NOT LISTED FOR SALE

438 Arcadia Ave Morro Bay, CA 93442

Estimated Value: $1,312,374 - $1,451,000

3 Beds
2 Baths
1,722 Sq Ft
$816/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $1,292,500 $751 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,578/month

8 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Cathedral Ceiling
  • Del Mar Elementary School Rated A-
  • Maid or Guest Quarters
  • Great Room

About This Home

As of May 2022

Scenic Setting for this finely crafted contemporary residence nestled in the favored Morro Heights area. Views of Morro Rock, harbor entrance, Bay, and coast up to Cayucos and beyond highlight the upper level. The lower level features 2 bedrooms, full bath, well-appointed laundry area, and an oversized two-car garage with extra high ceilings. A storage area under the stairway is a handy bonus. An impressive upper great room offers dynamic coastal views through windows including a perfectly positioned mitered glass unit. There’s a stately fireplace with tile trim and spacious mantle accented by volume ceilings. The open concept kitchen features natural light, eat at counter and pantry. Generous cabinet space and quality appliances add appeal. A powder room is nearby. The master suite is spacious and offers more coastal views. Master bath has separate shower and large soaking tub. At the rear of the parcel, a detached vintage studio, which is separately metered, offers a variety of options including efficiency rental, remote workspace, storage area, hobby shop or music room. This prime location is just 800 ft from the Morro Bay Golf Course and State Park trails that wind through the trees to overlook Morro Bay and surrounding hills. Seeking fine location, quality design and versatile options? Call your REALTOR® today!

Last Agent to Sell the Property

Gail Riley

Dale Kaiser Real Estate Brokerage Phone: 805-776-3072 License #01118809 Listed on: 05/02/2022

Co-Listed By

Dale Kaiser

Dale Kaiser Real Estate Brokerage Phone: 805-776-3072 License #01297036

Last Buyer's Agent

Hal Sweasey

Equity Union License #01111911

Equity Union

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 5,000 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Harbor
  • Panoramic
  • Hills
  • Neighborhood

Interior Spaces

  • 1,722 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Storage
  • Carpet

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 066203003

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066203003
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1722.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 750.58
  • Room Type: Great Room, Guest/Maid's Quarters, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Separate Tub And Shower, Soaking Tub
  • Room Kitchen Features: Tile Counters, Walk-In Pantry

Exterior Features

  • View: Bay, Coastline, Harbor, Hills, Neighborhood, Ocean, Panoramic, White Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Golf, Hiking, Park, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back 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: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
May 12, 2022
Sold by
Robert L Hyde Revocable Living Trust
Bought by
Koppl Lawrence H and Koppl Catherine A
Seller's Agent
Gail Riley
Dale Kaiser Real Estate
Buyer's Agent
Hal Sweasey
Equity Union
List Price
$1,395,000
Sold Price
$1,292,500
Premium/Discount to List
-$102,500
-7.35%
Current Estimated Value
$1,405,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,594
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Aug 30, 2021
Sold by
Lee Hyde Robert
Bought by
Robert L Hyde Revocable Living Trust

Purchase Details

Closed on
Jun 4, 2009
Sold by
Hyde Robert L
Bought by
Hyde Robert L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koppl Lawrence H $1,292,500 Placer Title
Robert L Hyde Revocable Living Trust -- --
Hyde Robert L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $1,292,500 -7.3% $751 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $1,395,000 -- $810 / 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 $14,861 $1,371,610 $902,026 $469,584
2024 $14,593 $1,344,717 $884,340 $460,377
2023 $14,593 $1,318,350 $867,000 $451,350
2022 $3,514 $332,024 $23,303 $308,721
2021 $3,383 $325,515 $22,847 $302,668
2020 $3,348 $322,178 $22,613 $299,565
2019 $3,312 $315,862 $22,170 $293,692
2018 $3,245 $309,670 $21,736 $287,934
2017 $3,180 $303,599 $21,310 $282,289
2016 $3,116 $297,647 $20,893 $276,754
2015 $3,068 $293,177 $20,580 $272,597
2014 $2,816 $287,435 $20,177 $267,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22086340

California Regional Multiple Listing Service (CRMLS)

APN: 066-203-003