NOT LISTED FOR SALE

370 Arbutus Ave Morro Bay, CA 93442

Estimated Value: $997,635 - $1,324,000

3 Beds
2 Baths
1,680 Sq Ft
$678/Sq Ft Est. Value

Last Sold July 05, 2013

Last sale price $475,000 $283 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $6,485/month

36 Days on Market

Highlights

  • Ocean View
  • On Golf Course
  • L-Shaped Dining Room
  • Del Mar Elementary School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of July 2013

Location, Location! Come SEE! Single story in Morro Heights on a street that dead ends at the Morro Bay golf course park! This home is only a few steps from golf and the park. Views of ocean and Morro Rock from livingroom. Hard to replace in THIS neighborhood. Needs some cosmetic upgrades, but has great bones. High beam ceilings, ceramic tiled kitchen. Central atrium enhances all areas. Bay window in front bedroom/office. Large inside laundry room.Brand new flooring & toilet fixtures in baths & laundry. Real wood fireplace in Living room. Great tenants currently in home take care of the home nicely, and would like to stay. A contractor noted there is drywall under panelling in living room and office/bedroom, for easy, inexpensive and quick removal if drywall is preferred.

Last Agent to Sell the Property

Sandy Bean

Oceanside International Real E License #00683212 Listed on: 04/04/2013

Last Buyer's Agent

Nick Hall

Liberty Realty License #00476431

Liberty Realty

Home Details

Home Type

  • Single Family

Lot Details

  • 5,576 Sq Ft Lot
  • On Golf Course
  • Cul-De-Sac
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Bay
  • Peek-A-Boo
  • Rock

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • L-Shaped Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066242008

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066242008
  • Special Features: None

Interior Features

  • Living Area: 1680.00
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 282.74
  • Room Type: Main Floor Master Bedroom

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Disposal
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac, On Golf Course, Paved
  • Lot Size Sq Ft: 5576.00
  • Lot Size Acres: 0.1280

Multi Family

  • Lot Size Area: 5576.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Saiki Gregory T and Saiki Tracy M
Bought by
Saiki Tracy M
Current Estimated Value
$1,139,659

Purchase Details

Closed on
Dec 7, 2016
Sold by
Saiki Gregory T
Bought by
Saiki Gregory T and Saiki Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,900
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 18, 2013
Sold by
Saiki Tracy Marchant
Bought by
Saiki Gregory T
Seller's Agent
Sandy Bean
Oceanside International Real E
Buyer's Agent
Nick Hall
Liberty Realty
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$351,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 13, 2013
Sold by
Pomorski Donna K and Rhoades Family Revocable Livin
Bought by
Saiki Gregory T
Seller's Agent
Sandy Bean
Oceanside International Real E
Buyer's Agent
Nick Hall
Liberty Realty
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Rhoades Omer A and Rhoades Irene D
Bought by
Rhoades Omer A and Rhoades Irene D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saiki Tracy M -- None Listed On Document
Saiki Gregory T -- Title 365
Saiki Gregory T -- First American Title Company
Saiki Gregory T $475,000 First American Title Company
Rhoades Omer A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saiki Gregory T $334,900
Previous Owner Saiki Gregory T $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2013 07/05/13 Sold $475,000 0.0% $283 / Sq Ft
07/04/2013 07/04/13 Off Market $475,000 -- --
05/10/2013 05/10/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $495,000 -- $295 / 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 $6,309 $582,276 $306,461 $275,815
2024 $6,195 $570,859 $300,452 $270,407
2023 $6,195 $559,666 $294,561 $265,105
2022 $5,807 $548,693 $288,786 $259,907
2021 $5,714 $537,935 $283,124 $254,811
2020 $5,656 $532,420 $280,221 $252,199
2019 $5,597 $521,981 $274,727 $247,254
2018 $5,487 $511,747 $269,341 $242,406
2017 $5,380 $501,713 $264,060 $237,653
2016 $5,274 $491,877 $258,883 $232,994
2015 $5,194 $484,490 $254,995 $229,495
2014 $4,769 $475,000 $250,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC195258

California Regional Multiple Listing Service (CRMLS)

APN: 066-242-008