NOT LISTED FOR SALE

491 Luzon St Morro Bay, CA 93442

Estimated Value: $693,378 - $780,000

2 Beds
1 Bath
1,030 Sq Ft
$728/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $469,000 $455 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,595/month

20 Days on Market

Highlights

  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • No HOA
  • Del Mar Elementary School Rated A-
  • L-Shaped Dining Room
  • 4-minute walk to Del Mar Park

About This Home

As of November 2015

This beautifully renovated cute and cozy bungalow welcomes you with designer touches. This truely is a turn-key property in beautiful Morro Bay with lovely details including vaulted wood ceilings, granite countertops, stainless appliances, glass tile etc. Backyard with nice sundeck and a peek of the ocean, 1 car garage and carport for parking. This home would make a great vacation home or amazing primary residence for a lucky homeowner.

Last Agent to Sell the Property

Barry Purchase

Purchase Real Estate License #01010459 Listed on: 09/16/2015

Last Buyer's Agent

Cecilia Aiello

Coast & County Brokers License #01960654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 1970

Lot Details

  • 2,400 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Property is zoned R,SFR

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,030 Sq Ft Home
  • Cathedral Ceiling
  • L-Shaped Dining Room
  • Laundry Room
  • Property Views

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065063026

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,015

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Subdivision Name Other: North Morro Bay(820)
  • View: Yes
  • Zoning: R,SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065063026
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Living Area: 1030.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 455.34
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Foundation: Raised
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lot Size Area: 2400.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Martin Venero Diana
Bought by
Martin Jonathan
Current Estimated Value
$747,768

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
3.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 20, 2020
Sold by
Martin Jonathan and Venero Diana Carollna
Bought by
Martin Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2015
Closed on
Oct 19, 2015
Sold by
Pageburn Properties Llc
Bought by
Martin Jonathan
Seller's Agent
Barry Purchase
Purchase Real Estate
Buyer's Agent
Cecilia Aiello
Coast & County Brokers
List Price
$479,000
Sold Price
$469,000
Premium/Discount to List
-$10,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$375,200
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Salwasser Charlotte Ellen
Bought by
Pageburn Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.64%
Mortgage Type
New Conventional
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
Martin Jonathan -- Placer Title
Martin Jonathan -- Orange Coast Title Company
Martin Jonathan $469,000 Fidelity National Title Co
Pageburn Properties Llc $345,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jonathan $125,000
Previous Owner Martin Jonathan $100,000
Previous Owner Martin Jonathan $352,000
Previous Owner Martin Jonathan $353,000
Previous Owner Martin Jonathan $377,300
Previous Owner Martin Jonathan $375,200
Previous Owner Pageburn Properties Llc $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $469,000 -2.1% $455 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $479,000 +38.8% $465 / Sq Ft
06/16/2015 06/16/15 Sold $345,000 -- $335 / 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 $6,015 $555,192 $414,325 $140,867
2024 $6,015 $544,306 $406,201 $138,105
2023 $5,907 $533,635 $398,237 $135,398
2022 $5,536 $523,173 $390,429 $132,744
2021 $5,741 $512,916 $382,774 $130,142
2020 $5,393 $507,658 $378,850 $128,808
2019 $5,337 $497,705 $371,422 $126,283
2018 $5,232 $487,947 $364,140 $123,807
2017 $5,129 $478,380 $357,000 $121,380
2016 $5,029 $469,000 $350,000 $119,000
2015 $2,551 $237,988 $129,814 $108,174
2014 $2,343 $233,328 $127,272 $106,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1059255

California Regional Multiple Listing Service (CRMLS)

APN: 065-063-026