NOT LISTED FOR SALE

1185 Monterey Ave Morro Bay, CA 93442

Estimated Value: $829,710 - $984,000

2 Beds
1 Bath
915 Sq Ft
$999/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $519,000 $567 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,537/month

129 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • L-Shaped Dining Room
  • Del Mar Elementary School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of July 2015

Comfy beach cottage with roomy expansion potential. R4 Zoning per City of Morro Bay. 3-Unit Plans Available. For now, it feels like you could reach out to Morro Rock as you cook or dine or BBQ in the back yard. The interior offers original hardwood floors, lots of natural light and nice flow throughout the home. Huge backyard and room for RV. Close to Embarcadero and Morro Rock. Enjoy almost front-stage fireworks on July 4th! Buyers to verify development/permit possibilities with City.

Last Agent to Sell the Property

Sherry PeckHoon Sim

SIM Real Estate License #01385503 Listed on: 12/31/2014

Last Buyer's Agent

Richard Watkins

Richard L. Watkins License #00897399

Richard L. Watkins

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,657

Year Built

  • Built in 1952

Lot Details

  • 5,950 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R4,RMF

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 915 Sq Ft Home
  • Double Pane Windows
  • L-Shaped Dining Room
  • Electric Cooktop
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066311007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,657

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • View: Yes
  • Zoning: R4,RMF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066311007
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Living Area: 915.00
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 567.21
  • Room Type: Main Floor Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Garage Faces Rear, RV Access/Parking
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooking
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 5950.00
  • Lot Size Acres: 0.1370

Multi Family

  • Lot Size Area: 5950.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2015
Sold by
Keely John M and Keely Barbara R
Bought by
Keely Revocable Family Trust and Keely Barbara R
Current Estimated Value
$914,428

Purchase Details

Listed on
Dec 31, 2014
Closed on
May 25, 2015
Sold by
Vierra Vern and Vierra Jenice
Bought by
Keely John M and Keely Barbara R
Seller's Agent
Sherry PeckHoon Sim
SIM Real Estate
Buyer's Agent
Richard Watkins
Richard L. Watkins
List Price
$550,000
Sold Price
$519,000
Premium/Discount to List
-$31,000
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$259,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 22, 2006
Sold by
Tomasovich Joyce A and Schwiderski Donald T
Bought by
Vierra Vern and Vierra Jenice
Source: Public Records

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
Keely Revocable Family Trust -- None Available
Keely John M -- None Available
Keely John M $519,000 Fidelity National Title Co
Vierra Vern $500,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keely John M $259,500
Previous Owner Vierra Vern $250,000
Previous Owner Vierra Vern $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2015 07/14/15 Sold $519,000 -3.7% $567 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
04/26/2015 04/26/15 Price Changed $539,000 -2.0% $589 / Sq Ft
12/31/2014 12/31/14 For Sale $550,000 -- $601 / 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 $6,657 $614,384 $443,922 $170,462
2024 $6,536 $602,338 $435,218 $167,120
2023 $6,536 $590,529 $426,685 $163,844
2022 $6,127 $578,951 $418,319 $160,632
2021 $6,029 $567,600 $410,117 $157,483
2020 $5,968 $561,781 $405,912 $155,869
2019 $5,906 $550,766 $397,953 $152,813
2018 $5,790 $539,967 $390,150 $149,817
2017 $5,676 $529,380 $382,500 $146,880
2016 $5,565 $519,000 $375,000 $144,000
2015 $4,202 $392,000 $295,000 $97,000
2014 -- $376,000 $280,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1050439

California Regional Multiple Listing Service (CRMLS)

APN: 066-311-007