$505,000
SOLD SEP 28, 2018

627 Bay Ave Morro Bay, CA 93442

1 Bed
1 Bath
864 Sq Ft
5,298 Sq Ft Lot

Recently Sold

$584 Per Sq Ft

10% Above List Price

17 Days on Market

Highlights

  • Main Floor Bedroom
  • Sun or Florida Room
  • Neighborhood Views
  • Del Mar Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of March 2021

Charming Bungalow featuring hardwood floors, newer roof, wood burning stove with rock hearth, french doors, 1 bedroom, 1 bath plus an enclosed sun room currently being used as a 2nd bedroom. Situated at the back of the lot with mature landscaping providing a private setting, and offering an ideal opportunity to add on to the existing residence. Build your dream home with second story ocean views!

Last Agent to Sell the Property

Hal Sweasey

Keller Williams Realty Central Coast License #01111911 Listed on: 08/13/2018

Keller Williams Realty Central Coast

Co-Listed By

Devin Hahn

Richardson Sotheby's International Realty License #01832387

Last Buyer's Agent

Sherry PeckHoon Sim

SIM Real Estate License #01385503

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,271

Year Built

  • Built in 1940

Lot Details

  • 5,298 Sq Ft Lot
  • Front Yard
  • Property is zoned R1

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Sun or Florida Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • 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

  • Assessments: Yes
  • Other Phone Description: Team Sweasey
  • Other Phone Number: 805-592-2724
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066159014
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 864.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 584.49
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Sun

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5298.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 106.02

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $620,000 Placer Title Company
Grant Deed $505,000 Fidelity National Title Co
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Previous Owner $390,000 New Conventional
Previous Owner $403,000 New Conventional
Previous Owner $404,000 New Conventional
Previous Owner $45,000 Stand Alone Second
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: SP18196301

California Regional Multiple Listing Service (CRMLS)

APN: 066-159-014