NOT LISTED FOR SALE

465 Monterey Ave Unit 4 Morro Bay, CA 93442

Estimated Value: $841,000 - $951,000

3 Beds
2 Baths
1,706 Sq Ft
$550/mo HOA Fee

Last Sold August 24, 2023

Last sale price $845,000 $495 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,988/month

164 Days on Market

Highlights

  • Golf Course Community
  • No Units Above
  • Dual Staircase
  • Del Mar Elementary School Rated A-
  • Bay View
  • Deck

About This Home

As of August 2023

This well maintained condo was renovated in 2013 is well appointed in it's finishes. It is in a great location only four blocks to shops and restaurants on Morro Bay Blvd and only four blocks to the Embarcadero. From the main living area you have a great view of the famous Morro Bay Rock. The primary bedroom and bath are next to the main living area and kitchen.
Enjoy the living room fire place for those few days that are chilly. The two main level bedrooms share a deck facing the bay
The loft above the kitchen can be used as a office or extra sleeping area for your overnight guests.
In the HOA fees Earth Quake Insurance is included
There are a total of seven condos here and very seldom come up for listing. Get your real estate agent to give us a call to view this wonderful property.

Last Agent to Sell the Property

Kenneth Vesterfelt

BHGRE HAVEN PROPERTIES License #01243086 Listed on: 02/08/2023

BHGRE HAVEN PROPERTIES

Last Buyer's Agent

Mary Moloney

BHGRE HAVEN PROPERTIES License #00596478

BHGRE HAVEN PROPERTIES

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Bay
  • Harbor

Interior Spaces

  • 1,706 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Skylights
  • Entryway
  • Living Room with Fireplace
  • Loft

Kitchen

  • Electric Cooktop
  • Range Hood
  • Microwave
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Bathrooms
  • Tile Bathroom Countertop
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 633
  • Assessor Parcel Number 066179012

Community Details

Overview

  • Front Yard Maintenance
  • 7 Units
  • South Monterey Condominum Assocciation Association, Phone Number (805) 771-9973
  • Farrell Smyth HOA
  • Morro Heights Subdivision
  • Maintained Community

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 066179012
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1706.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Stone Counters, Tile Counters
  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Appliances: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 495.31
  • Room Type: Entry, Kitchen, Laundry, Loft, Master Bathroom, Master Bedroom
  • Window Features: Skylight(s)
  • Bathroom Features: Low Flow Shower, Shower, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Bay, Harbor
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Disposal, Gas Water Heater, Microwave, Range Hood, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Gas

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Maintenance Front Yard
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Association Name: South Monterey Condominum Assocciation
  • Phone: 805-771-9973
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Golf, Hiking
  • Association Management: Farrell Smyth

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 1706.00
  • Lot Size Acres: 0.0392

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1706.0000 Square Feet
  • Number Of Units In Community: 7
  • Number Of Units Total: 7

Tax Info

  • Tax Census Tract: 106.02
  • Tax Tract Number: 633

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Aug 1, 2023
Sold by
Frank Patrick Jones and Frank Barbara Lynn
Bought by
Rodney G And Susan B Anderson Living Trust and Anderson
Seller's Agent
Kenneth Vesterfelt
BHGRE HAVEN PROPERTIES
Buyer's Agent
Mary Moloney
BHGRE HAVEN PROPERTIES
List Price
$915,000
Sold Price
$845,000
Premium/Discount to List
-$70,000
-7.65%
Views
413
Current Estimated Value
$890,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,569
Avg. Annual Appreciation
2.26%
Original Mortgage
$802,000
Outstanding Balance
$784,229
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$106,340

Purchase Details

Closed on
Nov 9, 2011
Sold by
Martin Parker
Bought by
Jones Frank Patrick and Jones Barbara Lynn

Purchase Details

Closed on
Feb 7, 2008
Sold by
Martin Parker and Powers Murray J
Bought by
Martin Parker and Parker Martin Trust

Purchase Details

Closed on
May 6, 2005
Sold by
Krieger David M and Krieger Carolee K
Bought by
Martin Parker and Powers Murray

Purchase Details

Closed on
Jun 28, 1996
Sold by
Krieger David M and Krieger Carolee K
Bought by
Krieger David M and Krieger Carolee K
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
Rodney G And Susan B Anderson Living Trust $845,000 First American Title
Jones Frank Patrick $385,000 Fidelity National Title Co
Martin Parker -- None Available
Martin Parker $595,000 Fidelity Title Company
Krieger David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodney G And Susan B Anderson Living Trust $802,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $845,000 -1.7% $495 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $860,000 -1.7% $504 / Sq Ft
02/16/2023 02/16/23 Price Changed $875,000 -4.4% $513 / Sq Ft
02/08/2023 02/08/23 For Sale $915,000 -- $536 / 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 $9,261 $534,298 $221,435 $312,863
2024 $5,067 $845,000 $475,000 $370,000
2023 $5,067 $464,795 $241,452 $223,343
2022 $4,748 $455,682 $236,718 $218,964
2021 $4,671 $446,748 $232,077 $214,671
2020 $4,623 $442,168 $229,698 $212,470
2019 $4,573 $433,499 $225,195 $208,304
2018 $4,482 $425,000 $220,780 $204,220
2017 $4,393 $416,667 $216,451 $200,216
2016 $4,305 $408,498 $212,207 $196,291
2015 $4,238 $402,363 $209,020 $193,343
2014 $3,890 $394,482 $204,926 $189,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23022457

California Regional Multiple Listing Service (CRMLS)

APN: 066-179-012