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1511 Broad Street

1511 Broad Street, San Luis Obispo, CA 93401
Property in San Luis Obispo
Refi Oct 23, 2015
Transfer
$120,000 by Rabobank Na
Mortgage Due Nov 01, 2030
Local assessors in San Luis Obispo, CA have categorized 1511 Broad Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 4,518 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 2 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1511 Broad Street has a total of 1,304 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 1511 Broad Street was last assessed in 2023. The total value of the property was assessed at $164,264. Specifically, the land the property is located on was valued at $109,004. While improvements on the property were assessed at a total of $55,260. 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 $1,704. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,518
  • Total Building Area: 1,304
  • Gross Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MRY CH ADD
  • Land Acres: 0.104
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: CY SLO MRY CH ADD PTN BL 92

Ownership

  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Luis Coastal Unified School District
  • Census Tract: 011105

Zoning

  • Zoning: R2

Geography

  • Parcel: 003-532-021
  • Block: 92
  • Municipality: CITY OF SAN LUIS OBISPO
  • Latitude: 35.2755
  • Longitude: -120.662

    Address

  • Full Address: 1511 Broad St
  • Address - House Number: 1511
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Luis Obispo
  • Carrier Code: C050
  • 4-Digit Zip Code: 4301
  • Zip Code: 93401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,704
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 779,907
  • High Value: 954,196
  • Low Value: 605,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: RABOBANK NA
  • First Open Lien Mortgage Recording Date: Oct 23, 2015
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,264
  • Assessed Land Value: $109,004
  • Assessed Improvements Value: $55,260

About San Luis Obispo



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1511 Broad Street located in?
The 1511 Broad 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 1511 Broad Street?
The average sales price for units in 1511 Broad Street is $0 currently.

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