NOT LISTED FOR SALE

603 Driftwood St Morro Bay, CA 93442

Estimated Value: $813,499 - $1,090,000

1 Bed
1 Bath
770 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $556,000 $722 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,837/month

4 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Main Floor Bedroom
  • Del Mar Elementary School Rated A-
  • Bay View
  • Lawn

About This Home

As of May 2020

One bedroom, one bath home with a wonderful view of Morro Rock. Detached garage with a non-permitted wall has allowed for more guests, or take down the wall for a large garage. Beautiful landscape with many grown succulents. The home is in immaculate condition for its age. Quiet neighborhood. This home is ready for many opportunities.

Last Agent to Sell the Property

Brad Evans

Big Block Realty, Inc. License #01978408 Listed on: 03/30/2020

Last Buyer's Agent

Debbi Crossland

Century 21 Masters License #00910058

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,445

Year Built

  • Built in 1957

Lot Details

  • 3,964 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Flat Roof Shape

Interior Spaces

  • 770 Sq Ft Home
  • Family Room with Fireplace
  • Bay Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 5 / 13
  • Assessor Parcel Number 066145010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Fishing
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,445

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro Bay
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066145010
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 770.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 722.08
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom

Exterior Features

  • View: Bay
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Golf, Hiking, Watersports

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lawn
  • Lot Size Sq Ft: 3964.00
  • Lot Size Acres: 0.0910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3964.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 106.02
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Hubbard Jon C and Hubbard Bridget
Bought by
Hubbard Trust
Current Estimated Value
$949,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2020
Sold by
Hubbard Jon C and Hubbard Bridget
Bought by
Hubbard Jon C and Hubbard Bridget F

Purchase Details

Listed on
Mar 30, 2020
Closed on
Apr 9, 2020
Sold by
Thomas Joanne
Bought by
Hubbard Jon C and Hubbard Bridget
Seller's Agent
Brad Evans
Big Block Realty, Inc.
Buyer's Agent
Debbi Crossland
Century 21 Masters
List Price
$499,000
Sold Price
$556,000
Premium/Discount to List
$57,000
11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$356,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2007
Sold by
Gaddis Eva M and Gaddis Thomas C
Bought by
Gaddis Eva M

Purchase Details

Closed on
Jun 12, 1998
Sold by
Gaddis Eva Mae
Bought by
Gaddis Thomas C and Gaddis Eva M
Source: Public Records

Range of Values:

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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
Hubbard Trust -- Accommodation/Courtesy Recordi
Hubbard Jon C -- First American Title
Hubbard Jon C -- None Available
Hubbard Jon C $556,000 Placer Title Company
Gaddis Eva M -- None Available
Gaddis Eva M -- None Available
Gaddis Thomas C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard Trust $131,000
Closed Hubbard Jon C $525,000
Previous Owner Hubbard Jon C $356,000
Previous Owner Gaddis Eva M $98,880
Previous Owner Gaddis Thomas C $100,000
Previous Owner Gaddis Thomas C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $556,000 +11.4% $722 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $499,000 -- $648 / 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 $8,445 $786,562 $442,923 $343,639
2024 $7,480 $771,140 $434,239 $336,901
2023 $7,480 $682,752 $425,725 $257,027
2022 $5,990 $572,993 $417,378 $155,615
2021 $5,893 $561,759 $409,195 $152,564
2020 $500 $47,034 $14,774 $32,260
2019 $419 $46,113 $14,485 $31,628
2018 $410 $45,209 $14,201 $31,008
2017 $400 $44,323 $13,923 $30,400
2016 $391 $43,454 $13,650 $29,804
2015 $384 $42,802 $13,445 $29,357
2014 $351 $41,964 $13,182 $28,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC20065737

California Regional Multiple Listing Service (CRMLS)

APN: 066-145-010