NOT LISTED FOR SALE

721 Los Osos Valley Rd Los Osos, CA 93402

Estimated Value: $1,018,000 - $1,316,000

6 Beds
3 Baths
2,589 Sq Ft
$437/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $739,000 $285 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,265/month

Highlights

  • No Units Above
  • Property is near a park
  • Hiking Trails
  • Monarch Grove Elementary School Rated A
  • No HOA
  • 3-minute walk to Los Osos Community Park

About This Home

As of October 2020

Triplex on Los Osos Valley Road. This property is approximately 1/2 mile to Morro Bay and about 2 miles as the crow flies to the ocean. This property has 3 units at 2 bedrooms and 1 bath. More info shortly.

Last Agent to Sell the Property

Tom Franco

Harcourts Prime Properties License #01299147 Listed on: 09/14/2020

Harcourts Prime Properties

Last Buyer's Agent

Addie Pedersen

Pedersen Realty License #00639064

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,877

Year Built

  • Built in 1971

Lot Details

  • 8,080 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 2,589 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Property is near a park
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Tax Tract Number 122
  • Assessor Parcel Number 074371004

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Property is near a preserve or public land

Recreation

  • Hiking Trails

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $51,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,877

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Zoning: RMF
  • Property Type: Residential Income
  • Parcel Number: 074371004
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 285.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 8080.00
  • Lot Size Acres: 0.1855
  • Latitude Manual: 35.31190000

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 51000.00
  • Gross Operating Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Lot Size Area: 8080.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 51000.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 107.07
  • Tax Lot: 4
  • Tax Tract Number: 122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Stowe Keith S and Stowe Marianne
Bought by
Stowe Keith S and Stowe Marianne
Current Estimated Value
$1,132,042

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 21, 2020
Sold by
Alyce Faye Handal Separate Property Trus and Alyce Faye Handal Trust
Bought by
Stowe Keith S and Stowe Marianne
Seller's Agent
Tom Franco
Harcourts Prime Properties
Buyer's Agent
Addie Pedersen
Pedersen Realty
List Price
$739,000
Sold Price
$739,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$554,250
Outstanding Balance
$492,077
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$639,965

Purchase Details

Closed on
Apr 20, 2018
Sold by
Afh Morro Bay Llc
Bought by
Handal Alyee Faye and Alyee Faye Handal Separate Pro

Purchase Details

Closed on
Mar 9, 2007
Sold by
Handal Fred and Handal Alyce
Bought by
Afh Morro Bay Llc

Purchase Details

Closed on
Jul 17, 2006
Sold by
Handal Fred S and Handal Alyce F
Bought by
Handal Fred S and Handal Alyce F
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
Stowe Keith S -- None Available
Stowe Keith S $739,000 Placer Title
Handal Alyee Faye $615,000 None Available
Afh Morro Bay Llc -- None Available
Handal Fred -- None Available
Handal Fred S -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stowe Keith S $554,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $739,000 0.0% $285 / Sq Ft
09/14/2020 09/14/20 For Sale $739,000 -- $285 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
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 $14,877 $799,915 $362,614 $437,301
2024 $14,618 $784,231 $355,504 $428,727
2023 $14,618 $768,855 $348,534 $420,321
2022 $14,129 $753,780 $341,700 $412,080
2021 $14,088 $739,000 $335,000 $404,000
2020 $11,934 $627,300 $331,500 $295,800
2019 $12,081 $615,000 $325,000 $290,000
2018 $8,101 $282,190 $72,688 $209,502
2017 $8,086 $276,658 $71,263 $205,395
2016 $5,112 $271,234 $69,866 $201,368
2015 $5,065 $267,161 $68,817 $198,344
2014 $4,815 $261,928 $67,469 $194,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20188945

California Regional Multiple Listing Service (CRMLS)

APN: 074-371-004