Leon Van Beurden
Bay Osos Brokers
(805) 505-7667
84 Total Sales
11 in Morro Bay
$480K - $1.2M Price Range
1199 Main St Morro Bay, CA 93442
Morro Bay AreaEstimated Value: $1,313,194
3
Beds
3
Baths
3,500
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Fishing
- Hiking Trails
- Del Mar Elementary School Rated A-
- Corner Lot
- Foothills
About This Home
As of July 2023This is a Morro Bay, One of a kind, Mixed-Use Duplex in a fantastic location. This Commercial / Residential property is in excellent condition and offers the owner many options. Consisting of 1197 and 1199 Main St, you can live and work or operate both units as long or short term rentals, or many other options.
1199 Main St is a commercial Property of appx 1500 sf with domestic privileges and registered as a short-term rental. It has a large kitchen, a large bathroom and multiple sleeping areas. It has a beautiful living room area with a gas fireplace and a large secondary room which can be used for living or for a garage. There are a total of 7 off street parking spaces.
1197 Main has its entry on Surf street and is appx 2000 sf. On the lower lever it has a large kitchen, bedroom/office, large bathroom and laundry area. The upstairs has 2 bedrooms, a living room, a family room and a 2nd bathroom. It also has a deck that overlooks Morro Bay and the Rock.
Property has incredible income potential as an Airbnb. Owner says rates of $500-700 per night per unit based on his research. Buyer to verify. Call your agent today to schedule an appointment to see this today.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2003
Lot Details
- 6,970 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Parking
- 1 Car Garage
Home Design
- 3,500 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry in unit
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 60 / 31
- Assessor Parcel Number 066024020
Community Details
Overview
- 2 Units
- Town Of El Morro Subdivision
- Foothills
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Fishing
- Park
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2023
Closed on
Jul 10, 2023
Sold by
Bought by
Seller's Agent
Paul Buschur
Buschur Realty
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$1,499,000
Sold Price
$1,312,500
Premium/Discount to List
-$186,500
-12.44%
Views
72
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
$694
Avg. Annual Appreciation
0.02%
Original Mortgage
$990,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 1, 2023
Closed on
Jun 21, 2023
Sold by
Bought by
Seller's Agent
Paul Buschur
Buschur Realty
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$1,499,000
Sold Price
$1,312,500
Premium/Discount to List
-$186,500
-12.44%
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 1, 2023
Closed on
May 17, 2023
Sold by
Bought by
Seller's Agent
Paul Buschur
Buschur Realty
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$1,499,000
Sold Price
$1,312,500
Premium/Discount to List
-$186,500
-12.44%
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 2021
Sold by
Bought by
Purchase Details
Listed on
Nov 13, 2018
Closed on
Jul 30, 2019
Sold by
Bought by
Seller's Agent
Lisa Mia
BHGRE HAVEN PROPERTIES
Buyer's Agent
Lisa Mia
BHGRE HAVEN PROPERTIES
List Price
$1,250,000
Sold Price
$1,110,000
Premium/Discount to List
-$140,000
-11.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$750,000
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 23, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
6.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 13, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,450
Interest Rate
6.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 12, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,450
Interest Rate
6.18%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Morro Bay, CA
-
Leon Van Beurden
-
Michael Puhek
Michael Puhek
Re/Max Success
(805) 329-6189
105 Total Sales
4 in Morro Bay
$260K - $1.4M Price Range
-
Courtney Huckabay
Courtney Huckabay
Comet Realty
(805) 519-8092
61 Total Sales
5 in Morro Bay
$339K - $1.2M Price Range
-
Kristina Kidwell
Kristina Kidwell
San Luis Bay Realty
(833) 659-7908
28 Total Sales
3 in Morro Bay
$562K - $720K Price Range
-
Sara Corliss
Sara Corliss
Century 21 Masters
(805) 303-7386
21 Total Sales
2 in Morro Bay
$825,000 Price Range
-
Kellye Grayson
Kellye Grayson
The Avenue Central Coast Realty, Inc.
(805) 250-4808
23 Total Sales
1 in Morro Bay
$746,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Fidelity National Title | ||
| $1,312,500 | Fidelity National Title | ||
| $1,140,000 | First American Title Company | ||
| $1,110,000 | First American Title Company | ||
| $950,000 | First American Title Co | ||
| $75,000 | Cuesta Title | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $990,000 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $505,000 | ||
| Previous Owner | $150,450 | ||
| Previous Owner | $605,000 | ||
| Previous Owner | $156,300 | ||
| Previous Owner | $412,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2023 07/12/23 | Sold | $1,312,500 | -12.4% | $375 / Sq Ft | |
| 04/30/2023 04/30/23 | Pending | -- | -- | -- | |
| 04/01/2023 04/01/23 | For Sale | $1,499,000 | +35.0% | $428 / Sq Ft | |
| 08/01/2019 08/01/19 | Sold | $1,110,000 | -2.5% | $317 / Sq Ft | View Prior Sale |
| 05/14/2019 05/14/19 | Pending | -- | -- | -- | |
| 04/12/2019 04/12/19 | Price Changed | $1,139,000 | -0.9% | $325 / Sq Ft | |
| 01/28/2019 01/28/19 | Price Changed | $1,149,000 | -8.1% | $328 / Sq Ft | |
| 11/13/2018 11/13/18 | For Sale | $1,250,000 | -- | $357 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $14,756 | $1,365,525 | $572,220 | $793,305 |
| 2025 | $14,505 | $1,338,750 | $561,000 | $777,750 |
| 2024 | $13,128 | $1,312,500 | $550,000 | $762,500 |
| 2023 | $13,128 | $1,186,056 | $624,240 | $561,816 |
| 2022 | $12,305 | $1,162,800 | $612,000 | $550,800 |
| 2021 | $12,509 | $1,121,499 | $606,216 | $515,283 |
| 2020 | $11,791 | $1,110,000 | $600,000 | $510,000 |
| 2019 | $12,234 | $1,140,985 | $600,519 | $540,466 |
| 2018 | $11,994 | $1,118,614 | $588,745 | $529,869 |
| 2017 | $11,759 | $1,096,681 | $577,201 | $519,480 |
| 2016 | $8,310 | $775,000 | $350,000 | $425,000 |
| 2015 | $7,504 | $700,000 | $300,000 | $400,000 |
| 2014 | $7,028 | $700,000 | $300,000 | $400,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Buschur
Seller's Agent in 2023
Paul Buschur
Buschur Realty
(805) 776-3536
26 Total Sales
-
Jay Chiasson
Buyer's Agent in 2023
Jay Chiasson
Navigators Real Estate
(805) 591-9931
52 Total Sales
-
Lisa Mia
Seller's Agent in 2019
Lisa Mia
BHGRE HAVEN PROPERTIES
(805) 279-9381
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC23053794
APN: 066-024-020
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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