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1737 Oceanaire Drive

1737 Oceanaire Drive, San Luis Obispo, CA 93405
Property in San Luis Obispo
Sold Aug 02, 2019
$705,000
$564,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2049
Sold Apr 14, 2017
$625,000
$424,200 by Wells Fargo Bank Na
Mortgage Due May 01, 2032
1737 Oceanaire Drive in San Luis Obispo, CA was first built in 1961 and is 63 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1737 Oceanaire Drive has 1,848 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1737 Oceanaire Drive sold most recently in Jul 8, 2019 for a total of $705,000. If you work out the math, that's approximately a cost of $381.49 per sqft. Before that, the property was also sold for $625,000 in Mar 2, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,689 in taxes each year. 1737 Oceanaire Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $741,078. If we break it down further, the land itself was valued at $420,470. Improvements to the property, however, were assessed at a total of $320,608. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 169
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CY SLO TR 169 BL D LT 10

Ownership

  • Current Owner : REIS ERIC W
  • Current Owner 2: REIS JENNIFER A
  • Previous Owner : ZUNINO VINCENT C
  • Previous Owner 2: DOWNEND DIANE M
  • Owner Before Previous Owner: SOARES DENNIS P
  • Owner Before Previous Owner 2: SOARES JANET R

Neighborhood

  • School District Name: San Luis Coastal Unified School District
  • Census Tract: 011300

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 169
  • Parcel: 004-622-010
  • Block: D
  • Lot: 10
  • Municipality: CITY OF SAN LUIS OBISPO
  • Latitude: 35.258
  • Longitude: -120.684

    Address

  • Full Address: 1737 Oceanaire Dr
  • Address - House Number: 1737
  • Address - Street Name: Oceanaire
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Luis Obispo
  • Carrier Code: C021
  • 4-Digit Zip Code: 6824
  • Zip Code: 93405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,689
  • Tax Rate Code Area: 003-005

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,004,166
  • High Value: 1,204,845
  • Low Value: 803,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $564,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2019
  • First Open Lien Mortgage Loan Amount: $564,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $741,078
  • Assessed Land Value: $420,470
  • Assessed Improvements Value: $320,608

    Sales

  • Current Sale Contract Date: Jul 08, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Transaction ID: 11633552969
  • Current Sale Price: $705,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019031477
  • Previous Sale Recording Date: Apr 14, 2017
  • Previous Sale Contract Date: Mar 02, 2017
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 02, 2019
  • First Mortgage Loan Amount: $564,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 14, 2017
  • Previous Mortgage Loan Amount: $424,200
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2032

About San Luis Obispo



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1737 Oceanaire Drive located in?
The 1737 Oceanaire Drive 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 1737 Oceanaire Drive?
The average sales price for units in 1737 Oceanaire Drive is $0 currently.

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