2 months on rocket

1340 Prescott Dr, Morro Bay, CA, 93442

$689,000

Home List Price

$8,182*

Closing Credit

3 Bedrooms
2 Full Baths
1,291 SqFt
$534/SqFt
House

Location

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1340 Prescott Dr, Morro Bay$689,000

Buyer Closing Credits

$8,182*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1964
HeatingForced Air
CoolingNone
FireplaceNone
ViewNone
MLS #SC24180754
Lot Size0.09 Acres
StatusActive

About 1340 Prescott Dr

Opportunity - Uncover the Hidden Gem of This Morro Bay Property. The potential is limitless for this charming 3-bedroom, 2-bathroom house offers a lucrative opportunity for those with a vision for their ideal home. Nestled in the coveted Morro Bay area, this property boasts a bright kitchen, a attached one-car garage, and backyard, inviting endless customization possibilities. Whether you're considering a swift renovation, envisioning an income-generating rental property, or even contemplating a complete overhaul to create your own dream home, this property promises substantial benefits. Despite needing a lot of TLC, the property exudes enormous potential and is nestled in a highly sought-after neighborhood. Its unbeatable location near the beach ensures convenient access to parks, eateries, shopping, and the highway for effortless commuting. Explore nearby biking and hiking trails, dog parks, Morro Bay Embarcadero, golfing, and a myriad of wildlife. Seize this rare chance to invest in a prime neighborhood at an attractive price point. The property is being sold AS-IS.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 1
  • Living Area: 1,291 SqFt

Listing Office:

  • Office Name: Kimberly's Global Real Estate Corp
  • Office Phone: (805) 550-5333
  • Listing Agent: Kimberly Conti DeGroot

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Main St., turn onto Radcliff Ave, Rt onto Prescott

Price Information

Listing Price Info

Price Summary:

  • List Price: $689,000
  • Price Per SqFt: $534/SqFt

Tax Information:

  • Annual Amount: $777
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Morro Bay, CA.

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Morro Bay, CA

City

Med. Sold Price

$940K

Med. Price/SqFt

$684

Avg. Days On Market

45

# of Sold Homes

13

1340 Prescott Dr vs Morro Bay

76 DAYS ON ROCKET

+31 Days

$689,000

-$251K Less

$534/SqFt

-$151 Less

KEY TAKEAWAY

This property is $251K less than the Median Sold Price and $151/SqFt less than other homes in Morro Bay, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SC24180754

Listing Office:

  • Office Name: Kimberly's Global Real Estate Corp
  • Office Phone: (805) 550-5333
  • Listing Agent: Kimberly Conti DeGroot

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$777$80,137
2020$768$79,316
2019$742$77,762
2018$742$76,238
2017$726$74,744

History based on county public records data.

Payment Calculator

$3,506

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,132

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-420566
5
/10

  • Del Mar Elementary School

  • 501 Sequoia St

  • 1.69 miles

  • Public District Grades KG-6

school-card-donut-420567
6
/10

  • Baywood Elementary School

  • 1330 9th St

  • 3.34 miles

  • Public District Grades KG-6

school-card-donut-420568
8
/10

  • Monarch Grove Elementary School

  • 348 Los Osos Valley Rd

  • 4.14 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,948. The majority of Morro Bay, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1340 Prescott Dr

What is the listing price of this property?

The listing price of 1340 Prescott Dr property is $689,000.

What type of property is this?

The property 1340 Prescott Dr is a house located in Morro Bay, California, 93442.

Is this property for sale now?

Active Listing: 1340 Prescott Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $777 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1340 Prescott Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1340 Prescott Dr is 1,291 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1340 Prescott Dr is 1964.

Rocket Homes›California›San Luis Obispo County›Morro Bay›93442›1340 Prescott Dr

This home is located at 1340 Prescott Dr in Morro Bay, CA and zip code 93442. This 1,291 square foot home, which was built in 1964, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $689,000.

While more than 2 listings in Morro Bay, CA in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 11 were sold below. The number of listings in Morro Bay, CA increased by 10% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $940,000.

From Rocket Homes Real Estate and based on county public records data.

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