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Sold for $620,000 on 06/11/24
  • Listing Provided by: 

    Scott Ehrke DRE #01012637 805-391-0509,

    RE/MAX Success

    Bought with: Home & Ranch Sotheby's Intl
    $620,000

    2029 Pine St, Paso Robles, CA 93446

    3beds
    1,230sqft
    Single Family Residence
    Built in 1944
    0.26 Acres Lot
    $635,800 Zestimate®
    $504/sqft
    $3,140 Estimated rent

    Home value

    $635,800

    $579,000 - $699,000

    $3,140/mo

    Zestimate® history
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    What's special

    WESTSIDE PASO ROBLES INVESTMENT OPPORTUNITY! You're sure to love this charming bungalow, sitting on an elevated 1/4 acre just blocks from dozens of eateries and wine tasting rooms in downtown Paso Robles! This vintage residence is not only full of character, but also many tasteful and modern updates! You'll find recent vinyl dual-pane windows, luxury vinyl plank 'wood' floors, upgraded doors, hardware and baseboards, quartz counters atop newer cabinets, stainless appliances, custom tilework backsplash and shower surround and even modern central HVAC. Sure, at nearly 80 years old, it has its quirky features, like the missing closets in 2 of the 3 bedrooms, or the space saving 'powder laundry' where you can do your laundry and other important business very efficiently at the same time! But the positives like the HUGE covered front porch sitting high above the street level make the quirks work! Now for the BONUS ROUND, because there is a lot more to this offering than just a charming old home close to downtown Paso. The 1/4 acre parcel is zoned T4-N, and has plenty of room for added opportunity. For example, this sale includes turn-key, ready to go building plans for two additional units - with city construction permits ready to pick up! You could start construction on a duplex on the back of this parcel upon close of escrow. Engineering - done. Design work - done. Final permit fees - nope, not yet (that one is on you). Instead of spending months of your life in design, engineering and planning, you can spend it doing things you like more like wine tasting, attending sporting events... and of course world travel ;). Plus, it is in a Federally designated 'Opportunity Zone'! (Google it - it's a BIG DEAL if you plan to develop additional units and like tax savings)! If you're not into multi-family units and collecting rent checks, maybe you could utilize the oversized lot for building a shop/garage for your automotive or business interests, or even developing your own private 9 hole mini-golf course (whatever floats your boat, right!). INVESTORS, please note - this home is tenant occupied and the tenants would LOVE to stay. They pay $2,400 per month in rent, and their lease ends in June, but they would be happy to extend for a year (or few!).

    Zillow last checked: 8 hours ago

    Listing updated: June 12, 2024 at 02:43pm

    Listing Provided by:

    Scott Ehrke DRE #01012637 805-391-0509,

    RE/MAX Success

    Bought with:

    David Crabtree, DRE #01092187

    Home & Ranch Sotheby's Intl

    Source: CRMLS,MLS#: NS24038094MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Range, Microwave
    • Laundry: Inside
    Features
    • Block Walls, Separate/Formal Dining Room, All Bedrooms Down
    • Flooring: Carpet, See Remarks, Tile, Vinyl
    • Windows: Double Pane Windows, Skylight(s)
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,230 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Patio & porch: Covered
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Hills, Neighborhood
    Lot
    • Size: 0.26 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 008228017
    • Zoning: T4N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1944

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Paso Robles
    • Subdivision: Pr City Limits West(120)

    Other

    Other facts
    • Listing terms: 1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/11/2024Sold$620,000$504/sqft
    Source: CRMLS #NS24038094
    6/7/2024Pending sale$620,000$504/sqft
    Source: CRMLS #NS24038094
    5/14/2024Contingent$620,000$504/sqft
    Source: CRMLS #NS24038094
    5/2/2024Price change$620,000-4.6%$504/sqft
    Source: CRMLS #NS24038094
    2/24/2024Listed for sale$650,000+64.1%$528/sqft
    Source: CRMLS #NS24038094

    Public tax history

    YearProperty taxesTax assessment
    2025$7,003 +45.8%$632,400 +46.4%
    2024$4,804 +1.7%$432,095 +2%
    2023$4,725 +1.5%$423,624 +2%

    Find assessor info on the county website

    Neighborhood: 93446

    Nearby schools

    GreatSchools rating
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    $635,800
    2% more+ $12,716
    With Zillow Showcase(estimated)
    $648,516