NOT LISTED FOR SALE

290 Terra St Morro Bay, CA 93442

Estimated Value: $1,034,891 - $1,359,000

3 Beds
2 Baths
1,410 Sq Ft
$844/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $575,000 $408 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,795/month

11 Days on Market

Highlights

  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Cul-De-Sac
  • Del Mar Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2013

Lovely Beach House! This immaculate single level residence features 3 bedrooms/2 baths, a family room, formal dining plus a breakfast bar, a wood burning fireplace, a 2 car garage, a 7 year old roof, a spacious, low maintenance backyard and even RV parking, all on a large lot. Located in Morro Bay's desirable Beach Tract and close to beautiful beaches, restaurants and shopping, this home is turn key, move-in ready and includes all furniture and furnishings. Just perfect as a second home with potential income as a vacation rental or a primary residence. Priced to sell. Lot Description: Irregular

Last Agent to Sell the Property

Jutta Jacobs

Central Coast Sotheby’s International Realty License #01307423 Listed on: 10/03/2013

Last Buyer's Agent

Nancy Churchill

Coldwell Banker Kellie & Assoc License #01386962

Coldwell Banker Kellie & Assoc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 7,135 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • RV Access or Parking

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,410 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Vinyl Flooring
  • Property Views

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065368004

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065368004
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1410.00
  • Interior Amenities: Pantry
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 407.80
  • Room Type: Family Room, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Garage Faces Rear, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Cul-De-Sac, Level with Street, Paved
  • Lot Size Sq Ft: 7135.00
  • Lot Size Acres: 0.1640

Multi Family

  • Lot Size Area: 7135.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2014
Sold by
Shea James P and Shea Teresa A
Bought by
The James & Teresa Shea Family Trust and Shea Tresa A
Current Estimated Value
$1,189,723

Purchase Details

Listed on
Oct 3, 2013
Closed on
Oct 30, 2013
Sold by
Mccloskey Kevin and Mccloskey Tamara
Bought by
Shea James P and Shea Teresa A
Seller's Agent
Jutta Jacobs
Central Coast Sotheby’s International Realty
Buyer's Agent
Nancy Churchill
Coldwell Banker Kellie & Assoc
List Price
$579,000
Sold Price
$575,000
Premium/Discount to List
-$4,000
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$460,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2011
Sold by
Mccloskey & Moseley Property Llc
Bought by
Moseley Scott and Moseley Gayle

Purchase Details

Closed on
Dec 28, 2008
Sold by
Moseley Scott and Moseley Gayle
Bought by
Mccloskey & Moseley Property Llc

Purchase Details

Closed on
Aug 1, 2006
Sold by
Sayers Colleen B
Bought by
Moseley Scott and Moseley Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The James & Teresa Shea Family Trust -- None Available
Shea James P $575,000 First American Title Company
Moseley Scott -- None Available
Mccloskey & Moseley Property Llc -- None Available
Moseley Scott $650,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shea James P $460,000
Previous Owner Moseley Scott $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2013 11/22/13 Sold $575,000 -0.7% $408 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $579,000 -- $411 / 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 $7,637 $704,858 $459,692 $245,166
2024 $7,499 $691,038 $450,679 $240,359
2023 $7,499 $677,490 $441,843 $235,647
2022 $7,029 $664,207 $433,180 $231,027
2021 $6,917 $651,185 $424,687 $226,498
2020 $6,846 $644,509 $420,333 $224,176
2019 $6,775 $631,873 $412,092 $219,781
2018 $6,642 $619,484 $404,012 $215,472
2017 $6,512 $607,339 $396,091 $211,248
2016 $6,385 $595,431 $388,325 $207,106
2015 $6,287 $586,488 $382,492 $203,996
2014 $5,773 $575,000 $375,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC200978

California Regional Multiple Listing Service (CRMLS)

APN: 065-368-004