NOT LISTED FOR SALE

Estimated Value: $1,086,000 - $1,349,000

8 Beds
8 Baths
3,332 Sq Ft
$357/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $531,000 $159 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $6,982/month

20 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • 2-minute walk to Oceano Dunes State Vehicular Recreation Area
  • Arroyo Grande High School Rated A-
  • Wood Siding

About This Home

As of February 2015

Multiple unit (4plex) investment opportunity located in close proximity to the ocean, shopping and SR 1. Property consists of 4 units, each unit has 2 bedrooms and 1.25 bathrooms with inside laundry area. There is adequate parking on both sides of the units. All 4 units are currently vacant but will rent easily and quickly. This is an Outstanding Investment Opportunity!

Last Agent to Sell the Property

Bob Hubbell

Century 21 Hometown Realty Listed on: 12/30/2014

Co-Listed By

David Hubbell

Hubbell Real Estate Group License #01786294

Last Buyer's Agent

Bill Vincent

Keller Williams Realty-Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,827

Year Built

  • Built in 1990

Lot Details

  • 7,000 Sq Ft Lot
  • Fenced Yard

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,332 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Operating Expense $8,000

Listing and Financial Details

  • Assessor Parcel Number 062-088-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,827

Year Built

Built in 1990

Lot Details

0

Listing Details

  • FILLACRES: 0.16
  • ApproxYrBlt: 1990
  • Directions To Property: On the corner of Paso Robles Street and 21st street
  • Listing Member Name: Bob Hubbell
  • Listing Office Short Id: 1321
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 7000.00
  • Major Area: 11 - Oceano
  • Open House Office I D: 20170308161044442294000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 6129
  • Selling Office Short Id: 1476
  • Building Stories: 2
  • OFFICELIST_ZIP4: 9251
  • Unit Levels: Two
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Telephone
  • Income And Expenses Annual Operating Exp: 8000.00
  • Special Features: None
  • Stories: 2
  • Year Built: 1990

Interior Features

  • One Quarter Bathrooms: 4.00
  • Street Number Modifier: 1744
  • Total Bathrooms: 8.00
  • Total Bedrooms: 8
  • Laundry: In Each Unit

Exterior Features

  • Exterior: Wood Siding
  • Exterior Features: Fenced Yard, Patio
  • Foundation: Slab
  • Roof: Composition, Shingle

Utilities

  • Air Conditioner: None
  • Heating: Wall Furnace

Lot Info

  • Zoning Description: Multi-Fam R3

Tax Info

  • Assessor Parcel Number: 062-088-025

Multi Family

  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2019
Sold by
Johandes James Baele
Bought by
Johandes James Pierre and Johandes Karen A
Current Estimated Value
$1,189,333

Purchase Details

Closed on
Sep 23, 2017
Sold by
Johandes James Baele
Bought by
Johandes James Pierre and Johandes Karen A

Purchase Details

Listed on
Dec 30, 2014
Closed on
Feb 19, 2015
Sold by
Fannie Mae
Bought by
Johandes James Baele and Johandes James Pierre
Seller's Agent
Bob Hubbell
Century 21 Hometown Realty
Buyer's Agent
Bill Vincent
Keller Williams Realty-Central
Sold Price
$531,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$398,250
Outstanding Balance
$303,218
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$886,115

Purchase Details

Closed on
Nov 8, 2013
Sold by
Simpson Donna Sue
Bought by
Fannie Mae

Purchase Details

Closed on
Dec 26, 2012
Sold by
Gray Gene
Bought by
Gray Gene

Purchase Details

Closed on
Jul 6, 2011
Sold by
Simpson Donna Sue
Bought by
Gray & Troy Profit Sharing Trust and Gray Gene

Purchase Details

Closed on
Mar 5, 2003
Sold by
Chapman Glen A and Chapman Gayla R
Bought by
Simpson Donna Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.78%

Purchase Details

Closed on
Nov 6, 1998
Sold by
Sheehan Rita S
Bought by
Chapman Glen A and Chapman Gayla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,700
Interest Rate
6.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Johandes James Pierre -- None Available
Johandes James Pierre -- None Available
Johandes James Pierre -- None Available
Johandes James Baele $531,000 Fidelity National Title
Fannie Mae $501,735 None Available
Gray Gene -- None Available
Gray & Troy Profit Sharing Trust $25,000 First American Title Company
Simpson Donna Sue $550,000 Fidelity Title Company
Chapman Glen A $222,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johandes James Baele $398,250
Previous Owner Simpson Donna Sue $440,000
Previous Owner Chapman Glen A $188,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $531,000 -- $159 / 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 $7,827 $638,170 $180,271 $457,899
2024 $7,751 $625,658 $176,737 $448,921
2023 $7,751 $613,391 $173,272 $440,119
2022 $7,652 $601,365 $169,875 $431,490
2021 $7,640 $589,575 $166,545 $423,030
2020 $7,567 $583,531 $164,838 $418,693
2019 $7,521 $572,090 $161,606 $410,484
2018 $7,352 $560,874 $158,438 $402,436
2017 $7,376 $549,878 $155,332 $394,546
2016 $7,006 $539,097 $152,287 $386,810
2015 $5,476 $509,990 $203,996 $305,994
2014 $5,274 $500,000 $200,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 1050444

North Santa Barbara County Regional MLS

APN: 062-088-025