NOT LISTED FOR SALE

657 Cerro Romauldo Ave San Luis Obispo, CA 93405

Highland Neighborhood

Estimated Value: $1,453,000 - $1,606,000

3 Beds
2 Baths
2,533 Sq Ft
$609/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,172,500 $463 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,214/month

116 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Hiking Trails
  • Bishop's Peak Elementary School Rated A
  • No HOA
  • 2-minute walk to Throop Park

About This Home

As of March 2021

Incredible opportunity to for either a home owner or investor. Home consistently generates $6,000 of income. Prior to recently becoming a rental, the original 1930's farmhouse was a longtime family home adorned with many custom features such as 6 burner / 2 oven Wolf range, copper sinks, wood paneled refrigerator/freezer, wood burning fireplace insert, hardwood garage door and Oak flooring throughout the home. A permitted solarium adds an additional 150 sq ft. to the home. Established draught tolerant low maintenance landscape featuring a fountain, multiple fruit bearing trees and a wood burning piazza oven.

Located directly across the street from Pacheco Elementary School and 0.25 mi walk to Cal Poly.

Last Agent to Sell the Property

Levi Seligman

Acquire Mortgage & Real Estate License #01936432 Listed on: 10/22/2020

Co-Listed By

Daniel Dal Porto

Acquire Mortgage & Real Estate License #01841866

Last Buyer's Agent

Jed Damschroder

The Avenue Central Coast Realty, Inc. License #01886306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,674

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 2,533 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 966
  • Assessor Parcel Number 052032058

Community Details

Overview

  • No Home Owners Association
  • San Luis Obispo Subdivision
  • Foothills

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,674

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 052032058
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2533.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Stove Insert
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 462.89
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Hiking, Park, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000
  • Latitude Manual: 35.29526000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 112.00
  • Tax Lot: 1
  • Tax Tract Number: 966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2021
Sold by
Leva Arielle and Leva Darren
Bought by
Leva Darren and Leva Arielle
Current Estimated Value
$1,542,568

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 26, 2021
Sold by
Israel Thomas R and Israel Kaye Michelle
Bought by
Leva Arielle and Leva Darren
Seller's Agent
Levi Seligman
Acquire Mortgage & Real Estate
Buyer's Agent
Jed Damschroder
The Avenue Central Coast Realty, Inc.
List Price
$1,225,000
Sold Price
$1,172,500
Premium/Discount to List
-$52,500
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$938,000
Outstanding Balance
$842,269
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$700,299

Purchase Details

Closed on
Aug 2, 2018
Sold by
Israel Thomas R and Israel Kaye Michelle
Bought by
Israel Thomas R and Israel Kaye Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Israel Richard B and Israel Billie A
Bought by
Israel Thomas R and Israel Kaye Michelle Gill

Purchase Details

Closed on
Jul 26, 2001
Sold by
Israel Thomas R and Israel Kaye Michelle Gill
Bought by
Israel Thomas R and Israel Kaye Michelle Gill

Purchase Details

Closed on
May 24, 2001
Sold by
Israel Richard B and Israel Billie Ann
Bought by
Israel Richard B and Israel Billie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Leva Darren -- None Available
Leva Arielle $1,172,500 First American Title Company
Israel Thomas R -- First American Title
Israel Thomas R -- None Available
Israel Thomas R -- --
Israel Richard B -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leva Arielle $938,000
Previous Owner Israel Thomas R $453,100
Previous Owner Israel Richard B $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $1,172,500 -1.9% $463 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/11/2021 02/11/21 Price Changed $1,195,000 -2.4% $472 / Sq Ft
11/12/2020 11/12/20 For Sale $1,225,000 0.0% $484 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $1,225,000 -- $484 / 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 $13,674 $1,269,149 $649,458 $619,691
2024 $13,425 $1,244,265 $636,724 $607,541
2023 $13,425 $1,219,869 $624,240 $595,629
2022 $12,582 $1,195,950 $612,000 $583,950
2021 $3,933 $370,277 $93,809 $276,468
2020 $3,893 $366,482 $92,848 $273,634
2019 $3,778 $359,297 $91,028 $268,269
2018 $3,702 $352,253 $89,244 $263,009
2017 $3,628 $345,347 $87,495 $257,852
2016 $3,555 $338,577 $85,780 $252,797
2015 $3,500 $333,492 $84,492 $249,000
2014 $3,212 $326,960 $82,837 $244,123
Source: Public Records

Agents Affiliated with this Home

  • Levi Seligman

    Seller's Agent in 2021

    Levi Seligman

    Acquire Mortgage & Real Estate

    (760) 402-0555

    2 in this area

    42 Total Sales

    Levi Seligman
    Section Image
  • Daniel Dal Porto

    Seller Co-Listing Agent in 2021

    Daniel Dal Porto

    Acquire Mortgage & Real Estate

    (805) 748-5817

    1 in this area

    37 Total Sales

    Daniel Dal Porto
    Section Image
  • Jed Damschroder

    Buyer's Agent in 2021

    Jed Damschroder

    The Avenue Central Coast Realty, Inc.

    (805) 550-7960

    3 in this area

    75 Total Sales

    Jed Damschroder
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20222454

California Regional Multiple Listing Service (CRMLS)

APN: 052-032-058

California San Luis Obispo County San Luis Obispo 93405 Highland

657 Cerro Romauldo Ave, San Luis Obispo, CA

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California Regional Multiple Listing Service (CRMLS) 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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