Seller's Agent in 2021
Hal Sweasey
Keller Williams Realty Central Coast
(805) 781-3750
35 in this area
559 Total Sales
651 Buchon St San Luis Obispo, CA 93401
Downtown San Luis Obispo Neighborhood
5
Beds
3
Baths
1,675
Sq Ft
6,875
Sq Ft Lot
Highlights
- Property is near public transit
- High Ceiling
- No HOA
- Laguna Middle School Rated A
- Lawn
- 3-minute walk to Emerson Park
About This Home
As of April 2021Iconic location in downtown San Luis Obispo. Charming single level triplex built in the year 1900. Unit 1 is a two bedroom unit with 831 square feet; it rents for $1700 per month. Unit 2 is a two bedroom unit with 569 square feet; it rents for $1400 per month. Unit 3 is a one bedroom unit with 275 square feet; it rents for $850 per month. Lot size of 6875 square feet leaves plenty of room for enjoyable yard space. Common laundry alcove for tenants to share. Rare opportunity to invest in downtown SLO. All leases are thru the end of June 2019. Utilities paid by tenants 1/2 by Unit 1, 1/3 by Unit 2, 1/6 by Unit 3.
Last Agent to Sell the Property
Coast & County Brokers License #01359364 Listed on: 02/14/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,427
Year Built
- Built in 1900
Lot Details
- 6,875 Sq Ft Lot
- No Common Walls
- Landscaped
- Lawn
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Two Garage Doors
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 1,675 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Neighborhood Views
- Free-Standing Range
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Suburban Location
Utilities
- Zoned Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 003532003
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $47,400
- Net Operating Income $47,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2021
Closed on
Feb 16, 2021
Sold by
Boris Pilch Llc
Bought by
Wagner Elizabeth Ann and Wagner Paul Dean
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Carrie Kimmell
Atlas Real Estate & Investment
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,867
Avg. Annual Appreciation
6.73%
Original Mortgage
$701,500
Outstanding Balance
$636,920
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$827,474
Purchase Details
Closed on
Oct 1, 2019
Sold by
Pilch Boris
Bought by
Boris Pilch Llc
Purchase Details
Closed on
Jul 30, 2019
Sold by
Pilch Boris L and Pilch Mariann
Bought by
Pilch Boris I and The Boris Israel Pilch Living
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,675
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Feb 14, 2019
Closed on
Apr 15, 2019
Sold by
Boris Pilch Llc
Bought by
Pilch Boris
Seller's Agent
Cathy Francis
Coast & County Brokers
Buyer's Agent
Ryan Benson
Peak Properties
List Price
$875,000
Sold Price
$739,500
Premium/Discount to List
-$135,500
-15.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Purchase Details
Listed on
Feb 14, 2019
Closed on
Apr 5, 2019
Sold by
Baker Cathy Ann and Baker 1993 Family Trust
Bought by
Boris Pilch Llc
Seller's Agent
Cathy Francis
Coast & County Brokers
Buyer's Agent
Ryan Benson
Peak Properties
List Price
$875,000
Sold Price
$739,500
Premium/Discount to List
-$135,500
-15.49%
Purchase Details
Closed on
Dec 23, 2013
Sold by
Baker Dorene M and Trust A Of The Baker Family 19
Bought by
Baker Dorene M and Trust B Of The Baker Family 19
Purchase Details
Closed on
Apr 7, 2009
Sold by
Baker Dorene M and Baker Family 1993 Trust
Bought by
Baker Dorene M and Trust A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,100,000 | Fidelity National Title Co | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Title Connect Inc | |
| Grant Deed | -- | None Available | |
| Grant Deed | $739,500 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $701,500 | New Conventional | |
| Previous Owner | $480,675 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2021 04/02/21 | Sold | $1,100,000 | 0.0% | $657 / Sq Ft |
| 02/12/2021 02/12/21 | Pending | -- | -- | -- |
| 02/02/2021 02/02/21 | For Sale | $1,100,000 | +48.7% | $657 / Sq Ft |
| 04/08/2019 04/08/19 | Sold | $739,500 | -7.0% | $441 / Sq Ft |
| 03/23/2019 03/23/19 | Pending | -- | -- | -- |
| 03/21/2019 03/21/19 | Price Changed | $795,000 | -9.1% | $475 / Sq Ft |
| 02/14/2019 02/14/19 | For Sale | $875,000 | -- | $522 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,427 | $1,190,674 | $811,824 | $378,850 |
| 2024 | $13,193 | $1,167,328 | $795,906 | $371,422 |
| 2023 | $13,193 | $1,144,440 | $780,300 | $364,140 |
| 2022 | $12,380 | $1,122,000 | $765,000 | $357,000 |
| 2021 | $9,056 | $808,288 | $505,180 | $303,108 |
| 2020 | $8,476 | $754,290 | $459,000 | $295,290 |
| 2019 | $3,166 | $253,604 | $158,504 | $95,100 |
| 2018 | $3,113 | $248,633 | $155,397 | $93,236 |
| 2017 | $3,048 | $243,758 | $152,350 | $91,408 |
| 2016 | $2,864 | $238,979 | $149,363 | $89,616 |
| 2015 | $2,523 | $235,390 | $147,120 | $88,270 |
| 2014 | $2,468 | $230,780 | $144,239 | $86,541 |
Source: Public Records
Agents Affiliated with this Home
-
Hal Sweasey
-
C
Buyer's Agent in 2021
Carrie Kimmell
Atlas Real Estate & Investment
-
Cathy Francis
Seller's Agent in 2019
Cathy Francis
Coast & County Brokers
(805) 544-8662
29 Total Sales
-
Ryan Benson
Buyer's Agent in 2019
Ryan Benson
Peak Properties
(805) 550-1980
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SP19027959
APN: 003-532-003
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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