NOT LISTED FOR SALE

255 Driftwood St Morro Bay, CA 93442

Estimated Value: $1,404,420 - $1,667,000

3 Beds
2.5 Baths
2,259 Sq Ft
$686/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $870,000 $385 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $9,369/month

20 Days on Market

Highlights

  • Ocean View
  • Deck
  • L-Shaped Dining Room
  • Del Mar Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Coleman Park

About This Home

As of February 2015

A location this close to the water is rarely found! Experience this elegant bay view home and be prepared to fall in love with all of its many upscale features and fabulous vistas. From the charming arched doorways to its cherry wood floors and custom-designed spindle banister gracefully winding up to the expansive living room, dining area, kitchen and master suite, you won't be disappointed. Step out onto the decks and enjoy the bay view as the light changes throughout the day or meander to the Embarcadero just a block away from your home. Called the town of El Morro, you'll have the opportunity to feel nestled into your bay-town home while not being far away from the heart of Morro Bay and its many seaside activities. View the home and the feature sheet and make this dream home your own.

Last Agent to Sell the Property

Nicole Hoffman

BHGRE HAVEN PROPERTIES License #01059345 Listed on: 12/09/2014

BHGRE HAVEN PROPERTIES

Last Buyer's Agent

Stanley Craig

BHGRE HAVEN PROPERTIES License #00995466

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,329

Year Built

  • Built in 2007

Lot Details

  • 3,032 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Marina
  • Bay
  • Rock

Home Design

  • Slab Foundation
  • Clay Roof

Interior Spaces

  • 2,259 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • L-Shaped Dining Room
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066133010

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,329

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Subdivision Name Other: Town of El Morro(830)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066133010
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2259.00
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Gas
  • Levels: Two
  • Price Per Square Foot: 385.13
  • Room Type: Den
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, Marina, Ocean, Rocks
  • Fence: Yes
  • Patio And Porch Features: Deck, Patio
  • Roof: Clay

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 3032.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lot Size Area: 3032.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2015
Sold by
Percy James O and Percy Marie F
Bought by
Percy Family Trust and Percy Marie F
Current Estimated Value
$1,549,355

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jan 6, 2015
Sold by
Sanders William D
Bought by
Percy James O and Percy Marie F
Seller's Agent
Nicole Hoffman
BHGRE HAVEN PROPERTIES
Buyer's Agent
Stanley Craig
BHGRE HAVEN PROPERTIES
List Price
$895,000
Sold Price
$870,000
Premium/Discount to List
-$25,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$370,000
Outstanding Balance
$130,688
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,418,667

Purchase Details

Closed on
Apr 11, 2014
Sold by
Sanders William David
Bought by
Sanders William D

Purchase Details

Closed on
Apr 7, 2010
Sold by
Sanders William David
Bought by
Sanders William David

Purchase Details

Closed on
Sep 24, 2009
Sold by
Coast National Bank
Bought by
Sanders William David

Purchase Details

Closed on
Jun 15, 2009
Sold by
Total Development Company Llc
Bought by
Coast National Bank
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
Percy Family Trust -- None Available
Percy James O $870,000 Fidelity National Title
Sanders William D -- None Available
Sanders William David -- None Available
Sanders William David $745,000 Fidelity National Title Co
Coast National Bank $1,557,450 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Percy Jaiyies O $143,000
Open Percy James O $370,000
Previous Owner Total Development Company Llc $776,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2015 02/19/15 Sold $870,000 -2.8% $385 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
12/09/2014 12/09/14 For Sale $895,000 -- $396 / 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 $11,329 $1,045,599 $510,781 $534,818
2024 $11,124 $1,025,098 $500,766 $524,332
2023 $11,124 $1,004,999 $490,948 $514,051
2022 $10,427 $985,294 $481,322 $503,972
2021 $10,261 $965,976 $471,885 $494,091
2020 $10,156 $956,072 $467,047 $489,025
2019 $10,050 $937,327 $457,890 $479,437
2018 $9,853 $918,949 $448,912 $470,037
2017 $9,660 $900,931 $440,110 $460,821
2016 $9,471 $883,267 $431,481 $451,786
2015 $4,054 $385,185 $119,432 $265,753
2014 $3,721 $377,641 $117,093 $260,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1050094

California Regional Multiple Listing Service (CRMLS)

APN: 066-133-010