Seller's Agent in 2017
Lori Bagby
Platinum Properties
(805) 610-9332
54 Total Sales
220 Formosa St Morro Bay, CA 93442
Estimated Value: $1,116,392 - $1,347,000
2
Beds
2
Baths
1,665
Sq Ft
$757/Sq Ft
Est. Value
Highlights
- Ocean View
- Beach Access
- Corner Lot
- Del Mar Elementary School Rated A-
- Wood Burning Stove
- No HOA
About This Home
As of October 2017Beach tract beauty just seven houses from the beach with a peak of the ocean from the front yard! Enjoy gorgeous beach and Morro Rock views as you wander down the street to the beach access trail. The home offers quality construction with spacious rooms including a family room and formal living room, both with fireplaces! The guest bedroom is located adjacent to the large laundry room, both oversized and situated perfectly for an easy conversion into two guest bedrooms, creating a 3 bedroom 2 bath floor plan. From the master suite and throughout the home, the storage is abundant. The attached garage is oversized with a workshop! Step outside to a beautifully landscaped yard and concrete patio. The landscape offers beautiful flowers, a lemon tree, as well as a detached storage building, all fenced in. Call today for a showing!
Last Agent to Sell the Property
Platinum Properties License #01950556 Listed on: 06/15/2017
Home Details
Home Type
- Single Family
Year Built
- Built in 1975
Lot Details
- 5,880 Sq Ft Lot
- Landscaped
- Corner Lot
- Density is up to 1 Unit/Acre
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Ocean
- Neighborhood
Home Design
- Composition Roof
- Stucco
Interior Spaces
- 1,665 Sq Ft Home
- Ceiling Fan
- Wood Burning Stove
- Blinds
- Family Room with Fireplace
- Living Room with Fireplace
- Workshop
- Laminate Flooring
- Laundry Room
Kitchen
- Gas Cooktop
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Tile Bathroom Countertop
Outdoor Features
- Beach Access
- Patio
- Exterior Lighting
- Shed
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 065124024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2017
Closed on
Sep 20, 2017
Sold by
Lee James C and Lawrence Eugene Lee Revocable
Bought by
Anderson Wayne Lee and Anderson Judith Lynn
Seller's Agent
Lori Bagby
Platinum Properties
Buyer's Agent
Dale Kaiser
Dale Kaiser Real Estate
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%
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
$609,598
Avg. Annual Appreciation
8.38%
Purchase Details
Listed on
Dec 2, 2015
Closed on
Mar 17, 2016
Sold by
Lee Lawrence E
Bought by
Lee Lawrence E
Seller's Agent
Heather Roda
Platinum Properties
Buyer's Agent
Kathleen Hustace
Century 21 Masters
List Price
$659,000
Sold Price
$654,000
Premium/Discount to List
-$5,000
-0.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.36%
Purchase Details
Listed on
Dec 2, 2015
Closed on
Dec 17, 2015
Sold by
Tuinstra Todd and Tuinstra Lisa
Bought by
Lee Lawrence E
Seller's Agent
Heather Roda
Platinum Properties
Buyer's Agent
Kathleen Hustace
Century 21 Masters
List Price
$659,000
Sold Price
$654,000
Premium/Discount to List
-$5,000
-0.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,800
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 2012
Sold by
Daum Karen
Bought by
Tuinstra Todd and Tuinstra Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2007
Sold by
Ranck Ruby M
Bought by
Ranck Ruby M
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 |
|---|---|---|---|
| Anderson Wayne Lee | $650,000 | Placer Title Company | |
| Lee Lawrence E | -- | None Available | |
| Lee Lawrence E | $654,000 | First American Title Company | |
| Tuinstra Todd | $310,000 | First American Title Company | |
| Ranck Ruby M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lee Lawrence E | $457,800 | |
| Previous Owner | Tuinstra Todd | $279,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2017 10/13/17 | Sold | $650,000 | -5.7% | $390 / Sq Ft | |
| 09/14/2017 09/14/17 | Pending | -- | -- | -- | |
| 08/01/2017 08/01/17 | Price Changed | $689,000 | -1.4% | $414 / Sq Ft | |
| 07/12/2017 07/12/17 | Price Changed | $699,000 | -3.6% | $420 / Sq Ft | |
| 06/09/2017 06/09/17 | For Sale | $725,000 | +10.9% | $435 / Sq Ft | |
| 01/28/2016 01/28/16 | Sold | $654,000 | -0.8% | $393 / Sq Ft | View Prior Sale |
| 12/09/2015 12/09/15 | Pending | -- | -- | -- | |
| 12/02/2015 12/02/15 | For Sale | $659,000 | -- | $396 / 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 | $7,936 | $739,583 | $483,574 | $256,009 |
| 2024 | $7,791 | $725,083 | $474,093 | $250,990 |
| 2023 | $7,791 | $710,867 | $464,798 | $246,069 |
| 2022 | $7,301 | $696,930 | $455,685 | $241,245 |
| 2021 | $7,258 | $683,265 | $446,750 | $236,515 |
| 2020 | $7,184 | $676,260 | $442,170 | $234,090 |
| 2019 | $7,109 | $663,000 | $433,500 | $229,500 |
| 2018 | $6,970 | $650,000 | $425,000 | $225,000 |
| 2017 | $7,153 | $667,080 | $408,000 | $259,080 |
| 2016 | $5,063 | $472,160 | $291,784 | $180,376 |
| 2015 | $4,985 | $465,069 | $287,402 | $177,667 |
| 2014 | $4,578 | $455,960 | $281,773 | $174,187 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Bagby
-
Dale Kaiser
Buyer's Agent in 2017
Dale Kaiser
Dale Kaiser Real Estate
(805) 995-2900
26 in this area
146 Total Sales
-
Heather Roda
Seller's Agent in 2016
Heather Roda
Platinum Properties
(805) 610-9270
2 in this area
184 Total Sales
-
Kathleen Hustace
Buyer's Agent in 2016
Kathleen Hustace
Century 21 Masters
(805) 459-6436
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS17134721
APN: 065-124-024
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