Seller's Agent in 2024
Richard Shannon
Century 21 Masters
(805) 878-3077
34 in this area
55 Total Sales
7830 Sinaloa Ave Atascadero, CA 93422
Estimated Value: $1,171,378 - $1,307,000
8
Beds
4
Baths
3,398
Sq Ft
$357/Sq Ft
Est. Value
About This Home
As of March 2024Welcome to the epitome of investment opportunities! This income-producing quadruplex is fully leased with tenants who have been there for the long term [Unit A 20+ years]. Each of the 4 Units boasts 2 bedrooms and 1 full bath and is approximately 850 SQ FT. There is an on-site laundry room and covered parking at the rear of the property. Each unit also contains a forced air gas heater and a wall A/C Unit. Stucco exterior and a newer composition roof [approximately 4 years old]. Currently rented below market rate with potential for enhanced revenue through adjustments to rental rates. Unit A has not been updated in approximately 20 years and could use some TLC. Unit D was recently updated with new flooring, cabinets, and countertops. Units B & C are in decent condition but slightly aged. This Quadruplex is in a prime location, located centrally between beautiful San Luis Obispo and Paso Robles [wine country and the ocean!] and is close to Atascadero's growing downtown. Easy walking distance to shopping and restaurants and near essential services. Don't miss this opportunity!
Last Agent to Sell the Property
Century 21 Masters Brokerage Phone: 805-878-3077 License #00619856 Listed on: 01/15/2024
Co-Listed By
Jennifer Bronfeld
Century 21 Masters Brokerage Phone: 805-878-3077 License #02091420
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,553
Year Built
- Built in 1973
Lot Details
- 0.27 Acre Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,398 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
Location
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 030132043
Community Details
Overview
- No Home Owners Association
- 4 Units
- Atnortheast Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $250
- Fuel Expense $1,200
- Insurance Expense $2,900
- Maintenance Expense $3,600
- Pest Control $360
- Trash Expense $1,980
- Water Sewer Expense $1,200
- Operating Expense $15,000
- Gross Income $720
- Net Operating Income $43,710
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2024
Closed on
Jan 26, 2024
Sold by
Colleen Twomey Revocable Trust
Bought by
Salvador Ramos Family Trust and Ramos
Seller's Agent
Richard Shannon
Century 21 Masters
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,095
Avg. Annual Appreciation
6.03%
Original Mortgage
$770,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2021
Sold by
Twomey Colleen
Bought by
Twomey Colleen Mary and Colleen Twomey Revocable Trust
Purchase Details
Closed on
Mar 25, 2021
Sold by
Twomey Timothy
Bought by
Twomey Colleen
Purchase Details
Closed on
May 21, 2012
Sold by
Twomey Colleen and Corella Colleen
Bought by
Twomey Tim and Twomey Colleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2000
Sold by
Corella Mark and Corella Colleen
Bought by
Corella Colleen
Purchase Details
Closed on
Apr 29, 2000
Sold by
Corella Mark and Corella Colleen
Bought by
Corella Colleen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salvador Ramos Family Trust | $1,100,000 | First American Title | |
| Twomey Colleen Mary | -- | None Available | |
| Twomey Colleen | -- | None Available | |
| Twomey Tim | -- | Fidelity National Title Co | |
| Corella Colleen | -- | -- | |
| Corella Colleen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Salvador Ramos Family Trust | $770,000 | |
| Previous Owner | Twomey Tim | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2024 03/25/24 | Sold | $1,100,000 | -4.3% | $324 / Sq Ft |
| 01/23/2024 01/23/24 | Pending | -- | -- | -- |
| 01/15/2024 01/15/24 | For Sale | $1,150,000 | -- | $338 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,553 | $1,122,000 | $306,000 | $816,000 |
| 2024 | $5,551 | $343,534 | $148,542 | $194,992 |
| 2023 | $5,551 | $336,799 | $145,630 | $191,169 |
| 2022 | $5,227 | $330,196 | $142,775 | $187,421 |
| 2021 | $4,921 | $323,723 | $139,976 | $183,747 |
| 2020 | $4,687 | $320,404 | $138,541 | $181,863 |
| 2019 | $4,437 | $314,123 | $135,825 | $178,298 |
| 2018 | $4,243 | $307,964 | $133,162 | $174,802 |
| 2017 | $4,174 | $301,926 | $130,551 | $171,375 |
| 2016 | $4,106 | $296,007 | $127,992 | $168,015 |
| 2015 | $4,055 | $291,562 | $126,070 | $165,492 |
| 2014 | $3,767 | $285,852 | $123,601 | $162,251 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Shannon
-
J
Seller Co-Listing Agent in 2024
Jennifer Bronfeld
Century 21 Masters
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
14 in this area
5,922 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS24008679
APN: 030-132-043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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