NOT LISTED FOR SALE

2551 Koa Ave Morro Bay, CA 93442

Estimated Value: $405,000 - $1,296,000

0.08 Acre
$8,082,991 Price per Acre
3,480 Sq Ft Lot

Last Sold September 08, 2020

Last sale price $300,000

Est. 115% increase in value since last sale

Current estimated payment $3,637/month

450 Days on Market

Highlights

  • Ocean View
  • Fishing
  • Hiking Trails
  • Del Mar Elementary School Rated A-
  • No HOA

About This Lot

As of September 2020

Gorgeous, hilltop, forever ocean views from this incredible lot in Morro Bay. Enjoy watching the sunset every single evening on the Pacific Ocean from your custom-built, dream home. This rare, down sloping lot, has a retaining wall, and a water easement that is recorded. There is great geology on this lot which will help you build your home on a firm foundation. OWNER FINANCING for the right offer.

Last Agent to Sell the Property

Owen Schwaegerle

The Schwaegerle Team License #02040597 Listed on: 05/05/2019

The Schwaegerle Team

Last Buyer's Agent

Abbie Woodward

BHGRE HAVEN PROPERTIES License #00866353

BHGRE HAVEN PROPERTIES

Property Details

Property Type

  • Land

Lot Details

  • 3,480 Sq Ft Lot
  • Lot Sloped Down
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned 10

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Hills

Utilities

  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 068259016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Dog Park
  • Hiking Trails

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: 10
  • Property Type: Land
  • Parcel Number: 068259016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 86.21

Exterior Features

  • View: Bay, Hills, Ocean, Panoramic

Utilities

  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Fishing, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sloped Down, Value In Land
  • Lot Size Sq Ft: 3480.00
  • Lot Size Acres: 0.0799

Multi Family

  • Lot Size Area: 3480.0000 Square Feet

Tax Info

  • Tax Census Tract: 106.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2021
Sold by
Cia Matthew S and Cia Julie A
Bought by
Cia Matthew Silvio and Cia Julie Ann
Current Estimated Value
$645,831

Purchase Details

Closed on
May 2, 2008
Sold by
Blaut Steven J
Bought by
Blaut Steven J and Tice Janet L
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

Date Buyer Sale Price Title Company
Cia Matthew Silvio -- None Available
Blaut Steven J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $300,000 -4.8% --
07/28/2020 07/28/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $315,000 -3.1% --
11/21/2019 11/21/19 Price Changed $325,000 -6.9% --
10/30/2019 10/30/19 Price Changed $349,000 -0.3% --
05/05/2019 05/05/19 For Sale $350,000 -- --
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 $3,518 $324,729 $324,729 --
2024 $3,455 $318,362 $318,362 --
2023 $3,455 $312,120 $312,120 $0
2022 $3,238 $306,000 $306,000 $0
2021 $3,187 $300,000 $300,000 $0
2020 $866 $81,487 $81,487 $0
2019 $857 $79,890 $79,890 $0
2018 $840 $78,324 $78,324 $0
2017 $823 $76,789 $76,789 $0
2016 $807 $75,284 $75,284 $0
2015 $795 $74,154 $74,154 $0
2014 $730 $72,702 $72,702 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19107058

California Regional Multiple Listing Service (CRMLS)

APN: 068-259-016