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280 Palm Ave

Morro Bay, CA 93442

4 bd 3 ba 3,675 sqft Built 2008 Lot 5,000 sqft single_family
Most recent sale
$1,945,000
Feb 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 25, 2024 Sold $2,150,000 CRMLS
Jun 12, 2024 Listed $2,250,000 CRMLS
Feb 15, 2022 Sold $1,945,000 Public Record
Sep 22, 2021 Price changed $1,959,000 MLS #21000055
May 7, 2021 Price changed $1,999,995 MLS #21000055
Mar 22, 2021 Price changed $2,050,000 MLS #21000055
Jan 10, 2021 Listed $2,100,000 MLS #21000055
Jan 9, 2021 Listed $2,100,000 MLS #21-78
Jan 7, 2021 Listed $2,100,000 MLS #SP21003090
Aug 7, 2009 Sold $950,000 MLS #SL137159
Nov 20, 2007 Listed $999,000 MLS #SL137159
Jul 25, 2003 Sold $375,000 Public Record
Sep 17, 1987 Sold $65,000 Public Record
Feb 6, 1984 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,002,841 $1,061,208 $2,064,049 $22,672
2024 $1,002,841 $1,061,208 $2,064,049 $22,363
2023 $963,900 $1,020,000 $1,983,900 $21,959
2022 $729,819 $425,723 $1,155,542 $12,228
2021 $715,509 $417,376 $1,132,885 $12,034
2020 $708,173 $413,097 $1,121,270 $11,911
2019 $694,288 $404,998 $1,099,286 $11,787
2018 $680,675 $397,057 $1,077,732 $11,556
2017 $667,329 $389,272 $1,056,601 $11,329
2016 $654,245 $381,640 $1,035,885 $11,107
2015 $644,418 $375,908 $1,020,326 $10,938
2014 $631,795 $368,545 $1,000,340 $10,043
2013 $628,940 $366,880 $995,820 $9,998
2012 $616,608 $359,687 $976,295 $9,802
2010 $600,000 $350,000 $950,000 $9,528
2009 $621,000 $429,030 $1,050,030 $10,523
2008 $311,000 $405,912 $716,912 $7,185
2007 $67,000 $397,953 $464,953 $4,659

Property facts

Year built
2008
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
3,675 sqft
Lot size
5,000 sqft
ZIP code
93442
City
Morro Bay
Street
Palm Ave
Coordinates
35.35760, -120.84699

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,760
Gross rental yield
7.26%
Implied cap rate
4.72%
Trend-extrapolated value

Frequently asked questions

When did 280 Palm Ave last sell?
280 Palm Ave most recently sold on Feb 15, 2022 for $1,945,000.
What is the current tax assessment for 280 Palm Ave?
The most recent total assessment for 280 Palm Ave (year 2025) is $2,064,049 with $22,672 in property tax.
How does 280 Palm Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,945,000.
When was 280 Palm Ave built?
280 Palm Ave was built in 2008.
How does 280 Palm Ave compare to others on Palm Ave?
We do not currently track other properties on Palm Ave.
What are the property facts for 280 Palm Ave?
280 Palm Ave is a 4 bed, 3 bath, 3,675 sqft, 5,000 sqft lot single_family.
Is 280 Palm Ave a flip candidate?
No — 280 Palm Ave does not appear in our flips dataset.
Is 280 Palm Ave a tax-appeal candidate?
No — 280 Palm 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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