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1144 Palm Street

1144 Palm Street, San Luis Obispo, CA 93401
Property in San Luis Obispo
Sold Nov 02, 2012
$400,000
$150,000 by Educational Employees Cu
Mortgage
1144 Palm Street has been categorized by the local assessors in San Luis Obispo, CA as a residential type of property. The building on the property was first built in 1912 and is 112 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1144 Palm Street has 2,271 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,250 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 1, 2012 for $400,000. That's $176.13 per sqft. 1144 Palm Street was last assessed in 2023. The total value of the property was assessed at $293,000. Specifically, the land the property is located on was valued at $168,000. While improvements on the property were assessed at a total of $125,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,355. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 2,271
  • Gross Building Area: 2,271
  • Building Area: 2,271
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Residential
  • Subdivision: RANCHOS CANADA DE L
  • Land Acres: 0.189
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: CY SLO BL 32 PTN LTS 5 & 6

Ownership

  • Current Owner : WISE MICHAEL G
  • Current Owner 2: WISE JUDY A
  • Previous Owner : WISE MICHAEL G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: San Luis Coastal Unified School District
  • Census Tract: 011101

Zoning

  • Zoning: O

Geography

  • Parcel: 002-325-010
  • Block: 32
  • Lot: 5,6
  • Municipality: CITY OF SAN LUIS OBISPO
  • Latitude: 35.2842
  • Longitude: -120.66

    Address

  • Full Address: 1144 Palm St
  • Address - House Number: 1144
  • Address - Street Name: Palm
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Luis Obispo
  • Carrier Code: C004
  • 4-Digit Zip Code: 3114
  • Zip Code: 93401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,355
  • Tax Rate Code Area: 003-000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: EDUCATIONAL EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jun 05, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,000
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $125,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2012
  • Current Sale Recording Date: Nov 02, 2012
  • Current Sale Transaction ID: 1052783406
  • Current Sale Price: $400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012063592

    Last Sale Mortgage

  • First Mortgage Lender: SESLOC FCU
  • First Mortgage Transaction Date: Nov 02, 2012
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 01, 2042

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Frequently Asked Questions

What neighborhood is 1144 Palm Street located in?
The 1144 Palm Street is a located in the neighborhood of San Luis Obispo in San Luis Obispo, San Luis Obispo.
What is the average sales price for listings in 1144 Palm Street?
The average sales price for units in 1144 Palm Street is $0 currently.

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