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416 Corrida Drive

416 Corrida Drive, San Luis Obispo, CA 93401
Property in San Luis Obispo
Sold Jul 28, 2021
$895,000
$671,250 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2051
Sold Mar 15, 2001
Transfer
416 Corrida Drive 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 1980 and is 44 years old. The home has a total of 6 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, 416 Corrida Drive has 1,710 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

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. Moving on to the building itself. The condition of the building has been evaluated as excellent. 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 roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of wood siding. 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. 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, 416 Corrida Drive sold most recently in Jul 15, 2021 for a total of $895,000. If you work out the math, that's approximately a cost of $523.39 per sqft. 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 $9,471 in taxes each year. 416 Corrida Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $912,900. If we break it down further, the land itself was valued at $561,000. Improvements to the property, however, were assessed at a total of $351,900. The property's total assessed value has been marked as more than the total market value 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.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: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,710
  • Gross Building Area: 1,710
  • Building Area: 1,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,710
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EXPOSITION PARK
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CY SLO TR 736 LT 40

Ownership

  • Current Owner : BORGER MICHAEL
  • Current Owner 2: BANTA ROXANNE
  • Previous Owner : RICE ANNE M
  • Owner Before Previous Owner: VA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 736
  • Parcel: 004-822-042
  • Lot: 40
  • Municipality: CITY OF SAN LUIS OBISPO
  • Latitude: 35.2672
  • Longitude: -120.662

    Address

  • Full Address: 416 Corrida Dr
  • Address - House Number: 416
  • Address - Street Name: Corrida
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Luis Obispo
  • Carrier Code: C044
  • 4-Digit Zip Code: 5530
  • Zip Code: 93401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,471
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2001
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,087,419
  • High Value: 1,305,040
  • Low Value: 869,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $671,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Loan Amount: $671,250
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $912,900
  • Assessed Land Value: $561,000
  • Assessed Improvements Value: $351,900

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11845204865
  • Current Sale Price: $895,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021053136
  • Previous Sale Recording Date: Mar 15, 2001
  • Previous Sale Contract Date: Mar 07, 2001
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $671,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 416 Corrida Drive located in?
The 416 Corrida 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 416 Corrida Drive?
The average sales price for units in 416 Corrida Drive is $0 currently.

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