NOT LISTED FOR SALE

498 Kodiak St Morro Bay, CA 93442

Estimated Value: $680,000 - $743,000

2 Beds
1 Bath
832 Sq Ft
$842/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2016

Last sale price $325,000 $391 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,031 / mo

5 Days on Market

Highlights

  • Fishing
  • Bay View
  • No HOA
  • Del Mar Elementary School Rated A-
  • Corner Lot
  • 4-minute walk to Del Mar Park

About This Home

As of September 2016

FIX and FLIP !!! This is an amazing opportunity for an investor or contractor/developer. This is a quaint bungalow home perfect size fix and flip for a first time investor.

Last Agent to Sell the Property

Taline Farra

R.F.N Homes License #01385487 Listed on: 08/27/2016

Last Buyer's Agent

Taline Farra

R.F.N Homes License #01385487 Listed on: 08/27/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 2,370 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 832 Sq Ft Home
  • Bay Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 10503
  • Assessor Parcel Number 065067027

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

2,370 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: North Morro Bay (820)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 065067027
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 832.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 390.62

Exterior Features

  • View: Bay, Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2370.00
  • Price Per Lot Square Foot: 126.16

Multi Family

  • Lease Considered: No
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 010503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Wijsen Susannah
Bought by
Wijsen Susannah N and Wijsen Mark L
Current Estimated Value
$700,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$261,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$439,952

Purchase Details

Listed on
Aug 27, 2016
Closed on
Sep 12, 2016
Sold by
Wijsen Mark
Bought by
Wijsen Susannah
Seller's Agent
Taline Farra
R.F.N Homes
Buyer's Agent
Taline Farra
Ivy Investments
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$322,500
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 27, 2016
Closed on
Sep 6, 2016
Sold by
Andrade Norma
Bought by
Wijsen Susannah
Seller's Agent
Taline Farra
R.F.N Homes
Buyer's Agent
Taline Farra
Ivy Investments
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2016
Sold by
Jones Kathleen E
Bought by
Andrade Norma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wijsen Susannah N -- Placer Title Company
Wijsen Susannah -- First American Title Company
Wijsen Susannah $325,000 First American Title Company
Andrade Norma $120,000 Western Resources Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wijsen Susannah N $288,000
Closed Wijsen Susannah $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2016 09/21/16 Sold $325,000 +8.7% $391 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $299,000 -- $359 / 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 $4,087 $377,186 $290,145 $87,041
2024 $4,013 $369,791 $284,456 $85,335
2023 $4,013 $362,541 $278,879 $83,662
2022 $3,761 $355,433 $273,411 $82,022
2021 $3,702 $348,464 $268,050 $80,414
2020 $3,664 $344,892 $265,302 $79,590
2019 $3,626 $338,130 $260,100 $78,030
2018 $3,555 $331,500 $255,000 $76,500
2017 $3,485 $325,000 $250,000 $75,000
2016 $661 $61,673 $14,793 $46,880
2015 $651 $60,747 $14,571 $46,176
2014 $598 $59,558 $14,286 $45,272
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Taline Farra

    R.F.N Homes

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16189481

California Regional Multiple Listing Service (CRMLS)

APN: 065-067-027

California San Luis Obispo County Morro Bay 93442

498 Kodiak St, Morro Bay, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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