NOT LISTED FOR SALE

391 Panay St Morro Bay, CA 93442

Estimated Value: $917,894 - $1,013,000

3 Beds
2.5 Baths
1,625 Sq Ft
$598/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $499,500 $307 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,633/month

24 Days on Market

Highlights

  • Ocean View
  • Deck
  • Corner Lot
  • Del Mar Elementary School Rated A-
  • Cathedral Ceiling
  • L-Shaped Dining Room

About This Home

As of May 2014

Pristine, spacious, and airy, gorgeous custom 3 bedroom home, offering expansive wrap around viewing deck, featuring ocean, Morro Rock, and rolling hills views on large corner lot. Recently refreshed, shows like a dream, in mint turnkey condition. Ideal open floor plan with easy access from large two car garage.

Last Agent to Sell the Property

Frankie Ciano

Ciano Real Estate, Inc. License #01412309 Listed on: 02/24/2014

Last Buyer's Agent

Darlene Gage

BHGRE HAVEN PROPERTIES License #01238154

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 2,400 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Property Views

  • Ocean
  • Hills
  • Rock

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,625 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room
  • L-Shaped Dining Room
  • Home Security System
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065051030

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Security: Security System
  • Subdivision Name Other: North Morro Bay(820)
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065051030
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Living Area: 1625.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Pantry
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Levels: Two
  • Price Per Square Foot: 307.38
  • Room Type: Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Ocean, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level with Street, Paved, Corner Lot
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lot Size Area: 2400.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2015
Sold by
Gillette Terry and Gillette Lissa
Bought by
The Terry & Lissa Gillette Family Trust
Current Estimated Value
$972,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Outstanding Balance
$285,286
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$687,188

Purchase Details

Closed on
Oct 31, 2014
Sold by
Gillette Terry M and Gillette Lissa G
Bought by
Gillette Terry and Gillette Lissa

Purchase Details

Listed on
Feb 24, 2014
Closed on
Apr 1, 2014
Sold by
Williams Russell Louis and Williams Sara Karen
Bought by
Gillette Terry M and Gillette Lissa G
Seller's Agent
Frankie Ciano
Ciano Real Estate, Inc.
Buyer's Agent
Darlene Gage
BHGRE HAVEN PROPERTIES
List Price
$499,000
Sold Price
$499,500
Premium/Discount to List
$500
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$374,625
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Williams Russell Louis and Williams Sara Karen
Bought by
Williams Russell Louis and Williams Sara Karen

Purchase Details

Closed on
Aug 21, 1995
Sold by
Williams Sara Karen
Bought by
Williams Russell Louis and Williams Sara Karen

Purchase Details

Closed on
Dec 28, 1994
Sold by
Coburn Rauden H
Bought by
Coburn Rauden H and Coburn Shelbourne D

Purchase Details

Closed on
Aug 10, 1992
Sold by
Coburn Rauden H and Williams Sara Karen
Bought by
Coburn Rauden H and Williams Sara Karen
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 Buyer Sale Price Title Company
The Terry & Lissa Gillette Family Trust -- First American Title Company
Gillette Terry -- First American Title Company
Gillette Terry -- None Available
Gillette Terry M $499,500 Fidelity National Title Co
Williams Russell Louis -- None Available
Williams Russell Louis -- None Available
Williams Russell Louis -- --
Coburn Rauden H -- --
Coburn Rauden H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillette Terry $371,000
Closed Gillette Terry M $374,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $499,500 +0.1% $307 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $499,000 -- $307 / 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 $6,634 $612,310 $306,461 $305,849
2024 $6,514 $600,304 $300,452 $299,852
2023 $6,514 $588,534 $294,561 $293,973
2022 $6,106 $576,995 $288,786 $288,209
2021 $6,009 $565,682 $283,124 $282,558
2020 $5,947 $559,882 $280,221 $279,661
2019 $5,886 $548,905 $274,727 $274,178
2018 $5,770 $538,143 $269,341 $268,802
2017 $5,657 $527,592 $264,060 $263,532
2016 $5,546 $517,248 $258,883 $258,365
2015 $5,462 $509,480 $254,995 $254,485
2014 $1,691 $168,413 $15,909 $152,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1041411

California Regional Multiple Listing Service (CRMLS)

APN: 065-051-030