NOT LISTED FOR SALE

480 Downing St Morro Bay, CA 93442

Estimated Value: $848,186 - $1,059,000

2 Beds
2 Baths
1,050 Sq Ft
$886/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $639,000 $609 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,495/month

6 Days on Market

Highlights

  • White Water Ocean Views
  • Open Floorplan
  • Wood Flooring
  • Del Mar Elementary School Rated A-
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of September 2020

Immaculate 2 bedroom, 2 bath updated charmer with OCEAN, HARBOR and ROCK Views. This very solid, well built home was recently updated with new tile flooring, new baseboards and is newly painted inside and out. Additional improvements include a 2 year old dimensional roof, new rain gutters, upgraded electrical, new electrical panel, new light fixtures, some new plumbing, new plumbing fixtures and a newer water heater. The well designed floor plan has an upstairs great room concept with an open living, dining and kitchen space with ocean, rock and harbor views. The spacious master bedroom with an ensuite bath has a walk in closet and is located upstairs adjacent to the living area. Downstairs features a roomy guest bedroom with a walk in closet, a guest bathroom, a foyer and the over sized two car garage where the laundry is located. This home is blessed with many large windows throughout, bringing in an abundance of light from all four directions! The rear deck has views out over the open ranch land and the front deck has views of the rock, the ocean and the harbor. There is a stairway leading to the back yard where you will find a custom paver patio, a lush green lawn and gardens. This Vintage '70s home has a fully fenced back yard and is newly landscaped in front and back. The good sized lot backs to open ranch land and rolling hills. The yard has pavers, patios, rock and paver walk ways, new irrigation and a French drain system. Information not verified.

Last Agent to Sell the Property

Monica King

BHGRE HAVEN PROPERTIES License #01229478 Listed on: 07/19/2020

BHGRE HAVEN PROPERTIES

Last Buyer's Agent

Chris Bath

Coast Realty License #01231010

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 4,000 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Back Yard
  • Property is zoned 10

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Level Lot
  • Driveway Up Slope From Street

Property Views

  • White Water Ocean
  • Bay
  • Harbor

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Entryway
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Eat-In Galley Kitchen
  • Electric Range
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Harbor Tract Subdivision
  • Foothills

Listing and Financial Details

  • Legal Lot and Block 13 / 2
  • Assessor Parcel Number 068159012

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Harbor Tract(760)
  • View: Yes
  • Zoning: 10
  • Architectural Style: Traditional
  • Property Condition: Termite Clearance, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068159012
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1050.00 Square Feet
  • Interior Amenities: Balcony, Ceramic Counters, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, In Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 608.57
  • Room Type: Entry, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Bay, Harbor, Ocean, White Water
  • Fence: Yes
  • Fencing: Average Condition, Excellent Condition, Fair Condition
  • Patio And Porch Features: Concrete, Deck, Patio Open, Porch, Front Porch, Rear Porch, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway Up Slope From Street, Garage, Garage Faces Front
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Water Heater
  • Electric: 220 Volts in Kitchen, Standard
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level, Up Slope from Street, Walkstreet
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918
  • Latitude Manual: 35.37171500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 106.03
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Denham Steve and Denham Stephen
Bought by
Denham Stephen and Denham Anna
Current Estimated Value
$930,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,614
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
$831,183

Purchase Details

Closed on
Feb 4, 2020
Sold by
Machado Alexis and Machado Jacob
Bought by
Machado Jacob and Machado Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 8, 2018
Sold by
Smith Joyce Marie and Prieto Janet Michelle
Bought by
Mankins Alexis and Machado Jacob
Seller's Agent
Sherry PeckHoon Sim
SIM Real Estate
Buyer's Agent
Paul Nagy
The Real Estate Office
List Price
$545,000
Sold Price
$534,500
Premium/Discount to List
-$10,500
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$524,818
Interest Rate
5.5%
Mortgage Type
FHA
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
Denham Stephen -- First American Title
Machado Jacob -- First American Title Company
Mankins Alexis $534,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denham Stephen $100,000
Previous Owner Machado Jacob $524,000
Previous Owner Mankins Alexis $524,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2020 09/01/20 Sold $639,000 0.0% $609 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $639,000 +19.6% $609 / Sq Ft
08/31/2018 08/31/18 Sold $534,500 -1.9% $509 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $545,000 -- $519 / 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 $7,417 $691,671 $487,093 $204,578
2024 $7,281 $678,110 $477,543 $200,567
2023 $7,281 $664,815 $468,180 $196,635
2022 $6,823 $651,780 $459,000 $192,780
2021 $6,713 $639,000 $450,000 $189,000
2020 $5,791 $545,190 $382,500 $162,690
2019 $5,731 $534,500 $375,000 $159,500
2018 $595 $62,452 $15,066 $47,386
2017 $581 $61,228 $14,771 $46,457
2016 $569 $60,029 $14,482 $45,547
2015 $559 $59,128 $14,265 $44,863
2014 $512 $57,971 $13,986 $43,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC20140136

California Regional Multiple Listing Service (CRMLS)

APN: 068-159-012