NOT LISTED FOR SALE

708 Experimental Station Rd Paso Robles, CA 93446

Estimated Value: $666,000 - $745,000

4 Beds
3 Baths
1,100 Sq Ft
$641/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $5,805,000 $5,277 Per Sq Ft

Current estimated payment $4,451/month

28 Days on Market

Highlights

  • New Construction
  • 12.5 Acre Lot
  • Level Lot
  • Paso Robles High School Rated A-
  • Laundry Room

About This Home

As of October 2016

Marketing Remarks: The Buena Vista Apartment Development Project is designed as a 142-unit rental property situated on approximately 12.5 acres in Paso Robles, CA. The property is located adjacent to Highway 46, just east of downtown, in an area of newer single family homes. There has not been a new apartment development in Paso Robles in nearly 10 years and most of these existing properties have tenant waiting lists. In addition to being the newest property in the area, Buena Vista Apartments will offer contemporary features that will allow it to be the most superior rental property on the market.

Last Agent to Sell the Property

Marty Indvik

Martin Indvik-Broker License #00961882 Listed on: 03/09/2016

Martin Indvik-Broker

Last Buyer's Agent

Marty Indvik

Martin Indvik-Broker License #00961882 Listed on: 03/09/2016

Martin Indvik-Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,325

Lot Details

  • 12.5 Acre Lot
  • Level Lot

Parking

  • Parking Available

Home Design

  • 1,100 Sq Ft Home
  • New Construction

Laundry

  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 025541021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,325

Lot Details

0

Listing Details

  • Subdivision Name Other: PR Airport Area(130)
  • Zoning: R3
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 025541021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 5277.27

Garage/Parking

  • Parking: Yes

Utilities

  • Laundry: Yes

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 544500.00
  • Lot Size Acres: 12.5000

Multi Family

  • Lot Size Area: 12.5000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Deoetting Elma Morales and Perez Elma Morales
Bought by
Perez Elma Morales
Current Estimated Value
$704,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$125,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$550,016

Purchase Details

Closed on
Oct 28, 2020
Sold by
Oetting Wil Charles
Bought by
Deoetting Elma Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2020
Sold by
Naghsh Solmaz
Bought by
Deoetting Elma Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2016
Sold by
The Cove At River Oaks Llc
Bought by
Naghsh Solmaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
3.73%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 15, 2012
Sold by
Arjun Holdings L P
Bought by
Arjun Buena Vista Properties Llc

Purchase Details

Closed on
Jan 12, 2011
Sold by
Esrbr293 Llc
Bought by
Arjun Holdings L P

Purchase Details

Closed on
Mar 29, 2007
Sold by
Alan Little Custom Homes Inc
Bought by
Esrbr293 Llc

Purchase Details

Closed on
Oct 28, 2004
Sold by
Felgenhauer Jerry L and Felgenhauer Kim L
Bought by
Mora Lawrence Michael and Mora Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2002
Sold by
Mora Lawrence Michael
Bought by
Mora Lawrence Michael and Mora Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1998
Sold by
Potter Maynard L and Potter Rebecca L
Bought by
Mora Lawrence Michael and Mora Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 1995
Sold by
Potter Maynard L and Potter Rebecca L
Bought by
Mora Lawrence Michael
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
Perez Elma Morales -- Fidelity National Title
Deoetting Elma Morales -- First American Title
Deoetting Elma Morales $480,000 First American Title
Naghsh Solmaz $375,500 First American Title Company
Arjun Buena Vista Properties Llc -- None Available
Arjun Holdings L P $500,000 First American Title Company
Esrbr293 Llc $4,889,936 None Available
Mora Lawrence Michael -- Cuesta Title Company
Mora Lawrence Michael -- First American Title Company
Mora Lawrence Michael $61,000 Fidelity National Title Co
Mora Lawrence Michael -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Elma Morales $125,000
Previous Owner Deoetting Elma Morales $384,000
Previous Owner The Cove At River Oaks Llc $218,000
Previous Owner Naghsh Solmaz $275,000
Previous Owner Esrbr293 Llc $225,000
Previous Owner Mora Lawrence Michael $580,000
Previous Owner Mora Lawrence Michael $190,000
Previous Owner Mora Lawrence Michael $33,500
Previous Owner Mora Lawrence Michael $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $5,805,000 0.0% $5,277 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/06/2016 04/06/16 Off Market $5,805,000 -- --
03/09/2016 03/09/16 For Sale $6,000,000 -- $5,455 / 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 $7,325 $519,566 $194,837 $324,729
2024 $7,178 $509,379 $191,017 $318,362
2023 $7,178 $499,392 $187,272 $312,120
2022 $6,535 $489,600 $183,600 $306,000
2021 $6,707 $480,000 $180,000 $300,000
2020 $5,352 $397,951 $142,731 $255,220
2019 $5,263 $390,149 $139,933 $250,216
2018 $5,167 $382,500 $137,190 $245,310
2017 $4,883 $375,000 $134,500 $240,500
2016 $1,711 $77,717 $77,717 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1064427

California Regional Multiple Listing Service (CRMLS)

APN: 025-546-053