NOT LISTED FOR SALE

627 Bay Ave Morro Bay, CA 93442

Estimated Value: $826,627 - $913,000

2 Beds
1 Bath
900 Sq Ft
$951/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $620,000 $689 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,270/month

6 Days on Market

Highlights

  • Bay View
  • Deck
  • Furnished
  • Del Mar Elementary School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of March 2021

Morro Bay cottage charmer with lots of appeal, right in lower Morro Heights in quiet neighborhood, yet close to downtown & Embarcadero. Home is set on a deep lot with potential to build out front. The interior shows an open floor plan with original wood floors in the living area that adjoins tiled flooring in the kitchen. Tax records show one main bedroom, though physically there's a spacious bonus room with own entrance that could be utilized as a second bedroom. Both rooms have french doors leading to the back deck, while the additional bonus cum bedroom has additional set of french doors opening to front deck as well. The skylight and french doors in the spacious bonus room bathe the room with more natural light, making the room bright and airy. Adjoining the kitchen at back is a laundry room & storage area with newly stained floors. When you step out to the private back deck, you could see specks of blue from the bay and ocean, and some views of Morro Rock. The property has also been upgraded with some dual pane windows, a tankless water heater, and some plumbing. Need more storage? Check out the shed in the side yard. Selling "as-is": sellers will not make any repairs. Price includes the newer stove/oven, microwave, refrigerator, washer and dryer, shed in side yard, furniture in living and dining areas, bedroom and some furnishings.

Last Agent to Sell the Property

Sherry PeckHoon Sim

SIM Real Estate License #01385503 Listed on: 02/01/2021

Last Buyer's Agent

Dale Kaiser

Dale Kaiser Real Estate License #01297036

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,271

Year Built

  • Built in 1940

Lot Details

  • 5,298 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Property Views

  • Bay
  • Peek-A-Boo

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 900 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Double Pane Windows
  • French Doors
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Microwave

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Utilities

  • Wall Furnace
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Morro Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 12
  • Assessor Parcel Number 066159014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,271

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066159014
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 900.00 Square Feet
  • Interior Amenities: Furnished
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 688.89
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Bay, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Wall Furnace, Fireplace(s)
  • Laundry Features: Dryer Included, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Level with Street, Yard
  • Lot Size Sq Ft: 5298.00
  • Lot Size Acres: 0.1216

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5298.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 106.02
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 17, 2021
Sold by
Hansen David and Hansen Naomi
Bought by
Freeh Daniel M and Freeh Taren A
Seller's Agent
Sherry PeckHoon Sim
SIM Real Estate
Buyer's Agent
Dale Kaiser
Dale Kaiser Real Estate
List Price
$629,000
Sold Price
$620,000
Premium/Discount to List
-$9,000
-1.43%
Current Estimated Value
$855,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,907
Avg. Annual Appreciation
7.48%
Original Mortgage
$390,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 10, 2018
Sold by
Dunn Paul Andrew and Dunn Karen Elizabeth
Bought by
Hansen David and Hansen Naomi
Seller's Agent
Hal Sweasey
Keller Williams Realty Central Coast
Buyer's Agent
Sherry PeckHoon Sim
SIM Real Estate
List Price
$459,000
Sold Price
$505,000
Premium/Discount to List
$46,000
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$404,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2017
Sold by
Deunn Paul Andrew and Estate Of Robert Park Dunn
Bought by
Dunmn Paul Andrew and Dunn Karen Elizabeth
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
Freeh Daniel M $620,000 Placer Title Company
Hansen David $505,000 Fidelity National Title Co
Dunmn Paul Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeh Money Trust $250,000
Previous Owner Hansen David $390,000
Previous Owner Hansen David $403,000
Previous Owner Hansen David $404,000
Previous Owner Dunn Robert P $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $620,000 -1.4% $689 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $629,000 +24.6% $699 / Sq Ft
09/28/2018 09/28/18 Sold $505,000 +10.0% $584 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $459,000 -- $531 / 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 $7,271 $671,106 $465,445 $205,661
2024 $7,140 $657,948 $456,319 $201,629
2023 $7,140 $645,048 $447,372 $197,676
2022 $6,692 $632,400 $438,600 $193,800
2021 $5,528 $520,436 $365,851 $154,585
2020 $5,472 $515,100 $362,100 $153,000
2019 $5,415 $505,000 $355,000 $150,000
2018 $823 $76,773 $17,431 $59,342
2017 $816 $76,141 $17,090 $59,051
2016 $810 $75,521 $16,755 $58,766
2015 $805 $75,056 $16,504 $58,552
2014 $748 $74,458 $16,181 $58,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC21017449

California Regional Multiple Listing Service (CRMLS)

APN: 066-159-014