NOT LISTED FOR SALE

Estimated Value: $1,357,000 - $2,011,000

3 Beds
2.5 Baths
3,342 Sq Ft
$521/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $806,750 $241 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $10,155/month

79 Days on Market

Highlights

  • Ocean View
  • 0.45 Acre Lot
  • Wood Flooring
  • Monarch Grove Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Loft

About This Home

As of January 2016

Great New Price & New Carpet And Wonderful Ocean Views!! This Upscale Home is Located in Cabrillo Estates and Features Gorgeous Views of the Ocean, Rock and Bay. On a Clear Day You Can See All The Way Up To Cayucos. This home has over 3300 Square Feet of Space to entertain Family and Friends. This home is Centrally Located to Sea Pines Golf Course and Montana De Oro for Hiking and Day Trips, also wonderful Bluff Top Hikes along the Pacific Coast. It's a Short Drive to Morro Bay State Park, Morro Rock, Morro Golf Course and the City of Morro Bay. From Morro Bay it is a Short Drive to the City of San Luis Obispo. This Home is Situated in a cul-de-sac and on a Very Quite Street. Here is your Opportunity to Own A Home in a Coastal Community with very Desirable Climates.

Last Agent to Sell the Property

Marty Jacobson

Peter Starlings Real Estate License #01014551 Listed on: 08/04/2015

Last Buyer's Agent

Leon Van Beurden

Bay Osos Brokers License #00646313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,131

Year Built

  • Built in 1991

Lot Details

  • 0.45 Acre Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Lot Sloped Down

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Hills
  • Rock

Home Design

  • Split Level Home
  • Raised Foundation
  • Clay Roof

Interior Spaces

  • 3,342 Sq Ft Home
  • Central Vacuum
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Wood Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Conventional Septic
  • Cable TV Available

Community Details

  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 074482040

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,131

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Security: Security System
  • Subdivision Name Other: Cabrillo Estates(580)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 074482040
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3342.00
  • Interior Amenities: Pantry, Vacuum Central
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Gas, Master Bedroom
  • Levels: Multi/Split
  • Price Per Square Foot: 241.40
  • Room Type: Den, Family Room, Great Room, Loft, Living Room, Master Bedroom, Office

Exterior Features

  • Foundation: Raised
  • View: Bay, Hills, Ocean, Panoramic, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Clay

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Gas Cooking, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Sloped Down, Greenbelt, Paved
  • Lot Size Sq Ft: 19502.00
  • Lot Size Acres: 0.4480

Multi Family

  • Lot Size Area: 19502.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Dec 8, 2015
Sold by
Jones Nelson E
Bought by
The Richard & Cynthia A Farrow Family Tr and Farrow Cynthia A
Seller's Agent
Marty Jacobson
Peter Starlings Real Estate
Buyer's Agent
Leon Van Beurden
Bay Osos Brokers
List Price
$925,000
Sold Price
$806,750
Premium/Discount to List
-$118,250
-12.78%
Current Estimated Value
$1,740,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,728
Avg. Annual Appreciation
8.27%
Original Mortgage
$403,375
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2012
Sold by
Jones Nelson E
Bought by
Jones Nelson E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 2011
Sold by
Jones Nelson E
Bought by
Jones Nelson E

Purchase Details

Closed on
Apr 3, 1997
Sold by
Jones Nelson E and Jones Kathleen L
Bought by
Jones Nelson E and Jones Kathleen L
Source: Public Records

Range of Values:

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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
The Richard & Cynthia A Farrow Family Tr $807,000 First American Title Company
Jones Nelson E -- None Available
Jones Nelson E $258,000 None Available
Jones Nelson E -- None Available
Jones Nelson E -- None Available
Jones Nelson E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Richard & Cynthia A Farrow Family Tr $403,375
Previous Owner Jones Nelson E $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2016 01/04/16 Sold $806,750 0.0% $241 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
10/22/2015 10/22/15 Off Market $806,750 -- --
09/23/2015 09/23/15 Price Changed $856,000 -1.2% $256 / Sq Ft
08/31/2015 08/31/15 Price Changed $866,500 -6.3% $259 / Sq Ft
08/04/2015 08/04/15 For Sale $925,000 -- $277 / 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 $11,131 $1,022,837 $355,136 $667,701
2024 $10,927 $1,002,782 $348,173 $654,609
2023 $10,927 $983,121 $341,347 $641,774
2022 $10,259 $963,845 $334,654 $629,191
2021 $10,151 $944,947 $328,093 $616,854
2020 $10,046 $935,258 $324,729 $610,529
2019 $9,941 $916,920 $318,362 $598,558
2018 $9,745 $898,942 $312,120 $586,822
2017 $8,926 $822,885 $306,000 $516,885
2016 $8,434 $784,209 $448,123 $336,086
2015 $8,304 $772,430 $441,392 $331,038
2014 $7,631 $757,300 $432,746 $324,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1058044

California Regional Multiple Listing Service (CRMLS)

APN: 074-482-040