NOT LISTED FOR SALE

Estimated Value: $726,000 - $1,189,000

2 Beds
2 Baths
1,600 Sq Ft
$649/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $630,000 $394 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,293/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • View of Trees or Woods
  • Wood Flooring
  • Bishop's Peak Elementary School Rated A
  • Property is near a park
  • 4-minute walk to Santa Rosa Park

About This Home

As of August 2017

Property for sale is 515 and 517 Hathway. Walking distance to downtown, Cal Poly and nearby Santa Rosa Park. The property is 1 building with 2 units and large shared backyard. Each unit has own living room, dining room, kitchen, 1 bath, 1 bedroom and own garage space. Property is zoned R2. Please check with City for possible development. Do not disturb tenants. Current rents are extremely low, leases are month-to-month.

Last Agent to Sell the Property

Andrew Richardson

Richardson Sotheby's International Realty License #01872187 Listed on: 05/11/2017

Richardson Sotheby's International Realty

Last Buyer's Agent

Steve Ferrario

BHGRE HAVEN PROPERTIES License #01033421

BHGRE HAVEN PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,767

Year Built

  • Built in 1940

Lot Details

  • 8,746 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • No Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • Ceiling Fan
  • Views of Woods

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Type Unknown
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Assessor Parcel Number 001041007

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,767

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 001041007
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 393.75
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Park Nearby, Sprinklers None
  • Lot Size Sq Ft: 8746.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1200.00

Tax Info

  • Tax Census Tract: 109.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2017
Sold by
Ferrario Steven and Ferrario Valerie
Bought by
Rukeri Inc
Current Estimated Value
$1,038,242

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 12, 2017
Sold by
Avila Frank J and Auyong Patricia A
Bought by
Ferrario Steven and Ferrario Valerie
Seller's Agent
Andrew Richardson
Richardson Sotheby's International Realty
Buyer's Agent
Steve Ferrario
BHGRE HAVEN PROPERTIES
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$472,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
Avila Frank J and Avila Erin
Bought by
Avila Frank J and Avila Erin

Purchase Details

Closed on
Oct 31, 2002
Sold by
Avila Josephine G
Bought by
Auyong Patricia A and Auyong Nicholas K F
Source: Public Records

Range of Values:

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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
Rukeri Inc -- None Available
Ferrario Steven $630,000 First American Title Company
Avila Frank J -- --
Auyong Patricia A -- --
Avila Josephine G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrario Steven $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $630,000 -6.7% $394 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $675,000 -- $422 / 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 $7,767 $716,827 $512,020 $204,807
2024 $7,626 $702,773 $501,981 $200,792
2023 $7,626 $688,994 $492,139 $196,855
2022 $7,148 $675,486 $482,490 $192,996
2021 $7,035 $662,242 $473,030 $189,212
2020 $6,963 $655,452 $468,180 $187,272
2019 $6,890 $642,600 $459,000 $183,600
2018 $6,755 $630,000 $450,000 $180,000
2017 $735 $68,505 $28,218 $40,287
2016 $720 $67,163 $27,665 $39,498
2015 $709 $66,155 $27,250 $38,905
2014 $651 $64,860 $26,717 $38,143
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP17099993

California Regional Multiple Listing Service (CRMLS)

APN: 001-041-007