NOT LISTED FOR SALE

560 Main St Morro Bay, CA 93442

4 Beds
3 Baths
1,768 Sq Ft
5,896 Sq Ft Lot

Sale Details

Date Sold: August 18, 2023

Last sale price $1,039,000 $588 Per Sq Ft

73 Days on Market

Highlights

  • Property is near park
  • Private Yard
  • 1 Car Attached Garage
  • Del Mar Elementary School Rated A-
  • No HOA
  • 3-minute walk to Coleman Park

About This Home

As of August 2023

Great Opportunity in Morro Bay, CA! Because this is in commercial zone, most likely can be short term rental without the wait . Check with city. This property has three units. The front house has 2 bedrooms and 1 bath with a small front yard. The back building has a 1 bedroom/1 bath unit downstairs and a 1 bedroom/1 bath unit upstairs. There is an attached garage to the back unit. Close to downtown Morro Bay, The Embarcadero, and the Morro Bay Golf Course, this location is ideal. Live in one, rent out the others, occupy the whole property, or rent out the whole property. The choice is yours!

Last Agent to Sell the Property

Todd Martincello

eXp Realty of California, Inc License #01255690 Listed on: 03/18/2023

eXp Realty of California, Inc

Last Buyer's Agent

Dakota Bailey

Equity Union License #01981774

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 5,896 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Attached Garage

Home Design

  • 1,768 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • Property is near park

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 8 / 16
  • Assessor Parcel Number 066135003

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

5,896 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 066135003
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1768.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One, Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 587.67
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Yard
  • Lot Size Sq Ft: 5896.00
  • Lot Size Acres: 0.1354

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5896.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 106.02
  • Tax Lot: 8

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 5, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2006
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
$530,000
Interest Rate
0.0615%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2002
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
$315,000
Interest Rate
0.0683%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,039,000 Fidelity National Title
$730,000 First American Title Co
$565,000 First American Title Company
$450,000 Chicago Title Co
-- --
$83,000 First American Title Ins Co
-- First American Title Ins Co
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 $530,000
Closed $315,000
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
08/18/2023 08/18/23 Sold $1,039,000 0.0% $588 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $1,039,000 -13.4% $588 / Sq Ft
03/18/2023 03/18/23 For Sale $1,200,000 -- $679 / 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 $11,483 $1,059,780 $714,000 $345,780
2024 $10,613 $1,039,000 $700,000 $339,000
2023 $10,613 $958,854 $656,753 $302,101
2022 $9,948 $940,054 $643,876 $296,178
2021 $9,790 $921,622 $631,251 $290,371
2020 $9,690 $912,173 $624,779 $287,394
2019 $6,702 $625,000 $375,000 $250,000
2018 $6,219 $580,000 $350,000 $230,000
2017 $6,219 $580,000 $350,000 $230,000
2016 $6,219 $580,000 $350,000 $230,000
2015 $5,789 $540,000 $340,000 $200,000
2014 $5,020 $500,000 $340,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23039616

California Regional Multiple Listing Service (CRMLS)

APN: 066-135-003

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