NOT LISTED FOR SALE

Estimated Value: $878,000 - $983,000

4 Beds
4 Baths
1,792 Sq Ft
$521/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $635,000 $354 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,140/month

Highlights

  • Fireplace in Bathroom
  • Hiking Trails
  • Laundry Room
  • Baywood Elementary School Rated A-
  • Cul-De-Sac
  • Forced Air Heating System

About This Home

As of October 2020

Los Osos Duplex... this property is approximately 1/2 mile to Morro Bay and about 2 miles as the crow flies to the ocean. 2 units with 2 bedrooms and 1 full bath and 1 half bath.. MORE info shortly

Last Listed By

Tom Franco

Harcourts Prime Properties License #01299147 Listed on: 09/15/2020

Harcourts Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,906

Year Built

  • Built in 1978

Lot Details

  • 6,250 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • 1,792 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 12 / 16
  • Assessor Parcel Number 038091033

Community Details

Overview

  • 2 Units

Recreation

  • Hiking Trails

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,906

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: RSF
  • Property Type: Residential Income
  • Parcel Number: 038091033
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath
  • Price Per Square Foot: 354.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435
  • Latitude Manual: 35.33087500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 42000.00

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 107.01
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 30, 2020
Sold by
Pedersen Peter K and Pedersen Adeline M
Bought by
Pedersen Peter K and Pedersen Adeline M
Seller's Agent
Tom Franco
Harcourts Prime Properties
Buyer's Agent
Addie Pedersen
Pedersen Realty
List Price
$639,000
Sold Price
$635,000
Premium/Discount to List
-$4,000
-0.63%
Total Days on Market
0
Current Estimated Value
$934,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,498
Original Mortgage
$435,000
Outstanding Balance
$396,679
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 22, 2020
Sold by
Handal Alyce Faye and Alyce Faye Handal Trust
Bought by
Pedersen Peter K and Pedersen Adeline M
Seller's Agent
Tom Franco
Harcourts Prime Properties
Buyer's Agent
Addie Pedersen
Pedersen Realty
List Price
$639,000
Sold Price
$635,000
Premium/Discount to List
-$4,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$396,679
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2018
Sold by
Afh Morro Bay Llc
Bought by
Handal Alyee Faye and Alyce Faye Handal Separated Pr

Purchase Details

Closed on
Mar 9, 2007
Sold by
Handal Fred and Handal Alyce
Bought by
Afh Morro Bay Llc

Purchase Details

Closed on
Jul 17, 2006
Sold by
Handal Fred S and Handal Alyce F
Bought by
Handal Fred S and Handal Alyce F

Range of Values:

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Average Value
Not Available
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
Pedersen Peter K -- None Available
Pedersen Peter K $620,000 Placer Title Company
Handal Alyee Faye $550,000 None Available
Afh Morro Bay Llc -- None Available
Handal Fred -- None Available
Handal Fred S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Peter K $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $635,000 -0.6% $354 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $639,000 -- $357 / 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 $10,906 $657,948 $328,974 $328,974
2023 $10,906 $645,048 $322,524 $322,524
2022 $10,433 $632,400 $316,200 $316,200
2021 $10,470 $620,000 $310,000 $310,000
2020 $8,042 $561,000 $306,000 $255,000
2019 $9,150 $550,000 $300,000 $250,000
2018 $5,278 $195,057 $56,258 $138,799
2017 $4,000 $191,233 $55,155 $136,078
2016 $3,106 $187,484 $54,074 $133,410
2015 $3,074 $184,669 $53,262 $131,407
2014 $2,900 $181,052 $52,219 $128,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20188676

California Regional Multiple Listing Service (CRMLS)

APN: 038-091-033