NOT LISTED FOR SALE

5525 Capistrano Ave Unit 40 Atascadero, CA 93422

Estimated Value: $288,528 - $332,000

1 Bed
1 Bath
640 Sq Ft
$200/mo HOA Fee

Last Sold November 12, 2021

Last sale price $249,000 $389 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,116/month

86 Days on Market

Highlights

  • Neighborhood Views
  • Patio
  • Laundry Room
  • Bathtub with Shower
  • Resident Manager or Management On Site
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Great opportunity for investors. This Oak Glen Condominium offers 640± sq. ft. of living space on the upper level. There is 1 bedroom & 1 full bathroom. Nice size living room. Very close to shopping. Big patio in the front. Pantry and front entry closet. Dining area chandelier and fan/light combo in living room. Carpet & laminate flooring. Ceramic tile counter tops. Don't delay; this condo will sell rapidly.

Last Agent to Sell the Property

Heather Desmond

Home & Ranch Sotheby's Intl License #01382083 Listed on: 07/17/2021

Home & Ranch Sotheby's Intl

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1977

Lot Details

  • Two or More Common Walls
  • Wood Fence

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 640 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 029101060

Community Details

Overview

  • Master Insurance
  • 44 Units
  • Glen Oak HOA, Phone Number (805) 466-6275
  • Mark IV Systems Inc HOA
  • Atnortheast Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,458

Year Built

Built in 1977

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: ATNortheast(10)
  • View: Yes
  • Zoning: MF10
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 029101060
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 640.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Two
  • Price Per Square Foot: 389.06
  • Room Type: All Bedrooms Up
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco, Wood Siding

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Management
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Glen Oak HOA
  • Phone: 805-466-6275
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Mark IV Systems Inc

Schools

  • School District: Atascadero Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 640.00
  • Lot Size Acres: 0.0147

Multi Family

  • Lease Considered: No
  • Lot Size Area: 640.0000 Square Feet
  • Number Of Units In Community: 44
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 125.02
  • Tax Lot: 1
  • Tax Tract Number: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Oct 15, 2021
Sold by
Bohanon Thomas M and Hewitt Diane A
Bought by
Kramer Devon
Seller's Agent
Heather Desmond
Home & Ranch Sotheby's Intl
List Price
$280,000
Sold Price
$249,000
Premium/Discount to List
-$31,000
-11.07%
Current Estimated Value
$307,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,132
Avg. Annual Appreciation
5.54%
Original Mortgage
$224,100
Outstanding Balance
$204,975
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$102,157

Purchase Details

Listed on
May 10, 2012
Closed on
Oct 2, 2012
Sold by
Leininger Larry L
Bought by
Bohanon Thomas M and Hewitt Diane A
Seller's Agent
Greg Malik
Malik Real Estate Group, Inc.
Buyer's Agent
Heather Desmond
Home & Ranch Sotheby's Intl
List Price
$75,000
Sold Price
$67,000
Premium/Discount to List
-$8,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%

Purchase Details

Closed on
Oct 17, 2007
Sold by
Henderson Donald R and Henderson Louise M
Bought by
Leininger Larry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 7, 2004
Sold by
Blount Lindsay H
Bought by
Henderson Donald R and Henderson Louise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Abate Mark Steven and Blount Lindsay H
Bought by
Blount Lindsay H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1994
Sold by
Professional Foreclosure Corp
Bought by
State Street Bank & Trust Company
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
Kramer Devon $249,000 Fidelity National Title Co
Bohanon Thomas M $67,000 Fidelity National Title Co
Leininger Larry L $168,000 United General Title Ins Co
Henderson Donald R $305,000 First American Title Company
Blount Lindsay H -- First American Title Company
State Street Bank & Trust Company $30,400 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Devon $224,100
Previous Owner Leininger Larry L $134,400
Previous Owner Henderson Donald R $105,000
Previous Owner Blount Lindsay H $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $249,000 0.0% $389 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $249,000 -11.1% $389 / Sq Ft
09/29/2021 09/29/21 For Sale $280,000 0.0% $438 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $280,000 +317.9% $438 / Sq Ft
10/30/2012 10/30/12 Sold $67,000 -10.7% $105 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $75,000 -- $117 / 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 $3,458 $264,239 $159,181 $105,058
2024 $3,457 $259,059 $156,060 $102,999
2023 $3,457 $253,980 $153,000 $100,980
2022 $3,329 $249,000 $150,000 $99,000
2021 $1,280 $76,212 $45,501 $30,711
2020 $1,206 $75,432 $45,035 $30,397
2019 $1,129 $73,953 $44,152 $29,801
2018 $1,072 $72,504 $43,287 $29,217
2017 $1,055 $71,084 $42,439 $28,645
2016 $1,040 $69,691 $41,607 $28,084
2015 $1,027 $68,646 $40,983 $27,663
2014 $960 $67,303 $40,181 $27,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS21156990

California Regional Multiple Listing Service (CRMLS)

APN: 029-101-060