NOT LISTED FOR SALE

2850 Elm Ave Morro Bay, CA 93442

Estimated Value: $706,257 - $849,000

2 Beds
1 Bath
720 Sq Ft
$1,090/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $740,000 $1,028 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,665/month

1 Day on Market

Highlights

  • No HOA
  • Hiking Trails
  • Laundry Room
  • Del Mar Elementary School Rated A-
  • Cooling Available
  • Stacked Washer and Dryer

About This Home

As of March 2024

2 bd 1 ba

Last Agent to Sell the Property

Martha Nastase

Gold Coast Realty Brokerage Email: mnastase5@yahoo.com License #01975033 Listed on: 02/24/2024

Last Buyer's Agent

Martha Nastase

Gold Coast Realty Brokerage Email: mnastase5@yahoo.com License #01975033 Listed on: 02/24/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 1967

Lot Details

  • 4,000 Sq Ft Lot
  • Front Yard
  • Property is zoned R1

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 6 / 11
  • Assessor Parcel Number 068216004

Community Details

Overview

  • No Home Owners Association
  • North Morro Bay Subdivision

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,797

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: North Morro Bay (820)
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068216004
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 720.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1027.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 105.05
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Feb 29, 2024
Sold by
Valley Paul and Valley Amy
Bought by
Talken Anna and Lord Austin
Seller's Agent
Martha Nastase
Gold Coast Realty
Buyer's Agent
Martha Nastase
Gold Coast Realty
List Price
$740,000
Sold Price
$740,000
Views
11
Current Estimated Value
$784,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,814
Avg. Annual Appreciation
2.97%

Purchase Details

Listed on
Apr 5, 2016
Closed on
Apr 20, 2016
Sold by
White Norma J
Bought by
Valley Paul and Valley Amy
Seller's Agent
Michelle Brown
Merrill & Associates Real Estate
Buyer's Agent
Monica Randeen
Monica Randeen, Broker
List Price
$440,000
Sold Price
$452,000
Premium/Discount to List
$12,000
2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$361,600
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2015
Sold by
Laster Norma J
Bought by
White Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2013
Sold by
Laster Rory and Laster Norma J
Bought by
Laster Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,290
Interest Rate
3.51%
Mortgage Type
VA

Purchase Details

Listed on
Dec 11, 2011
Closed on
Jan 19, 2012
Sold by
U S Bank National Association
Bought by
Laster Norma J and Laster Rory
Seller's Agent
Nancy Findlay
Platinum Properties
Buyer's Agent
Michelle Brown
Merrill & Associates Real Estate
List Price
$257,000
Sold Price
$257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$262,525
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Sep 23, 2011
Sold by
Neville Lorraine J and 2006 Lorraine J Neville Trust
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 20, 2006
Sold by
Neville Lorraine J
Bought by
Neville Lorraine J and 2006 Lorraine J Neville Trust

Purchase Details

Closed on
May 12, 1998
Sold by
Hart Lewis E and Hart Dorothy D
Bought by
Neville Lorraine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
7.11%
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
Talken Anna $740,000 Lawyers Title Company
Valley Paul $452,000 Placer Title Company
White Norma J -- Placer Title Company
White Norma J -- Fidelity National Title
Laster Norma J -- First American Title Company
Laster Norma J $257,000 Stewart Title Of California
U S Bank National Association $204,570 Accommodation
Neville Lorraine J -- None Available
Neville Lorraine J $138,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valley Paul $311,000
Previous Owner Valley Paul $361,600
Previous Owner White Norma J $40,000
Previous Owner Laster Norma J $259,290
Previous Owner Laster Norma J $262,525
Previous Owner Neville Lorraine J $330,000
Previous Owner Neville Lorraine J $386,250
Previous Owner Neville Lorraine J $90,000
Previous Owner Neville Lorraine J $210,000
Previous Owner Neville Lorraine J $125,600
Previous Owner Neville Lorraine J $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $740,000 0.0% $1,028 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/25/2024 02/25/24 Off Market $740,000 -- --
02/25/2024 02/25/24 For Sale $740,000 0.0% $1,028 / Sq Ft
02/24/2024 02/24/24 Off Market $740,000 -- --
05/12/2016 05/12/16 Sold $452,000 +2.7% $628 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $440,000 +71.2% $611 / Sq Ft
02/10/2012 02/10/12 Sold $257,000 0.0% $357 / Sq Ft
12/30/2011 12/30/11 Pending -- -- --
12/11/2011 12/11/11 For Sale $257,000 -- $357 / 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 $5,797 $754,800 $561,000 $193,800
2024 $5,693 $524,577 $377,186 $147,391
2023 $5,693 $514,292 $369,791 $144,501
2022 $5,336 $504,209 $362,541 $141,668
2021 $5,251 $494,324 $355,433 $138,891
2020 $5,197 $489,256 $351,789 $137,467
2019 $5,143 $479,664 $344,892 $134,772
2018 $5,042 $470,260 $338,130 $132,130
2017 $4,944 $461,040 $331,500 $129,540
2016 $2,849 $272,684 $201,596 $71,088
2015 $2,804 $268,589 $198,568 $70,021
2014 $2,574 $263,329 $194,679 $68,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24038339

California Regional Multiple Listing Service (CRMLS)

APN: 068-216-004