NOT LISTED FOR SALE

1115 Drown Ave Ojai, CA 93023

Estimated Value: $1,472,000 - $1,643,339

3 Beds
2 Baths
1,958 Sq Ft
$794/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $1,200,000 $613 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,381/month

22 Days on Market

Highlights

  • Outdoor Pool
  • Updated Kitchen
  • Mountain View
  • Solar Power System
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of February 2020

With a bright, Zen-inspired interior, this 1⁄4 acre sanctuary feels like an oasis for the soul. Rich, organic materials include travertine, oak & bamboo flooring. Extensive renovations include new open concept kitchen, new windows & French doors, HVAC, plumbing, new exterior siding, Tesla Solar panels & Powerwall for ultimate efficiency!
Beams were added for both warm aesthetic & functional reinforcement, Master Suite was expanded to include a spa-like bath with new steam shower & Toto toilet. Huge family room w/fireplace.
Transformative new landscaping includes rock walls, Palm trees & 30 ft. timber bamboo hedge gracing the tranquil & private backyard complete with saltwater pool & spa, an outdoor garden shower & Japanese Tea House. The detached garage was transformed into 400 sq. ft. flex space optimal for yoga studio or artist's retreat completing this extraordinary Shangri-la where the charms of its' mid-century architecture were soulfully blended with a Craftsman style aesthetic. This home is truly special!!

Last Agent to Sell the Property

Charleen Michaels

Keller Williams West Ventura License #00878649 Listed on: 01/08/2020

Keller Williams West Ventura

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Property is in excellent condition

Parking

  • Detached Garage

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,958 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa

Additional Features

  • Solar Power System
  • City Lot
  • Forced Air Heating and Cooling System

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 022-0-030-120

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0.26 Acres

Listing Details

  • Directions: Grand Ave. to Drown
  • Prop. Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level
  • Architectural Style: Craftsman
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1951
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.26
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 1958.0
  • Exterior BrickStone: Yes
  • Fireplace(s) Family Room3: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • ParkingGarage Detached: Yes
  • Amenities Solar PV2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Laundry Common Area2: Yes
  • Style Craftsman2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Gas Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Wood Siding, Brick/Stone
  • Acres: 0.26
  • Topography: Level
  • Exterior Features: Pool, SPA-Outside

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 022-0-030-120
  • Zoning: R-1
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jan 13, 2020
Sold by
Dequesada Gonzalo and Dequesada Ada L
Bought by
Hershman Clifford L and Clifford L Hershman Trust
Seller's Agent
Charleen Michaels
Keller Williams West Ventura
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,554,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,335
Avg. Annual Appreciation
4.33%
Original Mortgage
$1,000,000
Outstanding Balance
$885,915
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$668,420

Purchase Details

Closed on
Aug 16, 2012
Sold by
Smith Mark A and Smith Kimberly A
Bought by
Masvidal Raul and Dequesada Gonzalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2003
Sold by
Johnson Richard G and Johnson Paige A
Bought by
Smith Mark A and Smith Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2003
Sold by
Johnson Richard G
Bought by
Johnson Richard G and Johnson Paige A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 31, 2000
Sold by
Johnson Richard G
Bought by
Johnson Richard G

Purchase Details

Closed on
Dec 21, 1999
Sold by
Johnson Richard G
Bought by
Johnson Richard G
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hershman Clifford L $1,200,000 First American Title Company
Masvidal Raul $385,000 Fidelity National Title Co
Smith Mark A $500,000 Old Republic Title Company
Johnson Richard G -- Old Republic Title Ins Co
Johnson Richard G -- --
Johnson Richard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hershman Clifford L $1,000,000
Previous Owner Masvidal Raul $378,026
Previous Owner Smith Mark A $400,000
Previous Owner Johnson Richard G $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $1,200,000 0.0% $613 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $1,200,000 -- $613 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,533 $1,312,372 $721,806 $590,566
2024 $15,533 $1,286,640 $707,653 $578,987
2023 $15,001 $1,261,412 $693,777 $567,635
2022 $14,752 $1,236,679 $680,174 $556,505
2021 $14,671 $1,212,431 $666,837 $545,594
2020 $6,394 $459,505 $343,420 $116,085
2019 $6,215 $450,496 $336,687 $113,809
2018 $5,882 $416,664 $330,086 $86,578
2017 $5,775 $408,495 $323,614 $84,881
2016 $5,109 $400,486 $317,269 $83,217
2015 $5,066 $394,472 $312,504 $81,968
2014 $4,731 $386,747 $306,384 $80,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-4117

Santa Barbara Multiple Listing Service

APN: 022-0-030-120

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