$620,000 Price Analysis 2029 Pine StPaso Robles, CA 93446 3 bed 2 bath 1,230 SqFt ($504/SqFt) 0.26 acre lot. Built 1944 Listed 2024-02-24, Taxes $4,655 | ✓ USDA Eligible near El Paso de Robles, CA |
You're sure to love this charming bungalow, sitting on an elevated 1/4 acre blocks from dozens of eateries and wine tasting rooms in downtown Paso Robles. This vintage residence is not full of character, but also many tasteful and modern updates! You'll find recent vinyl dual-pane windows, luxury vinyl plank 'wood' floors, upgraded doors, hardware and baseboards, quartz counters atop newer cabinets, stainless appliances , custom tilework backsplash and shower surround and even modern central HVAC. Sure, at nearly 80 years old, it has its quirky features, like the missing closets in 2 of the 3 bedrooms or the space saving 'powder laundry' where you can do your laundry and other important business efficiently at the same time! But the positives like the HUGE covered front porch sitting high above the street level make the quirks work! Now for the BONUS ROUND, because there is a lot more to this offering thn a charming old home close to downtown Paso. The 1/4 acre parcel is zoned T4-N and has plenty of room for added opportunity. For example, this sale includes turn-key, ready to go building plans for two additional units - with city construction permits ready to pick up!
You could start construction on a duplex on the back of this parcel upon close of escrow. Engineering - done. Design work - done. Final permit fees - nope, not yet (that one is on you). Instead of spending months of your life in design, engineering and planning, you can spend it doing things you like more like wine tasting, attending sporting events. and of course world travel ;). Plus, it is in a Federally designated 'Opportunity Zone'! (Google it - it's a BIG DEAL if you plan to develop additional units and like tax savings)! If you're not into multi-family units and collecting rent checks, maybe you could utilize the oversized lot for building a shop/garage for your automotive or business interests or even developing your own private 9 hole mini-golf course (whatever floats your boat, right!). INVESTORS, please note - this home is tenant occupied and the tenants would LOVE to stay. They pay $2, 400 per month in rent and their lease ends in June, but they would be happy to extend for a year (or few!).
Presented by SCOTT EHRKE at
RE MAX Success.
Property MLS #NS24038094 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $209,205 + $206,113 $415,318 | $4,655 |
2021 | $205,103 + $202,072 $407,175 | $4,575 |
2020 | $178,000 + $225,000 $403,000 | $4,513 |
2019 | $61,537 + $78,714 $140,251 | $1,579 |
2018 | $60,331 + $77,171 $137,502 | $1,558 |
2017 | $59,149 + $75,658 $134,807 | $1,465 |
2016 | $57,990 + $74,175 $132,165 | $1,436 |
2015 | $57,119 + $73,061 $130,180 | $1,430 |
2014 | $56,001 + $71,630 $127,631 | $1,381 |
2013 | $55,748 + $71,307 $127,055 | $1,379 |
2012 | $54,655 + $69,909 $124,564 | $1,352 |
2010 | $53,584 + $68,539 $122,123 | $1,320 |
2009 | $53,311 + $68,189 $121,500 | $1,337 |
2009 | $53,184 + $68,027 $121,211 | $1,337 |
2008 | $52,266 + $66,852 $119,118 | $1,306 |
2007 | $51,242 + $65,542 $116,784 | $1,286 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.