NOT LISTED FOR SALE

741 Piney Way Unit 14 Morro Bay, CA 93442

Estimated Value: $968,000 - $1,127,000

3 Beds
2.5 Baths
1,685 Sq Ft
$300/mo HOA Fee

Last Sold April 11, 2018

Last sale price $809,000 $480 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,662/month

26 Days on Market

Highlights

  • Ocean View
  • No Units Above
  • Updated Kitchen
  • Del Mar Elementary School Rated A-
  • Two Primary Bedrooms
  • 4-minute walk to Coleman Park

About This Home

As of April 2018

STUNNING OCEAN VIEWS from this desirable End Unit 3 bedroom 3 bathroom Condo! This property is located in the Morro Heights Area close to many restaurants, movie theater and quaint downtown shops. This Condo is in move in condition ready with updated kitchen and bathrooms for the new buyers to enjoy! The floor plan has two master suites with multiple balconies to sit and take in the views. The gated complex has your two car garage along with guest parking. Call your REALTOR today for a showing!

Last Agent to Sell the Property

Kathy Robertshaw

R n R Properties License #01485889 Listed on: 01/27/2018

Last Buyer's Agent

Nick Hall

Liberty Realty License #00476431

Liberty Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,896

Year Built

  • Built in 1993

Lot Details

  • No Units Above
  • End Unit
  • Two or More Common Walls
  • Wrought Iron Fence
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Automatic Gate
  • Guest Parking

Property Views

  • Ocean
  • Back Bay
  • City Lights
  • Rock

Home Design

  • Entry on the 2nd floor
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,685 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Features Blower Fan
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Closet In Bathroom

Outdoor Features

  • Living Room Balcony

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 066125025

Community Details

Overview

  • 14 Units
  • Alta Morro Homeowners Association Heather Association, Phone Number (805) 544-9093
  • Maintained Community

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,896

Year Built

Built in 1993

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refigerator / Washer and Dryer
  • Property Attached: Yes
  • Security: Automatic Gate
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 066125025
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1685.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Living Room Balcony, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas, Blower Fan
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 480.12
  • Room Type: Two Masters, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Remodeled
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Back Bay, Bay, City Lights, Ocean, Rocks
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Dues Paid Monthly, Pet Rules, Pets Permitted
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Alta Morro Homeowners Association- Heather
  • Phone: 805 544-9093
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 1685.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 14
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 106.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Cook Larry F and Hood Barbara E
Bought by
Cook Larry F and Larry F Cook Family Trust
Current Estimated Value
$1,057,870

Purchase Details

Listed on
Jan 27, 2018
Closed on
Mar 3, 2018
Sold by
Sorensen E N and E N Sorensen M D Revocable Tru
Bought by
Cook Larry F and Hood Barbara E
Seller's Agent
Kathy Robertshaw
R n R Properties
Buyer's Agent
Nick Hall
Liberty Realty
List Price
$829,500
Sold Price
$809,000
Premium/Discount to List
-$20,500
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$409,000
Outstanding Balance
$350,894
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$706,976

Purchase Details

Closed on
Apr 17, 2008
Sold by
Sorensen Eric N and Sorensen Elizabeth Ann
Bought by
Sorensen Md E N

Purchase Details

Closed on
Oct 24, 2006
Sold by
Sorensen Elizabeth
Bought by
Sorensen Md Eric N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2006
Sold by
Lichtenstein Michal and Lichtenstein Anne Marie Bjorck
Bought by
Sorensen Md Eric N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Cook Larry F -- None Available
Cook Larry F $809,000 Placer Title Co
Sorensen Md E N -- None Available
Sorensen Md Eric N -- Fidelity National Title Co
Sorensen Md Eric N $772,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Larry F $409,000
Previous Owner Sorensen Md Eric N $618,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2018 04/11/18 Sold $809,000 -2.5% $480 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
01/27/2018 01/27/18 For Sale $829,500 -- $492 / 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 $9,896 $920,499 $568,913 $351,586
2024 $9,716 $902,451 $557,758 $344,693
2023 $9,716 $884,757 $546,822 $337,935
2022 $9,105 $867,409 $536,100 $331,309
2021 $8,959 $850,402 $525,589 $324,813
2020 $8,866 $841,683 $520,200 $321,483
2019 $8,773 $825,180 $510,000 $315,180
2018 $6,627 $618,000 $360,000 $258,000
2017 $6,273 $585,000 $340,000 $245,000
2016 $6,080 $567,000 $330,000 $237,000
2015 $5,875 $548,000 $320,000 $228,000
2014 $5,171 $515,000 $300,000 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC18012281

California Regional Multiple Listing Service (CRMLS)

APN: 066-125-025