NOT LISTED FOR SALE

589 Morro Ave Morro Bay, CA 93442

Estimated Value: $1,401,219 - $1,682,000

3 Beds
3 Baths
2,430 Sq Ft
$636/Sq Ft Est. Value

About This Home

This home is located at 589 Morro Ave, Morro Bay, CA 93442 and is currently estimated at $1,545,305, approximately $635 per square foot. 589 Morro Ave is a home located in San Luis Obispo County with nearby schools including Del Mar Elementary School, Los Osos Middle School, and Morro Bay High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Markowitz Family Trust and Markowitz Wayne T
Bought by
Markowitz Chalice
Current Estimated Value
$1,545,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$388,698
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,156,607

Purchase Details

Closed on
Apr 27, 2010
Sold by
Markowitz Wayne and Markowitz Chalice M
Bought by
Markowitz Wayne T and Markowitz Chalice M

Purchase Details

Closed on
Oct 20, 2009
Sold by
Jeremiassen Thomas P and Estate Financial Inc
Bought by
Markowitz Wayne and Markowitz Chalice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,592
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2008
Sold by
Morro Bay 4 Llc
Bought by
Jeremiassen Thomas P and Estate Financial Inc

Purchase Details

Closed on
Jul 26, 2005
Sold by
Total Development Co Llc
Bought by
Morro Bay 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,500
Interest Rate
5.76%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2004
Sold by
Arnold Susan Marie and Junker Angela A
Bought by
Total Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2001
Sold by
Wies Frank G
Bought by
Wies Susan Marie

Purchase Details

Closed on
Mar 16, 2001
Sold by
Scott Ken G and White Donald G
Bought by
Arnold Susan Marie and Arnold Angele Caye

Purchase Details

Closed on
Oct 6, 2000
Sold by
Rey Stanley C and Rey Patricia
Bought by
Scott Ken G and White Donald G
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Markowitz Chalice -- Placer Title
Markowitz Wayne T -- None Available
Markowitz Wayne $685,000 First American Title Company
Jeremiassen Thomas P $160,248 None Available
Morro Bay 4 Llc $2,000,000 First American Title Co
Total Development Co Llc $950,000 First American Title Company
Wies Susan Marie -- Chicago Title Co
Arnold Susan Marie $580,000 Chicago Title Co
Scott Ken G $400,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markowitz Chalice $428,000
Previous Owner Markowitz Wayne T $561,000
Previous Owner Markowitz Wayne T $642,000
Previous Owner Markowitz Wayne $672,592
Previous Owner Morro Bay 4 Llc $83,750
Previous Owner Morro Bay 4 Llc $100,000
Previous Owner Morro Bay 4 Llc $58,908
Previous Owner Morro Bay 4 Llc $912,500
Previous Owner Morro Bay 4 Llc $4,483,100
Previous Owner Total Development Co Llc $2,600,000
Source: Public Records

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 $9,580 $884,202 $387,241 $496,961
2024 $9,407 $866,866 $379,649 $487,217
2023 $9,407 $849,869 $372,205 $477,664
2022 $8,817 $833,206 $364,907 $468,299
2021 $8,677 $816,869 $357,752 $459,117
2020 $8,588 $808,494 $354,084 $454,410
2019 $8,499 $792,642 $347,142 $445,500
2018 $8,332 $777,101 $340,336 $436,765
2017 $8,169 $761,864 $333,663 $428,201
2016 $8,009 $746,926 $327,121 $419,805
2015 $7,887 $735,708 $322,208 $413,500
2014 $7,242 $721,298 $315,897 $405,401
Source: Public Records

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