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503 Mitchell Dr

San Luis Obispo, CA 93401

3 bd 2 ba 1,226 sqft Built 1935 Lot 5,000 sqft single_family
Most recent sale
$1,135,000
Feb 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2022 Sold $1,135,000 MLS #PI22000990
Jan 4, 2022 Listed $1,050,000 MLS #PI22000990
Oct 27, 2017 Sold $599,000 MLS #SP17211118
Sep 12, 2017 Listed $649,000 MLS #SP17211118

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $355,504 $848,966 $1,204,470 $13,198
2024 $355,504 $848,966 $1,204,470 $12,972
2023 $341,700 $816,000 $1,157,700 $12,736
2022 $202,645 $439,602 $642,247 $6,796
2021 $198,672 $430,983 $629,655 $6,688
2020 $196,635 $426,564 $623,199 $6,620
2019 $192,780 $418,200 $610,980 $6,551
2018 $189,000 $410,000 $599,000 $6,423
2017 $38,491 $12,966 $51,457 $552
2016 $37,737 $12,712 $50,449 $541
2015 $37,171 $12,522 $49,693 $533
2014 $36,443 $12,277 $48,720 $489
2013 $36,279 $12,222 $48,501 $487
2012 $35,568 $11,983 $47,551 $477
2010 $34,611 $11,662 $46,273 $464
2009 $34,694 $11,690 $46,384 $465
2008 $34,014 $11,461 $45,475 $456
2007 $33,348 $11,237 $44,585 $446

Property facts

Year built
1935
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,226 sqft
Lot size
5,000 sqft
ZIP code
93401
City
San Luis Obispo
Street
Mitchell Dr
Coordinates
35.26481, -120.65611

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,923
Gross rental yield
4.15%
Implied cap rate
2.70%
Trend-extrapolated value

Frequently asked questions

When did 503 Mitchell Dr last sell?
503 Mitchell Dr most recently sold on Feb 15, 2022 for $1,135,000.
What is the current tax assessment for 503 Mitchell Dr?
The most recent total assessment for 503 Mitchell Dr (year 2025) is $1,204,470 with $13,198 in property tax.
How does 503 Mitchell Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,135,000.
When was 503 Mitchell Dr built?
503 Mitchell Dr was built in 1935.
How does 503 Mitchell Dr compare to others on Mitchell Dr?
We track 8 other properties on Mitchell Dr. Browse the list under "Other properties on Mitchell Dr" to compare beds, baths, and sale history.
What are the property facts for 503 Mitchell Dr?
503 Mitchell Dr is a 3 bed, 2 bath, 1,226 sqft, 5,000 sqft lot single_family.
Is 503 Mitchell Dr a flip candidate?
No — 503 Mitchell Dr does not appear in our flips dataset.
Is 503 Mitchell Dr a tax-appeal candidate?
No — 503 Mitchell Dr 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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