862 Toro St San Luis Obispo, CA 93401

$875,000 Sold Price as of 08/30/2018

3 Beds
2 Baths
1,064 Sq.Ft.

Off Market

$875,000 Sold Price as of 08/30/2018 Refinance Your Mortgage

Map preview of 862 Toro St, San Luis Obispo, CA 93401

Property Overview: 862 Toro St San Luis Obispo, CA has 3 bedrooms, 2 bathrooms, 1,064 living square feet and 4,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

862 Toro 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 $1,299,000. The median price per/sqft for San Luis Obispo is $651. 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 $259,800 for the down payment and will need roughly $25,980 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 $52,500. 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 862 Toro St

Last sold for $875,000 on August 30th, 2018

August, 2018
Aug 31, 2018

Date

Sold

CRMLS: SP18140224

$875,000

Price
Aug 7, 2018

Date

Pending

CRMLS: SP18140224

$875,000

Price
Jul 18, 2018

Date

Active Under Contract

CRMLS: SP18140224

$875,000

Price
Jul 18, 2018

Date

Pending

CRMLS: SP18140224

$875,000

Price
Jun 27, 2018

Date

Active Under Contract

CRMLS: SP18140224

$875,000

Price
Jun 27, 2018

Date

Active

CRMLS: SP18140224

$875,000

Price
Jun 19, 2018

Date

Pending

CRMLS: SP18140224

$875,000

Price
Jun 13, 2018

Date

Active

CRMLS: SP18140224

$875,000

Price
Listing provided courtesy of CRMLS

Don’t miss the chance to own this completely remodeled downtown bungalow in a prime location just off Mill Street. This turn key 3 bed 2 bath one story main home is just seconds away to downtown close to shopping, restaurants, and historic center of downtown SLO. Features of this home include open floor plan, gas fireplace, private low maintenance back yard and so much more! Make it your dream home or capitalize on this great investment. There is a detached studio which would be great for Inlaws or take advantage of the strong rental market with rental income.

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August, 2018
Aug 31, 2018

Date

Sold

CRMLS: SP18140274

$875,000

Price
Aug 10, 2018

Date

Pending

CRMLS: SP18140274

$875,000

Price
Aug 10, 2018

Date

Active

CRMLS: SP18140274

$875,000

Price
Listing provided courtesy of CRMLS

Don't miss out on your chance to own this completely renovated downtown Spanish Bungalow. This property includes two detached units in the heart of downtown situated perfectly in between downtown and cal poly. Main unit is a turn key single level 3 bedroom 2 bath with a detached studio with gas range and open floorplan. Both units have been recently renovated and are move in ready! This is your opportunity to own a piece of downtown SLO and benefit from the strong rental market. Live in one and rent out the other or simply enjoy the investments opportunity.

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August, 2018
Aug 30, 2018

Date

Sold (Public Records)

Public Records

$875,000

Price
September, 2017
Sep 18, 2017

Date

Sold

CRMLS: SP17210137

$551,000

Price
Sep 12, 2017

Date

Pending

CRMLS: SP17210137

$525,000

Price
Sep 11, 2017

Date

Active

CRMLS: SP17210137

$525,000

Price
Listing provided courtesy of CRMLS

This Downtown Spanish Bungalow is ripe for renovations. Make it your dream home or capitalize on the investment potential. In addition to 3 bedrooms and 2 bathrooms, it has a walk score of 92, historic charm, and a view of Cerro San Luis. The detached two-car-garage has been converted to living space and has a half bath. ***NOTE: Contractor Special! This home is partially deconstructed for renovation and likely won't qualify for financing. Ask your real estate agent to obtain a copy of reports on file. Broker advises viewing from the exterior only due to trip hazard of exposed subfloor.

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September, 2017
Sep 18, 2017

Date

Sold (Public Records)

Public Records

$551,000

Price

Tax History for 862 Toro St

Assessed Value (2020): $892,500

Year	Land Value	Improved Value	Assessed Value
2020	$612,000	$280,500	$892,500

About 862 Toro St

Detailed summary of property

862 Toro St is categorized with a use code of Multi-Family Dwellings (Generic, Any Combination 2+) in San Luis Obispo, CA 93401 and last sold on August 30, 2018 for $875,000. This property has 3 bedrooms, 2 bathrooms, roughly 1,064 living square feet, and sits on an approximately 4,750 square foot lot. Homes in San Luis Obispo are selling for a median price of $1,050,000 and a median price per square foot of $602. Based on Ardent Real Estate Group's San Luis Obispo Market Data, this home is sold 16.67% lower than the current median priced home. 862 Toro St was last sold on August 30, 2018 for $875,000. Local nearby listings include 2829 Mandeville Canyon Rd, 2286 Canyonback Rd and 2774 Mandeville Canyon Rd. The average home in San Luis Obispo, CA is selling in 44 days. There are currently 112 homes for sale in the San Luis Obispo real estate market and 97 of them are single family homes while 14 of them are condos and 1 are townhomes. If you are the homeowner and looking to sell the home at 862 Toro 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 862 Toro St

Public county record property details

Beds: 3
Baths: 2
Year built: 1935
Sq. Ft.: 1,064
Lot Size: 4,750
Stories: --

Type: Multi-Family Dwellings (Generic, Any Combination 2+)
Pool: No
Spa: No
County: San Luis Obispo
Lot#: --
APN: 001-221-002

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

$1,299,000

Median List Price/Sq.Ft.

$683

Median Sold Price

$1,140,000

Median Sold Price/Sq.Ft.

$600

Total Inventory

Median Sale to List Price %

105.07%

Avg Days on Market

Loan Type

Conventional (29.17%), FHA (0%), VA (4.17%), Cash (33.33%), Other (33.33%)

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(714) 706-1823

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