NOT LISTED FOR SALE

585 Monterey Ave Morro Bay, CA 93442

Estimated Value: $781,000 - $981,000

2 Beds
2 Baths
1,502 Sq Ft
$125/mo HOA Fee

Last Sold December 06, 2013

Last sale price $425,000 $283 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,315/month

43 Days on Market

Highlights

  • Bay View
  • Deck
  • Main Floor Primary Bedroom
  • Del Mar Elementary School Rated A-
  • Cathedral Ceiling
  • 3-minute walk to Coleman Park

About This Home

As of December 2013

Price reduced! Spacious 2 bedroom, 2 bath approx. 1,500 square foot condo in well maintained complex just blocks from the water of Morro Bay. Open floor plan, new interior paint, vaulted ceilings, newer laminate wood floors, two decks, newer roof and attached 2 car garage. Master bedroom features expansive closet, 3/4 bath and deck access. Living room with fireplace and additional deck. One of 6 units in quaint complex surrounded by professional landscaping. Great coastal retreat!

Last Agent to Sell the Property

Gavin Payne

BHGRE HAVEN PROPERTIES License #01381849 Listed on: 09/12/2013

BHGRE HAVEN PROPERTIES

Co-Listed By

Kate Hendrickson

BHGRE HAVEN PROPERTIES License #01730943

Last Buyer's Agent

Sheri Charette

Franklin Real Estate & Rentals License #01258765

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,645

Year Built

  • Built in 1987

Lot Details

  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Bay
  • Rock

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,502 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • Master Insurance
  • Association Phone (805) 592-2050
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 066135022

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,645

Year Built

Built in 1987

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Subdivision Name Other: Morro Heights(810)
  • View: Yes
  • Zoning: CON
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 066135022
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1502.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 282.96
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, Rocks
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • Phone: 805-592-2050
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 1503.00
  • Lot Size Acres: 0.0350

Multi Family

  • Lot Size Area: 1503.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Nov 3, 2013
Sold by
Greer Daniel D and Snyder Megan M
Bought by
Pettai Arno Endel
Seller's Agent
Gavin Payne
BHGRE HAVEN PROPERTIES
Buyer's Agent
Sheri Charette
Franklin Real Estate & Rentals
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$885,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,881
Avg. Annual Appreciation
6.57%
Original Mortgage
$150,000
Outstanding Balance
$40,681
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$859,713

Purchase Details

Closed on
Mar 22, 2002
Sold by
Greer Daniel D and Greer Daniel Davis
Bought by
Greer Daniel D and Snyder Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.87%

Purchase Details

Closed on
Dec 27, 2001
Sold by
Greer Marvin Lee and Greer Wendy K
Bought by
Greer Daniel Davis
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
Pettai Arno Endel $425,000 Fidelity National Title Co
Greer Daniel D -- Fidelity Title Company
Greer Daniel Davis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettai Arno Endel $150,000
Previous Owner Greer Daniel D $129,500
Previous Owner Greer Daniel D $132,157
Previous Owner Greer Daniel D $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $425,000 0.0% $283 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $425,000 -- $283 / 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 $5,645 $520,981 $306,461 $214,520
2024 $5,543 $510,766 $300,452 $210,314
2023 $5,543 $500,752 $294,561 $206,191
2022 $5,195 $490,935 $288,786 $202,149
2021 $5,113 $481,310 $283,124 $198,186
2020 $5,060 $476,375 $280,221 $196,154
2019 $5,008 $467,035 $274,727 $192,308
2018 $4,910 $457,879 $269,341 $188,538
2017 $4,813 $448,902 $264,060 $184,842
2016 $4,719 $440,101 $258,883 $181,218
2015 $4,647 $433,491 $254,995 $178,496
2014 $4,267 $425,000 $250,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SL200387

California Regional Multiple Listing Service (CRMLS)

APN: 066-135-022