NOT LISTED FOR SALE

1348 King James Ct Oak Park, CA 91377

Estimated Value: $2,180,000 - $3,079,000

0.36 Acre
$7,519,594 Price per Acre
15,682 Sq Ft Lot

Last Sold August 12, 2019

Last sale price $550,000 $170 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $16,012/month

32 Days on Market

Highlights

  • 0.36 Acre Lot
  • Views
  • 3-minute walk to Eagle View Park
  • Medea Creek Middle School Rated A+

About This Lot

As of August 2019

Attention Builders, Investors, and anyone looking for the perfect forever home.. This is it!! Incredible opportunity now available to build the exact home you always dreamed of in an amazing location. This 15,851 SF flat lot, backs to open space and is located on a cul-de-sac in the most desirable neighborhood in Oak Park. This is the first opportunity to build in Morrison Sutton Estates in decades and you don't have to start from scratch! Recent functional improvements are already in place and will save a lot of time and money. Approximately 4 year old modern style pool and spa with baja shelf entry, and concealed automatic cover was recently installed along with artificial turf and smooth stucco and stone perimeter wall. Over $150,000 in usable improvements! This truly a unique opportunity! Local contractor building other homes in the neighborhood has given an estimate of approximately $280 / SF. 30 year old homes in Morrison Sutton have recently sold as high as $585 / SF. New construction comps have yet to been set but it's safe to say they will be higher! Don't miss this amazing and rare opportunity.

Last Agent to Sell the Property

Gary Jacobs

RE/MAX ONE License #01814855 Listed on: 06/20/2019

RE/MAX ONE

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,915

Lot Details

  • 0.36 Acre Lot

Additional Features

  • Property Views

Community Details

  • Morrison Ests/Sutton Valley 826 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6850195045

Property Details

Property Type

Land

Est. Annual Taxes

$17,915

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.36
  • Subdivision Name: Morrison Ests/Sutton Valley-826
  • Property Info:View: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Condo/Co-op/Association

  • HOAInformationHOA: Yes

Lot Info

  • Lot Size Sq Ft: 15851.0
  • Parcel #: 6850195045
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 30, 2019
Sold by
Testan Steven C and Testan Lesley F
Bought by
Zhao Wenbin and Xie Helen
Seller's Agent
Gary Jacobs
RE/MAX ONE
Buyer's Agent
Non Member
Non Member Office
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$2,651,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,101,931
Avg. Annual Appreciation
31.11%

Purchase Details

Listed on
Mar 8, 2002
Closed on
Jul 3, 2012
Sold by
Rees Mark S and Rees Mary J
Bought by
Testan Steven C and Testan Lesley F
Seller's Agent
Kathleen McLean
RE/MAX ONE
Buyer's Agent
Gary Jacobs
Coldwell Banker Realty
List Price
$1,055,000
Sold Price
$1,055,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.87%
Original Mortgage
$598,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Rees Mark S and Rees Mary J
Bought by
Rees Mark S and Rees Mary J

Purchase Details

Closed on
Mar 24, 1998
Sold by
Blaser Arnold & Shirley Trust and Steven
Bought by
Rees Mark S and Rees Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1997
Sold by
Blaser Arnold & Shirley Trust and Steven
Bought by
Blaser Steven and Blaser Cary
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
Zhao Wenbin $550,000 Fidelity National Title Co
Testan Steven C $1,055,000 Chicago Title
Rees Mark S -- --
Rees Mark S $615,000 American Title Co
Blaser Steven -- --
Blaser Arnold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Wenbin $500,000
Previous Owner Testan Steven C $598,000
Previous Owner Rees Mark S $465,300
Previous Owner Rees Mark S $472,000
Previous Owner Rees Mark S $471,000
Previous Owner Rees Mark S $100,000
Previous Owner Rees Mark S $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $550,000 0.0% $170 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $550,000 -47.9% $170 / Sq Ft
08/09/2012 08/09/12 Sold $1,055,000 0.0% $327 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $1,055,000 -- $327 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $17,915 $1,449,619 $557,758 $891,861
2024 $17,915 $1,421,196 $546,822 $874,374
2023 $17,856 $1,393,330 $536,100 $857,230
2022 $12,589 $974,402 $525,588 $448,814
2021 $12,177 $955,297 $515,283 $440,014
2020 $7,374 $550,000 $510,000 $40,000
2019 $5,861 $436,729 $436,729 $0
2018 $14,905 $1,215,128 $570,889 $644,239
2017 $14,588 $1,191,303 $559,696 $631,607
2016 $14,255 $1,167,945 $548,722 $619,223
2015 $14,376 $1,147,961 $540,480 $607,481
2014 $13,347 $1,059,788 $529,894 $529,894
Source: Public Records

Agents Affiliated with this Home

  • Gary Jacobs

    Seller's Agent in 2019

    Gary Jacobs

    RE/MAX ONE

    (818) 307-3792

    11 in this area

    61 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Non Member Office

  • K

    Seller's Agent in 2012

    Kathleen McLean

    RE/MAX ONE

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 219007606

Conejo Simi Moorpark Association of REALTORS®

APN: 685-0-195-045

California Ventura County Oak Park 91377

1348 King James Ct, Oak Park, CA

This home is located at 1348 King James Ct, Oak Park, CA 91377 since 20 June 2019 and is currently estimated at $2,707,054, approximately $837 per square foot. 1348 King James Ct is a home located in Ventura County with nearby schools including Medea Creek Middle School and Oak Park 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.

Conejo Simi Moorpark Association of REALTORS® 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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