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437 Kings Avenue

437 Kings Avenue, Morro Bay, CA 93442
Property in San Luis Obispo
Sold Sep 07, 2016
$505,000
$265,000 by Quicken Loans Inc
Mortgage Due Oct 01, 2031
Sold Mar 10, 2006
$500,000
$399,920 by Ing Bank Fsb
Mortgage Due Apr 01, 2036
437 Kings Avenue has been categorized by the local assessors in Morro Bay, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 437 Kings Avenue has 720 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Aug 11, 2016 for $505,000. That's $701.39 per sqft. Prior to that sales transaction, the property was also sold in Jan 10, 2006 for $500,000. 437 Kings Avenue was last assessed in 2023. The total value of the property was assessed at $563,333. Specifically, the land the property is located on was valued at $457,361. While improvements on the property were assessed at a total of $105,972. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,845. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORRO BAY VISTA 03
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CY MB MORRO B VST 3 BL 5 LT 22

Ownership

  • Current Owner : CALDWELL KATHERINE
  • Current Owner 2: DEMONT THEODORE
  • Previous Owner : WIEST SUSAN SHAW
  • Owner Before Previous Owner: OWEN DEBORAH MARIE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: San Luis Coastal Unified School District
  • Census Tract: 010602

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 3
  • Parcel: 066-204-016
  • Block: 5
  • Lot: 22
  • Municipality: CITY OF MORRO BAY
  • Latitude: 35.36
  • Longitude: -120.838

    Address

  • Full Address: 437 Kings Ave
  • Address - House Number: 437
  • Address - Street Name: Kings
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Morro Bay
  • Carrier Code: C001
  • 4-Digit Zip Code: 2616
  • Zip Code: 93442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,845
  • Tax Rate Code Area: 006-002

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 805,165
  • High Value: 959,948
  • Low Value: 650,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 07, 2016
  • First Open Lien Mortgage Loan Amount: $265,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,333
  • Assessed Land Value: $457,361
  • Assessed Improvements Value: $105,972

    Sales

  • Current Sale Contract Date: Aug 11, 2016
  • Current Sale Recording Date: Sep 07, 2016
  • Current Sale Transaction ID: 1764212740
  • Current Sale Price: $505,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016044452
  • Previous Sale Recording Date: Mar 10, 2006
  • Previous Sale Contract Date: Jan 10, 2006
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 07, 2016
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: ING BANK FSB
  • Previous Mortgage Transaction Date: Mar 10, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $399,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Morro Bay



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Nearby Rentals

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

$6,000 /mo

  • 2 Beds
  • 3 Baths
  • 3,000 ft²
361 Main Street, MORRO BAY, CA, 93442 Listing by Lynette Bishop

Frequently Asked Questions

What neighborhood is 437 Kings Avenue located in?
The 437 Kings 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 437 Kings Avenue?
The average sales price for units in 437 Kings Avenue is $0 currently.

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