NOT LISTED FOR SALE

462 Arcadia Ave Morro Bay, CA 93442

Estimated Value: $1,678,302 - $2,025,000

4 Beds
2.5 Baths
2,405 Sq Ft
$755/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $1,705,000 $709 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,968/month

120 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Primary Bedroom Suite
  • Del Mar Elementary School Rated A-
  • Fishing
  • Open Floorplan

About This Home

As of February 2024

Spectacular property in Morro Bay Heights.
This custom home was carefully built in 2005 with quality craftsmanship and details in mind. Enjoy stunning panoramic rock and ocean views from the downstairs family room. Open the double doors onto the grand lower deck and imagine entertaining family and friends.
Pass by a large laundry room, full bathroom and 3 well sized bedrooms to the back deck, relax next to the mature Koi pond that helps create this peaceful setting.
Beautiful and well-maintained Spanish tile flooring throughout.
The upstairs open floor plan is filled with natural light from well-placed windows, creating stunning views from every room.
Granite counter tops, Viking range, an oversized island and more views are just a few of the special features the cooking enthusiast will love in the gourmet kitchen. The living room boasts an impressive custom wood mantle setting above a gas fireplace which accents the room nicely.
Through double doors is the upstairs deck with expansive views that give the feeling you can touch the sunsets. Just off the generous dining area is the tranquil master suite with ensuite bathroom, double vanity, large soaking
tub and beautiful separate shower. A walk in closet and separate hobby room give ample space for all your special items.
Close to downtown, marina, waterfront, hiking, biking, surfing, golfing, and more.
The Morro Bay Heights is one of the most desirable locations on the Central Coast.

Last Agent to Sell the Property

Tim Cowan

BHGRE HAVEN PROPERTIES Brokerage Phone: 805-459-3818 License #02021716 Listed on: 07/12/2023

BHGRE HAVEN PROPERTIES

Co-Listed By

Tera Dube

BHGRE HAVEN PROPERTIES Brokerage Phone: 805-459-3818 License #02132432

Last Buyer's Agent

Heather Olson

Coast Realty License #01829384

Coast Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 5,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Ocean
  • Bay
  • Harbor
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,405 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Additional Features

  • Wood Patio
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 066203005

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066203005
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2405.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 708.94
  • Room Type: Family Room, Laundry, Living Room, Primary Suite
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Bay, Harbor, Ocean, Panoramic
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Oven, Gas Water Heater, Refrigerator
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Golf, Hiking, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148
  • Latitude Manual: 35.36044400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Dec 6, 2023
Sold by
Birchell Thomas R
Bought by
Pranitis Family Trust and Pranitis
Seller's Agent
Tim Cowan
BHGRE HAVEN PROPERTIES
Buyer's Agent
Heather Olson
Coast Realty
List Price
$1,629,000
Sold Price
$1,705,000
Premium/Discount to List
$76,000
4.67%
Views
438
Current Estimated Value
$1,816,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,576
Avg. Annual Appreciation
3.34%
Original Mortgage
$400,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 7, 2004
Sold by
Birchell Erin
Bought by
Birchell Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.57%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 17, 1998
Sold by
Fields Pansie R
Bought by
Birchell Thomas R and Birchell Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
7.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Pranitis Family Trust $1,705,000 Chicago Title
Birchell Thomas R -- Chicago Title Company
Birchell Thomas R $183,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pranitis Family Trust $400,000
Previous Owner Birchell Thomas R $540,000
Previous Owner Birchell Thomas R $163,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $1,705,000 +4.7% $709 / Sq Ft
11/10/2023 11/10/23 For Sale $1,629,000 -4.5% $677 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/01/2023 10/01/23 Off Market $1,705,000 -- --
10/01/2023 10/01/23 For Sale $1,629,000 -4.5% $677 / Sq Ft
09/30/2023 09/30/23 Off Market $1,705,000 -- --
09/30/2023 09/30/23 For Sale $1,629,000 -4.5% $677 / Sq Ft
08/29/2023 08/29/23 Off Market $1,705,000 -- --
07/12/2023 07/12/23 For Sale $1,629,000 -- $677 / 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 $5,738 $1,739,100 $1,224,000 $515,100
2024 $5,633 $526,221 $187,839 $338,382
2023 $5,633 $515,904 $184,156 $331,748
2022 $5,278 $505,790 $180,546 $325,244
2021 $5,193 $495,873 $177,006 $318,867
2020 $5,139 $490,790 $175,192 $315,598
2019 $5,084 $481,167 $171,757 $309,410
2018 $4,983 $471,734 $168,390 $303,344
2017 $4,884 $462,486 $165,089 $297,397
2016 $4,787 $453,418 $161,852 $291,566
2015 $4,713 $446,608 $159,421 $287,187
2014 $4,326 $437,861 $156,299 $281,562
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23125245

California Regional Multiple Listing Service (CRMLS)

APN: 066-203-005