NOT LISTED FOR SALE

471 Luzon St Morro Bay, CA 93442

Estimated Value: $668,145 - $706,000

2 Beds
1 Bath
770 Sq Ft
$893/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $575,000 $747 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,285/month

144 Days on Market

Highlights

  • Fishing
  • Mountain View
  • No HOA
  • Del Mar Elementary School Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Del Mar Park

About This Home

As of April 2023

North Morro Bay Single Level Classic. Good things come in small packages! Loaded with old time character in this comfortable floor plan with 2 bedrooms, 1 full bath, light filled living room open to kitchen and dining area. Covered car port affords lots of added storage with laundry area as well. Good parking out front. Eclectic neighborhood mix with old and new all located close to shopping and the beach. Great starter home or beach vacation getaway or investment income opportunity. Not seen on market in many years Now Offered for $620,000.

Last Agent to Sell the Property

Jack Posemsky

Jack Posemsky Real Estate License #01184353 Listed on: 10/08/2022

Last Buyer's Agent

Jack Posemsky

Jack Posemsky Real Estate License #01184353 Listed on: 10/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,482

Year Built

  • Built in 1960

Lot Details

  • 2,400 Sq Ft Lot
  • Property fronts a county road
  • Level Lot
  • Property is zoned 10

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Cottage
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 770 Sq Ft Home
  • Family Room Off Kitchen
  • Concrete Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Carport
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 6B
  • Assessor Parcel Number 065063029

Community Details

Overview

  • No Home Owners Association
  • North Morro Bay Subdivision
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,482

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Agent
  • Other Phone Number: 805-235-4926
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name Other: North Morro Bay (820)
  • View: Yes
  • Zoning: 10
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065063029
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 770.00 Square Feet
  • Interior Amenities: Formica Counters
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 746.75
  • Room Type: All Bedrooms Down, Main Floor Bedroom
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Formica Counters, Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • View: Hills, Mountain(s), Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Carport, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Preserve/Public Land

Schools

  • School District: Coast Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551
  • Latitude Manual: 35.40130400

Multi Family

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

Tax Info

  • Tax Block: 6B
  • Tax Census Tract: 105.06
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Apr 21, 2023
Sold by
Weber Ines
Bought by
Cromer James M and Cromer Shannon M
Seller's Agent
Jack Posemsky
Jack Posemsky Real Estate
Buyer's Agent
Jack Posemsky
Jack Posemsky Real Estate
List Price
$620,000
Sold Price
$575,000
Premium/Discount to List
-$45,000
-7.26%
Views
201
Current Estimated Value
$687,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,286
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Sep 30, 2022
Sold by
Ines Weber Family Trust
Bought by
Weber Ines

Purchase Details

Closed on
Sep 19, 1997
Sold by
Weber Ines
Bought by
Weber Ines and Ines Weber Family Trust
Source: Public Records

Range of Values:

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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
Cromer James M $575,000 First American Title
Weber Ines -- First American Title
Weber Ines -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $575,000 -7.3% $747 / Sq Ft
10/08/2022 10/08/22 For Sale $620,000 -- $805 / 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 $6,482 $598,230 $416,160 $182,070
2024 $1,430 $586,500 $408,000 $178,500
2023 $1,430 $129,192 $53,316 $75,876
2022 $1,340 $126,660 $52,271 $74,389
2021 $1,319 $124,178 $51,247 $72,931
2020 $1,306 $122,906 $50,722 $72,184
2019 $1,292 $120,497 $49,728 $70,769
2018 $1,267 $118,135 $48,753 $69,382
2017 $1,242 $115,820 $47,798 $68,022
2016 $1,218 $113,550 $46,861 $66,689
2015 $1,199 $111,846 $46,158 $65,688
2014 $1,101 $109,656 $45,254 $64,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22217821

California Regional Multiple Listing Service (CRMLS)

APN: 065-063-029