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241 Bridge Street

241 Bridge Street, San Luis Obispo, CA 93401
Property in San Luis Obispo
Sold Aug 20, 2021
$810,000
$688,500 by The Mortgage House
Mortgage Due Sep 01, 2051
Sold Jun 23, 2017
$730,000
$425,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2047
Local assessors in San Luis Obispo, CA have categorized 241 Bridge Street as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 1,562 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 241 Bridge Street has a total of 1,659 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 241 Bridge Street was last sold in Jul 13, 2021 for $810,000. According to our calculations, that's $488.25 per sqft. Prior to that sales transaction, the property was sold for $730,000 in Apr 5, 2017. Current property owners are expected to pay $8,498 in taxes per year. The property on 241 Bridge Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $810,000. To break that down further, the land itself was valued at $400,000. While improvements to the property were assessed at a total of $410,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,562
  • Total Building Area: 1,659
  • Gross Building Area: 1,659
  • Building Area: 1,659
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,659
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 2560 PHASE 2
  • Land Acres: 0.036
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: CY SLO TR 2560-2 LT 11

Ownership

  • Current Owner : SIDHU HERMAN SINGH
  • Current Owner 2: MUHAR RAMANJYOT KAUR
  • Previous Owner : MESSMANN FRANK
  • Previous Owner 2: MESSMANN JOLANDA
  • Owner Before Previous Owner: 215 BRIDGE STREET LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Luis Coastal Unified School District
  • Census Tract: 011103

Zoning

  • Zoning: R2

Geography

  • Subdivision Tract Number: 2560-2
  • Parcel: 004-812-011
  • Lot: 11
  • Municipality: CITY OF SAN LUIS OBISPO
  • Latitude: 35.2662
  • Longitude: -120.666

    Address

  • Full Address: 241 Bridge St
  • Address - House Number: 241
  • Address - Street Name: Bridge
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Luis Obispo
  • Carrier Code: C043
  • 4-Digit Zip Code: 5510
  • Zip Code: 93401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,498
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2057
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 72
  • Final Value: 908,773
  • High Value: 1,095,790
  • Low Value: 721,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $688,500
  • First Open Lien Mortgage Lender: THE MORTGAGE HOUSE
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Loan Amount: $688,500
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $810,000
  • Assessed Land Value: $400,000
  • Assessed Improvements Value: $410,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Transaction ID: 11850669962
  • Current Sale Price: $810,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021057891
  • Previous Sale Recording Date: Jun 23, 2017
  • Previous Sale Contract Date: Apr 05, 2017
  • Previous Sale Amount: $730,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE MORTGAGE HOUSE
  • First Mortgage Transaction Date: Aug 20, 2021
  • First Mortgage Loan Amount: $688,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 23, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $425,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 241 Bridge Street located in?
The 241 Bridge 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 241 Bridge Street?
The average sales price for units in 241 Bridge Street is $0 currently.

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