NOT LISTED FOR SALE

290 Olive St Morro Bay, CA 93442

Estimated Value: $1,042,664 - $1,287,000

3 Beds
2 Baths
1,535 Sq Ft
$774/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $820,000 $534 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,024/month

Highlights

  • Ocean Front
  • Golf Course Community
  • Across the Road from Lake or Ocean
  • Del Mar Elementary School Rated A-
  • Fishing
  • Cape Cod Architecture

About This Home

As of December 2019

This stunning two-story home is on a perfectly located lot in a great neighborhood close to the bay in Morro Bay From the open-concept kitchen and living space to the shaded backyard, there is plenty of room for the whole family to enjoy. With stunning views from both upstairs and downstairs of the bay. Situated in a family-friendly neighborhood near a great park on the bay, this home is sure to go fast!

Last Agent to Sell the Property

Tyler Fechner

Compass Listed on: 11/06/2019

Compass

Last Buyer's Agent

Tyler Fechner

Compass Listed on: 11/06/2019

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 2,455 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Private Yard
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Cape Cod Architecture
  • Stucco

Interior Spaces

  • 1,535 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 066211037

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Fishing
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Harbor Tract(760)
  • View: Yes
  • Zoning: R2
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066211037
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1535.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 534.20
  • Room Type: Family Room, Kitchen, Main Floor Master Bedroom, Master Bathroom
  • Bathroom Features: Bathtub, Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Bay, Ocean
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 2455.00
  • Lot Size Acres: 0.0564

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2455.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Bay Front, Ocean Front

Tax Info

  • Tax Census Tract: 106.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Nov 25, 2019
Sold by
Meder Christine Marie
Bought by
Muff John F and Muff Mary Jean
Seller's Agent
Tyler Fechner
Compass
Buyer's Agent
Tyler Fechner
Compass
List Price
$840,000
Sold Price
$820,000
Premium/Discount to List
-$20,000
-2.38%
Current Estimated Value
$1,188,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,416
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Seitz Carolyn I
Bought by
Seitz Family Trust

Purchase Details

Closed on
Mar 15, 1994
Sold by
Seitz Paul F and Seitz Carolyn I
Bought by
Seitz Paul F and Seitz Carolyn I
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
Muff John F $820,000 First American Title Company
Seitz Family Trust -- None Available
Seitz Paul F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $820,000 -2.4% $534 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $840,000 -- $547 / 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 $9,717 $896,785 $601,503 $295,282
2024 $9,541 $879,202 $589,709 $289,493
2023 $9,541 $861,964 $578,147 $283,817
2022 $8,943 $845,063 $566,811 $278,252
2021 $8,801 $828,495 $555,698 $272,797
2020 $8,710 $820,000 $550,000 $270,000
2019 $2,585 $241,073 $109,233 $131,840
2018 $2,534 $236,347 $107,092 $129,255
2017 $2,485 $231,714 $104,993 $126,721
2016 $2,436 $227,172 $102,935 $124,237
2015 $2,399 $223,760 $101,389 $122,371
2014 $2,203 $219,377 $99,403 $119,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC19259520

California Regional Multiple Listing Service (CRMLS)

APN: 066-211-037