NOT LISTED FOR SALE

401 Las Vegas St Morro Bay, CA 93442

Estimated Value: $918,169 - $1,067,000

3 Beds
2 Baths
1,356 Sq Ft
$726/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $625,000 $461 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,969/month

3 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Del Mar Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of July 2020

Stunning OCEAN VIEW Home in Sought After Neighborhood in Morro Bay! A MUST- See Property! Immaculate Inside and Out. Single-Level, 3 Bedrooms, 2 Bathroom, 1300 Sq.Ft., 2-Car Garage. Morro Rock and Smokestack Views from Front Yard and Living Room! Freshly Painted Interior, Gorgeous Original Hardwood Flooring, New Roof and Clear Section One Termite. Exceptional Opportunity with this Home~ Substantial Sized Master Bedroom has been used as a Studio with its Own Entrance, Kitchenette, Full Bathroom and Walk-In Closet. Currently Separated from Main Home, but can Easily be Converted Back by Adding a Door in the Hallway. Must See to Appreciate this Inimitable Opportunity to have a Home to Live in PLUS the Potential Rental Income or Studio Vacation Rental. Considerably LARGE Yard for Morro Bay! Perfect for Summer BBQ’s, Entertaining and Everything that the Morro Bay Lifestyle Embraces. Welcome to Your New Address- 401 Las Vegas St, Morro Bay. Call Your Favorite Realtor to See Today!

Last Agent to Sell the Property

Mindy Chubon

RE/MAX Success License #02002045 Listed on: 05/28/2020

RE/MAX Success

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,253

Year Built

  • Built in 1966

Lot Details

  • 5,000 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,356 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Termite Clearance

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Converted Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 22 / 2
  • Tax Tract Number 1
  • Assessor Parcel Number 068332022

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,253

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Condition: Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068332022
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1356.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 460.91
  • Room Type: All Bedrooms Down, Converted Bedroom, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 105.03
  • Tax Lot: 22
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 9, 2020
Sold by
Collins Charles Leon and Collins Living Trust
Bought by
Ferrer Camilo and Ferrer Melissa
Seller's Agent
Mindy Chubon
RE/MAX Success
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$984,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,542
Avg. Annual Appreciation
8.84%
Original Mortgage
$510,400
Outstanding Balance
$457,395
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$509,606
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
Ferrer Camilo $625,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrer Camilo $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $625,000 -3.7% $461 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $649,000 -- $479 / 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 $7,253 $676,518 $416,736 $259,782
2024 $7,120 $663,254 $408,565 $254,689
2023 $7,120 $650,250 $400,554 $249,696
2022 $6,672 $637,500 $392,700 $244,800
2021 $6,565 $625,000 $385,000 $240,000
2020 $1,783 $167,819 $52,079 $115,740
2019 $1,764 $164,529 $51,058 $113,471
2018 $1,730 $161,304 $50,057 $111,247
2017 $1,696 $158,142 $49,076 $109,066
2016 $1,662 $155,042 $48,114 $106,928
2015 $1,637 $152,714 $47,392 $105,322
2014 $1,503 $149,723 $46,464 $103,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20101509

California Regional Multiple Listing Service (CRMLS)

APN: 068-332-022