NOT LISTED FOR SALE

500 Bernardo Ave Morro Bay, CA 93442

Estimated Value: $990,000 - $1,328,000

4 Beds
2 Baths
1,504 Sq Ft
$764/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2014

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

Est. 80% increase in value since last sale

Current estimated payment $6,740 / mo

About This Home

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

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
$1,149,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,408
Avg. Annual Appreciation
5.15%
Original Mortgage
$160,000
Outstanding Balance
$121,689
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,027,719

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
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 List to Sale Price per Sq Ft Prior Sale
08/22/2014 08/22/14 Sold $640,000 -1.5% $426 / Sq Ft View Prior Sale
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 View Prior Sale
05/02/2013 05/02/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $595,000 -- $384 / Sq Ft

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

  • Frankie Ciano

    Seller's Agent in 2014

    Frankie Ciano

    Ciano Real Estate, Inc.

    (805) 748-1026

    12 in this area

    58 Total Sales

    Frankie Ciano
    Section Image

  • S

    Seller Co-Listing Agent in 2014

    Steve Stevens

    Steve Stevens Realty

    Section Image

  • B

    Buyer's Agent in 2014

    Becky Adams

    Becky Adams, Broker

  • M

    Seller's Agent in 2013

    Mary Wulf

    Coldwell Banker Premier RE

    Section Image

  • V

    Seller Co-Listing Agent in 2013

    Victoria Petty

    Coldwell Banker Premier RE

See All Agents

Map

California San Luis Obispo County Morro Bay 93442

500 Bernardo Ave, Morro Bay, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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