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1263 Drake Cir

San Luis Obispo, CA 93405

4 bd 2 ba 1,408 sqft Built 1970 Lot 6,500 sqft single_family
Most recent sale
$702,000
Aug 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2024 Sold $950,000 CRMLS
Feb 26, 2024 Listed $975,000 CRMLS
Aug 20, 2021 Sold $702,000 SanDiegoCountySPN
Apr 13, 1987 Sold $137,000 Public Record
Apr 14, 1986 Sold $133,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $375,000 $575,000 $950,000 $10,470
2024 $375,000 $575,000 $950,000 $8,071
2023 $282,540 $433,500 $716,040 $7,925
2022 $277,000 $425,000 $702,000 $7,428
2021 $195,449 $203,941 $399,390 $4,376
2020 $193,445 $201,850 $395,295 $4,124
2019 $189,652 $197,893 $387,545 $4,080
2018 $185,934 $194,013 $379,947 $3,998
2017 $182,289 $190,209 $372,498 $3,919
2016 $178,715 $186,480 $365,195 $3,840
2015 $176,031 $183,679 $359,710 $3,781
2014 $172,583 $180,081 $352,664 $3,470
2013 $171,804 $179,268 $351,072 $3,454
2012 $168,436 $175,753 $344,189 $3,385
2010 $165,134 $172,307 $337,441 $3,288
2009 $164,290 $171,427 $335,717 $3,294
2008 $161,069 $168,066 $329,135 $3,228
2007 $157,911 $164,771 $322,682 $3,163

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,408 sqft
Lot size
6,500 sqft
ZIP code
93405
City
San Luis Obispo
Street
Drake Cir
Coordinates
35.26222, -120.69024

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,506
Gross rental yield
7.70%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 1263 Drake Cir last sell?
1263 Drake Cir most recently sold on Aug 20, 2021 for $702,000.
What is the current tax assessment for 1263 Drake Cir?
The most recent total assessment for 1263 Drake Cir (year 2025) is $950,000 with $10,470 in property tax.
How does 1263 Drake Cir's assessment compare to its last sale price?
The current assessment is 35.3% above the last sale price of $702,000.
When was 1263 Drake Cir built?
1263 Drake Cir was built in 1970.
How does 1263 Drake Cir compare to others on Drake Cir?
We track 8 other properties on Drake Cir. Browse the list under "Other properties on Drake Cir" to compare beds, baths, and sale history.
What are the property facts for 1263 Drake Cir?
1263 Drake Cir is a 4 bed, 2 bath, 1,408 sqft, 6,500 sqft lot single_family.
Is 1263 Drake Cir a flip candidate?
No — 1263 Drake Cir does not appear in our flips dataset.
Is 1263 Drake Cir a tax-appeal candidate?
No — 1263 Drake Cir 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
-9.1%
Implied 1-yr
-36.3%
2026 Q3
$1.15M
2026 Q4
$898K
ZIP 93405 — Median Price History + Forecast

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