NOT LISTED FOR SALE

461 Luzon St Morro Bay, CA 93442

Estimated Value: $725,000 - $771,000

2 Beds
1 Bath
1,075 Sq Ft
$697/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $656,500 $611 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,704/month

23 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Beamed Ceilings
  • Del Mar Elementary School Rated A-
  • No HOA
  • 4-minute walk to Del Mar Park

About This Home

As of December 2023

Versatile North Morro Bay hillside home features a spacious great room with vaulted wood-beamed ceilings and good natural light. Kitchen features ample cabinetry, updated appliances and tiled counters. Generous living area has several furnishing options. Both ample bedrooms include a full wall of closets and space for beds and modest furnishing. The full bath has cabinets and generous counter space. A versatile front yard has a hardscape for off-street parking or conversion to a courtyard area with good morning and midday sun. The location is a good distance from HWY 1 for quiet night times and there are fine ocean views just up the hill at Panorama. This home is ideal as a main residence, second home or quality rental property. Check it out!

Last Agent to Sell the Property

Dale Kaiser

Dale Kaiser Real Estate License #01297036 Listed on: 10/13/2023

Co-Listed By

Gail Riley

Dale Kaiser Real Estate License #01118809

Last Buyer's Agent

Diane Moroski

BHGRE HAVEN PROPERTIES License #01492366

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,255

Year Built

  • Built in 1974

Lot Details

  • 2,400 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned 10

Parking

  • 1 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 16 / 6
  • Assessor Parcel Number 065063030

Community Details

Overview

  • No Home Owners Association
  • North Morro Bay Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,255

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Morro Bay (820)
  • View: No
  • Zoning: 10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065063030
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1075.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 610.70
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • 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, Fishing, Golf, Hiking, Watersports

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 105.06
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 8, 2023
Sold by
Susan Abbasi Living Trust
Bought by
Obrien Joseph H and Jones Lauren P
Seller's Agent
Dale Kaiser
Dale Kaiser Real Estate
Buyer's Agent
Diane Moroski
BHGRE HAVEN PROPERTIES
List Price
$659,500
Sold Price
$656,500
Premium/Discount to List
-$3,000
-0.45%
Views
131
Current Estimated Value
$748,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,247
Avg. Annual Appreciation
8.09%
Original Mortgage
$525,200
Outstanding Balance
$518,405
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$230,342

Purchase Details

Listed on
Oct 7, 2022
Closed on
Feb 10, 2023
Sold by
Malyne K Gauss Revocable Trust
Bought by
Susan Abbasi Living Trust
Seller's Agent
Patrick Mulholland
Compass
Buyer's Agent
Patrick Mulholland
Compass
List Price
$675,000
Sold Price
$643,000
Premium/Discount to List
-$32,000
-4.74%
Views
182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$215,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Gauss Malyne Kay
Bought by
Gauss Malyne Kay and Malyne Kay Gauss Revocable Tru
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Obrien Joseph H $656,500 First American Title
Susan Abbasi Living Trust $643,000 First American Title
Gauss Malyne Kay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Joseph H $525,200
Previous Owner Susan Abbasi Living Trust $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $656,500 -0.5% $611 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $659,500 +2.6% $613 / Sq Ft
02/28/2023 02/28/23 Sold $643,000 -4.7% $598 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
10/07/2022 10/07/22 For Sale $675,000 -- $628 / 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 $7,255 $669,630 $443,700 $225,930
2024 $7,084 $656,500 $435,000 $221,500
2023 $7,084 $640,000 $425,000 $215,000
2022 $623 $58,845 $9,991 $48,854
2021 $613 $57,693 $9,796 $47,897
2020 $607 $57,102 $9,696 $47,406
2019 $600 $55,983 $9,506 $46,477
2018 $589 $54,886 $9,320 $45,566
2017 $577 $53,811 $9,138 $44,673
2016 $566 $52,757 $8,959 $43,798
2015 $557 $51,966 $8,825 $43,141
2014 $512 $50,949 $8,653 $42,296
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23191656

California Regional Multiple Listing Service (CRMLS)

APN: 065-063-030