Check Availability

262 Hermosa Way

262 Hermosa Way, San Luis Obispo, CA 93405
Property in San Luis Obispo
Sold Nov 30, 2017
$925,000
$439,000 by Acquire Nortgage And Real Esta
Mortgage Due Jan 01, 2052
Sold Jul 27, 2005
$685,000
$600,000 by New Century Mortgage Corp
Mortgage Due Aug 01, 2035
262 Hermosa Way 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 1959 and is 65 years old. The home has a total of 5 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 262 Hermosa Way has 1,302 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 7,370 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. 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 C by the local assessor. The inside of the home is being cooled with no 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 262 Hermosa Way was last sold in Oct 6, 2017 for $925,000. According to our calculations, that's $710.45 per sqft. Prior to that sales transaction, the property was sold for $685,000 in Jun 14, 2005. Current property owners are expected to pay $10,496 in taxes per year. The property on 262 Hermosa Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,011,618. To break that down further, the land itself was valued at $688,995. While improvements to the property were assessed at a total of $322,623. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,370
  • Total Building Area: 1,302
  • Gross Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 127
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CY SLO TR 127 BL D LT 6

Ownership

  • Current Owner : LISS ROBERT P
  • Current Owner 2: LISS LAURA P
  • Previous Owner : COATES RANDOLPH
  • Owner Before Previous Owner: CANTELLA NORENE K
  • Owner Before Previous Owner 2: COATES NORENE K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: San Luis Coastal Unified School District
  • Census Tract: 011202

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 127
  • Parcel: 052-475-013
  • Block: D
  • Lot: 6
  • Municipality: CITY OF SAN LUIS OBISPO
  • Latitude: 35.2906
  • Longitude: -120.681

    Address

  • Full Address: 262 Hermosa Way
  • Address - House Number: 262
  • Address - Street Name: Hermosa
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Luis Obispo
  • Carrier Code: C017
  • 4-Digit Zip Code: 1512
  • Zip Code: 93405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,496
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,221,779
  • High Value: 1,470,282
  • Low Value: 973,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,000
  • First Open Lien Mortgage Lender: ACQUIRE NORTGAGE AND REAL ESTA
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $439,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,011,618
  • Assessed Land Value: $688,995
  • Assessed Improvements Value: $322,623

    Sales

  • Current Sale Contract Date: Oct 06, 2017
  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Transaction ID: 11325373073
  • Current Sale Price: $925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017054923
  • Previous Sale Recording Date: Jul 27, 2005
  • Previous Sale Contract Date: Jun 14, 2005
  • Previous Sale Amount: $685,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT SAVINGS BANK FSB
  • First Mortgage Transaction Date: Nov 30, 2017
  • First Mortgage Loan Amount: $555,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 27, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About San Luis Obispo



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 627 Branch Street, San Luis Obispo, CA, 93401

$1,650 /mo

  • Studio
  • 1 Bath
627 Branch Street #627 Branch Street A, San Luis Obispo, CA, 93401 Listing by Manager
Unit for rent at 623-683 Perkins Lane, San Luis Obispo, CA, 93401

$1,595 /mo

  • 1 Bed
  • 1 Bath
623-683 Perkins Lane #631 Perkins, San Luis Obispo, CA, 93401 Listing by Manager

Frequently Asked Questions

What neighborhood is 262 Hermosa Way located in?
The 262 Hermosa Way 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 262 Hermosa Way?
The average sales price for units in 262 Hermosa Way is $0 currently.

Quantcast