NOT LISTED FOR SALE

7900 Morro Rd Atascadero, CA 93422

Estimated Value: $856,849

0.85 Acre
$1,008,770 Price per Acre
37,000 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $800,000

Est. 7% increase in value since last sale

Current estimated payment $5,314/month

185 Days on Market

Highlights

  • 0.85 Acre Lot
  • Corner Lot
  • Neighborhood Views
  • Monterey Road Elementary School Rated A-
  • No HOA
  • Wood Fence

About This Lot

As of April 2022

Premium frontage on one of the most frequently traveled roads in the North County! This highly visible 37,000 square foot corner lot borders Morro Rd (HWY 41) and Curbaril Avenue (North) and as zoned Commercial Professional (CP) has multiple potential uses for virtually all kinds of Commercial, and possibly residential too! Recently completed offsite improvements include curb, gutters, sidewalk, streetlights and pavement. A huge impact and cost, done and now ready to build! Excellent location for a restaurant, retail, hospitality, mixed use with second floor apartments, etc. Lot shape affords numerous options for ingress and egress from Morro Rd and Curbaril as well as on site parking! Scattered willow and oaks on site to work with and close proximity to residential neighborhoods and Atascadero Lake Park!

Last Agent to Sell the Property

Jacob Rodrigues

GUIDE Real Estate License #01868187 Listed on: 09/06/2021

GUIDE Real Estate

Co-Listed By

Tiffany Rodrigues

RE/MAX Success License #02115735

Last Buyer's Agent

Preston Thomas

Colliers Tingey International Inc. License #01378821

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,249

Lot Details

  • 0.85 Acre Lot
  • Wood Fence
  • Corner Lot
  • Property is zoned CP

Utilities

  • Natural Gas Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Neighborhood Views
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 1 / RB
  • Assessor Parcel Number 031183028

Community Details

Overview

  • No Home Owners Association
  • Atsouthwest Subdivision

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$9,249

Lot Details

0

Listing Details

  • Current Use Comments: See supplements for allowable use as CP zoning....
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: ATSouthwest(50)
  • View: Yes
  • Zoning: CP
  • Property Type: Land
  • Parcel Number: 031183028
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 21.62

Exterior Features

  • View: Neighborhood
  • Fencing: Wood

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 37000.00
  • Lot Size Acres: 0.8494

Multi Family

  • Lot Size Area: 37000.0000 Square Feet

Tax Info

  • Tax Block: RB
  • Tax Census Tract: 126.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Apr 22, 2022
Sold by
Francis Xavler Lojacono and Francis Susan Joyce
Bought by
Morro Cottowood Llc
Seller's Agent
Jacob Rodrigues
GUIDE Real Estate
Buyer's Agent
Preston Thomas
Colliers Tingey International Inc.
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$856,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,849
Avg. Annual Appreciation
1.85%
Original Mortgage
$500,000
Outstanding Balance
$473,996
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$377,797
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morro Cottowood Llc $800,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morro Cottowood Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $800,000 -5.9% --
03/10/2022 03/10/22 Pending -- -- --
09/06/2021 09/06/21 For Sale $850,000 -- --
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 $9,249 $848,966 $848,966 --
2024 $9,245 $832,320 $832,320 --
2023 $9,245 $816,000 $816,000 $0
2022 $5,936 $520,082 $520,082 $0
2021 $7,687 $509,885 $509,885 $0
2020 $5,760 $504,657 $504,657 $0
2019 $5,647 $494,762 $494,762 $0
2018 $5,536 $485,061 $485,061 $0
2017 $5,427 $475,550 $475,550 $0
2016 $5,321 $466,226 $466,226 $0
2015 $5,240 $459,223 $459,223 $0
2014 $4,786 $450,228 $450,228 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS21197152

California Regional Multiple Listing Service (CRMLS)

APN: 031-183-028