NOT LISTED FOR SALE

505 Kern Ave Morro Bay, CA 93442

Estimated Value: $1,165,589 - $1,396,000

3 Beds
3 Baths
2,114 Sq Ft
$600/Sq Ft Est. Value

About This Home

This home is located at 505 Kern Ave, Morro Bay, CA 93442 and is currently estimated at $1,269,147, approximately $600 per square foot. 505 Kern Ave is a home located in San Luis Obispo County with nearby schools including Del Mar Elementary School, Los Osos Middle School, and Morro Bay High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2019
Sold by
O Bar Daniel C and O Bar Barbara G
Bought by
Schulte Christopher and Schulte Jordan
Current Estimated Value
$1,269,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,200
Outstanding Balance
$342,627
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$926,520

Purchase Details

Closed on
Oct 14, 2011
Sold by
Heldoorn Donald B and Heldoorn Wilma L
Bought by
Fishback Christopher and Fishback Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,818
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1997
Sold by
Flippen Christine
Bought by
Heldoorn Donald B and Heldoorn Wilma L

Purchase Details

Closed on
Mar 24, 1995
Sold by
Brooks Betty and Taormina Carole Gayle
Bought by
Flippen William F and Flippen Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
8.6%

Purchase Details

Closed on
Jan 5, 1995
Sold by
Brooks Betty and Taormina Carole Gayle
Bought by
Brooks Betty and Taormina Carole Gayle
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Schulte Christopher $875,000 First American Title Company
Fishback Christopher $520,000 Fidelity National Title Co
Heldoorn Donald B $235,000 Fidelity National Title Co
Flippen William F $240,000 Fidelity National Title
Brooks Betty $76,292 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulte Christopher $522,200
Previous Owner Fishback Christopher $506,818
Previous Owner Flippen William F $145,000
Source: Public Records

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 $6,999 $653,139 $314,008 $339,131
2024 $6,871 $640,333 $307,851 $332,482
2023 $6,871 $627,778 $301,815 $325,963
2022 $6,439 $615,470 $295,898 $319,572
2021 $6,335 $603,403 $290,097 $313,306
2020 $6,270 $597,217 $287,123 $310,094
2019 $6,203 $585,508 $281,494 $304,014
2018 $6,080 $574,028 $275,975 $298,053
2017 $5,959 $562,773 $270,564 $292,209
2016 $5,841 $551,739 $265,259 $286,480
2015 $5,751 $543,452 $261,275 $282,177
2014 $5,279 $532,807 $256,157 $276,650
Source: Public Records

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