NOT LISTED FOR SALE

8485 Morro Rd Atascadero, CA 93422

Estimated Value: $488,214

3 Beds
1 Bath
861 Sq Ft
$567/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $459,000 $533 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,187/month

38 Days on Market

Highlights

  • RV Access or Parking
  • Community Lake
  • No HOA
  • Colonial Architecture
  • Main Floor Bedroom
  • 5-minute walk to Charles Paddock Zoo

About This Home

As of April 2022

The true investors dream with an immaculate location! A superior frontage lot on the frequently traveled HWY 41! This private yet accessible home/lot is 16,920 sq ft sits in between Morro Road and Amapoa Ave while facing North on Morro Road (HWY 41). This rectangular lot is zoned Commerical Professional but offers potential for additional residential on top of retail, business, or hospitality commercial opportunities. The home that currently sits on the lot is 861 sqt ft with 3 bedrooms and 1 bath with potential for renovations. The backyard perimeter is fully fenced but does offer additional lot access from Amapoa Ave. The garage is currently used as storage, has interior redwood framing, and electricity throughout. Due to the garage doors being secured shut, with a little TLC the garage could be a great space for a studio, art room, or office. The lot has convenient access from both Amapoa Ave and Morro Road, is very close to Atascadero Lake Park, and is located close to the San Gabriel & Santa Rosa school districts while also remaining very close to Atascadero High School. Let your investing imagination run wild with this spectacular lot that offers ample opportunity! Shown by appointment only. Owner-occupied.

Last Agent to Sell the Property

Lauri Strain

Attune Real Estate License #01439653 Listed on: 01/24/2022

Last Buyer's Agent

Rick Cook

Keller Williams Realty Central Coast License #02080986

Keller Williams Realty Central Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,886

Year Built

  • Built in 1920

Lot Details

  • 0.39 Acre Lot
  • Northwest Facing Home
  • Wood Fence
  • Rectangular Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CP

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • 1 Detached Carport Space
  • Pull-through
  • Parking Available
  • RV Access or Parking

Home Design

  • Colonial Architecture
  • Cottage
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Flat Roof Shape
  • Bitumen Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 861 Sq Ft Home
  • Entryway
  • Family Room
  • Living Room
  • Carpet
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Formica Counters In Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Shed

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 8 / EC
  • Assessor Parcel Number 031302011
  • $29,849 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Atnorthwest Subdivision
  • Community Lake
  • Foothills

Recreation

  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,886

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, dryer, window cooler
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: ATNorthwest(20)
  • View: Yes
  • Zoning: CP
  • Architectural Style: Colonial, Cottage
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 031302011
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 861.00 Square Feet
  • Interior Amenities: Formica Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 533.10
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower, Formica Counters, Walk-In Shower
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Concrete Perimeter
  • Other Structures: Shed(s), Storage
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Bitumen, Flat
  • Spa: No
  • Construction Materials: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, On Site, Pull-through, RV Access/Parking
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking, Lake, Park, Sidewalks, Street Lights, Urban

Schools

  • School District: Atascadero Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Sq Ft: 16920.00
  • Lot Size Acres: 0.3884

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: EC
  • Tax Census Tract: 126.00
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 29849.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 17, 2022
Sold by
Peterson Family Trust
Bought by
Portlock Neal and Portlock Darcy C
Seller's Agent
Lauri Strain
Attune Real Estate
Buyer's Agent
Rick Cook
Keller Williams Realty Central Coast
List Price
$499,000
Sold Price
$459,000
Premium/Discount to List
-$40,000
-8.02%
Current Estimated Value
$488,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,214
Avg. Annual Appreciation
1.93%
Original Mortgage
$367,200
Outstanding Balance
$346,940
Interest Rate
4.16%
Estimated Equity
$141,776

Purchase Details

Closed on
Aug 7, 1998
Sold by
Peterson Norman R and Peterson Patricia E
Bought by
Peterson Norman Ray and Peterson Patricia E
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
Portlock Neal $459,000 Fidelity National Title
Peterson Norman Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portlock Neal $367,200
Previous Owner Peterson Norman Ray $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $459,000 0.0% $533 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/28/2022 02/28/22 Price Changed $459,000 -8.0% $533 / Sq Ft
02/02/2022 02/02/22 For Sale $499,000 0.0% $580 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $499,000 -- $580 / 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 $5,886 $487,093 $371,422 $115,671
2024 $5,884 $477,543 $364,140 $113,403
2023 $5,884 $468,180 $357,000 $111,180
2022 $835 $30,445 $14,157 $16,288
2021 $751 $29,849 $13,880 $15,969
2020 $602 $29,544 $13,738 $15,806
2019 $536 $28,966 $13,469 $15,497
2018 $488 $28,399 $13,205 $15,194
2017 $482 $27,844 $12,947 $14,897
2016 $476 $27,299 $12,694 $14,605
2015 $471 $26,890 $12,504 $14,386
2014 $450 $26,365 $12,260 $14,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS21265051

California Regional Multiple Listing Service (CRMLS)

APN: 031-302-011