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554 Madera Ave

Morro Bay, CA 93442

4 bd 1,912 sqft Built 1978 Lot 5,074 sqft multi_family
Most recent sale
$870,000
Feb 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 2, 2022 Sold $870,000 MLS #SC21235326
Nov 19, 2021 Listed $899,000 MLS #SC21235326
Jun 18, 2018 Sold $725,000 MLS #300568548
May 11, 2018 Listed $725,000 MLS #NS18119440
Dec 14, 1984 Sold $125,000 Public Record
Nov 1, 1977 Sold $94,500 Public Record
Jan 1, 1977 Sold $94,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $472,237 $451,013 $923,250 $10,176
2024 $472,237 $451,013 $923,250 $10,003
2023 $453,900 $433,500 $887,400 $9,822
2022 $402,074 $375,270 $777,344 $8,226
2021 $394,191 $367,912 $762,103 $8,095
2020 $390,150 $364,140 $754,290 $8,012
2019 $382,500 $357,000 $739,500 $7,929
2018 $169,576 $53,533 $223,109 $2,392
2017 $166,251 $52,484 $218,735 $2,345
2016 $162,992 $51,455 $214,447 $2,299
2015 $160,544 $50,683 $211,227 $2,264
2014 $157,400 $49,691 $207,091 $2,079
2013 $156,689 $49,467 $206,156 $2,070
2012 $153,617 $48,498 $202,115 $2,029
2010 $149,480 $47,193 $196,673 $1,972
2009 $149,836 $47,306 $197,142 $1,976
2008 $146,899 $46,379 $193,278 $1,937
2007 $144,019 $45,470 $189,489 $1,899

Property facts

Year built
1978
Property type
multi_family
Stories
2
Beds
4
Baths
Living area
1,912 sqft
Lot size
5,074 sqft
ZIP code
93442
City
Morro Bay
Street
Madera Ave
Coordinates
35.36293, -120.83825

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,118
Gross rental yield
8.44%
Implied cap rate
5.49%
Trend-extrapolated value

Frequently asked questions

When did 554 Madera Ave last sell?
554 Madera Ave most recently sold on Feb 2, 2022 for $870,000.
What is the current tax assessment for 554 Madera Ave?
The most recent total assessment for 554 Madera Ave (year 2025) is $923,250 with $10,176 in property tax.
How does 554 Madera Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $870,000.
When was 554 Madera Ave built?
554 Madera Ave was built in 1978.
How does 554 Madera Ave compare to others on Madera Ave?
We track 5 other properties on Madera Ave. Browse the list under "Other properties on Madera Ave" to compare beds, baths, and sale history.
What are the property facts for 554 Madera Ave?
554 Madera Ave is a 4 bed, 1,912 sqft, 5,074 sqft lot multi_family.
Is 554 Madera Ave a flip candidate?
No — 554 Madera Ave does not appear in our flips dataset.
Is 554 Madera Ave a tax-appeal candidate?
No — 554 Madera Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.7%
Implied 1-yr
-6.9%
2026 Q3
$673K
2026 Q4
$659.9K
ZIP 93442 — Median Price History + Forecast

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