NOT LISTED FOR SALE

Estimated Value: $748,000 - $933,000

2 Beds
2 Baths
812 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $390,100 $480 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,739/month

59 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Loft
  • Coast Union High School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2014

Rare find, 5 level lots on top of Park Hill, with ocean view. This small rustic cabin could be made into the perfect weekend getaway spot! Wood floors, wood burning fireplace and ocean views offered for a very low investment. Level ocean view lots in this area are a rare find, and these 5 are connected to allow lots of room for RV, boat or other toys. Also has detached 3 car garage for storage. With some love and care this could be made into a cozy hideaway or remodel to have the home of your dreams on large level yard! Don't hesitate to offer on this beautiful diamond in the rough. Seller is related to listing agent.

Last Agent to Sell the Property

Sher Heard

Comfort Real Estate Services License #00898069 Listed on: 02/14/2014

Last Buyer's Agent

Renee Capen

San Luis Bay Realty License #01740024

San Luis Bay Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 8,468 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Hills

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 812 Sq Ft Home
  • Wood Burning Fireplace
  • Loft
  • Wood Flooring

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 022242029

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

Parking

3

Listing Details

  • Subdivision Name Other: Park Hill(460)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 022242029
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 812.00
  • Flooring: Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Levels: Two
  • Price Per Square Foot: 480.42
  • Room Type: Loft, Main Floor Master Bedroom

Exterior Features

  • Foundation: Raised
  • View: Hills, Ocean
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 8468.00
  • Lot Size Acres: 0.1940

Multi Family

  • Lot Size Area: 8468.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
May 2, 2014
Sold by
Heard Melvin J and Heard Dolly Lee
Bought by
Brown Jayne H
Seller's Agent
Sher Heard
Comfort Real Estate Services
Buyer's Agent
Renee Capen
San Luis Bay Realty
List Price
$425,000
Sold Price
$390,100
Premium/Discount to List
-$34,900
-8.21%
Current Estimated Value
$822,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,235
Avg. Annual Appreciation
6.66%
Original Mortgage
$400,000
Outstanding Balance
$304,161
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,174

Purchase Details

Closed on
Sep 8, 2008
Sold by
Powell Niles T and Powell Lynda S
Bought by
Heard Melvin J and Heard Dolly Lee

Purchase Details

Closed on
Dec 8, 2006
Sold by
Bunton John and Bunton Vanina
Bought by
Powell Niles T and Powell Lynda S

Purchase Details

Closed on
Mar 11, 2003
Sold by
Bunton Corrine
Bought by
Bunton Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.43%

Purchase Details

Closed on
May 22, 1996
Sold by
Emert Alberto M and Emert Charlotte A
Bought by
Emert Alberto M and Emert Charlotte A

Purchase Details

Closed on
Jan 24, 1995
Sold by
Emert Alberto M
Bought by
Emert Alberto M and Emert Charlotte A
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
Brown Jayne H $390,500 First American Title Company
Heard Melvin J $570,000 First American Title Company
Powell Niles T $629,000 Chicago Title Co
Bunton Joseph -- First American Title Company
Bunton Joseph $430,000 First American Title Company
Emert Alberto M -- --
Emert Alberto M -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jayne H $400,000
Previous Owner Bunton Joseph $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Sold $390,100 -8.2% $480 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $425,000 -- $523 / 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 $5,268 $478,199 $429,047 $49,152
2024 $5,177 $468,824 $420,635 $48,189
2023 $5,177 $459,633 $412,388 $47,245
2022 $5,075 $450,621 $404,302 $46,319
2021 $4,997 $441,786 $396,375 $45,411
2020 $4,938 $437,257 $392,311 $44,946
2019 $4,844 $428,684 $384,619 $44,065
2018 $4,749 $420,279 $377,078 $43,201
2017 $4,653 $412,039 $369,685 $42,354
2016 $4,563 $403,961 $362,437 $41,524
2015 $4,499 $397,894 $356,993 $40,901
2014 $4,928 $446,000 $370,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1041119

California Regional Multiple Listing Service (CRMLS)

APN: 022-242-029