NOT LISTED FOR SALE

490 Whidbey St Morro Bay, CA 93442

Estimated Value: $852,000 - $961,000

3 Beds
2 Baths
1,320 Sq Ft
$686/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2020

Last sale price $660,000 $500 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,448 / mo

2 Days on Market

Highlights

  • Ocean View
  • Spa
  • Fireplace in Primary Bedroom
  • Del Mar Elementary School Rated A-
  • RV Access or Parking
  • Main Floor Bedroom

About This Home

As of July 2020

Peaceful beach retreat in Morro Bay! 490 Whidbey is where tranquility meets income potential. This rare opportunity offers a 2 bedroom 1 bath, single-level main home with a permitted 1 bedroom 1 bath above the garage. An abundance of natural light cheerfully illuminates the main house. Tile floors and open wood beam ceilings keep the beach lifestyle easy to maintain. The 1 bedroom 1 bath, upstairs unit, will have you staring at the ocean all day long! Enjoy the sunsets right from the comfort of your captain's retreat. Proximity to the beach allows for surfing, strolls with the dog, and much more. The serene landscape in the backyard is the perfect setting for a soak in the hot tub after a long day of coastal adventures. There is also RV parking with ocean breezes for your guests or RV storage. The 220V wired in the garage is perfect for shop projects! All while lowering your carbon footprint with an owned NOT leased solar system! If you have been scouring the coast for the ideal investment, then seeing this property is a must. Call your Realtor today and schedule a private tour.

Last Agent to Sell the Property

Chris Langley

Compass License #01829259 Listed on: 06/17/2020

Compass

Last Buyer's Agent

Rebecca Repetto

RE/MAX Success License #01925238

RE/MAX Success

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 3,600 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Electric Fireplace
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar owned by seller

Outdoor Features

  • Spa
  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Heating Available
  • 220 Volts in Garage
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Morro Bay Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 065033018

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

3,600 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Hot tub, Solar System, Washer, Dryer
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Morro Bay (820)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065033018
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1320.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Master Bedroom, Electric
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 500.00
  • Room Type: Main Floor Bedroom
  • Spa Features: Private
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Ocean
  • Patio And Porch Features: Stone, Wood
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Electric: 220 Volts in Garage, Photovoltaics Seller Owned
  • Heating Type: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0826

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3600.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 105.03
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jun 25, 2020
Sold by
Morgan Dana L
Bought by
Mahoney Derek
Seller's Agent
Chris Langley
Compass
Buyer's Agent
Rebecca Repetto
RE/MAX Success
List Price
$649,000
Sold Price
$660,000
Premium/Discount to List
$11,000
1.69%
Current Estimated Value
$905,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,986
Avg. Annual Appreciation
5.63%

Purchase Details

Listed on
Dec 30, 2013
Closed on
Feb 4, 2014
Sold by
Fannie Mae
Bought by
Morgan Dana L
Seller's Agent
Kirk Najarian
West Coast Properties
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$379,900
Sold Price
$381,000
Premium/Discount to List
$1,100
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$342,900
Interest Rate
4.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2013
Sold by
Maglio Christopher Todd
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2003
Sold by
Frazier Norma G
Bought by
Maglio Christopher Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2002
Sold by
Frazier Jeffrey D and Frazier Karen A
Bought by
Frazier Norma G
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
Mahoney Derek $660,000 First American Title Company
Morgan Dana L $381,000 Old Republic Title Company
Federal National Mortgage Association $412,368 Accommodation
Maglio Christopher Todd $325,000 Fidelity Title Company
Frazier Norma G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Dana L $342,900
Previous Owner Maglio Christopher Todd $260,000
Closed Maglio Christopher Todd $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2020 07/22/20 Sold $660,000 +1.7% $500 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $649,000 +70.3% $492 / Sq Ft
02/20/2014 02/20/14 Sold $381,000 +0.3% $289 / Sq Ft View Prior Sale
01/24/2014 01/24/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $379,900 -- $288 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,740 $714,403 $460,033 $254,370
2024 $7,601 $700,396 $451,013 $249,383
2023 $7,601 $686,664 $442,170 $244,494
2022 $7,124 $673,200 $433,500 $239,700
2021 $7,011 $660,000 $425,000 $235,000
2020 $4,536 $427,056 $280,221 $146,835
2019 $4,489 $418,683 $274,727 $143,956
2018 $4,401 $410,475 $269,341 $141,134
2017 $4,315 $402,427 $264,060 $138,367
2016 $4,230 $394,537 $258,883 $135,654
2015 $4,166 $388,612 $254,995 $133,617
2014 $3,624 $330,000 $225,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC20116577

California Regional Multiple Listing Service (CRMLS)

APN: 065-033-018

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