NOT LISTED FOR SALE

938 Pecho St Morro Bay, CA 93442

Estimated Value: $944,543 - $1,053,000

2 Beds
2 Baths
1,040 Sq Ft
$945/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $920,000 $885 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,712/month

6 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Del Mar Elementary School Rated A-
  • Ocean Side of Highway 1
  • Main Floor Bedroom

About This Home

As of October 2023

Welcome to 938 Pecho Street, a charming single-level home nestled in the picturesque coastal town of Morro Bay, California. This delightful property offers breathtaking ocean and Morro Rock views, providing the perfect backdrop for a relaxed and coastal-inspired lifestyle. This thoughtfully designed home boasts two spacious bedrooms and two bathrooms, offering comfort and convenience for residents and guests alike. The property's new Trex deck at the entry is a wonderful spot to unwind and take in the captivating views of the ocean and iconic Morro Rock. Enjoy your morning coffee or host intimate gatherings while embracing the coastal ambiance. Additionally, the lawn areas in both the front and back of the property provide fantastic opportunities for outdoor activities and relaxation. Step inside to discover a harmonious blend of modern amenities and classic charm. The living area and hallway feature original hardwood flooring that has been lovingly refinished, exuding warmth and character. A ceiling fan in the living room ensures comfort during warmer days. The well-equipped kitchen boasts Lifeproof vinyl plank flooring, recently painted cabinets, and a stylish stainless-steel apron sink. The Frigidaire Gallery stainless steel fridge and 5-burner range with a griddle make cooking a breeze. Enjoy the convenience of a reverse osmosis tap and the updated Formica countertops and backsplash, adding a touch of sophistication to the heart of the home. A Trex stoop off the kitchen provides easy access to the outdoors. Gather around the Jotul gas vertical fireplace in the living area, creating a cozy and inviting atmosphere during cooler evenings. The French door leading to the sunroom fills the space with natural light and enhances the overall appeal of the home. Both sizable bedrooms feature brand new carpeting, closets, and French doors to the back of the home. The primary en-suite bathroom has been recently updated with a painted vanity, new backsplash, and hardware, as well as a shower with a sliding glass door.
The spacious backyard provides a peaceful retreat and ample space for gardening or outdoor entertainment. The property also includes a hot water outdoor shower, perfect for rinsing off after a day at the beach. Don't miss this incredible opportunity to own a delightful ocean-view home with modern upgrades in the sought-after community of Morro Bay. Schedule your private tour today and experience coastal living at its finest!

Last Agent to Sell the Property

Kristen Gentry

Richardson Sotheby's International Realty License #01968754 Listed on: 10/04/2023

Richardson Sotheby's International Realty

Last Buyer's Agent

Mike Moss

Comet Realty License #02182286

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 5,250 Sq Ft Lot
  • Drip System Landscaping
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Parking Available

Property Views

  • Ocean
  • Rock

Home Design

  • Cottage
  • Entry on the 1st floor
  • Additions or Alterations
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Storage

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas and Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Shed
  • Front Porch

Location

  • Suburban Location

Utilities

  • Baseboard Heating
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Morro Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066201037

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066201037
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1040.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 884.62
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite
  • Bathroom Features: Low Flow Toilet(s), Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Formica Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • View: Ocean, Rocks
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas & Electric Range, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Baseboard, Fireplace(s)
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5250.00
  • Lot Size Acres: 0.1205

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5250.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Oct 12, 2023
Sold by
Smith Ashley Amber
Bought by
Wall Kelly and Wall Marina
Seller's Agent
Kristen Gentry
Richardson Sotheby's International Realty
Buyer's Agent
Mike Moss
Comet Realty
List Price
$949,000
Sold Price
$920,000
Premium/Discount to List
-$29,000
-3.06%
Views
47
Current Estimated Value
$982,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,386
Avg. Annual Appreciation
3.04%

Purchase Details

Closed on
Dec 7, 2020
Sold by
Smith Ashley Amber and Smith Clinton
Bought by
Smith Ashley Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2019
Sold by
Smith Ashley and Hays Ashley
Bought by
Smith Ashley and Smith Clinton

Purchase Details

Listed on
May 8, 2016
Closed on
May 30, 2016
Sold by
Burke Vernice E
Bought by
Hays Ashley
Seller's Agent
Chris Strand
Holland Strand Real Estate
Buyer's Agent
Jay Chiasson
Navigators Real Estate
List Price
$545,000
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$526,810
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 1993
Sold by
Burke Howard L and Burke Vernice E
Bought by
Burke Howard L and Burke Vernice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wall Kelly $920,000 First American Title
Smith Ashley Amber -- Orange Coast Title
Smith Ashley -- American Coast Title Company
Hays Ashley $545,000 Fidelity National Title Co
Burke Howard L -- First American Title Insuran
Burke Howard L -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Ashley Amber $510,000
Previous Owner Hays Ashley $526,810
Previous Owner Burke Howard L $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $920,000 -3.1% $885 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $949,000 +74.1% $913 / Sq Ft
07/07/2016 07/07/16 Sold $545,000 0.0% $524 / Sq Ft View Prior Sale
05/13/2016 05/13/16 Pending -- -- --
05/08/2016 05/08/16 For Sale $545,000 -- $524 / 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 $6,776 $879,822 $404,745 $475,077
2024 $6,652 $620,112 $426,684 $193,428
2023 $6,652 $607,954 $418,318 $189,636
2022 $6,233 $596,034 $410,116 $185,918
2021 $6,133 $584,348 $402,075 $182,273
2020 $6,069 $578,358 $397,953 $180,405
2019 $6,005 $567,018 $390,150 $176,868
2018 $5,886 $555,900 $382,500 $173,400
2017 $5,769 $545,000 $375,000 $170,000
2016 $1,108 $110,348 $25,142 $85,206
2015 $1,090 $108,692 $24,765 $83,927
2014 $1,000 $106,563 $24,280 $82,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23181260

California Regional Multiple Listing Service (CRMLS)

APN: 066-201-037