Seller's Agent in 2018
Matthew Franklin
Franklin Real Estate & Rentals
(805) 459-4215
14 in this area
27 Total Sales
1187 Main St Morro Bay, CA 93442
Estimated Value: $1,581,552
4
Beds
3
Baths
2,975
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- Ocean View
- Open Floorplan
- Mediterranean Architecture
- Del Mar Elementary School Rated A-
- Main Floor Primary Bedroom
- Granite Countertops
About This Home
As of November 2018Low maintenance tri-plex building with stucco siding, concrete tile roof, dual pane vinyl windows, concrete driveways and parking lot all built new in 2005 with 3 separate addresses. The main residence is 1191 Main Street is located on the 2nd level with approximately 1,792 sq ft of living area featuring 3 bedrooms, 2 full bathroom home with in door laundry, 2 decks, 2-car garage and fabulous views of Morro Rock and the harbor entrance from the kitchen and living areas. 1189 Main Street is a street level home with approximately 675 sq ft of living area 1 bedroom, 1 full bathroom, 2 natural gas wall furnaces and an attached 2-car garage with laundry hookups. 1187 Main Street is a street level, 508 sq ft commercial office space with double entry doors, kitchen sink with hot water, private office room, ADA bathroom and forced air heating. This is a great opportunity to own and occupy the main home and have extra income from the additional 2-units and or a separate guest home for visitors. All 3 units can be yours at a reasonable asking price of $1,150,000!
Last Agent to Sell the Property
Franklin Real Estate & Rentals License #01326603 Listed on: 09/03/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,899
Year Built
- Built in 2005
Lot Details
- 6,800 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 4 Car Attached Garage
- 4 Open Parking Spaces
- Parking Available
- Side Facing Garage
- Parking Lot
Property Views
- Ocean
- Bay
- City Lights
Home Design
- Triplex
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 2,975 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Blinds
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Breakfast Bar
- Gas Cooktop
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- 220 Volts In Laundry
- Gas And Electric Dryer Hookup
Outdoor Features
- Living Room Balcony
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Utilities
- 220 Volts in Kitchen
- Gas Water Heater
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 066024022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2018
Closed on
Oct 31, 2018
Sold by
Franklin Matthew A and Gilbert John C
Bought by
Kocelj Nicholas and Spivey Kocelj Paula Ann
Seller's Agent
Matthew Franklin
Franklin Real Estate & Rentals
Buyer's Agent
Lisa Sokolowski
Property Pros
List Price
$1,150,000
Sold Price
$1,150,000
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
$431,552
Avg. Annual Appreciation
6.05%
Purchase Details
Closed on
May 31, 2017
Sold by
Keelan Lisa and Gilbert Lisa
Bought by
Keelen Thomas G and Keelan Lisa J
Purchase Details
Closed on
Jan 17, 2006
Sold by
Gilbert John C and Gilbert Rebecca A
Bought by
Gilbert John C and Gilbert Rebecca A
Purchase Details
Closed on
Jul 23, 2005
Sold by
General Financial Services Inc
Bought by
Franklin Matthew A and Gilbert Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
5.52%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Kocelj Nicholas | $1,150,000 | First American Title Co | |
| Keelen Thomas G | -- | None Available | |
| Gilbert John C | -- | Accommodation | |
| Franklin Matthew A | $970,000 | Fidelity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Franklin Matthew A | $776,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2018 11/15/18 | Sold | $1,150,000 | 0.0% | $387 / Sq Ft |
| 10/03/2018 10/03/18 | Pending | -- | -- | -- |
| 09/03/2018 09/03/18 | For Sale | $1,150,000 | -- | $387 / 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 | $13,899 | $1,282,842 | $390,429 | $892,413 |
| 2024 | $13,648 | $1,257,689 | $382,774 | $874,915 |
| 2023 | $13,648 | $1,233,029 | $375,269 | $857,760 |
| 2022 | $12,793 | $1,208,853 | $367,911 | $840,942 |
| 2021 | $12,589 | $1,185,151 | $360,698 | $824,453 |
| 2020 | $12,460 | $1,173,000 | $357,000 | $816,000 |
| 2019 | $12,331 | $800,000 | $450,000 | $350,000 |
| 2018 | $8,578 | $800,000 | $450,000 | $350,000 |
| 2017 | $7,506 | $700,000 | $350,000 | $350,000 |
| 2016 | $7,345 | $685,000 | $340,000 | $345,000 |
| 2015 | $7,343 | $685,000 | $340,000 | $345,000 |
| 2014 | $6,877 | $685,000 | $340,000 | $345,000 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Franklin
-
Lisa Sokolowski
L
Buyer's Agent in 2018
Lisa Sokolowski
Property Pros
(805) 226-4204
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC18214198
APN: 066-024-022
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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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