NOT LISTED FOR SALE

750 Monterey Ave Morro Bay, CA 93442

Estimated Value: $989,000 - $1,180,000

3 Beds
1.5 Baths
1,450 Sq Ft
$753/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $750,000 $517 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,639/month

131 Days on Market

Highlights

  • Ocean View
  • Fishing
  • Property is near public transit
  • Del Mar Elementary School Rated A-
  • 0.31 Acre Lot
  • 1-minute walk to Coleman Park

About This Home

As of October 2020

The downtown location can't be beat. Situated on one of Morro Bay's charming streets is this quintessential California Craftsman. Constructed at a point in time where particular features, characteristics, and quality were of great importance. The attention to detail includes picture rails, custom built-in cabinets, mudroom, basement, enclosed front porch, and a jack-n-jill bathroom. A true fixer with good bones that is perfect for those looking to restore the charm of a classic beach house with a large yard. If development is what your after then the 13,456 square foot lot has the capacity to become a multi unit property. Zoned C-1/R-4 with S-4 overlay. Whatever you decide, the ocean views are there to be enjoyed. Check with City Planning to realize its potential!

Last Agent to Sell the Property

Frankie Ciano

Ciano Real Estate, Inc. License #01412309 Listed on: 05/15/2020

Last Buyer's Agent

Frankie Ciano

Ciano Real Estate, Inc. License #01412309 Listed on: 05/15/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,796

Year Built

  • Built in 1924

Lot Details

  • 0.31 Acre Lot
  • Rectangular Lot

Property Views

  • Ocean
  • Bay
  • Dune

Home Design

  • Cement Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Location

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 066121004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,796

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Town of El Morro(830)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066121004
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1450.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 517.24
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Dunes, Bay, Ocean
  • Pool Private: No
  • Construction Materials: Cement Siding

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 13456.00
  • Lot Size Acres: 0.3089
  • Latitude Manual: 35.36541800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13456.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Oct 5, 2020
Sold by
Jacques Mounier Pierre Jean
Seller's Agent
Frankie Ciano
Ciano Real Estate, Inc.
Buyer's Agent
Frankie Ciano
Ciano Real Estate, Inc.
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%
Current Estimated Value
$1,092,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,521
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
May 15, 2020
Closed on
Oct 1, 2020
Sold by
Jacques Mounier Pierre Jean
Seller's Agent
Frankie Ciano
Ciano Real Estate, Inc.
Buyer's Agent
Frankie Ciano
Ciano Real Estate, Inc.
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%

Purchase Details

Closed on
Apr 19, 2005
Sold by
Mounier P J J and Mounier Theresa A
Bought by
Mounier Pierre J J and Mounier Theresa A
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
-- -- --
Markarian Gregory D $750,000 First American Title Company
-- -- --
Mounier Pierre J J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory And Lisa Markarian Tru $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $750,000 -6.1% $517 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $799,000 -3.6% $551 / Sq Ft
05/15/2020 05/15/20 For Sale $829,000 -- $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 $8,796 $841,522 $595,337 $246,185
2024 $8,637 $795,905 $583,664 $212,241
2023 $8,637 $780,300 $572,220 $208,080
2022 $8,096 $765,000 $561,000 $204,000
2021 $7,967 $750,000 $550,000 $200,000
2020 $671 $63,174 $48,399 $14,775
2019 $664 $61,936 $47,450 $14,486
2018 $576 $60,722 $46,520 $14,202
2017 $563 $59,532 $45,608 $13,924
2016 $551 $58,365 $44,714 $13,651
2015 $541 $57,489 $44,043 $13,446
2014 $496 $56,364 $43,181 $13,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC20093517

California Regional Multiple Listing Service (CRMLS)

APN: 066-121-004