Seller's Agent in 2021
Nicki Anderson
Comet Realty
(805) 235-3327
2 in this area
23 Total Sales
1155 Balboa St Morro Bay, CA 93442
Estimated Value: $800,000 - $864,000
2
Beds
1
Bath
1,040
Sq Ft
$804/Sq Ft
Est. Value
Highlights
- Fishing
- Ocean Side of Highway 1
- Main Floor Bedroom
- Del Mar Elementary School Rated A-
- View of Trees or Woods
- No HOA
About This Home
As of December 2021PRICE REDUCED! Adorable little Morro Bay bungalow looking for a new owner. Such a sweet location just steps to Black Mountain hiking paths in Morro Bay State Park! This well maintained 2bd 1ba home includes plans for a 700 sf addition to add an additional bedroom and bath upstairs, relocate stairs and enlarge the living room. Tons of potential to create your dream house! Very peaceful and private setting with a beautiful flowering Eucalyptus in front and bordered by bottle brush bushes which are loved by the hummingbirds! The home is adjacent to Morro Heights with quick access to downtown Morro Bay and the Embarcadero, Morro Bay State Park and Golf Course, and Highway 1. Nice large yard with plenty of parking space on the paver driveway and a separate concrete parking pad so cars do not get blocked in. Also included is a detached soundproofed workshop, Kenmore Elite Steam washer/dryer set, and multiple storage sheds in great condition. Owner has made numerous upgrades including upgrading the electric panel to 200 amp, vinyl windows, newer appliances, custom wood countertop in kitchen, replaced fences, soundproofing the workshop, and having the cable run underground from the street to protect the view! Plans for the addition are in the supplements and available to the buyer. They were done by Scott Clark of Clark/MSC Designs. Don't miss your opportunity to get in on this one before it's gone! All information deemed reliable, however not verified or guaranteed by broker.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,272
Year Built
- Built in 1949
Lot Details
- 5,000 Sq Ft Lot
- Wood Fence
- Fence is in good condition
- Rectangular Lot
- Gentle Sloping Lot
- Front Yard
Property Views
- Woods
- Hills
- Neighborhood
Home Design
- Bungalow
- Split Level Home
- Raised Foundation
- Slab Foundation
- Composition Roof
- Wood Siding
- Shake Siding
Interior Spaces
- 1,040 Sq Ft Home
- Beamed Ceilings
- Double Pane Windows
- Blinds
- Window Screens
- Living Room
- Workshop
- Storage
- Utility Room
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
- Quartz Bathroom Countertops
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Parking Available
- Driveway
Outdoor Features
- Ocean Side of Highway 1
- Separate Outdoor Workshop
- Shed
- Rain Gutters
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 066103017
Community Details
Overview
- No Home Owners Association
- Property is near a preserve or public land
Recreation
- Fishing
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Dec 14, 2021
Sold by
Peters Timothy John
Bought by
Sofranko Paul Richard and Sofranko Leah Denise
Seller's Agent
Nicki Anderson
Comet Realty
Buyer's Agent
Victoria Mudge
Victoria Mudge & Associates, I
List Price
$690,000
Sold Price
$632,500
Premium/Discount to List
-$57,500
-8.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,682
Avg. Annual Appreciation
7.97%
Original Mortgage
$481,875
Outstanding Balance
$447,722
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$388,460
Purchase Details
Listed on
Nov 19, 2012
Closed on
Jan 23, 2013
Sold by
Federal National Mortgage Association
Bought by
Peters Timothy John
Seller's Agent
Clive Rupert
Country Real Estate, Inc.
Buyer's Agent
Nicki Anderson
Comet Realty
List Price
$349,900
Sold Price
$313,000
Premium/Discount to List
-$36,900
-10.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$250,400
Interest Rate
3.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 8, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 11, 2012
Sold by
Garrett Patricia
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Oct 20, 2006
Sold by
Garcia Henry and Garcia Patricia Ann
Bought by
Garrett Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sofranko Paul Richard | $632,500 | First American Title Company | |
| Peters Timothy John | $313,000 | First American Title Company | |
| Federal National Mortgage Association | -- | None Available | |
| Jpmorgan Chase Bank National Association | $436,689 | None Available | |
| Garrett Patricia | $485,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sofranko Paul Richard | $481,875 | |
| Previous Owner | Peters Timothy John | $250,400 | |
| Previous Owner | Garrett Patricia | $388,000 | |
| Previous Owner | Garcia Henry | $79,600 | |
| Previous Owner | Garcia Henry | $66,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $632,500 | -5.5% | $608 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 11/21/2021 11/21/21 | Price Changed | $669,000 | -3.0% | $643 / Sq Ft |
| 11/05/2021 11/05/21 | For Sale | $690,000 | +120.4% | $663 / Sq Ft |
| 01/31/2013 01/31/13 | Sold | $313,000 | -10.5% | $301 / Sq Ft |
| 12/19/2012 12/19/12 | Pending | -- | -- | -- |
| 11/19/2012 11/19/12 | For Sale | $349,900 | -- | $336 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,272 | $671,213 | $477,543 | $193,670 |
| 2024 | $7,141 | $658,053 | $468,180 | $189,873 |
| 2023 | $7,141 | $645,150 | $459,000 | $186,150 |
| 2022 | $6,693 | $632,500 | $450,000 | $182,500 |
| 2021 | $3,708 | $356,076 | $255,967 | $100,109 |
| 2020 | $3,669 | $352,426 | $253,343 | $99,083 |
| 2019 | $3,630 | $345,517 | $248,376 | $97,141 |
| 2018 | $3,557 | $338,743 | $243,506 | $95,237 |
| 2017 | $3,486 | $332,102 | $238,732 | $93,370 |
| 2016 | $3,416 | $325,591 | $234,051 | $91,540 |
| 2015 | $3,363 | $320,701 | $230,536 | $90,165 |
| 2014 | $3,086 | $314,420 | $226,021 | $88,399 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Victoria Mudge
Victoria Mudge & Associates, I
(805) 975-8886
1 in this area
8 Total Sales
-
C
Seller's Agent in 2013
Clive Rupert
Country Real Estate, Inc.
-
Seller Co-Listing Agent in 2013
Gary Boatman
Country Real Estate, Inc.
(805) 239-9566
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI21240181
APN: 066-103-017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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