NOT LISTED FOR SALE

740 Palo Alto Ct Paso Robles, CA 93446

Estimated Value: $917,304 - $983,000

3 Beds
2 Baths
2,101 Sq Ft
$450/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $900,000 $428 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,951/month

15 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Gated Community
  • Fitness Center
  • Active Adult
  • View of Hills

About This Home

As of May 2022

Located in the Paso Robles gated community of Traditions on a quiet cul-de-sac sits this 2,101± sq. ft. home. With incredible outdoor living areas with gardens, covered patios and entertaining areas from the front courtyard onto the spacious back patio. Welcomed from the entry onto the great room with hardwood flooring, fireplace, custom shutters and an open concept design with dining area and kitchen. Ideal for entertaining the kitchen opens with bar seating, granite countertops, center island, breakfast nook and stainless-steel appliances. The custom flooring and shutters continue into the 2 bedrooms and office. The primary suite features a walk- in closet, dual sinks, seated vanity area, custom tiled shower and private patio access. Step outside and enjoy the peaceful Paso Robles evenings with the covered BBQ area and dining area while being surrounded by lush landscaped gardens. The fully fenced back yard includes paver stones from the front courtyard onto the back patio and to the raised garden beds. A truly exceptional home in the highly desirable gated community of Traditions at River Oaks is for adults 55+ with many amenities offered for your slice of Central Coast paradise.

Last Agent to Sell the Property

David Crabtree

Home & Ranch Sotheby's Intl License #01092187 Listed on: 03/25/2022

Home & Ranch Sotheby's Intl

Last Buyer's Agent

April Fehrer

A List Properties License #01446379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,294

Year Built

  • Built in 2005

Lot Details

  • 9,700 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wood Fence
  • Landscaped
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned R1

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway
  • Golf Cart Garage

Property Views

  • Hills
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,101 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Pool

  • Spa
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener

Listing and Financial Details

  • Tax Lot 171
  • Tax Tract Number 2457
  • Assessor Parcel Number 025545018

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Traditions At River Oaks Association, Phone Number (805) 226-8236
  • Maintained Community

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,294

Year Built

Built in 2005

Lot Details

0

HOA Fees

$330 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: Traditions At River Oaks
  • View: Yes
  • Zoning: R1
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 025545018
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2101.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 428.37
  • Room Type: Entry, Kitchen, Laundry, Living Room, Office
  • Spa Features: Association
  • Window Features: Plantation Shutters
  • Bathroom Features: Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Concrete, Covered, Patio, Patio Open
  • Pool Features: Association, Fenced
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Golf Cart Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Water Softener
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Gym/Ex Room, Clubhouse, Recreation Room, Maintenance Grounds, Management, Security, Maintenance Front Yard
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Traditions at River Oaks
  • Phone: 805-226-8236
  • Senior Community: Yes
  • Common Interest: Planned Development
  • Community Features: Curbs, Golf, Gutters, Sidewalks, Street Lights
  • Association Management: Traditions at River Oaks

Schools

  • School District: Paso Robles Joint Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped, Lawn
  • Lot Size Sq Ft: 9700.00
  • Lot Size Acres: 0.2227

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9700.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 102.01
  • Tax Lot: 171
  • Tax Tract Number: 2457-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 13, 2022
Sold by
Webster and Celia
Bought by
Webster James and Webster James
Seller's Agent
David Crabtree
Home & Ranch Sotheby's Intl
Buyer's Agent
April Fehrer
A List Properties
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Current Estimated Value
$945,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,576
Avg. Annual Appreciation
1.47%

Purchase Details

Closed on
Feb 2, 2022
Sold by
Eugene Ferrasci Kenneth
Bought by
2003 Kenneth E Ferrasci Separate Property Rev

Purchase Details

Listed on
Sep 5, 2021
Closed on
Sep 23, 2021
Sold by
Hobbs David A and Hobbs Carole L
Bought by
Ferrasci Kenneth Eugene
Seller's Agent
Gwen Severson
GUIDE Real Estate
Buyer's Agent
David Crabtree
Home & Ranch Sotheby's Intl
List Price
$785,000
Sold Price
$805,500
Premium/Discount to List
$20,500
2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$605,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2019
Closed on
Mar 6, 2019
Sold by
Brown Larry W and Brown Linda D
Bought by
Hobbs David A and Hobbs Carole L
Seller's Agent
Darlene Tobias
Nexus Real Estate
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$635,000
Sold Price
$625,000
Premium/Discount to List
-$10,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$484,350
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Centex Homes
Bought by
Brown Larry W and Brown Linda D
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
Webster James -- --
2003 Kenneth E Ferrasci Separate Property Rev -- Johnson Fantl & Kennifer Llp
Ferrasci Kenneth Eugene $805,500 Fidelity National Title Co
Hobbs David A $625,000 Fidelity National Title Co
Brown Larry W $470,500 Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrasci Kenneth Eugene $605,500
Previous Owner Hobbs David A $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2022 05/16/22 Sold $900,000 +1.7% $428 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/04/2022 04/04/22 Price Changed $885,000 -4.3% $421 / Sq Ft
03/25/2022 03/25/22 For Sale $925,000 +14.8% $440 / Sq Ft
10/28/2021 10/28/21 Sold $805,500 +2.6% $383 / Sq Ft View Prior Sale
09/15/2021 09/15/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $785,000 +25.6% $374 / Sq Ft
04/04/2019 04/04/19 Sold $625,000 -1.6% $296 / Sq Ft View Prior Sale
03/05/2019 03/05/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $635,000 -- $301 / 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 $7,294 $627,716 $173,837 $453,879
2024 $7,162 $615,409 $170,429 $444,980
2023 $7,162 $603,343 $167,088 $436,255
2022 $9,515 $805,500 $250,000 $555,500
2021 $7,553 $644,103 $231,877 $412,226
2020 $7,391 $637,500 $229,500 $408,000
2019 $2,555 $205,293 $71,558 $133,735
2018 $2,523 $201,268 $70,155 $131,113
2017 $2,390 $197,323 $68,780 $128,543
2016 $2,348 $193,455 $67,432 $126,023
2015 $2,403 $190,551 $66,420 $124,131
2014 $2,318 $186,819 $65,119 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS22059420

California Regional Multiple Listing Service (CRMLS)

APN: 025-545-018