NOT LISTED FOR SALE

2780 Cedar Ave Morro Bay, CA 93442

Estimated Value: $1,323,000 - $1,575,000

4 Beds
3 Baths
2,500 Sq Ft
$569/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $892,600 $357 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,388/month

Highlights

  • Ocean View
  • No HOA
  • Walk-In Closet
  • Del Mar Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of July 2017

Large 4 bedroom, 3 Bath home located in Morro Bay just a short distance to the beach one block from the Spencer's Fresh Market and Taco Temple! This home has 3 bedrooms, downstairs along with a large family room. Upstairs you will find a large open living room, dining room and kitchen, along with a spacious master bedroom. There are ocean views from the mast bedroom and living room, as well private deck with views of Morro Rock. The home has a 2 car garage along with 2 off street parking spots and indoor laundry room. This home is available July 1, 2017 at $3200 per month, with a $4000 security deposit and 1 year lease. Pets Considered. No Smoking. Tenant is responsible for all utilities.

Last Agent to Rent the Property

Ian Star

Rock Star Properties License #01891414 Listed on: 06/14/2017

Last Renter's Agent

Ian Star

Rock Star Properties License #01891414 Listed on: 06/14/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 4,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 7/1/17
  • Assessor Parcel Number 068224012

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2017-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4000
  • Furnished: Unfurnished

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 068224012
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1.28
  • Room Type: Family Room, Walk-In Closet

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4000.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Apr 21, 2017
Sold by
Cushen Christine K
Bought by
Brown Jeffrey A and Brown Patricia D
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$895,000
Sold Price
$892,600
Premium/Discount to List
-$2,400
-0.27%
Current Estimated Value
$1,421,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,241
Avg. Annual Appreciation
5.55%
Original Mortgage
$225,000
Outstanding Balance
$186,667
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,235,174

Purchase Details

Closed on
Dec 21, 2006
Sold by
Berg Ernest H and Berg Grace N
Bought by
Cushen Christine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Berg Ernest and Berg Grace
Bought by
Berg Ernest H and Berg Grace N

Purchase Details

Closed on
Apr 22, 2004
Sold by
Gillman Gary and Gillman Evelyn J
Bought by
Berg Ernest and Berg Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage
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
Brown Jeffrey A $895,000 Fidelity National Title Co
Cushen Christine K $729,000 Fidelity National Title Co
Berg Ernest H -- --
Berg Ernest $675,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jeffrey A $225,000
Previous Owner Cushen Christine K $200,000
Previous Owner Berg Ernest $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2017 07/31/17 Rented $3,200 0.0% --
06/14/2017 06/14/17 For Rent $3,200 0.0% --
05/17/2017 05/17/17 Sold $892,600 -0.3% $303 / Sq Ft View Prior Sale
04/18/2017 04/18/17 For Sale $895,000 0.0% $304 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $895,000 -- $304 / 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 $11,254 $1,038,718 $499,049 $539,669
2024 $11,051 $1,018,352 $489,264 $529,088
2023 $11,051 $998,385 $479,671 $518,714
2022 $10,358 $978,810 $470,266 $508,544
2021 $10,194 $959,619 $461,046 $498,573
2020 $10,089 $949,780 $456,319 $493,461
2019 $9,984 $931,158 $447,372 $483,786
2018 $9,789 $912,900 $438,600 $474,300
2017 $8,949 $841,556 $346,319 $495,237
2016 $8,772 $825,056 $339,529 $485,527
2015 $8,222 $774,000 $320,000 $454,000
2014 $7,319 $736,000 $303,000 $433,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC17135133

California Regional Multiple Listing Service (CRMLS)

APN: 068-224-012