NOT LISTED FOR SALE

260 Pacific St Morro Bay, CA 93442

Estimated Value: $915,757

2 Beds
1 Bath
1,200 Sq Ft
$763/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2016

Last sale price $575,000 $479 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,463 / mo

51 Days on Market

Highlights

  • Marina View
  • Main Floor Primary Bedroom
  • Level Lot
  • Del Mar Elementary School Rated A-
  • No HOA
  • 4-minute walk to Morro bay dog park

About This Home

As of June 2016

Own two vintage homes for the price of one just 2 blocks from the water front. Good rental property with a prime location for future commercial residential mix development potential. Lot Description: 44 x 132

Last Agent to Sell the Property

Jack Franklin

Franklin Real Estate & Rentals License #00426210 Listed on: 03/06/2016

Last Buyer's Agent

Jim Kelsey CCIM

Century 21 Masters-Arroyo Grande License #01354722

Century 21 Masters-Arroyo Grande

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 5,808 Sq Ft Lot
  • Level Lot
  • Property is zoned COMR

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Marina
  • Bay
  • Rock

Home Design

  • 1,200 Sq Ft Home
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066115004

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

5,808 Sq Ft Lot

Parking

2

Listing Details

  • Subdivision Name Other: Embarcadero(750)
  • View: Yes
  • Zoning: COMR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066115004
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Living Area: 1200.00
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 479.17
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Foundation: Pillar/Post/Pier
  • View: Bay, Marina, Rocks
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5808.00
  • Lot Size Acres: 0.1330

Multi Family

  • Lot Size Area: 5808.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2018
Sold by
Wood Patricia M and Guerriero Elizabeth Ann
Bought by
Wood Patricia M
Current Estimated Value
$915,757

Purchase Details

Listed on
Mar 6, 2016
Closed on
May 2, 2016
Sold by
Sinclair Edward J and Edward J Sinclair Trust
Bought by
Elizabeth Ann Guerriero Revocable Trust
Seller's Agent
Jack Franklin
Franklin Real Estate & Rentals
Buyer's Agent
Jim Kelsey CCIM
Century 21 Masters-Arroyo Grande
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$325,000
Outstanding Balance
$258,023
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$657,734

Purchase Details

Closed on
Apr 17, 2014
Sold by
Sinclair Edward J
Bought by
Sinclair Edward J and Edward J Sinclair Trust

Purchase Details

Closed on
Mar 8, 2002
Sold by
Nored Yvonne L
Bought by
Nored Dennis E and Nored Yvonne L

Purchase Details

Closed on
Jun 5, 1998
Sold by
Oconnor Michael J
Bought by
Nored Yvonne L Oconnor

Purchase Details

Closed on
Sep 10, 1997
Sold by
Sinclair Edward J and Daniel Sinclair Trust
Bought by
Sinclair Edward J
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
Wood Patricia M -- None Available
Elizabeth Ann Guerriero Revocable Trust $575,000 Fidelity National Title Co
Sinclair Edward J -- None Available
Nored Dennis E -- --
Nored Yvonne L Oconnor -- --
Oconnor Theresa A -- --
Sinclair Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elizabeth Ann Guerriero Revocable Trust $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $575,000 -3.4% $479 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
03/06/2016 03/06/16 For Sale $595,000 -- $496 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,694 $710,128 $579,828 $130,300
2024 $7,555 $696,205 $568,459 $127,746
2023 $7,555 $682,555 $557,313 $125,242
2022 $7,082 $669,173 $546,386 $122,787
2021 $6,969 $656,053 $535,673 $120,380
2020 $6,897 $649,327 $530,181 $119,146
2019 $6,826 $636,596 $519,786 $116,810
2018 $6,415 $598,230 $494,190 $104,040
2017 $6,289 $586,500 $484,500 $102,000
2016 $1,277 $119,079 $75,016 $44,063
2015 $1,257 $117,292 $73,890 $43,402
2014 $1,155 $114,995 $72,443 $42,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1064251

California Regional Multiple Listing Service (CRMLS)

APN: 066-115-004

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