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500 Napa Avenue

500 Napa Avenue, Morro Bay, CA 93442
Property in San Luis Obispo
Sold Nov 23, 2016
$555,000
$406,900 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2051
500 Napa 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 1951 and is 73 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 500 Napa Avenue has 864 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 7,405 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 are a total of 2 available parking spaces. 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. 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 Oct 20, 2016 for $555,000. That's $642.36 per sqft. 500 Napa Avenue was last assessed in 2023. The total value of the property was assessed at $659,475. Specifically, the land the property is located on was valued at $529,869. While improvements on the property were assessed at a total of $129,606. 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 $6,587. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TOWN MORRO
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CY MB TN MORRO BL 11 PTN LT 5

Ownership

  • Current Owner : KENNEDY DONALD T
  • Current Owner 2: KENNEDY MARGARET H
  • Previous Owner : BARRY JOYCE ELLEN
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: 066-144-005
  • Block: 11
  • Lot: 5
  • Municipality: CITY OF MORRO BAY
  • Latitude: 35.3623
  • Longitude: -120.847

    Address

  • Full Address: 500 Napa Ave
  • Address - House Number: 500
  • Address - Street Name: Napa
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Morro Bay
  • Carrier Code: C003
  • 4-Digit Zip Code: 2544
  • Zip Code: 93442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,587
  • Tax Rate Code Area: 006-002

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 891,705
  • High Value: 1,063,199
  • Low Value: 720,211

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $406,900
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $406,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $659,475
  • Assessed Land Value: $529,869
  • Assessed Improvements Value: $129,606

    Sales

  • Current Sale Contract Date: Oct 20, 2016
  • Current Sale Recording Date: Nov 23, 2016
  • Current Sale Transaction ID: 1866168439
  • Current Sale Price: $555,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016061818

    Last Sale Mortgage

  • First Mortgage Lender: IMPAC MORTGAGE
  • First Mortgage Transaction Date: Nov 23, 2016
  • First Mortgage Loan Amount: $444,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

About Morro Bay



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Frequently Asked Questions

What neighborhood is 500 Napa Avenue located in?
The 500 Napa 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 500 Napa Avenue?
The average sales price for units in 500 Napa Avenue is $0 currently.

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