NOT LISTED FOR SALE

500 Bernardo Ave Morro Bay, CA 93442

Estimated Value: $1,093,000 - $1,326,000

4 Beds
2 Baths
1,504 Sq Ft
$786/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $640,000 $426 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,119/month

35 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • Bonus Room
  • Del Mar Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of August 2014

Absolutely the most charming affordable Morro Bay beach cottage property, just a vision away from being a totally complete Shangri -La paradise. All the harmonious elements are present in this welcoming 4 bedroom, 1550 sq. ft. gem with endless possibilities to capture any visionary's dream. This most intriguing home offers an artist's studio/ workshop or ideal multi purpose room, and an enclosed patio, all on a great 8621 sq. ft. corner lot including an eye catching gazebo, a three car garage and plenty of room for RV parking. Wonderful views of Morro Rock and the ocean are present in the primary living areas, with abundant windows and skylights embracing natural lighting. Showings by appointment. All Info from third party source, deemed reliable but not guaranteed. Lot Description: level, corner

Last Agent to Sell the Property

Frankie Ciano

Ciano Real Estate, Inc. License #01412309 Listed on: 06/02/2014

Co-Listed By

Steve Stevens

Steve Stevens Realty License #00426683

Last Buyer's Agent

Becky Adams

Becky Adams, Broker License #00880858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,257

Year Built

  • Built in 1944

Lot Details

  • 8,621 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Rock

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Family Room
  • Bonus Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066156030

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,257

Year Built

Built in 1944

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066156030
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Living Area: 1504.00
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 425.53
  • Room Type: Bonus Room, Family Room, Main Floor Master Bedroom
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Workshop
  • View: Ocean, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Disposal, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street, Paved, Corner Lot
  • Lot Size Sq Ft: 8621.00
  • Lot Size Acres: 0.1980

Multi Family

  • Lot Size Area: 8621.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jul 22, 2014
Sold by
Milner Catherine C
Bought by
Garton Alan Lee and Garton Karen Gail
Seller's Agent
Frankie Ciano
Ciano Real Estate, Inc.
Buyer's Agent
Becky Adams
Becky Adams, Broker
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%
Current Estimated Value
$1,182,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,613
Avg. Annual Appreciation
5.73%
Original Mortgage
$160,000
Outstanding Balance
$122,400
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,060,213

Purchase Details

Listed on
Apr 16, 2013
Closed on
May 10, 2013
Sold by
Studer Sam and Granahan Lisa I
Bought by
Milner Catherine C
Seller's Agent
Mary Wulf
Coldwell Banker Premier RE
Buyer's Agent
Frankie Ciano
Ciano Real Estate, Inc.
List Price
$595,000
Sold Price
$608,000
Premium/Discount to List
$13,000
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$417,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
Sold by
Studer Sam
Bought by
Studer Sam and Granahan Lisa I

Purchase Details

Closed on
Jan 4, 2007
Sold by
Studer Earnest and Studer William E
Bought by
Studer Earnest and Studer William E
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
Garton Alan Lee $640,000 Fidelity National Title Co
Milner Catherine C $608,000 Fidelity National Title Co
Studer Sam -- None Available
Studer Earnest -- None Available
Studer Earnest -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garton Alan Lee $160,000
Previous Owner Milner Catherine C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $640,000 -1.5% $426 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $649,900 +6.9% $432 / Sq Ft
06/12/2013 06/12/13 Sold $608,000 +2.2% $392 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $595,000 -- $384 / 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 $8,257 $769,177 $480,737 $288,440
2024 $8,106 $754,096 $471,311 $282,785
2023 $8,106 $739,311 $462,070 $277,241
2022 $7,596 $724,815 $453,010 $271,805
2021 $7,474 $710,604 $444,128 $266,476
2020 $7,397 $703,319 $439,575 $263,744
2019 $7,318 $689,529 $430,956 $258,573
2018 $7,173 $676,009 $422,506 $253,503
2017 $7,031 $662,755 $414,222 $248,533
2016 $6,892 $649,760 $406,100 $243,660
2015 $6,603 $622,961 $435,459 $187,502
2014 $6,132 $610,759 $426,929 $183,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1044716

California Regional Multiple Listing Service (CRMLS)

APN: 066-156-030