NOT LISTED FOR SALE

429 Kings Ave Morro Bay, CA 93442

Estimated Value: $1,199,804 - $1,432,000

4 Beds
3.5 Baths
2,689 Sq Ft
$490/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $838,000 $312 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,039/month

17 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Bamboo Flooring
  • Del Mar Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2017

Rare, Recently built, and upgraded home in Morro Heights with Permitted Secondary unit! Fabulous Location where you can enjoy Ocean & Mountain Views, close proximity to the Embarcadero, and just a 5 Iron from Morro Bay Golf Course & State Park. Unique Single Level Living in Main Home (through the over sized 2+ car garage w/ additional Golf cart/toy garage) and Secondary home. The Main home boasts 2 Spacious Master Suites plus a possible 3rd Bedroom, Den, or Office w/ Double Door entry and Murphy Bed. Upgrades include Granite Slab Countertops, Stainless Steel Appliances, & Pantry w/ pullout shelves, Central Vac, Expansive Deck off the Living Room, Gas Fireplace, and Bamboo flooring throughout most of the home. The first level of the home has it's own separate entrance (with no stairs) and is now legally permitted as an official Secondary Unit with over 887+ Square Feet. The Secondary Unit contains a Large Living Room, Bedroom, Kitchen w/ dining area, and full Bathroom. In addition to the 887 S.F., the downstairs unit also contains another large room currently used as a workout room/office and storage room that could be a future laundry room. Check out the attached 3D virtual tour and floor plan. Better hurry at this price!

Last Agent to Sell the Property

Tim Riley

Century 21 Masters License #01280227 Listed on: 06/21/2017

Last Buyer's Agent

Jay Chiasson

Navigators Real Estate License #01836276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,331

Year Built

  • Built in 1998

Lot Details

  • 5,000 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Golf Cart Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,689 Sq Ft Home
  • Central Vacuum
  • High Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Bamboo Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Ramp on the main level
  • Accessible Parking

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066204022

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,331

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066204022
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2689.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Pantry, Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Bamboo
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Parking, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 311.64
  • Room Type: Bonus Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Two Masters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Tile Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Mountain(s), Ocean
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Golf Cart Garage, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Wall Furnace, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Paved
  • Lot Size Sq Ft: 5000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 106.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jul 19, 2017
Sold by
Perry Loriann
Bought by
Declerck Yves and Declerk Dominique
Seller's Agent
Tim Riley
Century 21 Masters
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$838,000
Sold Price
$838,000
Current Estimated Value
$1,317,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,451
Avg. Annual Appreciation
5.78%

Purchase Details

Listed on
Apr 19, 2016
Closed on
May 11, 2016
Sold by
Perry Michael
Bought by
Perry Loriann
Seller's Agent
Steve Weiss
Coast & County Brokers
Buyer's Agent
Tim Riley
Century 21 Hometown Realty
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$500,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2016
Sold by
Owen Elbert Gordon and Owen Deborah Marie
Bought by
Perry Loriann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2012
Sold by
Owen Elbert Gordon and Owen Deborah Marie
Bought by
Owen Elbert Gordon and Owen Deborah Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2009
Sold by
Owen Elbert Gordon and Owen Deborah Marie
Bought by
Owen Elbert Gordon and Owen Deborah Marie

Purchase Details

Closed on
Dec 30, 2002
Sold by
Owen Elbert Gordon and Owen Deborah Marie
Bought by
Owen Elbert Gordon and Owen Deborah Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2000
Sold by
Owen Elbert Gordon and Owen Deborah Marie
Bought by
Owen Elbert Gordon and Owen Deborah Marie

Purchase Details

Closed on
May 20, 1997
Sold by
Unruh David and Unruh Nancy M
Bought by
Owen Elbert Gordon and Owen Deborah Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
8.87%
Mortgage Type
Commercial
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
Declerck Yves $838,000 Fidelity National Title Co
Perry Loriann -- Fidelity National Title Co
Perry Loriann $750,000 Fidelity National Title Co
Owen Elbert Gordon -- Accommodation
Owen Elbert Gordon -- Chicago Title
Owen Elbert Gordon -- None Available
Owen Elbert Gordon -- None Available
Owen Elbert Gordon -- Fidelity Title Company
Owen Elbert Gordon -- Fidelity Title Company
Owen Elbert Gordon -- --
Owen Elbert Gordon $97,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Loriann $500,000
Previous Owner Owen Elbert Gordon $387,000
Previous Owner Owen Elbert Gordon $100,000
Previous Owner Owen Elbert Gordon $315,000
Previous Owner Owen Elbert Gordon $322,000
Previous Owner Owen Elbert Gordon $324,000
Previous Owner Owen Elbert Gordon $319,000
Previous Owner Owen Elbert Gordon $234,500
Previous Owner Owen Deborah M $100,000
Previous Owner Owen Deborah M $68,400
Previous Owner Owen Deborah Marie $50,000
Previous Owner Owen Elbert Gordon $7,500
Previous Owner Owen Elbert Gordon $240,000
Previous Owner Owen Elbert G $19,000
Previous Owner Owen Elbert Gordon $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $838,000 0.0% $312 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $838,000 +11.7% $312 / Sq Ft
06/30/2016 06/30/16 Sold $750,000 -- $444 / 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 $10,331 $953,496 $500,643 $452,853
2024 $10,144 $934,801 $490,827 $443,974
2023 $10,144 $916,472 $481,203 $435,269
2022 $9,508 $898,503 $471,768 $426,735
2021 $9,357 $880,886 $462,518 $418,368
2020 $9,261 $871,855 $457,776 $414,079
2019 $9,165 $854,760 $448,800 $405,960
2018 $8,985 $838,000 $440,000 $398,000
2017 $8,203 $765,000 $433,500 $331,500
2016 $3,339 $318,400 $130,825 $187,575
2015 $3,287 $313,618 $128,860 $184,758
2014 $3,017 $307,475 $126,336 $181,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP17139521

California Regional Multiple Listing Service (CRMLS)

APN: 066-204-022