K
Seller's Agent in 2018
Kirby Gordon
Gordon & Gordon
537 Kings Ave Morro Bay, CA 93442
Estimated Value: $1,728,000 - $1,978,000
6
Beds
4
Baths
4,079
Sq Ft
$451/Sq Ft
Est. Value
Highlights
- Peek-A-Boo Views
- Contemporary Architecture
- No HOA
- Del Mar Elementary School Rated A-
- Recreation Room
- Home Gym
About This Home
As of January 2018Perfect for the investor or owner-occupant with a large owner's unit in the rear with a peek of the ocean and Morro Rock, a smaller two bedroom unit in the middle and a two bedroom unit downstairs plus a large laundry and rec room. Small income units that offer this much flexibility are hard to find. The large lot has plenty of parking. One garage was converted to a rec room with bath and with permit (529 square feet) and two others are used for storage. These can be rented for additional income. If you are looking for a 1031 Replacement property this would be a good choice.
Last Agent to Sell the Property
Kirby Gordon
Gordon & Gordon License #00481105 Listed on: 04/01/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977 | Remodeled
Lot Details
- 9,500 Sq Ft Lot
- Lot Dimensions are 50 x 190
- Two or More Common Walls
- Wood Fence
- Fence is in average condition
- Rectangular Lot
Parking
- 4 Open Parking Spaces
- 3 Car Garage
- 4 Attached Carport Spaces
- Parking Available
- Off-Street Parking
- Assigned Parking
Home Design
- Triplex
- Contemporary Architecture
- Slab Foundation
- Rolled or Hot Mop Roof
- Asbestos Shingle Roof
- Fiberglass Roof
- Wood Siding
- Stucco
Interior Spaces
- 4,079 Sq Ft Home
- 2-Story Property
- Built-In Features
- Double Pane Windows
- Drapes & Rods
- Window Screens
- Recreation Room
- Home Gym
- Carpet
- Peek-A-Boo Views
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Ceramic Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Private Sewer
- Sewer Paid
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Legal Lot and Block 8 / 6
- Assessor Parcel Number 066164004
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $550
- Gardener Expense $1,200
- Insurance Expense $1,200
- Maintenance Expense $1,950
- Other Expense $750
- Trash Expense $1,068
- Water Sewer Expense $2,500
- New Taxes Expense $11,500
- Operating Expense $19,968
- Gross Income $70,980
- Net Operating Income $51,012
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 15, 2020
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Jun 12, 2020
Sold by
Bought by
Purchase Details
Closed on
Jun 10, 2020
Sold by
Bought by
Purchase Details
Listed on
Apr 1, 2017
Closed on
Mar 22, 2018
Sold by
Bought by
Seller's Agent
Kirby Gordon
Gordon & Gordon
Buyer's Agent
James Molnar
James Molnar Realty
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Purchase Details
Listed on
Apr 1, 2017
Closed on
Dec 20, 2017
Sold by
Bought by
Seller's Agent
Kirby Gordon
Gordon & Gordon
Buyer's Agent
James Molnar
James Molnar Realty
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Purchase Details
Closed on
Nov 16, 2017
Sold by
Bought by
Purchase Details
Closed on
Feb 10, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0467%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 26, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0467%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 8, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 27, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
0.0583%
Purchase Details
Closed on
Nov 20, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
0.0673%
Purchase Details
Closed on
Oct 2, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
0.0673%
Purchase Details
Closed on
Oct 12, 2000
Sold by
Bought by
Purchase Details
Closed on
Jul 31, 1997
Sold by
Bought by
Purchase Details
Closed on
Oct 23, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $260,000 | Accommodation | ||
| $260,000 | Accommodation | ||
| $260,000 | Accommodation | ||
| -- | Fnt Santa Maria Escrow Cost | ||
| $1,050,000 | Fidelity National Title Co | ||
| $1,050,000 | First American Title Co | ||
| -- | None Available | ||
| -- | First American Title Company | ||
| $1,000,000 | First American Title Company | ||
| -- | Fidelity Title Company | ||
| -- | Fidelity Title Company | ||
| $115,000 | Chicago Title Co | ||
| $181,500 | Chicago Title Co | ||
| -- | -- | ||
| -- | -- | ||
| $278,000 | Chicago Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $300,000 | ||
| Closed | $397,000 | ||
| Closed | $363,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/25/2018 01/25/18 | Sold | $1,050,000 | -3.2% | $257 / Sq Ft |
| 12/08/2017 12/08/17 | Pending | -- | -- | -- |
| 11/16/2017 11/16/17 | Price Changed | $1,085,000 | -0.5% | $266 / Sq Ft |
| 07/31/2017 07/31/17 | Price Changed | $1,090,000 | -0.9% | $267 / Sq Ft |
| 04/01/2017 04/01/17 | For Sale | $1,100,000 | -- | $270 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $12,901 | $1,190,673 | $622,397 | $568,276 |
| 2024 | $12,668 | $1,167,328 | $610,194 | $557,134 |
| 2023 | $12,668 | $1,144,440 | $598,230 | $546,210 |
| 2022 | $11,874 | $1,122,000 | $586,500 | $535,500 |
| 2021 | $11,685 | $1,100,000 | $575,000 | $525,000 |
| 2020 | $11,604 | $1,092,420 | $520,200 | $572,220 |
| 2019 | $11,484 | $1,071,000 | $510,000 | $561,000 |
| 2018 | $11,259 | $1,050,000 | $500,000 | $550,000 |
| 2017 | $8,578 | $800,000 | $450,000 | $350,000 |
| 2016 | $7,774 | $725,000 | $400,000 | $325,000 |
| 2015 | $6,968 | $650,000 | $375,000 | $275,000 |
| 2014 | $5,773 | $575,000 | $325,000 | $250,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
James Molnar
Buyer's Agent in 2018
James Molnar
James Molnar Realty
(805) 459-6448
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI17064677
APN: 066-164-004
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.
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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