NOT LISTED FOR SALE

Estimated Value: $1,162,172 - $1,365,000

5 Beds
3.5 Baths
2,499 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,175,000 $470 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,839/month

Highlights

  • Ocean View
  • All Bedrooms Downstairs
  • Laundry Room
  • Cabrillo Middle School Rated A-
  • No HOA
  • Wire Fence

About This Home

As of June 2022

LOCATION, LOCATION, LOCATION, First time on the market with this triplex. Less than one mile from the beach and close to downtown! This purchase is an excellent opportunity for an investor, developer for condos/apartment buildings, family compounds, or local companies to provide workforce housing for their local employees or traveling nurses--all units to be delivered vacant at COE. 1272 E Meta st - 2 bedroom, 1 bath, large living room, and front private front yard1274 E Meta st - 1 bedroom, 1 bath, large living room 1276 E Meta st - 2 bedroom, 2 bath, large living room, and ocean viewsThree car port parking in back of building with extra storage sheds.

Last Agent to Sell the Property

Ruben Gallardo

Pinnacle Estate Properties, In License #01934384 Listed on: 05/07/2022

Pinnacle Estate Properties, In

Last Buyer's Agent

Ruben Gallardo

Pinnacle Estate Properties, In License #01934384 Listed on: 05/07/2022

Pinnacle Estate Properties, In

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,000 Sq Ft Lot
  • Two or More Common Walls
  • Wire Fence
  • No Sprinklers

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Triplex
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,499 Sq Ft Home
  • Ocean Views
  • Gas Cooktop
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Tract Number 24
  • Assessor Parcel Number 0730162070

Community Details

Overview

  • No Home Owners Association
  • Ventura: Other Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

9,000 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Inclusions: Coin washer and dryer in Laundry room.
  • Property Attached: Yes
  • Subdivision Name Other: Ventura: Other
  • View: Yes
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 0730162070
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2499.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Levels: One
  • Price Per Square Foot: 470.19
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: No
  • Foundation: Raised
  • View: Ocean
  • Fence: Yes
  • Fencing: Wire
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9000.0000 Square Feet

Tax Info

  • Tax Tract Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
May 11, 2022
Sold by
Marilyn M Morter Trust
Bought by
Hundal Satpal and Hundat Preeti
Seller's Agent
Ruben Gallardo
Pinnacle Estate Properties, In
Buyer's Agent
Ruben Gallardo
Pinnacle Estate Properties, In
Sold Price
$1,175,000
Current Estimated Value
$1,257,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,543
Avg. Annual Appreciation
1.81%
Original Mortgage
$881,250
Outstanding Balance
$831,076
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$426,467
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
Hundal Satpal $1,175,000 Consumers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hundal Satpal $881,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $1,175,000 -- $470 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
Source: Ventura County Regional Data Share

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 $13,433 $1,246,919 $880,803 $366,116
2024 $13,433 $1,222,470 $863,532 $358,938
2023 $13,270 $1,198,500 $846,600 $351,900
2022 $1,156 $98,898 $37,223 $61,675
2021 $1,135 $96,959 $36,493 $60,466
2020 $1,125 $95,967 $36,120 $59,847
2019 $1,106 $94,086 $35,412 $58,674
2018 $1,090 $92,242 $34,718 $57,524
2017 $1,071 $90,435 $34,038 $56,397
2016 $1,052 $88,663 $33,371 $55,292
2015 $1,042 $87,333 $32,871 $54,462
2014 $1,027 $85,625 $32,228 $53,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-12376

Ventura County Regional Data Share

APN: 073-0-162-070

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