NOT LISTED FOR SALE

486 Bernardo Ave Morro Bay, CA 93442

Estimated Value: $1,034,000 - $1,163,000

2 Beds
2 Baths
1,300 Sq Ft
$846/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $950,000 $731 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,732/month

30 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • No HOA
  • Del Mar Elementary School Rated A-
  • Fishing
  • Hiking Trails

About This Home

As of January 2024

In the Heights! This is a lovely 2 Bedroom 2 bath home has been lovingly cared for. The view is incredible. Just a short walk will take you almost anywhere in Morro Bay. Close to shopping, restaurants, the beach and the Rock

Last Agent to Sell the Property

Janne Reddell

Bayshore Realty License #01193399 Listed on: 11/09/2023

Last Buyer's Agent

Lisa Mia

BHGRE HAVEN PROPERTIES License #01945215

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,499

Year Built

  • Built in 1987

Lot Details

  • 5,581 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Views of a landmark

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • $147,511 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,499

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Range, Refrigerator, dishwasher, washer and dryer
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 730.77
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Landmark, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 5581.00
  • Lot Size Acres: 0.1281

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5581.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • TaxOtherAnnualAssessmentAmount: 147511.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 13, 2023
Sold by
Esther Smith Trust
Bought by
Galloway Family Trust and Galloway
Seller's Agent
Janne Reddell
Bayshore Realty
Buyer's Agent
Lisa Mia
BHGRE HAVEN PROPERTIES
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Views
115
Current Estimated Value
$1,099,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,310
Avg. Annual Appreciation
9.50%
Original Mortgage
$150,000
Outstanding Balance
$147,669
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$960,797

Purchase Details

Closed on
Jul 6, 2022
Sold by
Esther Smith
Bought by
Esther Smith Trust

Purchase Details

Closed on
Nov 28, 1997
Sold by
Smith Esther
Bought by
Smith Esther and Esther Smith Trust Agreement
Source: Public Records

Range of Values:

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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
Galloway Family Trust $950,000 First American Title
Esther Smith Trust -- None Listed On Document
Smith Esther -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galloway Family Trust $150,000
Closed Galloway Family Trust $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $950,000 0.0% $731 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $950,000 -4.9% $731 / Sq Ft
11/19/2023 11/19/23 For Sale $999,000 +5.2% $768 / Sq Ft
11/18/2023 11/18/23 Off Market $950,000 -- --
11/09/2023 11/09/23 For Sale $999,000 -- $768 / 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 $10,499 $969,000 $561,000 $408,000
2024 $1,633 $950,000 $500,000 $450,000
2023 $1,633 $154,511 $23,071 $131,440
2022 $1,529 $151,482 $22,619 $128,863
2021 $1,503 $148,513 $22,176 $126,337
2020 $1,487 $146,991 $21,949 $125,042
2019 $1,470 $144,110 $21,519 $122,591
2018 $1,440 $141,286 $21,098 $120,188
2017 $1,410 $138,517 $20,685 $117,832
2016 $1,381 $135,802 $20,280 $115,522
2015 $1,359 $133,763 $19,976 $113,787
2014 $1,246 $131,144 $19,585 $111,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23208374

California Regional Multiple Listing Service (CRMLS)

APN: 066-194-015