tomo logo

$850,000

Beds
2
Baths
2.5
sq ft
1,591

1490 Descanso St Unit 3, San Luis Obispo, CA 93405

1490 Descanso St Unit 3

San Luis Obispo, CA 93405

  • 42 days on market
    • Price drop $15,000↓
Price Reduction! Exceptional Value in Desirable Laguna Linda - And Solar Too!Picture yourself living in this sunny 2-bedroom, 2.5-bath single-family home in the heart of the sought-after Laguna Linda development! With a recent price reduction, this beautifully updated home will make you feel like you're on vacay every day!Recent renovations have elevated this home with fresh interior paint, stylish newer lighting, upgraded flooring, modern cabinet hardware, and elegant shutters throughout. It's move-in ready, easy to maintain, and exudes charm.Head into the expansive living room, where a cozy fireplace, built-in bookshelves, and ample storage create the perfect ambiance for both relaxation and entertaining. The large dining room effortlessly flows into a private backyard deck, providing a great space for outdoor dining and gatherings around the mature lemon tree.The well-appointed kitchen offers generous cabinet and counter space, and a layout that's ready for your culinary creativity. Upstairs, the oversized master suite treats you to breathtaking views of the Irish Hills, while the spacious guest bedroom showcases stunning vistas of Cerro San Luis and Bishop Peak.Nestled in a meticulously maintained community with low HOAs, this home also features leased solar, offering long-term energy savings.With the price reduction, don't miss this exceptional opportunity! Schedule your tour today.

Details

Property type

Est. home value

$839,695

Lot size

2,936 sq ft

Price per sq ft

$535

Year built

1986

Monthly HOA fee

$240

Price History

03/17/2025
FresnoMLS

FresnoMLS #625790

Price change
$850,000
-1.73%
02/21/2025
FresnoMLS

FresnoMLS #625790

Listed
$865,000
+28.72%
11/05/2021
CRMLS

CRMLS #SC21136053

Sold
$672,000

Schools & Community

Elementary school: 

C.L Smith

Middle school: 

Laguna

High school: 

San Luis Obispo

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

$193,559
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$588,441
Cash to seller
$193,559

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

September 2021

Original loan amount

$638,400

Est. remaining balance

$588,441

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Jennifer Peracchi Harmon and David Harmon

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?

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Status: Active

Tomo last checked: 04/04/2025 at 2:55 AM

Listing updated: 03/20/2025 at 7:30 PM

Listed by: Cara Peracchi Douglas, London Properties, Ltd.

MLS: FresnoMLS #625790

FresnoMLS logo

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