$630,000
SOLD APR 8, 2025

622 5th St Paso Robles, CA 93446

4 Beds
3 Baths
1,980 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$318 Per Sq Ft

17% Below List Price

78 Days on Market

Highlights

  • Up Slope from Street
  • Laundry Room
  • 1-Story Property
  • Paso Robles High School Rated A-

About This Home

As of April 2025

Rare duplex for sale within walking distance to the downtown heart of Paso Robles. Each unit has its own yard and garage. Rear unit B is a two bedroom two bath unit. Front unit A is a two bedroom one bath unit. Updating includes some tile in the kitchen and bath, forced Heat and Air. Separate electric and gas meters. Bring offers! Both units are tenant occupied, please do not disturb tenants.

Last Agent to Sell the Property

Mitch Culver

RE/MAX Parkside Real Estate Brokerage Phone: 805-459-8020 License #00892595 Listed on: 11/19/2024

RE/MAX Parkside Real Estate

Co-Listed By

Jamie Kelton

RE/MAX Parkside Real Estate Brokerage Phone: 805-459-8020 License #01900705

Last Buyer's Agent

Jennifer Kennedy

Home & Ranch Sotheby's Intl License #02093802

Home & Ranch Sotheby's Intl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,935

Year Built

  • Built in 1980

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Up Slope from Street
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Assessor Parcel Number 009258011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,032
  • Trash Expense $1,556
  • Water Sewer Expense $2,900
  • Operating Expense $5,488
  • Gross Income $44,880
  • Net Operating Income $39,517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,935

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 379500
  • Property Attached: Yes
  • Water Sewer Expenses: 2900.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 009258011
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 318.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1556.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44880.00
  • Gross Scheduled Income: 44880.00
  • Insurance Expense: 1032.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 39517.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 5363.00
  • Rent Control: No
  • Total Expenses: 5488.00

Tax Info

  • Tax Census Tract: 101.03
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Feb 27, 2025
Sold by
Musante Margaret
Bought by
Wolff Kenneth E and Wolff Ruby C
Seller's Agent
Mitch Culver
RE/MAX Parkside Real Estate
Buyer's Agent
Jennifer Kennedy
Home & Ranch Sotheby's Intl
List Price
$759,000
Sold Price
$630,000
Premium/Discount to List
-$129,000
-17%
Views
64
Current Estimated Value
$632,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,256
Avg. Annual Appreciation
0.73%

Purchase Details

Closed on
Aug 14, 2018
Sold by
Musante Peter and Musante Margaret
Bought by
Musante Peter and Mudsante Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2016
Sold by
Mandala Ybaben Diane M
Bought by
Musante Family Trust and Musante Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $630,000 Placer Title
Grant Deed -- Chicago Title Co
Grant Deed $460,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,000 Commercial
Previous Owner $120,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2025 04/08/25 Sold $630,000 -17.0% $318 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
01/18/2025 01/18/25 For Sale $759,000 0.0% $383 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $759,000 -4.5% $383 / Sq Ft
11/19/2024 11/19/24 For Sale $795,000 -- $402 / 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 $5,935 $544,539 $236,756 $307,783
2024 $5,838 $533,863 $232,114 $301,749
2023 $5,838 $523,396 $227,563 $295,833
2022 $5,752 $513,134 $223,101 $290,033
2021 $5,653 $503,074 $218,727 $284,347
2020 $5,577 $497,917 $216,485 $281,432
2019 $5,498 $488,155 $212,241 $275,914
2018 $5,423 $478,584 $208,080 $270,504
2017 $5,099 $469,200 $204,000 $265,200
2016 $2,489 $229,033 $71,322 $157,711
2015 $2,480 $225,594 $70,251 $155,343
2014 $2,394 $221,176 $68,875 $152,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS24235956

California Regional Multiple Listing Service (CRMLS)

APN: 009-258-011