NOT LISTED FOR SALE

855 Olive St Morro Bay, CA 93442

Estimated Value: $941,000 - $1,051,000

2 Beds
1 Bath
1,218 Sq Ft
$811/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $945,000 $776 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,040/month

6 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Wood Flooring
  • Del Mar Elementary School Rated A-
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of July 2022

Come experience a true gem on the Central Coast of California! This charming Morro Bay Heights, single-story bungalow has a beautiful view of Morro Rock and is ideally located close to everything Morro Bay has to offer. Step through the front door and into the spacious great room that consists of a cozy living room with fireplace, dining room, and light and bright kitchen. The 2 bedrooms have ample space and the single bathroom is perfect to share. Enjoy the huge backyard with a tiered deck and lots of room for entertaining. It’s a blank slate just ready for your special touches and would be the a fabulous entertaining spot. There’s plenty of parking for you and your friends between the 2-car garage, driveway, and additional parking out front. This is the perfect house to add your creative touches to make it into a gorgeous beachside getaway that anyone can enjoy. The home has been virtually staged to show its potential now. We have architectural plans for a remodel and addition to show what can be done in the future. The location is ideal close to downtown Morro Bay, the Embarcadero, Morro Bay State Park, stores, great restaurants, local amenities, and has easy access to the highway. Bring your ideas and see how you can make it your own!

Last Agent to Sell the Property

Kathy Fissori

Real Broker License #01403817 Listed on: 07/01/2022

Real Broker

Co-Listed By

Peter Joehnk

Real Broker License #02094564

Last Buyer's Agent

Gayle Jenkins

Re/Max Pines by the Sea License #02127243

Re/Max Pines by the Sea

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 5,750 Sq Ft Lot
  • Rural Setting
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,218 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Wood
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 22
  • Assessor Parcel Number 066194018

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066194018
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1218.00 Square Feet
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 775.86
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood, Ocean
  • Patio And Porch Features: Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Tankless Water Heater
  • Heating Type: Fireplace(s), Floor Furnace, Forced Air, Wood
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Golf, Park, Mountainous, Preserve/Public Land, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5750.00
  • Lot Size Acres: 0.1320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 106.02
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Linfield Brenda
Bought by
Brenda Linfield Revocable Trust and Linfield
Current Estimated Value
$987,493

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 15, 2022
Sold by
Drysdale Regina A
Bought by
Linfield Brenda
Seller's Agent
Kathy Fissori
Real Broker
Buyer's Agent
Gayle Jenkins
Re/Max Pines by the Sea
List Price
$899,000
Sold Price
$945,000
Premium/Discount to List
$46,000
5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%

Purchase Details

Listed on
Sep 1, 2021
Closed on
Sep 8, 2021
Sold by
Gabriel Terrence and Gabriel Joan
Bought by
Drysdale Regina A and Regina Drysdale Living Trust
Seller's Agent
Patricia Crowe
Compass
Buyer's Agent
Michelle Boghosian
Modern Broker-Pismo Beach
List Price
$820,000
Sold Price
$820,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%

Purchase Details

Closed on
Aug 17, 2017
Sold by
Gabriel Terrence and Gabriel Joan
Bought by
Gabriel Terrence and Gabriel Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2016
Sold by
Gabriel Joan
Bought by
Gabriel Terrence and Gabriel Joan

Purchase Details

Closed on
Dec 29, 2004
Sold by
Campbell Joan P
Bought by
Campbell Joan P

Purchase Details

Closed on
Apr 5, 2002
Sold by
Campbell Joan L
Bought by
Campbell Joan L

Purchase Details

Closed on
Mar 10, 1994
Sold by
Peterson Ralph H
Bought by
Peterson Ralph H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brenda Linfield Revocable Trust -- None Listed On Document
Linfield Brenda $945,000 Placer Title
Drysdale Regina A $820,000 Fidelity National Title Co
Gabriel Terrence -- Accommodation
Gabriel Terrence -- Fidelity National Title Co
Gabriel Terrence -- None Available
Gabriel Joan -- None Available
Campbell Joan P -- --
Campbell Joan L -- --
Peterson Ralph H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabriel Terrence $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2022 07/22/22 Sold $945,000 +5.1% $776 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $899,000 +9.6% $738 / Sq Ft
09/14/2021 09/14/21 Sold $820,000 0.0% $673 / Sq Ft View Prior Sale
09/04/2021 09/04/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $820,000 -- $673 / 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 $10,575 $983,178 $676,260 $306,918
2024 $10,383 $963,900 $663,000 $300,900
2023 $10,383 $945,000 $650,000 $295,000
2022 $8,678 $820,000 $575,000 $245,000
2021 $4,107 $375,253 $251,223 $124,030
2020 $3,871 $371,407 $248,648 $122,759
2019 $3,829 $364,125 $243,773 $120,352
2018 $3,753 $356,987 $238,994 $117,993
2017 $3,753 $349,988 $234,308 $115,680
2016 $3,679 $343,126 $229,714 $113,412
2015 $3,623 $337,973 $226,264 $111,709
2014 $3,327 $331,353 $221,832 $109,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22136782

California Regional Multiple Listing Service (CRMLS)

APN: 066-194-018