Seller's Agent in 2019
Lorraine Sterkel
Horizon Realty & Property Mgt
(805) 440-6853
12 in this area
25 Total Sales
213 Dunes St Morro Bay, CA 93442
Estimated Value: $1,736,263
1
Bed
2
Baths
4,000
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Ocean View
- Ocean Side of Freeway
- Cooling System Powered By Gas
- Del Mar Elementary School Rated A-
- Traditional Architecture
- 3-minute walk to Centennial Parkway
About This Home
As of June 2019Spectacular location and Views from all units. This property is in a multiple zoning area currently VSC-Visitor Service Commercial and was originally a bed and breakfast. Check with city planning to see other zoning possibilities. In 1989 owner starting renting as monthly long term. 5 garages. All units are big, roomy. All units share same meter for Gas/Electric/Water/Cable. Brezden Pest Control report done in December, 2016 and Termite repairs done in January 2017 by Brezden Pest Control and exterior completely painted in 2017 also.
This would be a great complex for owner to live in front or one of units and have some rental income to offset expenses.
Not EZ to show and will be subject to an offer.
Last Agent to Sell the Property
Horizon Realty & Property Mgt License #00648760 Listed on: 04/30/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,305
Year Built
- Built in 1986
Lot Details
- 5,300 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Parking
- 5 Car Garage
Property Views
- Ocean
- Back Bay
Home Design
- Traditional Architecture
- Property Attached
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Tinted Windows
- Blinds
- Laundry Room
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Freeway
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Water Heater
- Sewer Assessments
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 066035003
Community Details
Overview
- 3 Units
- Embarcadero Subdivision
Building Details
- Cable TV Expense $1,400
- Electric Expense $3,300
- Fuel Expense $1,200
- Insurance Expense $1,000
- Trash Expense $250
- Water Sewer Expense $2,000
- New Taxes Expense $14,839
- Operating Expense $9,500
- Gross Income $75,900
- Net Operating Income $68,469
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2019
Closed on
Jul 9, 2019
Sold by
Zerega Matthew J and Zerega Toni J
Bought by
Zerega Matthew J and Zerega Toni J
Seller's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
Buyer's Agent
Linda Wilson
Richardson Sotheby's International Realty
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%
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
$536,263
Avg. Annual Appreciation
6.13%
Original Mortgage
$800,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 30, 2019
Closed on
May 24, 2019
Sold by
The Albert W Coffey Living Trust
Bought by
Zerega Matt J and Zerega Toni J
Seller's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
Buyer's Agent
Linda Wilson
Richardson Sotheby's International Realty
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 26, 2001
Sold by
Wolff Diane E
Bought by
Wolff Diane E and The Diane E Wolff Living Trust
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 |
|---|---|---|---|
| Zerega Matthew J | -- | First American Title Company | |
| Zerega Matt J | $1,200,000 | First American Title Company | |
| Wolff Diane E | -- | -- | |
| Coffey Albert W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zerega Matthew J | $608,250 | |
| Closed | Zerega Matt J | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2019 06/14/19 | Sold | $1,200,000 | -11.0% | $300 / Sq Ft |
| 05/10/2019 05/10/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | For Sale | $1,349,000 | -- | $337 / 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 | $14,305 | $1,327,464 | $613,533 | $713,931 |
| 2024 | $14,045 | $1,301,436 | $601,503 | $699,933 |
| 2023 | $14,045 | $1,275,918 | $589,709 | $686,209 |
| 2022 | $13,164 | $1,250,901 | $578,147 | $672,754 |
| 2021 | $12,953 | $1,226,374 | $566,811 | $659,563 |
| 2020 | $12,834 | $1,213,800 | $561,000 | $652,800 |
| 2019 | $3,896 | $363,321 | $89,563 | $273,758 |
| 2018 | $3,819 | $356,198 | $87,807 | $268,391 |
| 2017 | $3,744 | $349,215 | $86,086 | $263,129 |
| 2016 | $3,671 | $342,369 | $84,399 | $257,970 |
| 2015 | $3,615 | $337,228 | $83,132 | $254,096 |
| 2014 | $3,319 | $330,623 | $81,504 | $249,119 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Sterkel
-
Jim Lovato
J
Seller Co-Listing Agent in 2019
Jim Lovato
Jim Lovato Real Estate Service
(805) 440-9730
2 Total Sales
-
Linda Wilson
Buyer's Agent in 2019
Linda Wilson
Richardson Sotheby's International Realty
(805) 550-5212
96 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC19091551
APN: 066-035-003
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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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