NOT LISTED FOR SALE

561 La Jolla St Morro Bay, CA 93442

Estimated Value: $700,404 - $899,000

2 Beds
1 Bath
907 Sq Ft
$848/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $575,000 $634 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,554/month

5 Days on Market

Highlights

  • Attic
  • No HOA
  • Laundry Room
  • Del Mar Elementary School Rated A-
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of March 2021

CASH OFFERS ONLY, unfinished remodel. Family health issue forces sale. The house is close to finished but not close enough for a bank. Great location beach house with some ocean views and plenty of outdoor room for family, friends and fun. Get a great price and take advantage of this opportunity.

Last Agent to Sell the Property

Dean Marchant

Morro Shores Real Estate License #01064170 Listed on: 02/23/2021

Last Buyer's Agent

Sophia McDonald

Coastal Real Estate License #01487058

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 2,900 Sq Ft Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Home Design

  • 907 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Additional Features

  • Attic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 46 / 7
  • Assessor Parcel Number 068262028

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068262028
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 907.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 633.96
  • Room Type: Attic, 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: Gas & Electric Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level
  • Lot Size Sq Ft: 2900.00
  • Lot Size Acres: 0.0666

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2900.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 105.03
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 4, 2021
Sold by
King Carrissa J and King Eric Stephen
Bought by
Woody Timothy L and Tood Debra D
Seller's Agent
Dean Marchant
Morro Shores Real Estate
Buyer's Agent
Sophia McDonald
Coastal Real Estate
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%
Current Estimated Value
$768,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,851
Avg. Annual Appreciation
6.12%

Purchase Details

Listed on
Jul 1, 2017
Closed on
Sep 12, 2017
Sold by
Velasquez Michael Anthony and Velasquez Geiska Baker
Bought by
King Eric Stephen and King Carrissa J
Seller's Agent
Christine McDonald
Coastal Real Estate
Buyer's Agent
Dean Marchant
Morro Shores Real Estate
List Price
$499,000
Sold Price
$487,000
Premium/Discount to List
-$12,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$497,470
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Jan 16, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Velasquez Michael Anthony and Velasquez Geiska Baker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,038
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2009
Sold by
Scudder Rodney P and Chugunova Anya I
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 20, 2006
Sold by
Deming Michael Dewitt
Bought by
Scudder Rodney P and Chugunova Anya I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,600
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2005
Sold by
Deming Corene E and Deming Corene Ellen
Bought by
Deming Michael Dewitt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woody Timothy L $575,000 Placer Title Company
King Eric Stephen $487,000 Placer Title Company
Velasquez Michael Anthony $301,500 Fidelity National Title
Federal Home Loan Mortgage Corporation $355,000 Accommodation
Scudder Rodney P $467,000 Chicago Title Co
Deming Michael Dewitt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Eric Stephen $497,470
Previous Owner Velasquez Michael Anthony $296,038
Previous Owner Scudder Rodney P $373,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2021 03/11/21 Sold $575,000 +4.7% $634 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $549,000 +12.7% $605 / Sq Ft
10/20/2017 10/20/17 Sold $487,000 -2.4% $510 / Sq Ft View Prior Sale
09/07/2017 09/07/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $499,000 -- $523 / 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 $6,744 $622,397 $432,972 $189,425
2024 $6,622 $610,194 $424,483 $185,711
2023 $6,622 $598,230 $416,160 $182,070
2022 $6,207 $586,500 $408,000 $178,500
2021 $5,364 $511,922 $367,912 $144,010
2020 $5,308 $506,674 $364,140 $142,534
2019 $5,251 $496,740 $357,000 $139,740
2018 $5,147 $487,000 $350,000 $137,000
2017 $3,596 $335,327 $250,245 $85,082
2016 $3,525 $328,753 $245,339 $83,414
2015 $3,471 $323,816 $241,654 $82,162
2014 $3,187 $317,474 $236,921 $80,553
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dean Marchant

    Morro Shores Real Estate

    Section Image
  • Sophia McDonald

    Buyer's Agent in 2021

    Sophia McDonald

    Coastal Real Estate

    (805) 234-5828

    7 in this area

    47 Total Sales

    Sophia McDonald
    Section Image
  • Christine McDonald

    Seller's Agent in 2017

    Christine McDonald

    Coastal Real Estate

    (805) 441-5018

    12 in this area

    56 Total Sales

    Christine McDonald
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC21037946

California Regional Multiple Listing Service (CRMLS)

APN: 068-262-028

California San Luis Obispo County Morro Bay 93442

561 La Jolla St, Morro Bay, CA

Not Listed for Sale

Detached

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