NOT LISTED FOR SALE

7997 Melody Mountain Ln Paso Robles, CA 93446

Estimated Value: $1,072,818 - $1,790,000

4 Beds
3 Baths
3,400 Sq Ft
$407/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $640,700 $188 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,637/month

16 Days on Market

Highlights

  • Barn
  • Horse Property
  • 12.59 Acre Lot
  • Paso Robles High School Rated A-
  • Panoramic View
  • Wood Flooring

About This Home

As of September 2014

Short Sale Opportunity! This stately home sits atop 12.5 acres with panoramic views and a private setting. In ground pool, barn, guest house and much more make up this unique property. Inside you will find 3400 +/- sq ft of living space with formal living room and family room, large kitchen, pantry. Four bedrooms and three bath, three car garage. AS IS Sale.

Last Agent to Sell the Property

Karen Palmer

Clarion Community Properties, Inc. License #01803491 Listed on: 08/06/2014

Last Buyer's Agent

Scott Ehrke

GUIDE Real Estate License #01012637

GUIDE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1990

Lot Details

  • 12.59 Acre Lot
  • Rural Setting
  • Property is zoned RUR,AG

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Living Room with Fireplace
  • Panoramic Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Propane
  • Shared Well
  • Conventional Septic

Additional Features

  • Horse Property
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 035171011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Subdivision Name Other: PR Linne(280)
  • View: Yes
  • Zoning: RUR,AG
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 035171011
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3400.00
  • Interior Amenities: Ceiling Fan(s), Pantry, Vacuum Central
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 188.44

Exterior Features

  • Foundation: Slab
  • Other Structures: Barn(s)
  • View: Panoramic
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Microwave, Oven
  • Heating Type: Propane
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Shared Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Horse Property
  • Lot Size Sq Ft: 548420.00
  • Lot Size Acres: 12.5900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2014
Closed on
Sep 2, 2014
Sold by
Mermis Joseph A
Bought by
Green Joan K
Seller's Agent
Karen Palmer
Clarion Community Properties, Inc.
Buyer's Agent
Scott Ehrke
GUIDE Real Estate
List Price
$609,000
Sold Price
$640,700
Premium/Discount to List
$31,700
5.21%
Current Estimated Value
$1,384,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,005
Avg. Annual Appreciation
6.94%

Purchase Details

Listed on
Aug 6, 2014
Closed on
Aug 29, 2014
Sold by
Green Joan K
Bought by
The Tron E Carter & Heather L Carter 200
Seller's Agent
Karen Palmer
Clarion Community Properties, Inc.
Buyer's Agent
Scott Ehrke
GUIDE Real Estate
List Price
$609,000
Sold Price
$640,700
Premium/Discount to List
$31,700
5.21%

Purchase Details

Closed on
Apr 21, 2006
Sold by
Fossey Dale Gene
Bought by
Green Joan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2002
Sold by
Fossey Dale Gene
Bought by
Fossey Dale Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,961
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2001
Sold by
Pelletier David H and Pelletier Rebecca S
Bought by
Fossey Dale Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
7.15%
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
Green Joan K -- Fidelity National Title Co
The Tron E Carter & Heather L Carter 200 $641,000 Fidelity National Title Co
Green Joan K $930,000 United General Title
Fossey Dale Gene -- Fidelity National Title Co
Fossey Dale Gene $639,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Joan K $999,900
Previous Owner Green Joan K $186,000
Previous Owner Green Joan K $744,000
Previous Owner Fossey Dale $277,961
Previous Owner Fossey Dale Gene $339,000
Previous Owner Pelletier David M $77,935
Previous Owner Pelletier David M $75,875
Previous Owner Pelletier David M $93,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $640,700 +5.2% $188 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $609,000 -- $179 / 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 $1,800 $177,220 $51,103 $126,117
2024 $1,766 $173,746 $50,101 $123,645
2023 $1,766 $170,340 $49,119 $121,221
2022 $1,734 $167,001 $48,156 $118,845
2021 $1,698 $163,727 $47,212 $116,515
2020 $1,680 $162,049 $46,728 $115,321
2019 $1,646 $158,872 $45,812 $113,060
2018 $1,612 $155,758 $44,914 $110,844
2017 $1,508 $152,705 $44,034 $108,671
2016 $1,477 $149,712 $43,171 $106,541
2015 $1,454 $147,464 $42,523 $104,941
2014 $6,532 $950,000 $425,000 $525,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR1046829

California Regional Multiple Listing Service (CRMLS)

APN: 035-171-011