NOT LISTED FOR SALE

481 Fresno Ave Morro Bay, CA 93442

Estimated Value: $938,813 - $1,156,000

2 Beds
2 Baths
1,226 Sq Ft
$860/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $707,825 $577 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,309/month

23 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Balcony
  • Del Mar Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of February 2020

Morro Heights home with 2 bedroom 2 bath, double car garage, deck and all on one level. Wonderful neighborhood and within walking distance to downtown Morro Bay and Embarcadero. New roof in 2019 and home inspection completed by National Home Inspection in November 2019. Drive by, but please do not disturb the tenant.

Last Agent to Sell the Property

Lorraine Sterkel

Horizon Realty & Property Mgt License #00648760 Listed on: 12/18/2019

Last Buyer's Agent

Kelly Vandenheuvel

Central Coast Property Sales License #01472453

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,387

Year Built

  • Built in 1960

Lot Details

  • 5,750 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned 10

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Level

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ocean Views

Kitchen

  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 22
  • Assessor Parcel Number 066194022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,387

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: 10
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066194022
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1226.00 Square Feet
  • Interior Amenities: Balcony, Laminate Counters, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 577.35
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Block, Raised
  • View: Ocean
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Level, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Sewer Assessments
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5750.00
  • Lot Size Acres: 0.1320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 106.02
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2023
Sold by
Murphey Thomas G
Bought by
Thomas G Murphey Trust and Murphey
Current Estimated Value
$1,053,953

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jan 27, 2020
Sold by
Neal Lloyd O and Neal Joan L O
Bought by
Carter Lise M and Murphey Thomas G
Seller's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
Buyer's Agent
Kelly Vandenheuvel
Central Coast Property Sales
List Price
$739,000
Sold Price
$707,825
Premium/Discount to List
-$31,175
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$276,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2007
Sold by
Tyler Dean R and Tyler Bertha
Bought by
Tyler Dean R and Tyler Bertha

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
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thomas G Murphey Trust -- None Listed On Document
Lise Carter Trust -- None Listed On Document
Carter Lise M $708,000 First American Title Company
Tyler Dean R -- None Available
Tyler Dean R -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Lise M $276,000
Previous Owner Tyler Dean R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $707,825 -4.2% $577 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $739,000 -- $603 / 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 $8,387 $774,079 $519,480 $254,599
2024 $8,235 $758,902 $509,295 $249,607
2023 $8,235 $744,022 $499,309 $244,713
2022 $7,719 $729,434 $489,519 $239,915
2021 $7,596 $715,132 $479,921 $235,211
2020 $738 $69,454 $21,949 $47,505
2019 $730 $68,093 $21,519 $46,574
2018 $716 $66,759 $21,098 $45,661
2017 $702 $65,451 $20,685 $44,766
2016 $688 $64,169 $20,280 $43,889
2015 $678 $63,206 $19,976 $43,230
2014 $622 $61,969 $19,585 $42,384
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC19282091

California Regional Multiple Listing Service (CRMLS)

APN: 066-194-022