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Sold for $1,791,500
  • Listed by: Franklin Real Estate & Rentals • Matthew Franklin • Contact: 805-772-4277
    Bought with: Comet Realty
    $1,791,500

    740 Luisita St, Morro Bay, CA 93442

    4beds
    2,500sqft
    Single Family Residence
    Built in 1988
    8,578 Square Feet Lot
    $1,872,200 Zestimate®
    $717/sqft
    $5,061 Estimated rent

    Home value

    $1,872,200

    $1.72M - $2.04M

    $5,061/mo

    Zestimate® history
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    What's special

    Rv parkingInterior adu potentialFenced yardShop areaCustom built coastal homePest repairsBasement storage room
    Take a look at this Morro Heights Beauty with views of the Back Bay, sand spit, Pacific Ocean, Los Osos and Montana de Oro. A “Lotto” House for the money, one look at this 4 bedroom, 2.5 bathroom, one owner, custom built coastal home on a quiet street in the banana belt of Morro Bay and you will agree this is a “sure thing,” not a gamble. With large sun-filled rooms, 2 fireplaces, 2 kitchens, interior ADU potential, bonus rooms, fenced yard, over-sized double garage with shop area, RV parking, stucco siding, new paint inside and out, drought tolerant landscaping, basement storage room, all pest repairs complete and everything you would expect plus more. Ask the Neighbors what they think about the neighborhood. You'll find friendly people who think they live in the nicest block on the nicest street in town.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Franklin DRE #01326603 805-459-4215,

    Franklin Real Estate & Rentals

    Bought with:

    Mike Moss, DRE #02182286

    Comet Realty

    Source: CRMLS,MLS#: SC23183229MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Office, Workshop, Dining Room
    Bathroom
    • Features: Bathtub, Granite Counters
    Kitchen
    • Features: Granite Counters, Tile Counters
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
    • Laundry: In Garage
    Features
    • Breakfast Bar, Balcony, Separate/Formal Dining Room, Workshop
    • Flooring: Carpet, Tile
    • Windows: Skylight(s)
    • Basement: Utility
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Driveway Down Slope From Street, Driveway, Garage Faces Front, Garage, Garage Door Opener, RV Access/Parking
    • Attached garage spaces: 2.5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Deck
    • Exterior features: Rain Gutters
    • Pool features: None
    • Has view: Yes
    • View description: Back Bay, Neighborhood, Ocean
    • Has water view: Yes
    • Water view: Back Bay,Ocean
    Lot
    • Size: 8,578 Square Feet
    • Features: Front Yard, Landscaped
    Details
    • Parcel number: 066237010
    • Zoning: R1
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Golf, Park, Street Lights
    • Subdivision: Morro Heights (810)
    Location
    • Region: Morro Bay

    Financial & listing details

    • Price per square foot: $717/sqft
    • Tax assessed value: $660,130
    • Annual tax amount: $7,199
    • Date on market: 10/6/2023
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/27/2023Sold$1,791,500-0.5%$717/sqft
    Source: CRMLS #SC23183229 Report a problem
    10/12/2023Pending sale$1,800,000$720/sqft
    Source: CRMLS #SC23183229 Report a problem
    10/7/2023Listed for sale$1,800,000+3172.7%$720/sqft
    Source: CRMLS #SC23183229 Report a problem
    7/1/1998Sold$55,000$22/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,199 -63.6%$660,130 -63.2%
    2024$19,799 +326.8%$1,791,500 +327.5%
    2023$4,639 +8.5%$419,061 +2%
    2022$4,274 +1.7%$410,845 +2%
    2021$4,204 +1.1%$402,790 +1%
    2020$4,160 +1.1%$398,661 +2%
    2019$4,116 +2%$390,846 +2%
    2018$4,034 +2%$383,183 +2%
    2017$3,953 +2%$375,671 +2%
    2016$3,874 $368,306 +1.5%
    2015$3,874 +10.7%$362,774 +2%
    2014$3,501 $355,669 +2.5%
    2012-- $347,121 +2%
    2011-- $340,315 +0.8%
    2010-- $337,773 -0.2%
    2009-- $338,576 +2%
    2008-- $331,938 +2%
    2007-- $325,430 +2%
    2006-- $319,050 +2%
    2005-- $312,795 +2%
    2004-- $306,662 +1.9%
    2003-- $301,043 +2%
    2002-- $295,141 +2%
    2001-- $289,355
    Find assessor info on the county website

    Neighborhood: 93442

    Nearby schools

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