NOT LISTED FOR SALE

3400 Toro Ln Morro Bay, CA 93442

Estimated Value: $1,974,813 - $2,091,000

4 Beds
4 Baths
2,000 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,650,000 $825 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,706/month

38 Days on Market

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Primary Bedroom Suite
  • Del Mar Elementary School Rated A-
  • Attached Guest House
  • Across the Road from Lake or Ocean

About This Home

As of June 2021

Ocean views and nearly ocean front with this custom built single level home that includes an adjoining secondary unit! Direct beach access within 75 ft so you can have your toes in the sand in under a minute. Built in 2019, contemporary craftsman style, open concept living, solid countertops, 2x6 framing, 2 cozy fireplaces, energy efficient heating & A/C, attached 2+ car garage, abundant off street parking, added storage, & pre plumbed front patio. The main home offers a very efficient floor plan w/ 3 bedrooms, 3 bathrooms, approx. 1400 SF & boasts a massive 16 ft panoramic sliding window bringing the beautiful ocean views & sounds into the home. The secondary home offers 600 SF, 1 bedroom, 1 bathroom, + office/den & great ocean views. Better hurry!

Last Agent to Sell the Property

Tim Riley

Century 21 Masters License #01280227 Listed on: 04/06/2021

Last Buyer's Agent

Tim Riley

Century 21 Masters License #01280227 Listed on: 04/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,398

Year Built

  • Built in 2019

Lot Details

  • 6,098 Sq Ft Lot
  • Irregular Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Craftsman Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Triple Pane Windows
  • Double Pane Windows
  • Bay Window
  • Great Room
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Patio
  • Front Porch

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Natural Gas Connected
  • Tankless Water Heater
  • Water Softener
  • Phone Available
  • Cable TV Available

Additional Features

  • Attached Guest House
  • Across the Road from Lake or Ocean

Listing and Financial Details

  • Assessor Parcel Number 065091023

Community Details

Overview

  • No Home Owners Association
  • Beach Tract Subdivision

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,398

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Beach Tract(730)
  • View: Yes
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065091023
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 825.00
  • Room Type: Great Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Bay Window(s), Double Pane Windows, Triple Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House Attached
  • View: Coastline, Ocean, White Water
  • Patio And Porch Features: Brick, Concrete, Patio, Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Tankless Water Heater, Water Softener
  • Heating Type: High Efficiency, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: High Efficiency
  • 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: Gentle Sloping, Irregular Lot
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
May Jeremy M
Bought by
Jeremy Michael May Living Trust
Current Estimated Value
$2,035,203

Purchase Details

Closed on
Aug 24, 2022
Sold by
May Jeremy M
Bought by
May Jeremy M and Alandt Thomas R

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 28, 2021
Sold by
Frye Gregory J and Frye Jeanne M
Bought by
Frey Jeanne M
Seller's Agent
Tim Riley
Century 21 Masters
Buyer's Agent
Tim Riley
Century 21 Masters
List Price
$1,780,000
Sold Price
$1,650,000
Premium/Discount to List
-$130,000
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$1,320,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2019
Sold by
Frye Jeanne M
Bought by
Frye Gregory J and Frye Jeanne M

Purchase Details

Closed on
Aug 19, 2015
Sold by
Frye Gregory J and Frye Jeanne M
Bought by
Frye Gregory J and Frye Jeanne M

Purchase Details

Closed on
Oct 29, 2014
Sold by
Frye Gregory J and Frye Jeanne M
Bought by
The Gregory J Frye & Jeanne M Frye Revoc
Source: Public Records

Range of Values:

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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
Jeremy Michael May Living Trust -- Old Republic Title
May Jeremy M -- Old Republic Title
Frey Jeanne M $1,650,000 Placer Title Company
Frye Gregory J -- None Available
Frye Gregory J $34,500 Accommodation
The Gregory J Frye & Jeanne M Frye Revoc -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May Jeremy M $1,320,000
Previous Owner Frey Jeanne M $1,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $1,650,000 0.0% $825 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $1,650,000 -7.3% $825 / Sq Ft
04/06/2021 04/06/21 For Sale $1,780,000 -- $890 / 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 $19,398 $1,790,350 $1,193,567 $596,783
2024 $19,001 $1,755,246 $1,170,164 $585,082
2023 $19,001 $1,716,660 $1,144,440 $572,220
2022 $17,736 $1,683,000 $1,122,000 $561,000
2021 $10,092 $950,055 $490,342 $459,713
2020 $6,545 $616,115 $450,315 $165,800
2019 $4,734 $441,540 $441,540 $0
2018 $4,642 $432,883 $432,883 $0
2017 $4,551 $424,396 $424,396 $0
2016 $4,461 $416,075 $416,075 $0
2015 $4,393 $409,826 $409,826 $0
2014 $4,034 $401,799 $401,799 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC21071600

California Regional Multiple Listing Service (CRMLS)

APN: 065-091-023