$810,000
SOLD SEP 27, 2024

1148 Ojai Rd Santa Paula, CA 93060

4 Beds
2 Baths
2,295 Sq Ft
9,940 Sq Ft Lot

Recently Sold

$353 Per Sq Ft

5% Below List Price

52 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Bike Trail

About This Home

As of September 2024

Now only $799k for this Santa Paula duplex featuring large units on big lot ideal for either owner-user or investor. 1148-1150 Ojai RD features (2) 2BD/1.5BA townhome units totaling nearly 2300 SF (per assessor) situated on 9,940 SF lot. 2-Car Garages, laundry hookups, balconies and yards ensure long term happy tenants. Unit 1150 has 2 beds plus a permitted hobby room currently used as 3rd bedroom. Tenants pay electric, gas and trash while owner pays water/sewer. Property is just up the hill about 1 mile north of the charming shops and restaurants of the city's historic downtown and close to Mill Park, Santa Paula hospital and the Rosewood new homes development.

Last Agent to Sell the Property

Nick Henry

Beachside Partners License #01748131 Listed on: 07/11/2024

Last Buyer's Agent

Alfredo Hernandez

Legacy Realty Group License #02003354

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1971

Lot Details

  • 9,940 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex

Interior Spaces

  • 2,295 Sq Ft Home
  • 2-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 1000054015

Community Details

Overview

  • 2 Units
  • Santa Paula: Other 0053 Subdivision

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,377

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,218

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Santa Paula: Other - 0053
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1000054015
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 352.94

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 9940.00
  • Lot Size Acres: 0.2282

Multi Family

  • Gross Income: 4377.00
  • Gross Scheduled Income: 52524.00
  • Lot Size Area: 9940.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 19, 2024
Sold by
Las Palmas Group
Bought by
Estrada Govanni and Cruz Nicanor Estrada
Seller's Agent
Nick Henry
Beachside Partners
Buyer's Agent
Alfredo Hernandez
Legacy Realty Group
List Price
$849,000
Sold Price
$810,000
Premium/Discount to List
-$39,000
-4.59%
Total Days on Market
52
Views
31
Current Estimated Value
$787,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,122
Avg. Annual Appreciation
-4.05%
Original Mortgage
$648,000
Outstanding Balance
$643,215
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$144,663

Purchase Details

Closed on
Aug 23, 2021
Sold by
Nisen Barry and Nisen Janice
Bought by
Palmasgroup Las

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2016
Sold by
Nisen Barry and Nisen Janice Helene
Bought by
Las Palmas Group

Purchase Details

Closed on
Apr 29, 2014
Sold by
Las Palmas Group
Bought by
Nisen Barry and Nisen Janice Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Nisen Barry and Nisen Janice Helene
Bought by
Las Palmas Group

Purchase Details

Closed on
Sep 20, 2005
Sold by
Nisen Barry and Nisen Janice Helene
Bought by
Las Palmas Group

Purchase Details

Closed on
Jul 13, 2005
Sold by
Nisen Barry and Nisen Janice Helene
Bought by
Nisen Barry and Nisen Janice Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2003
Sold by
Nisen Barry and Nisen Janice Helene
Bought by
Nisen Barry and Nisen Janice Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2002
Sold by
Bps Investors
Bought by
Nisen Barry and Nisen Janice Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $810,000 Chicago Title
Quit Claim Deed -- Wfg National Title
Interfamily Deed Transfer -- Accommodation
Grant Deed -- None Available
Grant Deed $242,000 Chicago Title Company
Grant Deed -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $307,500 Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $648,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $242,000 New Conventional
Previous Owner $285,000 New Conventional
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $246,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $810,000 +1.4% $353 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $799,000 -3.6% $348 / Sq Ft
08/07/2024 08/07/24 Price Changed $829,000 -1.8% $361 / Sq Ft
07/31/2024 07/31/24 Price Changed $844,000 -0.6% $368 / Sq Ft
07/11/2024 07/11/24 For Sale $849,000 -- $370 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

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
2024 $5,218 $445,343 $217,242 $228,101
2023 $5,109 $436,611 $212,982 $223,629
2022 $4,963 $428,050 $208,805 $219,245
2021 $4,949 $419,657 $204,710 $214,947
2020 $4,926 $415,356 $202,612 $212,744
2019 $4,657 $407,213 $198,640 $208,573
2018 $4,599 $399,230 $194,746 $204,484
2017 $4,652 $391,403 $190,928 $200,475
2016 $4,373 $383,730 $187,185 $196,545
2015 $3,879 $350,000 $220,000 $130,000
2014 $3,792 $330,000 $200,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-24595

Ventura County Regional Data Share

APN: 100-0-054-015