2845 Broad St San Luis Obispo, CA 93401

$1,250,000 Sold Price as of 04/23/2018

2 Beds
2 Baths
1,162 Sq.Ft.

Off Market

$1,250,000 Sold Price as of 04/23/2018 Refinance Your Mortgage

Map preview of 2845 Broad St, San Luis Obispo, CA 93401

Property Overview: 2845 Broad St San Luis Obispo, CA has 2 bedrooms, 2 bathrooms, 1,162 living square feet and 12,407 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2845 Broad St is currently an off market home in the city of San Luis Obispo. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of San Luis Obispo has a median list price of $1,095,000. The median price per/sqft for San Luis Obispo is $650. With those numbers in mind, if you are looking to purchase a median priced home in San Luis Obispo, CA and put 20% down you will need to save up $219,000 for the down payment and will need roughly $21,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in San Luis Obispo the commission could be as much as $49,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2845 Broad St

Last sold for $1,250,000 on April 23rd, 2018

April, 2018
Apr 23, 2018

Date

Sold

CRMLS: SP17246527

$1,225,000

Price
Apr 9, 2018

Date

Pending

CRMLS: SP17246527

$1,400,000

Price
Mar 31, 2018

Date

Active

CRMLS: SP17246527

$1,400,000

Price
Mar 12, 2018

Date

Pending

CRMLS: SP17246527

$1,400,000

Price
Mar 1, 2018

Date

Active

CRMLS: SP17246527

$1,400,000

Price
Feb 21, 2018

Date

Pending

CRMLS: SP17246527

$1,400,000

Price
Feb 12, 2018

Date

Active

CRMLS: SP17246527

$1,400,000

Price
Jan 23, 2018

Date

Active Under Contract

CRMLS: SP17246527

$1,400,000

Price
Jan 13, 2018

Date

Active

CRMLS: SP17246527

$1,400,000

Price
Jan 12, 2018

Date

Hold

CRMLS: SP17246527

$1,400,000

Price
Jan 11, 2018

Date

Active

CRMLS: SP17246527

$1,400,000

Price
Dec 20, 2017

Date

Pending

CRMLS: SP17246527

$1,400,000

Price
Oct 29, 2017

Date

Active

CRMLS: SP17246527

$1,400,000

Price
Listing provided courtesy of CRMLS

5-PLEX - Homes & Apts. Great Investment Opportunity. 2 small homes & Triplex on well-located Corner Lot (Broad & Lawrence St). Plenty of parking. Leases are below market due to long tenancy ... BUT ...mostly Month-to-Month! Owner-manager lives in 2845-1/2 Broad (2 bed, 2 bath, 1375 sq ft Home) above a 3 car garage with one garage space available for Second home (2845 Broad: a 2 bedrm, 1 bath home -- in MIDST OF REMODEL !! No tenant now, many new materials ready to be installed for a new owner to finish). The Triplex is a separate set of apartment units, on same APN, that front on 699 Lawrence St; with own driveway. Thus, the complex sits on the Corner Lot of Broad & Lawrence. All units have own green yards. A Great location between SLO Downtown & Airport, on Broad Street. Estimated 'Market rents' (from rental appraisal): approx $8400 per month. Great property to Own/Live and FOUR separate units to rent for income ! Being a 5-Plex, will require Commercial Loan. Really motivated sellers!

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April, 2018
Apr 23, 2018

Date

Sold (Public Records)

Public Records

$1,250,000

Price
October, 2007
Oct 18, 2007

Date

Sold (Public Records)

Public Records

$500,000

Price

Tax History for 2845 Broad St

Assessed Value (2020): $1,300,500

Year	Land Value	Improved Value	Assessed Value
2020	$624,240	$676,260	$1,300,500

About 2845 Broad St

Detailed summary of property

2845 Broad St is categorized with a use code of Apartment House (5+ Units) in San Luis Obispo, CA 93401 and last sold on April 23, 2018 for $1,250,000. This property has 2 bedrooms, 2 bathrooms, roughly 1,162 living square feet, and sits on an approximately 12,407 square foot lot. Homes in San Luis Obispo are selling for a median price of $995,000 and a median price per square foot of $626. Based on Ardent Real Estate Group's San Luis Obispo Market Data, this home is sold 25.63% higher than the current median priced home. 2845 Broad St was last sold on April 23, 2018 for $1,250,000. Local nearby listings include 2322 Canyonback Rd, 2839 Mandeville Canyon Rd and 2253 Canyonback Rd. The average home in San Luis Obispo, CA is selling in 46 days. There are currently 113 homes for sale in the San Luis Obispo real estate market and 87 of them are single family homes while 22 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 2845 Broad St San Luis Obispo, CA 93401 contact Ardent Real Estate Group and we will put you in touch with one of our San Luis Obispo agents.

Public Facts for 2845 Broad St

Public county record property details

Beds: 2
Baths: 2
Year built: 1963
Sq. Ft.: 1,162
Lot Size: 12,407
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: San Luis Obispo
Lot#: --
APN: 004-942-034

The source for these homes facts are from public records.

93401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,125,000

Median List Price/Sq.Ft.

$667

Median Sold Price

$905,250

Median Sold Price/Sq.Ft.

$639

Total Inventory

Median Sale to List Price %

95.39%

Avg Days on Market

Loan Type

Conventional (43.75%), FHA (0%), VA (0%), Cash (21.88%), Other (34.38%)

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