NOT LISTED FOR SALE

985 Pacific St Morro Bay, CA 93442

Estimated Value: $995,000 - $1,297,000

3 Beds
2 Baths
-- Sq Ft
4,347 Sq Ft Lot

Last Sold April 01, 2015

Last sale price $532,500

Est. 108% increase in value since last sale

Current estimated payment $6,347/month

167 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • L-Shaped Dining Room
  • Del Mar Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of April 2015

Enchanting custom built Morro Heights sanctuary filled with divine personality, loads of character, and endless charisma. A graceful entrance through the welcoming porch and you'll discover an immense great room with vast open beams, exuding comfort and a rustic sensibility; Marvel at the abundant ambient light shining throughout this expansive 3 bedroom, 2 bathroom wonderland; the open floor plan lends itself to great flexibility with a step down private bedroom, having backyard access, and steps up to a grand master suite featuring a magnificent spacious patio, over the double garage, capturing views of the ocean, mountain and Morro Rock. This most unique family home, which also includes solar panels for efficiency, presents the essence of an artist's retreat, in addition to being functionally most practical. A Shangri-la of harmonious energy awaits

Last Agent to Sell the Property

Frankie Ciano

Ciano Real Estate, Inc. License #01412309 Listed on: 08/26/2014

Co-Listed By

Steve Stevens

Navigators Real Estate License #00426683

Last Buyer's Agent

Aaron Anderson

Rock View Realty License #01408502

Home Details

Home Type

  • Single Family

Lot Details

  • 4,347 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Hills
  • Rock

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • Skylights
  • Free Standing Fireplace
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066084039

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Subdivision Name Other: Morro Heights(810)
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066084039
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell, Dining Room
  • Fireplace Features: Family Room, Free Standing
  • Levels: Two
  • Room Type: Family Room
  • Window Features: Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Ocean, Rocks
  • Fence: Yes
  • Fencing: Privacy
  • Patio And Porch Features: Covered, Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 4347.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lot Size Area: 4347.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2016
Sold by
Racine Daniel P and Racine Wendy
Bought by
Racine Daniel P and Racine Wendy
Current Estimated Value
$1,105,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Outstanding Balance
$330,365
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$775,424

Purchase Details

Listed on
Aug 26, 2014
Closed on
Feb 23, 2015
Sold by
Mullen Jerald D and Mullen Susan C
Bought by
Racine Dan and Racine Wendy
Seller's Agent
Frankie Ciano
Ciano Real Estate, Inc.
Buyer's Agent
Aaron Anderson
Rock View Realty
List Price
$579,000
Sold Price
$532,500
Premium/Discount to List
-$46,500
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2009
Sold by
Mullen Jerald D and Mullen Susan C
Bought by
Mullen Jerald D and Mullen Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Mullen Jerald D and Mullen Susan C
Bought by
Mullen Jerald D and Mullen Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2007
Sold by
Mullen Jerald D and Mullen Susan C
Bought by
Mullen Jerald D and Mullen Susan C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Racine Daniel P -- Consumers Title Company
Racine Dan $532,500 Fidelity National Title Co
Mullen Jerald D -- Accommodation
Mullen Jerald D -- Fidelity National Title Co
Mullen Jerald D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racine Daniel P $408,500
Closed Racine Dan $417,000
Previous Owner Mullen Jerald D $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2015 04/01/15 Sold $532,500 -3.0% --
02/09/2015 02/09/15 Pending -- -- --
12/05/2014 12/05/14 Price Changed $549,000 -5.2% --
08/26/2014 08/26/14 For Sale $579,000 -- --
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 $6,857 $639,975 $300,457 $339,518
2024 $6,731 $627,427 $294,566 $332,861
2023 $6,731 $615,126 $288,791 $326,335
2022 $6,308 $603,066 $283,129 $319,937
2021 $6,206 $591,242 $277,578 $313,664
2020 $6,142 $585,180 $274,732 $310,448
2019 $6,077 $573,707 $269,346 $304,361
2018 $6,031 $562,459 $264,065 $298,394
2017 $5,913 $551,432 $258,888 $292,544
2016 $5,797 $540,620 $253,812 $286,808
2015 $1,937 $187,682 $51,701 $135,981
2014 $1,777 $184,007 $50,689 $133,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC1047381

California Regional Multiple Listing Service (CRMLS)

APN: 066-084-039