NOT LISTED FOR SALE

2764 Alder Ave Morro Bay, CA 93442

Estimated Value: $935,389 - $1,358,000

3 Beds
2.5 Baths
1,477 Sq Ft
$727/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $699,000 $473 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,278/month

7 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Outdoor Fireplace
  • Del Mar Elementary School Rated A-
  • Dual Staircase
  • Cathedral Ceiling

About This Home

As of January 2018

With panoramic views of the ocean and iconic Morro Rock from the main living areas, 2nd floor deck and rooftop deck, this Morro Bay home is just a mere 1/2 mi. from Morro Strand State Beach and 2 mi. to the renowned Embarcadero. Located in the Morro Del Mar neighborhood, the home was built in 2008 and features 3 beds, 2.5 baths & 2-car garage. Enjoy beach and Embarcadero proximity, as well as local favorites Cloisters Park, Taco Temple, Spencer’s Market & more. The ocean view deck and rooftop deck offer incredible al fresco living spaces to enjoy panoramic views of the ocean & Morro Rock. The rooftop deck includes a cozy gas fire pit table with plush seating for four. The open kitchen and living area features ocean views, ambient pot belly gas stove surrounded by granite bench, large granite breakfast bar & stainless steel appliances. The master suite offers cathedral vaulted wood paneled ceilings and walk-in closet, and master bath with walk-in shower and privacy toilet. Two additional bedrooms and full bath are on the first level. Washer, dryer, refrigerator & gas fire pit table/chair set are included in the sale. Low maintenance landscaping is set up on a sprinkler drip system & drought tolerant artificial turf is in the fully-fenced rear yard. Live within minutes of sandy beaches, boat harbor, dining, shopping, farmers’ markets & fish markets, while the city of San Luis Obispo & regional airport are less than 20 mi. away. Experience the Morro Bay beach life for yourself!

Last Agent to Sell the Property

Linda Wilson

Richardson Sotheby's International Realty License #01045160 Listed on: 12/08/2017

Richardson Sotheby's International Realty

Last Buyer's Agent

Robert Sousa

COMPASS License #01774193

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 2,398 Sq Ft Lot
  • Drip System Landscaping
  • Level Lot
  • Private Yard
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned R4

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Rock

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,477 Sq Ft Home
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Raised Hearth
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Living Room Balcony
  • Fireplace in Patio
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Fire Pit
  • Rooftop Access
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 068222025

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Fire and Smoke Detection System, Fire Sprinkler System, Security System
  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: R4
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068222025
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1477.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, Living Room Balcony, Living Room Deck Attached, Recessed Lighting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Kitchen, In Living Room
  • Fireplace Features: Living Room, Outside, Patio, Gas, Fire Pit, Raised Hearth
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 473.26
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Privacy Toilet Door, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Coastline, Ocean, Panoramic, Rocks, Water, White Water
  • Patio And Porch Features: Patio, Roof Top, Stone
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Common Area, Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lawn, Level with Street, Level, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 2398.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Dec 21, 2017
Sold by
Blevins Gilbert W and Blevins Dana M
Bought by
Baker R Scott R and Baker Diane M
Seller's Agent
Linda Wilson
Richardson Sotheby's International Realty
Buyer's Agent
Robert Sousa
COMPASS
List Price
$689,000
Sold Price
$699,000
Premium/Discount to List
$10,000
1.45%
Current Estimated Value
$1,073,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,847
Avg. Annual Appreciation
5.55%
Original Mortgage
$559,200
Outstanding Balance
$470,676
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$603,171

Purchase Details

Closed on
Sep 26, 2017
Sold by
Blevins Gilbert W and Blevins Dana M
Bought by
Blevins Gilbert W and Blevins Dana M

Purchase Details

Closed on
Apr 13, 2010
Sold by
Blevins Gilbert W and Blevins Dana M
Bought by
Blevins Gilbert W and Blevins Dana M

Purchase Details

Closed on
Oct 24, 2007
Sold by
Blevins Gilbert W and Belvins Dana M
Bought by
Blevins Gilbert W and Blevins Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 4, 2007
Sold by
Healey Brian T and Frazier Michele
Bought by
Blevins Gilbert W and Blevins Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 2, 2007
Sold by
Otp
Bought by
Healey Brian T and Frazier Michele
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Baker R Scott R $699,000 First American Title Co
Blevins Gilbert W -- None Available
Blevins Gilbert W -- None Available
Blevins Gilbert W -- Fidelity National Title
Blevins Gilbert W $270,000 Ticor Title Company Of Ca
Healey Brian T $250,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker R Scott R $559,200
Previous Owner Blevins Gilbert W $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $699,000 +1.5% $473 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $689,000 -- $466 / 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 $8,617 $795,337 $483,574 $311,763
2024 $8,462 $779,743 $474,093 $305,650
2023 $8,462 $764,455 $464,798 $299,657
2022 $7,931 $749,467 $455,685 $293,782
2021 $7,805 $734,772 $446,750 $288,022
2020 $7,725 $727,239 $442,170 $285,069
2019 $7,645 $712,980 $433,500 $279,480
2018 $6,121 $570,857 $323,004 $247,853
2017 $6,001 $559,665 $316,671 $242,994
2016 $5,883 $548,692 $310,462 $238,230
2015 $5,794 $540,451 $305,799 $234,652
2014 $4,468 $445,000 $252,000 $193,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP17271140

California Regional Multiple Listing Service (CRMLS)

APN: 068-222-025