NOT LISTED FOR SALE

7116 Sombrilla Ave Atascadero, CA 93422

Atascadero Area
-- Bed
-- Bath
3,432 Sq Ft
0.41 Acre Lot

Sale Details

Date Sold: December 4, 2014

Last sale price $600,000 $175 Per Sq Ft

31 Days on Market

Highlights

  • Cul-De-Sac
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities

About This Home

As of December 2014

Marketing Remarks: Exceptional Investment Opportunity! Well maintained, well cared for, six unit one-story apartment complex: Four 1 bedroom units and two 2 bedroom units. Located in a great neighborhood near the end of a cul-de sac. A short distance from the center of Atascadero, this unique complex has a charming common space with access to all units as well as parking for tenants and their guests. These units have a history of long-term tenants who have shown pride in the units they occupy. There is an on-site washer /dryer room for use. For the savvy investor, this six-unit complex offers a great opportunity to be part of the Community and enjoy a nice return.

Last Agent to Sell the Property

Matthew Kennedy

Kennedy Realty, Inc. License #01488688 Listed on: 08/26/2014

Last Buyer's Agent

Kelly Thulin

Malik Real Estate Group, Inc. License #00929260

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 17,677 Sq Ft Lot
  • Cul-De-Sac
  • Rural Setting
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • Ceiling Fan

Parking

  • Parking Available
  • On-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 030011027

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0.41 Acres

Listing Details

  • Zoning: R,APT
  • Property Type: Residential Income
  • Parcel Number: 030011027
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Levels: One
  • Price Per Square Foot: 174.83

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Lot Features: Cul-De-Sac, Level with Street, Paved, Sprinkler System
  • Lot Size Sq Ft: 17677.00
  • Lot Size Acres: 0.4000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 0.4000 Acres
  • Number Of Units Total: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2015
Sold by
Bought by

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 17, 2014
Sold by
Bought by
Seller's Agent
Matthew Kennedy
Kennedy Realty, Inc.
Buyer's Agent
Kelly Thulin
Malik Real Estate Group, Inc.
List Price
$598,500
Sold Price
$600,000
Premium/Discount to List
$1,500
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 14, 2014
Sold by
Bought by
Seller's Agent
Matthew Kennedy
Kennedy Realty, Inc.
Buyer's Agent
Kelly Thulin
Malik Real Estate Group, Inc.
List Price
$598,500
Sold Price
$600,000
Premium/Discount to List
$1,500
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- First American Title Company
$600,000 First American Title Company
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/04/2014 12/04/14 Sold $600,000 +0.3% $175 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $598,500 -- $174 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,307 $735,525 $245,174 $490,351
2025 $10,458 $721,104 $240,367 $480,737
2024 $10,454 $706,965 $235,654 $471,311
2023 $10,454 $693,104 $231,034 $462,070
2022 $9,943 $679,514 $226,504 $453,010
2021 $9,913 $666,191 $222,063 $444,128
2020 $9,070 $659,362 $219,787 $439,575
2019 $8,654 $646,434 $215,478 $430,956
2018 $8,324 $633,759 $211,253 $422,506
2017 $8,183 $621,333 $207,111 $414,222
2016 $8,043 $609,150 $203,050 $406,100
2015 $7,937 $600,000 $200,000 $400,000
2014 $2,889 $169,136 $21,973 $147,163
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1048071

California Regional Multiple Listing Service (CRMLS)
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