1340 Prescott Dr Morro Bay, CA 93442
3
Beds
2
Baths
1,291
Sq Ft
4,000
Sq Ft Lot
Highlights
- Bonus Room
- No HOA
- Laundry Room
- Del Mar Elementary School Rated A-
- 1 Car Attached Garage
- 2-minute walk to Morro Bay Bike Park
About This Home
As of December 2024Opportunity - Uncover the Hidden Gem of This Morro Bay Property. The potential is limitless for this charming 3-bedroom, 2-bathroom house offers a lucrative opportunity for those with a vision for their ideal home. Nestled in the coveted Morro Bay area, this property boasts a bright kitchen, a attached one-car garage, and backyard, inviting endless customization possibilities. Whether you're considering a swift renovation, envisioning an income-generating rental property, or even contemplating a complete overhaul to create your own dream home, this property promises substantial benefits. Despite needing a lot of TLC, the property exudes enormous potential and is nestled in a highly sought-after neighborhood. Its unbeatable location near the beach ensures convenient access to parks, eateries, shopping, and the highway for effortless commuting. Explore nearby biking and hiking trails, dog parks, Morro Bay Embarcadero, golfing, and a myriad of wildlife. Seize this rare chance to invest in a prime neighborhood at an attractive price point. The property is being sold AS-IS.
Last Agent to Sell the Property
Kimberly's Global Real Estate Corp Brokerage Phone: 805-550-5333 License #01240500 Listed on: 08/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $845
Year Built
- Built in 1964
Lot Details
- 4,000 Sq Ft Lot
- Front Yard
- Property is zoned R1
Parking
- 1 Car Attached Garage
Interior Spaces
- 1,291 Sq Ft Home
- 1-Story Property
- Bonus Room
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Town Of El Morro Subdivision
Listing and Financial Details
- Legal Lot and Block 21 / 9
- Assessor Parcel Number 068163019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2024
Closed on
Dec 12, 2024
Sold by
Raymond And Jessie Teixeira Family Trust and Vanderkelen Barry
Bought by
Sjv Investments Inc
Seller's Agent
Kim Conti DeGroot
Kimberly's Global Real Estate Corp
Buyer's Agent
Christopher Foxen
Foxen Realty Inc.
List Price
$689,000
Sold Price
$640,000
Premium/Discount to List
-$49,000
-7.11%
Views
227
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.68%
Original Mortgage
$590,000
Outstanding Balance
$587,939
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$287,880
Purchase Details
Closed on
Sep 2, 2009
Sold by
Teixeira Raymond and Teixeira Jessie J
Bought by
Teixeira Raymond and Teixeira Jessie J
Similar Homes in Morro Bay, CA
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $640,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $590,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $855,000 | -1.7% | $662 / Sq Ft |
| 06/18/2025 06/18/25 | Price Changed | $870,000 | -2.8% | $674 / Sq Ft |
| 05/07/2025 05/07/25 | Price Changed | $895,000 | -2.2% | $693 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $915,000 | -1.1% | $709 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $925,000 | +44.5% | $716 / Sq Ft |
| 12/16/2024 12/16/24 | Sold | $640,000 | -2.9% | $496 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | Price Changed | $659,000 | -4.4% | $510 / Sq Ft |
| 11/04/2024 11/04/24 | For Sale | $689,000 | 0.0% | $534 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $689,000 | -5.5% | $534 / Sq Ft |
| 09/18/2024 09/18/24 | Price Changed | $729,000 | -2.8% | $565 / Sq Ft |
| 08/30/2024 08/30/24 | For Sale | $750,000 | -- | $581 / 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 |
|---|---|---|---|---|
| 2024 | $845 | $85,040 | $12,955 | $72,085 |
| 2023 | $845 | $83,373 | $12,701 | $70,672 |
| 2022 | $791 | $81,739 | $12,452 | $69,287 |
| 2021 | $816 | $80,137 | $12,208 | $67,929 |
| 2020 | $768 | $79,316 | $12,083 | $67,233 |
| 2019 | $759 | $77,762 | $11,847 | $65,915 |
| 2018 | $742 | $76,238 | $11,615 | $64,623 |
| 2017 | $726 | $74,744 | $11,388 | $63,356 |
| 2016 | $711 | $73,279 | $11,165 | $62,114 |
| 2015 | $699 | $72,179 | $10,998 | $61,181 |
| 2014 | $640 | $70,766 | $10,783 | $59,983 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Foxen
Seller's Agent in 2025
Christopher Foxen
Foxen Realty Inc.
(559) 230-7555
47 Total Sales
-
Kim Conti DeGroot
Seller's Agent in 2024
Kim Conti DeGroot
Kimberly's Global Real Estate Corp
(805) 550-5333
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC24180754
APN: 068-163-019
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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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