S
Seller's Agent in 2013
Sandy Bean
Oceanside International Real E
(805) 528-3475
1 in this area
6 Total Sales
570 Kings Ave Morro Bay, CA 93442
Estimated Value: $897,415 - $1,783,000
2
Beds
2
Baths
988
Sq Ft
$1,243/Sq Ft
Est. Value
Highlights
- Ocean View
- On Golf Course
- 0.24 Acre Lot
- Del Mar Elementary School Rated A-
- RV Access or Parking
- Main Floor Primary Bedroom
About This Home
As of July 2013WOW Location in Morro Heights, zoned for multi-family, on a HUGE lot backing the park, with ocean views from the front porch, dining and back porch! Unbelievable investment JUST in the nick of time as homes in this price range disappear! Cute home has a HUGE master bedroom, two baths, and a large indoor laundry area with access to the giant back yard facing the park. Hmmm. Indoor laundry is so big, and has such good access to second bath, it would make a nice den or study or 3rd bedroom if laundry was moved. Cosmetic upgrades could be added, but this investment is UNIQUE in this price range and location. Morro Bay State Park has bayfront golfing, marina, restaurants, and a multitude of walking trails. City of Morro Bay's R-2 Zoning ordinance shows this property's size should accommodate THREE homes (see doc attached). Check with City. Don't miss seeing this property. It may be impossible to replace for anywhere near this asking price.
Last Agent to Sell the Property
Oceanside International Real E License #00683212 Listed on: 05/23/2013
Last Buyer's Agent
Linda Jensen
Linda Jensen/Broker License #01026975
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,077
Year Built
- Built in 1944
Lot Details
- 10,454 Sq Ft Lot
- On Golf Course
- Rural Setting
- Paved or Partially Paved Lot
- Property is zoned "R2,RMF"
Parking
- 1 Car Garage
- Parking Available
- RV Access or Parking
- Golf Cart Garage
Home Design
- Raised Foundation
- Shingle Roof
Interior Spaces
- 988 Sq Ft Home
- L-Shaped Dining Room
- Vinyl Flooring
- Ocean Views
- Gas Oven or Range
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Shed
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Cable TV Available
Community Details
- No Home Owners Association
- Greenbelt
Listing and Financial Details
- Assessor Parcel Number 066165005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2016
Sold by
Smothers Michael Wayne and Fortino Shari Claudette
Bought by
Smothers Fortino Family Trust
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
$740,000
Outstanding Balance
$590,380
Interest Rate
3.81%
Mortgage Type
Construction
Estimated Equity
$609,025
Purchase Details
Listed on
May 23, 2013
Closed on
Jun 4, 2013
Sold by
Demski Lydia
Bought by
Smothers Michael Wayne and Fortino Shari Claudette
Seller's Agent
Sandy Bean
Oceanside International Real E
Buyer's Agent
Linda Jensen
Linda Jensen/Broker
List Price
$424,800
Sold Price
$424,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$339,840
Interest Rate
3.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2003
Sold by
Marques John B and Marques Betty L
Bought by
Marques John B and Marques Betty L
Purchase Details
Closed on
Jul 18, 2003
Sold by
Marques John B and Marques Betty L
Bought by
Demski Lydia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
4.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 7, 1999
Sold by
Marques John B
Bought by
Marques John B and Marques Betty L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.66%
Purchase Details
Closed on
Sep 16, 1996
Sold by
Marques John B
Bought by
Marquez John B
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 |
|---|---|---|---|
| Smothers Fortino Family Trust | -- | None Available | |
| Smothers Michael Wayne | $425,000 | Fidelity National Title Co | |
| Marques John B | -- | Fidelity Title Company | |
| Demski Lydia | $235,000 | Fidelity Title Company | |
| Marques John B | -- | Cuesta Title Company | |
| Marquez John B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smothers Michael | $500,000 | |
| Open | Smothers Michael Wayne | $740,000 | |
| Closed | Smothers Michael Wayne | $339,840 | |
| Previous Owner | Demski Lydia | $223,250 | |
| Previous Owner | Marques John B | $45,000 | |
| Previous Owner | Marques John B | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2013 07/12/13 | Sold | $424,800 | 0.0% | $430 / Sq Ft |
| 05/29/2013 05/29/13 | Pending | -- | -- | -- |
| 05/23/2013 05/23/13 | For Sale | $424,800 | -- | $430 / 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 | $13,077 | $1,214,119 | $459,692 | $754,427 |
| 2024 | $12,840 | $1,190,314 | $450,679 | $739,635 |
| 2023 | $12,840 | $1,166,976 | $441,843 | $725,133 |
| 2022 | $12,033 | $1,144,095 | $433,180 | $710,915 |
| 2021 | $11,841 | $1,121,663 | $424,687 | $696,976 |
| 2020 | $10,256 | $972,463 | $420,333 | $552,130 |
| 2019 | $9,091 | $854,886 | $412,092 | $442,794 |
| 2018 | $8,912 | $838,124 | $404,012 | $434,112 |
| 2017 | $8,751 | $821,691 | $396,091 | $425,600 |
| 2016 | $4,717 | $439,894 | $388,325 | $51,569 |
| 2015 | $4,645 | $433,287 | $382,492 | $50,795 |
| 2014 | $4,265 | $424,800 | $375,000 | $49,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Bean
-
L
Buyer's Agent in 2013
Linda Jensen
Linda Jensen/Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC196852
APN: 066-165-005
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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