NOT LISTED FOR SALE

453 Morro Cove Rd Morro Bay, CA 93442

Estimated Value: $1,684,000 - $1,962,000

3 Beds
2.5 Baths
2,875 Sq Ft
$639/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $1,075,000 $374 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,547/month

7 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • 2 Car Attached Garage
  • Del Mar Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Walk-In Closet

About This Home

As of December 2019

Your enduring patience has paid off and at last your time has come to own a rare new find in Morro Bay! This 3 bedroom, 2.5 bath home is located a skip and a jump from the stairs at Tidelands Park, Morro Bay and the Embarcadero. Conveniently located minutes to Farmer’s Market, Downtown, and the Golf Course, each family member will delight in the surroundings. This well cared for beauty combines 2875 square feet of premium craftsmanship living, personalized with designer’s touches throughout. The granite kitchen countertops and GE Profile Appliances will satisfy even the most finicky chefs as the island has enough room to host appetizers, main courses, and deserts alike all in one for everyone to enjoy! Lavish and enjoy the gorgeous hardwood floors, brightly dolled up with plenty of windows in every room that light the way to your sun-shiny future of Morro Bay living. The well planned open floor plan has a master bedroom that’ll delight the most demanding consumer featuring a fireplace, sitting area, balcony, expansive master bath and a huge closet offering a window for natural light and a high end closet organizer. Downstairs office with built-ins can serve as a formal living area, or 4th bedroom. The attached 2 car garage features an epoxy floor and deluxe cabinetry. Ready, Set, Go and call your Realtor today and set you appointment to view your dream home.

Last Agent to Sell the Property

Sherri Masters

Home Masters Realty License #00892493 Listed on: 10/23/2019

Co-Listed By

Paul Masters

Home Masters Realty License #01194435

Last Buyer's Agent

Paul Masters

Home Masters Realty License #01194435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,036

Year Built

  • Built in 2004

Lot Details

  • 4,044 Sq Ft Lot
  • Level Lot
  • Property is zoned R2

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Peek-A-Boo
  • Rock

Interior Spaces

  • 2,875 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 2285
  • Assessor Parcel Number 066174020

Community Details

Overview

  • Morro Cove Association

Recreation

  • Park

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,036

Year Built

Built in 2004

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 8053051928
  • Other Phone Ext: 051928
  • Other Phone Number: 8053051928
  • Property Attached: No
  • Subdivision Name Other: Morro Cove(780)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066174020
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2875.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 373.91
  • Room Type: All Bedrooms Up, Jack & Jill, Master Bathroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Bay, Peek-A-Boo, Rocks
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 675.00
  • Association Fee Frequency: Annually
  • Association Name: Morro Cove
  • Phone: 00000000
  • Senior Community: No
  • Community Features: Park
  • Association Management: Morro Cove

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 4044.00
  • Lot Size Acres: 0.0928

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4044.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 106.02
  • Tax Lot: 18
  • Tax Tract Number: 2285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2022
Sold by
Singh Haravider and Singh Natalia
Bought by
Bassan Ramesh and Bassan Semi
Current Estimated Value
$1,836,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,241,379
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$595,338

Purchase Details

Listed on
Oct 23, 2019
Closed on
Nov 13, 2019
Sold by
George Barbara H
Bought by
Singh Haravider and Donici Natalia
Seller's Agent
Sherri Masters
Home Masters Realty
Buyer's Agent
Paul Masters
Home Masters Realty
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%

Purchase Details

Listed on
Sep 14, 2015
Closed on
Oct 7, 2015
Sold by
Foster Stephen P
Bought by
George Barbara H
Seller's Agent
Sue Macedo
Andrews Real Estate Group Inc
Buyer's Agent
Bob Bennett
Horizon Realty & Property Mgt
List Price
$975,000
Sold Price
$892,500
Premium/Discount to List
-$82,500
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$209,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2008
Sold by
Foster Stephen P
Bought by
Foster Stephen P

Purchase Details

Closed on
Sep 4, 2008
Sold by
Foster Stephen P and Foster Kathleen A
Bought by
Foster Stephen P

Purchase Details

Closed on
Dec 16, 2004
Sold by
Foster Stephen P and Foster Kathleen A
Bought by
Foster Stephen P and Foster Kathleen A

Purchase Details

Closed on
Feb 19, 2004
Sold by
Morro Cove Lp
Bought by
Foster Stephen P and Foster Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Bassan Ramesh $1,600,000 Orange Coast Title
Singh Haravider $1,075,000 First American Title Company
George Barbara H $892,500 Fidelity National Title Co
Foster Stephen P -- None Available
Foster Stephen P -- None Available
Foster Stephen P -- --
Foster Stephen P -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassan Ramesh $1,280,000
Previous Owner Singh Haravider $800,000
Previous Owner George Barbara H $209,000
Previous Owner Foster Stephen P $4,357,000
Previous Owner Foster Stephen P $150,000
Previous Owner Foster Stephen P $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $1,075,000 0.0% $374 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $1,075,000 +20.4% $374 / Sq Ft
11/04/2015 11/04/15 Sold $892,500 -4.5% $310 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
09/24/2015 09/24/15 Price Changed $935,000 -4.1% $325 / Sq Ft
09/14/2015 09/14/15 For Sale $975,000 -- $339 / 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 $18,036 $1,664,640 $936,360 $728,280
2024 $17,710 $1,632,000 $918,000 $714,000
2023 $17,710 $1,600,000 $900,000 $700,000
2022 $11,724 $1,107,858 $566,811 $541,047
2021 $11,537 $1,086,137 $555,698 $530,439
2020 $11,419 $1,075,000 $550,000 $525,000
2019 $10,081 $947,127 $371,422 $575,705
2018 $9,881 $928,557 $364,140 $564,417
2017 $9,686 $910,350 $357,000 $553,350
2016 $9,495 $892,500 $350,000 $542,500
2015 $9,423 $879,000 $325,000 $554,000
2014 $8,594 $856,000 $315,000 $541,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI19247234

California Regional Multiple Listing Service (CRMLS)

APN: 066-174-020