tomo logo

$650,000

Beds
1
Baths
1.5
sq ft
946

600 Morro Bay Blvd Unit 201, Morro Bay, CA 93442

600 Morro Bay Blvd Unit 201

Morro Bay, CA 93442

  • 177 days on market
    • Price drop $25,000↓
Don't miss this Fabulous Condo located in the heart of downtown Morro Bay. The condo features Open living and a One Bedroom along with One full bathroom and a half bathroom. The condo located on the 2nd level is just steps away from the nearby elevator in the courtyard or you can walk up from the nearby staircase. This single level condo has many features a balcony off of the dining area, travertine flooring throughout, primary suite with dual vanity , large soaking tub, walk in closet, there is a stackable washer/dryer off of the hallway, next to the half bathroom. The kitchen has stainless appliances and granite counter tops. This development features a community courtyard, with access to an elevator which will also take you to the underground gated parking garage, or to the community roof top deck with Ocean and Morro Rock views.

Details

Property type

Condominium

Est. home value

$657,883

Lot size

946 sq ft

Price per sq ft

$688

Year built

2010

Monthly HOA fee

$458.42

Price History

09/25/2024
CRMLS

CRMLS #SC24107584

Price change
$650,000
-3.7%
07/17/2024
CRMLS

CRMLS #SC24107584

Price change
$675,000
-2.88%
06/17/2024
CRMLS

CRMLS #SC24107584

Price change
$695,000
-4.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights

High school district: 

San Luis Coastal Unified

Number of units in community: 

19

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$110,613
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$487,387
Cash to seller
$110,613

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

November 2022

Original loan amount

$500,000

Est. remaining balance

$487,387

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Walter Hurtado and Nancy Hurtado

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 9:20 PM

Listing updated: 09/30/2024 at 12:34 PM

Listed by: Kathy Robertshaw, R n R Properties Phone #: (805) 550-5211

MLS: CRMLS #SC24107584

CRMLS logo

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