NOT LISTED FOR SALE

478 Piney Way Morro Bay, CA 93442

Estimated Value: $1,372,000 - $1,525,000

2 Beds
2 Baths
2,224 Sq Ft
$650/Sq Ft Est. Value

Last Sold November 05, 2024

Last sale price $1,340,000 $603 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,017/month

53 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Fishing
  • Del Mar Elementary School Rated A-
  • In Ground Spa
  • Dual Staircase

About This Home

As of November 2024

VIEW VIEWS Come make 478 Piney way your Coastal View home and enjoy all the amazing rock and ocean views in the desirable Morro Heights being close to town.
Step up to a spacious open living room full of natural light, high ceilings, distinctive mantle fireplace and capture more views and fresh air from your outside front porch. Home features over 2100 sq ft. upstairs has two bedrooms and an upgraded bathroom with marble flooring, shower and deep jetted spa tub. Main bedroom opens to a backyard patio and an inground spa. Kitchen has upgraded decor counters, recessed lighting, built in cabinets, a cozy breakfast bar and a dining/den area to view the private backyard patio and garden area. Bamboo flooring stairs takes you to the bonus room with built in shelves and a large bathroom. A utility room shares a small kitchenette, washer/dryer and refrigerator. Plenty of storage in the attached finished large two car garage. Home is near tennis courts, golfing, churches, stores and restaurants.

Last Agent to Sell the Property

Bill Maddox

Farrell Smyth Real Estate Brokerage Phone: 805-215-0729 License #01972575 Listed on: 08/23/2024

Last Buyer's Agent

Tim Townley

Comet Realty License #01717361

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 5,000 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Needs Fence Repair
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Dune

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Game Room

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Granite Countertops

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Spa
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Schools

  • Del Mar Elementary School
  • Los Osos Middle School
  • Morro Bay High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 18 / 24
  • Assessor Parcel Number 066191022
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • 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: 066191022
  • Year Built: 1973
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2224.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 602.52
  • Room Type: Game Room, Guest/Maid's Quarters
  • Spa Features: In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Jetted Tub, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Dunes, City Lights, Coastline, Ocean
  • Fence: Yes
  • Fencing: Needs Repair
  • Patio And Porch Features: Covered, Patio Open, Rear Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Electric: 220 Volts For Spa
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Watersports, Sidewalks, Street Lights

Schools

  • Elementary School: Del Mar
  • High School: Morro Bay
  • Middle Or Junior School: Los Osos
  • Elementary School #2: DEMA
  • High School2: MORRB

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148
  • Latitude Manual: 35.36154800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 106.02
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Nov 4, 2024
Sold by
J Weck Trust and Weck Jennifer M
Bought by
Piney Frf Llc
Seller's Agent
Bill Maddox
Farrell Smyth Real Estate
Buyer's Agent
Tim Townley
Comet Realty
List Price
$1,399,000
Sold Price
$1,340,000
Premium/Discount to List
-$59,000
-4.22%
Views
91
Current Estimated Value
$1,446,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,278
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Mar 14, 2024
Sold by
David J Cole Family Trust
Bought by
J Weck Trust and Weck

Purchase Details

Closed on
Jul 3, 2018
Sold by
Cole David J and Cole Marie L
Bought by
Cole David J and Cole Marie L

Purchase Details

Closed on
Apr 8, 1998
Sold by
Minugh Hal Ronald and Minugh Monte Stuart
Bought by
Cole David J and Cole Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.06%
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
Piney Frf Llc $1,340,000 First American Title
J Weck Trust -- None Listed On Document
Cole David J -- None Available
Cole David J $320,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole David J $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $1,340,000 -1.5% $603 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
09/21/2024 09/21/24 Price Changed $1,360,000 -2.8% $612 / Sq Ft
08/23/2024 08/23/24 For Sale $1,399,000 -- $629 / 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 $5,458 $1,340,000 $800,000 $540,000
2024 $5,358 $500,904 $219,144 $281,760
2023 $5,358 $491,084 $214,848 $276,236
2022 $5,021 $481,456 $210,636 $270,820
2021 $4,940 $472,016 $206,506 $265,510
2020 $4,888 $467,177 $204,389 $262,788
2019 $4,836 $458,018 $200,382 $257,636
2018 $4,740 $449,038 $196,453 $252,585
2017 $4,645 $440,234 $192,601 $247,633
2016 $4,553 $431,603 $188,825 $242,778
2015 $4,482 $425,121 $185,989 $239,132
2014 $4,114 $416,794 $182,346 $234,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24155289

California Regional Multiple Listing Service (CRMLS)

APN: 066-191-022