NOT LISTED FOR SALE

1308 Devon Ln Ventura, CA 93001

Pierpont Neighborhood

Estimated Value: $1,914,000 - $2,296,000

3 Beds
2 Baths
1,280 Sq Ft
$1,601/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $2,020,000 $1,578 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,957/month

88 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Heated Spa
  • Pierpont Elementary School Rated 9+
  • Golf Course Community
  • Fishing

About This Home

As of July 2022

Ventura Pierpont Beach turnkey Duplex, just steps to the sandy beach, great surf, breathtaking sunsets, shopping and restaurants. This Desirable Pierpont Beach area is located on the Southern California Coast between Malibu and Santa Barbara and is a short stroll along the beach or biking lane to Marina Park, Surfers Point, Ventura Pier and Downtown for shopping, food and entertainment. Enjoy biking North of Ventura or up to Ojai as well as South to Ventura and Channel Island Marinas. The Upstairs unit has 2 bedrooms and 1 bathroom, ocean views, front balcony, large rear deck with staircase to landscaped backyard and in ground spa and outdoor shower. The open floor plan has vaulted ceilings, plantation shutters, large kitchen, Viking appliances, built-in Miele coffee station and marble tiled bathroom. The Downstairs unit has 1 bedroom and 1 bathroom, newer indirect lighting, custom wood built-ins, radiant heated tile flooring, plantation shutter and French doors open to small covered patio. Many options, Live in one full or part time and short term or long term rent the other or Perfect for extended family living.

Last Agent to Sell the Property

Antonia Lake

LIV Sotheby's International License #01507205 Listed on: 03/15/2022

Last Buyer's Agent

Antonia Lake

LIV Sotheby's International Realty License #01507205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,526

Year Built

  • Built in 1956

Lot Details

  • 3,753 Sq Ft Lot
  • Lot Dimensions are 42' x 94'
  • No Common Walls
  • Vinyl Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Back Yard

Parking

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

Property Views

  • Ocean
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Duplex
  • Cottage
  • Turnkey
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Shutters
  • Panel Doors
  • Tile Flooring
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Fiberglass Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Living Room Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Underground Utilities
  • 220 Volts For Spa
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Assessor Parcel Number 0810093075

Community Details

Overview

  • 2 Units
  • Pierpont/Ocean Front 0276 Subdivision
  • Marina Village
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,787
  • Other Expense $780
  • Supplies Expense $1,694
  • Trash Expense $1,166
  • Water Sewer Expense $1,211
  • Operating Expense $6,638
  • Gross Income $63,600
  • Net Operating Income $56,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,526

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: 1306: Frigidaire refrigerator, dishwasher and garbage disposal (all installed new in late 2020) and stove. 1308: Viking Refrigerator & stove, dishwasher, garbage disposal and Miele beverage center, rooftop Bryant, 2 speed powerful, efficient air-conditioning/heat - unit installed on 12-23-2020. Common area: Washer, dryer & spa.
  • Park Name: Marina Village
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Supplies Expense: 1694.00
  • View: Yes
  • Water Sewer Expenses: 1211.00
  • Zoning: R-1-B
  • Architectural Style: Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0810093075
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Beamed Ceilings, High Ceilings, Living Room Balcony, Open Floorplan, Sump Pump
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: Two
  • Price Per Square Foot: 1660.16
  • Room Type: Galley Kitchen
  • Spa Features: Fiberglass, Heated, Private
  • Window Features: Shutters

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Sump Pump
  • View: City Lights, Hills, Mountain(s), Neighborhood, Ocean, Water
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts For Spa
  • Heating Type: Central, Forced Air, Radiant
  • Laundry Features: Common Area, Community, Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1166.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Foothills, Golf, Hiking, Park, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Level, Yard
  • Lot Size: 42' x 94'
  • Lot Size Sq Ft: 3753.00
  • Lot Size Acres: 0.0862

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Gross Income: 63600.00
  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 1787.00
  • Lot Size Area: 3753.0000 Square Feet
  • Net Operating Income: 56962.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 6638.00
  • Other Expense: 780.00
  • Other Expense Description: Spa Service
  • Rent Control: No
  • Total Expenses: 6638.00
  • Waterfront Features: Beach Access, Fishing in Community, Ocean Access

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Jun 22, 2022
Sold by
1308 Devon Llc
Bought by
Devon Beachside Llc
Seller's Agent
Antonia Lake
LIV Sotheby's International
Buyer's Agent
Antonia Lake
LIV Sotheby's International Realty
List Price
$2,125,000
Sold Price
$2,020,000
Premium/Discount to List
-$105,000
-4.94%
Current Estimated Value
$2,049,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,387
Avg. Annual Appreciation
0.46%
Original Mortgage
$1,020,000
Outstanding Balance
$961,283
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,088,104

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jun 2, 2017
Sold by
Vandergeest Joanne B
Bought by
1308 Devon Llc
Seller's Agent
David Smolen
LIV Sotheby's International
Buyer's Agent
David Smolen
LIV Sotheby's International
List Price
$1,448,000
Sold Price
$1,319,000
Premium/Discount to List
-$129,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Nov 18, 2005
Sold by
Vandergreest Joanne B
Bought by
Vandergreest Joanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2003
Sold by
Smith Joanne
Bought by
Vandergeest Joanne B

Purchase Details

Closed on
Oct 18, 1994
Sold by
Perry James R and Perry Dona M
Bought by
Smith Joanne

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
8.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Devon Beachside Llc $2,020,000 Lawyers Title
1308 Devon Llc $1,319,000 Fidelity National Title Co
Vandergreest Joanne B -- Chicago Title Company
Vandergeest Joanne B -- --
Smith Joanne $302,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devon Beachside Llc $1,020,000
Previous Owner Vandergreest Joanne B $350,000
Previous Owner Vandergeest Joanne B $100,000
Previous Owner Vandergeest Joanne B $427,150
Previous Owner Smith Joanne $131,600
Previous Owner Smith Joanne $315,000
Previous Owner Smith Joanne $65,000
Previous Owner Smith Joanne $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $2,020,000 -4.9% $1,578 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $2,125,000 0.0% $1,660 / Sq Ft
11/19/2020 11/19/20 Rented $3,350 0.0% --
10/21/2020 10/21/20 For Rent $3,350 0.0% --
10/05/2020 10/05/20 Off Market $3,350 -- --
10/05/2020 10/05/20 For Rent $3,350 +12.6% --
12/11/2017 12/11/17 Rented $2,975 -0.8% --
12/11/2017 12/11/17 Under Contract -- -- --
10/24/2017 10/24/17 For Rent $3,000 0.0% --
06/08/2017 06/08/17 Sold $1,319,000 -8.9% $1,027 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $1,448,000 -- $1,128 / 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 $22,526 $2,101,608 $1,820,700 $280,908
2024 $22,526 $2,060,400 $1,785,000 $275,400
2023 $22,252 $2,020,000 $1,750,000 $270,000
2022 $15,107 $1,442,515 $1,224,882 $217,633
2021 $14,815 $1,414,231 $1,200,865 $213,366
2020 $14,672 $1,399,731 $1,188,552 $211,179
2019 $14,399 $1,372,287 $1,165,248 $207,039
2018 $14,157 $1,345,380 $1,142,400 $202,980
2017 $4,592 $437,779 $311,157 $126,622
2016 $4,501 $429,196 $305,056 $124,140
2015 $4,452 $422,751 $300,475 $122,276
2014 $4,378 $414,472 $294,590 $119,882
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Antonia Lake

    LIV Sotheby's International

  • T

    Seller's Agent in 2020

    Tracey Lamprecht

    Tracey Lamprecht RE & MGMT

    (805) 701-4563

    6 Total Sales

    Tracey Lamprecht
    Section Image
  • David Smolen

    Seller's Agent in 2017

    David Smolen

    LIV Sotheby's International

    (805) 320-3090

    2 in this area

    17 Total Sales

    David Smolen
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-11235

Ventura County Regional Data Share

APN: 081-0-093-075

California Ventura County Ventura 93001 Pierpont

1308 Devon Ln, Ventura, CA

This home is located at 1308 Devon Ln, Ventura, CA 93001 since 15 March 2022 and is currently estimated at $2,049,387, approximately $1,601 per square foot. This property was built in 1956. 1308 Devon Ln is a home located in Ventura County with nearby schools including Pierpont Elementary School, Cabrillo Middle School, and Ventura High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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