NOT LISTED FOR SALE

480 Avalon St Morro Bay, CA 93442

Estimated Value: $667,000 - $709,000

3 Beds
1.5 Baths
792 Sq Ft
$868/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $605,000 $764 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,176/month

8 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Neighborhood Views
  • Del Mar Elementary School Rated A-
  • No HOA
  • Beamed Ceilings

About This Home

As of June 2022

Cute beach cottage centrally located in beautiful Morro Bay with great bones and loads of potential. This 3 bed/2 bath home offers a clean slate to its next owner with a functional layout that's ready for a cosmetic makeover and your own personal touches. Why pay for someone else’s tastes and preferences when you can personalize all finishes exactly to your liking? At 792 square feet on a 2,800 square foot parcel, 480 Avalon packs a punch. With vaulted wood ceilings that may serve as a feature piece for a remodel, a floorplan that's manageable for all types of buyers, and a flat parcel near most sites in town, this home strikes the perfect balance of cozy and accessible. Perfect for anyone looking for their very own beach getaway. In a coastal California town where single family residences are reaching well into the millions, here's your chance to take advantage of an affordable opportunity. Probate sale but the executor has full authority. Come see for yourself what this home and Morro Bay have to offer!

Last Agent to Sell the Property

Aaron Anderson

Rock View Realty License #01408502 Listed on: 04/11/2022

Last Buyer's Agent

Julie Olsen

eXp Realty of Southern California, Inc. License #02098234

eXp Realty of Southern California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 2,800 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 16 / 9
  • Assessor Parcel Number 068264013

Community Details

Overview

  • No Home Owners Association
  • Morro Del Mar Subdivision

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro del Mar(800)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068264013
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 792.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 763.89
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Utilities: Electricity Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2800.00
  • Lot Size Acres: 0.0643

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2800.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 105.05
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 10, 2022
Sold by
Meisenbacher Leslie L
Bought by
Carlson Bryer
Seller's Agent
Aaron Anderson
Rock View Realty
Buyer's Agent
Julie Olsen
eXp Realty of Southern California, Inc.
List Price
$600,000
Sold Price
$605,000
Premium/Discount to List
$5,000
0.83%
Current Estimated Value
$687,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,597
Avg. Annual Appreciation
3.66%
Original Mortgage
$600,000
Outstanding Balance
$570,089
Interest Rate
5.27%
Mortgage Type
VA
Estimated Equity
$117,508
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
Carlson Bryer $605,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Bryer $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $605,000 +0.8% $764 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $600,000 -- $758 / 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 $6,879 $642,030 $477,543 $164,487
2024 $6,753 $629,442 $468,180 $161,262
2023 $6,753 $617,100 $459,000 $158,100
2022 $5,748 $525,000 $425,000 $100,000
2021 $1,964 $191,917 $163,348 $28,569
2020 $1,943 $189,951 $161,674 $28,277
2019 $1,922 $186,227 $158,504 $27,723
2018 $1,883 $182,577 $155,397 $27,180
2017 $1,844 $178,998 $152,350 $26,648
2016 $1,807 $175,489 $149,363 $26,126
2015 $1,778 $172,854 $147,120 $25,734
2014 $1,631 $169,469 $144,239 $25,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22071921

California Regional Multiple Listing Service (CRMLS)

APN: 068-264-013