NOT LISTED FOR SALE

350 Arcadia Ave Morro Bay, CA 93442

Estimated Value: $1,145,000 - $1,439,000

3 Beds
2 Baths
1,500 Sq Ft
$831/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $825,000 $550 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,402/month

94 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Del Mar Elementary School Rated A-
  • L-Shaped Dining Room
  • Laundry Room

About This Home

As of October 2015

IMMACULATE charm flows from this renovated cottage with features straight out of Sunset Magazine located on a prime Heights cul-de-sac parcel just a half block from the Morro Bay golf course. Both living and family rooms have bay windows, cozy fireplaces and feature custom cabinets and bookshelves. The well appointed master suite occupies the upper level with spacious deck and a view of the back Bay. An efficient kitchen has both breakfast area and pantry. Homes exhibiting this level of thoughtful detail, design and execution are a rare find. Call your Realtor today for a special treat.

Last Agent to Sell the Property

Dale Kaiser

Dale Kaiser Real Estate License #01297036 Listed on: 10/09/2015

Last Buyer's Agent

Eddie Stanfield

Century 21 Hometown Realty, Pismo Beach Office License #00992808

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,001 Sq Ft Lot
  • Privacy Fence
  • Fenced

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066243018

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subdivision Name Other: Morro Heights(810)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066243018
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 550.00

Exterior Features

  • Foundation: Slab
  • View: Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lot Size Area: 5001.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2018
Sold by
Auerbach Richard C and Auerbach Loreta C
Bought by
Auerbach Richard C and Auerbach Loreta C
Current Estimated Value
$1,246,919

Purchase Details

Closed on
Apr 21, 2017
Sold by
Auerbach Richard C
Bought by
Auerbach Richard C and Auerbach Loreta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Outstanding Balance
$238,005
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,008,914

Purchase Details

Listed on
Oct 9, 2015
Closed on
Oct 27, 2015
Sold by
Auerbach Loreta C
Bought by
Auerbach Richard C
Seller's Agent
Dale Kaiser
Dale Kaiser Real Estate
Buyer's Agent
Eddie Stanfield
Century 21 Hometown Realty, Pismo Beach Office
List Price
$849,500
Sold Price
$825,000
Premium/Discount to List
-$24,500
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$300,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 9, 2015
Closed on
Sep 25, 2015
Sold by
Davis William R and Davis Constance
Bought by
Auerbach Richard C
Seller's Agent
Dale Kaiser
Dale Kaiser Real Estate
Buyer's Agent
Eddie Stanfield
Century 21 Hometown Realty, Pismo Beach Office
List Price
$849,500
Sold Price
$825,000
Premium/Discount to List
-$24,500
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 2, 1999
Sold by
Johnson Arthur K and Johnson Barbara E
Bought by
Davis William R and Davis Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.77%

Purchase Details

Closed on
Sep 24, 1998
Sold by
Johnson Arthur K and Johnson Barbara E
Bought by
Johnson Arthur K and Johnson Barbara E

Purchase Details

Closed on
Apr 2, 1998
Sold by
Safarjan Paula Tinder
Bought by
Johnson Arthur K and Johnson Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.07%
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
Auerbach Richard C -- None Available
Auerbach Richard C -- Nations Title Company
Auerbach Richard C -- Fidelity National Title Co
Auerbach Richard C $825,000 Fidelity National Title Co
Davis William R $307,000 Chicago Title Co
Johnson Arthur K -- --
Johnson Arthur K $205,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auerbach Richard C $293,000
Closed Auerbach Richard C $300,000
Previous Owner Davis William R $240,000
Previous Owner Johnson Arthur K $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $825,000 -2.9% $550 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $849,500 0.0% $566 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/28/2015 08/28/15 Price Changed $849,500 -5.1% $566 / Sq Ft
07/13/2015 07/13/15 For Sale $895,000 -- $597 / 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 $10,582 $976,625 $562,300 $414,325
2024 $10,390 $957,476 $551,275 $406,201
2023 $10,390 $938,703 $540,466 $398,237
2022 $9,739 $920,298 $529,869 $390,429
2021 $9,584 $902,254 $519,480 $382,774
2020 $9,486 $893,004 $514,154 $378,850
2019 $9,387 $875,495 $504,073 $371,422
2018 $9,203 $858,330 $494,190 $364,140
2017 $9,023 $841,500 $484,500 $357,000
2016 $8,846 $825,000 $475,000 $350,000
2015 $4,209 $392,592 $230,186 $162,406
2014 $3,864 $384,902 $225,677 $159,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1057359

California Regional Multiple Listing Service (CRMLS)

APN: 066-243-018