NOT LISTED FOR SALE

398 Selby St Morro Bay, CA 93442

Estimated Value: $886,278 - $1,090,000

3 Beds
2 Baths
1,429 Sq Ft
$670/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $804,500 $563 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,914/month

60 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • No HOA
  • Del Mar Elementary School Rated A-
  • Updated Kitchen
  • 2-minute walk to Morro Bay Bike Park

About This Home

As of July 2023

Yes, you read that price right! Seller's loss is your gain as a new job is waiting on the east coast. Do you love lemons, limes and avocados? In addition to the bountifully producing fruit trees, this property provides a generous corner lot on a cul-de-sac with ample parking for cars, a boat or trailer. The recently remodeled kitchen boasts a gorgeous high-end 6 burner Blue Star gas range with convection oven and is open to the living and dining rooms so the chef can be a part of the party. Soapstone countertops and five-piece, shaker-style solid maple cabinets add to the enjoyment of cooking in such a nice kitchen. Enjoy the ambiance of the dining room fireplace or share your meals outside in the sheltered patio area. For the home handyman, there is a built-in air compressor located in the adjacent shed but plumbed through to the terrific workbench in the garage. Lots of storage both in the shed or in the garage attic. Kids will enjoy the play area and the super cool treehouse. And, the bike park is only a couple of blocks away. Everyone will enjoy the close proximity to the Embarcadero or beach access for restaurants, shopping, surfing or just enjoying the sunset over the water. A newer roof with rain gutters and freshly painted exterior makes for an excellent investment. Oh, and there are also a couple of blue java banana trees that should be producing fruit soon!

Last Agent to Sell the Property

Kay Cementina

Compass License #01755079 Listed on: 04/13/2023

Compass

Last Buyer's Agent

Travis Ramsum

Keller Williams Realty Central Coast License #02186378

Keller Williams Realty Central Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,891

Year Built

  • Built in 1971

Lot Details

  • 5,200 Sq Ft Lot
  • Drip System Landscaping
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Up Slope from Street

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Dining Room with Fireplace

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Dishwasher
  • Built-In Trash or Recycling Cabinet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 2 / 12
  • Assessor Parcel Number 068167005

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,891

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: all appliances, compressor, trampoline in side yard, large table in garage, if wanted
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068167005
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1429.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 562.98
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Refrigerator, Vented Exhaust Fan
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Golf, Hiking, Park

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers Drip System, Up Slope from Street
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 106.03
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2013
Closed on
Dec 24, 2013
Sold by
Burnias Margarita and Burnias Ruben C
Bought by
Streder Jordan M and Streder Melissa C
Seller's Agent
Peggy Kessler
Lawrence Realty
Buyer's Agent
Kay Cementina
Compass
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%
Current Estimated Value
$956,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,820
Avg. Annual Appreciation
8.27%
Original Mortgage
$358,388
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 6, 2013
Closed on
Dec 20, 2013
Sold by
Burnias Ruben C and Burnias Ruben
Bought by
Burnias Margarita and Burnias Ruben C
Seller's Agent
Peggy Kessler
Lawrence Realty
Buyer's Agent
Kay Cementina
Compass
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2010
Sold by
Burnias Margarita
Bought by
Burnias Ruben C

Purchase Details

Closed on
Aug 5, 2004
Sold by
Payne James L and Payne Maryanne
Bought by
Burnias Ruben and Burnias Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Streder Jordan M $365,000 Fidelity National Title Co
Burnias Margarita -- Fidelity National Title Co
Burnias Ruben C -- None Available
Burnias Ruben $449,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Streder Jordan M $366,700
Closed Streder Jordan M $50,000
Closed Streder Jordan M $346,040
Closed Streder Jordan M $355,972
Closed Streder Jordan M $358,388
Previous Owner Burnias Ruben C $83,387
Previous Owner Burnias Margarita $424,217
Previous Owner Burnias Ruben $359,200
Closed Burnias Ruben $67,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $804,500 +0.6% $563 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/11/2023 06/11/23 Price Changed $799,900 -5.9% $560 / Sq Ft
06/05/2023 06/05/23 Price Changed $849,900 -2.9% $595 / Sq Ft
05/17/2023 05/17/23 Price Changed $874,900 -2.8% $612 / Sq Ft
04/26/2023 04/26/23 Price Changed $899,900 -5.2% $630 / Sq Ft
04/21/2023 04/21/23 Price Changed $949,000 -3.2% $664 / Sq Ft
04/13/2023 04/13/23 For Sale $979,900 +168.5% $686 / Sq Ft
01/14/2014 01/14/14 Sold $365,000 -8.7% $255 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $399,900 -- $280 / 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 $8,891 $820,590 $459,000 $361,590
2024 $4,760 $804,500 $450,000 $354,500
2023 $4,760 $430,056 $235,647 $194,409
2022 $4,462 $421,625 $231,027 $190,598
2021 $4,391 $413,359 $226,498 $186,861
2020 $4,346 $409,121 $224,176 $184,945
2019 $4,301 $401,100 $219,781 $181,319
2018 $4,216 $393,236 $215,472 $177,764
2017 $4,134 $385,527 $211,248 $174,279
2016 $4,053 $377,968 $207,106 $170,862
2015 $3,991 $372,292 $203,996 $168,296
2014 $3,665 $365,000 $225,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23058895

California Regional Multiple Listing Service (CRMLS)

APN: 068-167-005