NOT LISTED FOR SALE

Estimated Value: $626,000 - $720,319

1 Bed
1 Bath
672 Sq Ft
$986/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $620,000 $923 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,028/month

58 Days on Market

Highlights

  • Bay View
  • Deck
  • Beamed Ceilings
  • Baywood Elementary School Rated A-
  • No HOA
  • 5-minute walk to Elfin Forest Preserve

About This Home

As of May 2024

Welcome to your charming coastal retreat with bay and mountain views. This delightful 1 bedroom, 1 bath adorable cottage sits on a generous 9300 sqft lot, offering endless opportunities for relaxation and enjoyment of the beautiful coastal surroundings. Upon entering, you'll be greeted by the warm ambiance of a decorative beam ceilings and an inviting open-concept living space. The cozy atmosphere invites you to unwind and take in the panoramic vistas that stretch across the bay and towards the majestic mountains. The property boasts a spacious unfinished basement, presenting a blank canvas for customization and expansion to suit your needs. Whether you envision a guest suite, home office, or additional living space, the potential is yours to explore. Outside, the expansive lot provides ample space for outdoor entertaining, gardening, or simply soaking up the coastal sunshine. Imagine sipping your morning coffee on the deck as you watch the sunrise over the bay, or hosting gatherings with friends and family against the backdrop of spectacular sunsets. With its prime location and development potential, this cottage offers a rare opportunity to create your own coastal oasis or capitalize on investment possibilities. Don't miss your chance to make this idyllic retreat your own and experience the quintessential coastal lifestyle you've been dreaming of. The seller has completed soil studies, archeology studies, site survey and has preliminary plans for a 2450 sqft 4 bedroom, 2.5 bath home with 35 foot boat house and 2 car garage with amazing Bay views!

Last Listed By

Susie Brans

Richardson Sotheby's International Realty Brokerage Phone: 805-550-8833 License #01710596 Listed on: 02/21/2024

Richardson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1973

Lot Details

  • 9,375 Sq Ft Lot
  • Level Lot

Property Views

  • Bay
  • Mountain

Interior Spaces

  • 1 Main Level Bedroom
  • 672 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Parking

  • Parking Available
  • Circular Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 038241051

Community Details

Overview

  • No Home Owners Association
  • Town Of El Moro Subdivision
  • Foothills

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,056

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Town of El Moro(680)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 038241051
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 672.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 922.62

Exterior Features

  • Patio: Yes
  • View: Bay, Mountain(s)
  • Patio And Porch Features: Deck
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 9375.00
  • Lot Size Acres: 0.2152

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9375.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Saines Marco David
Bought by
Saines Marco David
Total Days on Market
58
Current Estimated Value
$662,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Outstanding Balance
$481,518
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$180,812

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 23, 2024
Sold by
Segundo Corina and Bariel Jeffrey Bryan
Bought by
Saines Marco David
Seller's Agent
Susie Brans
Richardson Sotheby's International Realty
Buyer's Agent
Jordan Knauer
Keller Williams Realty Central Coast
List Price
$689,000
Sold Price
$620,000
Premium/Discount to List
-$69,000
-10.01%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$434,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2023
Closed on
May 23, 2023
Sold by
Sandra Claire Sommers Trust
Bought by
Segundo Corina and Bariel Jeffrey Bryan
Seller's Agent
Kristen Sanchez
eXp Realty of California, Inc
Buyer's Agent
Susie Brans
Richardson Sotheby's International Realty
List Price
$650,000
Sold Price
$650,000
Views
187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.47%
Original Mortgage
$520,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1995
Sold by
Keller Grace B
Bought by
Sommers Sandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.88%

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
Saines Marco David -- First American Title
Saines Marco David -- First American Title
Saines Marco David $620,000 Fidelity National Title
Segundo Corina $650,000 First American Title
Sommers Sandra C $75,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saines Marco David $483,000
Closed Saines Marco David $483,000
Previous Owner Saines Marco David $434,000
Previous Owner Segundo Corina $520,000
Previous Owner Sommers Sandra C $150,000
Previous Owner Sommers Sandra C $86,000
Previous Owner Sommers Sandra C $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $620,000 -4.6% $923 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $650,000 -5.7% $967 / Sq Ft
02/21/2024 02/21/24 For Sale $689,000 +6.0% $1,025 / Sq Ft
07/20/2023 07/20/23 Sold $650,000 0.0% $967 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $650,000 -- $967 / 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 $4,056 $650,000 $475,000 $175,000
2023 $4,056 $124,031 $103,767 $20,264
2022 $3,621 $121,600 $101,733 $19,867
2021 $3,496 $119,217 $99,739 $19,478
2020 $3,281 $117,996 $98,717 $19,279
2019 $3,263 $115,683 $96,782 $18,901
2018 $3,265 $113,416 $94,885 $18,531
2017 $3,183 $111,193 $93,025 $18,168
2016 $2,216 $109,013 $91,201 $17,812
2015 $2,198 $107,377 $89,832 $17,545
2014 $2,093 $105,275 $88,073 $17,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24035783

California Regional Multiple Listing Service (CRMLS)

APN: 038-241-051