NOT LISTED FOR SALE

570 Piney Way Morro Bay, CA 93442

Estimated Value: $777,000 - $918,000

1 Bed
1 Bath
793 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $440,000 $555 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,050/month

135 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • Up Slope from Street
  • Del Mar Elementary School Rated A-
  • No HOA
  • Wall Furnace

About This Home

As of December 2015

Enjoy great sunset views of the Morro Bay breakwater and rock. This one bedroom cottage is situated on a 6,000 square foot R-2 lot in the very desirable Morro Bay Heights. Large asphalt driveway allows ample room for RV or boat parking. The potential to build a second unit on the lot provides a unique opportunity.

Last Agent to Sell the Property

Jeff Elmerick

Horizon Realty & Property Mgt License #01271776 Listed on: 07/28/2015

Last Buyer's Agent

Sandy Rowe

Sandy Rowe Realty License #01059926

Sandy Rowe Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,643

Year Built

  • Built in 1961

Lot Details

  • 5,998 Sq Ft Lot
  • Property is zoned R,R2

Property Views

  • Ocean
  • Bay

Home Design

  • 793 Sq Ft Home
  • Flat Roof Shape
  • Slab Foundation

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Parking Available
  • Covered Parking
  • Up Slope from Street
  • Driveway

Utilities

  • Wall Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066152015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,643

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Subdivision Name Other: Morro Heights(810)
  • View: Yes
  • Zoning: R,R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066152015
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Living Area: 793.00
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 554.85
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Foundation: Slab
  • View: Bay, Ocean
  • Roof: Flat

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 5998.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lot Size Area: 5998.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Dec 18, 2015
Sold by
Prause Jo Ann
Bought by
Hughes Family Trust and Hughes Victoria J
Seller's Agent
Jeff Elmerick
Horizon Realty & Property Mgt
Buyer's Agent
Sandy Rowe
Sandy Rowe Realty
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Current Estimated Value
$836,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,404
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Nov 4, 1999
Sold by
Gale Ray H
Bought by
Gale Ray H

Purchase Details

Closed on
Jun 7, 1999
Sold by
Eichler Kathleen A
Bought by
Gale Ray H

Purchase Details

Closed on
Feb 26, 1997
Sold by
Eichler Kathleen A and Eichler John L
Bought by
Eichler Kathleen Anne and Eichler John L
Source: Public Records

Range of Values:

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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
Hughes Family Trust $440,000 Fidelity National Title Co
Gale Ray H -- --
Gale Ray H $150,000 --
Eichler Kathleen Anne -- --
Eichler Kathleen A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $440,000 -11.8% $555 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $499,000 -- $629 / 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 $5,643 $520,865 $443,922 $76,943
2024 $5,541 $510,653 $435,218 $75,435
2023 $5,541 $500,641 $426,685 $73,956
2022 $5,194 $490,825 $418,319 $72,506
2021 $5,112 $481,202 $410,117 $71,085
2020 $5,059 $476,269 $405,912 $70,357
2019 $5,007 $466,931 $397,953 $68,978
2018 $4,909 $457,776 $390,150 $67,626
2017 $4,812 $448,800 $382,500 $66,300
2016 $4,718 $440,000 $375,000 $65,000
2015 $2,097 $195,652 $156,525 $39,127
2014 $1,926 $191,820 $153,459 $38,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1057696

California Regional Multiple Listing Service (CRMLS)

APN: 066-152-015