NOT LISTED FOR SALE

2575 Elm Ave Morro Bay, CA 93442

Estimated Value: $938,970 - $1,287,000

3 Beds
2.5 Baths
1,737 Sq Ft
$655/Sq Ft Est. Value

Last Sold November 15, 2016

Last sale price $679,849 $391 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,900/month

10 Days on Market

Highlights

  • Wood Flooring
  • L-Shaped Dining Room
  • Skylights
  • Del Mar Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2016

BEAUTIFUL SUNSETS and Big Ocean Views from this Move In Ready home. Inviting you in with beautiful landscaping at front walk leading to private entry porch. Mid level entry gives you peek of the open living above. Upper living incudes open Kitchen, Dining and Living with Vaulted Ceiling, plus deck, all with great views of ocean and Morro Rock. Deck located perfectly for BBQ and Sunsets. An artistically decorated powder room and a Master Suite with all the amenities complete the package upstairs. There are Skylights at all the right places. Plenty of space from hallway widths to bedroom sizes. Downstairs you have 2 generous bedrooms, full bath, laundry, and 2 car garage with inside access into hall. Views have really opened up with loss of neighbor's Cypress tree, now around 165 degrees! Call your Realtor today to see this near perfect home set on a Very Quiet Street.

Last Agent to Sell the Property

Bruce Koontz

The Real Estate Company of Cambria License #01361711 Listed on: 10/04/2016

Last Buyer's Agent

Elaine Jackson

Century 21 Masters-Arroyo Grande License #01867115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,548

Year Built

  • Built in 1997

Lot Details

  • 3,951 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,737 Sq Ft Home
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • L-Shaped Dining Room
  • Wood Flooring
  • Gas Oven or Range
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068332050

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,548

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Morro Bay(820)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068332050
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1737.00
  • Flooring: Wood
  • 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: 391.39
  • Window Features: Skylight(s), Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Exterior Features: Satellite Dish
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 3951.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Oct 27, 2016
Sold by
Singh Stephanie R and Schmall Gregory A
Bought by
Wolfrom Paul and Wolfrom Roxilynn J
Seller's Agent
Bruce Koontz
The Real Estate Company of Cambria
Buyer's Agent
Elaine Jackson
Century 21 Masters-Arroyo Grande
List Price
$699,000
Sold Price
$679,849
Premium/Discount to List
-$19,151
-2.74%
Current Estimated Value
$1,137,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,144
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Jun 3, 2005
Sold by
Singh Stephanie R
Bought by
Singh Stephanie R and Schmall Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Rummel Margaret Jean and J P & M J Rummel Revocable Tru
Bought by
Singh Stephanie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1998
Sold by
Rummel Margaret Jean
Bought by
Rummel Margaret Jean and J P & M J Rummel Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.11%
Source: Public Records

Range of Values:

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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
Wolfrom Paul $680,000 Fidelity National Title Co
Singh Stephanie R -- --
Singh Stephanie R $700,000 First American Title Co
Rummel Margaret Jean -- First American Title
Rummel Margaret Jean $232,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Stephanie R $39,617
Previous Owner Singh Stephanie R $560,000
Previous Owner Rummel Margaret Jean $185,600
Previous Owner Calderwood Dean $50,000
Previous Owner Calderwood Dean $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2016 11/15/16 Sold $679,849 -2.7% $391 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $699,000 -- $402 / 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 $8,548 $788,962 $464,232 $324,730
2024 $8,394 $773,493 $455,130 $318,363
2023 $8,394 $758,327 $446,206 $312,121
2022 $7,868 $743,458 $437,457 $306,001
2021 $7,743 $728,881 $428,880 $300,001
2020 $7,663 $721,408 $424,483 $296,925
2019 $7,584 $707,263 $416,160 $291,103
2018 $7,435 $693,396 $408,000 $285,396
2017 $7,289 $679,800 $400,000 $279,800
2016 $6,659 $621,000 $375,000 $246,000
2015 $6,218 $580,000 $350,000 $230,000
2014 $5,412 $539,000 $325,000 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1071870

California Regional Multiple Listing Service (CRMLS)

APN: 068-332-050