Seller's Agent in 2024
Abel Contreras
Invest SLO
(805) 295-2719
224 Total Sales
1338 Atascadero Rd Morro Bay, CA 93442
Estimated Value: $1,373,819
1
Bed
1
Bath
8,000
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Coastline Views
- Open Floorplan
- Del Mar Elementary School Rated A-
- Second Garage
- Maid or Guest Quarters
About This Home
As of July 2024Located in California's Central Coast, The Lodge at Morro Bay Event Center emerges as a premier destination. Just a few minutes from the seaside town of Morro Bay, and located less than 2 miles from the breathtaking Pacific Ocean. 2.5 acres of pristine coastal real estate. This property is Zoned for both agricultural and recreational use. Additionally, there is a private 1 bedroom, 1 bathroom caretaker quarters, with an attached sitting room.
The Lodge at Morro Bay Event Center offers an 8,000 sq ft building. One of the largest event centers on the Central Coast. Events types include but are not limited to * elegant weddings, professional conferences, family/school reunions, trade shows, private business meetings, large parties, sweet 16’s quinceaneras, and bar mitzvahs. These spaces can host a combined total of 347 guests for dining, with a maximum standing capacity of 1,041 across the venue. Guests can enjoy - ADA compliant restrooms.
The lodge is secured by an elegant wrought iron gate and a collection of mature palm trees, enter through majestic double iron doors. Inside, TWO grand banquet halls with high, open-beamed ceilings and raised stages, offering seamless flow.
The state-of-the-art caterer's kitchen is equipped with a Black Diamond gas range, and all the amenities needed for seamless event catering. Just outside a vast Santa Maria style BBQ pit offers the perfect setting for outdoor celebrations.
Recently updated roof, and 81 parking with designated spaces. A brand new - installed in 2021- 26 kw solar system, a private well with a 15,000-gallon storage tank. Additional detached 2 car garage with water and power.
This property allows the building of a caretaker residence on site. Other uses with special permits - include but are not limited to RV Park.
Last Agent to Sell the Property
Invest SLO Brokerage Phone: 805-709-7143 License #02062620 Listed on: 05/15/2024
Last Buyer's Agent
Invest SLO Brokerage Phone: 805-709-7143 License #02062620 Listed on: 05/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,101
Year Built
- Built in 1970
Lot Details
- 2.9 Acre Lot
- No Common Walls
- Rural Setting
- Security Fence
- Wrought Iron Fence
- Drip System Landscaping
- Paved or Partially Paved Lot
- Level Lot
- Irregular Lot
- Front and Back Yard Sprinklers
- Private Yard
- Lawn
- Garden
- Density is 2-5 Units/Acre
- Value in Land
Parking
- 83 Car Garage
- 81 Open Parking Spaces
- Second Garage
- Parking Available
- Single Garage Door
- Automatic Gate
Property Views
- Coastline
- Meadow
Home Design
- Traditional Architecture
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Fire Rated Drywall
- Stone Siding
- Pre-Cast Concrete Construction
- Asphalt
- Stucco
Interior Spaces
- 8,000 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Awning
- Double Door Entry
- French Doors
- Workshop
- Tile Flooring
- Home Security System
Kitchen
- Double Oven
- Gas Oven
- Six Burner Stove
- Indoor Grill
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Maid or Guest Quarters
- 1 Bathroom
Laundry
- Laundry Room
- 220 Volts In Laundry
- Washer and Electric Dryer Hookup
Accessible Home Design
- Halls are 36 inches wide or more
- Customized Wheelchair Accessible
- Doors swing in
- Doors are 32 inches wide or more
- No Interior Steps
- Entry Slope Less Than 1 Foot
- Accessible Parking
Outdoor Features
- Property has ocean access
- Exterior Lighting
- Outdoor Grill
Location
- Property is near a park
- Suburban Location
Utilities
- Forced Air Heating System
- Space Heater
- Heating System Uses Propane
- Underground Utilities
- 220 Volts in Garage
- 220 Volts in Kitchen
- Propane
- Natural Gas Not Available
- Private Water Source
- Well
- Tankless Water Heater
- Conventional Septic
- Phone Available
- Cable TV Available
Additional Features
- Solar owned by seller
- Agricultural
Listing and Financial Details
- Assessor Parcel Number 073085016
Community Details
Overview
- No Home Owners Association
- Highway 41 Subdivision
- Foothills
- Valley
Recreation
- Hiking Trails
Building Details
- 1 Separate Electric Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2024
Closed on
Jul 11, 2024
Sold by
Doherty James P and Doherty Nancy J
Bought by
Habib Tabrizi And Kelly Marie Jafari-Tabrizi and Tabrizi
Seller's Agent
Abel Contreras
Invest SLO
Buyer's Agent
Abel Contreras
Invest SLO
List Price
$2,499,999
Sold Price
$1,200,000
Premium/Discount to List
-$1,299,999
-52%
Views
48
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
$173,819
Avg. Annual Appreciation
13.09%
Purchase Details
Closed on
Aug 1, 2007
Sold by
Estero Masonic Temple Assn
Bought by
Doherty James P and Doherty Nancy J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Habib Tabrizi And Kelly Marie Jafari-Tabrizi | $1,350,000 | Fidelity National Title | |
| Doherty James P | $780,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Doherty James P | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2024 07/25/24 | Sold | $1,200,000 | -52.0% | $150 / Sq Ft |
| 05/15/2024 05/15/24 | For Sale | $2,499,999 | -- | $312 / 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 | $11,101 | $1,200,000 | $800,000 | $400,000 |
| 2024 | $10,900 | $1,004,439 | $682,507 | $321,932 |
| 2023 | $10,900 | $984,745 | $669,125 | $315,620 |
| 2022 | $10,217 | $965,437 | $656,005 | $309,432 |
| 2021 | $10,054 | $946,508 | $643,143 | $303,365 |
| 2020 | $10,010 | $942,304 | $636,549 | $305,755 |
| 2019 | $9,907 | $923,936 | $624,068 | $299,868 |
| 2018 | $9,714 | $905,929 | $611,832 | $294,097 |
| 2017 | $9,537 | $889,430 | $599,836 | $289,594 |
| 2016 | $9,339 | $870,967 | $588,075 | $282,892 |
| 2015 | $9,197 | $857,968 | $579,242 | $278,726 |
| 2014 | $8,458 | $842,425 | $567,896 | $274,529 |
Source: Public Records
Agents Affiliated with this Home
-
Abel Contreras
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI24096585
APN: 073-085-016
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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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