NOT LISTED FOR SALE

160 Azure St Morro Bay, CA 93442

Estimated Value: $1,627,863 - $1,948,000

3 Beds
2 Baths
1,979 Sq Ft
$904/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,500,000 $758 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,889/month

Highlights

  • Ocean View
  • Solar Power System
  • Living Room
  • Del Mar Elementary School Rated A-
  • No HOA
  • Park

About This Home

As of October 2021

Welcome to the Cloisters, the premiere beachside neighborhood of Morro Bay; Just steps to the beach, the walking and bicycling trails, the one acre public park included in this 84 acre oasis. This custom built 3 bedroom 2 bathroom has been recently upgraded, painted, newly carpeted... turn key, unique opportunity. Owner owned solar.

Last Agent to Sell the Property

Steve Stevens

Navigators Real Estate License #00426683 Listed on: 09/15/2021

Last Buyer's Agent

Lora Gomes

Bayshore Realty License #02078281

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 6,149 Sq Ft Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,979 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Solar Power System
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1996
  • Assessor Parcel Number 065387002
  • $1,250 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Cloisters Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Cloisters(740)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065387002
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1979.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 757.96
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Master Bedroom

Exterior Features

  • View: Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Street Lights

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level
  • Lot Size Sq Ft: 6149.00
  • Lot Size Acres: 0.1412

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6149.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.03
  • Tax Lot: 2
  • Tax Tract Number: 1996
  • TaxOtherAnnualAssessmentAmount: 1250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Sep 23, 2021
Sold by
Ogle Richard Scott and The Richard Scott Ogle Living
Bought by
Gordon Danny and Gordon Tamara Beth
Seller's Agent
Steve Stevens
Navigators Real Estate
Buyer's Agent
Lora Gomes
Bayshore Realty
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Current Estimated Value
$1,789,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,466
Avg. Annual Appreciation
4.25%
Original Mortgage
$700,000
Outstanding Balance
$636,948
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,152,518

Purchase Details

Listed on
Jul 10, 2017
Closed on
Aug 18, 2017
Sold by
Salzgeber Garlan A and The Garlan A Salzgeber & Shion
Bought by
Ogle Richard Scott and Richard Scott Ogle Living Trus
Seller's Agent
Mark London
Asset Management Service
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Salzgeber Elizabeth A
Bought by
Salzgeber Garlan A

Purchase Details

Closed on
Jun 1, 2012
Sold by
Salzgeber Garlan A
Bought by
Salzgeber Garlan A

Purchase Details

Closed on
Oct 20, 2011
Sold by
Seifert Rebecca Joy and Seifert Roberta Ann
Bought by
Salzgeber Garlan A

Purchase Details

Closed on
Apr 24, 2003
Sold by
Seifert Robert L and Seifert Joy Ann
Bought by
Seifert Rebecca Joy and Seifert Roberta Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.72%

Purchase Details

Closed on
May 31, 2001
Sold by
Mulholland Construction Inc
Bought by
Mulholland Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.12%

Purchase Details

Closed on
May 17, 2001
Sold by
Mulholland Gary
Bought by
Seifert Robert L and Seifert Joy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.12%

Purchase Details

Closed on
Oct 22, 1999
Sold by
Keyoto Morro Bay Inc
Bought by
Mulholland Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Gordon Danny $1,500,000 First American Title Company
Ogle Richard Scott $950,000 Fidelity National Title Co
Salzgeber Garlan A -- First American Title Company
Salzgeber Garlan A -- First American Title Company
Salzgeber Garlan A -- First American Title Company
Salzgeber Garlan A $720,000 Fidelity National Title Co
Seifert Rebecca Joy $640,000 Fidelity Title Company
Mulholland Gary $115,500 Cuesta Title Company
Seifert Robert L $670,000 Cuesta Title Company
Mulholland Construction Inc $180,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Danny $700,000
Previous Owner Seifert Rebecca Joy $360,000
Previous Owner Seifert Robert L $380,000
Previous Owner Mulholland Construction Inc $310,000
Closed Mulholland Construction Inc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $1,500,000 -3.2% $758 / Sq Ft
09/15/2021 09/15/21 For Sale $1,550,000 +63.2% $783 / Sq Ft
08/30/2017 08/30/17 Sold $950,000 -2.6% $480 / Sq Ft View Prior Sale
08/17/2017 08/17/17 Pending -- -- --
08/14/2017 08/14/17 Price Changed $975,000 -2.0% $493 / Sq Ft
08/03/2017 08/03/17 Price Changed $995,000 -5.2% $503 / Sq Ft
07/10/2017 07/10/17 For Sale $1,050,000 -- $531 / 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
2025 $18,490 $1,591,811 $1,034,677 $557,134
2024 $18,178 $1,560,600 $1,014,390 $546,210
2023 $18,178 $1,530,000 $994,500 $535,500
2022 $17,117 $1,500,000 $975,000 $525,000
2021 $11,851 $998,618 $551,868 $446,750
2020 $11,742 $988,380 $546,210 $442,170
2019 $11,633 $969,000 $535,500 $433,500
2018 $11,430 $950,000 $525,000 $425,000
2017 $9,523 $779,225 $432,903 $346,322
2016 $9,360 $763,947 $424,415 $339,532
2015 $9,235 $752,472 $418,040 $334,432
2014 $8,580 $737,733 $409,852 $327,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC21203765

California Regional Multiple Listing Service (CRMLS)

APN: 065-387-002