Seller's Agent in 2022
Monica King
BHGRE HAVEN PROPERTIES
(805) 550-0603
13 in this area
76 Total Sales
888 Napa Ave Morro Bay, CA 93442
Estimated Value: $1,926,181
3
Beds
3
Baths
7,737
Sq Ft
$249/Sq Ft
Est. Value
Highlights
- 0.33 Acre Lot
- Corner Lot
- 3-minute walk to Coleman Park
- Del Mar Elementary School Rated A-
About This Home
As of September 2022Unique opportunity to own a mixed use commercial/retail and residential property located in the center of quaint downtown Morro Bay! This property consists of 10 residential units and 6 commercial units. Addresses include 501,505, 507 Morro Bay Blvd and 828, 830,834, 838, 840, 850A/B, 860A/B, 862, 868, 878 and 888 Napa St. Some of the units have been updated and some could use a bit of TLC, there are rock views from some of the residential units too. This property also has huge potential for a development project, the lot is over 14,000 feet and there is good parking on site. Check with the Planning and Building Department of the City of Morro Bay for uses, options and the pending adoption of zoning and height limit changes. This is a special property in the heart of Morro Bay. Information is not verified or guaranteed by listing broker.
Last Agent to Sell the Property
BHGRE HAVEN PROPERTIES License #01229478 Listed on: 07/15/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 0.33 Acre Lot
- Two or More Common Walls
- Corner Lot
- Level Lot
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 7,737 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
- On-Street Parking
- Off-Street Parking
Utilities
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 066066007
Community Details
Overview
- 4 Buildings
- 16 Units
- Town Of El Morro Subdivision
Building Details
- 16 Leased Units
- Rent Control
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2022
Closed on
Aug 25, 2022
Sold by
Mbnapa Enterprises Llc
Bought by
Orrom Properties Llc
Seller's Agent
Monica King
BHGRE HAVEN PROPERTIES
Buyer's Agent
Kirk Psenner
Premier Plus Real Estate Company
List Price
$1,800,000
Sold Price
$1,901,000
Premium/Discount to List
$101,000
5.61%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,181
Avg. Annual Appreciation
0.39%
Purchase Details
Closed on
Oct 25, 2013
Sold by
Irons Jamie L and Irons Monica M
Bought by
Mbnapa Enterprises Llc
Purchase Details
Closed on
Feb 1, 2013
Sold by
888 Napa Avenue Llc
Bought by
Irons Jamie L and Irons Monica M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 16, 2012
Sold by
Shaw Edwin R and Frigon Bradley J
Bought by
888 Napa Avenue Llc
Purchase Details
Closed on
Oct 21, 2008
Sold by
Frigon Bradley J and Shaw Edwin R
Bought by
888 Napa Avenue Llc
Purchase Details
Closed on
Sep 4, 2007
Sold by
Frigon Bradley J and Shaw Edwin R
Bought by
Frigon Bradley J and Shaw Edwin R
Purchase Details
Closed on
May 25, 2005
Sold by
Lein John and Lein Miriam A
Bought by
Lein John
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orrom Properties Llc | $1,901,000 | -- | |
| Mbnapa Enterprises Llc | -- | Accommodation | |
| Irons Jamie L | $825,000 | Fidelity National Title Co | |
| Irons Jamie L | $825,000 | Fidelity National Title Co | |
| 888 Napa Avenue Llc | -- | None Available | |
| Shaw Edwin R | -- | None Available | |
| 888 Napa Avenue Llc | -- | None Available | |
| 888 Napa Avenue Llc | -- | None Available | |
| Frigon Bradley J | -- | None Available | |
| Lein John | -- | -- | |
| Lein John | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Irons Jamie L | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2022 09/06/22 | Sold | $1,901,000 | +5.6% | $246 / Sq Ft |
| 08/04/2022 08/04/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | For Sale | $1,800,000 | -- | $233 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $21,429 | $1,977,800 | $468,180 | $1,509,620 |
| 2024 | $21,042 | $1,939,020 | $459,000 | $1,480,020 |
| 2023 | $21,042 | $1,901,000 | $450,000 | $1,451,000 |
| 2022 | $10,131 | $957,325 | $417,742 | $539,583 |
| 2021 | $9,970 | $938,554 | $409,551 | $529,003 |
| 2020 | $9,868 | $928,931 | $405,352 | $523,579 |
| 2019 | $9,765 | $910,717 | $397,404 | $513,313 |
| 2018 | $9,574 | $892,861 | $389,612 | $503,249 |
| 2017 | $9,386 | $875,355 | $381,973 | $493,382 |
| 2016 | $9,202 | $858,192 | $374,484 | $483,708 |
| 2015 | $9,062 | $845,302 | $368,859 | $476,443 |
| 2014 | $8,321 | $828,745 | $361,634 | $467,111 |
Source: Public Records
Agents Affiliated with this Home
-
Monica King
-
Kate Hendrickson
Seller Co-Listing Agent in 2022
Kate Hendrickson
BHGRE HAVEN PROPERTIES
(805) 801-1979
14 in this area
104 Total Sales
-
Kirk Psenner
Buyer's Agent in 2022
Kirk Psenner
Premier Plus Real Estate Company
(559) 269-7063
9 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC22155915
APN: 066-066-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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