NOT LISTED FOR SALE

730 Luisita St Morro Bay, CA 93442

Estimated Value: $1,806,000 - $2,026,009

4 Beds
3.5 Baths
3,231 Sq Ft
$589/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $955,000 $296 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $11,108/month

127 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • Deck
  • Del Mar Elementary School Rated A-
  • Maid or Guest Quarters
  • Cathedral Ceiling

About This Home

As of December 2015

Exclusive office listing,Morro Heights, Outstanding Views, Sought after location! Originally built in 1948 this home features a extensive renovation completed in 2005 that included, wiring, plumbing, dual pane windows, full kitchen remodel with custom cabinetry, granite counter tops and chef grade appliances. Located in Morro Bay's banana belt'' micro climate, enjoy the views from both levels on the wrap around deck. With four bedrooms and four baths there is plenty of room for family and friends, this home has been a very successful and producing vacation rental, so come live part time and enjoy the income when you are not here. There is also a nice office space, with a separate entrance and off street parking. Close to the Golf course and marina. This is a must see property!

Last Agent to Sell the Property

Donald Hudson

Re/Max Pines by the Sea License #01799653 Listed on: 05/19/2015

Re/Max Pines by the Sea

Last Buyer's Agent

Donald Hudson

Re/Max Pines by the Sea License #01799653 Listed on: 05/19/2015

Re/Max Pines by the Sea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,172

Year Built

  • Built in 1948

Lot Details

  • 5,602 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Lot Sloped Down

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Hills
  • Rock

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,231 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Vinyl Flooring
  • Home Security System

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066237006

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,172

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Security: Security System
  • Subdivision Name Other: Morro Heights(810)
  • View: Yes
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066237006
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3231.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Pantry
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas, Free Standing
  • Levels: Two
  • Price Per Square Foot: 295.57
  • Room Type: Bonus Room, Family Room, Guest/Maid's Quarters, Main Floor Master Bedroom, Office
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, Hills, Ocean, Panoramic, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Garage Faces Rear, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Phone Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, Water Purifier
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Lot Features: Sloped Down, Paved
  • Lot Size Sq Ft: 5602.00
  • Lot Size Acres: 0.1290

Multi Family

  • Lot Size Area: 5602.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2020
Sold by
Moss Charlene K and Moss Richard M
Bought by
Moss Richard M and Moss Charlene K
Current Estimated Value
$1,904,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Outstanding Balance
$232,583
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,671,419

Purchase Details

Closed on
Nov 9, 2016
Sold by
Moss Charlene K and Moss Richard M
Bought by
Moss Richard M and Moss Charlene K

Purchase Details

Closed on
Oct 8, 2015
Sold by
Cave Garilee D
Bought by
Moss Charlene K and Moss Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Cave Gerald L and Cave Garilee D
Bought by
Cave Gerald L and Cave Garilee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Cave Gerald L
Bought by
Cave Gerlad L and Cave Gerilee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 6, 2002
Sold by
Cave Gerald L and Cave Garilee D
Bought by
Cave Gerald L and Cave Garilee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.62%

Purchase Details

Closed on
Sep 20, 2000
Sold by
Cave Gerald Lee and Cave Garilee Deanne
Bought by
Cave Gerald L and Cave Garilee D
Source: Public Records

Range of Values:

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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
Moss Richard M -- Timios Title A Ca Corp
Moss Charlene K -- Timios Title A Ca Corp
Moss Richard M -- None Available
Moss Charlene K $955,000 Fidelity National Title Co
Cave Gerald L -- --
Cave Gerald L -- First American Title Co
Cave Gerlad L -- First American Title Company
Cave Gerald L -- First American Title Company
Cave Gerald L -- First American Title Company
Cave Gerald L -- Chicago Title Co
Cave Gerald L -- Chicago Title Co
Cave Gerald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss Charlene K $322,000
Previous Owner Moss Charlene K $350,000
Previous Owner Cave Gerald L $825,000
Previous Owner Cave Gerald L $100,000
Previous Owner Cave Gerald L $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold $955,000 -4.4% $296 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
08/11/2015 08/11/15 Price Changed $999,000 -7.4% $309 / Sq Ft
05/19/2015 05/19/15 For Sale $1,079,000 -- $334 / 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 $12,172 $1,130,520 $473,516 $657,004
2024 $11,950 $1,108,354 $464,232 $644,122
2023 $11,950 $1,086,623 $455,130 $631,493
2022 $11,200 $1,065,317 $446,206 $619,111
2021 $11,094 $1,044,429 $437,457 $606,972
2020 $10,981 $1,033,721 $432,972 $600,749
2019 $10,867 $1,013,453 $424,483 $588,970
2018 $10,654 $993,582 $416,160 $577,422
2017 $10,445 $974,100 $408,000 $566,100
2016 $10,240 $955,000 $400,000 $555,000
2015 $5,902 $550,601 $240,406 $310,195
2014 $5,420 $539,816 $235,697 $304,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1055350

California Regional Multiple Listing Service (CRMLS)

APN: 066-237-006