NOT LISTED FOR SALE

Estimated Value: $732,000 - $937,000

4 Beds
2 Baths
1,889 Sq Ft
$420/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $499,000 $264 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,790/month

10 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Living Room
  • Arroyo Grande High School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of October 2019

Great investment opportunity. This corner lot duplex has 2 units with two bedrooms and a garage for each unit.. This is the deal you’ve been waiting for! Continue to rent both out or live in one and rent the other. Perfect for a seasoned investor or just starting to build real estate wealth.

Last Agent to Sell the Property

Nancy Puder

Keller Williams Realty Central Coast License #00677873 Listed on: 08/23/2019

Keller Williams Realty Central Coast

Last Buyer's Agent

Jim Kelsey CCIM

Century 21 Masters-Arroyo Grande License #01354722

Century 21 Masters-Arroyo Grande

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 5,250 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,889 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 13 / 2
  • Assessor Parcel Number 062068017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Oceano(350)
  • View: Yes
  • Zoning: RMF
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 062068017
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 264.16
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street
  • Lot Size Sq Ft: 5250.00
  • Lot Size Acres: 0.1205

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 360000.00
  • Lot Size Area: 5250.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 122.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Krafthefer Kenneth J and Krafthefer Mary Cynthia
Bought by
Aguilar Jose P and Roman Marissa Luis
Current Estimated Value
$792,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,927
Outstanding Balance
$604,124
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$188,681

Purchase Details

Closed on
Mar 4, 2021
Sold by
Krafthefer Kenneth J and Krafthefer Mary Cynthia
Bought by
Krafthefer Kenneth J and Krafthefer Mary Cynthia

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 11, 2019
Sold by
Simon Robert and Simon Kegg Family Trust
Bought by
Krafthefer Kenneth J and Krafthefer Mary Cynthia
Seller's Agent
Nancy Puder
Keller Williams Realty Central Coast
Buyer's Agent
Jim Kelsey CCIM
Century 21 Masters-Arroyo Grande
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$374,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Crispo Robert S and Crispo Sally R
Bought by
Simon Robert and Kegg Mary Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
1.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aguilar Jose P $649,000 Fidelity National Title Co
Krafthefer Kenneth J -- None Available
Krafthefer Kenneth J -- None Available
Krafthefer Kenneth J $499,000 Fidelity National Title Co
Simon Robert -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Jose P $663,927
Previous Owner Krafthefer Kenneth J $374,250
Previous Owner Simon Robert $346,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $499,000 0.0% $264 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $499,000 -- $264 / 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 $7,738 $688,722 $318,362 $370,360
2024 $7,656 $675,219 $312,120 $363,099
2023 $7,656 $661,980 $306,000 $355,980
2022 $7,550 $649,000 $300,000 $349,000
2021 $6,099 $504,169 $227,331 $276,838
2020 $6,036 $499,000 $225,000 $274,000
2019 $6,391 $525,000 $340,000 $185,000
2018 $5,890 $480,000 $305,000 $175,000
2017 $5,414 $440,000 $285,000 $155,000
2016 $4,760 $400,000 $260,000 $140,000
2015 $4,295 $400,000 $260,000 $140,000
2014 $4,219 $265,000 $175,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI19202687

California Regional Multiple Listing Service (CRMLS)

APN: 062-068-017