$499,000
SOLD JUL 11, 2025

490 Morro Ave Unit 5 Morro Bay, CA 93442

1 Bed
1 Bath
530 Sq Ft
$275/mo HOA Fee

Recently Sold

$942 Per Sq Ft

3% Below List Price

136 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Wood Flooring
  • Great Room
  • Del Mar Elementary School Rated A-
  • End Unit
  • Granite Countertops

About This Home

As of July 2025

Charming 1-Bedroom Condo Near Embarcadero! Your coastal escape awaits in this delightful 1-bedroom end unit condo, just steps from the picturesque Embarcadero and a leisurely walk to downtown Morro Bay. This cozy living space is filled with natural light and features a well-appointed kitchen ready for your culinary creations. The inviting bedroom ensures restful nights. With a prime location near shops and dining, this condo offers the best of coastal living. Schedule a viewing today and make this charming retreat your own!

Last Agent to Sell the Property

Lorraine Sterkel

Horizon Realty & Property Mgt Brokerage Phone: 805-440-6853 License #00648760 Listed on: 01/22/2025

Last Buyer's Agent

Bob Bennett

Horizon Realty & Property Mgt License #01875031

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $275 Monthly HOA Fees

Interior Spaces

  • 530 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Carport
  • Parking Available
  • Driveway Level
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Community Details

  • Front Yard Maintenance
  • Master Insurance
  • 7 Units
  • Rusty Anchor Association
  • Each Owner HOA
  • Embarcadero Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 655
  • Assessor Parcel Number 066179005
  • $375 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,938

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Embarcadero(750)
  • View: No
  • Zoning: R2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 066179005
  • Year Built: 1978
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 530.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 941.51
  • Room Type: Great Room
  • Bathroom Features: Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Driveway Level, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Heating Type: Baseboard, Electric, Fireplace(s)
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer, Sewer Assessments
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Maintenance Front Yard
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Rusty Anchor
  • Phone: each owner
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: each owner

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: 530.00
  • Lot Size Acres: 0.0122

Multi Family

  • Lease Considered: No
  • Lot Size Area: 530.0000 Square Feet
  • Number Of Units In Community: 7
  • Number Of Units Total: 7
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 106.02
  • Tax Lot: A
  • Tax Tract Number: 655
  • TaxOtherAnnualAssessmentAmount: 374.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Jul 2, 2025
Sold by
Nanine Van Draanen Trust and Van Draanen Nanine
Bought by
Susan Teresa Hay Family Trust and Hay
Seller's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
Buyer's Agent
Bob Bennett
Horizon Realty & Property Mgt
List Price
$515,000
Sold Price
$499,000
Premium/Discount to List
-$16,000
-3.11%
Views
187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.87%

Purchase Details

Listed on
Sep 25, 2015
Closed on
Oct 20, 2015
Sold by
Garrett Patricia
Bought by
Vandraanen Nanine
Seller's Agent
Chris Bath
Coast Realty
Buyer's Agent
Nicolette Harley- Barth
The Harley Group
List Price
$319,000
Sold Price
$307,000
Premium/Discount to List
-$12,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Muratet John
Bought by
Garrett Patricia

Purchase Details

Closed on
Jan 21, 2003
Sold by
Oxman Murray L
Bought by
Muratet John and Garrett Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
5.93%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Stach Otto J and Stach Helga A
Bought by
Oxman Murray L

Purchase Details

Closed on
May 9, 1996
Sold by
Stach Otto J and Stach Helga A
Bought by
Stach Otto J and Stach Helga A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,700
Interest Rate
7.05%

Purchase Details

Closed on
Mar 18, 1996
Sold by
Stach Otto J and Stach Helga A
Bought by
Stach Otto J and Stach Helga A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,700
Interest Rate
7.05%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $499,000 First American Title
Grant Deed $307,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $235,000 Cuesta Title Company
Grant Deed $118,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,100 Credit Line Revolving
Previous Owner $227,950 No Value Available
Previous Owner $78,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $499,000 0.0% $942 / Sq Ft
04/22/2025 04/22/25 Price Changed $499,000 -3.1% $942 / Sq Ft
01/22/2025 01/22/25 For Sale $515,000 +67.8% $972 / Sq Ft
11/23/2015 11/23/15 Sold $307,000 -3.8% $579 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $319,000 -- $602 / 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 $3,938 $363,418 $266,351 $97,067
2024 $3,866 $356,293 $261,129 $95,164
2023 $3,866 $349,308 $256,009 $93,299
2022 $3,624 $342,460 $250,990 $91,470
2021 $3,566 $335,746 $246,069 $89,677
2020 $3,530 $332,304 $243,546 $88,758
2019 $3,493 $325,789 $238,771 $87,018
2018 $3,425 $319,402 $234,090 $85,312
2017 $3,358 $313,140 $229,500 $83,640
2016 $3,292 $307,000 $225,000 $82,000
2015 $2,961 $283,185 $108,452 $174,733
2014 $1,968 $203,000 $80,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25016127

California Regional Multiple Listing Service (CRMLS)

APN: 066-179-005