NOT LISTED FOR SALE

Estimated Value: $637,000 - $657,434

2 Beds
2 Baths
1,025 Sq Ft
$325/mo HOA Fee

Last Sold March 08, 2021

Last sale price $510,000 $498 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,318/month

64 Days on Market

Highlights

  • Mountain View
  • Community Pool
  • Laundry Room
  • Bishop's Peak Elementary School Rated A
  • Living Room
  • 4-minute walk to Santa Rosa Park

About This Home

As of March 2021

Amazing opportunity to own a recently updated 2 bedroom, 2 bath condo that is very close to Cal Poly and perfect for the Cal Poly parent or investor. This condo is located in an excellent part of the complex just across from the pool and has been completely updated. The owner recently installed new tile floors, refinished the cabinets, installed new counters in the kitchen and bathrooms. New appliances were also installed, additional LED lighting, new sinks, faucets, toilets. These condos were designed to easily house 4 people with spacious bedrooms and 2 full bathrooms. This condo also has 2 reserved parking spaces with an option to purchase a parking permit for 1 more space during the fall, but since its so close to campus, most students prefer to walk anyways. This unit is currently rented out for $3000 per month through June 30th 2021 and has been rented at that rate for the past 4 years providing an excellent ROI in a high demand area.

Last Agent to Sell the Property

Clint Nunes

Triad Real Estate Group License #01954616 Listed on: 12/13/2020

Last Buyer's Agent

Alicia Bartlett

RE/MAX Parkside Real Estate License #01172766

RE/MAX Parkside Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,014

Year Built

  • Built in 1985

Lot Details

  • Two or More Common Walls
  • Density is 21-25 Units/Acre

HOA Fees

  • $325 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Tile Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 998
  • Assessor Parcel Number 052183003

Community Details

Overview

  • 76 Units
  • Cedar Creek Association, Phone Number (805) 543-2636
  • Farrel Smyth HOA
  • San Luis Obispo Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,014

Year Built

Built in 1985

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 052183003
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1025.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 497.56
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Mountain(s), Pool
  • Pool Features: Association
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Cedar Creek
  • Phone: 805 543-2636
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Farrel Smyth

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 1025.00
  • Lot Size Acres: 0.0235

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1025.0000 Square Feet
  • Number Of Units In Community: 76
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 109.02
  • Tax Lot: 1
  • Tax Tract Number: 998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2020
Closed on
Feb 23, 2021
Sold by
Hoehn Ricky A and Hoehn Robin L
Bought by
Hershberger Jon Darin and Ramirez Jamie
Seller's Agent
Clint Nunes
Triad Real Estate Group
Buyer's Agent
Alicia Bartlett
RE/MAX Parkside Real Estate
List Price
$510,000
Sold Price
$510,000
Current Estimated Value
$645,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,859
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 18, 2016
Sold by
Morris Thomas William and Morris Nancy Ann
Bought by
The Hoehn Family Trust and Hoehn Robin L
Seller's Agent
Al Graziani
RE/MAX Success
Buyer's Agent
Clint Nunes
Triad Real Estate Group
List Price
$389,900
Sold Price
$392,000
Premium/Discount to List
$2,100
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Nov 28, 2012
Sold by
Morris Thomas W and Morris Nancy A
Bought by
Morris Thomas William and Morris Nancy Ann

Purchase Details

Closed on
Apr 17, 2007
Sold by
Navidi Sam Sasan and Navidi Cheryl T
Bought by
Morris Thomas W and Morris Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2005
Sold by
Navidi Sam Sasan and Navidi Cheryl T
Bought by
Navidi Sam Sasan and Navidi Cheryl T

Purchase Details

Closed on
Mar 23, 2004
Sold by
Mann Allan S and Mann Sally F
Bought by
Navidi Sam and Navidi Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2004
Sold by
Mann Allan S and Mann Sally F
Bought by
Mann Allan S and Mann Sally F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
5.25%
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 Buyer Sale Price Title Company
Hershberger Jon Darin $510,000 Fidelity National Title Co
The Hoehn Family Trust $392,000 Fidelity National Title Co
Morris Thomas William -- None Available
Morris Thomas W $399,000 Fidelity National Title Co
Navidi Sam Sasan -- --
Navidi Sam $296,500 Fidelity Title Company
Mann Allan S -- Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Thomas W $279,424
Previous Owner Morris Thomas W $299,000
Previous Owner Navidi Sam $236,800
Closed Navidi Sam $29,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $510,000 0.0% $498 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $510,000 0.0% $498 / Sq Ft
12/28/2020 12/28/20 Off Market $510,000 -- --
12/13/2020 12/13/20 For Sale $510,000 +30.1% $498 / Sq Ft
04/05/2016 04/05/16 Sold $392,000 +0.5% $382 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $389,900 -- $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 $6,014 $552,039 $324,729 $227,310
2024 $5,906 $541,215 $318,362 $222,853
2023 $5,906 $530,604 $312,120 $218,484
2022 $5,536 $520,200 $306,000 $214,200
2021 $4,583 $428,705 $246,069 $182,636
2020 $4,536 $424,310 $243,546 $180,764
2019 $4,488 $415,991 $238,771 $177,220
2018 $4,401 $407,836 $234,090 $173,746
2017 $4,314 $399,840 $229,500 $170,340
2016 $3,827 $354,000 $195,000 $159,000
2015 $3,451 $319,000 $175,000 $144,000
2014 $2,983 $294,000 $160,000 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20256700

California Regional Multiple Listing Service (CRMLS)

APN: 052-183-003