437 Morro Cove Rd Morro Bay, CA 93442
3
Beds
2.5
Baths
2,875
Sq Ft
4,044
Sq Ft Lot
Highlights
- Above Ground Spa
- Bay View
- Hydromassage or Jetted Bathtub
- Del Mar Elementary School Rated A-
- Primary Bedroom Suite
- Great Room
About This Home
As of June 2025Immaculate 3-bedroom, 2.5-bath home spanning 2,875 sq. ft., with breathtaking views of Morro Bay. Nestled in the highly desirable Morro Cove community, this home offers an unparalleled lifestyle just moments from the Embarcadero, where you can enjoy fine dining, unique shopping, and stunning sunsets. Experience the best of Morro Bay with access to the back bay for kayaking, miles of scenic hiking and biking trails, a nearby golf course, the vibrant Farmers Market, and countless other attractions. The main level features an elegant living room with built-in cabinetry, a cozy parlor with a dual-sided fireplace shared with the great room, and a seamless transition into the well-appointed kitchen. A convenient half bath and laundry room are also located on this level, with the laundry room positioned near the entrance to the spacious 2-car garage. Upstairs, the luxurious primary suite includes a sitting area, a private deck with stunning views, and a spa-like bath with a jetted tub and separate shower enclosure. Two additional guest bedrooms, one showcasing beautiful bay views, share access to a full bath. Outdoor living is equally impressive, with a beautifully landscaped, low-maintenance front yard and a private patio in the back, complete with privacy fencing, a gas hookup for outdoor BBQs, and a relaxing spa. This home is a rare gem, offering the perfect blend of comfort, convenience, and coastal charm.
Last Agent to Sell the Property
Keller Williams Realty Central Coast Brokerage Phone: 805-781-3750 License #01111911 Listed on: 01/18/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,206
Year Built
- Built in 2004
Lot Details
- 4,044 Sq Ft Lot
- Back and Front Yard
HOA Fees
- $116 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
Property Views
- Bay
- Harbor
- Woods
- Peek-A-Boo
- Neighborhood
Home Design
- Turnkey
Interior Spaces
- 2,875 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Entryway
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room
- Laundry Room
Kitchen
- Open to Family Room
- Double Oven
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Jack-and-Jill Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Above Ground Spa
- Balcony
- Patio
- Rain Gutters
- Front Porch
Utilities
- Forced Air Heating System
- Tankless Water Heater
Community Details
- Morro Cove Association, Phone Number (805) 239-7889
- Management Trust HOA
- Morro Cove Subdivision
- Maintained Community
Listing and Financial Details
- Assessor Parcel Number 066174017
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2025
Closed on
May 14, 2025
Sold by
Swanson Family Trust and Swanson Kevin Charles
Bought by
Thomas Allen Cregger And Deborah Minarick Cre and Cregger
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Annemarie Brast
Richardson Sotheby's International Realty
List Price
$1,649,900
Sold Price
$1,476,000
Premium/Discount to List
-$173,900
-10.54%
Views
157
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$125,000
Outstanding Balance
$124,787
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,394,276
Purchase Details
Closed on
Oct 9, 2019
Sold by
Swanson Kevin C and Swanson Toni N
Bought by
Swanson Kevin Charles and Swanson Toni Nicole
Purchase Details
Closed on
May 17, 2009
Sold by
Wright Jerry A and Wright Mary Beth
Bought by
Swanson Kevin C and Swanson Toni N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,233
Interest Rate
4.82%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 20, 2004
Sold by
Morro Cove Lp
Bought by
Wright Jerry A and Wright Marybeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Morro Bay, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,476,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $737,000 | Fidelity National Title Co | |
| Grant Deed | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,000 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $550,991 | VA | |
| Previous Owner | $151,600 | Credit Line Revolving | |
| Previous Owner | $674,190 | VA | |
| Previous Owner | $682,233 | FHA | |
| Previous Owner | $210,000 | Unknown | |
| Previous Owner | $509,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $1,476,000 | -4.7% | $513 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $1,549,000 | -3.1% | $539 / Sq Ft |
| 02/13/2025 02/13/25 | Price Changed | $1,599,000 | -3.1% | $556 / Sq Ft |
| 01/29/2025 01/29/25 | For Sale | $1,649,900 | -- | $574 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,206 | $949,069 | $418,515 | $530,554 |
| 2024 | $10,020 | $930,460 | $410,309 | $520,151 |
| 2023 | $10,020 | $912,216 | $402,264 | $509,952 |
| 2022 | $9,390 | $894,330 | $394,377 | $499,953 |
| 2021 | $9,239 | $876,795 | $386,645 | $490,150 |
| 2020 | $9,218 | $867,806 | $382,681 | $485,125 |
| 2019 | $9,123 | $850,791 | $375,178 | $475,613 |
| 2018 | $8,944 | $834,110 | $367,822 | $466,288 |
| 2017 | $8,768 | $817,756 | $360,610 | $457,146 |
| 2016 | $8,596 | $801,723 | $353,540 | $448,183 |
| 2015 | $8,465 | $789,681 | $348,230 | $441,451 |
| 2014 | $7,773 | $774,213 | $341,409 | $432,804 |
Source: Public Records
Agents Affiliated with this Home
-
Hal Sweasey
Seller's Agent in 2025
Hal Sweasey
Keller Williams Realty Central Coast
(805) 781-3750
28 in this area
562 Total Sales
-
Annemarie Brast
A
Buyer's Agent in 2025
Annemarie Brast
Richardson Sotheby's International Realty
(805) 835-5225
1 in this area
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25010760
APN: 066-174-017
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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