NOT LISTED FOR SALE

350 Luzon St Morro Bay, CA 93442

Estimated Value: $897,530 - $1,019,000

3 Beds
3 Baths
1,604 Sq Ft
$604/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $865,000 $539 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,780/month

About This Home

Price Reduced at this pretty Morro Bay home with spacious open concept living, dining and kitchen with ocean view deck. Featuring 3 bedrooms and 2.5 bathrooms with 2 car garage. Upstairs it is light and bright with windows and tall ceilings, warm gas fireplace open to kitchen and dining space. The kitchen features wood cabinets, tile counters and walk in pantry. The master suite has walk in closets, high ceilings, and en suite bathroom with two sinks and walk in shower. There is a stylish half bath in the upstairs. Downstairs are two bedrooms with walk in closets and a full bathroom. Double doors on one of the bedrooms makes it a great office, den or bedroom. Updated flooring throughout the house, warm paint and white trim are a wonderful palette for coastal style.The attached two car garage has a place for the washer and dryer. The front deck is great for a BBQ, and watching ocean sunsets and listening to the sound of the sea. Landscaping at the front and patio space for privacy in the back yard. This North Morro Bay neighborhood provides easy access to beach, Del Mar Park and onto Highway 1 for visits to wine country and the wonderful communities on the central coast. Come home to the delightful community of Morro Bay.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 29, 2024
Sold by
Tang Quyen and Tang Tracy
Bought by
Tang Living Trust and Tang
Seller's Agent
Laura McKinney
Richardson Sotheby's International Realty
Buyer's Agent
James Statler
Mariani Realty
List Price
$960,000
Sold Price
$865,000
Premium/Discount to List
-$95,000
-9.9%
Views
133
Current Estimated Value
$969,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,383
Avg. Annual Appreciation
8.00%
Original Mortgage
$173,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 6, 2024
Sold by
Schmall Family Trust and Schmall Katherine Elizabeth
Bought by
Tang Quyen and Tang Tracy
Seller's Agent
Laura McKinney
Richardson Sotheby's International Realty
Buyer's Agent
James Statler
Mariani Realty
List Price
$960,000
Sold Price
$865,000
Premium/Discount to List
-$95,000
-9.9%
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2019
Closed on
Mar 5, 2020
Sold by
Kirk Michael and Kirk Lora
Bought by
Schmall Katherine Elizabeth and The Schmall Family Trust
Seller's Agent
Mike Kirk
Michael Kirk, Broker
Buyer's Agent
Jeff Elmerick
Horizon Realty & Property Mgt
List Price
$729,950
Sold Price
$710,000
Premium/Discount to List
-$19,950
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Jun 13, 2005
Sold by
Wiley Michael and Wiley Christina
Bought by
Kirk Michael and Kirk Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 31, 2002
Sold by
Haidet S Marcus and Haidet Betsy J
Bought by
Wiley Michael and Wiley Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
6.69%

Purchase Details

Closed on
Dec 31, 2001
Sold by
Mcnaughton James
Bought by
Mcnaughton Janice

Purchase Details

Closed on
Aug 15, 2001
Sold by
Mcnaughton Janice and Salter Janice
Bought by
Haidet S Marcus and Haidet Betsy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.17%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Tang Living Trust -- None Listed On Document
Tang Quyen $865,000 First American Title
Schmall Katherine Elizabeth $710,000 First American Title Company
Kirk Michael $632,000 Fidelity Title Company
Wiley Michael $362,500 Fidelity Title Company
Mcnaughton Janice -- First American Title Co
Haidet S Marcus $130,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Quyen $173,000
Previous Owner Kirk Michael $140,000
Previous Owner Wiley Michael $252,500
Previous Owner Haidet S Marcus $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2024 07/05/24 Sold $865,000 -6.0% $539 / Sq Ft View Prior Sale
06/05/2024 06/05/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $920,000 -2.0% $574 / Sq Ft
04/16/2024 04/16/24 Price Changed $939,000 -2.2% $585 / Sq Ft
03/05/2024 03/05/24 For Sale $960,000 +35.2% $599 / Sq Ft
03/18/2020 03/18/20 Sold $710,000 -2.7% $443 / Sq Ft View Prior Sale
02/28/2020 02/28/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $729,950 0.0% $455 / Sq Ft
12/29/2019 12/29/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $729,950 -- $455 / Sq Ft

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 $8,413 $865,000 $475,000 $390,000
2024 $8,261 $761,260 $428,879 $332,381
2023 $8,261 $746,334 $420,470 $325,864
2022 $7,743 $731,701 $412,226 $319,475
2021 $7,620 $717,355 $404,144 $313,211
2020 $7,542 $710,000 $425,000 $285,000
2019 $7,291 $680,000 $375,000 $305,000
2018 $7,152 $667,000 $369,000 $298,000
2017 $6,862 $640,000 $355,000 $285,000
2016 $6,487 $605,000 $335,000 $270,000
2015 $6,067 $566,000 $315,000 $251,000
2014 $5,251 $523,000 $290,000 $233,000
Source: Public Records

Agents Affiliated with this Home

  • Laura McKinney

    Seller's Agent in 2024

    Laura McKinney

    Richardson Sotheby's International Realty

    (805) 235-0457

    1 in this area

    37 Total Sales

    Laura McKinney
    Section Image

  • J

    Buyer's Agent in 2024

    James Statler

    Mariani Realty

    (805) 543-7727

    1 in this area

    6 Total Sales

    James Statler
    Section Image

  • M

    Seller's Agent in 2020

    Mike Kirk

    Michael Kirk, Broker

    Section Image

  • J

    Buyer's Agent in 2020

    Jeff Elmerick

    Horizon Realty & Property Mgt

    (805) 772-5657

    10 Total Sales

    Jeff Elmerick
    Section Image
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Map

California San Luis Obispo County Morro Bay 93442

350 Luzon St, Morro Bay, CA

Not Listed for Sale

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