NOT LISTED FOR SALE

568 Morro Ave Morro Bay, CA 93442

Estimated Value: $1,313,780 - $1,774,000

3 Beds
2.5 Baths
2,430 Sq Ft
$641/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $795,000 $327 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $9,042/month

81 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom
  • Del Mar Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Morro bay dog park

About This Home

As of June 2012

Seller is now very motivated to to health issues and will entertain all offers.. Go for it! Quality built in the heart of downtown Morro Bay. This Tuscan style home, newly built in 2007 with magnificent attention to detail. Relish in the feel of an original Tuscan, while enjoying modern day amenities including: distressed hard wood floors, solid 7' walnut doors, Pella wood windows, granite counter tops, honed and chiseled travertine, natural wood baseboards and trim, oversized jetted soaking tub, two gas fireplaces, custom cabinetry, professional series appliances, and more. All high end furnishings included in sale. Experience this stunning Morro Bay home and its terrific Ocean/Rock views!

Last Agent to Sell the Property

Frankie Ciano

Ciano Real Estate, Inc. License #01412309 Listed on: 03/20/2012

Last Buyer's Agent

Michele Arete

Central Coast Real Estate License #01274619

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 3,223 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Bay
  • Rock

Home Design

  • Slab Foundation
  • Clay Roof

Interior Spaces

  • 2,430 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066133007

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Security: Security System
  • Subdivision Name Other: Town of El Morro(830)
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066133007
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2430.00
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 327.16
  • Room Type: Family Room, Main Floor Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Bay, Ocean, Rocks
  • Fence: Yes
  • Roof: Clay

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level with Street, Paved, Sprinkler System
  • Lot Size Sq Ft: 3223.00
  • Lot Size Acres: 0.0740

Multi Family

  • Lot Size Area: 3223.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2012
Closed on
Jun 10, 2012
Sold by
Fazzari James V
Bought by
Medeiros G Manuel and Medeiros Elizabeth
Seller's Agent
Frankie Ciano
Ciano Real Estate, Inc.
Buyer's Agent
Michele Arete
Central Coast Real Estate
List Price
$889,000
Sold Price
$795,000
Premium/Discount to List
-$94,000
-10.57%
Current Estimated Value
$1,556,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,695
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Jan 20, 2009
Sold by
Total Development Company Llc
Bought by
Fazzari James and James V Fazzari Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Medeiros G Manuel $795,000 First American Title Company
Fazzari James -- First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $795,000 -10.6% $327 / Sq Ft
06/09/2012 06/09/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $889,000 -- $366 / 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 $10,819 $998,555 $502,418 $496,137
2024 $10,624 $978,976 $492,567 $486,409
2023 $10,624 $959,781 $482,909 $476,872
2022 $9,958 $940,963 $473,441 $467,522
2021 $9,799 $922,513 $464,158 $458,355
2020 $9,699 $913,055 $459,399 $453,656
2019 $9,598 $895,153 $450,392 $444,761
2018 $9,410 $877,602 $441,561 $436,041
2017 $9,226 $860,395 $432,903 $427,492
2016 $9,045 $843,525 $424,415 $419,110
2015 $8,907 $830,855 $418,040 $412,815
2014 $8,178 $814,581 $409,852 $404,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC184830

California Regional Multiple Listing Service (CRMLS)

APN: 066-133-007