NOT LISTED FOR SALE

2500 Elm Ave Morro Bay, CA 93442

Morro Bay Area

Estimated Value: $866,179 - $1,181,000

4 Beds
2 Baths
1,440 Sq Ft
$700/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2016

Last sale price $536,000 $372 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,933 / mo

6 Days on Market

About This Home

As of May 2016

Marketing Remarks: Great income opportunity or live in one, rent the other! Identical units that have been refurbished throughout. Nice comfortable floor plans with open living to kitchen. Both units have a little unblockable ocean view too! The back unit has a large fenced yard with patio deck. The location is quiet and desirable. Opportunities like this don't come to market often!

Last Agent to Sell the Property

Jay Chiasson

Navigators Real Estate License #01836276 Listed on: 04/20/2016

Last Buyer's Agent

Jay Chiasson

Navigators Real Estate License #01836276 Listed on: 04/20/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,001 Sq Ft Lot
  • Level Lot

Home Design

  • 1,440 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 068335013

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Subdivision Name Other: North Morro Bay(820)
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 068335013
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 372.22

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Utilities

  • Heating Type: Wall Furnace

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5001.00

Multi Family

  • Operating Expense: 1.00

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

Listed on
Apr 20, 2016
Closed on
May 3, 2016
Sold by
Bought by
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$539,000
Sold Price
$536,000
Premium/Discount to List
-$3,000
-0.56%
Current Estimated Value
$1,008,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,045
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Jul 25, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2007
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
$400,000
Interest Rate
0.0739%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 21, 2007
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
$400,000
Interest Rate
0.0739%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 2, 2004
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
$348,750
Interest Rate
0.0444%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2000
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
$154,000
Interest Rate
0.0823%

Purchase Details

Closed on
May 11, 1999
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$536,000 Fidelity National Title Co
-- None Available
-- First American Title Company
$500,000 First American Title Co
-- Chicago Title Company
$465,000 Chicago Title Company
-- Chicago Title Co
$50,000 Chicago Title Co
-- Chicago 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 $400,000
Previous Owner $49,950
Previous Owner $348,750
Previous Owner $154,000
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
05/20/2016 05/20/16 Sold $536,000 -0.6% $372 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $539,000 -- $374 / 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 $6,994 $634,507 $414,325 $220,182
2024 $6,751 $622,066 $406,201 $215,865
2023 $6,751 $609,870 $398,237 $211,633
2022 $6,327 $597,913 $390,429 $207,484
2021 $6,227 $586,190 $382,774 $203,416
2020 $6,163 $580,181 $378,850 $201,331
2019 $6,099 $568,806 $371,422 $197,384
2018 $5,979 $557,654 $364,140 $193,514
2017 $5,862 $546,720 $357,000 $189,720
2016 $4,825 $450,000 $250,000 $200,000
2015 $3,752 $350,000 $190,000 $160,000
2014 $3,213 $320,000 $175,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • Jay Chiasson

    Seller's Agent in 2016

    Jay Chiasson

    Navigators Real Estate

    (805) 591-9931

    56 Total Sales

    Jay Chiasson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1065981

California Regional Multiple Listing Service (CRMLS)

APN: 068-335-013

California San Luis Obispo County Morro Bay 93442

2500 Elm Ave, Morro Bay, CA

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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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