NOT LISTED FOR SALE

San Luis Obispo, CA 93401

Downtown San Luis Obispo Neighborhood

Estimated Value: $1,522,000 - $1,940,000

4 Beds
4 Baths
3,014 Sq Ft
$564/Sq Ft Est. Value

Last Sold December 24, 2012

Last sale price $731,400 $243 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $9,822/month

44 Days on Market

Highlights

  • Corner Lot
  • Separate Outdoor Workshop
  • Heating Available
  • Laguna Middle School Rated A
  • Ceiling Fan

About This Home

As of December 2012

Gross rents annually over $43k. This is a wonderful investment opportunity with a great rental history. Spread out in these spacious 1bd/1ba units. Units A & C are 760 sq. ft. Units B & D are 680 sq. ft. Large living rooms, breakfast bars, dining areas, hall linen closets, good air flow through big windows, double sinks, full size appliances, ample cabinetry, clean and always rented. Three doors from train station, seven blocks from SLO Farmers market. 6 off street parking spaces. Two garages under building with workshop, 1/2 bath and space for laundry room . Outside area for storage shed. Roof redone in 2006. All individual electric meters. Newer in-wall efficient electric heaters in living rooms and bedrooms. All water heaters and garbage disposals have been replaced. No deferred mainten

Last Agent to Sell the Property

Hal Sweasey

RE/MAX Del Oro License #01111911 Listed on: 09/13/2012

Last Buyer's Agent

Lindsey Harn

RE/MAX Del Oro License #01868098

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,732

Year Built

  • Built in 1970

Lot Details

  • 3,833 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,014 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Separate Outdoor Workshop
  • Heating Available

Community Details

  • 4 Units
  • Operating Expense $6,500

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water
  • Assessor Parcel Number 003-556-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,732

Year Built

Built in 1970

Lot Details

0

Listing Details

  • FILLACRES: 0.09
  • ApproxYrBlt: 1970
  • Directions To Property: Off of Leff and Santa Rosa
  • Listing Member Name: Hal Sweasey
  • Listing Office Short Id: 2361
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 3833.00
  • Major Area: 06 - San Luis Obispo
  • Open House Office I D: 20170308161058752348000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 198511985
  • Selling Office Short Id: 2361
  • Building Stories: 2
  • Tract Suffix: Street
  • OFFICELIST_ZIP4: 3740
  • Unit Levels: Two
  • Geen Feat.: Curbs/Gutter, Paved Streets, Sidewalks
  • Income And Expenses Annual Operating Exp: 6500.00
  • Landlord Pays: Trash Collection, Water
  • Special Features: None
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Laundry: None

Exterior Features

  • Additional Buildings: Workshop
  • Exterior: Stucco
  • Foundation: Slab
  • Roof: Flat

Garage/Parking

  • Parking: 6 - 10, Street

Utilities

  • Air Conditioner: Ceiling Fans
  • Heating: Electric

Lot Info

  • Lot Characteristics: Corner
  • Zoning Description: Multi-Fam R4

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Assessor Parcel Number: 003-556-021

Multi Family

  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2016
Sold by
Sweasey Harold Byron and Sweasey Maria Delorenzo
Bought by
Rakeitin Enterprises Llc
Current Estimated Value
$1,699,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2016
Sold by
Sweasey Harold Byron and Sweasey Maria Delorenzo
Bought by
Sweasey Harold Byron and Sweasey Maria Delorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2014
Sold by
Sweasey Harold B and Sweasey Maria
Bought by
Sweasey Family Trust and Sweasey Maria Delorenzo

Purchase Details

Listed on
Sep 13, 2012
Closed on
Dec 20, 2012
Sold by
Shandroff Michael J and Shandroff Denise J
Bought by
Sweasey Harold B and Sweasey Maria
Seller's Agent
Hal Sweasey
RE/MAX Del Oro
Buyer's Agent
Lindsey Harn
RE/MAX Del Oro
Sold Price
$731,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$483,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1998
Sold by
Mcginnis Howard A and Mcginnis Sheryl J
Bought by
Mcginnis Howard A and Mcginnis Sheryl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.1%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rakeitin Enterprises Llc -- None Available
Sweasey Harold Byron -- None Available
Sweasey Harold Byron -- None Available
Sweasey Harold Byron -- Fidelity National Title Co
Sweasey Family Trust -- None Available
Sweasey Harold B $690,000 First American Title Company
Mcginnis Howard A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sweasey Harold Byron $375,000
Previous Owner Sweasey Harold B $483,000
Previous Owner Mcginnis Howard A $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2012 12/24/12 Sold $731,400 -- $243 / Sq Ft
Source: North Santa Barbara County Regional MLS

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 $9,732 $849,674 $369,423 $480,251
2024 $9,566 $833,015 $362,180 $470,835
2023 $9,566 $816,682 $355,079 $461,603
2022 $8,980 $800,669 $348,117 $452,552
2021 $8,808 $784,971 $341,292 $443,679
2020 $8,716 $776,923 $337,793 $439,130
2019 $8,614 $761,690 $331,170 $430,520
2018 $8,454 $746,756 $324,677 $422,079
2017 $8,285 $732,114 $318,311 $413,803
2016 $8,054 $717,760 $312,070 $405,690
2015 $7,579 $706,980 $307,383 $399,597
2014 $7,138 $693,132 $301,362 $391,770
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    Hal Sweasey

    RE/MAX Del Oro

  • L

    Buyer's Agent in 2012

    Lindsey Harn

    RE/MAX Del Oro

See All Agents

Source: North Santa Barbara County Regional MLS

MLS Number: 190324

North Santa Barbara County Regional MLS

APN: 003-556-021

California San Luis Obispo County San Luis Obispo 93401

Downtown San Luis Obispo

This home since 13 September 2012 and is currently estimated at $1,699,665, approximately $563 per square foot. This property was built in 1970. This home is a home located in San Luis Obispo County with nearby schools including Laguna Middle School, San Luis Obispo High School, and San Luis Obispo Classical Academy.

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.

North Santa Barbara County Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes