Seller's Agent in 2017
Frankie Ciano
Ciano Real Estate, Inc.
(805) 748-1026
17 in this area
65 Total Sales
546 Kings Ave Morro Bay, CA 93442
Estimated Value: $897,000 - $1,782,000
4
Beds
3
Baths
2,835
Sq Ft
$447/Sq Ft
Est. Value
Highlights
- 11,151 Sq Ft lot
- Up Slope from Street
- Shed
- Del Mar Elementary School Rated A-
- Laundry Room
- Forced Air Heating System
About This Home
As of February 2017Marketing Remarks: Large multi-family property adjoining State Park. Consisting of 2 separate residences, currently generating $3,850/mo. Blue water and hillside views can be enjoyed from both. Original home includes 1 bedroom, 1 bath, with a great finished basement, as well as a bonus room that could be used as an office. Details are custom to the era with upgrades such as force air heat throughout, and newer appliances. The primary home consists of 2 bedrooms, and 2 full baths. The functional floor plan contains a family room with a double sided fireplace to the formal dining room, custom interior shutters, and wood floors. Home encompasses a big office space with a private entrance and bay window seat. Upstairs there are 2 spacious bedrooms with a sun room. The master has a walk in closet, as well as a fabulous study, lots of natural light, and balcony. This expansive lot with mature landscaping, drip irrigation, and mature fruit trees, backs to nature and wonderful Black Hill trails.
Last Agent to Sell the Property
Ciano Real Estate, Inc. License #01412309 Listed on: 09/06/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,047
Year Built
- Built in 1991
Lot Details
- 0.26 Acre Lot
- Paved or Partially Paved Lot
Home Design
- 2,835 Sq Ft Home
- Raised Foundation
- Slab Foundation
- Shingle Roof
Laundry
- Laundry Room
- Washer Hookup
Parking
- Parking Available
- Up Slope from Street
- On-Site Parking
Outdoor Features
- Exterior Lighting
- Shed
Utilities
- Forced Air Heating System
- Cable TV Available
Listing and Financial Details
- Tenant pays for gas, water, grounds care, trash collection, electricity, cable TV
- Assessor Parcel Number 066165011
Community Details
Overview
- 2 Units
- Greenbelt
Building Details
- Gross Income $45,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 9, 2016
Sold by
Rossa Quade Louie A and Rossa Quade Marilyn A
Bought by
Yale Michael A and Yale Jeanne M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,500
Interest Rate
4.32%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 1, 2006
Sold by
Rossa Quade Marilyn A and Abler Anne R
Bought by
Rossa Quade Louie A and Rossa Quade Marilyn A
Purchase Details
Closed on
Mar 17, 2003
Sold by
Rossa Quade Louie A and Rossa Quade Marilyn A
Bought by
Rossa Quade Marilyn A and Abler Anne R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.78%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Yale Michael A | $799,000 | First American Title Company | |
| Rossa Quade Louie A | -- | None Available | |
| Rossa Quade Marilyn A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yale Michael A | $569,000 | |
| Previous Owner | Yale Michael A | $586,500 | |
| Previous Owner | Rossa Quade Marilyn A | $34,000 | |
| Previous Owner | Rossa Quade Louie A | $50,000 | |
| Previous Owner | Rossa Quade Louie A | $397,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2017 02/10/17 | Sold | $799,000 | 0.0% | $282 / Sq Ft |
| 12/05/2016 12/05/16 | Off Market | $799,000 | -- | -- |
| 12/05/2016 12/05/16 | Pending | -- | -- | -- |
| 10/24/2016 10/24/16 | Price Changed | $799,000 | -2.4% | $282 / Sq Ft |
| 10/17/2016 10/17/16 | For Sale | $819,000 | +2.5% | $289 / Sq Ft |
| 10/14/2016 10/14/16 | Off Market | $799,000 | -- | -- |
| 09/06/2016 09/06/16 | For Sale | $819,000 | -3.6% | $289 / Sq Ft |
| 08/03/2016 08/03/16 | Pending | -- | -- | -- |
| 04/14/2016 04/14/16 | For Sale | $850,000 | -- | $300 / 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 | $10,047 | $927,299 | $522,260 | $405,039 |
| 2024 | $9,866 | $909,118 | $512,020 | $397,098 |
| 2023 | $9,866 | $891,293 | $501,981 | $389,312 |
| 2022 | $9,247 | $873,818 | $492,139 | $381,679 |
| 2021 | $9,100 | $856,686 | $482,490 | $374,196 |
| 2020 | $9,007 | $847,903 | $477,543 | $370,360 |
| 2019 | $8,913 | $831,279 | $468,180 | $363,099 |
| 2018 | $8,739 | $814,980 | $459,000 | $355,980 |
| 2017 | $4,743 | $442,344 | $237,766 | $204,578 |
| 2016 | $4,650 | $433,671 | $233,104 | $200,567 |
| 2015 | $4,579 | $427,158 | $229,603 | $197,555 |
| 2014 | $4,205 | $418,792 | $225,106 | $193,686 |
Source: Public Records
Agents Affiliated with this Home
-
Frankie Ciano
-
Tawny Hilyard
Buyer's Agent in 2017
Tawny Hilyard
Andrews Real Estate Group Inc
(805) 773-3700
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC1065667
APN: 066-165-011
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