P
Seller's Agent in 2020
Patrick Mulholland
Compass
(805) 423-6390
10 Total Sales
234 Pacific St Morro Bay, CA 93442
Estimated Value: $788,194 - $913,000
2
Beds
1
Bath
804
Sq Ft
$1,059/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Coastline Views
- All Bedrooms Downstairs
- Del Mar Elementary School Rated A-
- Fishing
- 3-minute walk to Morro bay dog park
About This Home
As of August 2020Residential home within close proximity to picturesque Morro Bay harbor and Embarcadero. An incredibly sited parcel conveniently close to world-class dining, Marina Square, shopping, beaches, and downtown. Only a half block to the Embarcadero and harbor. This residence offers a true coastal hideaway of unsurpassed natural beauty. Licensed as a Vacation Rental with increasing monthly year over year income. Immediate receivable 2020 cash flow with future booked reservations. The home's comprised of 2 bedrooms, 1 bathroom, 1 car garage and large private yard. Refreshed from floor to ceiling, carefully furnished, and being enjoyed daily by vacationers from around the globe. The residence offers comfortable living, bedroom space and full kitchen. Large private yard encourage an outdoor living environment. Zoned CVS – Community Visitor Serving, the property is primed positioned to continue as a successful Vacation Rental, primary or second home, or the location invites potential redevelopment. A Premier Partner on VRBO and Superhost on Airbnb. This property has a great track record and is a turn-key opportunity for those looking to invest in a property with expanding future potential.
Home Details
Home Type
- Single Family
Year Built
- Built in 1938 | Remodeled
Lot Details
- 3,800 Sq Ft Lot
- Wood Fence
- Paved or Partially Paved Lot
- Level Lot
- Drip System Landscaping
- Back Yard
- Value in Land
Parking
- 1 Car Garage
- Parking Available
- Single Garage Door
- Assigned Parking
Property Views
- Coastline
- Harbor
- Views of a landmark
Home Design
- Craftsman Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 804 Sq Ft Home
- Furnished
- Beamed Ceilings
- Ceiling Fan
- Laundry Room
Kitchen
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- All Bedrooms Down
- 1 Bathroom
Outdoor Features
- Exterior Lighting
- Outdoor Storage
- Outdoor Grill
Utilities
- 220 Volts
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 066301018
Community Details
Overview
- No Home Owners Association
- Property is near a preserve or public land
Recreation
- Golf Course Community
- Fishing
- Park
- Dog Park
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
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
Feb 27, 2021
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
May 14, 2020
Closed on
Aug 13, 2020
Sold by
Bought by
Seller's Agent
Patrick Mulholland
Compass
Buyer's Agent
Yvonne Fisher
Fisher Real Estate
List Price
$595,000
Sold Price
$600,000
Premium/Discount to List
$5,000
0.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$480,000
Interest Rate
0.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2017
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
$1,455,000
Interest Rate
0.0394%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 25, 2016
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
$1,450,000
Interest Rate
0.0359%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 23, 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
0.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 15, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 Available | ||
| $600,000 | First American Title | ||
| -- | None Available | ||
| $1,650,000 | Fidelity National Title Co | ||
| $350,000 | Chicago Title Company | ||
| $80,000 | Cuesta Title Guarant 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 |
|---|---|---|---|
| Closed | $480,000 | ||
| Closed | $1,455,000 | ||
| Closed | $1,450,000 | ||
| Closed | -- | ||
| Closed | $280,000 |
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 |
|---|---|---|---|---|
| 08/25/2020 08/25/20 | Sold | $600,000 | +0.8% | $746 / Sq Ft |
| 07/23/2020 07/23/20 | Pending | -- | -- | -- |
| 07/13/2020 07/13/20 | For Sale | $595,000 | 0.0% | $740 / Sq Ft |
| 06/22/2020 06/22/20 | Pending | -- | -- | -- |
| 05/14/2020 05/14/20 | For Sale | $595,000 | -- | $740 / 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 |
|---|---|---|---|---|
| 2025 | $7,037 | $649,457 | $487,093 | $162,364 |
| 2024 | $6,910 | $636,724 | $477,543 | $159,181 |
| 2023 | $6,910 | $624,240 | $468,180 | $156,060 |
| 2022 | $6,476 | $612,000 | $459,000 | $153,000 |
| 2021 | $6,374 | $600,000 | $450,000 | $150,000 |
| 2020 | $3,909 | $368,025 | $324,729 | $43,296 |
| 2019 | $3,869 | $360,810 | $318,362 | $42,448 |
| 2018 | $3,793 | $353,736 | $312,120 | $41,616 |
| 2017 | $3,719 | $346,800 | $306,000 | $40,800 |
| 2016 | $4,557 | $425,000 | $370,000 | $55,000 |
| 2015 | $3,816 | $356,000 | $310,000 | $46,000 |
| 2014 | $3,223 | $321,000 | $280,000 | $41,000 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Mulholland
-
Frankie Ciano
Seller Co-Listing Agent in 2020
Frankie Ciano
Ciano Real Estate, Inc.
(805) 748-1026
59 Total Sales
-
Yvonne Fisher
Buyer's Agent in 2020
Yvonne Fisher
Fisher Real Estate
(760) 687-8599
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC20091678
APN: 066-301-018
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.
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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