NOT LISTED FOR SALE

550 Estero Ave Morro Bay, CA 93442

Estimated Value: $1,118,881 - $1,434,000

3 Beds
2 Baths
1,941 Sq Ft
$646/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $859,000 $443 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,412/month

127 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • No HOA
  • Del Mar Elementary School Rated A-
  • Main Floor Bedroom
  • 2 Car Attached Garage

About This Home

As of September 2018

Morro Bay Heights home with beautiful panoramic view of ocean and harbor! Location is the name of the real estate game and this home has a great location with the embarcadero, downtown, and park all within walking distance. Enjoy all community events and celebrations with short walks from this home located on a quiet street in the heights. A 1000sf addition in 2006 and massive remodel with many custom features, this home will create some oohs and ahhs. The upper living room is the property highlight and really full service! Panoramic view deck, kitchenette/bar, fireplace and bathroom. Additionally, a separate entrance through a second upper deck exists from the back stairway thru the yard. The Master Bedroom is also on the upper level with vaulted ceilings, fireplace and walk in closet! Main level living holds two bedrooms a full bath, laundry and kitchen with combo living/dining area. Rock views from the main level as well! The Garage has high ceilings and runs full width of the house! The Back yard has been landscaped to be low maintenance and has patio area, a hot tub and outdoor shower. Plenty of room for your ideas! 550 Estero should be the top of your viewing list to get into the heights at a great price!

Last Agent to Sell the Property

Jay Chiasson

Navigators Real Estate License #01836276 Listed on: 04/18/2018

Last Buyer's Agent

Chris Bath

Coast Realty License #01231010

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 5,750 Sq Ft Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic
  • Rock

Interior Spaces

  • 1,941 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 066154013

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066154013
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1941.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 442.56
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Coastline, Harbor, Ocean, Panoramic, Rocks
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 5750.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 106.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Sep 14, 2018
Sold by
Bichon Bibiana
Bought by
Venturo Vincent
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Chris Bath
Coast Realty
List Price
$895,000
Sold Price
$859,000
Premium/Discount to List
-$36,000
-4.02%
Current Estimated Value
$1,253,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,220
Avg. Annual Appreciation
5.33%
Original Mortgage
$687,200
Outstanding Balance
$598,045
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$655,175

Purchase Details

Listed on
Apr 18, 2018
Closed on
Aug 30, 2018
Sold by
Garica Ronald E and Garica Debra C
Bought by
Venturo Vincent
Seller's Agent
Jay Chiasson
Navigators Real Estate
Buyer's Agent
Chris Bath
Coast Realty
List Price
$895,000
Sold Price
$859,000
Premium/Discount to List
-$36,000
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,200
Outstanding Balance
$598,045
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$655,175

Purchase Details

Closed on
Dec 5, 1995
Sold by
Endert William D
Bought by
Endert Sarah Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,220
Interest Rate
7.47%

Purchase Details

Closed on
Nov 28, 1995
Sold by
Endert Sarah Robin
Bought by
Garcia Ronald Edward and Garcia Debra Caryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,220
Interest Rate
7.47%

Purchase Details

Closed on
Feb 21, 1995
Sold by
Lawson Richard Emerick
Bought by
Angus Sarah Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,963
Interest Rate
9.03%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1994
Sold by
Lawson Vertie E
Bought by
Lawson Vertie E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Venturo Vincent -- First American Title Co
Venturo Vincent $859,000 First American Title Co
Endert Sarah Robin -- First American Title Ins Co
Garcia Ronald Edward $166,000 First American Title Ins Co
Angus Sarah Robin $139,000 First American Title Ins Co
Lawson Vertie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venturo Vincent $687,200
Previous Owner Garcia Ronald Edward $149,220
Previous Owner Angus Sarah Robin $136,963
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $859,000 -2.3% $443 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $879,000 -1.8% $453 / Sq Ft
04/18/2018 04/18/18 For Sale $895,000 -- $461 / 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 $10,382 $958,225 $557,756 $400,469
2024 $10,195 $939,437 $546,820 $392,617
2023 $10,195 $921,018 $536,099 $384,919
2022 $9,556 $902,960 $525,588 $377,372
2021 $9,404 $885,256 $515,283 $369,973
2020 $9,307 $876,180 $510,000 $366,180
2019 $9,211 $859,000 $500,000 $359,000
2018 $4,630 $431,812 $145,990 $285,822
2017 $4,539 $423,346 $143,128 $280,218
2016 $4,450 $415,046 $140,322 $274,724
2015 $4,382 $408,813 $138,215 $270,598
2014 $4,024 $400,806 $135,508 $265,298
Source: Public Records

Agents Affiliated with this Home

  • Jay Chiasson

    Seller's Agent in 2018

    Jay Chiasson

    Navigators Real Estate

    (805) 591-9931

    42 in this area

    77 Total Sales

    Jay Chiasson
    Section Image
  • Chris Bath

    Buyer's Agent in 2018

    Chris Bath

    Coast Realty

    (805) 801-0268

    34 in this area

    67 Total Sales

    Chris Bath
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC18090173

California Regional Multiple Listing Service (CRMLS)

APN: 066-154-013

California San Luis Obispo County Morro Bay 93442

550 Estero Ave, Morro Bay, CA

Not Listed for Sale

Detached

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