NOT LISTED FOR SALE

391 Sequoia St Unit 4 Morro Bay, CA 93442

Estimated Value: $570,020 - $664,000

2 Beds
1.5 Baths
1,024 Sq Ft
$225/mo HOA Fee

Last Sold August 08, 2017

Last sale price $389,000 $380 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,926/month

29 Days on Market

Highlights

  • View of Hills
  • Deck
  • Modern Architecture
  • Del Mar Elementary School Rated A-
  • Property is near a park
  • Balcony

About This Home

As of August 2017

Priced to sell! Well maintained two bedroom, two bathroom condo with a fantastic location. Next to Del Mar Elementary school, Del Mar Park, short distance to a handful of restaurants, and close proximity to the beach. Get cozy by the fireplace on those cool Morro Bay days. Bright kitchen complete with gas range, dishwasher, and laminate floors. Don’t worry about hauling laundry up and down the stairs, this unit has two washer and dryer hook-ups, one in the upstairs hall, and another in the spacious two car garage. No shortage of storage and there is plenty of space for your surfboards, boogie boards, and SUP’s. A quiet complex, complete with eight guest parking spaces. Enjoy your own private fenced back patio with succulent garden and a balcony off the second bedroom that is the perfect space to take in that vibrant sunset light. Beautiful views of the hillside from the larger upstairs bedroom, spacious enough for a king size bed, and equipped with a over-sized closet, as well as a built-in desk nook. This is a great opportunity to own in the beautiful coastal community of Morro Bay!

Last Agent to Sell the Property

Frankie Ciano

Ciano Real Estate, Inc. License #01412309 Listed on: 06/08/2017

Last Buyer's Agent

Monica Chudgar

Lotus Real Estate Services License #01502272

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,718

Year Built

  • Built in 1982

Lot Details

  • Two or More Common Walls
  • Wood Fence
  • Landscaped
  • Density is up to 1 Unit/Acre

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Shared Driveway
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Modern Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,024 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Views of Hills

Kitchen

  • Gas Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Formica Counters In Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Concrete Porch or Patio
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 065148015

Community Details

Overview

  • Master Insurance
  • Sequoia Bayview Homeowners Association, Phone Number (805) 215-9544

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,718

Year Built

Built in 1982

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: (805) 748-1026
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: R3
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 065148015
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1024.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Formica Counters, Pantry
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 379.88
  • Room Type: All Bedrooms Up, Laundry
  • Window Features: Blinds, Screens
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Formica Counters, Linen Closet/Storage
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Deck, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Unassigned, Shared Driveway, Garage Faces Front, Garage - Two Door, Garage Door Opener, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Pets Permitted
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Sequoia Bayview Homeowners
  • Phone: (805) 215-9544
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Park Nearby
  • Lot Size Sq Ft: 1024.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 12, 2017
Sold by
Reece Cecil Alan
Bought by
White Lloyd A and White Joanne C
Seller's Agent
Frankie Ciano
Ciano Real Estate, Inc.
Buyer's Agent
Monica Chudgar
Lotus Real Estate Services
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$624,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,005
Avg. Annual Appreciation
5.96%
Original Mortgage
$289,000
Outstanding Balance
$240,176
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$383,829

Purchase Details

Closed on
Apr 20, 2010
Sold by
Reece Cecil A
Bought by
Reece Cecil Alan and Cecil Alan Reece 2004 Living Trust

Purchase Details

Closed on
Dec 6, 2004
Sold by
Reece Cecil
Bought by
Reece Cecil Alan and Cecil Alan Reece 2004 Living Trust

Purchase Details

Closed on
Apr 1, 2004
Sold by
Blackwell Norman G and Blackwell Marlene A
Bought by
Reece Cecil and Dowell Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 19, 2002
Sold by
Blackwell Norman G and Blackwell Marlene A
Bought by
Blackwell Norman G and Blackwell Marlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.16%

Purchase Details

Closed on
Nov 3, 1997
Sold by
Rasmussen Gloria J
Bought by
Blackwell Norman and Blackwell Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4%

Purchase Details

Closed on
Apr 13, 1994
Sold by
Home Svgs Of America
Bought by
Rasmussen Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
8.1%
Source: Public Records

Range of Values:

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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
White Lloyd A $389,000 First American Title Company
Reece Cecil Alan -- None Available
Reece Cecil A $121,436 None Available
Reece Cecil Alan -- --
Reece Cecil $368,000 Chicago Title Company
Blackwell Norman G -- First American Title Company
Blackwell Norman $115,000 First American Title
Rasmussen Gloria J $115,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Lloyd A $289,000
Previous Owner Reece Cecil $234,000
Previous Owner Blackwell Norman G $17,000
Previous Owner Blackwell Norman $86,250
Previous Owner Rasmussen Gloria J $80,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2017 08/08/17 Sold $389,000 0.0% $380 / Sq Ft
07/08/2017 07/08/17 For Sale $389,000 0.0% $380 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $389,000 -- $380 / 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 $4,718 $442,611 $250,321 $192,290
2024 $4,631 $433,933 $245,413 $188,520
2023 $4,631 $425,425 $240,601 $184,824
2022 $4,340 $417,084 $235,884 $181,200
2021 $4,269 $408,907 $231,259 $177,648
2020 $4,225 $404,715 $228,888 $175,827
2019 $4,179 $396,780 $224,400 $172,380
2018 $4,096 $389,000 $220,000 $169,000
2017 $4,515 $421,033 $252,719 $168,314
2016 $4,426 $412,778 $247,764 $165,014
2015 $3,966 $370,000 $200,000 $170,000
2014 $2,761 $275,000 $165,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC17129082

California Regional Multiple Listing Service (CRMLS)

APN: 065-148-015