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947 Lobelia Lane

947 Lobelia Lane, San Luis Obispo, CA 93401
Sold Sep 27, 2019
$675,000
$520,000 by Flagstar Bank Fsb
Mortgage Due Oct 01, 2049
Sold May 07, 2004
$525,000
$109,000 by Tcs Mortgage Inc
Mortgage Due Jun 01, 2034
947 Lobelia Lane in San Luis Obispo, CA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 947 Lobelia Lane has 1,350 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 947 Lobelia Lane sold most recently in Sep 4, 2019 for a total of $675,000. If you work out the math, that's approximately a cost of $500.00 per sqft. Before that, the property was also sold for $525,000 in Apr 14, 2004. 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 $7,362 in taxes each year. The initial year of tax delinquency occurred in 2023. 947 Lobelia Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $709,543. If we break it down further, the land itself was valued at $446,750. Improvements to the property, however, were assessed at a total of $262,793. The property's total assessed value has been marked as more than the total market value 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.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.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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: 6,098
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 929 UN 05
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CY SLO TR 929 U 5 & U 6 LT 95

Ownership

  • Current Owner : HERALDO STEPHEN JAMES
  • Previous Owner : TAKKEN MEREDITH RENARD
  • Owner Before Previous Owner: COLOMBO KAREN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Luis Coastal Unified School District
  • Census Tract: 011505

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 929
  • Parcel: 053-085-015
  • Lot: 95
  • Municipality: CITY OF SAN LUIS OBISPO
  • Latitude: 35.2509
  • Longitude: -120.638

    Address

  • Full Address: 947 Lobelia Ln
  • Address - House Number: 947
  • Address - Street Name: Lobelia
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: San Luis Obispo
  • Carrier Code: C045
  • 4-Digit Zip Code: 7619
  • Zip Code: 93401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,362
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 975,616
  • High Value: 1,144,813
  • Low Value: 806,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Sep 27, 2019
  • First Open Lien Mortgage Loan Amount: $520,000
  • 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: Oct 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $709,543
  • Assessed Land Value: $446,750
  • Assessed Improvements Value: $262,793

    Sales

  • Current Sale Contract Date: Sep 04, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11659610200
  • Current Sale Price: $675,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019041209
  • Previous Sale Recording Date: May 07, 2004
  • Previous Sale Contract Date: Apr 14, 2004
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: TCS MORTGAGE INC
  • Previous Mortgage Transaction Date: May 07, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $109,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2034

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Frequently Asked Questions

What neighborhood is 947 Lobelia Lane located in?
The 947 Lobelia Lane is a house located in the neighborhood of San Luis Obispo in San Luis Obispo, San Luis Obispo.
What is the average sales price for listings in 947 Lobelia Lane?
The average sales price for units in 947 Lobelia Lane is $0 currently.

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