NOT LISTED FOR SALE

525 Kings Ave Morro Bay, CA 93442

Estimated Value: $870,779 - $940,000

2 Beds
1.5 Baths
984 Sq Ft
$921/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $594,000 $604 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,416/month

1 Day on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Bonus Room
  • Del Mar Elementary School Rated A-
  • Main Floor Bedroom
  • Sun or Florida Room

About This Home

As of April 2020

Welcome to 525 Kings Avenue, nestled in beautiful Morro Bay Heights!
Take a step back in time, come sit on the porch and watch the days go by! This precious cottage boasts 984+-sf, two bedrooms, 1.5 baths, plus a large enclosed sun room to boot that offers tons of natural lighting! Enter the living room where you will be drawn to an inviting fireplace, creating that warm and cozy atmosphere. Most of the interiors have been freshly painted in an easy, neutral color including white kitchen cabinets. Single car detached garage plus a separate workshop located behind the garage with its own entrance, a great room for hobbies or storage! Raised beds in the back yard and several fruit trees including an orange, fuji apple, avocado and even a pineapple guava tree, plus gorgeous mature landscape you find in the coastal climates that grow beautifully on this nice size lot. Come with all your ideas, there is plenty of room for you gardeners and tons of space for entertaining and BBQ’s. Close to the famous Morro Rock, downtown Embarcadero with lots of nearby restaurants & shopping, Morro Strand Beach and more! Don’t delay, call your Realtor today!

Last Agent to Sell the Property

Michelle Brown

Merrill & Associates Real Estate License #01455656 Listed on: 03/08/2020

Last Buyer's Agent

Teri Williams

Keller Williams Realty Central Coast License #01474102

Keller Williams Realty Central Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 1951

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Private Yard
  • Garden
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned 20

Parking

  • 1 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Single Garage Door
  • Driveway Up Slope From Street

Property Views

  • Mountain
  • Hills

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Bay Window
  • Window Screens
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 10 / 6
  • Assessor Parcel Number 066164028

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,039

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: 20
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066164028
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 984.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Front Door/Back Side Door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room, In Living Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 603.66
  • Room Type: Bonus Room, Family Room, Laundry, Main Floor Bedroom, Sun, Workshop
  • Window Features: Bay Window(s), Screens
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s), Workshop
  • View: Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Concrete, Covered, Patio Open, Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Up Slope From Street, Garage Faces Front, Garage - Single Door, Workshop in Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Storm Drains, Street Lights, Suburban

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Garden, Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 106.02
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Apr 21, 2020
Sold by
White Norma J
Bought by
White Robert L
Seller's Agent
Michelle Brown
Merrill & Associates Real Estate
Buyer's Agent
Teri Williams
Keller Williams Realty Central Coast
List Price
$589,000
Sold Price
$594,000
Premium/Discount to List
$5,000
0.85%
Current Estimated Value
$906,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,445
Avg. Annual Appreciation
8.73%
Original Mortgage
$475,200
Outstanding Balance
$424,322
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$507,621

Purchase Details

Listed on
Mar 8, 2020
Closed on
Apr 20, 2020
Sold by
White Robert L
Bought by
Lee Dennis E and May Linda H
Seller's Agent
Michelle Brown
Merrill & Associates Real Estate
Buyer's Agent
Teri Williams
Keller Williams Realty Central Coast
List Price
$589,000
Sold Price
$594,000
Premium/Discount to List
$5,000
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,200
Outstanding Balance
$424,322
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$507,621

Purchase Details

Closed on
Aug 4, 2011
Sold by
Williams Craig David
Bought by
White Ii Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,734
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Mar 20, 1998
Sold by
Williams Joyce E
Bought by
Williams Joyce E
Source: Public Records

Range of Values:

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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
White Robert L -- First American Title Company
Lee Dennis E $594,000 First American Title Company
White Ii Robert L $285,000 Fidelity National Title Co
Williams Joyce E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Dennis E $475,200
Previous Owner White Ii Robert L $265,734
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $594,000 +0.8% $604 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/08/2020 03/08/20 For Sale $589,000 -- $599 / 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 $7,039 $649,621 $453,860 $195,761
2024 $6,911 $636,884 $444,961 $191,923
2023 $6,911 $624,397 $436,237 $188,160
2022 $6,478 $612,155 $427,684 $184,471
2021 $6,375 $600,153 $419,299 $180,854
2020 $3,477 $327,317 $229,698 $97,619
2019 $3,441 $320,900 $225,195 $95,705
2018 $3,373 $314,609 $220,780 $93,829
2017 $3,307 $308,441 $216,451 $91,990
2016 $3,242 $302,394 $212,207 $90,187
2015 $3,193 $297,853 $209,020 $88,833
2014 $2,932 $292,019 $204,926 $87,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20049314

California Regional Multiple Listing Service (CRMLS)

APN: 066-164-028