NOT LISTED FOR SALE

943 Pecho St Morro Bay, CA 93442

Estimated Value: $842,679 - $940,000

2 Beds
1 Bath
780 Sq Ft
$1,132/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $775,000 $994 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,531/month

175 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Private Yard
  • Del Mar Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of December 2022

Enjoy coastal living in this quaint Morro Heights 2 bedroom 1 bath home with a 1 car garage that is close to everything Morro Bay has to offer. Peaceful street, short walk to downtown, hiking trails to Black Hill. Hardwood floors throughout the home, new roof installed 2019, new water heater in 2019, new garage door opener and remote in 2019 , new milgard windows in 2019, main electric panel replaced in 2019 and repainted all interior in September 2022.
Open House Saturday, October 29, 2022 1:00 pm. 3:00 pm. Come view Morro Bay Heights home....

Last Agent to Sell the Property

Lorraine Sterkel

Horizon Realty & Property Mgt License #00648760 Listed on: 05/09/2022

Last Buyer's Agent

Christine Rosenfeld

License #01392788

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,736

Year Built

  • Built in 1953

Lot Details

  • 5,000 Sq Ft Lot
  • Wood Fence
  • Fence is in average condition
  • Level Lot
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Range
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 8
  • Assessor Parcel Number 066163004

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

  • Golf Course Community
  • Dog Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,736

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Morro Heights (810)
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066163004
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 780.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 993.59
  • Room Type: All Bedrooms Down
  • Bathroom Features: Low Flow Toilet(s), Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Paved, Garage, Garage Faces Front, Garage Door Opener, On Site
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Golf, Hiking

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 106.02
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Nov 3, 2022
Sold by
Ericksen Family Living Trust
Bought by
Darlene Peters Trust
Seller's Agent
Lorraine Sterkel
Horizon Realty & Property Mgt
Buyer's Agent
Christine Rosenfeld
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Views
204
Current Estimated Value
$883,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,170
Avg. Annual Appreciation
4.90%
Original Mortgage
$465,000
Outstanding Balance
$451,046
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$432,124

Purchase Details

Closed on
Jul 20, 2022
Sold by
Ericksen Trust
Bought by
Ericksen Family Living Trust

Purchase Details

Closed on
Nov 14, 2019
Sold by
Ericksen Christopher E and Ericksen Christine L
Bought by
Ericksen Christopher E and Ericksen Christine L

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 29, 2019
Sold by
Wheeler Bryan Robert and Wheeler Danielle Elyse
Bought by
Ericksen Christopher E and Ericksen Christine L
Seller's Agent
April Dean
BHGRE HAVEN PROPERTIES
Buyer's Agent
Tim Cowan
BHGRE HAVEN PROPERTIES
List Price
$559,000
Sold Price
$551,000
Premium/Discount to List
-$8,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$413,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jun 20, 2016
Sold by
Larsen Eric and Larsen Edward M
Bought by
Wheeler Bryan Robert and Wheeler Danielle Elyse
Seller's Agent
Steve Marvin
West Coast Properties
Buyer's Agent
Chris Strand
Holland Strand Real Estate
List Price
$439,000
Sold Price
$443,000
Premium/Discount to List
$4,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$398,700
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2014
Sold by
Larsen Edward M
Bought by
Larsen Edward M

Purchase Details

Closed on
Mar 23, 2012
Sold by
Cobbold Ronald A
Bought by
Larsen Eric and Larsen Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 20, 2003
Sold by
Cobbold Ronald A and Cobbold Lydia C
Bought by
Cobbold Ronald A and Cobbold Lydia C
Source: Public Records

Range of Values:

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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
Darlene Peters Trust $775,000 Placer Title
Ericksen Family Living Trust -- None Listed On Document
Ericksen Christopher E -- None Available
Ericksen Christopher E $551,000 First American Title Company
Wheeler Bryan Robert $443,000 First American Title Company
Larsen Edward M -- None Available
Larsen Eric $215,000 First American Title Company
Cobbold Ronald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darlene Peters Trust $465,000
Previous Owner Ericksen Christopher E $413,250
Previous Owner Wheeler Bryan Robert $398,700
Previous Owner Larsen Eric $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $775,000 -3.0% $994 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $799,000 0.0% $1,024 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/28/2022 09/28/22 Price Changed $799,000 -5.4% $1,024 / Sq Ft
09/20/2022 09/20/22 Price Changed $844,500 -0.5% $1,083 / Sq Ft
07/05/2022 07/05/22 For Sale $849,000 0.0% $1,088 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $849,000 -4.5% $1,088 / Sq Ft
05/09/2022 05/09/22 For Sale $889,000 +61.3% $1,140 / Sq Ft
05/09/2019 05/09/19 Sold $551,000 -1.4% $706 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $559,000 +26.2% $717 / Sq Ft
07/29/2016 07/29/16 Sold $443,000 +0.9% $568 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $439,000 -- $563 / 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 $8,736 $806,310 $572,220 $234,090
2024 $8,578 $790,500 $561,000 $229,500
2023 $8,578 $775,000 $550,000 $225,000
2022 $6,129 $579,198 $441,494 $137,704
2021 $6,032 $567,842 $432,838 $135,004
2020 $5,970 $562,020 $428,400 $133,620
2019 $4,867 $460,897 $364,140 $96,757
2018 $4,770 $451,860 $357,000 $94,860
2017 $4,675 $443,000 $350,000 $93,000
2016 $2,655 $254,648 $180,376 $74,272
2015 $2,614 $250,824 $177,667 $73,157
2014 $2,399 $245,911 $174,187 $71,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22095602

California Regional Multiple Listing Service (CRMLS)

APN: 066-163-004