NOT LISTED FOR SALE

400 Avalon St Morro Bay, CA 93442

Estimated Value: $841,000 - $920,000

4 Beds
2 Baths
1,408 Sq Ft
$626/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $910,000 $646 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,421/month

9 Days on Market

Highlights

  • Two Primary Bedrooms
  • View of Hills
  • Cooling System Powered By Gas
  • Del Mar Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of September 2023

Do not miss this opportunity to own a charming duplex near the beach. This duplex offers two bedrooms and one bathroom on each level, with plenty of natural light and ocean breezes. You can enjoy the views of the hills from the upstairs unit, which features beautiful hardwood flooring. The downstairs unit has recently been renovated with new cabinets, countertops, appliances, paint, and flooring. Both units have new windows and exterior paint, giving them a fresh and modern look. The duplex also features onsite laundry, onsite storage, and a spacious backyard. This duplex is a rare find in Morro Bay, offering both charm and convenience in a desirable location. You can walk to the beach, the harbor, the shops, and restaurants in minutes. You can also use one unit as your primary residence and rent out the other one for extra income. Don’t let this opportunity pass you by. Call today to schedule a viewing!

Last Agent to Sell the Property

Daniel Sotelo

Big Block Realty, Inc. License #01977089 Listed on: 08/06/2023

Big Block Realty, Inc.

Last Buyer's Agent

Alyssa Ramazzotti

Attune Real Estate License #02132649

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 2,800 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,408 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Views of Hills

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Urban Location
  • Suburban Location

Utilities

  • Cooling System Powered By Gas

Listing and Financial Details

  • Legal Lot and Block 24 / 9
  • Assessor Parcel Number 068264032
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Morro Bay Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

2,800 Sq Ft Lot

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: North Morro Bay (820)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 068264032
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1408.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 646.31
  • Room Type: Laundry, Living Room, Two Masters

Exterior Features

  • View: Hills
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2800.00
  • Lot Size Acres: 0.0643

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2800.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 105.05
  • Tax Lot: 24
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Farrell Tom and Farrell Katherine
Bought by
402 Avalon Llc
Current Estimated Value
$880,854

Purchase Details

Listed on
Aug 6, 2023
Closed on
Aug 29, 2023
Sold by
Sotelo Daniel A
Bought by
Farrell Tom and Farrell Katherine
Seller's Agent
Daniel Sotelo
Big Block Realty, Inc.
Buyer's Agent
Alyssa Ramazzotti
Attune Real Estate
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Views
142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.28%

Purchase Details

Listed on
Jan 27, 2012
Closed on
Feb 27, 2012
Sold by
First California Bank
Bought by
Sotelo Daniel A
Seller's Agent
Rodessa Newton
Triad Real Estate Group
Buyer's Agent
Kerry Sansone
Compass
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$297,192
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2011
Sold by
Burnes Mark E and Burnes Tamara L
Bought by
First California Bank

Purchase Details

Closed on
Aug 17, 2005
Sold by
Hedstrom Edward Alfred and Hedstrom Judith Ann
Bought by
Burnes Mark E and Burnes Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2001
Sold by
Crookshanks Ivan V and Crookshanks Mary
Bought by
Hedstrom Edward Alfred and Hedstrom Judith Ann

Purchase Details

Closed on
Nov 10, 2000
Sold by
Crookshanks Verne I and Crookshanks Mary Jo
Bought by
Crookshanks Verne I and Crookshanks Mary Jo

Purchase Details

Closed on
Dec 1, 1999
Sold by
Morris Patricia Marie and Morris Patricia M
Bought by
Hedstrom Edware Alfred and Hedstrom Judith Ann

Purchase Details

Closed on
Mar 1, 1996
Sold by
Hedstrom Edward A and Hedstrom Judith A
Bought by
Hedstrom Edward Alfred and Hedstrom Judith Ann

Purchase Details

Closed on
Aug 22, 1995
Sold by
Hedstrom Stephen S and Hedstrom Mariann
Bought by
Hedstrom Stephen S and Hedstrom Mariann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
402 Avalon Llc -- None Listed On Document
Farrell Tom $910,000 First American Title
Sotelo Daniel A $310,000 Fidelity National Title Co
First California Bank $310,000 None Available
Burnes Mark E $851,500 Fidelity Title Company
Hedstrom Edward Alfred $61,000 Chicago Title Co
Crookshanks Verne I -- --
Hedstrom Edware Alfred $17,500 Chicago Title Co
Hedstrom Edward Alfred -- --
Hedstrom Edward A -- --
Hedstrom Stephen S -- --
Hedstrom Stephen S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sotelo Daniel A $297,192
Previous Owner Burnes Mark E $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $910,000 +1.2% $646 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $899,000 +190.0% $638 / Sq Ft
03/20/2012 03/20/12 Sold $310,000 -- $220 / Sq Ft View Prior Sale
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,057 $928,200 $561,000 $367,200
2024 $4,065 $910,000 $550,000 $360,000
2023 $4,065 $374,248 $211,269 $162,979
2022 $3,809 $366,911 $207,127 $159,784
2021 $3,747 $359,717 $203,066 $156,651
2020 $3,708 $356,029 $200,984 $155,045
2019 $3,668 $349,049 $197,044 $152,005
2018 $3,594 $342,206 $193,181 $149,025
2017 $3,522 $335,497 $189,394 $146,103
2016 $3,452 $328,920 $185,681 $143,239
2015 $3,398 $323,980 $182,892 $141,088
2014 $3,119 $317,635 $179,310 $138,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23145689

California Regional Multiple Listing Service (CRMLS)

APN: 068-264-032

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