NOT LISTED FOR SALE

725 Piney Way Unit 6 Morro Bay, CA 93442

Estimated Value: $902,437 - $1,168,000

2 Beds
2.5 Baths
1,443 Sq Ft
$360/mo HOA Fee

Last Sold December 12, 2022

Last sale price $825,000 $572 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,466/month

10 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • Del Mar Elementary School Rated A-
  • Gated Community
  • 5-minute walk to Coleman Park

About This Home

As of December 2022

Easy Beach Living! You won't want to miss this bright and cheerful Top Floor unit located in downtown Morro Bay. Alta Morro Villas Gated Community is a highly sought after location that is close to restaurants, shopping, and the Embarcadero where you will find sport fishing, whale watching, and more.
This unit has two beautiful owner's suites that are privately situated away from one another. The great room opens onto a beautiful deck/balcony where you can enjoy your morning coffee, brunch, or dinner while overlooking the distant views of ocean/jetty. The fireplace offers a handy remote control. In the corner of the great room you will find a built in cabinetry with a wet bar, the flooring has been upgraded. The kitchen is nicely located with a breakfast bar, pantry, recessed lighting, and custom tile work. When you enter the home, you are received by a large tiled foyer that is classy and unique. Step-up to the front Owner's Suite where you will find a beautiful room and balcony with Morro Rock views; room has private bathroom accommodations, large walk-in wardrobe. This home has many up grades and is tastefully decorated with a nautical theme. If you are looking for either a vacation home or primary home you have found the perfect spot in Morro Bay. A few furnishings may also be available. Double garage is located across from the unit, inside the gated parking.

Last Agent to Sell the Property

Twila Arritt

Compass California, Inc.-PB License #00628007 Listed on: 10/17/2022

Compass California, Inc.-PB

Co-Listed By

Ken Arritt

Compass California, Inc.-PB License #00696724

Last Buyer's Agent

Nancy Tucker

Modern Broker-Pismo Beach License #01709351

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,300

Year Built

  • Built in 1993

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Automatic Gate

Property Views

  • Ocean
  • Back Bay
  • Harbor
  • City Lights
  • Neighborhood
  • Rock

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Split Level Home
  • Entry on the 2nd floor
  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,443 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Formal Entry
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Utility Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Corian Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Corian Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Living Room Balcony
  • Patio
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2051
  • Assessor Parcel Number 066125017

Community Details

Overview

  • Master Insurance
  • 16 Units
  • Alta Morro Association, Phone Number (805) 602-9117
  • Management Trust HOA
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,300

Year Built

Built in 1993

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: R4
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 066125017
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1443.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Corian Counters, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Wet Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 2
  • Fireplace Features: Gas, Gas Starter, Great Room
  • Levels: One, Multi/Split
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 571.73
  • Room Type: Entry, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Main Floor Master Bedroom, Master Bathroom, Master Suite, Two Masters, Utility Room, Walk-In Closet
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Corian Counters, Double Sinks In Master Bath, Exhaust Fan(s), Main Floor Full Bath, Separate Tub And Shower, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Corian Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Back Bay, Bay, City Lights, Harbor, Neighborhood, Ocean, Rocks, Water
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Refrigerator, Trash Compactor, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Management, Controlled Access
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Alta Morro
  • Phone: 8056029117
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Management Trust

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 1443.00
  • Lot Size Acres: 0.0331

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1443.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Census Tract: 106.02
  • Tax Lot: 1
  • Tax Tract Number: 2051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 18, 2022
Sold by
Bartel Revocable Living Trust
Bought by
Rodrigues Aldina Martins and Carlson Elizabeth Martins
Seller's Agent
Twila Arritt
Compass California, Inc.-PB
Buyer's Agent
Nancy Tucker
Modern Broker-Pismo Beach
List Price
$825,000
Sold Price
$825,000
Views
41
Current Estimated Value
$1,016,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,359
Avg. Annual Appreciation
7.51%
Original Mortgage
$618,750
Outstanding Balance
$600,015
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$416,344

Purchase Details

Closed on
Mar 30, 2001
Sold by
Pruitt William M
Bought by
Bartel Ronald and Bartel Dorothy

Purchase Details

Closed on
Jun 29, 1995
Sold by
Snyder Robert H and Snyder Sharon
Bought by
Pruitt William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.62%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Rodrigues Aldina Martins $825,000 Fidelity National Title
Bartel Ronald $350,000 First American Title
Pruitt William M -- Fidelity National Title Ins
Pruitt William M $225,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodrigues Aldina Martins $618,750
Previous Owner Pruitt William M $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $825,000 0.0% $572 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $825,000 -- $572 / 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 $9,300 $858,330 $494,190 $364,140
2024 $9,132 $841,500 $484,500 $357,000
2023 $9,132 $825,000 $475,000 $350,000
2022 $5,259 $496,960 $283,979 $212,981
2021 $5,175 $487,216 $278,411 $208,805
2020 $5,122 $482,221 $275,557 $206,664
2019 $5,069 $472,766 $270,154 $202,612
2018 $4,970 $463,497 $264,857 $198,640
2017 $4,872 $454,410 $259,664 $194,746
2016 $4,777 $445,501 $254,573 $190,928
2015 $4,704 $438,811 $250,750 $188,061
2014 $4,319 $430,217 $245,839 $184,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22223095

California Regional Multiple Listing Service (CRMLS)

APN: 066-125-017