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580 Lawrence Drive

580 Lawrence Drive, San Luis Obispo, CA 93401
Property in San Luis Obispo
Sold Mar 30, 2021
$825,000
$701,250 by Flagstar Bank Fsb
Mortgage Due Apr 01, 2051
Sold Jul 25, 2007
$465,000
$350,000 by Washington Mutual Bank Fa
Mortgage Due Aug 01, 2037
Local assessors in San Luis Obispo, CA have categorized 580 Lawrence Drive as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 4,475 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 580 Lawrence Drive has a total of 987 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Mar 5, 2021 for $825,000. That's $835.87 per sqft. Prior to that sales transaction, the property was also sold in Jul 10, 2007 for $465,000. 580 Lawrence Drive was last assessed in 2023. The total value of the property was assessed at $858,330. Specifically, the land the property is located on was valued at $598,230. While improvements on the property were assessed at a total of $260,100. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,831. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,475
  • Total Building Area: 987
  • Gross Building Area: 987
  • Building Area: 987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAUDILL
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CY SLO CAUD TR BL 3 PTN LT 2

Ownership

  • Current Owner : COKE SARAH
  • Current Owner 2: ROSS ANDREW
  • Previous Owner : DICICCO MATTHEW G
  • Previous Owner 2: DICICCO BRIA R
  • Owner Before Previous Owner: LAWRENCE SLO INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 004-941-026
  • Block: 3
  • Lot: 2
  • Municipality: CITY OF SAN LUIS OBISPO
  • Latitude: 35.2643
  • Longitude: -120.655

    Address

  • Full Address: 580 Lawrence Dr
  • Address - House Number: 580
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Luis Obispo
  • Carrier Code: C006
  • 4-Digit Zip Code: 5612
  • Zip Code: 93401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,831
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.2009
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 1,026,944
  • High Value: 1,233,288
  • Low Value: 820,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $701,250
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Loan Amount: $701,250
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $858,330
  • Assessed Land Value: $598,230
  • Assessed Improvements Value: $260,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Transaction ID: 11827462932
  • Current Sale Price: $825,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021024036
  • Previous Sale Recording Date: Jul 25, 2007
  • Previous Sale Contract Date: Jul 10, 2007
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Mar 30, 2021
  • First Mortgage Loan Amount: $701,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jul 25, 2007
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2037

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Frequently Asked Questions

What neighborhood is 580 Lawrence Drive located in?
The 580 Lawrence 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 580 Lawrence Drive?
The average sales price for units in 580 Lawrence Drive is $0 currently.

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