NOT LISTED FOR SALE

642 Kings Ave Morro Bay, CA 93442

Estimated Value: $607,000 - $662,000

2 Beds
1 Bath
680 Sq Ft
$933/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $400,000 $588 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,769/month

24 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • No HOA
  • Del Mar Elementary School Rated A-
  • Wood Flooring
  • Hiking Trails

About This Home

As of March 2020

Excellent opportunity to build sweat equity with this charming Morro Bay home on good size level lot. The location is great with easy access to 101 and easy walking distance to businesses on Morro Bay Blvd and Morro Bay state park. The home is filled with light and features wood floors. A large deck and your own lemon tree enhance the private back yard.

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

Guadalupe Mendez

RE/MAX Parkside Real Estate License #01892897

RE/MAX Parkside Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,662

Year Built

  • Built in 1955

Lot Details

  • 3,896 Sq Ft Lot
  • Level Lot
  • Property is zoned 10

Home Design

  • 680 Sq Ft Home

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 066101024
  • Tax Block 7

Community Details

Overview

  • No Home Owners Association

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,662

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Morro Heights (810)
  • View: No
  • Zoning: 10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066101024
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 680.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 588.24
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3896.00
  • Lot Size Acres: 0.0894

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3896.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 106.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2020
Closed on
Feb 5, 2020
Sold by
Cramer Keith
Bought by
Garbayo Jordan Ivan and Garbayo Adriane Nicole
Seller's Agent
Carolyn McNairn
RE/MAX Parkside Real Estate
Buyer's Agent
Guadalupe Mendez
RE/MAX Parkside Real Estate
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%
Current Estimated Value
$634,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,338
Avg. Annual Appreciation
9.33%
Original Mortgage
$392,755
Interest Rate
3.6%
Mortgage Type
FHA
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
Garbayo Jordan Ivan $400,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garbayo Jordan Ivan $392,309
Closed Garbayo Jordan Ivan $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $400,000 -6.8% $588 / Sq Ft
02/03/2020 02/03/20 For Sale $429,000 0.0% $631 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $429,000 -- $631 / 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 $4,662 $437,455 $333,560 $103,895
2024 $4,577 $428,878 $327,020 $101,858
2023 $4,577 $420,469 $320,608 $99,861
2022 $4,288 $412,225 $314,322 $97,903
2021 $4,219 $404,143 $308,159 $95,984
2020 $333 $31,345 $8,500 $22,845
2019 $330 $30,732 $8,334 $22,398
2018 $323 $30,130 $8,171 $21,959
2017 $317 $29,540 $8,011 $21,529
2016 $311 $28,961 $7,854 $21,107
2015 $306 $28,527 $7,737 $20,790
2014 $281 $27,969 $7,586 $20,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20002615

California Regional Multiple Listing Service (CRMLS)

APN: 066-101-024