NOT LISTED FOR SALE

50300 Adobe Place Lockwood, CA 93932

Estimated Value: $656,000 - $765,000

3 Beds
2.5 Baths
1,993 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $625,000 $314 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,488/month

499 Days on Market

Highlights

  • Parking available for a boat
  • 8.19 Acre Lot
  • Community Lake
  • Fishing
  • View of Hills
  • Secluded Lot

About This Home

As of November 2023

WOW! ANOTHER HUGE PRICE REDUCTION SELLER WANTS IT SOLD!!!
Don’t miss out on this great 3 bedroom with 2.5 bathrooms it sits on 8+ acres in Lockwood. The property has a nice house with a large steel shop. This home features a traditional living room, dining room, and a separate family room with a fireplace. The lot is semi flat and could be planted with a small orchard or vineyard. The property has its own private well. This property is just a short drive from both Lake San Antonio and Lake Nacimiento. Both lakes are popular for boating and fishing. Fort Hunter Liggett is a short drive and does allow hunting as well as fishing areas on the base. Paso Robles is approximately 35 minute drive and has numerous great restaurants, wineries and breweries.

Last Listed By

Tim Ellis

Oak Shores Realty License #01152831 Listed on: 06/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,080

Year Built

  • Built in 1991

Lot Details

  • 8.19 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • South Facing Home
  • Fenced
  • Fence is in average condition
  • Secluded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Gravel Driveway
  • Unpaved Parking
  • Parking available for a boat
  • RV Garage
  • Community Parking Structure

Home Design

  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,993 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Recreation Room
  • Workshop
  • Carpet
  • Views of Hills
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Propane
  • Private Water Source
  • Well
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 834
  • Assessor Parcel Number 423211007000
  • $217 per year additional tax assessments

Community Details

Overview

  • Adobe Association
  • Community Lake
  • Near a National Forest
  • Military Land
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land
  • Property is near a ravine

Recreation

  • Fishing
  • Hunting
  • Park
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,080

Year Built

Built in 1991

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road, Private Road
  • Road Surface Type: Gravel
  • View: Yes
  • Well Report: No
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 423211007000
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1993.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 313.60
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Recreation, Workshop
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Other Structures: Workshop
  • View: Hills
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Gravel, Unpaved, Garage, Garage Faces Front, RV Access/Parking, RV Garage, Structure
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Propane
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Septic Type Unknown
  • Water Source: Private, Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • Association Name: Adobe
  • Phone: To follow
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Fishing, Foothills, Hiking, Lake, Horse Trails, Park, Hunting, Watersports, Military Land, Mountainous, Preserve/Public Land, Ravine, Rural
  • Association Management: Adobe

Schools

  • School District: King City Joint Union

Lot Info

  • Land Lease: No
  • Lot Features: Pasture, Ranch, Secluded
  • Lot Size Sq Ft: 356756.00
  • Lot Size Acres: 8.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 356756.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 114.00
  • Tax Lot: 13
  • Tax Tract Number: 834
  • TaxOtherAnnualAssessmentAmount: 217.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Nov 13, 2023
Sold by
Wheeler Michael
Bought by
Alves Family Trust and Alves
Seller's Agent
Tim Ellis
Oak Shores Realty
Buyer's Agent
Alicia DiGrazia
RE/MAX Parkside Real Estate
List Price
$850,000
Sold Price
$625,000
Premium/Discount to List
-$225,000
-26.47%
Total Days on Market
499
Views
222
Current Estimated Value
$692,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,301
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Sep 14, 2016
Sold by
Wheeler Michael and Wheeler Michael Aval
Bought by
Wheeler Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,800
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2010
Sold by
Wheeler Nadean
Bought by
Wheeler Michael Aval

Purchase Details

Closed on
Mar 28, 2006
Sold by
Wheeler Michael Aval
Bought by
Wheeler Nadean and Wheeler Michael Aval

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 14, 2003
Sold by
Wheeler Nadean E
Bought by
Wheeler Michael Aval

Purchase Details

Closed on
May 21, 1998
Sold by
Alves Family Trust
Bought by
Robert & Diana Alves Family Trust and Alves

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alves Family Trust $645,000 Placer Title Company
Wheeler Michael -- Fidelity National Title Co
Wheeler Michael Aval -- None Available
Wheeler Nadean -- Stewart Title Of Ca Inc
Wheeler Michael Aval -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weeler Michael $426,000
Previous Owner Wheeler Michael $393,000
Previous Owner Wheeler Michael $359,800
Previous Owner Wheeler Nadean $100,000
Previous Owner Wheeler Michael Aval $350,000
Previous Owner Wheeler Nadean $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $625,000 -10.6% $314 / Sq Ft
10/13/2023 10/13/23 Price Changed $699,000 -6.7% $351 / Sq Ft
10/10/2022 10/10/22 Price Changed $749,000 -6.3% $376 / Sq Ft
08/26/2022 08/26/22 Price Changed $799,000 -3.2% $401 / Sq Ft
07/28/2022 07/28/22 Price Changed $825,000 -2.9% $414 / Sq Ft
06/08/2022 06/08/22 For Sale $850,000 -- $426 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,080 $645,000 $345,000 $300,000
2023 $2,808 $645,000 $345,000 $300,000
2022 $2,801 $249,936 $99,973 $149,963
2021 $2,668 $245,036 $98,013 $147,023
2020 $2,714 $242,524 $97,008 $145,516
2019 $2,656 $237,769 $95,106 $142,663
2018 $2,607 $233,108 $93,242 $139,866
2017 $2,565 $228,538 $91,414 $137,124
2016 $2,413 $224,058 $89,622 $134,436
2015 -- $220,693 $88,276 $132,417
2014 -- $216,371 $86,547 $129,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS22123416

California Regional Multiple Listing Service (CRMLS)

APN: 423-211-007-000