NOT LISTED FOR SALE

7238 Shale Rock Rd Paso Robles, CA 93446

Estimated Value: $884,000 - $1,013,000

4 Beds
2 Baths
2,135 Sq Ft
$447/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $940,000 $440 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,681/month

32 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Craftsman Architecture
  • Paso Robles High School Rated A-
  • Pasture Views
  • Cathedral Ceiling

About This Home

As of February 2024

Nestled amongst rolling hills, in a neighborhood surrounded by vineyards, you'll find this Craftsman charmer. The home was built in 2020 and
features 2,135 square feet of living space, set on one acre. Custom finishes include quartz countertops, stainless steel appliances, white shaker
cabinets, and wood-like vinyl plank flooring. Upon entry, you are immediately wowed by the bright and airy great room, accentuated by vaulted
ceilings. Indoor-outdoor living is effortless, as you step through French doors that flow seamlessly onto the privatized patio. The primary suite
occupies its own wing of the home with a walk-in closet, dual sinks, and separate water closet. The one acre lot provides endless possibilities for
recreation, storage, and/or animal enclosures. The drought-tolerant landscape includes palm, pepper, and olive trees that give an established feel
to the well maintained yard. Other notable features of the home are spacious bedrooms, dual sinks in the second bathroom, as well as the attached
2-car garage equipped with electric vehicle charging capability. This property was a successful short-term rental through the end of 2023.

Last Agent to Sell the Property

Natalie Collins-Smith

Cooper Collins Smith Realty License #02033206 Listed on: 01/03/2024

Last Buyer's Agent

Sarah Hudson

Compass License #01953862

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,802

Year Built

  • Built in 2020

Lot Details

  • 1 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • South Facing Home
  • Wood Fence
  • Wire Fence
  • Drip System Landscaping
  • Density is up to 1 Unit/Acre
  • Property is zoned RS

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Lot Has A Rolling Slope

Property Views

  • Pasture
  • Hills
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,135 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Propane Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Great Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Propane Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts in Garage
  • Shared Well
  • ENERGY STAR Qualified Water Heater
  • Propane Water Heater
  • Engineered Septic

Additional Features

  • No Interior Steps
  • ENERGY STAR Qualified Equipment for Heating
  • Rain Gutters
  • Pasture

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 17
  • Assessor Parcel Number 015251072

Community Details

Overview

  • No Home Owners Association
  • Built by Collins Enterprises
  • Pr Dry Creek Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,802

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 924500
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved, Privately Maintained
  • Subdivision Name Other: PR Dry Creek(270)
  • View: Yes
  • Zoning: RS
  • Architectural Style: Craftsman, Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 015251072
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Dry Bar, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Propane, Great Room
  • Levels: One
  • Price Per Square Foot: 440.28
  • Room Type: All Bedrooms Down, Great Room, Kitchen, Laundry, Primary Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Neighborhood, Pasture
  • Fence: Yes
  • Fencing: Wire, Wood
  • Builder Name: Collins Enterprises
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stone, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Propane, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Microwave, Propane Range, Propane Water Heater
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, Propane
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Engineered Septic
  • Trash Expense: 456.00
  • Water Source: Shared Well
  • Cooling: Central Air, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Pasture, Rolling Slope, Sprinklers Drip System, Up Slope from Street
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000
  • Latitude Manual: 35.64213600

Multi Family

  • Electric Expense: 3180.00
  • Fuel Expense: 1800.00
  • Gross Scheduled Income: 64472.00
  • Insurance Expense: 1284.00
  • Lot Size Area: 43560.0000 Square Feet
  • Net Operating Income: 56612.00
  • Number Of Units Total: 1
  • Operating Expense: 7860.00
  • Other Expense: 1140.00
  • Other Expense Description: Internet
  • Rent Control: No
  • Total Expenses: 7860.00

Tax Info

  • Tax Census Tract: 103.02
  • Tax Lot: 32
  • Tax Tract Number: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 8, 2024
Sold by
Collins Family Revocable Trust
Bought by
Margulies Jennifer and Hughes Glenn A
Seller's Agent
Natalie Collins-Smith
Cooper Collins Smith Realty
Buyer's Agent
Sarah Hudson
Compass
List Price
$924,500
Sold Price
$940,000
Premium/Discount to List
$15,500
1.68%
Views
90
Current Estimated Value
$953,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,822
Avg. Annual Appreciation
-0.39%
Original Mortgage
$500,000
Outstanding Balance
$493,567
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$441,128

Purchase Details

Closed on
Mar 16, 2023
Sold by
Collins Reggie D and Collins Marsha
Bought by
Collins Family Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Margulies Jennifer $940,000 Fidelity National Title
Collins Family Revocable Trust -- None Listed On Document
Collins Reggie D -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margulies Jennifer $500,000
Previous Owner Collins Reggie $400,000
Previous Owner Collins Heggie $411,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $940,000 +1.7% $440 / Sq Ft
02/08/2024 02/08/24 For Sale $924,500 -1.6% $433 / Sq Ft
02/05/2024 02/05/24 Off Market $940,000 -- --
02/04/2024 02/04/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $924,500 -2.6% $433 / Sq Ft
01/03/2024 01/03/24 For Sale $949,000 -- $444 / 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 $5,802 $958,800 $306,000 $652,800
2024 $5,697 $537,607 $237,392 $300,215
2023 $5,697 $527,067 $232,738 $294,329
2022 $5,600 $516,733 $228,175 $288,558
2021 $5,490 $506,601 $223,701 $282,900
2020 $3,454 $318,700 $90,000 $228,700
2019 $975 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS24000617

California Regional Multiple Listing Service (CRMLS)

APN: 015-251-072