NOT LISTED FOR SALE

470 Kern Ave Morro Bay, CA 93442

Estimated Value: $832,000 - $995,000

2 Beds
1 Bath
843 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $825,000 $979 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,417/month

151 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • No HOA
  • Del Mar Elementary School Rated A-
  • Ocean Side of Highway 1
  • Workshop

About This Home

As of August 2024

Grab your coffee and take in the tranquil views of Morro Rock and the Ocean! As you step through the front door, natural light and original hardwood floors provide a warm welcome to this Morro Heights charmer. Heading into the kitchen, you’ll be greeted with lovely black & white vintage tile and MORE views of the ocean and rock. Outside, the oversized lot offers endless possibilities for outdoor entertaining and relaxation. The mature landscaping and the adorable she shed create a private oasis where one can escape the hustle and bustle of everyday life. With its timeless allure and beautiful views, this home embodies the essence of beach living, offering a rare opportunity to embrace the beauty and serenity of the Central Coast. See attachment in supplements from the City Of Morro Bay with information about adding a generous amount of square footage to the house AND adding an ADU. Contact City of Morro Bay Building Dept for more info.

Last Agent to Sell the Property

Alice Frawley

Navigators Real Estate Brokerage Phone: 805-471-0312 License #00818334 Listed on: 02/28/2024

Last Buyer's Agent

Joe Sciarrone

London Properties License #01509897

London Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,247

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 1.5 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Single Garage Door
  • Driveway Up Slope From Street
  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Window Screens
  • Living Room
  • Workshop
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters
  • Front Porch

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 29
  • Assessor Parcel Number 066201043

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,247

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Fridge, washer & dryer included.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066201043
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 843.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 978.65
  • Room Type: Kitchen, Living Room, Workshop
  • Window Features: Screens, Wood Frames
  • Bathroom Features: Shower, Linen Closet/Storage, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s), Storage, Workshop
  • Exterior Features: Rain Gutters
  • View: Bay, Ocean, Water
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.50
  • Parking: Yes
  • Parking Features: Concrete, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Single Door, Off Street, Workshop in Garage
  • Total Parking Spaces: 4.50
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Floor Furnace, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Park

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 35.36127700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 29
  • Tax Census Tract: 106.02
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Aug 2, 2024
Sold by
Darl Trent Skelton and Darl Susan Lea
Bought by
Cornacchia William and Cornacchia Lori
Seller's Agent
Alice Frawley
Navigators Real Estate
Buyer's Agent
Joe Sciarrone
London Properties
List Price
$1,200,000
Sold Price
$825,000
Premium/Discount to List
-$375,000
-31.25%
Views
261
Current Estimated Value
$883,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,340
Avg. Annual Appreciation
6.79%
Original Mortgage
$618,750
Outstanding Balance
$612,404
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$270,936

Purchase Details

Closed on
Oct 1, 2007
Sold by
Skelton Darl Trent and Skelton Susan
Bought by
Skelton Darl Trent and Skelton Susan

Purchase Details

Closed on
Jul 14, 2004
Sold by
Skelton Norma
Bought by
Skelton Darl Trent and Skelton Susan

Purchase Details

Closed on
Jun 25, 1999
Sold by
Banks Betty Jo and Banks Betty Joe
Bought by
Banks Betty Jo
Source: Public Records

Range of Values:

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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
Cornacchia William $825,000 Placer Title
Skelton Darl Trent -- None Available
Skelton Darl Trent $113,000 Chicago Title Company
Banks Betty Jo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornacchia William $618,750
Previous Owner Skelton Darl Trent $91,500
Previous Owner Skelton Darl Trent $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $825,000 -2.9% $979 / Sq Ft
07/14/2024 07/14/24 Price Changed $850,000 -5.5% $1,008 / Sq Ft
06/26/2024 06/26/24 Price Changed $899,000 -5.4% $1,066 / Sq Ft
05/22/2024 05/22/24 Price Changed $950,000 -9.5% $1,127 / Sq Ft
05/08/2024 05/08/24 Price Changed $1,050,000 -6.7% $1,246 / Sq Ft
03/22/2024 03/22/24 Price Changed $1,125,000 -6.3% $1,335 / Sq Ft
02/28/2024 02/28/24 For Sale $1,200,000 -- $1,423 / 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 $7,247 $825,000 $625,000 $200,000
2024 $7,115 $662,776 $478,296 $184,480
2023 $7,115 $649,781 $468,918 $180,863
2022 $6,667 $637,041 $459,724 $177,317
2021 $6,560 $624,551 $450,710 $173,841
2020 $6,492 $618,148 $446,089 $172,059
2019 $6,423 $606,029 $437,343 $168,686
2018 $6,262 $591,000 $425,000 $166,000
2017 $5,779 $546,000 $395,000 $151,000
2016 $4,857 $460,000 $330,000 $130,000
2015 $4,374 $415,000 $300,000 $115,000
2014 $4,096 $415,000 $300,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24033370

California Regional Multiple Listing Service (CRMLS)

APN: 066-201-043