NOT LISTED FOR SALE

486 Arbutus Ave Morro Bay, CA 93442

Estimated Value: $872,000 - $1,031,000

3 Beds
2 Baths
1,857 Sq Ft
$505/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $855,000 $460 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,183/month

35 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Main Floor Bedroom
  • Del Mar Elementary School Rated A-
  • Wood Flooring
  • L-Shaped Dining Room

About This Home

As of October 2024

This 3 Bedroom 2 Bath home is located in the desirable Morro Bay Heights, it comes with a 5500 square foot lot.
As you enter through the front door the efficient kitchen and dining area is to your right with the living area with fire place is on your left. All bedrooms have sliding doors to access to the back and side yards. The living room and front deck will have a view of the ocean. If you like golfing then you are only two blocks away from the 18 hole golf course. The two vehicle garage also allows the laundry to be included. There is extra parking next to the front driveway which may hold a R V.
Call your Real Estate Agent today to view this home ,which has easy access to embarcadero and waterfront, which has shopping and great restaurants and of course The Morro Bay Rock.

Last Agent to Sell the Property

Kenneth Vesterfelt

BHGRE HAVEN PROPERTIES Brokerage Email: vesties@aol.com License #01243086 Listed on: 08/08/2024

BHGRE HAVEN PROPERTIES

Last Buyer's Agent

Megan Sanchez

Dale Kaiser Real Estate License #01892119

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 5,500 Sq Ft Lot
  • Northwest Facing Home
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Up Slope From Street

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Raised Foundation

Interior Spaces

  • 1,857 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 11 / 7
  • Tax Tract Number 3
  • Assessor Parcel Number 066202020
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066202020
  • Year Built: 1957
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1857.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 460.42
  • Room Type: All Bedrooms Down, Family Room, Jack & Jill, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: Ocean
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1263

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 106.02
  • Tax Lot: 11
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 16, 2024
Sold by
Mccarty Family Trust and Cozakos Linda S
Bought by
Richard And Margie Linder Trust and Linder
Seller's Agent
Kenneth Vesterfelt
BHGRE HAVEN PROPERTIES
Buyer's Agent
Megan Sanchez
Dale Kaiser Real Estate
List Price
$899,000
Sold Price
$855,000
Premium/Discount to List
-$44,000
-4.89%
Views
109
Current Estimated Value
$938,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,223
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Jun 23, 2004
Sold by
Mccarty Gerald D and Mccarty Velma D
Bought by
Mccarty Gerald D and Mccarty Velma D

Purchase Details

Closed on
Oct 15, 1996
Sold by
Auth Geraldine F and Metzler Malcolm A
Bought by
Mccarty Gerald D and Mccarty Velma D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7.86%

Purchase Details

Closed on
Jun 11, 1996
Sold by
Metzler Malcolm A
Bought by
Metzler Malcolm A

Purchase Details

Closed on
Apr 3, 1996
Sold by
Stephens James L and Auth Geraldine F
Bought by
Auth Geraldine F and Metzler Malcolm A
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
Richard And Margie Linder Trust $855,000 First American Title
Mccarty Gerald D -- --
Mccarty Gerald D -- --
Mccarty Gerald D -- First American Title Ins
Mccarty Gerald D $196,000 First American Title Ins
Metzler Malcolm A -- --
Auth Geraldine F $122,431 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarty Gerald D $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $855,000 -4.9% $460 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $899,000 0.0% $484 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $899,000 -- $484 / 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 $3,381 $319,191 $162,852 $156,339
2024 $3,318 $312,933 $159,659 $153,274
2023 $3,318 $306,798 $156,529 $150,269
2022 $3,109 $300,783 $153,460 $147,323
2021 $3,058 $294,886 $150,451 $144,435
2020 $3,026 $291,863 $148,909 $142,954
2019 $2,993 $286,141 $145,990 $140,151
2018 $2,933 $280,531 $143,128 $137,403
2017 $2,874 $275,031 $140,322 $134,709
2016 $2,816 $269,639 $137,571 $132,068
2015 $2,772 $265,590 $135,505 $130,085
2014 $2,544 $260,388 $132,851 $127,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24158642

California Regional Multiple Listing Service (CRMLS)

APN: 066-202-020