NOT LISTED FOR SALE

281 Main St Morro Bay, CA 93442

Estimated Value: $2,433,000 - $2,658,000

3 Beds
3.5 Baths
2,848 Sq Ft
$892/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $2,575,000 $904 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,423/month

4 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Back Bay Views
  • Del Mar Elementary School Rated A-
  • Fishing
  • Primary Bedroom Suite

About This Home

As of July 2024

Step into luxury and the best views that Morro Bay has to offer. Soak in the changing tides, sunsets, and sailboats from your open living space, gourmet kitchen, abundant pantry, and private patios. The home is two-story but offers single-level living on the upper level. Take the stairs or zip up in the private elevator. The thoughtful design concept maximizes the views, comfort, and storage. Spanning 2,848 square feet, this residence offers three spacious bedrooms and three and a half bathrooms, with the primary suite and laundry room upstairs adjacent to the entertaining space.

Views abound from the primary bedroom. Imagine your automated shades elevating in the morning as you wake up to scenes of dunes, sailboats, and seagulls in the sky. The room also features a romantic fireplace, generous dimensions, and peaceful vibes. The custom closet and a spa-like bathroom complete this private refuge.

Downstairs, you find the guest bedroom and bathroom and another ensuite bedroom with access to the private side yard garden. In addition, the oversized 2-car garage provides ample parking for vehicles and storage.

Located just steps from the Bay and a short walk to the Embarcadero with easy access to all the natural beauty and recreational opportunities Morro Bay has to offer. Whether you are an avid surfer, sailor, sunbather, sunset gazer, or all of the above - this home is ready for you to make it your retreat or forever home.

Last Agent to Sell the Property

Matt Sansone

Compass Brokerage Email: Matt@MattSansone.com License #01956847 Listed on: 06/26/2024

Compass

Co-Listed By

Kerry Sansone

Compass Brokerage Email: Matt@MattSansone.com License #01491516

Last Buyer's Agent

Frankie Ciano

Ciano Real Estate, Inc. License #01412309

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,225

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • 6,667 Sq Ft Lot
  • Southwest Facing Home
  • Irregular Lot
  • Drip System Landscaping
  • Sprinkler System
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Single Garage Door

Property Views

  • Back Bay
  • Harbor
  • Dune

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Roller Shields
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Built-In Range
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Dressing Area
  • Upgraded Bathroom
  • Heated Floor in Bathroom
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean

Schools

  • Morro Bay High School

Utilities

  • Forced Air Zoned Heating System
  • 220 Volts
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Phone Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 066251047

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Marina
  • Golf Course Community
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,225

Year Built

Built in 2014 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Privately Maintained
  • Security: Security System, Wired for Alarm System
  • View: Yes
  • Zoning: R1
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066251047
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2848.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), Elevator
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 36 Inch Or More Wide Halls, Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 904.14
  • Room Type: Dressing Area, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
  • Window Features: Double Pane Windows, Roller Shields
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Heated Floor, Quartz Counters, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Back Bay, Dunes, Bay, Harbor, Water
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Hardiplank Type

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Oversized
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Disposal, High Efficiency Water Heater
  • Electric: 220 Volts
  • Heating Type: Fireplace(s), Forced Air, Zoned
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Golf, Hiking, Park, Watersports, Preserve/Public Land, Street Lights

Schools

  • School District: Coast Unified
  • High School: Morro Bay
  • High School: Morro Bay
  • High School2: MORRB

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot, Sprinklers Drip System
  • Lot Size: 6,667sf
  • Lot Size Sq Ft: 6667.00
  • Lot Size Acres: 0.1531

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6667.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Marina in Community, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 106.02
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 3, 2024
Sold by
James And Gloria Zion Living Trust and Zion James A
Bought by
Wilson Living Trust and Wilson
Seller's Agent
Matt Sansone
Compass
Buyer's Agent
Frankie Ciano
Ciano Real Estate, Inc.
List Price
$2,575,000
Sold Price
$2,575,000
Total Days on Market
4
Views
43
Current Estimated Value
$2,541,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,535
Avg. Annual Appreciation
-1.18%

Purchase Details

Listed on
Aug 24, 2016
Closed on
Sep 29, 2016
Sold by
Hough John C and Hough Alair I
Bought by
Zion James A and Zion Gloria J
Seller's Agent
Johnny Hough
The Real Estate Group
Buyer's Agent
Kerry Sansone
Compass
List Price
$1,595,000
Sold Price
$1,535,000
Premium/Discount to List
-$60,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$1,145,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilson Living Trust $2,575,000 Fidelity National Title
Zion James A $1,535,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James And Gloria Zion Living T $500,000
Previous Owner Zion James A $798,500
Previous Owner Zion James A $802,500
Previous Owner Zion James A $1,145,000
Previous Owner Hough John C $250,000
Previous Owner Hough John C $626,000
Previous Owner Hough John C $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $2,575,000 0.0% $904 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $2,575,000 +67.8% $904 / Sq Ft
11/04/2016 11/04/16 Sold $1,535,000 -3.8% $539 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $1,595,000 -- $560 / 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 $19,225 $2,575,000 $1,700,000 $875,000
2024 $18,876 $1,746,561 $967,151 $779,410
2023 $18,876 $1,712,316 $948,188 $764,128
2022 $17,691 $1,678,743 $929,597 $749,146
2021 $17,408 $1,645,827 $911,370 $734,457
2020 $17,229 $1,628,953 $902,026 $726,927
2019 $17,049 $1,597,014 $884,340 $712,674
2018 $16,713 $1,565,700 $867,000 $698,700
2017 $16,384 $1,535,000 $850,000 $685,000
2016 $10,969 $1,030,000 $445,000 $585,000
2015 $10,966 $1,030,000 $445,000 $585,000
2014 $5,602 $651,000 $503,000 $148,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24128918

California Regional Multiple Listing Service (CRMLS)

APN: 066-251-047