NOT LISTED FOR SALE

Estimated Value: $1,390,000 - $1,695,000

3 Beds
2 Baths
2,044 Sq Ft
$773/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $925,000 $453 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,318/month

Highlights

  • Guest House
  • 0.31 Acre Lot
  • Back and Front Yard
  • Loma Vista Elementary School Rated A-
  • Fenced

About This Home

As of August 2015

Unique custom Midtown home built in 1940 unlike any in Ventura, with many upgrades. Property features a main house, permitted 2nd unit & an artist studio on a 13,000 sq ft lot. A paid-up solar lease is included for no elec costs. This is a real sleeper from the street! Main house is over 2,000 sq ft & surrounds an interior courtyard. Newly-updated kitchen with granite counters, & stainless steel appliances, includes a 6-burner professional Thermador range & built-in fridge. Custom cabinets have self-closing pull-out drawers & many other special features. Hardwood floors & some original tile, & features like coved ceilings still exist, keeping the original charm. Legal guesthouse w/kitchen, bath & private patio for potential rental income, in-laws or office. Organic permaculture garden too, plus 12 Hass avocado trees, lemon, orange, & lime trees. One mile to beach and you can walk to over 25 restaurants, wine bars, & shops plus there are two hospitals just minutes away!

Last Agent to Sell the Property

Maggie Hood

Ventura Real Estate Company License #01024768 Listed on: 08/10/2015

Last Buyer's Agent

Blake Mashburn

Real Broker License #01065624

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,926

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • No Common Walls
  • Fenced
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Family Room with Fireplace
  • Rain Gutters
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 0740100160

Community Details

Overview

  • 2 Units
  • Cunhane 0217 Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,926

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Inclusions: all kitchen appliances, many potted plants. NOTE: washer, dryer negotiable with acceptable offer. many furnishings can be purchased separately after offer is negotiated
  • Property Attached: No
  • Subdivision Name Other: Cunhane - 0217
  • View: No
  • Zoning: R3-5
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 0740100160
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One

Exterior Features

  • Other Structures: Guest House
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Features: Back Yard, Walkstreet, Front Yard
  • Lot Size Sq Ft: 13303.00
  • Lot Size Acres: 0.3054

Multi Family

  • Average3 Bed Area: 2004 Square Feet
  • Average Studio Area: 380 Square Feet
  • Lot Size Area: 13303.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Jul 3, 2015
Sold by
Threatt Ronald and Threatt Emily
Bought by
Nelson Andrew and Nelson Ann
Seller's Agent
Maggie Hood
Ventura Real Estate Company
Buyer's Agent
Blake Mashburn
Real Broker
Sold Price
$925,000
Current Estimated Value
$1,579,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,293
Avg. Annual Appreciation
5.35%
Original Mortgage
$325,000
Outstanding Balance
$255,087
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$1,324,206

Purchase Details

Closed on
Jan 21, 2011
Sold by
Pennings Lynnette
Bought by
Threatt Ronald and Threatt Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1999
Sold by
Hoffman Claudia A
Bought by
Pennings Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nelson Andrew $925,000 Ticor Title Company Of Ca
Threatt Ronald $530,000 Stewart Title Of California
Pennings Lynette $108,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Andrew $325,000
Previous Owner Threatt Ronald $417,000
Previous Owner Pennings Lynette $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2015 08/12/15 Sold $925,000 -- $453 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
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
2025 $11,926 $1,111,352 $712,053 $399,299
2024 $11,926 $1,089,561 $698,091 $391,470
2023 $11,780 $1,068,198 $684,403 $383,795
2022 $10,965 $1,047,253 $670,983 $376,270
2021 $10,595 $1,011,619 $657,826 $353,793
2020 $10,494 $1,001,248 $651,082 $350,166
2019 $10,298 $981,616 $638,316 $343,300
2018 $10,124 $962,369 $625,800 $336,569
2017 $9,909 $943,500 $613,530 $329,970
2016 $9,713 $925,000 $601,500 $323,500
2015 $5,984 $564,978 $369,901 $195,077
2014 $5,885 $553,912 $362,656 $191,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-215009401

Ventura County Regional Data Share

APN: 074-0-100-160