Home for Sale at 395 La Jolla Street, Morro Bay, CA 93442

395 La Jolla Street
Morro Bay, CA 93442

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Property Details

List Price:	$769,000
Beds:	2
Baths:	1
Status:	Active
SqFt:	879
Agency:	Sim Real Estate

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Description/Comments

Lot Size:	3,200 sqft
Property Type:	Residential
Year Built:	1961
Notes:	Loads of appeal and ready for you to enjoy a coastal retreat in Morro Bay. This charming two-bedroom, one-full bath beach cottage with an attached one-car garage is move-in ready. A small patio at the front provides a warm welcome to the home. Entering the front door, one cannot help but notice the original hardwood floors flowing throughout, from the living room, to the kitchen via the hallway and into the two bedrooms at back. A unique South African style fireplace stands distinctly at one corner in the living room. Nice plantation shutters adorn all the dual pane windows. Views of Morro Rock are visible from within the living area. There's a breakfast counter separating the upgraded kitchen and living area, with a cozy dining area at the side. Next to the dining area is the door to the one-car garage with high end cabinets and plenty storage. The washer and dryer are in the garage. Back within, the kitchen features newer stainless steel appliances, newer tiled counters and plenty of storage. A few steps past the short hallway are two bedrooms and a full bathroom that's been updated with beautiful glass shower stall, a top-of-the-line toilet, and customized vanity. The two bedrooms have french doors leading to a rear deck that expands to a fully landscaped and paved back yard. The back yard is an oasis, complete with sitting and lounging areas, a stucco fireplace and built-in BBQ grill, plus room for your veggies. A set of stairs leads to a roof deck for unwinding or sunbathing. A bonus: all rooms have AC mini splits. Last but not least, property is located close to the beach, park and local organic stores. Call your Realtor to see this gem today. Compliments of Sherry Sim. Visit https://www.SherrySim.com
MlsNumber:	SC24063461

Listing Provided By:	Sim Real Estate, original listing
Name:	Sim Real Estate
Phone:	(805) 234-4315
Office Name:	SIM Real Estate
Office Phone:	(805) 234-4315
Agent Name:	Sherry Sim
Disclaimer:	Copyright Â© 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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