NOT LISTED FOR SALE

2536 Koa Ave Morro Bay, CA 93442

Estimated Value: $1,641,247 - $2,295,000

4 Beds
3 Baths
2,751 Sq Ft
$682/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,299,950 $473 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $11,446/month

13 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Living Room with Attached Deck
  • Del Mar Elementary School Rated A-
  • Bonus Room
  • High Ceiling

About This Home

As of May 2019

This beautiful 4 Bedroom, 3 bath home has amazing views from almost every room. It is immaculate. You enter and either take the built in elevator or the stairs to the 2nd and 3rd floors. There are 2 bedrooms on the 2nd floor plus a bonus room that is plummed for washer and dryer, has a fridge and private entrance. It can possibly be used as a studio, game room or Man cave. Walk up to the 3rd floor and you will find a large living room with endless views of the rock, and the whole coastline up to Cayucos. A large patio off the living room is ideal for morning coffee or sunrises and sunsets. The kitchen and dining room are just off the living room with all modern appliances and beautiful granite counter tops. Laundry room is just off the kitchen area. Two more bedrooms grace the 3rd level. The master ....again, forever views also boasts a full well appointed bath with walk in closet. The back bedroom is curantly being used as an office. Don't forget to check out the back patio with storage shed and lots of room to enjoy those balmy summer evenings.

Last Agent to Sell the Property

Janne Reddell

Bayshore Realty License #01193399 Listed on: 04/18/2019

Last Buyer's Agent

Valerie Burres

Scenic Coast Property Management License #01361243

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,711

Year Built

  • Built in 2011

Lot Details

  • 4,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 2,751 Sq Ft Home
  • 3-Story Property
  • Elevator
  • High Ceiling
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Bonus Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Kitchen
  • Washer Hookup

Outdoor Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 068256015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,711

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 8057484930
  • Property Attached: No
  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068256015
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2751.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Granite Counters, High Ceilings, Living Room Deck Attached
  • Stories: 3
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 472.54
  • Room Type: Bonus Room, Kitchen, Living Room, Main Floor Bedroom, Master Bedroom, Walk-In Closet

Exterior Features

  • View: Coastline, Ocean
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Watersports

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Burres Timothy W and Burres Valerie J
Bought by
Burres Timothy William and Burres Valerie Janine
Current Estimated Value
$1,875,062

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 8, 2019
Sold by
Mills Rita A and Glenn H And Rita A Mills Trust
Bought by
Burres Tmothy W and Burres Valerie J
Seller's Agent
Janne Reddell
Bayshore Realty
Buyer's Agent
Valerie Burres
Scenic Coast Property Management
List Price
$1,299,950
Sold Price
$1,299,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$667,000
Outstanding Balance
$586,456
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,317,513

Purchase Details

Closed on
Feb 28, 2015
Sold by
Mills Rita A
Bought by
Mills Rita A

Purchase Details

Closed on
Jan 24, 2012
Sold by
Mills Glenn H and Mills Rita A
Bought by
Mills Glenn H and Mills Rita A

Purchase Details

Closed on
May 18, 2011
Sold by
Romero Robert P
Bought by
Mills Glenn H and Mills Rita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Rodriguez John and Rodriguez Norine
Bought by
Romero Robert P

Purchase Details

Closed on
Sep 10, 2001
Sold by
Sumida Alice E
Bought by
Rodriguez John and Rodriguez Norine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 11, 1997
Sold by
Briones Ellen and Gilton Bradley G
Bought by
Sumida Alice E and Alice E Sumida Living Trust
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
Burres Timothy William -- None Available
Burres Tmothy W $1,300,000 Placer Title Co Cambr
Mills Rita A -- Public
Mills Glenn H -- None Available
Mills Glenn H $779,000 First American Title Company
Romero Robert P $208,000 First American Title Company
Rodriguez John $165,000 Fidelity National Title Co
Sumida Alice E $67,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burres Tmothy W $667,000
Previous Owner Mills Glenn H $345,000
Previous Owner Mills Glenn H $350,000
Previous Owner Rodriguez John $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $1,299,950 0.0% $473 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $1,299,950 -- $473 / 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 $15,711 $1,450,058 $752,972 $697,086
2024 $15,427 $1,421,626 $738,208 $683,418
2023 $15,427 $1,393,752 $723,734 $670,018
2022 $14,460 $1,366,425 $709,544 $656,881
2021 $14,942 $1,339,633 $695,632 $644,001
2020 $14,084 $1,325,898 $688,500 $637,398
2019 $9,330 $877,136 $394,092 $483,044
2018 $9,146 $859,938 $386,365 $473,573
2017 $8,965 $843,078 $378,790 $464,288
2016 $8,788 $826,548 $371,363 $455,185
2015 $8,652 $814,133 $365,785 $448,348
2014 $7,944 $798,186 $358,620 $439,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC19088838

California Regional Multiple Listing Service (CRMLS)

APN: 068-256-015