280 Palm Ave Morro Bay, CA 93442
4
Beds
3
Baths
3,675
Sq Ft
5,000
Sq Ft Lot
Highlights
- Golf Course Community
- Fishing
- Bonus Room
- Del Mar Elementary School Rated A-
- Bay View
- No HOA
About This Home
As of September 2024280 Palm is a coastal Oasis! Nestled just a few minutes walk from the tidewaters of the bay, this Multi-level home captures stunning ocean views in a quiet setting. To say "Custom" would be an understatement in describing this masterpiece. Built to relax or entertain, this home is appointed with finest of amenities. Jenn-Air appliances, fine cabinetry, and granite counters highlight the kitchen with ocean views. The master bath will pamper you with a Kohler Steam shower, and infinity edge spa tub. Every level of the home offers privacy and comfort. The first floor has 2 bedrooms, a bath, and a family area with a fireplace, wet bar and fridge. The secondary level features the stunning kitchen, open dining and living area, along with the spacious Master Bed/bath and a guest room with another bath. Sneak away to the third level crows nest for office work, or simply read a book while enjoying more ocean views. You are welcome to take the stairs, but the elevator is at your service! There are decks on every level to breathe in the fresh coastal air, or retreat to the back yard and enjoy a local wine around your fire pit and enjoy the solitude amongst the bamboo. This home is undeniably a must see to fully appreciate! Turn key, and available fully furnished including multiple big screen televisions. Whether you call it home or your second home get-a-away, the beauty and diversity of coastal living will be at your footsteps...Beaches upon beaches, State Parks, fine dining, hiking, biking, fishing, bird watching,kayaking, golf .......You are only limited by your imagination. Come see this home and be ready to live your dream!
Last Agent to Sell the Property
Century 21 Masters-Arroyo Grande Brokerage Phone: 805-550-4204 License #01936405 Listed on: 06/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,959
Year Built
- Built in 2008
Lot Details
- 5,000 Sq Ft Lot
- Back Yard
- Property is zoned R1
Parking
- 2 Car Attached Garage
Property Views
- Bay
- Harbor
- Neighborhood
Interior Spaces
- 3,675 Sq Ft Home
- 3-Story Property
- Family Room with Fireplace
- Bonus Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Fire Pit
Listing and Financial Details
- Legal Lot and Block 11 / 4
- Assessor Parcel Number 066254010
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Fishing
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2024
Closed on
Sep 12, 2024
Sold by
Bent Barrel Re Holdings Llc
Bought by
Bisso Family Trust and Bisso
Seller's Agent
James Settle
Century 21 Masters-Arroyo Grande
Buyer's Agent
Kelly Vandenheuvel
Central Coast Property Sales
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%
Views
124
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,475
Avg. Annual Appreciation
6.27%
Purchase Details
Listed on
Jan 9, 2021
Closed on
Jan 21, 2022
Sold by
Lee And Bonnie Family Trust
Bought by
Bent Barrel Re Holdings Llc
Seller's Agent
Richard Watkins
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,100,000
Sold Price
$1,945,000
Premium/Discount to List
-$155,000
-7.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Purchase Details
Closed on
Oct 18, 2018
Sold by
Piatek Lee J and Piatek Bonnie J
Bought by
Piatek Lee J and Piatek Bonnie J
Purchase Details
Closed on
Jul 24, 2009
Sold by
Heritage Oaks Bank
Bought by
Piatek Lee J and Piatek Bonnie J
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
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 2009
Sold by
Cameron Realty Partners
Bought by
Heritage Oaks Bank
Purchase Details
Closed on
Jul 7, 2003
Sold by
Plock Nora C and Hight Tracy
Bought by
Cameron Realty Partners
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,500
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Morro Bay, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,150,000 | Fidelity National Title | |
| Grant Deed | $1,945,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $950,000 | Fidelity National Title Co | |
| Trustee Deed | $999,000 | Servicelink | |
| Grant Deed | $375,000 | Fidelity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $70,000 | Unknown | |
| Previous Owner | $2,003,500 | Construction | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $1,012,500 | Construction | |
| Previous Owner | $273,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $2,150,000 | -4.4% | $585 / Sq Ft |
| 09/11/2024 09/11/24 | Pending | -- | -- | -- |
| 06/28/2024 06/28/24 | For Sale | $2,250,000 | 0.0% | $612 / Sq Ft |
| 06/23/2024 06/23/24 | Pending | -- | -- | -- |
| 06/11/2024 06/11/24 | For Sale | $2,250,000 | +15.7% | $612 / Sq Ft |
| 02/15/2022 02/15/22 | Sold | $1,945,000 | -7.4% | $529 / Sq Ft |
| 01/15/2022 01/15/22 | Pending | -- | -- | -- |
| 01/09/2021 01/09/21 | For Sale | $2,100,000 | -- | $571 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $21,959 | $2,023,578 | $1,040,400 | $983,178 |
| 2023 | $21,959 | $1,983,900 | $1,020,000 | $963,900 |
| 2022 | $12,229 | $1,155,542 | $425,723 | $729,819 |
| 2021 | $12,034 | $1,132,885 | $417,376 | $715,509 |
| 2020 | $11,911 | $1,121,270 | $413,097 | $708,173 |
| 2019 | $11,787 | $1,099,286 | $404,998 | $694,288 |
| 2018 | $11,556 | $1,077,732 | $397,057 | $680,675 |
| 2017 | $11,329 | $1,056,601 | $389,272 | $667,329 |
| 2016 | $11,107 | $1,035,885 | $381,640 | $654,245 |
| 2015 | $10,938 | $1,020,326 | $375,908 | $644,418 |
| 2014 | $10,043 | $1,000,340 | $368,545 | $631,795 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
James Settle
Century 21 Masters-Arroyo Grande
(805) 550-4204
2 in this area
32 Total Sales
-
Buyer's Agent in 2024
Kelly Vandenheuvel
Central Coast Property Sales
(805) 471-1046
8 in this area
42 Total Sales
-
R
Seller's Agent in 2022
Richard Watkins
Berkshire Hathaway HomeServices California Properties
-
N
Buyer's Agent in 2022
Non Member Agent
Non Member Office
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI24119574
APN: 066-254-010
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