NOT LISTED FOR SALE

490 Kodiak St Morro Bay, CA 93442

Estimated Value: $964,000 - $1,181,000

4 Beds
2.5 Baths
1,800 Sq Ft
$621/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $390,000 $217 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $6,481/month

9 Days on Market

Highlights

  • Ocean View
  • No HOA
  • 1 Car Attached Garage
  • Del Mar Elementary School Rated A-
  • Breakfast Area or Nook
  • 4-minute walk to Del Mar Park

About This Home

As of May 2012

Large Morro Bay home offering 4 bedrooms, 2.5 baths, living and family room with wet bar and firplace. This is a Fannie Mae Homepath Property and is approved for HomePath Mortgage Financing. Qualified owner occupants can purchase this property with as little as 3% down. There is a fist look program in effect and for the first 15 days only owner occupant offers can be submitted.

Last Agent to Sell the Property

Kirk Najarian

West Coast Properties License #01188188 Listed on: 02/29/2012

Last Buyer's Agent

Kirk Najarian

West Coast Properties License #01188188 Listed on: 02/29/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,307

Year Built

  • Built in 1962

Lot Details

  • 2,396 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Level Lot
  • Driveway

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Shingle Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Laminate Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065067028

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,307

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065067028
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 216.67
  • Room Type: Family Room

Exterior Features

  • Foundation: Slab
  • View: Ocean
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Flat
  • Construction Materials: Shingle Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level with Street, Paved, Up Slope from Street
  • Lot Size Sq Ft: 2396.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lot Size Area: 2396.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
May 3, 2012
Sold by
Federal National Mortgage Association
Bought by
Lane Michael Patrick and Lane Heather Danielle
Seller's Agent
Kirk Najarian
West Coast Properties
Buyer's Agent
Kirk Najarian
West Coast Properties
List Price
$369,900
Sold Price
$390,000
Premium/Discount to List
$20,100
5.43%
Current Estimated Value
$1,117,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,049
Avg. Annual Appreciation
8.19%
Original Mortgage
$370,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Lewis Todd
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 1, 2006
Sold by
Johnsen Denney P and Johnsen Margaret D
Bought by
Lewis Todd

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
6.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 12, 2004
Sold by
Johnsen Denney P and Johnsen Margaret D
Bought by
Johnsen Denney P and Johnsen Margaret D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Pilcher Robert G and Pilcher Lawanda
Bought by
Johnsen Denney P and Johnsen Margaret D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1996
Sold by
Pilcher Robert G and Pilcher Lawanda
Bought by
Pilcher Robert G and Pilcher Lawanda
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
Lane Michael Patrick $390,000 Servicelink
Federal National Mortgage Association $439,459 Accommodation
Lewis Todd $500,000 First American Title Co
Johnsen Denney P -- Fidelity Title Company
Johnsen Denney P $480,000 Fidelity Title Company
Pilcher Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Michael Patrick $360,000
Closed Lane Michael Patrick $370,500
Previous Owner Lewis Todd $100,000
Previous Owner Lewis Todd $400,000
Previous Owner Johnsen Denney P $25,000
Previous Owner Johnsen Denney P $384,000
Previous Owner Pilcher Robert G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold $390,000 0.0% $217 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
03/09/2012 03/09/12 Price Changed $389,900 +5.4% $217 / Sq Ft
02/29/2012 02/29/12 For Sale $369,900 -- $206 / 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 $5,307 $489,849 $251,206 $238,643
2024 $5,212 $480,245 $246,281 $233,964
2023 $5,212 $470,829 $241,452 $229,377
2022 $4,885 $461,598 $236,718 $224,880
2021 $4,807 $452,548 $232,077 $220,471
2020 $4,758 $447,909 $229,698 $218,211
2019 $4,709 $439,128 $225,195 $213,933
2018 $4,616 $430,519 $220,780 $209,739
2017 $4,526 $422,078 $216,451 $205,627
2016 $4,437 $413,803 $212,207 $201,596
2015 $4,369 $407,588 $209,020 $198,568
2014 $4,012 $399,605 $204,926 $194,679
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC184359

California Regional Multiple Listing Service (CRMLS)

APN: 065-067-028