NOT LISTED FOR SALE

640 Kings Ave Morro Bay, CA 93442

Estimated Value: $410,000 - $878,000

0.16 Acre
$3,908,969 Price per Acre
6,845 Sq Ft Lot

Last Sold March 19, 2020

Last sale price $275,000

Est. 123% increase in value since last sale

Current estimated payment $3,603/month

19 Days on Market

Highlights

  • Golf Course Community
  • Corner Lot
  • Hiking Trails
  • Del Mar Elementary School Rated A-
  • No HOA

About This Lot

As of March 2020

Hard to find Large level lot in Morro Bay. (6845+/- sf). Great location with easy access to Hwy 1 and walking distance to businesses on Morro bay blvd and Morro bay state park. Home on property has no value and need to be torn down.

Last Agent to Sell the Property

Carolyn McNairn

RE/MAX Parkside Real Estate License #00839787 Listed on: 01/05/2020

RE/MAX Parkside Real Estate

Co-Listed By

Pete Dakin

Re/Max Parkside Real Estate License #00353657

Last Buyer's Agent

Christine McDonald

Coastal Real Estate License #01193039

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,975

Lot Details

  • 6,845 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked

Listing and Financial Details

  • Legal Lot and Block 17 / 7
  • Assessor Parcel Number 066101025

Community Details

Overview

  • No Home Owners Association

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$3,975

Lot Details

0

Listing Details

  • Subdivision Name Other: Morro Heights (810)
  • View: No
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 066101025
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 40.18

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Corners Marked, Level, Paved
  • Lot Size Sq Ft: 6845.00
  • Lot Size Acres: 0.1571
  • Latitude Manual: 35.36451600

Multi Family

  • Lot Size Area: 6845.0000 Square Feet

Tax Info

  • Tax Block: 7
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Strickland Michael
Bought by
Borges Jeffrey and Borges Michele
Current Estimated Value
$614,099

Purchase Details

Listed on
Jan 5, 2020
Closed on
Feb 3, 2020
Sold by
Cramer Keith
Bought by
Strickland Michael
Seller's Agent
Carolyn McNairn
RE/MAX Parkside Real Estate
Buyer's Agent
Christine McDonald
Coastal Real Estate
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%
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
Borges Jeffrey $236,000 Placer Title Company
Strickland Michael -- Placer Title Company
Strickland Michael $235,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $275,000 -8.3% --
01/24/2020 01/24/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $299,900 -- --
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 $3,975 $366,858 $312,458 $54,400
2024 $3,903 $359,666 $306,332 $53,334
2023 $3,903 $352,615 $300,326 $52,289
2022 $4,318 $408,000 $357,000 $51,000
2021 $2,951 $277,849 $227,331 $50,518
2020 $416 $39,183 $18,135 $21,048
2019 $412 $38,416 $17,780 $20,636
2018 $404 $37,664 $17,432 $20,232
2017 $396 $36,927 $17,091 $19,836
2016 $388 $36,204 $16,756 $19,448
2015 $382 $35,661 $16,505 $19,156
2014 $351 $34,963 $16,182 $18,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20002625

California Regional Multiple Listing Service (CRMLS)

APN: 066-101-025