NOT LISTED FOR SALE

1240 Devon Ln Ventura, CA 93001

Pierpont Neighborhood

Estimated Value: $1,438,560 - $2,604,000

-- Bed
-- Bath
960 Sq Ft
$2,042/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $935,000 $974 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $10,412/month

107 Days on Market

Highlights

  • Beach Access
  • Ocean Side of Freeway
  • Property is near a park
  • Pierpont Elementary School Rated 9+
  • Open Floorplan
  • Lawn

About This Home

As of April 2017

Ventura Beach Duplex. Excellent Income Property ! Only steps away from the sand and great surf. Live in one and rent the other. Tastefully remodeled and move in ready. You will fall in love with the charm and laid back feel of this beach property as you walk through the Custom stone and wood gate entry. Soak up some sun on the private side yard. Enjoy a bar b que then cuddle up by the fire with a good book after a day of great surf. Relaxed? You will be ...You won't have any work to do around the house, no 'Honey-Do' list here, all the work has been done for you. Recent remodel includes new exterior siding and shingles, new exterior entry doors and hardware. New 15 year roof. New flooring throughout including carpet and distressed hard wood laminate. Granite countertops & new appliances. FFresh interior and exterior paint, just to name a few. This is truely a 'Turn Key Property' located in highly desirable Pierpont Beach area in Ventura .....

Last Agent to Sell the Property

Fred Evans

RE/MAX Gold Coast REALTORS License #00893591 Listed on: 12/07/2016

RE/MAX Gold Coast REALTORS

Co-Listed By

Kristin Miller

RE/MAX Gold Coast REALTORS License #01272943

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 4,085 Sq Ft Lot
  • West Facing Home
  • Lawn

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • Parking Lot

Home Design

  • Cottage
  • Bungalow
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Decorative Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Insulated Doors
  • Living Room with Fireplace
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Range
  • Freezer
  • Disposal

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Beach Access
  • Ocean Side of Freeway

Utilities

  • Wall Furnace
  • No Hot Water

Additional Features

  • Two Homes on a Lot
  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 0810093190

Community Details

Overview

  • 2 Units
  • Pierpont Village 3369 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Pierpont Village - 3369
  • Zoning: R-1-B
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 0810093190
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Open Floorplan
  • Flooring: Carpet
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Fireplace Features: Decorative, Gas, Living Room
  • Levels: One
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Freezer, Gas Cooking, Gas Oven, No Hot Water, Range, Refrigerator
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Green Location: Transportation, Walkability

Lot Info

  • Land Lease: No
  • Lot Features: Lawn, Park Nearby
  • Lot Size Sq Ft: 4085.00
  • Lot Size Acres: 0.0900

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4085.0000 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
  • Waterfront Features: Beach Access, Ocean Side of Freeway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Sparagna Family Trust
Bought by
Sparagna Family Trust
Current Estimated Value
$1,796,491

Purchase Details

Listed on
Dec 7, 2016
Closed on
Mar 22, 2017
Sold by
Mechanick Philip L and Mechanick Doris
Bought by
Joseph & Stefi Trust and Sparagna Diana B
Seller's Agent
Fred Evans
RE/MAX Gold Coast REALTORS
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$999,999
Sold Price
$935,000
Premium/Discount to List
-$64,999
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$675,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2016
Sold by
Viaggio Llc
Bought by
Mechanick Philip L and Mechanick Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,560
Interest Rate
4.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2009
Sold by
Jacobellis Luke R and Jacobellis Britta B
Bought by
Viaggio Llc

Purchase Details

Closed on
Aug 16, 2004
Sold by
Jacobellis Luke R and Jacobellis Britta B
Bought by
Jacobellis Luke R and Jacobellis Britta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Rutledge Kenneth B
Bought by
Jacobellis Luke R and Jacobellis Britta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1999
Sold by
Mccabe Carolyn R Leland Dorothy J
Bought by
Rutledge Kenneth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,300
Interest Rate
7.62%

Purchase Details

Closed on
Aug 4, 1998
Sold by
Mccabe Ed and Mccabe Carolyn R
Bought by
Mccabe Carolyn R and Leland Dorothy J

Purchase Details

Closed on
Feb 13, 1998
Sold by
Leland Dorothy J
Bought by
Mccabe Ed and Mccabe Carolyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
6.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Sparagna Family Trust $926,000 Chicago Title
Joseph & Stefi Trust $935,000 First American Title Company
Mechanick Philip L $750,000 Priority Title Encino
Viaggio Llc -- None Available
Jacobellis Luke R -- Fidelity National Title Insu
Jacobellis Luke R $690,000 Fidelity National Title
Rutledge Kenneth B $277,000 First American Title Ins Co
Mccabe Carolyn R -- --
Mccabe Ed -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph & Stefi Trust $675,000
Previous Owner Mechanick Philip L $728,560
Previous Owner Jacobellis Luke R $213,000
Previous Owner Rutledge Kenneth B $249,300
Previous Owner Mccabe Ed $116,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2017 04/25/17 Sold $935,000 -6.5% $974 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $999,999 -- $1,042 / 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
2025 $11,982 $1,112,408 $1,112,408 --
2024 $11,982 $1,090,597 $1,090,597 --
2023 $11,542 $1,043,008 $892,416 $150,592
2022 $10,742 $1,022,557 $874,917 $147,640
2021 $10,535 $1,002,507 $857,761 $144,746
2020 $10,434 $992,229 $848,966 $143,263
2019 $10,240 $972,774 $832,320 $140,454
2018 $10,068 $953,700 $816,000 $137,700
2017 $8,009 $765,000 $705,840 $59,160
2016 $7,819 $740,000 $670,000 $70,000
2015 $6,909 $650,000 $570,000 $80,000
2014 $6,089 $570,000 $500,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Fred Evans

    Seller's Agent in 2017

    Fred Evans

    RE/MAX

    (805) 339-3502

    9 in this area

    157 Total Sales

    Fred Evans
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kristin Miller

    RE/MAX

  • N

    Buyer's Agent in 2017

    Non-Member Default

    Default Non-Member Office

See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V0-216016376

Ventura County Regional Data Share

APN: 081-0-093-190

California Ventura County Ventura 93001 Pierpont

1240 Devon Ln, Ventura, CA

Not Listed for Sale

MultiFamily

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