NOT LISTED FOR SALE

846 Anchor St Morro Bay, CA 93442

Estimated Value: $1,108,000 - $1,345,000

3 Beds
2.5 Baths
1,974 Sq Ft
$606/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $510,000 $258 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $6,942/month

102 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • No HOA
  • Del Mar Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of October 2012

This wonderful home in Morro Heights has good views of the ocean and Morro Rock! The price has been dropped below the Zillow estimate $554,000. The home is a great Vacation rental. It is the perfect beach home plus it has a solar power system on the roof that results in nearly free electricity. It features a semi-open floor plan with an excellent kitchen. The dining area has a door to small deck that has a secluded spa with ocean and Rock views. The master bedroom is spacious with a good bathroom--dble lavs, and the other two bedrooms are nicely sized. The long driveway is suitable for RV parking on a temporary basis as the two car garage is at the end of the driveway. Beautiful but easy-care landscaping.

Last Agent to Sell the Property

Janne Reddell

Bayshore Realty License #01193399 Listed on: 05/10/2012

Last Buyer's Agent

Greg Woods

Bayshore Realty License #01307296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 1985

Lot Details

  • 5,401 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • City Lights
  • Rock

Home Design

  • 1,974 Sq Ft Home
  • Raised Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Dishwasher
  • Heated Spa

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066194028

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,804

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Subdivision Name Other: Morro Heights
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066194028
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Living Area: 1974.00
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 258.36
  • Room Type: Main Floor Master Bedroom
  • Spa Features: Heated

Exterior Features

  • Foundation: Raised
  • View: City Lights, Ocean, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Utilities: Cable Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 5401.00
  • Lot Size Acres: 0.1240

Multi Family

  • Lot Size Area: 5401.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Sep 12, 2012
Sold by
Connelly Ray
Bought by
Spate Steven R and Spate Tracy L
Seller's Agent
Janne Reddell
Bayshore Realty
Buyer's Agent
Greg Woods
Bayshore Realty
List Price
$599,000
Sold Price
$510,000
Premium/Discount to List
-$89,000
-14.86%
Current Estimated Value
$1,196,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,536
Avg. Annual Appreciation
7.12%
Original Mortgage
$213,500
Outstanding Balance
$149,198
Interest Rate
3.63%
Mortgage Type
Seller Take Back
Estimated Equity
$1,094,147

Purchase Details

Closed on
Jun 18, 2003
Sold by
Connelly Ray and Connelly Carolyn
Bought by
Connelly Ray and Connelly Carolyn J

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
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Reilly Colleen Ann
Bought by
Connelly Ray and Connelly Carolyn

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
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Reilly Dorothy J
Bought by
Reilly Dorothy J

Purchase Details

Closed on
Oct 1, 2001
Sold by
Va
Bought by
Reilly Colin C and Reilly Dorothy J
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
Spate Steven R $510,000 First American Title Company
Connelly Ray -- --
Connelly Ray $525,000 Fidelity Title Company
Reilly Dorothy J -- --
Reilly Colin C -- --
Reilly Colin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spate Steven R $213,500
Previous Owner Connelly Ray $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $510,000 -5.4% $258 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
07/18/2012 07/18/12 Price Changed $539,000 -1.8% $273 / Sq Ft
06/23/2012 06/23/12 Price Changed $549,000 -8.3% $278 / Sq Ft
05/10/2012 05/10/12 For Sale $599,000 -- $303 / 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 $6,804 $628,013 $338,635 $289,378
2024 $6,681 $615,700 $331,996 $283,704
2023 $6,681 $603,629 $325,487 $278,142
2022 $6,263 $591,794 $319,105 $272,689
2021 $6,163 $580,192 $312,849 $267,343
2020 $6,100 $574,244 $309,642 $264,602
2019 $6,037 $562,985 $303,571 $259,414
2018 $5,918 $551,947 $297,619 $254,328
2017 $5,802 $541,126 $291,784 $249,342
2016 $5,688 $530,516 $286,063 $244,453
2015 $5,602 $522,549 $281,767 $240,782
2014 $5,144 $512,314 $276,248 $236,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC186384

California Regional Multiple Listing Service (CRMLS)

APN: 066-194-028