487 Chorro St San Luis Obispo, CA 93405
Foothill Neighborhood
3
Beds
2
Baths
1,829
Sq Ft
6,534
Sq Ft Lot
Highlights
- Heated Spa
- Updated Kitchen
- Fireplace in Primary Bedroom
- Bishop's Peak Elementary School Rated A
- Mountain View
- Wood Flooring
About This Home
As of July 2024Introducing the exquisite "Chorro Bungalow," where elegance and luxury intertwine to create a truly remarkable living experience in the coveted Anholm District. This single-level, gated home was completely renovated in 2016, offering 1,829 square feet of living space on a fully fenced and landscaped 6,425 square foot lot. Upon entering, you'll be captivated by the meticulously crafted interiors, featuring tongue and groove wood ceilings in the living room, hardwood flooring, gas fireplaces, and Calacutta marble countertops throughout that exude sophistication. The bright and white kitchen is a culinary masterpiece, boasting stainless steel Thermador appliances, farmhouse sink, a 58-bottle wine refrigerator, skylight with remote-controlled window and blind, and bar seating. The brick-detailed dining room sets the stage for memorable gatherings, while plantation shutters add a touch of timeless grace to the recently updated and sound-proof windows. Located off the living spaces, sits the spacious owner's suite with dual sinks, steam shower, gas fireplace, custom built-ins, and French doors to the backyard. This property also features Nest thermostat controlled air-conditioning, owned solar panels, new roof, laundry room with sink, security system with cameras and alarm system, Sonos speakers, backup generator, 220V extension with electric vehicle hookup, and automatic gated entrance to the driveway that can accommodate two additional vehicles outside of the detached 1-car garage. Step outside to discover an English-garden style backyard oasis, complete with tranquil fountains, gas fireplace, above-ground jacuzzi, stone patio, privacy hedges, fruit trees, and breathtaking views of Madonna Mountain. The backyard is the perfect retreat for relaxation and stylish entertaining. This home is a true work of art, brimming with character and historic charm at every turn. Every detail has been thoughtfully curated in this space to create an ambiance of refined living and sophistication. Don't miss the opportunity to make this exceptional property your own and experience the epitome of downtown San Luis Obispo living at 487 Chorro Street.
Last Agent to Sell the Property
Compass Brokerage Phone: 805-441-6883 License #01745499 Listed on: 06/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,610
Year Built
- Built in 1937 | Remodeled
Lot Details
- 6,534 Sq Ft Lot
- Fenced
- Fence is in excellent condition
- Landscaped
- Level Lot
- Property is zoned R1
Parking
- 1 Car Direct Access Garage
- Electric Vehicle Home Charger
- Parking Available
- Tandem Uncovered Parking
- Single Garage Door
- Driveway Level
- Automatic Gate
Property Views
- Mountain
- Hills
- Neighborhood
Home Design
- Bungalow
- Brick Exterior Construction
- Raised Foundation
- Composition Roof
Interior Spaces
- 1,829 Sq Ft Home
- 1-Story Property
- Built-In Features
- Brick Wall or Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Plantation Shutters
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Storage
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Pots and Pans Drawers
- Utility Sink
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Remodeled Bathroom
- 2 Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Multiple Shower Heads
- Walk-in Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Heated Spa
- Above Ground Spa
Outdoor Features
- Fireplace in Patio
- Stone Porch or Patio
- Outdoor Fireplace
- Rain Gutters
Location
- Suburban Location
Schools
- San Luis Obispo High School
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 7 / 4
- Assessor Parcel Number 001185014
Community Details
Overview
- No Home Owners Association
- San Luis Obispo Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Jun 25, 2024
Sold by
Catherine Stacy Cannon Revocable Trust and Cannon Catherine Stacy
Bought by
Michael Am Meghan Borello Revocable Trust and Borello
Seller's Agent
Tracy Ronca
Compass
Buyer's Agent
Matt Sansone
Compass
List Price
$1,895,000
Sold Price
$1,940,000
Premium/Discount to List
$45,000
2.37%
Views
65
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
-$43,328
Avg. Annual Appreciation
-2.07%
Original Mortgage
$1,455,000
Outstanding Balance
$1,438,786
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$457,886
Purchase Details
Closed on
Apr 4, 2017
Sold by
Cannon Catherine Stacy
Bought by
Cannon Catherine Stacy and Catherine Stacy Cannon Revocable Trust
Purchase Details
Listed on
Jun 16, 2014
Closed on
Jul 17, 2014
Sold by
Cannon Michael
Bought by
Cannon Catherine S
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Colleen Clarke
Christie's International Real Estate Sereno
List Price
$810,000
Sold Price
$810,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Purchase Details
Listed on
Jun 16, 2014
Closed on
Jun 13, 2014
Sold by
Connor Leslie O and Connor Elizabeth O
Bought by
Cannon Catherine S
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Colleen Clarke
Christie's International Real Estate Sereno
List Price
$810,000
Sold Price
$810,000
Purchase Details
Closed on
Sep 15, 2011
Sold by
Spellacy Joseph M and Spellacy Erica Leiman
Bought by
Oconnor Leslie and Oconnor Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,120
Interest Rate
4.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2006
Sold by
Spellacy Joseph M and Lieman Spellacy Erica
Bought by
Spellacy Joseph M and Spellacy Erica Lieman
Purchase Details
Closed on
Apr 28, 2004
Sold by
Baker Aaron G and Baker Catherine L
Bought by
Spellacy Joseph M and Lieman Spellacy Erica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 14, 2001
Sold by
Arthur Greer M and Arthur Michelle D
Bought by
Baker Aaron G and Baker Catherine L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.8%
Purchase Details
Closed on
Oct 11, 2000
Sold by
Dimitrijevich Robert and Dimitrijevich Michaelann
Bought by
Arthur Greer M and Arthur Michelle D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
7.82%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 28, 1993
Sold by
Underwood Michael G and Underwood Bonnie
Bought by
Dimitrijevich Robert and Dimitrijevich Michaelann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.95%
Similar Homes in San Luis Obispo, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,940,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $810,000 | First American Title Company | |
| Grant Deed | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $742,500 | Fidelity Title Company | |
| Grant Deed | $495,000 | First American Title Co | |
| Grant Deed | $435,000 | Cuesta Title | |
| Grant Deed | $257,500 | Ticor Title Insurance Compan |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,455,000 | New Conventional | |
| Previous Owner | $500,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $517,000 | New Conventional | |
| Previous Owner | $523,120 | New Conventional | |
| Previous Owner | $575,000 | Purchase Money Mortgage | |
| Previous Owner | $399,950 | Unknown | |
| Previous Owner | $396,000 | No Value Available | |
| Previous Owner | $337,500 | Stand Alone First | |
| Previous Owner | $203,000 | No Value Available | |
| Closed | $49,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $1,940,000 | +2.4% | $1,061 / Sq Ft |
| 06/24/2024 06/24/24 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | For Sale | $1,895,000 | +134.0% | $1,036 / Sq Ft |
| 07/25/2014 07/25/14 | Sold | $810,000 | 0.0% | $443 / Sq Ft |
| 07/25/2014 07/25/14 | Sold | $810,000 | 0.0% | $443 / Sq Ft |
| 06/26/2014 06/26/14 | Pending | -- | -- | -- |
| 05/14/2014 05/14/14 | For Sale | $810,000 | -- | $443 / 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 | $10,610 | $1,940,000 | $1,150,000 | $790,000 |
| 2024 | $10,419 | $960,090 | $500,766 | $459,324 |
| 2023 | $10,419 | $941,266 | $490,948 | $450,318 |
| 2022 | $9,766 | $922,811 | $481,322 | $441,489 |
| 2021 | $9,610 | $904,718 | $471,885 | $432,833 |
| 2020 | $9,512 | $895,442 | $467,047 | $428,395 |
| 2019 | $9,413 | $877,886 | $457,890 | $419,996 |
| 2018 | $9,229 | $860,673 | $448,912 | $411,761 |
| 2017 | $9,048 | $843,798 | $440,110 | $403,688 |
| 2016 | $8,818 | $822,352 | $431,481 | $390,871 |
| 2015 | $8,683 | $810,000 | $425,000 | $385,000 |
| 2014 | $6,727 | $670,005 | $307,389 | $362,616 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Ronca
Seller's Agent in 2024
Tracy Ronca
Compass
(805) 441-6883
3 in this area
81 Total Sales
-
Stephanie Ronca
Seller Co-Listing Agent in 2024
Stephanie Ronca
Compass
(805) 550-5344
3 in this area
88 Total Sales
-
Matt Sansone
Buyer's Agent in 2024
Matt Sansone
Compass
(805) 544-7000
2 in this area
40 Total Sales
-
Kerry Sansone
Buyer Co-Listing Agent in 2024
Kerry Sansone
Compass
(805) 540-4040
2 in this area
77 Total Sales
-
H
Seller's Agent in 2014
Hal Sweasey
RE/MAX Del Oro
-
C
Buyer's Agent in 2014
Colleen Clarke
The Real Estate Group of SLO
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC24109821
APN: 001-185-014
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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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