tomo logo

$669,000

Beds
1
Baths
0.75
sq ft
352

1198 4th St, Los Osos, CA 93402

1198 4th St

Los Osos, CA 93402

  • 4 days on market
    • Open house Feb 02
Discover this inviting Los Osos coastal cottage perfectly situated on a premium corner lot in Baywood Park! With incredible access to relaxing downtown dining, kayaking on Morro Bay, and hiking in the Elfin Forest, this location offers endless opportunities for a laid-back beach town lifestyle. For adventure seekers, mountain biking in Montana de Oro is just minutes away. The one-bedroom and one-bathroom residence, "Ohana," features laminate flooring, a cozy freestanding gas fireplace, vinyl windows, and a kitchen with butcher block countertops, stainless-steel appliances, and a breakfast bar. Complementing the home are three versatile outbuildings: "The Tree House," "Poppy," and "The Studio." These creative spaces can be re-imagined as a home office, yoga shala, art studio, or whatever inspires you. Featuring expansive concrete patios and wood decks, a soothing spa with a private outdoor shower, bocce court, and a children’s playhouse, the outdoor spaces provide a perfect backdrop for relaxation, gatherings, and making the most of the mild Pacific coastal climate. Make the dream of living on the Central Coast a reality today—where breathtaking natural beauty, a welcoming community, and a serene lifestyle come together in perfect harmony!

Details

Property type

Single Family Residence

Est. home value

$586,019

Lot size

3,125 sq ft

Price per sq ft

$1,901

Year built

1940

HOA

No

Price History

01/27/2025
CRMLS

CRMLS #SC25019519

Listed
$669,000
+32.48%
10/22/2021
CRMLS

CRMLS #SC21206096

Sold
$505,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing

High school district: 

San Luis Coastal Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$286,875
Asking price
$669,000
Closing costs (~8% of asking)
-$53,520
Est. remaining loan balance
-$328,605
Cash to seller
$286,875

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lenox Financial Mortgage Corp

Loan start date

November 2021

Original loan amount

$352,500

Est. remaining balance

$328,605

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Thomas M Meyer and Kimberly A Meyer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/30/2025 at 7:25 PM

Listing updated: 01/30/2025 at 12:15 PM

Listed by: David Campa, Richardson Sotheby's International Realty Phone #: (805) 781-6040

MLS: CRMLS #SC25019519

CRMLS logo

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