NOT LISTED FOR SALE

2511 Laurel Ave Morro Bay, CA 93442

Estimated Value: $813,973 - $1,067,000

3 Beds
2 Baths
1,500 Sq Ft
$649/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $615,000 $410 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,921/month

17 Days on Market

Highlights

  • White Water Ocean Views
  • Deck
  • No HOA
  • Del Mar Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of October 2018

Spectacular ocean views from this adorable home located in the Heights of Morro Bay. The options are yours, enjoy this home as a three bedroom two bath or rental investment with 2 bedrooms 1 bath upstairs and private 1 bath studio downstairs. Which ever way you choose to take advantage of this great home you will appreciate the upgraded kitchen complete with custom built oak cabinets with slide out drawers, new windows and water proof vinyl plank floors. Keep cozy on those cool coastal nights with your option of a genuine wood burning fireplace or central gas heating. Step outside and soak in the central coast sunshine on the freshly built synthetic wood wrap around deck. The views can not be overstated, it is a spectacular vantage point to enjoy sights from the abalone farm to the back bay. Take advantage now and live the central coast dream.

Last Agent to Sell the Property

Mike Oliver

BHGRE Haven Properties License #01898274 Listed on: 08/10/2018

BHGRE Haven Properties

Last Buyer's Agent

Mike Oliver

BHGRE Haven Properties License #01898274 Listed on: 08/10/2018

BHGRE Haven Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,433

Year Built

  • Built in 1962

Lot Details

  • 3,782 Sq Ft Lot
  • Property is zoned 10

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Back Bay
  • Harbor
  • Bluff

Home Design

  • Split Level Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Wood Burning Fireplace
  • Pots and Pans Drawers

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068256010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,433

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: 10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068256010
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 410.00
  • Room Kitchen Features: Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • View: Back Bay, Bay, Coastline, Harbor, Water, White Water
  • Patio And Porch Features: Deck, Wrap Around
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff
  • Lot Size Sq Ft: 3782.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 4, 2018
Sold by
Metzler Rosa and The Vallin Family Trust
Bought by
Pistoresi Phillip and Pistoresi Melissa
Seller's Agent
Mike Oliver
BHGRE Haven Properties
Buyer's Agent
Mike Oliver
BHGRE Haven Properties
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Current Estimated Value
$972,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,993
Avg. Annual Appreciation
6.87%
Original Mortgage
$307,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1995
Sold by
Vallin Maria Luisa
Bought by
Vallin Maria Luisa

Purchase Details

Closed on
Mar 17, 1994
Sold by
Anderson Ray D and Anderson Barbara J
Bought by
Vallin Jose and Vallin Maria Luisa
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
Pistoresi Phillip $615,000 Fidelity National Title Co
Vallin Maria Luisa -- --
Vallin Jose $55,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pistoresi Phillip $304,000
Closed Pistoresi Phillip $307,000
Previous Owner Vallin Maria L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $615,000 -5.4% $410 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $650,000 -- $433 / 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 $7,433 $686,039 $446,205 $239,834
2024 $7,299 $672,588 $437,456 $235,132
2023 $7,299 $659,401 $428,879 $230,522
2022 $6,841 $646,472 $420,470 $226,002
2021 $6,733 $633,797 $412,226 $221,571
2020 $6,663 $627,300 $408,000 $219,300
2019 $6,594 $615,000 $400,000 $215,000
2018 $1,371 $127,879 $33,238 $94,641
2017 $1,344 $125,373 $32,587 $92,786
2016 $1,318 $122,916 $31,949 $90,967
2015 $1,298 $121,071 $31,470 $89,601
2014 $1,192 $118,700 $30,854 $87,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18194267

California Regional Multiple Listing Service (CRMLS)

APN: 068-256-010