Seller's Agent in 2023
Jack Posemsky
Jack Posemsky Real Estate
(805) 927-4777
2 in this area
160 Total Sales
490 Island St Morro Bay, CA 93442
Estimated Value: $682,000 - $811,000
3
Beds
2
Baths
1,086
Sq Ft
$663/Sq Ft
Est. Value
Highlights
- Fishing
- Primary Bedroom Suite
- Mountain View
- Del Mar Elementary School Rated A-
- Open Floorplan
- 2-minute walk to Del Mar Park
About This Home
As of May 2023North Morro Bay Single Level 3 bedroom 2 bath home at the private end of Island Street near Del Mar Park. Great location where the Family and Pets can enjoy the park grounds and amenities just steps away. This is a well maintained easy living home with newer kitchen, interior paint and laminate flooring throughout. The kitchen opens to the spacious living room and dining area. The Master bedroom suite is separate from the 2 bedrooms and guest bathroom. A large 2 car attached and covered carport with laundry area. Close to shopping and the beach make this a true find! Not seen on market in many years Now offered for $725,000.
Last Agent to Sell the Property
Jack Posemsky Real Estate License #01184353 Listed on: 10/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,544
Year Built
- Built in 1960
Lot Details
- 2,200 Sq Ft Lot
- Property fronts a county road
- Level Lot
- Property is zoned 10
Parking
- 2 Car Garage
- 2 Attached Carport Spaces
- Parking Available
- Driveway Level
Property Views
- Mountain
- Park or Greenbelt
- Neighborhood
Home Design
- Traditional Architecture
- Cosmetic Repairs Needed
- Slab Foundation
- Tar and Gravel Roof
- Wood Siding
Interior Spaces
- 1,086 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Skylights
- Family Room Off Kitchen
- Laminate Flooring
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Formica Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- Formica Counters In Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Carport
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Satellite Dish
- Cable TV Available
Additional Features
- Slab Porch or Patio
- Property is near a park
Listing and Financial Details
- Legal Lot and Block 21 / 6
- Assessor Parcel Number 065075045
Community Details
Overview
- No Home Owners Association
- North Morro Bay Subdivision
Recreation
- Fishing
- Park
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2022
Closed on
May 11, 2023
Sold by
Weber Ines
Bought by
Amitage Corporation
Seller's Agent
Jack Posemsky
Jack Posemsky Real Estate
Buyer's Agent
Jack Posemsky
Jack Posemsky Real Estate
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%
Views
426
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,610
Avg. Annual Appreciation
4.80%
Original Mortgage
$300,000
Outstanding Balance
$296,441
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$423,169
Purchase Details
Closed on
Sep 30, 2022
Sold by
Ines Weber Family Trust
Bought by
Weber Ines
Purchase Details
Closed on
Oct 24, 1997
Sold by
Weber Ines
Bought by
Weber Ines
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amitage Corporation | $650,000 | First American Title | |
| Weber Ines | -- | First American Title | |
| Weber Ines | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amitage Corporation | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2023 05/23/23 | Sold | $650,000 | -6.5% | $599 / Sq Ft |
| 03/18/2023 03/18/23 | Price Changed | $695,000 | -4.1% | $640 / Sq Ft |
| 10/10/2022 10/10/22 | For Sale | $725,000 | -- | $668 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,544 | $663,000 | $433,500 | $229,500 |
| 2023 | $1,544 | $139,455 | $53,316 | $86,139 |
| 2022 | $1,447 | $136,721 | $52,271 | $84,450 |
| 2021 | $1,424 | $134,042 | $51,247 | $82,795 |
| 2020 | $1,409 | $132,669 | $50,722 | $81,947 |
| 2019 | $1,395 | $130,069 | $49,728 | $80,341 |
| 2018 | $1,367 | $127,519 | $48,753 | $78,766 |
| 2017 | $1,341 | $125,020 | $47,798 | $77,222 |
| 2016 | $1,314 | $122,569 | $46,861 | $75,708 |
| 2015 | $1,294 | $120,729 | $46,158 | $74,571 |
| 2014 | $1,188 | $118,365 | $45,254 | $73,111 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC22217836
APN: 065-075-045
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