Seller's Agent in 2023
Maci Umbertis
RE/MAX
(805) 610-3595
3 in this area
236 Total Sales
500 Downing St Morro Bay, CA 93442
Estimated Value: $781,824 - $877,000
3
Beds
1
Bath
1,045
Sq Ft
$799/Sq Ft
Est. Value
Highlights
- Ocean View
- Wood Flooring
- No HOA
- Del Mar Elementary School Rated A-
- High Ceiling
- Enclosed Patio or Porch
About This Home
As of December 2023Charming Morro Bay Beach Cottage with a Peek-A-Boo View of Morro Rock + Ocean View from the Front Porch! This 3 bed, 1 bath home offers 9' high ceilings, pine wood flooring, and old growth redwood walls. Enter the enclosed front porch with an abundance of windows which offers a great space to enjoy your morning coffee or read a book. Immediately you will notice the charm of the craftsman style door and the redwood walls that encase the entry. From the entry are two nicely sized bedrooms with original windows and natural light. The living area offers a cozy, yet spacious room for entertaining and is adjacent to the kitchen and dining area. The kitchen offers a newer stainless steel gas range and an adorable built in cabinet. The back bedroom is near the kitchen and has a view of Morro Rock, wood plank floors and an attached full bath. There is an indoor laundry room with a recently installed water heater and access to the backyard. The backyard is a true nature lover's retreat with mature plants, a paver patio area to enjoy the sunshine and coastal weather, along with pastoral views and distant mountains showcased from the rear covered porch. Additionally, there are two sheds for ample storage space. All of this within close proximity to the Embarcadero, the beach, restaurants, kayaking & more - don't miss your opportunity to own your slice of paradise on the Central Coast!
Last Agent to Sell the Property
RE/MAX Parkside Real Estate License #01784326 Listed on: 08/22/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1915
Lot Details
- 4,000 Sq Ft Lot
- Back and Front Yard
- Property is zoned R1
Property Views
- Ocean
- Pasture
- Hills
- Rock
Home Design
- Entry on the 1st floor
- Raised Foundation
Interior Spaces
- 1,045 Sq Ft Home
- 1-Story Property
- High Ceiling
- Entryway
- Living Room
Kitchen
- Eat-In Kitchen
- Gas Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Parking Available
- Driveway
Outdoor Features
- Enclosed Patio or Porch
- Shed
Location
- Suburban Location
Schools
- Morro Bay High School
Utilities
- Wall Furnace
- Natural Gas Connected
Community Details
- No Home Owners Association
- Harbor Tract Subdivision
Listing and Financial Details
- Legal Lot and Block 12 / 2
- Assessor Parcel Number 068159011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2023
Closed on
Oct 30, 2023
Sold by
Melody Demeritt 2014 Living Trust
Bought by
Sally Dixon Swan Living Trust and Swan
Seller's Agent
Maci Umbertis
RE/MAX Parkside Real Estate
Buyer's Agent
Amanda Barber
eXp Realty of California, Inc.
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Views
500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,206
Avg. Annual Appreciation
7.29%
Original Mortgage
$507,500
Interest Rate
7.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 2019
Sold by
Demeritt Melody A
Bought by
Demeritt Melody and Melody Demeritt 2014 Living Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2014
Sold by
Demeritt Melody A
Bought by
Demeritt Melody
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sally Dixon Swan Living Trust | $725,000 | Fidelity National Title | |
| Demeritt Melody | -- | Accommodation | |
| Demeritt Melody A | -- | Fidelity National Title Co | |
| Demeritt Melody | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sally Dixon Swan Living Trust | $507,500 | |
| Previous Owner | Demeritt Melody A | $151,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2023 12/27/23 | Sold | $725,000 | 0.0% | $694 / Sq Ft |
| 12/04/2023 12/04/23 | Pending | -- | -- | -- |
| 11/20/2023 11/20/23 | Price Changed | $725,000 | -3.2% | $694 / Sq Ft |
| 10/16/2023 10/16/23 | Price Changed | $749,000 | -3.4% | $717 / Sq Ft |
| 10/06/2023 10/06/23 | Price Changed | $775,000 | -3.0% | $742 / Sq Ft |
| 08/22/2023 08/22/23 | For Sale | $799,000 | -- | $765 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,012 | $739,500 | $499,800 | $239,700 |
| 2024 | $8,012 | $725,000 | $490,000 | $235,000 |
| 2023 | $7,903 | $714,000 | $484,500 | $229,500 |
| 2022 | $7,408 | $700,000 | $475,000 | $225,000 |
| 2021 | $2,388 | $231,804 | $144,132 | $87,672 |
| 2020 | $2,363 | $229,429 | $142,655 | $86,774 |
| 2019 | $2,337 | $224,931 | $139,858 | $85,073 |
| 2018 | $2,289 | $220,521 | $137,116 | $83,405 |
| 2017 | $2,243 | $216,198 | $134,428 | $81,770 |
| 2016 | $2,198 | $211,960 | $131,793 | $80,167 |
| 2015 | $2,163 | $208,777 | $129,814 | $78,963 |
| 2014 | $1,985 | $204,689 | $127,272 | $77,417 |
Source: Public Records
Agents Affiliated with this Home
-
Maci Umbertis
-
Amanda Barber
A
Buyer's Agent in 2023
Amanda Barber
eXp Realty of California, Inc.
(888) 584-9427
5 in this area
35 Total Sales
-
Andrew Romero
Buyer Co-Listing Agent in 2023
Andrew Romero
eXp Realty of California, Inc.
(805) 709-7990
3 in this area
154 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS23156295
APN: 068-159-011
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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