NOT LISTED FOR SALE

12140 Old Walnut Rd Ojai, CA 93023

Estimated Value: $6,756,341

3 Beds
2 Baths
3,289 Sq Ft
$2,054/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $4,200,000 $1,277 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $42,092/month

105 Days on Market

Highlights

  • Horse Facilities
  • Paddocks
  • Outdoor Pool
  • Barn
  • Art Studio
  • Solar Power System

About This Home

As of April 2019

Experience the poetry of this extraordinary estate which combines artistic vision with captivating natural beauty. A gated tree lined drive leads to the main home, through over 20 acres of fenced fields, groves of olives, tangerines, and majestic mature walnut trees Designed by noted architect and sculptor Sherrill Broudy together with his wife, artist Charlene Broudy as their personal residence, it is a stunning example of Modernism, celebrating functional minimalism, spaciousness and light.

Dramatic expanses of glass in every room showcase panoramic mountain views that are nothing short of spectacular. The fusion of interior and exterior space is impeccably integrated into the single level floor plan. Clean contemporary architecture accentuates the sensuous landscape artistry. The great room sets the standard by which the rest of the house follows. Its voluminous vaulted ceiling, elevates the mind, while a floor to ceiling moveable glass wall draws your eyes toward views of the awe-inspiring Topa Topa mountains. Anchored by a soaring fireplace at one end and a sleek optimally designed kitchen at the other, the entire space flows effortlessly into the expansive terrace for the ultimate enjoyment of earth, sky, and air.

The master bedroom suite features custom built-in furnishings and walls of glass designed to heighten interior comfort while highlighting the exterior splendor. An elegant bath is enveloped by views of the attached private flower garden, which can also be seen from the two separate vanity areas. A glass walk in shower and dual custom closets add sophisticated functionality.

The home hosts two additional exquisite guest rooms and another stylish bath with walk in shower. At the farthest end of the east wing inspirational views are framed by the one and a half story, window walled art studio. An artist prep area along with extensive built in storage complete the space. Next to the studio, a separate gallery is the perfect venue to experience art. Note: All exterior sculptures are excluded from sale

A pool, walking paths and intimate seating areas throughout the property invite outdoor living A two-story 4000 sq. ft. all steel barn houses premiere horse stalls, an office, a one bedroom caretaker's apartment, and a wealth of possibilities for future uses.

A photovoltaic solar system, well water and plenty of land to raise food establish the foundation for an independent and healthy lifestyle.
The estate is truly an oasis, where one can step outside the hurry of today's world, yet still be only minutes away from downtown Ojai.

An exceptional year-round home or vacation sanctuary, this magical property offers a life of beauty, refinement and connection with nature.

Last Agent to Sell the Property

Dorrie Powell

Coastal Properties License #01207314 Listed on: 11/19/2018

Last Buyer's Agent

Dorrie Powell

Coastal Properties License #01207314 Listed on: 11/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,975

Year Built

  • Built in 2013

Lot Details

  • 20.43 Acre Lot
  • Gated Home
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,289 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Art Studio
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Tankless Water Heater

Additional Features

  • Solar Power System
  • Barn
  • Paddocks

Community Details

  • Horse Facilities

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 035-0-040-545

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,975

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2013
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoSecurityFeatures: Gate:Elec
  • Subdivision Name: Other
  • Architectural Style: Contemporary
  • Reso Flooring: Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2013
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 20.43
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3289.0
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Amenities Guest Quarters2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • WaterSewer Pvt Well In: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Barn2: Yes
  • Other Buildings Paddock2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Appliances Included Electric Range2: Yes
  • Laundry Gas Hookup2: Yes
  • Amenities Solar PV2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Tankless Water Heater, Oven/Rnge/Blt-In, Dishwasher, Disposal, Rev Osmosis
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 20.43
  • Exclusions: Other
  • Exterior Features: Pool, Patio Open, Patio Covered, Horse Facility, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Slab
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 035-0-040-545
  • Zoning: Other
  • Lot Size Sq Ft: 889930.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
Apr 16, 2019
Sold by
Charlene Koonce Broudy Revocable Trust
Bought by
Big Bagga Walnuts Llc
Seller's Agent
Dorrie Powell
Coastal Properties
Buyer's Agent
Dorrie Powell
Coastal Properties
List Price
$4,600,000
Sold Price
$4,200,000
Premium/Discount to List
-$400,000
-8.7%
Total Days on Market
105
Current Estimated Value
$6,756,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,556,341
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Broudy Charlene Koonce
Bought by
Revocab Broudy Charlene Koonce

Purchase Details

Closed on
Jan 3, 2015
Sold by
Broudy Charlene
Bought by
Broudy Charlene Koonce

Purchase Details

Closed on
Mar 3, 2011
Sold by
Vantage Capital Corp
Bought by
Broudy Sherrill

Purchase Details

Closed on
Jul 22, 2009
Sold by
Fischbein Stuart J
Bought by
Vantage Capital Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
5.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 20, 2004
Sold by
The Mc Kay Trust
Bought by
Fischbein Stuart J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 11, 2002
Sold by
Mckay Scot
Bought by
Mckay Scot

Purchase Details

Closed on
Jun 27, 2002
Sold by
Clifford Kenneth and Tarcha Dc Theresa M
Bought by
Mckay Scot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.29%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 24, 1998
Sold by
Hezlep Elizabeth C
Bought by
Tarcha Dc Theresa M

Purchase Details

Closed on
Sep 15, 1997
Sold by
Wetu Enterprises
Bought by
Hezlep Elizabeth C

Purchase Details

Closed on
Mar 5, 1996
Sold by
Chumo George T and Chumo Marlene I
Bought by
Wetu Enterprises
Source: Public Records

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Range of Values:

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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
Big Bagga Walnuts Llc $4,200,000 Chicago Title Company
Revocab Broudy Charlene Koonce -- None Available
Broudy Charlene Koonce -- None Available
Broudy Sherrill $1,350,000 First American Title Company
Vantage Capital Corp $280,000 Lawyers Title Company
Fischbein Stuart J $1,250,000 Gateway Title Company
Mckay Scot -- Gateway Title Company
Mckay Scot $1,000,000 Gateway Title Company
Tarcha Dc Theresa M $365,000 Old Republic Title Company
Hezlep Elizabeth C $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Big Bagga Walnuts Llc $3,360,000
Previous Owner Broudy Charlene Koonce $800,000
Previous Owner Vantage Capital Corp $930,000
Previous Owner Fischbein Stuart J $930,000
Previous Owner Fischbein Stuart J $937,000
Previous Owner Mckay Scot $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $4,200,000 -8.7% $1,277 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
11/19/2018 11/19/18 For Sale $4,600,000 -- $1,399 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $49,975 $4,593,309 $3,423,659 $1,169,650
2023 $48,228 $4,503,245 $3,356,528 $1,146,717
2022 $47,298 $4,414,947 $3,290,714 $1,124,233
2021 $47,107 $4,328,380 $3,226,190 $1,102,190
2020 $45,915 $4,284,000 $3,193,110 $1,090,890
2019 $22,363 $2,104,280 $1,393,133 $711,147
2018 $22,114 $2,062,040 $1,365,817 $696,223
2017 $21,609 $2,018,668 $1,339,037 $679,631
2016 $20,980 $1,955,681 $1,312,782 $642,899
2015 $20,812 $1,922,467 $1,293,062 $629,405
2014 $19,835 $1,884,811 $1,267,734 $617,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-4119

Santa Barbara Multiple Listing Service

APN: 035-0-040-545