NOT LISTED FOR SALE

1110 Marengo Dr Morro Bay, CA 93442

Estimated Value: $644,000 - $884,000

1 Bed
1 Bath
522 Sq Ft
$1,469/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $485,000 $929 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,556/month

72 Days on Market

Highlights

  • Golf Course Community
  • Above Ground Spa
  • Mountain View
  • Del Mar Elementary School Rated A-
  • RV Access or Parking
  • Deck

About This Home

As of June 2019

HUGE PRICE REDUCTION on this TURN-KEY COTTAGE w/DEVELOPMENT OPPORTUNITY right in your back yard. Spacious 6200 sf lot with room for another residence. Live on-site or rent out while you build your ocean view dream home and then use the cottage as a rental, guest house or in-law quarters. Plenty of space to park your RV, trailer or other toys. Cottage has been completely renovated including new foundation, siding, windows, roof, insulation, plumbing & electrical upgrades, kitchen, bath, vaulted ceiling, flooring, fixtures, laundry hook-ups, adorable barn door and more. New front porch, concrete patios and deck, outdoor shower and hot tub make for expanded outdoor living. Built-in cabinets and ample storage in large walk-in closet w/organizer and three generous sheds. Conveniently located near downtown and just minutes to the Embarcadero, golf course, state park, Black Hill hiking trails and all the amenities living near town offers. Great investment for the future that you can move into or rent now while you make plans for your dream home. Contact the City of Morro Bay Planning Dept. for development specifics.

Last Agent to Sell the Property

Monica Randeen

Monica Randeen, Broker License #01860001 Listed on: 03/11/2019

Last Buyer's Agent

Joel Pace

Joel Pace Real Estate, Inc. License #01946105

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 6,200 Sq Ft Lot
  • Wood Fence
  • Fence is in average condition
  • Back and Front Yard
  • Property is zoned R1

Property Views

  • Mountain
  • Hills

Home Design

  • Cottage
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Lap Siding
  • Shingle Siding

Interior Spaces

  • 522 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Oversized Parking
  • Parking Available
  • Up Slope from Street
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Above Ground Spa
  • Deck
  • Wood Patio
  • Shed
  • Front Porch

Location

  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 066094024
  • Tax Block 1

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Year Built

Built in 1934 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Morro Bay Vista 01
  • View: Yes
  • Zoning: R1
  • Architectural Style: Cottage
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066094024
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 522.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, In Living Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 929.12
  • Room Type: Foyer, Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Private, Above Ground
  • Bathroom Features: Shower, Linen Closet/Storage, Tile Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • View: Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Concrete, Deck, Front Porch, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Lap Siding, Shingle Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt, Oversized, RV Access/Parking

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater, Refrigerator
  • Electric: Standard
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Up Slope from Street
  • Lot Size Sq Ft: 6200.00
  • Lot Size Acres: 0.1423
  • Latitude Manual: 35.36481500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 106.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Shorey Thomas Paul and Shorey Thomas Paul
Bought by
Shorey Thomas Paul and Shorey Stephanie Michelle
Current Estimated Value
$766,621

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jun 14, 2019
Sold by
Shorey Stephanie
Bought by
Shorey Thomas Paul
Seller's Agent
Monica Randeen
Monica Randeen, Broker
Buyer's Agent
Joel Pace
Joel Pace Real Estate, Inc.
List Price
$579,500
Sold Price
$485,000
Premium/Discount to List
-$94,500
-16.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$470,450
Outstanding Balance
$413,641
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$352,980

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jun 1, 2019
Sold by
Mahaffey Ronnie E
Bought by
Shorey Thomas Paul
Seller's Agent
Monica Randeen
Monica Randeen, Broker
Buyer's Agent
Joel Pace
Joel Pace Real Estate, Inc.
List Price
$579,500
Sold Price
$485,000
Premium/Discount to List
-$94,500
-16.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,450
Outstanding Balance
$413,641
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$352,980

Purchase Details

Closed on
Nov 3, 2013
Sold by
Delpuppo Michael Anthony and Del Puppo Marjorie Ann
Bought by
Mahaffey Ronnie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2007
Sold by
Delpuppo Michael A and Del Puppo Marjorie A
Bought by
Delpuppo Michael Anthony and Del Puppo Marjorie Ann

Purchase Details

Closed on
Feb 25, 2004
Sold by
Delpuppo Michael A and Delpuppo Marjorie A
Bought by
Ganes Clyde W and Delpuppo Michael A

Purchase Details

Closed on
Dec 23, 2003
Sold by
Kirby Wyllie Farming Co Inc
Bought by
Delpuppo Michael A and Delpuppo Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.81%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shorey Thomas Paul -- None Available
Shorey Thomas Paul -- First American Title Company
Shorey Thomas Paul $485,000 First American Title Company
Mahaffey Ronnie E $280,000 Fidelity National Title Co
Delpuppo Michael Anthony -- None Available
Ganes Clyde W $112,500 --
Delpuppo Michael A $450,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shorey Thomas Paul $470,450
Previous Owner Mahaffey Ronnie E $274,928
Previous Owner Delpuppo Michael A $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2019 06/21/19 Sold $485,000 -2.8% $929 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $499,000 -9.2% $956 / Sq Ft
03/25/2019 03/25/19 Price Changed $549,500 -5.2% $1,053 / Sq Ft
03/11/2019 03/11/19 For Sale $579,500 +107.0% $1,110 / Sq Ft
01/03/2014 01/03/14 Sold $280,000 0.0% $560 / Sq Ft View Prior Sale
12/31/2013 12/31/13 Off Market $280,000 -- --
12/11/2013 12/11/13 Pending -- -- --
10/18/2013 10/18/13 Off Market $280,000 -- --
09/02/2013 09/02/13 For Sale $299,000 -- $598 / 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
2025 $6,574 $613,851 $429,473 $184,378
2024 $6,535 $601,815 $421,052 $180,763
2023 $6,535 $597,416 $412,797 $184,619
2022 $5,755 $549,420 $404,703 $144,717
2021 $5,573 $524,624 $396,768 $127,856
2020 $5,255 $494,700 $392,700 $102,000
2019 $3,299 $307,692 $274,727 $32,965
2018 $3,235 $301,660 $269,341 $32,319
2017 $3,171 $295,746 $264,060 $31,686
2016 $3,109 $289,948 $258,883 $31,065
2015 $3,062 $285,594 $254,995 $30,599
2014 $2,518 $250,806 $221,814 $28,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC19055532

California Regional Multiple Listing Service (CRMLS)

APN: 066-094-024