NOT LISTED FOR SALE

2580 Nutmeg Ave Morro Bay, CA 93442

Estimated Value: $1,093,000 - $1,284,000

2 Beds
2.5 Baths
1,666 Sq Ft
$692/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $800,000 $480 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,853/month

275 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Home Office
  • Del Mar Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of January 2018

Just Reduced $55,000! Don't miss this great opportunity! An organic and luxurious piece of architecture nestled into the highest hillside of Morro Bay. Encompassed in redwood, backed by acres of raw pasture and embellished by stunning views of the pacific, this is a wonderful place to call home. Vaulted ceilings, large view and clerestory windows provide natural lighting and a spacious feel. Newly refinished solid Maple flooring and stairs are vibrant, a green slate wood burning fireplace climbs the southern wall and linear pine elements transport the lighting system. The kitchen is granite lined, with lots of storage and pantry space, plus laundry home. There is an office adjacent to the living area. The Master Bedroom has tremendous views and open beam highlights. Multiple concrete patio areas in the back for entertaining including a side yard for light gardening or pets. This coastal retreat is a one of a kind.

Last Agent to Sell the Property

Jay Chiasson

Navigators Real Estate License #01836276 Listed on: 02/18/2017

Last Buyer's Agent

Bruce Koontz

The Real Estate Company of Cambria License #01361711

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 3,999

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Up Slope from Street
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Park or Greenbelt
  • Rock

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,666 Sq Ft Home
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • 3,999 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068251034

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068251034
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1666.00 Square Feet
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Fireplace Features: Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 480.19
  • Room Type: Office

Exterior Features

  • Foundation: Slab, Block
  • View: Panoramic, Rocks, Ocean, Park/Greenbelt
  • Roof: Shingle
  • Construction Materials: Wood Siding

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Disposal, Dishwasher, Oven
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 3999.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2017
Closed on
Dec 1, 2017
Sold by
Pappas Margaret M
Bought by
Lia Albert J and Lia Jill Victoria
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Bruce Koontz
The Real Estate Company of Cambria
List Price
$999,000
Sold Price
$800,000
Premium/Discount to List
-$199,000
-19.92%
Current Estimated Value
$1,153,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,369
Avg. Annual Appreciation
4.66%
Original Mortgage
$400,000
Outstanding Balance
$335,005
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$818,364

Purchase Details

Closed on
Jan 30, 2017
Sold by
Pappas Margaret M
Bought by
Pappas Margaret M

Purchase Details

Closed on
Mar 1, 2013
Sold by
Taufer Erin Kathleen and Mcdermott Anastasia Gail
Bought by
Pappas Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Pappas Margaret M
Bought by
Pappas Margaret M and Books Erin Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2009
Sold by
Mcdermott Mark Jeffrey
Bought by
Mcdermott Anastasia Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.92%
Mortgage Type
New Conventional
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
Lia Albert J $800,000 Fidelity National Title Co
Pappas Margaret M -- None Available
Pappas Margaret M -- Stewart Title Irvine
Pappas Margaret M -- Calcounties Titlenation
Pappas Margaret M -- Calcounties Titlenation
Mcdermott Anastasia Gail -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lia Albert J $400,000
Previous Owner Pappas Margaret M $395,000
Previous Owner Pappas Margaret M $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2018 01/03/18 Sold $800,000 -10.6% $480 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
07/17/2017 07/17/17 Price Changed $895,000 -5.8% $537 / Sq Ft
05/06/2017 05/06/17 Price Changed $950,000 -4.9% $570 / Sq Ft
02/18/2017 02/18/17 For Sale $999,000 -- $600 / 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 $9,862 $910,258 $512,020 $398,238
2024 $9,684 $892,411 $501,981 $390,430
2023 $9,684 $874,914 $492,139 $382,775
2022 $9,077 $857,760 $482,490 $375,270
2021 $8,933 $840,942 $473,030 $367,912
2020 $8,841 $832,320 $468,180 $364,140
2019 $8,750 $816,000 $459,000 $357,000
2018 $3,339 $311,419 $35,863 $275,556
2017 $3,199 $305,313 $35,160 $270,153
2016 $3,134 $299,327 $34,471 $264,856
2015 $3,086 $294,832 $33,954 $260,878
2014 $2,832 $289,057 $33,289 $255,768
Source: Public Records

Agents Affiliated with this Home

  • Jay Chiasson

    Seller's Agent in 2018

    Jay Chiasson

    Navigators Real Estate

    (805) 591-9931

    42 in this area

    77 Total Sales

    Jay Chiasson
    Section Image
  • Bruce Koontz

    Buyer's Agent in 2018

    Bruce Koontz

    The Real Estate Company of Cambria

    (805) 610-3371

    3 in this area

    94 Total Sales

    Bruce Koontz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1075244

California Regional Multiple Listing Service (CRMLS)

APN: 068-251-034

California San Luis Obispo County Morro Bay 93442

2580 Nutmeg Ave, Morro Bay, CA

Not Listed for Sale

Detached

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