NOT LISTED FOR SALE

San Luis Obispo, CA 93405

Highland Neighborhood

Estimated Value: $1,590,000 - $1,951,000

8 Beds
4 Baths
3,480 Sq Ft
$504/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $873,050 $251 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $10,309/month

9 Days on Market

Highlights

  • Corner Lot
  • Bishop's Peak Elementary School Rated A
  • Coin Laundry

About This Home

As of May 2014

Solid Four-Plex just one block from the Highland entrance to Cal Poly. Great rental history with low maintenance. On site laundry and parking

Last Agent to Sell the Property

Larry Smyth

Farrell Smyth Real Estate Listed on: 03/25/2014

Last Buyer's Agent

Kris McLaughlin

Andrews & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,121

Year Built

  • Built in 1968

Lot Details

  • 7,000 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Community Details

  • Coin Laundry
  • Operating Expense $5,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 052-041-082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,121

Year Built

Built in 1968

Lot Details

0

Listing Details

  • FILLACRES: 0.16
  • ApproxYrBlt: 1968
  • Directions To Property: Corner of North Chorro and Ferrini
  • Listing Member Name: Larry D Smyth
  • Listing Office Short Id: 2393
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 7000.00
  • Major Area: 06 - San Luis Obispo
  • Open House Office I D: 20170308161059120770000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 1002508
  • Selling Office Short Id: 1307
  • Building Stories: 2
  • OFFICELIST_ZIP4: 1150
  • Unit Levels: Two
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Street Lights, Telephone
  • Income And Expenses Annual Operating Exp: 5000.00
  • Landlord Pays: Trash Collection, Water
  • Special Features: None
  • Stories: 2
  • Year Built: 1968

Interior Features

  • Total Bathrooms: 4.00
  • Total Bedrooms: 8
  • Laundry: Coin Op

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Decks
  • Foundation: Slab
  • Roof: Flat

Utilities

  • Air Conditioner: None
  • Heating: Wall Furnace

Lot Info

  • Lot Characteristics: Corner
  • Zoning Description: Apartment

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Assessor Parcel Number: 052-041-082

Multi Family

  • Annual Operating Expense: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jul 17, 2014
Sold by
Keese William and Meinhold Keese Lee Anne
Bought by
The Keese Meinhold Family Living Trust
Seller's Agent
Larry Smyth
Farrell Smyth Real Estate
Buyer's Agent
Kris McLaughlin
Andrews & Associates
Sold Price
$873,050
Current Estimated Value
$1,752,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$879,244
Avg. Annual Appreciation
6.30%

Purchase Details

Listed on
Mar 25, 2014
Closed on
May 8, 2014
Sold by
Smith Penny D and Penny D Smith Revocable Trust
Bought by
Keese William and Meinhold Keese Lee Anne
Seller's Agent
Larry Smyth
Farrell Smyth Real Estate
Buyer's Agent
Kris McLaughlin
Andrews & Associates
Sold Price
$873,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,700
Outstanding Balance
$498,584
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$1,253,710

Purchase Details

Closed on
Jan 7, 2014
Sold by
Smith Penny D
Bought by
Smith Penny D and Penny D Smith Revocable Trust

Purchase Details

Closed on
Sep 18, 1998
Sold by
Farrell V M and Farrell Family Trust
Bought by
Smith Penny D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.88%
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
The Keese Meinhold Family Living Trust -- None Available
Keese William -- First American Title Company
Smith Penny D -- None Available
Smith Penny D $350,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keese William $654,700
Previous Owner Smith Penny D $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $873,050 -- $251 / 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 $12,121 $1,070,166 $490,338 $579,828
2024 $11,911 $1,049,183 $480,724 $568,459
2023 $11,911 $1,028,612 $471,299 $557,313
2022 $11,179 $1,008,444 $462,058 $546,386
2021 $10,972 $988,672 $452,999 $535,673
2020 $10,858 $978,536 $448,355 $530,181
2019 $10,733 $959,350 $439,564 $519,786
2018 $10,532 $940,541 $430,946 $509,595
2017 $10,322 $922,100 $422,497 $499,603
2016 $10,051 $904,020 $414,213 $489,807
2015 $4,894 $456,540 $182,616 $273,924
2014 $4,673 $447,598 $179,039 $268,559
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Larry Smyth

    Farrell Smyth Real Estate

  • K

    Buyer's Agent in 2014

    Kris McLaughlin

    Andrews & Associates

See All Agents

Source: North Santa Barbara County Regional MLS

MLS Number: 1042394

North Santa Barbara County Regional MLS

APN: 052-041-082

California San Luis Obispo County San Luis Obispo 93405

Highland

This home since 25 March 2014 and is currently estimated at $1,752,294, approximately $503 per square foot. This property was built in 1968. This home is a home located in San Luis Obispo County with nearby schools including Bishop's Peak Elementary School, Laguna Middle School, and San Luis Obispo High School.

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.

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