NOT LISTED FOR SALE

552 Ferro Ln Paso Robles, CA 93446

Estimated Value: $637,988 - $717,000

4 Beds
2 Baths
1,600 Sq Ft
$424/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $315,000 $197 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,892/month

83 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Evaporated cooling system
  • Paso Robles High School Rated A-
  • No HOA
  • Wall Furnace

About This Home

As of September 2017

Marketing Remarks: Well Maintained Duplex- Total Current Income $1800 Unit A $900 Unit B $900, below market rents. FHA financing.Seller will entertain all offers

Last Agent to Sell the Property

David Vartabedian

George Vartabedian, RE Broker License #01295316 Listed on: 05/30/2017

George Vartabedian, RE Broker

Last Buyer's Agent

Ryan Benson

Peak Properties License #01949307

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,001 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • 1,600 Sq Ft Home
  • Duplex
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 099342004

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: PR City Limits East(110)
  • View: No
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 099342004
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1600.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 196.88
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised, Slab
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5001.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Lopez Caleb A
Bought by
Lopez Caleb A and Caleb A Lopez Revocable Living
Current Estimated Value
$677,997

Purchase Details

Listed on
May 30, 2017
Closed on
Sep 20, 2017
Sold by
Lopez Beth V
Bought by
Lopez Caleb A
Seller's Agent
David Vartabedian
George Vartabedian, RE Broker
Buyer's Agent
Ryan Benson
Peak Properties
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$236,250
Outstanding Balance
$196,812
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$481,185

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 24, 2017
Sold by
Vartabedian George David and Vartabedian Inga A Tritt
Bought by
Lopez Caleb A
Seller's Agent
David Vartabedian
George Vartabedian, RE Broker
Buyer's Agent
Ryan Benson
Peak Properties
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Outstanding Balance
$196,812
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$481,185

Purchase Details

Closed on
Aug 22, 2005
Sold by
Vartabedian George David
Bought by
Vartabedian George David and Tritt Vartabedian Inga A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 23, 2004
Sold by
Tritt Vartabedian G and Tritt Vartabedian Inga A
Bought by
Vartabedian George David and Tritt Vartabedian Inga A

Purchase Details

Closed on
Oct 23, 2003
Sold by
Tomlinson Jeffery S and Tomlinson Caroline A
Bought by
Tritt Vartabedian G and Tritt Vartabedian Inga A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2003
Sold by
Tomlinson Jeffery S and Tomlinson Caroline A
Bought by
Tomlinson Jeffery S and Tomlinson Caroline A

Purchase Details

Closed on
Jun 26, 2000
Sold by
Estate Of Lillian M Keil
Bought by
Tomlinson Jeffery S and Tomlinson Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,961
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2000
Sold by
Moreno Manuel
Bought by
Estate Of Lillian M Keil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,961
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 1997
Sold by
Moreno Manuel and Burton Irrevocable Trust
Bought by
Moreno Manuel

Purchase Details

Closed on
May 5, 1997
Sold by
Keil Lillian and Burton Lillian Mae
Bought by
Burton Lillian Mae and Burton Irrevocable Trust

Purchase Details

Closed on
Oct 23, 1995
Sold by
Hud
Bought by
Pippin Bill F

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
7.67%

Purchase Details

Closed on
Sep 29, 1995
Sold by
Pippin Louise Marie
Bought by
Pippin Bill F

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
7.67%

Purchase Details

Closed on
Dec 12, 1994
Sold by
Hud
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Caleb A -- None Available
Lopez Caleb A -- First American Title Company
Lopez Caleb A $315,000 First American Title Company
Vartabedian George David -- Fidelity Title Company
Vartabedian George David $150,000 Fidelity Title Company
Vartabedian George David -- --
Tritt Vartabedian G $290,000 Fidelity Title Company
Tomlinson Jeffery S -- --
Tomlinson Jeffery S -- --
Tomlinson Jeffery S $118,500 Fidelity National Title Co
Estate Of Lillian M Keil -- --
Moreno Manuel -- --
Burton Lillian Mae -- --
Pippin Bill F -- First American Title Ins Co
Pippin Bill F -- First American Title Ins Co
Hud $136,601 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Caleb A $236,250
Previous Owner Vartabedian George David $300,000
Previous Owner Tritt Vartabedian G $232,000
Previous Owner Tomlinson Jeffery S $116,961
Previous Owner Pippin Bill F $60,000
Closed Tomlinson Jeffery S $7,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $315,000 -4.3% $197 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $329,000 -2.9% $206 / Sq Ft
05/30/2017 05/30/17 For Sale $339,000 -- $212 / 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 $3,907 $358,411 $170,671 $187,740
2024 $3,843 $351,384 $167,325 $184,059
2023 $3,843 $344,495 $164,045 $180,450
2022 $3,786 $337,741 $160,829 $176,912
2021 $3,721 $331,120 $157,676 $173,444
2020 $3,670 $327,726 $156,060 $171,666
2019 $3,618 $321,300 $153,000 $168,300
2018 $3,569 $315,000 $150,000 $165,000
2017 $3,861 $355,260 $165,379 $189,881
2016 $3,532 $325,000 $180,000 $145,000
2015 $2,913 $265,000 $125,000 $140,000
2014 $2,868 $210,000 $90,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS17119232

California Regional Multiple Listing Service (CRMLS)

APN: 009-342-004