NOT LISTED FOR SALE

665 Olive St Morro Bay, CA 93442

Estimated Value: $1,510,230 - $1,842,000

3 Beds
3.5 Baths
2,286 Sq Ft
$726/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $1,201,665 $526 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,842/month

3 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Primary Bedroom Suite
  • Del Mar Elementary School Rated A-
  • Fishing
  • Maid or Guest Quarters

About This Home

As of July 2020

Incredible opportunity awaits. This gorgeous 3 bedroom 3 full bath home boasts amazing views of the Morro Bay Rock as well as the bay itself. Enjoy these views from virtually every room in the house not just the expansive decks. This home also features a very unique floor plan. The downstairs area can be closed off from the rest of the home and features its own entrance, bedroom , living room, laundry facility and kitchenette. It makes a perfect mother in law quarters or just use it as another living / family room area. Many possibilities with this newer Custom Home in the desirable Morro Heights area.

Last Agent to Sell the Property

Carl Tyler

Tyler Properties License #01272017 Listed on: 05/21/2020

Last Buyer's Agent

Carl Tyler

Tyler Properties License #01272017 Listed on: 05/21/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 6,300 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R2

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Harbor

Interior Spaces

  • 2,286 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 7 / F
  • Assessor Parcel Number 066187004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066187004
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2286.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Balcony, Cathedral Ceiling(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 525.66
  • Room Type: Guest/Maid's Quarters, Master Suite, Walk-In Closet

Exterior Features

  • View: Bay, Coastline, Harbor, Ocean, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1446

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6300.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: F
  • Tax Census Tract: 106.02
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 4, 2020
Sold by
Henderson Clarice Clark and The Wiley Family Trust
Bought by
Teter Patrick R and Teter Nanci R
Seller's Agent
Carl Tyler
Tyler Properties
Buyer's Agent
Carl Tyler
Tyler Properties
List Price
$1,169,900
Sold Price
$1,201,665
Premium/Discount to List
$31,765
2.72%
Current Estimated Value
$1,660,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,893
Avg. Annual Appreciation
6.05%
Original Mortgage
$400,000
Outstanding Balance
$354,569
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,305,989

Purchase Details

Closed on
Jan 15, 2016
Sold by
Wiley Susan D
Bought by
Wiley Susan D

Purchase Details

Closed on
Jan 14, 2005
Sold by
Romero Robert
Bought by
Wiley Susan D

Purchase Details

Closed on
Jul 10, 2003
Sold by
Hibbard Kenneth Edmund
Bought by
Romero Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,750
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teter Patrick R $1,202,000 Placer Title Company
Wiley Susan D -- None Available
Wiley Susan D $959,000 First American Title Company
Romero Robert $381,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teter Patrick R $400,000
Previous Owner Romero Robert $285,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $1,201,665 +2.7% $526 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $1,169,900 -- $512 / 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 $14,015 $1,300,648 $703,580 $597,068
2024 $13,760 $1,275,146 $689,785 $585,361
2023 $13,760 $1,250,144 $676,260 $573,884
2022 $12,896 $1,225,632 $663,000 $562,632
2021 $12,690 $1,201,600 $650,000 $551,600
2020 $12,984 $1,222,288 $637,274 $585,014
2019 $11,934 $1,113,000 $580,000 $533,000
2018 $11,859 $1,113,000 $580,000 $533,000
2017 $10,830 $1,017,000 $530,000 $487,000
2016 $9,693 $911,000 $475,000 $436,000
2015 $8,512 $801,000 $420,000 $381,000
2014 $7,480 $752,000 $390,000 $362,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20095473

California Regional Multiple Listing Service (CRMLS)

APN: 066-187-004