NOT LISTED FOR SALE

300 Arcadia Ave Morro Bay, CA 93442

Estimated Value: $1,146,000 - $1,371,000

3 Beds
2.5 Baths
1,800 Sq Ft
$681/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $630,000 $350 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,005/month

89 Days on Market

Highlights

  • Ocean View
  • On Golf Course
  • Wood Flooring
  • Del Mar Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom

About This Home

As of December 2012

Excellent opportunity to own a Golf Course Frontage Home in Morro Bay Heights! Certainly a Golfer's delight, but good for anyone! Approx: 5000sqft Lot. This is a vintage'' single level home that needs revitalization to complement the ocean & golf course views. Access to walking trail around the golf course & Black Hill. Location is everything, and this has it! Bring your vison and long term plans as this one is ready to sell!

Last Agent to Sell the Property

Jay Chiasson

Navigators Real Estate License #01836276 Listed on: 08/14/2012

Last Buyer's Agent

Jay Chiasson

Navigators Real Estate License #01836276 Listed on: 08/14/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,009 Sq Ft Lot
  • On Golf Course
  • Corner Lot
  • Property is zoned R,SFR

Parking

  • 1 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Woods

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • Wood Burning Fireplace
  • L-Shaped Dining Room
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Additional Features

  • Enclosed Patio or Porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066243001

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

5,009 Sq Ft Lot

Parking

1

Listing Details

  • Subdivision Name Other: Morro Heights
  • View: Yes
  • Zoning: R,SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066243001
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell, Dining Room
  • Fireplace Features: Master Bedroom, Wood Burning
  • Levels: One
  • Price Per Square Foot: 350.00
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Raised
  • View: Bay, Ocean, Panoramic, Trees/Woods
  • Patio And Porch Features: Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: On Golf Course, Corner Lot
  • Lot Size Sq Ft: 5009.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lot Size Area: 5009.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2012
Closed on
Dec 10, 2012
Sold by
Elson Garry
Bought by
Elson Penny Powell
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$749,000
Sold Price
$630,000
Premium/Discount to List
-$119,000
-15.89%
Current Estimated Value
$1,224,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,841
Avg. Annual Appreciation
5.16%
Original Mortgage
$500,000
Outstanding Balance
$346,418
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$880,013

Purchase Details

Listed on
Aug 14, 2012
Closed on
Nov 30, 2012
Sold by
Powell F Cortwright and Elson Penny Powell
Bought by
Hyman Milton B and Hyman Sheila
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$749,000
Sold Price
$630,000
Premium/Discount to List
-$119,000
-15.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$346,418
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$880,013

Purchase Details

Closed on
Jul 19, 2006
Sold by
Powell F Cortwright and Powell Jeffry F
Bought by
Powell F Cortwright and Powell Jeffry F

Purchase Details

Closed on
Feb 1, 2005
Sold by
Powell F Cortwright and Powell Jeffrey F
Bought by
Powell F Cortwright and Powell Jeffry F
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
Elson Penny Powell -- Fidelity National Title Co
Hyman Milton B $630,000 Fidelity National Title Co
Powell Jeffry F -- Fidelity National Title Co
Powell F Cortwright -- Fidelity National Title Co
Powell F Cortwright -- None Available
Powell F Cortwright -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyman Milton B $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $630,000 0.0% $350 / Sq Ft
12/14/2012 12/14/12 Off Market $630,000 -- --
11/11/2012 11/11/12 Pending -- -- --
10/27/2012 10/27/12 Price Changed $699,000 -3.6% $388 / Sq Ft
09/22/2012 09/22/12 Price Changed $725,000 -3.2% $403 / Sq Ft
08/14/2012 08/14/12 For Sale $749,000 -- $416 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,406 $775,787 $646,494 $129,293
2024 $8,254 $760,576 $633,818 $126,758
2023 $8,254 $745,664 $621,391 $124,273
2022 $7,736 $731,044 $609,207 $121,837
2021 $7,613 $716,711 $597,262 $119,449
2020 $7,535 $709,363 $591,138 $118,225
2019 $7,457 $695,455 $579,548 $115,907
2018 $7,311 $681,820 $568,185 $113,635
2017 $7,167 $668,452 $557,045 $111,407
2016 $7,027 $655,346 $546,123 $109,223
2015 $6,920 $645,503 $537,920 $107,583
2014 $6,354 $632,859 $527,383 $105,476
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC189109

California Regional Multiple Listing Service (CRMLS)

APN: 066-243-001

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