NOT LISTED FOR SALE

406 Yerba Buena St Morro Bay, CA 93442

Estimated Value: $981,306 - $1,146,000

2 Beds
2 Baths
1,852 Sq Ft
$570/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $475,000 $256 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $6,309/month

75 Days on Market

Highlights

  • Peek-A-Boo Views
  • Great Room
  • Home Office
  • Del Mar Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2013

Walk to wide sandy beach from this well maintained home. Large open kitchen with breakfast bar counter and garden window. New stove and dishwasher. Master bedroom has a balcony with ocean view and walk in closet. Third room could be an office or den. Lot Description: 40x60

Last Agent to Sell the Property

Nadine Lilley

Highway One Real Estate License #01002028 Listed on: 02/18/2013

Last Buyer's Agent

Jeff Elmerick

Horizon Realty & Property Mgt License #01271776

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1990

Lot Details

  • 2,400 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,852 Sq Ft Home
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Vinyl Flooring
  • Peek-A-Boo Views

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065032002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,337

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Subdivision Name Other: North Morro Bay
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065032002
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Living Area: 1852.00
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Living Room
  • Levels: Two
  • Price Per Square Foot: 256.48
  • Room Type: Den, Great Room, Living Room, Master Bedroom, Office
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lot Size Area: 2400.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2013
Closed on
May 9, 2013
Sold by
Owings Leroy and Owings Lois
Bought by
Felts Andrew S and Felts Mia
Seller's Agent
Nadine Lilley
Highway One Real Estate
Buyer's Agent
Jeff Elmerick
Horizon Realty & Property Mgt
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Current Estimated Value
$1,055,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,827
Avg. Annual Appreciation
6.79%
Original Mortgage
$324,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2007
Sold by
Owings Leroy and Owings Lois
Bought by
Owings Leroy and Owings Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,300
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 18, 2007
Sold by
Bennington Louie P
Bought by
Owings Leroy and Owings Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,300
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving
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
Felts Andrew S $475,000 Chicago Title Company
Owings Leroy -- None Available
Owings Leroy $643,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felts Andrew S $338,000
Closed Felts Andrew S $350,000
Closed Felts Andrew S $324,500
Previous Owner Owings Leroy $64,300
Previous Owner Owings Leroy $514,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $475,000 0.0% $256 / Sq Ft
05/18/2013 05/18/13 Off Market $475,000 -- --
05/04/2013 05/04/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $495,000 -- $267 / 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 $6,337 $584,917 $307,852 $277,065
2024 $6,223 $573,449 $301,816 $271,633
2023 $6,223 $562,206 $295,899 $266,307
2022 $5,833 $551,184 $290,098 $261,086
2021 $5,740 $540,377 $284,410 $255,967
2020 $5,681 $534,837 $281,494 $253,343
2019 $5,622 $524,351 $275,975 $248,376
2018 $5,512 $514,070 $270,564 $243,506
2017 $5,404 $503,991 $265,259 $238,732
2016 $5,298 $494,109 $260,058 $234,051
2015 $5,217 $486,688 $256,152 $230,536
2014 $4,791 $477,156 $251,135 $226,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC194131

California Regional Multiple Listing Service (CRMLS)

APN: 065-032-002