced yards. Utility meters are shared. Walking distance to downtown SLO and train station.

In the front house, the living room has curved ceilings and built in alcoves above the stone fireplace. The dining room has built in shelves and drawers in one corner. The kitchen has a laundry area with washer & dryer. The master bedroom has French doors that open onto the back yard with a patio and citrus trees. The bathroom has a shower / tub combo. Parking is available in the driveway.

The cute and cozy studio has an open beam timber frame design with lots of light and a gas stove fireplace for heating and ambiance. The kitchen has custom stained cabinets, room for a small / mini fridge, and a stove top. The bathroom has Travertine tile in the shower and a pedestal sink.

Last Agent to Sell the Property

Darcie Wenner

Allan Real Estate Investments License #01421049 Listed on: 08/02/2017

Last Buyer's Agent

Liz Anderson

Central Coast Premier Realty License #01462145

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,517

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Density is up to 1 Unit/Acre

Home Design

  • Bungalow
  • Raised Foundation
  • Spanish Tile Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,206 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • Living Room
  • Fire and Smoke Detector
  • Tile Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Additional Homes

  • Two Homes on a Lot

Utilities

  • Central Heating
  • Combination Of Heating Systems
  • 220 Volts For Spa
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 003743007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Electric Expense $780
  • Gardener Expense $720
  • Insurance Expense $1,323
  • Trash Expense $300
  • Water Sewer Expense $960
  • Operating Expense $4,083
  • Gross Income $35,520
  • Net Operating Income $31,437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,517

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: San Luis Obispo(380)
  • Water Sewer Expenses: 960.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 003743007
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 563.85
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Skylight(s)

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Asphalt, Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts For Spa
  • Heating Type: Central, Combination
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 5000.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 966 Square Feet
  • Average Studio Area: 240 Square Feet
  • Electric Expense: 780.00
  • Gross Income: 35520.00
  • Gross Scheduled Income: 35520.00
  • Insurance Expense: 1323.00
  • Net Operating Income: 31437.00
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Patio: 1
  • Number With Range: 1
  • Number With Refrigerator: 2
  • Operating Expense: 4083.00
  • Rent Control: No
  • Total Actual Rent: 35520.00
  • Total Expenses: 4083.00

Tax Info

  • Tax Census Tract: 111.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Macmurillo Jennifer Mac and Daugherty Jennifer M
Bought by
Murillo Jennifer Mae
Current Estimated Value
$1,105,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,800
Outstanding Balance
$405,475
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$700,088

Purchase Details

Listed on
Aug 2, 2017
Closed on
Aug 30, 2017
Sold by
Wenner Darcie L
Bought by
Daugherty Jennifer M
Seller's Agent
Darcie Wenner
Allan Real Estate Investments
Buyer's Agent
Liz Anderson
Central Coast Premier Realty
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$465,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 2, 2017
Closed on
Aug 21, 2017
Sold by
Murillo Brian
Bought by
Daugherty Jennifer M
Seller's Agent
Darcie Wenner
Allan Real Estate Investments
Buyer's Agent
Liz Anderson
Central Coast Premier Realty
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2016
Sold by
Fulkerson Jonathon P and Fulkerson Darcie L
Bought by
Fulkerson Darcie L

Purchase Details

Closed on
Nov 26, 2010
Sold by
Fulkerson Jonathon P and Fulkerson Darcie L
Bought by
Fulkerson Jonathon P and Fulkerson Darcie L

Purchase Details

Closed on
Apr 6, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Fulkerson Jonathon P and Fulkerson Darcie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,924
Interest Rate
5.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2009
Sold by
Finn Noel R
Bought by
Wells Fargo Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,924
Interest Rate
5.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2005
Sold by
Finn Noel R
Bought by
Finn Noel R and Finn Nanette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.48%

Purchase Details

Closed on
May 16, 2005
Sold by
Nettles Nanette K
Bought by
Finn Noel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2003
Sold by
Nash Larry and Nash Andrea
Bought by
Finn Noel R and Nettles Nanette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.5%

Purchase Details

Closed on
Oct 17, 2003
Sold by
Kyle Mike and Kyle Suzan C
Bought by
Nash Larry and Nash Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.5%

Purchase Details

Closed on
Oct 24, 2001
Sold by
Nash Larry and Nash Andrea
Bought by
Nash Larry and Nash Andrea

Purchase Details

Closed on
Mar 20, 1997
Sold by
Singleton David R and Singleton Maria Delpilar
Bought by
Nash Larry and Nash Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
7.86%

Purchase Details

Closed on
Jun 20, 1995
Sold by
Singleton David R and Singleton Maria D
Bought by
Singleton David R and Singleton Maria Del Pilar
Source: Public Records

Range of Values:

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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
Murillo Jennifer Mae -- Avenue 365 Lender Svcs Llc
Daugherty Jennifer M $680,000 First American Title Company
Daugherty Jennifer M -- First American Title Company
Fulkerson Darcie L -- None Available
Fulkerson Jonathon P -- None Available
Fulkerson Jonathon P $409,000 Fidelity National Title
Wells Fargo Bank National Association $365,845 None Available
Finn Noel R -- First American Title Co
Finn Noel R -- First American Title Co
Finn Noel R $499,000 First American Title Company
Nash Larry -- --
Nash Larry -- Cuesta Title Company
Nash Larry $158,000 Fidelity National Title Co
Singleton David R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murillo Jennifer Mae $440,800
Closed Daugherty Jennifer M $465,000
Previous Owner Fulkerson Jonathon P $326,924
Previous Owner Finn Noel R $60,000
Previous Owner Finn Noel R $480,000
Previous Owner Finn Noel R $399,200
Previous Owner Nash Larry $142,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $680,000 +0.7% $564 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $675,000 -- $560 / 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 $8,517 $793,202 $546,155 $247,047
2024 $8,361 $777,650 $535,447 $242,203
2023 $8,361 $762,403 $524,949 $237,454
2022 $7,836 $747,455 $514,656 $232,799
2021 $7,710 $732,800 $504,565 $228,235
2020 $7,441 $707,472 $499,392 $208,080
2019 $7,362 $693,600 $489,600 $204,000
2018 $7,216 $680,000 $480,000 $200,000
2017 $4,791 $453,779 $333,663 $120,116
2016 $4,695 $444,882 $327,121 $117,761
2015 $4,622 $438,201 $322,208 $115,993
2014 $4,243 $429,618 $315,897 $113,721
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Darcie Wenner

    Allan Real Estate Investments

  • Liz Anderson

    Buyer's Agent in 2017

    Liz Anderson

    Central Coast Premier Realty

    (805) 400-5543

    1 in this area

    23 Total Sales

    Liz Anderson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI17177186

California Regional Multiple Listing Service (CRMLS)

APN: 003-743-007

California San Luis Obispo County San Luis Obispo 93401 Higuera

548 Sandercock St, San Luis Obispo, CA

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