NOT LISTED FOR SALE

475 Arcadia Ave Morro Bay, CA 93442

Estimated Value: $796,000 - $977,000

2 Beds
2 Baths
956 Sq Ft
$939/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $485,000 $507 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,225/month

5 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Maid or Guest Quarters
  • Del Mar Elementary School Rated A-
  • RV Access or Parking
  • Main Floor Primary Bedroom

About This Home

As of April 2014

Fabulous Morro Heights location, 2 blocks to golf course and state park. Only Minutes to downtown and Embarcadero from this quaint 2 bedroom 2 bath home boasting a charming knotty pine Studio/guest quarters and large enclosed patio to relax and enjoy! There are 2 single car garages. One of the garages has been converted to a 3rd bedroom/living area in the main home with outside storage access, it can easily be converted back to a garage space. There is a newer roof, newer dual pane windows and custom window coverings. The exterior paint is a few years new and the bathrooms have been upgraded. Morro Rock greets you as you enter the foye with room enough for an office space. There is an open living and dining area offering peekaboo bay views, a separate laundry room and two spacious bedrooms with walk in closets. The Large low maintenance fenced yard has 2 paved driveways with brick inlays and rolling gates on each end plus 2 storage units for your convenience.

Last Agent to Sell the Property

Christine McDonald

Coastal Real Estate License #01193039 Listed on: 03/12/2014

Co-Listed By

Sophia McDonald

Coastal Real Estate License #01487058

Last Buyer's Agent

Frankie Ciano

Ciano Real Estate, Inc. License #01412309

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,401 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Bay
  • Peek-A-Boo
  • Rock

Home Design

  • Raised Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 956 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • L-Shaped Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed

Additional Homes

  • Attached Guest House

Utilities

  • Cooling Available
  • Wall Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066202019

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Subdivision Name Other: Morro Heights(810)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066202019
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Living Area: 956.00
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Laminate, Vinyl
  • Appliances: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Ell, In Kitchen, In Living Room
  • Levels: One
  • Price Per Square Foot: 507.32
  • Room Type: Guest/Maid's Quarters, Main Floor Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House Attached, Shed(s)
  • View: Bay, Ocean, Peek-A-Boo, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Covered, Enclosed
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 5401.00
  • Lot Size Acres: 0.1240

Multi Family

  • Lot Size Area: 5401.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2018
Sold by
Horstman Jennifer Lamontagne and Horstman Family Trust
Bought by
Chase Property Group Llc
Current Estimated Value
$897,498

Purchase Details

Closed on
Apr 8, 2017
Sold by
Chase Rowan S and Horstman Jennifer Lamontagne
Bought by
Horstman Jennifer Lamontagne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,700
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2017
Sold by
Carro Joseph Martin and Carro Sharon Brooke
Bought by
Chase Rowan S and Horstman Jennifer Lamontagne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,700
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2014
Closed on
Mar 26, 2014
Sold by
Cooper Guy R
Bought by
Carro Joseph Martin and Carro Sharon Brooke
Seller's Agent
Christine McDonald
Coastal Real Estate
Buyer's Agent
Frankie Ciano
Ciano Real Estate, Inc.
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$363,700
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2007
Sold by
Cooper Guy R
Bought by
Cooper Guy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2005
Sold by
Cooper Kindra L
Bought by
Cooper Guy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 1997
Sold by
Cooper Evangeline L and The Cooper Trust
Bought by
Cooper Guy R

Purchase Details

Closed on
Jan 14, 1994
Sold by
Cooper Raymond H and Cooper Evangeline L
Bought by
Cooper Raymond H and Cooper Evangeline L
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
Chase Property Group Llc -- None Available
Horstman Jennifer Lamontagne -- None Available
Chase Rowan S $485,000 Fidelity National Title Co
Carro Joseph Martin $485,000 Fidelity National Title Co
Cooper Guy R -- First American Title Co
Cooper Guy R -- Chicago Title Co
Cooper Guy R -- --
Cooper Raymond H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chase Rowan S $360,700
Previous Owner Carro Joseph Martin $363,700
Previous Owner Cooper Guy R $127,600
Previous Owner Cooper Guy R $260,900
Previous Owner Cooper Guy R $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $485,000 -2.8% $507 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $499,000 -- $522 / 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 $6,442 $594,534 $367,754 $226,780
2024 $6,325 $582,878 $360,544 $222,334
2023 $6,325 $571,450 $353,475 $217,975
2022 $5,929 $560,246 $346,545 $213,701
2021 $5,835 $549,261 $339,750 $209,511
2020 $5,775 $543,630 $336,267 $207,363
2019 $5,715 $532,972 $329,674 $203,298
2018 $5,603 $522,522 $323,210 $199,312
2017 $5,493 $512,277 $316,873 $195,404
2016 $5,385 $502,233 $310,660 $191,573
2015 $5,303 $494,690 $305,994 $188,696
2014 $1,510 $157,387 $74,550 $82,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1041833

California Regional Multiple Listing Service (CRMLS)

APN: 066-202-019