NOT LISTED FOR SALE

427 Kern Ave Morro Bay, CA 93442

Estimated Value: $1,656,425 - $1,972,000

4 Beds
3 Baths
2,278 Sq Ft
$782/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $970,000 $426 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,727/month

93 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Del Mar Elementary School Rated A-
  • Cathedral Ceiling
  • L-Shaped Dining Room

About This Home

As of October 2015

Fabulous just completed new home in Morro Heights with ocean and Morro Rock view. Wonderful location and beautifully appointed interior that is ready for all your personal touches. Ready to move in.. Living room, dining room kitchen great room style on street level entry. With 4 bedroom 3 full bath. Inside laundry room. Open lifestyle for easy entertaining. Outside exterior deck with stairs down to yard. Provenza White Oak engineered flooring. Hardi concrete siding and trim. Plumbed for future A/C. Pre wired for security system. 3 stop elevator. Pavers in driveway. One of owners holds a California RE license.

Last Agent to Sell the Property

Lorraine Sterkel

Horizon Realty & Property Mgt License #00648760 Listed on: 06/09/2015

Last Buyer's Agent

Joe Clark

Joe Clark Real Estate License #00449437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,441

Year Built

  • Built in 2015

Lot Details

  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Lot Sloped Down
  • Sprinkler System
  • Property is zoned R,SFR

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Rock

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,278 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066235019

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,441

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Security: Fire Sprinkler System
  • Subdivision Name Other: Morro Heights(810)
  • View: Yes
  • Zoning: R,SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066235019
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2278.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Pantry, Wet Bar
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 425.81
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Ocean, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Gas Cooking, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped Down, Paved, Sprinkler System

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Oct 7, 2015
Sold by
Ramsay Randolph P and Gladwill Lizbeth A
Bought by
The Rusty & Charlotte Risi Family Trust
Seller's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
Buyer's Agent
Joe Clark
Joe Clark Real Estate
List Price
$1,149,000
Sold Price
$970,000
Premium/Discount to List
-$179,000
-15.58%
Current Estimated Value
$1,781,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$811,856
Avg. Annual Appreciation
6.37%
Original Mortgage
$670,000
Outstanding Balance
$528,059
Interest Rate
3.85%
Mortgage Type
Commercial
Estimated Equity
$1,253,797

Purchase Details

Closed on
Jul 1, 2014
Sold by
Ramsay Randolph P and Gladwill Lizbeth An
Bought by
Chivens Daniel and Chivens Krystalyn
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
The Rusty & Charlotte Risi Family Trust $970,000 Placer Title Company
Chivens Daniel $263,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Rusty & Charlotte Risi Family Trust $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $970,000 -2.5% $426 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/25/2015 08/25/15 Price Changed $995,000 -5.1% $437 / Sq Ft
07/17/2015 07/17/15 Price Changed $1,049,000 -8.7% $460 / Sq Ft
06/09/2015 06/09/15 For Sale $1,149,000 -- $504 / 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 $12,441 $1,148,276 $473,516 $674,760
2024 $12,217 $1,125,762 $464,232 $661,530
2023 $12,217 $1,103,689 $455,130 $648,559
2022 $11,451 $1,082,049 $446,206 $635,843
2021 $11,269 $1,060,833 $437,457 $623,376
2020 $11,153 $1,049,957 $432,972 $616,985
2019 $11,037 $1,029,371 $424,483 $604,888
2018 $10,821 $1,009,188 $416,160 $593,028
2017 $10,609 $989,400 $408,000 $581,400
2016 $10,401 $970,000 $400,000 $570,000
2015 $3,053 $284,797 $232,297 $52,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1056081

California Regional Multiple Listing Service (CRMLS)

APN: 066-235-019