Seller's Agent in 2016
Jay Chiasson
Navigators Real Estate
(805) 591-9931
47 in this area
89 Total Sales
180 Formosa St Morro Bay, CA 93442
Estimated Value: $938,912 - $1,176,000
3
Beds
2
Baths
1,382
Sq Ft
$789/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- No HOA
- Views
- Del Mar Elementary School Rated A-
- 2 Car Attached Garage
- Forced Air Heating System
About This Home
As of May 2016Morro Bay Beachtract! Only a couple short blocks to the sand! This turnkey vacation rental is full of character and charm. Perfect single level living with 3 Bedrooms and 2 Baths, plus a bonus den! High ceilings, open floor plan and lots of windows keep an spacious and nice feel to the home. There is definitely a magical ambiance to the saltio tiled patio and private back yard. South facing and wind protected, this lushly landscaped escape is designed to enlighten and entertain, whether reading a book or with company. Very quiet neighborhood, excellent location and excellent home! Very popular vacation rental area as well! Who doesn't want to grab some coffee and take a stroll to the beach! Open House on the Weekend!
Last Agent to Sell the Property
Navigators Real Estate License #01836276 Listed on: 03/31/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,355
Year Built
- Built in 1954
Lot Details
- 4,800 Sq Ft Lot
- Level Lot
- Property is zoned R,SFR,CSTL
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- 1,382 Sq Ft Home
- Slab Foundation
- Shingle Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
Additional Features
- Property Views
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 065134023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2016
Closed on
Apr 18, 2016
Sold by
Depalma Kathleen L
Bought by
David Family Trust and David Nancy
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Stanley Craig
BHGRE HAVEN PROPERTIES
List Price
$699,000
Sold Price
$699,000
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
$392,090
Avg. Annual Appreciation
4.90%
Purchase Details
Closed on
May 1, 2001
Sold by
Vargas Kathleen Leitcher
Bought by
Depalma Kathleen L
Purchase Details
Closed on
Dec 28, 2000
Sold by
Martin Barry and Martin Suzanne C
Bought by
Vargas Kathleen Leitcher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.98%
Purchase Details
Closed on
Sep 27, 2000
Sold by
Schnoor Barbara A
Bought by
Martin Barry and Martin Suzanne C
Purchase Details
Closed on
Sep 2, 1994
Sold by
Schnoor Barbara A
Bought by
Schnoor Barbara A
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| David Family Trust | $699,000 | Fidelity National Title Co | |
| Depalma Kathleen L | -- | -- | |
| Vargas Kathleen Leitcher | $391,500 | Chicago Title Co | |
| Martin Barry | $270,000 | Chicago Title Co | |
| Schnoor Barbara A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | David Family Trust | $100,000 | |
| Previous Owner | Vargas Kathleen Leitcher | $275,000 | |
| Previous Owner | Martin Barry | $270,000 | |
| Closed | Vargas Kathleen Leitcher | $77,350 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2016 05/13/16 | Sold | $699,000 | 0.0% | $506 / Sq Ft |
| 04/06/2016 04/06/16 | Pending | -- | -- | -- |
| 03/31/2016 03/31/16 | For Sale | $699,000 | -- | $506 / 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 | $2,355 | $224,473 | $41,713 | $182,760 |
| 2024 | $2,311 | $220,073 | $40,896 | $179,177 |
| 2023 | $2,311 | $215,759 | $40,095 | $175,664 |
| 2022 | $2,164 | $211,529 | $39,309 | $172,220 |
| 2021 | $2,129 | $207,383 | $38,539 | $168,844 |
| 2020 | $2,106 | $205,257 | $38,144 | $167,113 |
| 2019 | $2,083 | $201,234 | $37,397 | $163,837 |
| 2018 | $2,040 | $197,289 | $36,664 | $160,625 |
| 2017 | $7,645 | $712,980 | $433,500 | $279,480 |
| 2016 | $5,343 | $498,328 | $330,948 | $167,380 |
| 2015 | $5,262 | $490,843 | $325,977 | $164,866 |
| 2014 | $4,761 | $481,229 | $319,592 | $161,637 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Stanley Craig
BHGRE HAVEN PROPERTIES
(805) 235-0514
22 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC1065134
APN: 065-134-023
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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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