NOT LISTED FOR SALE

5675 Iron Gate Rd Paso Robles, CA 93446

Estimated Value: $1,891,000 - $2,261,000

5 Beds
3.5 Baths
4,410 Sq Ft
$469/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $1,575,000 $357 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,485/month

21 Days on Market

Highlights

  • Attached Guest House
  • Horse Property
  • Panoramic View
  • Santa Margarita Elementary School Rated A-
  • Spa
  • Gated Community

About This Home

As of October 2021

This beautiful Spanish-style ranch home sits on top of 20 acres of rolling hills with a producing high-quality vineyard on 15 of the acres. The home is located in the prestigious gated community of Creston Hills Ranch. The vineyard consists of 2 varietals, Cabernet Sauvignon and Merlot. The 4400 sq. ft. home has 4 bedrooms, 2 1/2 baths, and a 3-car garage. The home also has a guest suite with its own separate entrance, 1 bedroom, family room, kitchen, and bath plus a balcony overlooking the vineyard. This property offers amazing panoramic views and gorgeous sunsets. The floorplan makes you feel welcome and at home. Step down to the gracious living room with a stone fireplace, vaulted ceiling and lovely views of the vineyard. The master suite has a vaulted ceiling, a tile fireplace, an outside patio with spa, plus a grand master bath with a Jacuzzi tub. The spacious open kitchen and eating area has a butler’s pantry/utility room. The home's floorplan has a split-wing design with 3 ground floor bedrooms on one side and a GREAT room on the other. The home and backyard is ideal for entertaining family and friends with its expansive patios enjoying forever views! Come and enjoy wine country at its BEST!

Last Agent to Sell the Property

Darla Stephenson

BHGRE Haven Properties License #01353669 Listed on: 08/07/2021

BHGRE Haven Properties

Last Buyer's Agent

Wayne Lewis

RE/MAX Success License #01415985

RE/MAX Success

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 20.34 Acre Lot
  • Rural Setting
  • Density is 16-20 Units/Acre
  • Property is zoned AG

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Property Views

  • Panoramic
  • Vineyard
  • Mountain

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 4,410 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Walk-In Pantry
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Multi-Level Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Horse Property
  • Covered Patio or Porch

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 043061005

Community Details

Overview

  • Creston Hills Association

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: Creston Hills
  • View: Yes
  • Zoning: AG
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 043061005
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4410.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 357.14
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Multi-Level Bedroom, Utility Room, Walk-In Pantry
  • Spa Features: Private
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Tile Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Attached
  • View: Mountain(s), Panoramic, Vineyard
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Slab
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 2000.00
  • Association Fee Frequency: Annually
  • Association Name: Creston Hills
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Rural
  • Association Management: unknow

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Horse Property
  • Lot Size Sq Ft: 886010.00
  • Lot Size Acres: 20.3400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 886010.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 101.02
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Sep 15, 2021
Sold by
Rosen Lynn and Alvin Rosen And Lynn Rosen Tru
Bought by
Katz Elena R and Elena R Katz Revocable Trust
Seller's Agent
Darla Stephenson
BHGRE Haven Properties
Buyer's Agent
Wayne Lewis
RE/MAX Success
List Price
$1,675,000
Sold Price
$1,575,000
Premium/Discount to List
-$100,000
-5.97%
Current Estimated Value
$2,066,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,744
Avg. Annual Appreciation
6.65%
Original Mortgage
$260,000
Outstanding Balance
$236,581
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,830,163

Purchase Details

Closed on
Nov 10, 2004
Sold by
Schneider William H and Schneider Judith A
Bought by
Rosen Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 1994
Sold by
M J Holland Inc
Bought by
Schneider William H and Schneider Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.38%
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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Purchase History

Date Buyer Sale Price Title Company
Katz Elena R $1,575,000 Placer Title Company
Rosen Alvin -- Fidelity Title Company
Schneider William H $515,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Elena R $260,000
Previous Owner Rosen Alvin $944,000
Previous Owner Schneider William H $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $1,575,000 -6.0% $357 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $1,675,000 -- $380 / 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 $18,131 $1,671,401 $636,724 $1,034,677
2024 $18,121 $1,638,630 $624,240 $1,014,390
2023 $18,121 $1,606,500 $612,000 $994,500
2022 $17,895 $1,575,000 $600,000 $975,000
2021 $17,342 $1,519,548 $579,487 $940,061
2020 $17,165 $1,503,968 $573,546 $930,422
2019 $16,828 $1,474,479 $562,300 $912,179
2018 $16,498 $1,445,569 $551,275 $894,294
2017 $16,175 $1,417,225 $540,466 $876,759
2016 $15,857 $1,389,437 $529,869 $859,568
2015 $15,615 $1,368,567 $521,910 $846,657
2014 $14,263 $1,341,760 $511,687 $830,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS21173227

California Regional Multiple Listing Service (CRMLS)

APN: 043-061-005