NOT LISTED FOR SALE

540 Walnut St Morro Bay, CA 93442

Estimated Value: $1,153,000 - $1,370,000

2 Beds
2 Baths
1,285 Sq Ft
$945/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $725,000 $564 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,222/month

6 Days on Market

Highlights

  • Marina View
  • Deck
  • L-Shaped Dining Room
  • Del Mar Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 4-minute walk to Bayshore Bluffs Park

About This Home

As of May 2016

Exquisite Single Level Morro Bay Home in an exquisite location. This Morro Heights beauty sits just above Morro Bay's historical Cannery Row and offers the best of all worlds!A complete Photo Tour is available at (highlight and paste the following into your browser): http://www.tourfactory.com/idxr1529846 Gorgeous curb-appeal sets the stage for what's inside---A squeaky-clean, immaculately remodeled Bayside retreat! Enjoy your morning coffee while you watch the sailboats drift by. Finish your day watching a world-class Morro Coast Sunset from the comfort of your classy and comfortable Chateau. For a complete Virtual Tour, visit: http://www.tourfactory.com/idxr1529846 The home is being sold with substantially ALL FURNISHINGS INCLUDED, should that be of interest to a prospective buyer. Lot Description: 50' X 125' SEE REMARKS

Last Agent to Sell the Property

Greg Astle

Greg Astle, Broker License #00687207 Listed on: 03/30/2016

Last Buyer's Agent

Greg Astle

Greg Astle, Broker License #00687207 Listed on: 03/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,299

Year Built

  • Built in 1965

Lot Details

  • 6,251 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Marina
  • Bay
  • Peek-A-Boo

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,285 Sq Ft Home
  • Family Room
  • L-Shaped Dining Room
  • Vinyl Flooring

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Morro Heights Association

Listing and Financial Details

  • Assessor Parcel Number 066257014

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,299

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Subdivision Name Other: Morro Heights(810)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066257014
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Living Area: 1285.00
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 564.20
  • Room Type: Family Room, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Bay, Marina, Peek-A-Boo
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooking, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Name: MORRO HEIGHTS
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Level with Street, Paved, Sprinkler System
  • Lot Size Sq Ft: 6251.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 15, 2016
Sold by
Herman Raymond A and Herman Judith A
Bought by
Kasanke Thomas E and Fam Barbara L Kosanke
Seller's Agent
Greg Astle
Greg Astle, Broker
Buyer's Agent
Greg Astle
Greg Astle, Broker
List Price
$729,000
Sold Price
$725,000
Premium/Discount to List
-$4,000
-0.55%
Current Estimated Value
$1,214,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,888
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Herman Raymond A and Herman Judith Ann
Bought by
Herman Raymond A and Herman Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
8.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 3, 2000
Sold by
Grubbs Otis D
Bought by
Herman Raymond A and Herman Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
8.15%
Mortgage Type
Stand Alone First
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
Kasanke Thomas E $725,000 Fidelity National Title Co
Herman Raymond A -- --
Herman Raymond A $294,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herman Raymond A $267,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2016 05/05/16 Sold $725,000 -0.5% $564 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $729,000 -- $567 / 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 $9,299 $858,247 $591,896 $266,351
2024 $9,131 $841,420 $580,291 $261,129
2023 $9,131 $824,922 $568,913 $256,009
2022 $8,559 $808,748 $557,758 $250,990
2021 $8,422 $792,891 $546,822 $246,069
2020 $6,814 $784,762 $541,216 $243,546
2019 $6,755 $769,375 $530,604 $238,771
2018 $6,643 $754,290 $520,200 $234,090
2017 $6,526 $739,500 $510,000 $229,500
2016 $4,155 $387,472 $285,631 $101,841
2015 $4,091 $381,653 $281,341 $100,312
2014 $3,757 $374,178 $275,830 $98,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1065145

California Regional Multiple Listing Service (CRMLS)

APN: 066-257-014