NOT LISTED FOR SALE

2605 Nutmeg Ave Morro Bay, CA 93442

Estimated Value: $1,287,000 - $1,580,402

3 Beds
3 Baths
2,064 Sq Ft
$680/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $785,000 $380 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,186/month

67 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Del Mar Elementary School Rated A-
  • L-Shaped Dining Room
  • 2 Car Attached Garage

About This Home

As of November 2016

Here are the million dollar views that you have been waiting for and just in time for summer! Upon entering the home you are immediately captivated by the unobstructed views of the ocean and Morro Rock. The primary living areas are comfortably situated on the top level, providing convenient access to the street and oversized garage. On the lower level of the home, there are two bedrooms and one bathroom. In addition, there is an unfinished bonus room, which could be used as an income-producing unit with private entry. The orientation of the lot allows for a private driveway on both streets, which further increases the possibility of a separate entry for the bonus room. There are two decks, one on each level of the home, perfect for entertaining and further enjoyment of the gorgeous views. Boasting 3 bedrooms, 3 bathrooms, and over 2,000 sq. ft. of living space,2605 nutmeg is your perfect beach getaway!

Last Agent to Sell the Property

Jay Bond

eXp Realty of California, Inc. License #01823529 Listed on: 06/23/2016

eXp Realty of California, Inc.

Co-Listed By

Erich Salas

Modern Kathy, Inc. License #01503394

Last Buyer's Agent

Jay Chiasson

Navigators Real Estate License #01836276

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 5,750 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Lot Sloped Down

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Park or Greenbelt
  • Rock

Home Design

  • Raised Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • L-Shaped Dining Room
  • Vinyl Flooring
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068252037

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Morro Bay(820)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068252037
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2064.00
  • Flooring: Vinyl
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Wood Burning
  • Levels: Two
  • Price Per Square Foot: 380.33
  • Room Type: Family Room, Basement

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Panoramic, Bay, Rocks, Ocean, Park/Greenbelt
  • Patio And Porch Features: Deck
  • Roof: Tar/Gravel

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Paved, Sloped Down
  • Lot Size Sq Ft: 5750.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2016
Sold by
Moore Allison J
Bought by
Loe Julie Y
Current Estimated Value
$1,403,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 24, 2000
Sold by
Moore Allison J
Bought by
Moore Allison J

Purchase Details

Closed on
Sep 22, 1994
Sold by
Madden Melvin J and Madden Ruth L
Bought by
Moore Allison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.27%
Mortgage Type
Seller Take Back
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
Loe Julie Y $785,000 Fidelity National Title Co
Moore Allison J -- --
Moore Allison J $310,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loe Julie Y $628,000
Previous Owner Moore Allison J $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $785,000 -12.3% $380 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $895,000 -- $434 / 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 $10,151 $944,051 $435,217 $508,834
2024 $9,966 $925,541 $426,684 $498,857
2023 $9,966 $907,394 $418,318 $489,076
2022 $9,340 $889,603 $410,116 $479,487
2021 $9,190 $872,161 $402,075 $470,086
2020 $9,095 $863,219 $397,953 $465,266
2019 $8,999 $846,294 $390,150 $456,144
2018 $8,821 $829,700 $382,500 $447,200
2017 $8,342 $448,626 $188,131 $260,495
2016 $4,641 $439,831 $184,443 $255,388
2015 $4,569 $433,225 $181,673 $251,552
2014 $4,194 $424,740 $178,115 $246,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1068334

California Regional Multiple Listing Service (CRMLS)

APN: 068-252-037