NOT LISTED FOR SALE

375 Acacia St Morro Bay, CA 93442

Estimated Value: $1,474,000 - $2,135,000

2 Beds
2 Baths
2,494 Sq Ft
$724/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2017

Last sale price $1,350,000 $541 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,546 / mo

About This Home

Enter this one of a kind private retreat and feel as though your part of an article in Sunset Magazine.  Originally designed and built by Jerry Rupp whose unique California style incorporates redwood and glass - all set seamlessly amongst the landscape of Cerrito Peak.  Later a masterfully constructed addition held true to the architectural integrity, incorporating building materials from around the globe, while capturing the natural world with vistas expanding across the Pacific Ocean.  Pass through the hand-crafted doors onto the many outdoor patio spaces, impeccably surrounded by custom gates, water features, and picturesque landscape.  The magnificent yard includes a second lot with its own parcel number.  All situated in the highly sought after "banana belt" of Morro Bay, close to downtown, golf course, and walking trails.  This is your opportunity to own one of Morro Bay’s iconic properties consisting of intricate details and encapsulating the essence of a pleasant balance between nature, and modern-day lifestyle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Nov 17, 2017
Sold by
Carsel Richard A and The Tefft Living Trust
Bought by
Roschen William and Cleve Christi Van
Seller's Agent
Frankie Ciano
Ciano Real Estate, Inc.
Buyer's Agent
Frankie Ciano
Ciano Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,350,000
Premium/Discount to List
$100,000
8%
Current Estimated Value
$1,805,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,095
Avg. Annual Appreciation
3.54%
Original Mortgage
$1,150,000
Outstanding Balance
$964,916
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$840,179

Purchase Details

Closed on
Apr 23, 2013
Sold by
Tefft Robert G and Tefft Olivia L
Bought by
Tefft Robert G and Tefft Olivia L

Purchase Details

Closed on
Nov 25, 1997
Sold by
Tefft Robert G
Bought by
Tefft Robert G and Tefft Olivia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
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
Roschen William $1,350,000 Fidelity National Title Co
Tefft Robert G -- None Available
Tefft Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roschen William $1,150,000
Previous Owner Tefft Robert G $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2017 12/21/17 Sold $1,350,000 +8.0% $541 / Sq Ft View Prior Sale
12/20/2017 12/20/17 Price Changed $1,250,000 0.0% $501 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $1,250,000 -- $501 / Sq Ft

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 $11,712 $1,080,933 $512,020 $568,913
2024 $11,500 $1,059,739 $501,981 $557,758
2023 $11,500 $1,038,961 $492,139 $546,822
2022 $10,779 $1,018,590 $482,490 $536,100
2021 $10,608 $998,619 $473,030 $525,589
2020 $10,499 $988,380 $468,180 $520,200
2019 $10,390 $969,000 $459,000 $510,000
2018 $10,186 $950,000 $450,000 $500,000
2017 $3,643 $339,736 $127,443 $212,293
2016 $3,571 $333,076 $124,945 $208,131
2015 $3,517 $328,074 $123,069 $205,005
2014 $3,229 $321,649 $120,659 $200,990
Source: Public Records

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