NOT LISTED FOR SALE

321 Luzon St Morro Bay, CA 93442

Estimated Value: $987,000 - $1,231,000

3 Beds
2.5 Baths
1,694 Sq Ft
$651/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $775,000 $457 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,539/month

264 Days on Market

Highlights

  • Ocean View
  • Built in 2018 | Newly Remodeled
  • Deck
  • Del Mar Elementary School Rated A-
  • Two Primary Bedrooms
  • 3-minute walk to Del Mar Park

About This Home

As of October 2019

Beautiful NEW ocean view custom Morro Bay Home. This home offers ocean views, 3 bedrooms (2- masters), 2.5 baths, custom Granite and tile work, fireplace, electric car charger, tankless water heater, stainless steel appliances and is only a short walk to the beach. The home is extremely open, bright and airy.

Last Agent to Sell the Property

Kirk Najarian

West Coast Properties License #01188188 Listed on: 12/21/2018

Last Buyer's Agent

Erica Hinojosa

Berkshire Hathaway Home Servic License #01987938

Berkshire Hathaway Home Servic

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 40 x 60
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned C1

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,694 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Double Master Bedroom
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Cooling Available
  • Central Heating
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Ocean View Development

Listing and Financial Details

  • Assessor Parcel Number 065064025

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Morro Bay (820)
  • View: Yes
  • Zoning: C1
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065064025
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1694.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 457.50
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Two Masters
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Ocean
  • Fence: Yes
  • Fencing: Wood
  • Builder Name: Ocean View Development
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 40 x 60
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2018
Closed on
Sep 24, 2019
Sold by
Ocean View Development Llc
Bought by
Bush William Walter
Seller's Agent
Kirk Najarian
West Coast Properties
Buyer's Agent
Erica Hinojosa
Berkshire Hathaway Home Servic
List Price
$869,000
Sold Price
$775,000
Premium/Discount to List
-$94,000
-10.82%
Current Estimated Value
$1,103,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,114
Avg. Annual Appreciation
5.85%
Original Mortgage
$620,000
Outstanding Balance
$540,820
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$562,294

Purchase Details

Listed on
Jul 13, 2016
Closed on
Sep 12, 2016
Sold by
Roth Robin T
Bought by
Ocean View Development Llc
Seller's Agent
Doug Riddell
Coast Realty
Buyer's Agent
Kirk Najarian
West Coast Properties
List Price
$230,000
Sold Price
$185,000
Premium/Discount to List
-$45,000
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.46%

Purchase Details

Closed on
Jun 22, 2016
Sold by
Roth Aida L
Bought by
Roth Robin T

Purchase Details

Closed on
Sep 25, 2001
Sold by
Roth Aida L and Henry & Aida Roth Living Trust
Bought by
Roth Aida L

Purchase Details

Closed on
Oct 13, 1997
Sold by
Roth Henry and Roth Aida L
Bought by
Roth Henry and Roth Aida
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
Bush William Walter $775,000 Fidelity National Title Co
Ocean View Development Llc $185,000 Fidelity National Title Co
Roth Robin T -- Fidelity National Title Co
Roth Robin T -- None Available
Roth Aida L -- --
Roth Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush William Walter $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2019 10/17/19 Sold $775,000 -1.8% $457 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $789,500 -1.3% $466 / Sq Ft
06/29/2019 06/29/19 Price Changed $799,500 -3.1% $472 / Sq Ft
05/24/2019 05/24/19 Price Changed $825,000 -1.7% $487 / Sq Ft
05/10/2019 05/10/19 Price Changed $839,000 -1.2% $495 / Sq Ft
02/13/2019 02/13/19 Price Changed $849,000 -2.3% $501 / Sq Ft
12/21/2018 12/21/18 For Sale $869,000 +369.7% $513 / Sq Ft
09/23/2016 09/23/16 Sold $185,000 -19.6% -- View Prior Sale
09/02/2016 09/02/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $230,000 -- --
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 $9,106 $847,572 $492,139 $355,433
2024 $8,940 $830,954 $482,490 $348,464
2023 $8,940 $814,662 $473,030 $341,632
2022 $8,378 $798,689 $463,755 $334,934
2021 $8,243 $783,029 $454,662 $328,367
2020 $8,158 $775,000 $450,000 $325,000
2019 $6,353 $592,474 $192,474 $400,000
2018 $2,023 $188,700 $188,700 $0
2017 $1,984 $185,000 $185,000 $0
2016 $128 $11,937 $11,937 $0
2015 $126 $11,758 $11,758 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC18294996

California Regional Multiple Listing Service (CRMLS)

APN: 065-064-025