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1181 Market Avenue

1181 Market Avenue, Morro Bay, CA 93442
Property in San Luis Obispo
Refi Jan 14, 1999
Transfer
$100,000 by Cameron Financial Group Inc
Mortgage Due Feb 01, 2029
Local assessors in Morro Bay, CA have categorized 1181 Market Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 4,995 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1181 Market Avenue has a total of 1,313 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 1181 Market Avenue is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E-. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $3,127 in taxes each year. 1181 Market Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $301,350. If we break it down further, the land itself was valued at $150,675. Improvements to the property, however, were assessed at a total of $150,675. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: E-
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,995
  • Total Building Area: 1,313
  • Gross Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,313
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Residential
  • Subdivision: BAKERSFIELD COLONY
  • Land Acres: 0.115
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: CY MB TN MORRO BKFLD COL BL 62 LT 24 & 35

Ownership

  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Luis Coastal Unified School District
  • Census Tract: 010603

Zoning

  • Zoning: C2

Geography

  • Parcel: 066-036-010
  • Block: 62
  • Lot: 24
  • Municipality: CITY OF MORRO BAY
  • Latitude: 35.3699
  • Longitude: -120.853

    Address

  • Full Address: 1181 Market Ave
  • Address - House Number: 1181
  • Address - Street Name: Market
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Morro Bay
  • Carrier Code: C002
  • 4-Digit Zip Code: 2011
  • Zip Code: 93442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,127
  • Tax Rate Code Area: 006-002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: CAMERON FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Jan 14, 1999
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,350
  • Assessed Land Value: $150,675
  • Assessed Improvements Value: $150,675

About Morro Bay



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Nearby Rentals

Unit for rent at 361 Main Street, MORRO BAY, CA, 93442

$6,000 /mo

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361 Main Street, MORRO BAY, CA, 93442 Listing by Lynette Bishop

Frequently Asked Questions

What neighborhood is 1181 Market Avenue located in?
The 1181 Market Avenue is a located in the neighborhood of San Luis Obispo in Morro Bay, Morro Bay.
What is the average sales price for listings in 1181 Market Avenue?
The average sales price for units in 1181 Market Avenue is $0 currently.

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