NOT LISTED FOR SALE

949 Pecho St Morro Bay, CA 93442

Estimated Value: $928,864 - $1,130,000

3 Beds
1 Bath
1,160 Sq Ft
$881/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $740,000 $638 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,280/month

41 Days on Market

Highlights

  • Fishing
  • Open Floorplan
  • L-Shaped Dining Room
  • Del Mar Elementary School Rated A-
  • Main Floor Bedroom
  • Lawn

About This Home

As of December 2020

A large lot and mature landscaping create a private oasis from the street and neighbors for this charming single level home. Comfort reigns with gently vaulted ceilings, fireplace and large windows letting in light from both the front yard and backyard. Tile floors run through most of the home. With its open floor plan, a dining room is adjacent to both the living room and kitchen. Solid surface counters, tile backsplash, and eating bar create a beautiful space. A French door to the backyard lies between the kitchen and dining room, perfect for a place to barbecue and dine outside. The home has three bedrooms, one bathroom and a two car garage. One of the bedrooms has clerestory windows at the vaulted ceiling letting in extra light. There is a chicken coop in the backyard and garden area. This home is a relaxing and warm space located in the Morro Heights neighborhood, and is just minutes from downtown Morro Bay or hiking trails of Black Rock. More photos to come.

Last Agent to Sell the Property

Lance Morales

Re/Max Pines by the Sea License #00980315 Listed on: 10/26/2020

Re/Max Pines by the Sea

Last Buyer's Agent

Alice Frawley

Navigators Real Estate License #00818334

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,679

Year Built

  • Built in 1957

Lot Details

  • 5,000 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Level

Home Design

  • Slab Foundation
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Gas Fireplace
  • Double Pane Windows
  • French Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 8
  • Assessor Parcel Number 066163040

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,679

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, stove, Chicken coop, Shed
  • 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: 066163040
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1160.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 637.93
  • Room Type: Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Lighting, Satellite Dish
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Concrete
  • Pool Private: No
  • Roof: Tar/Gravel
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Refrigerator, Water Heater
  • Heating Type: Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Hiking, Park, Watersports

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Level
  • 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: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Nov 3, 2020
Sold by
Strassel Richard C and The Strassel Living Trust
Bought by
Bailey William A and The Bailey Family Trust
Seller's Agent
Lance Morales
Re/Max Pines by the Sea
Buyer's Agent
Alice Frawley
Navigators Real Estate
List Price
$729,000
Sold Price
$740,000
Premium/Discount to List
$11,000
1.51%
Current Estimated Value
$1,021,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,716
Avg. Annual Appreciation
7.14%
Original Mortgage
$290,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2015
Sold by
Strassel Richard C
Bought by
Strassel Richard C

Purchase Details

Closed on
Oct 21, 2009
Sold by
Strassel Barbara
Bought by
Strassel Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2009
Sold by
Riley Thomas Woodrow and Riley Verna Gail
Bought by
Strassel Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2004
Sold by
Riley Thomas W and Riley Verna G
Bought by
Riley Thomas Woodrow and Riley Verna Gail

Purchase Details

Closed on
May 13, 2002
Sold by
Devries Dwayne
Bought by
Riley Thomas W and Riley Verna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.86%

Purchase Details

Closed on
Dec 5, 2000
Sold by
Cuba James A and Cuba Roxanne A
Bought by
Devries Dwayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.65%

Purchase Details

Closed on
Nov 12, 1997
Sold by
Peoples David E and Peoples Linda L
Bought by
Cuba James A and Cuba Roxanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
3.95%

Purchase Details

Closed on
Dec 19, 1994
Sold by
Musso Barbara
Bought by
Strassel Richard C
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
Bailey William A $740,000 Placer Title Company
Strassel Richard C -- Public
Strassel Richard C -- Fidelity National Title Co
Strassel Richard C $490,000 Fidelity National Title Co
Riley Thomas Woodrow -- --
Riley Thomas W $355,000 Chicago Title Co
Devries Dwayne $300,000 First American Title
Cuba James A $177,000 Fidelity National Title Co
Strassel Richard C -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey William A $290,000
Previous Owner Strassel Richard C $126,000
Previous Owner Strassel Richard C $285,000
Previous Owner Strassel Richard C $270,000
Previous Owner Riley Thomas W $279,350
Previous Owner Riley Thomas W $284,000
Previous Owner Devries Dwayne $205,000
Previous Owner Cuba James A $141,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $740,000 +0.1% $638 / Sq Ft
11/12/2020 11/12/20 Price Changed $739,000 +1.4% $637 / Sq Ft
10/26/2020 10/26/20 For Sale $729,000 -- $628 / 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 $8,679 $380,014 $207,823 $172,191
2024 $8,522 $785,293 $514,685 $270,608
2023 $8,522 $769,896 $504,594 $265,302
2022 $7,988 $754,800 $494,700 $260,100
2021 $7,861 $740,000 $485,000 $255,000
2020 $6,069 $578,335 $413,097 $165,238
2019 $6,005 $566,997 $404,998 $161,999
2018 $5,885 $555,880 $397,057 $158,823
2017 $5,769 $544,981 $389,272 $155,709
2016 $5,654 $534,296 $381,640 $152,656
2015 $5,146 $487,000 $350,000 $137,000
2014 $4,608 $466,000 $335,000 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC20224891

California Regional Multiple Listing Service (CRMLS)

APN: 066-163-040