251 Terra St
Morro Bay, CA 93442
3 bd 3 ba 2,024 sqft Built 1970 Lot 5,400 sqft single_family
Most recent sale
$1,025,000
Feb 16, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 16, 2024 | Sold | $1,025,000 | CRMLS |
| Jan 8, 2024 | Price changed | $1,099,000 | CRMLS |
| Nov 8, 2023 | Price changed | $1,249,000 | CRMLS |
| Sep 23, 2023 | Listed | $1,399,000 | CRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $433,500 | $612,000 | $1,045,500 | $11,446 |
| 2024 | $433,500 | $612,000 | $1,045,500 | $10,555 |
| 2023 | $364,140 | $572,220 | $936,360 | $10,364 |
| 2022 | $357,000 | $561,000 | $918,000 | $9,714 |
| 2021 | $74,494 | $25,576 | $100,070 | $988 |
| 2020 | $73,731 | $25,314 | $99,045 | $977 |
| 2019 | $72,286 | $24,818 | $97,104 | $966 |
| 2018 | $70,869 | $24,332 | $95,201 | $945 |
| 2017 | $69,480 | $23,855 | $93,335 | $925 |
| 2016 | $68,118 | $23,388 | $91,506 | $906 |
| 2015 | $67,095 | $23,037 | $90,132 | $891 |
| 2014 | $65,781 | $22,586 | $88,367 | $816 |
| 2013 | $65,484 | $22,484 | $87,968 | $812 |
| 2012 | $64,200 | $22,044 | $86,244 | $795 |
| 2010 | $62,942 | $21,612 | $84,554 | $771 |
| 2009 | $62,621 | $21,502 | $84,123 | $772 |
| 2008 | $61,394 | $21,081 | $82,475 | $756 |
| 2007 | $60,191 | $20,668 | $80,859 | $740 |
Property facts
Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,024 sqft
Lot size
5,400 sqft
ZIP code
93442
City
Morro Bay
Street
Terra St
Coordinates
35.39421, -120.86145
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,477
Gross rental yield
7.58%
Implied cap rate
4.93%
Trend-extrapolated value
—
Frequently asked questions
When did 251 Terra St last sell?
251 Terra St most recently sold on Feb 16, 2024 for $1,025,000.
What is the current tax assessment for 251 Terra St?
The most recent total assessment for 251 Terra St (year 2025) is $1,045,500 with $11,446 in property tax.
How does 251 Terra St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $1,025,000.
When was 251 Terra St built?
251 Terra St was built in 1970.
How does 251 Terra St compare to others on Terra St?
We track 2 other properties on Terra St. Browse the list under "Other properties on Terra St" to compare beds, baths, and sale history.
What are the property facts for 251 Terra St?
251 Terra St is a 3 bed, 3 bath, 2,024 sqft, 5,400 sqft lot single_family.
Is 251 Terra St a flip candidate?
No — 251 Terra St does not appear in our flips dataset.
Is 251 Terra St a tax-appeal candidate?
No — 251 Terra St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.7%
Implied 1-yr
-6.9%
2026 Q3
$673K
2026 Q4
$659.9K
ZIP 93442 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terra St