When was property at 506 High Street built and last sold?

The property at 506 High Street was built in 2022 and last sold on Jun 10, 2021 for $1,075,000.

How much is this home worth?

The estimated value of the home located at 506 High Street is $506,061.

What are some comparable homes to 506 High Street?

There are currently no comparable homes to 506 High Street.

San Luis Obispo

93401

506 High Street

1 / 4

Map

$561,601*

● House - Off Market

506 High Street

San Luis Obispo, CA 93401

2 Beds

1 Bath

941 Sqft

$450,000 - $548,000

Reference Base Price*

12.55%

Since Nov 1, 2021

National-US

Primary Model

Sold Oct 25, 2022

$1,075,000

Lovejoy Tracy L

Buyer

Halsey & Halsey Llc

Seller

$735,000 by Coastal Funding Slc Inc

Mortgage Due Nov 01, 2052

Sold Jan 05, 2021

$460,000

Halsey & Halsey Llc

Buyer

Premier Real Estate Investments Llc

Seller

$549,400 by Lendinghome Funding Corp

Mortgage

About This Property

This home is perfect for an investor or contractor. As-is sale. The house is down to the studs. Zoned R-2! This home sits on one of the more oversized lots in the area. Nice creek on the west side. Seller also has plans that are being reviewed by the city.

The manager has listed the unit size as 941 square feet.

Unit Size

941Ft²

Days on Market

Land Size

0.15 acres

Price per sqft

$530

Property Type

House

Property Taxes

HOA Dues

Year Built

2022

Price History

Date / Event	Date	Event
Oct 25, 2022	Sold to Tracy L Lovejoy	$1,075,000
Sold to Tracy L Lovejoy
Oct 6, 2021	No longer available	-
No longer available
Jan 5, 2021	Sold	$460,000
Sold
Nov 8, 2020	In contract	-
In contract
Oct 23, 2020	Relisted	$499,000
Relisted
Oct 15, 2020	In contract	-
In contract
Sep 22, 2020	Listed	$499,000
Listed
May 15, 2019	No longer available	-
No longer available
Oct 8, 2018	Listed	$535,000
Listed

	A contractor's dream! Centrally located in a desirable SLO neighborhood. Close to schools, shopping and great restaurants. This property is ready for you to use your imagination and creativity! Current home can be torn down and a duplex could possibly be built on large lot. Buyer to verify with building and planning department. The manager has listed the unit size as 941 square feet.

Property Highlights

Building Info

Overview

General

Year Built: 2022

Building Count: 1
Total Rooms: 9
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Quality: C
Construction Type: Wood
Floor Count: 2
Living Units: 1
Basement Area: 0
Garage Type: Garage
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 6,650

Total Building Area: 1,847
Gross Building Area: 1,847
Building Area: 1,847
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Forced air unit
Heated Square Feet: 1,847
Heating Fuel Type: unknown

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: MRY CH ADD
Land Acres: 0.153
Standard Land Use Code: Single family residential
Legal Description 1: CY SLO MRY CH ADD PTN BL 126 & PTN ABD ST

Ownership

Current Owner : LOVEJOY TRACY L

Previous Owner : HALSEY & HALSEY LLC
Owner Before Previous Owner: PREMIER REAL ESTATE INVESTMENTS LLC
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: unknown

Neighborhood

School District Name: San Luis Coastal Unified School District

Census Tract: 011105

Zoning

Zoning: R2

Geography

Parcel: 003-626-012

Block: 126
Municipality: CITY OF SAN LUIS OBISPO
Latitude: 35.2724
Longitude: -120.661

Address

Full Address: 506 High St

Address - House Number: 506
Address - Street Name: High
Address - Suffix Type: St
State: CA
City Name: San Luis Obispo
Carrier Code: C023
4-Digit Zip Code: 5129
Zip Code: 93401

Valuation

Tax

Tax Year: 2022

Tax Amount: $5,160
Intital Tax Deliquent Year: 2020
Tax Rate Code Area: 003-000

Appraisal Valuation

Standard Deviation: 0.2026

Valuation Date: Jul 26, 2023
Confidence Score: 72
Final Value: 995,317
High Value: 1,196,973
Low Value: 793,660

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $735,000
First Open Lien Mortgage Lender: COASTAL FUNDING SLC INC
First Open Lien Mortgage Recording Date: Oct 25, 2022
First Open Lien Mortgage Loan Amount: $735,000
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: Nov 01, 2052

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,075,000
Assessed Land Value: $575,000
Assessed Improvements Value: $500,000

Sales

Current Sale Contract Date: Jun 10, 2021

Current Sale Recording Date: Oct 25, 2022
Current Sale Transaction ID: 11897936052
Current Sale Price: $1,075,000
Current Sale Document Type: Grant Deed
Current Sale Input Document Number: 42491
Previous Sale Recording Date: Jan 05, 2021
Previous Sale Contract Date: Nov 19, 2020
Previous Sale Amount: $460,000
Previous Sale Document Type: Grant Deed

Last Sale Mortgage

First Mortgage Lender: COASTAL FUNDING SLC INC

First Mortgage Transaction Date: Oct 25, 2022
First Mortgage Loan Amount: $735,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Nov 01, 2052

Previous Mortgages

Previous Mortgage Lender: LENDINGHOME FUNDING CORP

Previous Mortgage Transaction Date: Jan 05, 2021
Previous Mortgage Loan Amount: $549,400
Previous Mortgage Term: 360
Previous Mortgage Loan Type: Building or Construction Loan

Redact Ownership Info

Comparables

2475 Victoria Avenue #201

Active

Condo

1 Bed

1 Bath

998 ft²

$581/ft²

$580,000 Aug 11, 2023

$484/mo

About San Luis Obispo

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$612

Below Asking

0.02%

Average Days on Market

Average Home Size

1588 ft²

Average Home Age

30.5 years

Currently For Sale

14 Listings

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506 High Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About San Luis Obispo

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions