NOT LISTED FOR SALE

391 Sequoia St Unit 15 Morro Bay, CA 93442

Estimated Value: $595,860 - $750,000

2 Beds
1.5 Baths
1,050 Sq Ft
$295/mo HOA Fee

Last Sold May 20, 2022

Last sale price $590,000 $562 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,279/month

6 Days on Market

Highlights

  • Peek-A-Boo Views
  • Contemporary Architecture
  • Private Yard
  • Del Mar Elementary School Rated A-
  • Property is near park
  • Balcony

About This Home

As of May 2022

PHOTOS ON THE WAY!!!
Everything you could ask for in an Oceanview Condo! Serenity, great proximity to Morro Strand's white sands, an easy stroll to Del Mar Park and it's Dog Park, Pickle Ball and Tennis courts plus fabulous kids recreation area! Super well insulated such that you never hear your neighbors! Brand new carpet, paint and many fixtures. A very functional use of square footage with all living area and kitchen downstairs and both bedrooms and the full bath up. Both floors feature outdoor access via soon-to-be-installed brand new sliders. The Master bedroom is spacious and views the surrounding hills. Bedroom #2 has a nice over-the-rooftops view of Morro Rock. The downstairs patio is large enough for a small garden, patio furnishings, a spa and of course, your BBQ! Very reasonable HOA dues ($295) which include a special assessment of $75 per month for balcony replacement which will automatically roll off in 2031.

Last Agent to Sell the Property

Greg Astle

Greg Astle, Broker License #00687207 Listed on: 04/15/2022

Last Buyer's Agent

Monica Chudgar

Lotus Real Estate Services License #01502272

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • Two or More Common Walls
  • Wood Fence
  • Fence is in good condition
  • Private Yard
  • Density is 2-5 Units/Acre

HOA Fees

Parking

  • 1 Car Attached Garage
  • Single Garage Door
  • On-Street Parking

Property Views

  • Peek-A-Boo
  • Views of a landmark

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Combination Dining and Living Room
  • Pest Guard System

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Formica Counters In Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Slab Porch or Patio

Location

  • Property is near park

Schools

  • Moreno Valley High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot B
  • Tax Tract Number 890
  • Assessor Parcel Number 065148026

Community Details

Overview

  • 18 Units
  • Sequoia Bayview Association, Phone Number (805) 215-9544
  • Pedersent Property Management HOA
  • North Morro Bay Subdivision

Recreation

  • Dog Park
  • Water Sports
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$295 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All built-ins
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Morro Bay (820)
  • View: Yes
  • Zoning: R2
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 065148026
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1050.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, In Living Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 561.90
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s), Formica Counters
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Landmark, Peek-A-Boo
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Roof: Composition, Flat, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking Features: Garage, Garage - Single Door, Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Vented Exhaust Fan, Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pest Control, Trash, Call for Rules
  • Association Fee: 220.00
  • Association #2 Fee: 75.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Sequoia Bayview
  • Phone: 805-215-9544
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Dog Park, Watersports, Sidewalks
  • Association Management: Pedersent Property Management

Schools

  • High School: Moreno Valley
  • High School2: MORVAL

Lot Info

  • Elevation: 10 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Park Nearby, Yard
  • Lot Size Sq Ft: 1050.00
  • Lot Size Acres: 0.0241

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1050.0000 Square Feet
  • Number Of Units In Community: 18
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.05
  • Tax Lot: B
  • Tax Tract Number: 890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 2, 2022
Sold by
Phillip W Young And Yvonne Young Trust
Bought by
Lyn Family Trust
Seller's Agent
Greg Astle
Greg Astle, Broker
Buyer's Agent
Monica Chudgar
Lotus Real Estate Services
List Price
$539,900
Sold Price
$590,000
Premium/Discount to List
$50,100
9.28%
Current Estimated Value
$654,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,465
Avg. Annual Appreciation
2.90%
Original Mortgage
$442,500
Outstanding Balance
$419,796
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$234,669

Purchase Details

Closed on
Jun 1, 2021
Sold by
Yvonne Young
Bought by
Gong Vivian and Nance Catherine Young
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lyn Family Trust $590,000 Chicago Title
Gong Vivian -- --
Gong Vivian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyn Family Trust $442,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $590,000 +9.3% $562 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $539,900 -- $514 / 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 $6,784 $626,112 $360,810 $265,302
2024 $6,661 $613,836 $353,736 $260,100
2023 $6,661 $601,800 $346,800 $255,000
2022 $4,857 $459,000 $229,500 $229,500
2021 $1,537 $144,656 $76,539 $68,117
2020 $1,521 $143,174 $75,755 $67,419
2019 $1,505 $140,368 $74,270 $66,098
2018 $1,476 $137,616 $72,814 $64,802
2017 $1,447 $134,919 $71,387 $63,532
2016 $1,418 $132,275 $69,988 $62,287
2015 $1,397 $130,289 $68,937 $61,352
2014 $1,282 $127,738 $67,587 $60,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22076690

California Regional Multiple Listing Service (CRMLS)

APN: 065-148-026