NOT LISTED FOR SALE

5495 Parkhill Rd Santa Margarita, CA 93453

Estimated Value: $503,000 - $657,854

1 Bed
1 Bath
950 Sq Ft
$613/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $300,000 $316 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,391/month

36 Days on Market

Highlights

  • Horse Property Unimproved
  • Panoramic View
  • Loft
  • Art Studio
  • 1,627,837 Sq Ft lot
  • No HOA

About This Home

As of August 2018

Amazing views from this almost 40 acres in Santa Margarita. This property is only 20 minutes from downtown San Luis Obispo. Enjoy Nightly views of the Milky Way, and vista views that go all the way to Monterey! The property has a mountain straw bale house. The house is powered by solar and wind, the batteries are less than a year old, and the roof is new on the back section of the house. There is also a Pacific Yurt, plus a storage structure, (down a path). There is not a working well on the property. Seller gets water delivered to a large water tank which is approx. $180 per 2,500 gallons. There is a dirt road to another area on the property that could be a separate building site. The deck around the house overlooks canyons, and coastal ranges. The ultimate in peace, privacy and space. This property is located close to BLM land, lots of wildlife here. Owner will carry with $100,000 down, terms are negotiable, you must have good credit. There are a lot of paths on this property perfect for hiking, horse back riding, or riding a quad. Santa Margarita Lake is nearby for fishing, and boating. The town of Santa Margarita is like a step back in time, with a few popular restaurants only 10 minutes away. This property contains two A.P.N.'s 070-156-021.

Last Agent to Sell the Property

Kathryn Birkhahn

Platinum Properties License #00915832 Listed on: 06/02/2018

Last Buyer's Agent

Kathryn Birkhahn

Platinum Properties License #00915832 Listed on: 06/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,524

Year Built

  • Built in 2004

Lot Details

  • 37.37 Acre Lot
  • Density is 36-40 Units/Acre
  • Value in Land

Property Views

  • Panoramic
  • Mountain

Interior Spaces

  • 950 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Loft
  • Art Studio
  • Vinyl Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Water Not Available
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 070156018

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community
  • Valley

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,524

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Santa Margarita rural
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 070156018
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 950.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 315.79
  • Room Type: Art Studio, Kitchen, Loft

Exterior Features

  • View: Mountain(s), Panoramic
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous, Valley

Schools

  • School District: Atascadero Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Horse Property Unimproved, Value In Land
  • Lot Size Sq Ft: 1627837.00

Multi Family

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

Tax Info

  • Tax Census Tract: 127.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Aug 14, 2018
Sold by
Adams Richard T and Adams April
Bought by
Fitsimmons Jason R and Fitsimmons Olivia A
Seller's Agent
Kathryn Birkhahn
Platinum Properties
Buyer's Agent
Kathryn Birkhahn
Platinum Properties
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$568,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,330
Original Mortgage
$260,000
Outstanding Balance
$231,312
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jan 15, 2015
Sold by
Krever Joanne Vega
Bought by
Adams Richard T and Adams April
Seller's Agent
Kathryn Birkhahn
Platinum Properties
Buyer's Agent
Kathryn Birkhahn
Platinum Properties
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Fall Yvonne Gina
Bought by
Fall D Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.06%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Krever Eric
Bought by
Krever Joanne Vega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.06%
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
Fitsimmons Jason R $300,000 First American Titel Co
Adams Richard T $290,000 Fidelity National Title Co
Fall D Christopher -- First American Title Ins Co
Krever Joanne Vega -- First American Title Ins Co
Krever Joanne Vega -- First American Title Ins Co
Krever Joanne Vega $55,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzsimmons Jason R $158,000
Open Fitsimmons Jason R $260,000
Previous Owner Krever Joanne Vega $54,000
Previous Owner Krever Joanne Vega $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $300,000 -7.7% $316 / Sq Ft
06/21/2018 06/21/18 Price Changed $325,000 -7.1% $342 / Sq Ft
06/02/2018 06/02/18 For Sale $350,000 +20.7% $368 / Sq Ft
01/22/2015 01/22/15 Sold $290,000 -10.8% $242 / Sq Ft
01/04/2015 01/04/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $325,000 -- $271 / 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 $3,524 $323,496 $223,101 $100,395
2024 $3,523 $317,154 $218,727 $98,427
2023 $3,523 $310,937 $214,439 $96,498
2022 $3,479 $304,841 $210,235 $94,606
2021 $3,411 $298,864 $206,113 $92,751
2020 $3,376 $295,800 $204,000 $91,800
2019 $3,310 $290,000 $200,000 $90,000
2018 $3,315 $290,471 $211,253 $79,218
2017 $3,250 $284,776 $207,111 $77,665
2016 $3,186 $279,193 $203,050 $76,143
2015 $1,290 $120,035 $67,615 $52,420
2014 $1,177 $117,685 $66,291 $51,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS18131622

California Regional Multiple Listing Service (CRMLS)

APN: 070-156-018