NOT LISTED FOR SALE
4 Beds
2 Baths
2,200 Sq Ft
9,695 Sq Ft Lot

Sale Details

Date Sold: October 20, 2021

Last sale price $920,000 $418 Per Sq Ft

223 Days on Market

Highlights

  • Detached Guest House
  • 0.22 Acre Lot
  • Tile Countertops
  • All Bedrooms Downstairs
  • No HOA
  • Foothills

About This Home

As of October 2021

Calling all investors! Two one-story single-family homes on one lot in North Morro Bay. Close proximity to downtown, restaurants, the beach and Morro Rock. Each home is approximately 900 square feet with two bedrooms, one bath, two car garage and fenced yards ready for gardening or entertaining. Good income producers with long standing tenants. Each home has its own meter for utilities. Washer dryer hookups in each garage. Listed as a duplex on tax records. Own your own investment property in the gorgeous beach community of Morro Bay.

Last Agent to Sell the Property

Shannon Bowdey

Keller Williams Realty Santa Barbara License #01894857 Listed on: 02/05/2021

Keller Williams Realty Santa Barbara

Last Buyer's Agent

Susie Brans

Central Coast Sotheby's International Realty License #01710596

Central Coast Sotheby's International Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 9,695 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Level

Home Design

  • 2,200 Sq Ft Home

Kitchen

  • Gas Range
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Laundry in Garage
  • Exterior Lighting
  • Detached Guest House
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 6 / 1
  • Tax Tract Number 52
  • Assessor Parcel Number 068314006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • North Morro Bay Subdivision
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $4,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

9,695 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Morro Bay (820)
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 068314006
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 418.18
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Guest House, Guest House Detached
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway Level, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 9695.00
  • Lot Size Acres: 0.2226

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 1100 Square Feet
  • Gross Income: 4000.00
  • Lot Size Area: 9695.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 4000.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 105.03
  • Tax Lot: 6
  • Tax Tract Number: 52

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Bought by

Purchase Details

Listed on
Feb 5, 2021
Closed on
Sep 22, 2021
Sold by
Bought by
Seller's Agent
Shannon Bowdey
Keller Williams Central Coast
Buyer's Agent
Susie Brans
Central Coast Sotheby's International Realty
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2002
Sold by
Bought by

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
6.51%

Purchase Details

Closed on
Aug 2, 2002
Sold by
Bought by

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
6.51%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Morro Bay, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$920,000 First American Title Company
-- None Available
-- None Available
-- First American Title Company
-- First American Title Company
-- --
-- First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $690,000
Previous Owner $525,000
Previous Owner $280,000
Previous Owner $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $920,000 -3.2% $418 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $950,000 0.0% $432 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $950,000 -- $432 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,761 $995,835 $595,337 $400,498
2025 $10,578 $976,310 $583,664 $392,646
2024 $10,387 $957,168 $572,220 $384,948
2023 $10,387 $938,400 $561,000 $377,400
2022 $9,736 $920,000 $550,000 $370,000
2021 $1,587 $149,364 $37,329 $112,035
2020 $1,570 $147,834 $36,947 $110,887
2019 $1,554 $144,936 $36,223 $108,713
2018 $1,524 $142,095 $35,513 $106,582
2017 $1,494 $139,310 $34,817 $104,493
2016 $1,464 $136,580 $34,135 $102,445
2015 $1,442 $134,530 $33,623 $100,907
2014 $1,324 $131,896 $32,965 $98,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI21019511

California Regional Multiple Listing Service (CRMLS)

APN: 068-314-006

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