Seller's Agent in 2018
Matthew Franklin
Franklin Real Estate & Rentals
(805) 459-4215
14 in this area
26 Total Sales
998 Pacific St Morro Bay, CA 93442
Estimated Value: $697,000 - $1,122,000
4
Beds
2
Baths
1,880
Sq Ft
$510/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Laundry Room
- Del Mar Elementary School Rated A-
- Up Slope from Street
About This Home
As of January 2018Rake It In!
Two, 2 bedroom, 1 bath units with garages on a 6,000 sq ft corner lot. Low vacancy, great rental area in Morro Heights, it's definitely see-worthy. Be the Landlord, have your tenants Pay the Mortgage while you collect the rents at a price that demands your immediate action, delay and be sorry at $549,000.
Last Agent to Sell the Property
Franklin Real Estate & Rentals License #01326603 Listed on: 12/27/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,768
Year Built
- Built in 1970
Lot Details
- 6,000 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Parking
- 2 Car Garage
- Up Slope from Street
Home Design
- 1,880 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Assessor Parcel Number 066164033
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $900
- Trash Expense $570
- Water Sewer Expense $2,280
- New Taxes Expense $5,500
- Operating Expense $9,250
- Gross Income $36,000
- Net Operating Income $32,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2017
Closed on
Jan 18, 2018
Sold by
Baump Paul A and Baump Mary Ellen
Bought by
Starkie Andrew L and Starkie Patricia J
Seller's Agent
Matthew Franklin
Franklin Real Estate & Rentals
Buyer's Agent
Ian Starkie
Rock Star Properties
List Price
$549,000
Sold Price
$549,000
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
$410,353
Avg. Annual Appreciation
7.63%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Starkie Andrew L | $549,000 | First American Title Co |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2018 01/26/18 | Sold | $549,000 | 0.0% | $292 / Sq Ft |
| 12/31/2017 12/31/17 | Pending | -- | -- | -- |
| 12/27/2017 12/27/17 | For Sale | $549,000 | -- | $292 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,768 | $624,663 | $341,347 | $283,316 |
| 2024 | $6,646 | $612,415 | $334,654 | $277,761 |
| 2023 | $6,646 | $600,408 | $328,093 | $272,315 |
| 2022 | $6,229 | $588,636 | $321,660 | $266,976 |
| 2021 | $6,130 | $577,095 | $315,353 | $261,742 |
| 2020 | $6,067 | $571,179 | $312,120 | $259,059 |
| 2019 | $6,004 | $559,980 | $306,000 | $253,980 |
| 2018 | $1,632 | $152,246 | $31,957 | $120,289 |
| 2017 | $1,600 | $149,262 | $31,331 | $117,931 |
| 2016 | $1,569 | $146,336 | $30,717 | $115,619 |
| 2015 | $1,545 | $144,139 | $30,256 | $113,883 |
| 2014 | $1,419 | $141,317 | $29,664 | $111,653 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Franklin
-
Ian Starkie
Buyer's Agent in 2018
Ian Starkie
Rock Star Properties
(805) 709-2204
12 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC17280125
APN: 066-164-033
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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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