NOT LISTED FOR SALE

2491 Koa Ave Morro Bay, CA 93442

Estimated Value: $1,265,855 - $1,712,000

5 Beds
4 Baths
2,673 Sq Ft
$535/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $850,000 $318 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,679/month

146 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Main Floor Primary Bedroom
  • Del Mar Elementary School Rated A-
  • Deck
  • L-Shaped Dining Room

About This Home

As of August 2016

Huge Reduction! $200K Drop for your new Panoramic Views and so much more! Super unique opportunity. Main Home with Semi-Attached Guest House situated on a Street to Street Lot! Bonus easement to use adjacent City owned Lot, creating an expansive view plane and private appeal. The Koa Street home lives like a single level. This is a 4 Bedroom, 3 Bath Open living space with large Master bedroom and Bath on the Main Level along with the kitchen, dining, living room and laundry. Three more bedrooms are downstairs. On Juniper St, resides a permitted 2nd unit with kitchen, living room and bedroom added on in 2008 along with 2 car garage. This house sits tall on the lot with mesmerizing views throughout. What an opportunity!

Last Agent to Sell the Property

Jay Chiasson

Navigators Real Estate License #01836276 Listed on: 02/12/2016

Last Buyer's Agent

Ian Starkie

Rock Star Properties License #01891414

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,688

Year Built

  • Built in 1984

Lot Details

  • 3,729 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned R,SFR

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Rock

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 2,673 Sq Ft Home
  • Wood Burning Fireplace
  • L-Shaped Dining Room
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Attached Guest House
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068274023

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,688

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: R,SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068274023
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2673.00
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Dining Ell
  • Fireplace Features: Wood Burning
  • Levels: Two
  • Price Per Square Foot: 317.99
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Block, Pillar/Post/Pier
  • Other Structures: Guest House Attached
  • View: Ocean, Panoramic, Rocks
  • Patio And Porch Features: Deck
  • Roof: Tar/Gravel

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 3729.00
  • Lot Size Acres: 0.0860

Multi Family

  • Lot Size Area: 3729.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Jul 14, 2016
Sold by
Kesler Sally A
Bought by
Fredericks Joseph and Fredericks Elaine
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Ian Starkie
Rock Star Properties
List Price
$1,195,000
Sold Price
$850,000
Premium/Discount to List
-$345,000
-28.87%
Current Estimated Value
$1,429,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,464
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Jul 7, 2005
Sold by
Kesler Sally A
Bought by
Kesler Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2003
Sold by
Kesler Sally
Bought by
Kesler Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2001
Sold by
Bacon Guy
Bought by
Krueger Dennis C and Krueger Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,650
Interest Rate
7.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 26, 1999
Sold by
Felder William G and Felder Betty L
Bought by
Kesler Sally A

Purchase Details

Closed on
Apr 21, 1999
Sold by
Kesler Lynn O
Bought by
Kesler Sally A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fredericks Joseph $850,000 Fidelity National Title Co
Kesler Sally A -- First American Title Co
Kesler Sally A -- First American Title Co
Kesler Sally A -- First American Title Company
Kesler Sally -- First American Title Company
Krueger Dennis C $179,500 First American Title
Kesler Sally A $325,000 Fidelity National Title Co
Kesler Sally A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kesler Sally A $266,000
Previous Owner Kesler Sally $270,000
Previous Owner Krueger Dennis C $125,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2016 08/11/16 Sold $850,000 -15.0% $318 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $999,500 -16.4% $374 / Sq Ft
02/12/2016 02/12/16 For Sale $1,195,000 -- $447 / 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 $10,688 $986,492 $551,275 $435,217
2024 $10,495 $967,150 $540,466 $426,684
2023 $10,495 $948,187 $529,869 $418,318
2022 $9,837 $929,596 $519,480 $410,116
2021 $9,681 $911,370 $509,295 $402,075
2020 $9,582 $902,026 $504,073 $397,953
2019 $9,482 $884,340 $494,190 $390,150
2018 $9,296 $867,000 $484,500 $382,500
2017 $9,114 $850,000 $475,000 $375,000
2016 $5,828 $550,493 $211,883 $338,610
2015 $5,738 $542,225 $208,701 $333,524
2014 $5,267 $531,604 $204,613 $326,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1063412

California Regional Multiple Listing Service (CRMLS)

APN: 068-274-023