NOT LISTED FOR SALE

463 Morro Cove Rd Morro Bay, CA 93442

Estimated Value: $1,546,750 - $1,580,000

3 Beds
2.5 Baths
2,292 Sq Ft
$683/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $1,400,000 $611 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,472/month

Highlights

  • Spa
  • Bay View
  • Open Floorplan
  • Del Mar Elementary School Rated A-
  • Primary Bedroom Suite
  • Deck

About This Home

As of October 2021

Located "One Up" from the Bayfront Bluff-Top across the street from the coveted Morro Cove community, is this charming 2,292 SF French Country home with 3 Bedrooms, 2.5 Baths. From the moment you walk up, you faintly hear the lulling of the distant fog horn, the call of the frolicking seagulls while being enchanted by the views of the Bay and distinguished Morro Rock. Main living area is on the first floor with a Formal Living Room & 1/2 bath that opens to a lovely Family Room with fireplace, Dining Room & Kitchen with White Euro cabinetry, granite countertops & large tiled floors. All three bedrooms are upstairs with laundry room. The Master En Suite is oversized with large walk-in closet & nice sized newly refinished deck. Views of the Bay and Morro Rock can be seen from the upstairs Guest Bedroom. All of this is within approximately one block to the entrance of the stairs that go down to Tidelands Park & the Embarcadero. Saturday's Farmer's Market is in close proximity, as well as, the Marina, Downtown, Movie Theater & Morro Bay Golf Course. World Class wine tasting is just a Sunday's drive away. This home is a rare find, with only One Owner....You could be the next lucky person to call 463 Morro Cove Rd HOME!!!!

Last Agent to Sell the Property

Sue Macedo

Andrews Real Estate Group Inc License #00986970 Listed on: 10/07/2021

Last Buyer's Agent

Peggy Pierce

License #01067948

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,448

Year Built

  • Built in 2004

Lot Details

  • 4,043 Sq Ft Lot
  • Property fronts a private road
  • Vinyl Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R2

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Bay
  • Bluff
  • Dune
  • Neighborhood

Home Design

  • French Architecture
  • Cottage
  • Planned Development
  • Slab Foundation
  • Flat Tile Roof
  • HardiePlank Type

Interior Spaces

  • 2,292 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts For Spa
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2285
  • Assessor Parcel Number 066174022

Community Details

Overview

  • Morro Cove Association, Phone Number (805) 239-7889
  • The Management Trust HOA
  • Built by Wayne Colmer
  • Morro Cove Subdivision

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,448

Year Built

Built in 2004

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator, Hot Tub
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Morro Cove(780)
  • View: Yes
  • Zoning: R2
  • Architectural Style: Cottage, French
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066174022
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2292.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Pantry, Tile Counters
  • Stories: 2
  • Entry Location: South St.
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 610.82
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Dunes, Bay, Bluff, Neighborhood
  • Fence: Yes
  • Fencing: Good Condition, Vinyl
  • Builder Name: Wayne Colmer
  • Patio And Porch Features: Deck, Patio, Patio Open, Front Porch
  • Pool Private: No
  • Roof: Flat Tile
  • Spa: Yes
  • Construction Materials: Hardiplank Type

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Electric: 220 Volts For Spa
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee: 1100.00
  • Association Fee Frequency: Annually
  • Association Name: Morro Cove
  • Phone: (805)239-7889
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: The Management Trust

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Level with Street, Level, Yard
  • Lot Size Sq Ft: 4043.00
  • Lot Size Acres: 0.0928

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4043.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 106.02
  • Tax Lot: 20
  • Tax Tract Number: 2285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Oct 13, 2021
Sold by
Ruffner Joseph E and Ruffner Jaimie S
Bought by
Smith Donald F and Smith Berenice
Seller's Agent
Sue Macedo
Andrews Real Estate Group Inc
Buyer's Agent
Peggy Pierce
List Price
$1,325,000
Sold Price
$1,400,000
Premium/Discount to List
$75,000
5.66%
Current Estimated Value
$1,564,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,688
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Feb 17, 2004
Sold by
Morro Cove Lp
Bought by
Ruffner Joseph E and Ruffner Jaimie S
Source: Public Records

Range of Values:

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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
Smith Donald F $1,400,000 First American Title Company
Ruffner Joseph E -- First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $1,400,000 +5.7% $611 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $1,325,000 -- $578 / 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 $10,448 $971,427 $415,588 $555,839
2024 $10,258 $952,381 $407,440 $544,941
2023 $10,258 $933,707 $399,451 $534,256
2022 $9,613 $915,400 $391,619 $523,781
2021 $10,827 $1,019,278 $525,402 $493,876
2020 $10,716 $1,008,827 $520,015 $488,812
2019 $10,605 $989,047 $509,819 $479,228
2018 $10,397 $969,655 $499,823 $469,832
2017 $9,650 $900,000 $465,000 $435,000
2016 $9,361 $873,000 $450,000 $423,000
2015 $8,919 $832,000 $429,000 $403,000
2014 $8,353 $832,000 $429,000 $403,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI21218655

California Regional Multiple Listing Service (CRMLS)

APN: 066-174-022