$440,000
SOLD JUN 19, 2020
2 Beds
2 Baths
1,422 Sq Ft
3,125 Sq Ft Lot

Recently Sold

$309 Per Sq Ft

12% Below List Price

13 Days on Market

Highlights

  • Back Bay Views
  • Bonus Room
  • No HOA
  • Baywood Elementary School Rated A-
  • Living Room with Attached Deck
  • Community Pool

About This Home

As of October 2020

Enjoy the amazing coastal weather on the central coast! This property has loads of potential with a picturesque view of the famous Morro Rock and a smidgen of the dunes and backbay! The living room features a mitered window that perfectly frames Morro Rock and a sliding glass door that leads to a small viewing deck. The property is in original condition and is ripe for your sweat equity improvements. In addition to two bedrooms and two bathrooms, it has a downstairs bonus room and an office. The master bedroom sliding glass door leads to a sizeable deck for outdoor entertaining. Looking for a workshop? Don’t miss the huge subarea workshop and detached shed/workshop (with skylights) in the backyard. The property is conveniently located to Montana De Oro, the Elfin Forest, Morro Bay golf course and campgrounds, Botanical Gardens and El Chorro Park among other recreational facilities. Call your agent now to view this home.

Last Agent to Sell the Property

Lynn Neal

RE/MAX Success License #01304466 Listed on: 05/24/2020

RE/MAX Success

Last Buyer's Agent

Matthew Warren

Eighty20 Group License #01942410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,863

Year Built

  • Built in 1981

Lot Details

  • 3,125 Sq Ft Lot
  • Level Lot
  • Property is zoned RSF

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Property Views

  • Back Bay
  • Rock

Home Design

  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,422 Sq Ft Home
  • Living Room with Attached Deck
  • Home Office
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Wood patio
  • Shed

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 16 / 87
  • Assessor Parcel Number 038392022

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,863

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Shed in backyard
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Town of El Moro(680)
  • View: Yes
  • Zoning: RSF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 038392022
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1422.00 Square Feet
  • Interior Amenities: Living Room Deck Attached
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: Two
  • Price Per Square Foot: 309.42
  • Room Type: All Bedrooms Up, Bonus Room, Kitchen, Living Room, Office
  • Bathroom Features: Bathtub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • View: Back Bay, Rocks
  • Patio And Porch Features: Deck, Wood
  • Pool Features: Community
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer, Sewer Assessments
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3125.00
  • Lot Size Acres: 0.0717

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3125.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 87
  • Tax Census Tract: 107.01
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 21, 2020
Sold by
Robertshaw Aaron and Rounds Christopher M
Bought by
Stevens Murray T and Stevens Erin J
Seller's Agent
Matthew Warren
Eighty20 Group
Buyer's Agent
Alice Frawley
Navigators Real Estate
List Price
$699,000
Sold Price
$740,000
Premium/Discount to List
$41,000
5.87%
Current Estimated Value
$929,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,098
Avg. Annual Appreciation
4.84%
Original Mortgage
$515,000
Outstanding Balance
$463,211
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$467,014

Purchase Details

Listed on
May 24, 2020
Closed on
Jun 17, 2020
Sold by
Rounds Marissa
Bought by
Rounds Christopher M
Seller's Agent
Lynn Neal
RE/MAX Success
Buyer's Agent
Matthew Warren
Eighty20 Group
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
500.55%
Original Mortgage
$368,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2020
Closed on
Jun 10, 2020
Sold by
Breslin James Patrick and Breslin Carol Ann
Bought by
Robertshaw Aaron and Rounds Christopher M
Seller's Agent
Lynn Neal
RE/MAX Success
Buyer's Agent
Matthew Warren
Eighty20 Group
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2016
Sold by
Reindl Sharon K
Bought by
Mertes Carol Ann

Purchase Details

Closed on
Nov 8, 2004
Sold by
Mertes Robert N
Bought by
Mertes Robert Nicholas and Robert Nicholas Mertes Living Trust
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $740,000 First American Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $440,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,000 New Conventional
Previous Owner $368,000 New Conventional
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $740,000 +5.9% $520 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $699,000 +58.9% $492 / Sq Ft
06/19/2020 06/19/20 Sold $440,000 -11.8% $309 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/24/2020 05/24/20 For Sale $499,000 -- $351 / 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 $10,863 $785,293 $424,483 $360,810
2023 $10,863 $769,896 $416,160 $353,736
2022 $10,345 $754,800 $408,000 $346,800
2021 $10,115 $740,000 $400,000 $340,000
2020 $9,208 $561,000 $316,200 $244,800
2019 $4,096 $175,032 $53,555 $121,477
2018 $3,950 $171,601 $52,505 $119,096
2017 $4,126 $168,237 $51,476 $116,761
2016 $2,740 $164,939 $50,467 $114,472
2015 $2,713 $162,462 $49,709 $112,753
2014 $2,565 $159,281 $48,736 $110,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20096259

California Regional Multiple Listing Service (CRMLS)

APN: 038-392-022