$1,200,000
SOLD MAY 2, 2025

365 Arbutus Ave Morro Bay, CA 93442

3 Beds
2.5 Baths
2,298 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$522 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Primary Bedroom Suite
  • Del Mar Elementary School Rated A-
  • Harbor Views
  • Ocean Side of Highway 1

About This Home

As of May 2025

Welcome to this stunning 3 bed, 2.5 bath home located in the highly sought after Morro Heights neighborhood in beautiful Morro Bay, CA.
Enjoy the convenience of being just minutes away from local restaurants, picturesque golf course and miles of sandy beach! Step inside to find a light - open floorplan with vaulted ceiling and a cozy fireplace that creates a sense of spaciousness, luxury and warmth. The large open kitchen has plenty of counter space, cabinets and a large center island with a breakfast bar for those quick morning meals.
As you relax in your new home and take in the breathtaking views of Morro Rock and the sand spit from the architectural mitered windows, you'll also have the opportunity to view the many Coastal Sunsets from the viewing deck! The separate master suite has a large walk-in closet and a spacious tiled tub/shower combination and a large vanity. This is coastal living at its finest! Don't miss out on the opportunity to make this dream home yours. Contact us today for a private showing before it's too late!

Last Agent to Sell the Property

Leon Van Beurden

Bay Osos Brokers Brokerage Phone: 805-801-1133 License #00646313 Listed on: 03/28/2025

Last Buyer's Agent

Kathy Taverner

BHGRE HAVEN PROPERTIES License #00870894

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 55 x 100
  • Cul-De-Sac
  • East Facing Home
  • Fenced
  • Fence is in average condition
  • Rectangular Lot
  • Lot Sloped Down
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway Down Slope From Street

Property Views

  • Harbor
  • City Lights
  • Dune

Home Design

  • Craftsman Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Wood Roof
  • Composition Roof
  • Asphalt Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,298 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Self-Closing Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Shed
  • Rain Gutters
  • Front Porch

Schools

  • Morro Elementary School
  • Los Osos Middle School
  • Morro Bay High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 8
  • Assessor Parcel Number 066241017
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066241017
  • Year Built: 1993
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2298.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full, Living Room Deck Attached, Open Floorplan, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 522.19
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, Multi-Level Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Exhaust Fan(s), Main Floor Full Bath, Tile Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • View: Dunes, City Lights, Harbor
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Deck, Front Porch, Slab
  • Pool Private: No
  • Roof: Asphalt, Composition, Shingle, Wood
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Driveway Down Slope From Street, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered 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, Gas Water Heater, Microwave, Range Hood, Refrigerator, Water Heater Central, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Park

Schools

  • Elementary School: Morro
  • High School: Morro Bay
  • Middle Or Junior School: Los Osos
  • Elementary School #2: MORRO
  • High School2: MORRB

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Sloped Down, Front Yard, Gentle Sloping, Rectangular Lot
  • Lot Size: 55 X 100
  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1263

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5500.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 106.02
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Apr 23, 2025
Sold by
Rosalie Valvo Trust and Burkert Mary Jo
Bought by
Taverner Joseph E and Taverner Brittany E
Seller's Agent
Leon Van Beurden
Bay Osos Brokers
Buyer's Agent
Kathy Taverner
BHGRE HAVEN PROPERTIES
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Views
24
Current Estimated Value
$1,233,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,726
Avg. Annual Appreciation
3.87%
Original Mortgage
$1,020,000
Outstanding Balance
$1,012,723
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$221,003

Purchase Details

Closed on
Jul 11, 2006
Sold by
Valvo Rosalie
Bought by
Valvo Rosalie

Purchase Details

Closed on
Nov 15, 2002
Sold by
Valvo Rosalie and Diffley Rosalie Valvo
Bought by
Valvo Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 30, 2001
Sold by
Diffley Jessie Johanna
Bought by
Valvo Rosalie

Purchase Details

Closed on
Dec 3, 1993
Sold by
Diffley Peter J and Diffley Rosalie Valvo
Bought by
Diffley Peter J and Diffley Rosalie Valvo

Purchase Details

Closed on
Sep 3, 1993
Sold by
Diffley Rosalie Valvo
Bought by
Diffley Peter J
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 Type Sale Price Title Company
Grant Deed $1,200,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity Title Company
Quit Claim Deed -- --
Grant Deed -- --
Quit Claim Deed -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,020,000 VA
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $1,200,000 +4.3% $522 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $1,150,000 -- $500 / 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 $5,125 $480,124 $237,942 $242,182
2024 $5,031 $470,711 $233,277 $237,434
2023 $5,031 $461,482 $228,703 $232,779
2022 $4,714 $452,434 $224,219 $228,215
2021 $4,637 $443,564 $219,823 $223,741
2020 $4,589 $439,016 $217,569 $221,447
2019 $4,540 $430,408 $213,303 $217,105
2018 $4,450 $421,970 $209,121 $212,849
2017 $4,361 $413,697 $205,021 $208,676
2016 $4,274 $405,586 $201,001 $204,585
2015 $4,207 $399,494 $197,982 $201,512
2014 $3,862 $391,669 $194,104 $197,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25064441

California Regional Multiple Listing Service (CRMLS)

APN: 066-241-017