NOT LISTED FOR SALE

196 Panay St Morro Bay, CA 93442

Estimated Value: $1,079,000 - $1,357,726

3 Beds
2 Baths
1,120 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $670,000 $598 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,702/month

86 Days on Market

Highlights

  • Ocean View
  • Deck
  • Eat-In Kitchen
  • Del Mar Elementary School Rated A-
  • No HOA
  • Bathtub with Shower

About This Home

As of October 2018

This home is 1 block from the ocean where you can walk 6 miles of sandy beach. Beach Tract home on 2 lots (2 parcels #'s) making it a 6,865 square feet lot. 3365 sq ft on 1 lot & 3500 sq ft on the 2nd. Plenty of room to add that Granny Unit or build 2 separate homes or add a bunch more square footage to this single story home. Both lots are street to street. Ocean view from the living room and dining room. Morro Rock view from the master bedroom and mountain views from the back yard and deck off the master bedroom. Fireplace in the living room and a 2 car garage.

Last Agent to Sell the Property

Richard Gardner

Coastal Real Estate License #01036245 Listed on: 06/27/2018

Last Buyer's Agent

Tim Cowan

BHGRE HAVEN PROPERTIES License #02021716

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 6,800 Sq Ft Lot
  • Wood Fence
  • Wire Fence
  • Level Lot
  • Irregular Lot
  • 065-106-047
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Mountain

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065106046

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Beach Tract(730)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065106046
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1120.00 Square Feet
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 598.21
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Mountain(s), Ocean
  • Fence: Yes
  • Fencing: Wire, Wood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Disposal, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 065-106-047
  • Land Lease: No
  • Lot Features: Irregular Lot, Level
  • Lot Size Sq Ft: 6800.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Friesen Jay D and Friesen Cynthia K
Bought by
Friesen Family Amended Living Trust and Friesen
Current Estimated Value
$1,265,432

Purchase Details

Closed on
Nov 6, 2019
Sold by
Friesen Jay D and Friesen Cynithia K
Bought by
Friesen Jay D and Friesen Cynthia K

Purchase Details

Listed on
Jun 27, 2018
Closed on
Oct 23, 2018
Sold by
House Jr Coy Stanford and House Janice Marie
Bought by
Friesen Jay D and Friesen Cynthia K
Seller's Agent
Richard Gardner
Coastal Real Estate
Buyer's Agent
Tim Cowan
BHGRE HAVEN PROPERTIES
List Price
$750,000
Sold Price
$670,000
Premium/Discount to List
-$80,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$536,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2011
Sold by
House Coy Stanford and House Janice Marie
Bought by
House Coy Stanford and House Janice Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,100
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2007
Sold by
House Coy Stanford and House Janice M
Bought by
House Coy Stanford and House Janice Marie

Purchase Details

Closed on
Mar 25, 2004
Sold by
House Coy Stanford and House Janice M
Bought by
House Coy Stanford and House Janice Marie

Purchase Details

Closed on
Aug 14, 1996
Sold by
Loveridge Cathy and Newcomb Cathy
Bought by
House Coy Stanford and House Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1994
Sold by
Acker Steven T
Bought by
Newcomb Cathy
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
Friesen Family Amended Living Trust -- None Listed On Document
Friesen Jay D -- First American Title
Friesen Jay D $670,000 First American Title Co
House Coy Stanford -- Accommodation
House Coy Stanford -- Fidelity National Title Co
House Coy Stanford -- None Available
House Coy Stanford -- --
House Coy Stanford $145,000 Chicago Title Co
Loveridge Cathy -- Chicago Title Co
Newcomb Cathy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friesen Jay D $536,000
Previous Owner House Coy Stanford $187,100
Previous Owner House Coy Stanford $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $670,000 -2.2% $598 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
08/30/2018 08/30/18 Price Changed $685,000 -2.1% $612 / Sq Ft
08/21/2018 08/21/18 Price Changed $699,900 -2.7% $625 / Sq Ft
08/13/2018 08/13/18 Price Changed $719,000 -2.7% $642 / Sq Ft
08/02/2018 08/02/18 Price Changed $739,000 -1.5% $660 / Sq Ft
06/27/2018 06/27/18 For Sale $750,000 -- $670 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,832 $1,099,184 $524,292 $574,892
2024 $11,617 $1,077,632 $514,012 $563,620
2023 $11,617 $1,056,503 $503,934 $552,569
2022 $10,887 $1,035,788 $494,053 $541,735
2021 $10,713 $1,015,479 $484,366 $531,113
2020 $0 $443,700 $239,700 $204,000
2019 $4,664 $435,000 $235,000 $200,000
2018 $1,098 $102,398 $66,622 $35,776
2017 $1,076 $100,391 $65,316 $35,075
2016 $1,055 $98,424 $64,036 $34,388
2015 $1,039 $96,947 $63,075 $33,872
2014 $954 $95,049 $61,840 $33,209
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC18154681

California Regional Multiple Listing Service (CRMLS)

APN: 065-106-046