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3243 Cherry Ln

San Luis Obispo, CA 93401

3 bd 3 ba 1,824 sqft Built 2015 Lot 6,054 sqft single_family
Most recent sale
$995,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $995,000 MLS #SC22075387
Apr 20, 2022 Listed $989,000 MLS #SC22075387
Mar 27, 2015 Sold $596,000 Public Record
Dec 4, 2014 Listing removed $588,020 CRMLS
Nov 21, 2014 Listed $588,020 MLS #PI1049749

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $445,707 $610,194 $1,055,901 $11,638
2024 $445,707 $610,194 $1,055,901 $11,440
2023 $428,400 $586,500 $1,014,900 $11,233
2022 $306,686 $368,071 $674,757 $7,066
2021 $300,673 $360,854 $661,527 $6,952
2020 $297,590 $357,154 $654,744 $6,880
2019 $291,755 $350,151 $641,906 $6,807
2018 $286,035 $343,286 $629,321 $6,672
2017 $280,427 $336,555 $616,982 $6,540
2016 $274,929 $329,956 $604,885 $6,410
2015 $141,500 $91,444 $232,944 $2,497

Property facts

Year built
2015
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,824 sqft
Lot size
6,054 sqft
ZIP code
93401
City
San Luis Obispo
Street
Cherry Ln
Coordinates
35.25577, -120.66070

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,837
Gross rental yield
7.04%
Implied cap rate
4.58%
Trend-extrapolated value

Frequently asked questions

When did 3243 Cherry Ln last sell?
3243 Cherry Ln most recently sold on May 27, 2022 for $995,000.
What is the current tax assessment for 3243 Cherry Ln?
The most recent total assessment for 3243 Cherry Ln (year 2025) is $1,055,901 with $11,638 in property tax.
How does 3243 Cherry Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $995,000.
When was 3243 Cherry Ln built?
3243 Cherry Ln was built in 2015.
How does 3243 Cherry Ln compare to others on Cherry Ln?
We track 7 other properties on Cherry Ln. Browse the list under "Other properties on Cherry Ln" to compare beds, baths, and sale history.
What are the property facts for 3243 Cherry Ln?
3243 Cherry Ln is a 3 bed, 3 bath, 1,824 sqft, 6,054 sqft lot single_family.
Is 3243 Cherry Ln a flip candidate?
No — 3243 Cherry Ln does not appear in our flips dataset.
Is 3243 Cherry Ln a tax-appeal candidate?
No — 3243 Cherry Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-11.9%
Implied 1-yr
-47.5%
2026 Q3
$882.7K
2026 Q4
$882.7K
ZIP 93401 — Median Price History + Forecast

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