Seller's Agent in 2025
Stanley Craig
BHGRE HAVEN PROPERTIES
(805) 235-0514
19 in this area
37 Total Sales
998 Balboa St Morro Bay, CA 93442
3
Beds
2
Baths
896
Sq Ft
9,400
Sq Ft
Highlights
- Ocean View
- Detached Guest House
- Fishing
- Del Mar Elementary School Rated A-
- Golf Course Community
- RV Access or Parking
About This Home
As of August 2025Endless Possibilities in Morro Heights! This expansive corner lot offers exceptional versatility with two separate homes on a spacious 9,400 sq. ft. lot. The primary residence features 2 bedrooms and 1 bathroom, while the secondary unit is a 1 bedroom, 1 bathroom—perfect for rental income, extended family, or a private guest retreat. Located in desirable Morro Heights, you're just blocks away from Morro Bay's historic downtown, charming shops, restaurants, and the stunning Morro Bay State Park. Whether you're looking to build your dream home with a detached rental unit, renovate and maximize rental income, or explore adding a third unit (buyer to verify with the City of Morro Bay),this property offers a rare opportunity in a neighborhood evolving toward the future.
Last Agent to Sell the Property
BHGRE HAVEN PROPERTIES Brokerage Phone: 805-235-0514 License #00995466 Listed on: 05/16/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1949
Lot Details
- 9,400 Sq Ft Lot
- Wood Fence
- Fence is in fair condition
- Corner Lot
- Gentle Sloping Lot
- No Sprinklers
- Back and Front Yard
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Combination Of Materials Used In The Driveway
- Parking Lot
- RV Access or Parking
Property Views
- Ocean
- Hills
Home Design
- Entry on the 2nd floor
- Fixer Upper
- Raised Foundation
- Rolled or Hot Mop Roof
- Composition Roof
Interior Spaces
- 896 Sq Ft Home
- 1-Story Property
- Family Room Off Kitchen
Kitchen
- Open to Family Room
- Gas and Electric Range
- Formica Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- All Upper Level Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Formica Counters In Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
- Exterior Lighting
Utilities
- Overhead Utilities
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Additional Features
- Detached Guest House
- Property is near park
Listing and Financial Details
- Legal Lot and Block 18 / 5
- Assessor Parcel Number 066084063
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Morro Heights Subdivision
Recreation
- Golf Course Community
- Fishing
- Park
- Water Sports
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2025
Closed on
Jul 28, 2025
Sold by
Brian P Zagala Family Trust and Zagala Brian P
Bought by
4308 East Montecito Llc
Seller's Agent
Stanley Craig
BHGRE HAVEN PROPERTIES
Buyer's Agent
Renee Neel
GUIDE Real Estate
List Price
$1,069,000
Sold Price
$1,054,000
Premium/Discount to List
-$15,000
-1.4%
Views
58
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
$518
Avg. Annual Appreciation
0.10%
Purchase Details
Closed on
Jul 18, 2014
Sold by
Zagala Brian P and Burge Zagala Ethel
Bought by
Zagala Brian P and Burge Zagala Ethel M
Purchase Details
Closed on
Aug 30, 2011
Sold by
Zagala Brian P
Bought by
Zagala Brian P and Burge Zagala Ethel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 1994
Sold by
World S&L Assoc
Bought by
Zagala Brian P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
9.27%
Purchase Details
Closed on
Jul 21, 1994
Sold by
World S & L Assoc
Bought by
World S & L Assoc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,054,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Grant Deed | $92,000 | Chicago Title Company | |
| Trustee Deed | $143,342 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $228,000 | New Conventional | |
| Previous Owner | $82,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $1,054,000 | -1.4% | $1,176 / Sq Ft |
| 05/16/2025 05/16/25 | For Sale | $1,069,000 | -- | $1,193 / 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 | $2,695 | $248,700 | $139,059 | $109,641 |
| 2024 | $2,646 | $243,825 | $136,333 | $107,492 |
| 2023 | $2,646 | $239,045 | $133,660 | $105,385 |
| 2022 | $2,480 | $234,359 | $131,040 | $103,319 |
| 2021 | $2,441 | $229,765 | $128,471 | $101,294 |
| 2020 | $2,416 | $227,410 | $127,154 | $100,256 |
| 2019 | $2,391 | $222,952 | $124,661 | $98,291 |
| 2018 | $2,344 | $218,581 | $122,217 | $96,364 |
| 2017 | $2,298 | $214,296 | $119,821 | $94,475 |
| 2016 | $2,253 | $210,095 | $117,472 | $92,623 |
| 2015 | $2,218 | $206,940 | $115,708 | $91,232 |
| 2014 | $2,037 | $202,887 | $113,442 | $89,445 |
Source: Public Records
Agents Affiliated with this Home
-
Stanley Craig
-
Renee Neel
Buyer's Agent in 2025
Renee Neel
GUIDE Real Estate
(805) 471-4254
2 in this area
26 Total Sales
-
Amy Austin
A
Buyer Co-Listing Agent in 2025
Amy Austin
GUIDE Real Estate
(805) 591-0969
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25108161
APN: 066-084-063
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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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