NOT LISTED FOR SALE

Estimated Value: $1,109,000 - $1,225,000

3 Beds
2 Baths
1,981 Sq Ft
$581/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $1,100,000 $555 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,596/month

37 Days on Market

Highlights

  • Property has ocean access
  • Golf Course Community
  • Home fronts navigable water
  • Monarch Grove Elementary School Rated A
  • Community Stables
  • Fishing

About This Home

As of August 2024

Price Reduced AGAIN to $1,200,000~~~We're talking about a nearly 2,000 square foot, Morro BAYFRONT HOME for $1.2 here! Don't let this opportunity escape you. Bring your Renovator's Eye to this "Diamond in the Rough!" Perched on iconic "Cuesta Inlet," this is a Bayfront opportunity with a location unlike any offered in recent times! While most of Los Osos' Morro Bayfront homes look Northward across the expanse of Morro Bay, this classic 60's home is perched on the South facing shores of the "Cuesta Inlet." Access for boaters, sailors, paddlers, kayakers and fishermen is in your backyard! Incredible views of the Cuesta Inlet, back bay Morro Bay and the Morro Sandspit give way to the rolling hills of Montana de Oro State Park in the dramatic background. Los Osos' famed "Sweet Springs" Nature Preserve is just a few blocks to the east and the challenging links at Sea Pines Golf Course are just a five iron to the South! Recreation abounds! And did I mention that this location on the "Mitchell Street Peninsula" is the coolest of neighborhoods with some of the friendliest neighbors you're apt to find on the Central Coast!!! The nearly 2,000 square foot mid-century home has experienced substantial deferred maintenance but is truly the blank canvas that a creative architectural mind will love to renovate! The house is positioned perfectly on the 50' X 100' lot to allow for expansion and/or re-orientation for view capture and more contemporary styling. Currently, most of the living area is on the upper entry level and downstairs is the bonus room, office, laundry room and spacious 2 car garage. One of the most inspirational Bayfront opportunities to hit the Los Osos market in a great while has arrived. Act now by calling your favorite Realtor and secure your home on the shores of Morro Bay's Cuesta Inlet!

Last Agent to Sell the Property

Greg Astle

Greg Astle, Broker Brokerage Phone: 805-423-7653 License #00687207 Listed on: 06/12/2024

Last Buyer's Agent

Christine McDonald

Coastal Real Estate License #01193039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1969

Lot Details

  • 5,000 Sq Ft Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Wood Fence
  • Fence is in fair condition
  • Lot Sloped Down
  • Density is up to 1 Unit/Acre
  • Property is zoned RSF

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Back Bay
  • Dune
  • Hills

Home Design

  • Traditional Architecture
  • Modern Architecture
  • Slab Foundation
  • Frame Construction
  • Asbestos Shingle Roof
  • Lap Siding

Interior Spaces

  • 1,981 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Home Office
  • Library
  • Bonus Room with Fireplace
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Electric Oven
  • Built-In Range
  • Corian Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 7 / 14
  • Assessor Parcel Number 074082007
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Cuesta By The Sea Subdivision
  • Foothills

Recreation

  • Golf Course Community
  • Fishing
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,950

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 805.423.7653
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Cuesta by the Sea(590)
  • View: Yes
  • Well Report: No
  • Zoning: RSF
  • Architectural Style: Modern, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 074082007
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1981.00 Square Feet
  • Interior Amenities: Balcony, Corian Counters
  • Stories: 2
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 2
  • Fireplace Features: Bonus Room, Living Room, Masonry
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 555.28
  • Room Type: All Bedrooms Up, Bonus Room, Laundry, Library, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Office
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Back Bay, Dunes, Bay, Hills, Water
  • Fence: Yes
  • Fencing: Fair Condition, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Pool Private: No
  • Roof: Asbestos Shingle, Other
  • Spa: No
  • Construction Materials: Frame, Lap Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Garage Faces Side, Garage - Two Door, Garage Door Opener, RV Access/Parking, RV Potential
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Electric Oven, Disposal, Gas & Electric Range, Gas Water Heater, Trash Compactor, Water Heater
  • Heating Type: Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Foothills, Golf, Hiking, Horse Trails, Stable(s)

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Elevation: 15 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre, Sloped Down
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148
  • Latitude Manual: 35.32084000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Navigable Water, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 107.07
  • Tax Lot: 7
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 26, 2024
Sold by
Larson Family Trust and Larson Dennis T
Bought by
2009 Christine Mcdonald Weiss Trust and Weiss
Seller's Agent
Greg Astle
Greg Astle, Broker
Buyer's Agent
Christine McDonald
Coastal Real Estate
List Price
$1,495,000
Sold Price
$1,100,000
Premium/Discount to List
-$395,000
-26.42%
Views
53
Current Estimated Value
$1,150,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,051
Avg. Annual Appreciation
4.29%
Original Mortgage
$1,028,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2022
Sold by
Larson Dennis T and Larson Roxane R
Bought by
Larson Dennis T and The Larson Family Trust
Source: Public Records

Range of Values:

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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
2009 Christine Mcdonald Weiss Trust $1,100,000 Chicago Title
Larson Dennis T -- None Available
Larson Dennis T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss 2009 Christine Mcdonald $1,072,000
Closed 2009 Christine Mcdonald Weiss Trust $1,028,500
Previous Owner Larson Dennis T $75,000
Previous Owner Larson Dennis T $163,000
Previous Owner Larson Dennis T $197,800
Previous Owner Larson Dennis T $197,400
Previous Owner Larson Dennis T $196,800
Previous Owner Larson Dennis T $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $1,100,000 -8.3% $555 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $1,200,000 -11.0% $606 / Sq Ft
06/25/2024 06/25/24 Price Changed $1,349,000 -9.8% $681 / Sq Ft
06/12/2024 06/12/24 For Sale $1,495,000 -- $755 / 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 $3,950 $1,110,000 $625,000 $485,000
2024 $3,887 $135,103 $41,049 $94,054
2023 $3,887 $132,455 $40,245 $92,210
2022 $3,657 $129,858 $39,456 $90,402
2021 $3,582 $127,313 $38,683 $88,630
2020 $3,382 $126,009 $38,287 $87,722
2019 $3,408 $123,539 $37,537 $86,002
2018 $3,408 $121,117 $36,801 $84,316
2017 $3,369 $118,743 $36,080 $82,663
2016 $2,220 $116,416 $35,373 $81,043
2015 $2,201 $114,668 $34,842 $79,826
2014 $2,094 $112,423 $34,160 $78,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24120241

California Regional Multiple Listing Service (CRMLS)

APN: 074-082-007