5 months on rocket

176 Panay St, Morro Bay, CA, 93442

$1,386,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,084 SqFt
$1,279/SqFt
House

Location

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176 Panay St, Morro Bay$1,386,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Driveway, Garage, Off Street, On Street
Attached Garage2 spaces
Year Built1963
HeatingCentral, Fireplace(s), Natural Gas
CoolingNone
BasementYes
WaterfrontBeach, Ocean Access
FireplaceElectric, Gas, Living Room, Masonry, Wood Burning
ViewOther, Mountain(s), Ocean, Water
MLS #SC24103987
Lot Size0.10 Acres
StatusActive

About 176 Panay St

Beautiful California Classic Beach House, ocean views, sounds and steps away from the surf and sand! One of the best beachside neighborhoods in Morro Bay. This home comes complete with new upgrades from floors to roofing, plumbing to appliances including washer, dryer and all the furnishings. This beach house has also served as a successful VRBO (must reapply) besides a second home. Room to build or add a patio and viewing deck. Architectural plans for expansion are available upon request. This fully upgraded, 3 bedroom 2 bathroom open floor plan home is move-in ready !

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Ranch
  • Year Built: 1963
  • Stories: 1
  • Living Area: 1,084 SqFt

Listing Office:

  • Office Name: Shorewood Homes and Properties
  • Office Email: shorewoodhomes@gmail.com
  • Listing Agent: Paula McMahon

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Range, Disposal, Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Dryer, Washer
  • Basement: Yes
  • Flooring Type: Laminate, Tile
  • Interior: Breakfast Bar, Eat-in Kitchen, Furnished, Quartz Counters, All Bedrooms Down, Walk-In Closet(s)
  • Fireplace: Electric, Gas, Living Room, Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Ocean Access
  • View: Other, Mountain(s), Ocean, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Single, Driveway, Garage, Off Street, On Street

Lot Features

Lot Information:

  • Lot: Irrigation System, Landscaped, Level, Paved, Rectangular Lot, Sprinklers
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s), Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: From South: Hwy 1 North Left on Yerba Buena, Left on Beachcomber, Left on Panay. From North: Hwy 1 South, Right on Yerba Buena, Left on Beachcomber, Left on Panay.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,386,000
  • Price Per SqFt: $1,279/SqFt

Tax Information:

  • Annual Amount: $7,660
  • 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

176 Panay St vs Morro Bay

178 DAYS ON ROCKET

+133 Days

$1,386,000

+$446K More

$1,279/SqFt

+$594 More

KEY TAKEAWAY

This property is $446K more than the Median Sold Price and $594/SqFt more 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: #SC24103987

Listing Office:

  • Office Name: Shorewood Homes and Properties
  • Office Email: shorewoodhomes@gmail.com
  • Listing Agent: Paula McMahon

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: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 25, 2018Home Sold
$686,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,660$721,107
2020$7,581$713,714
2019$2,680$699,720
2018$2,680$249,968
2017$2,628$245,067

History based on county public records data.

Payment Calculator

$6,985

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,222

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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-431385
5
/10

  • Del Mar Elementary School

  • 501 Sequoia St

  • 0.50 miles

  • Public District Grades KG-6

school-card-donut-431386
6
/10

  • Baywood Elementary School

  • 1330 9th St

  • 5.45 miles

  • Public District Grades KG-6

school-card-donut-431387
8
/10

  • Monarch Grove Elementary School

  • 348 Los Osos Valley Rd

  • 6.14 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 $80,227. Typical income of Morro Bay, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 176 Panay St

What is the listing price of this property?

The listing price of 176 Panay St property is $1,386,000.

What type of property is this?

The property 176 Panay St is a house located in Morro Bay, California, 93442.

Is this property for sale now?

Active Listing: 176 Panay St 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 $7,660 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 25, 2018 for $686,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 176 Panay St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 176 Panay St is 1,084 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 176 Panay St is 1963.

Rocket Homes›California›San Luis Obispo County›Morro Bay›93442›176 Panay St

This home is located at 176 Panay St in Morro Bay, CA and zip code 93442. This 1,084 square foot home, which was built in 1963, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $1,386,000.

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

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

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