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$1,250,000

Beds
3
Baths
2.5
sq ft
1,991

585 Branch St, San Luis Obispo, CA 93401

585 Branch St

San Luis Obispo, CA 93401

  • 17 days on market
This stunning three-bedroom, two-and-a-half-bath home is nestled near the Railroad District, just a stone's throw from the vibrant heart of downtown SLO. Step inside to discover an open-concept floor plan that combines style, functionality, and comfort. The spacious gourmet kitchen boasts sleek granite countertops, a large center island, and high-end appliances, all overlooking the expansive living area. Natural light floods the space, highlighting the beautiful flooring and a cozy fireplace with a custom surround. Upstairs, you'll find two generously sized guest bedrooms, a beautifully appointed hall bathroom, and a luxurious master suite with a walk-in shower, double vanity, and ample closet space. A dedicated laundry room with granite counters and a convenient sink is located just off the hallway, adding extra convenience for everyday living. The large upstairs entertaining balcony is perfect for unwinding, offering sweeping views of Cerro San Luis to the North. Outside, the professionally landscaped yard is an entertainer's dream, featuring expansive views of Meadow Park and a serene patio area. This home also includes an owned 4.8kW solar system, ensuring energy efficiency, as well as a brand-new AC system to keep you comfortable year-round. This home offers the perfect blend of modern living, sustainability, and unbeatable location a true gem in San Luis Obispo!

Details

Property type

Single Family Residence

Est. home value

$1,197,680

Lot size

4,776 sq ft

Price per sq ft

$628

Year built

2019

HOA

No

Price History

03/20/2025
CLAW

CLAW #25513999

Listed
$1,250,000
+54.32%
04/16/2021
CRMLS

CRMLS #PI20260715

Sold
$810,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$704,034
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$445,966
Cash to seller
$704,034

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2021

Original loan amount

$486,000

Est. remaining balance

$445,966

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Michael Cody and Shelby Lynne Walters Cody

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: 04/06/2025 at 11:25 PM

Listing updated: 04/04/2025 at 10:26 AM

Listed by: Nicholas Corpuz, Keller Williams Larchmont Phone #: (323) 762-2600

MLS: CLAW #25513999

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