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480 Nevis St

Morro Bay, CA 93442

2 bd 2 ba 920 sqft Built 1975 Lot 3,541 sqft single_family
Most recent sale
$746,000
Jan 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 29, 2024 Sold $746,000 CRMLS
Jan 12, 2024 Listed $719,000 CRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $250,920 $510,000 $760,920 $8,386
2024 $250,920 $510,000 $760,920 $824
2023 $59,294 $13,891 $73,185 $810
2022 $58,132 $13,619 $71,751 $759
2021 $56,993 $13,352 $70,345 $747
2020 $56,409 $13,216 $69,625 $739
2019 $55,303 $12,957 $68,260 $731
2018 $54,219 $12,703 $66,922 $717
2017 $53,156 $12,454 $65,610 $703
2016 $52,114 $12,210 $64,324 $689
2015 $51,332 $12,027 $63,359 $679
2014 $50,327 $11,792 $62,119 $623
2013 $50,100 $11,739 $61,839 $620
2012 $49,118 $11,509 $60,627 $608
2010 $48,155 $11,284 $59,439 $591
2009 $47,910 $11,227 $59,137 $592
2008 $46,971 $11,007 $57,978 $581
2007 $46,050 $10,792 $56,842 $569

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
920 sqft
Lot size
3,541 sqft
ZIP code
93442
City
Morro Bay
Street
Nevis St
Coordinates
35.40249, -120.86144

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,944
Gross rental yield
4.74%
Implied cap rate
3.08%
Trend-extrapolated value

Frequently asked questions

When did 480 Nevis St last sell?
480 Nevis St most recently sold on Jan 29, 2024 for $746,000.
What is the current tax assessment for 480 Nevis St?
The most recent total assessment for 480 Nevis St (year 2025) is $760,920 with $8,386 in property tax.
How does 480 Nevis St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $746,000.
When was 480 Nevis St built?
480 Nevis St was built in 1975.
How does 480 Nevis St compare to others on Nevis St?
We track 6 other properties on Nevis St. Browse the list under "Other properties on Nevis St" to compare beds, baths, and sale history.
What are the property facts for 480 Nevis St?
480 Nevis St is a 2 bed, 2 bath, 920 sqft, 3,541 sqft lot single_family.
Is 480 Nevis St a flip candidate?
No — 480 Nevis St does not appear in our flips dataset.
Is 480 Nevis St a tax-appeal candidate?
No — 480 Nevis St 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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