NOT LISTED FOR SALE

2228 Coral Ave Morro Bay, CA 93442

Estimated Value: $1,562,323 - $2,015,000

4 Beds
3.5 Baths
2,861 Sq Ft
$647/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $722,190 $252 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $10,783/month

261 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Del Mar Elementary School Rated A-
  • Cathedral Ceiling
  • 3-minute walk to Cloisters Park

About This Home

As of May 2012

Impressive 2,850 sq Ft Craftsman style 2 story home located in the Cloister's tract. Stunning Morro Rock and Ocean views. Granite counter tops ordain the well appointed kitchen. An open floor plan with sculptured cathedral ceilings, granite faced fireplace and wood floors finish the room. The 4 bedroom 3.5 bath home is meticulously maintained. Only a short walk to the beach or park on the paved walking paths. Space ready for a dumb waiter. Assessment is $1,200 a year.

Last Agent to Sell the Property

Stanley Craig

BHGRE HAVEN PROPERTIES License #00995466 Listed on: 08/16/2011

BHGRE HAVEN PROPERTIES

Last Buyer's Agent

Cynthia Fisher

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,070

Year Built

  • Built in 2002

Lot Details

  • 5,001 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Converted Garage
  • Parking Available

Property Views

  • Ocean
  • Hills
  • Rock

Home Design

  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 2,861 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065388050

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,070

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Subdivision Name Other: Cloisters(740)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065388050
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2861.00
  • Interior Amenities: Cathedral Ceiling(s), Pantry
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 252.43
  • Room Type: Den, Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Ocean, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Deck
  • Roof: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Converted Garage, Covered

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Gas Cooking, Disposal, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level with Street, Paved, Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lot Size Area: 5001.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2013
Sold by
Nakamura Dean S and Nakamura Elizabeth
Bought by
Nakamura Dean S and Nakamura Elizabeth Wells
Current Estimated Value
$1,850,581

Purchase Details

Listed on
Aug 16, 2011
Closed on
May 16, 2012
Sold by
Jelstrom Gregory D and Iten Tracy A
Bought by
Nakamura Dean S and Nakamura Elizabeth
Seller's Agent
Stanley Craig
BHGRE HAVEN PROPERTIES
Buyer's Agent
Cynthia Fisher
BHGRE HAVEN PROPERTIES
List Price
$719,000
Sold Price
$722,190
Premium/Discount to List
$3,190
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$541,643
Outstanding Balance
$377,059
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,473,726

Purchase Details

Closed on
Apr 24, 2007
Sold by
Jelstrom Gregory and Iten Tracy
Bought by
Jelstrom Gregory D and Iten Tracy A

Purchase Details

Closed on
May 3, 2005
Sold by
Mbay 7 Inc
Bought by
Jelstrom Gregory and Iten Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 31, 2003
Sold by
Mercier Rick E and Enochs Steve
Bought by
Mbay 7 Inc

Purchase Details

Closed on
Oct 10, 2002
Sold by
Enochs Lisa Z
Bought by
Enochs Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2002
Sold by
Mercier Kimberly Ann
Bought by
Mercier Rick E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Nakamura Dean S -- None Available
Nakamura Dean S $722,500 First American Title Company
Jelstrom Gregory D -- None Available
Jelstrom Gregory $980,000 First American Title Co
Mbay 7 Inc $258,000 --
Enochs Steve -- Fidelity Title Company
Mercier Rick E -- Fidelity Title Company
Mercier Rick E -- Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakamura Dean S $541,643
Previous Owner Jelstrom Gregory D $85,000
Previous Owner Jelstrom Gregory $882,000
Previous Owner Jelstrom Gregory $232,000
Previous Owner Jelstrom Gregory $650,000
Previous Owner Enochs Steve $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $722,190 +0.4% $252 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
08/16/2011 08/16/11 For Sale $719,000 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,070 $906,987 $376,811 $530,176
2024 $10,893 $889,204 $369,423 $519,781
2023 $10,893 $871,770 $362,180 $509,590
2022 $10,288 $854,678 $355,079 $499,599
2021 $10,144 $837,920 $348,117 $489,803
2020 $10,053 $829,329 $344,548 $484,781
2019 $9,961 $813,069 $337,793 $475,276
2018 $9,790 $797,127 $331,170 $465,957
2017 $9,623 $781,498 $324,677 $456,821
2016 $9,459 $766,175 $318,311 $447,864
2015 $9,333 $754,667 $313,530 $441,137
2014 -- $739,885 $307,389 $432,496
Source: Public Records

Agents Affiliated with this Home

  • Stanley Craig

    Seller's Agent in 2012

    Stanley Craig

    BHGRE HAVEN PROPERTIES

    (805) 235-0514

    22 in this area

    44 Total Sales

    Stanley Craig
    Section Image

  • C

    Buyer's Agent in 2012

    Cynthia Fisher

    BHGRE HAVEN PROPERTIES

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC179395

California Regional Multiple Listing Service (CRMLS)

APN: 065-388-050

California San Luis Obispo County Morro Bay 93442

2228 Coral Ave, Morro Bay, CA

This home is located at 2228 Coral Ave, Morro Bay, CA 93442 since 16 August 2011 and is currently estimated at $1,850,581, approximately $646 per square foot. This property was built in 2002. 2228 Coral Ave is a home located in San Luis Obispo County with nearby schools including Del Mar Elementary School, Los Osos Middle School, and Morro Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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