NOT LISTED FOR SALE

1505 Ocean Dr Oxnard, CA 93035

Silver Strand Neighborhood

Estimated Value: $3,013,000 - $3,607,000

4 Beds
2 Baths
3,226 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $1,400,000 $434 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $21,662/month

82 Days on Market

About This Home

As of May 2020

Ventura County has found permit violations and requires major renovation to remedy. Priced to reflect condition. Call agent with any questions or for the list. Buyer to investigate permitting, use, square footage & condition. Incredible opportunity to make this Silverstrand Beach home your very own. Directly on the sand with amazing views of the ocean and islands from each level. Lowest price home on the beach side of the street. Don't miss your chance to live here! This home has four bedrooms, updated kitchen with granite counters and stainless appliances, two game rooms, two fireplaces and more! Plenty of places to relax indoor and outdoor with two family rooms, beach front patio and upstairs master sitting area. Paver tile floors and wood accents, ocean view from master bath. This could be your chance to customize this home and live the beach life you've always desired. There's a possibility a lender may not loan on this, check with lender on permit violations. List available upon request. Broker and Broker's agent do not represent or guarantee square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or non-permitted space or renovations. It is Buyers' sole responsibility to perform investigations

Last Agent to Sell the Property

Tina Comden

Keller Williams West Ventura C License #00953910 Listed on: 02/26/2020

Keller Williams West Ventura C

Last Buyer's Agent

Bob Ridgway

Keller Williams West Ventura C License #01060428

Keller Williams West Ventura C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,317

Year Built

  • Built in 1960

Lot Details

  • 2,550 Sq Ft Lot
  • Property is zoned RBH

Parking

  • 2 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 3,226 Sq Ft Home
  • 3-Story Property
  • Free Standing Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 2060169180

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,317

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Silverstrand Beach - 0308
  • Zoning: RBH
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2060169180
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3226.00
  • Stories: 3
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing
  • Levels: Multi/Split
  • Price Per Square Foot: 433.97

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Oxnard Union

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2022
Sold by
Christina Spencer
Bought by
Spencer Lance
Current Estimated Value
$3,297,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,853,293
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$1,508,367

Purchase Details

Listed on
Feb 26, 2020
Closed on
May 18, 2020
Sold by
Herman James M and Herman Sally F
Bought by
Spencer And Sons Llc
Seller's Agent
Tina Comden
Keller Williams West Ventura C
Buyer's Agent
Bob Ridgway
Keller Williams West Ventura C
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%
Original Mortgage
$150,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2001
Sold by
Herman James M and Herman Sally F
Bought by
Herman James M and Herman Sally F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
6.1%

Purchase Details

Closed on
Apr 28, 1999
Sold by
Herman James M and Herman Sally F
Bought by
Herman James M and Herman Sally F

Purchase Details

Closed on
Feb 27, 1998
Sold by
Richard Bogatch
Bought by
Herman James M and Herman Sally F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Spencer Lance -- Amrock
Spencer Lance -- Amrock
Spencer And Sons Llc $1,400,000 Provident Title Company
Herman James M -- Chicago Title Co
Herman James M -- Chicago Title Co
Herman James M -- --
Herman James M $550,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Lance $2,000,000
Closed Spencer Lance $2,000,000
Previous Owner Spencer Lance $150,000
Previous Owner Spencer And Sons Llc $1,633,275
Previous Owner Herman James M $253,500
Previous Owner Herman James M $440,000
Previous Owner Bogatch Richard $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $1,400,000 -9.7% $434 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/02/2020 05/02/20 Price Changed $1,550,000 -3.1% $480 / Sq Ft
02/26/2020 02/26/20 For Sale $1,600,000 0.0% $496 / Sq Ft
12/11/2017 12/11/17 Rented $4,500 0.0% --
12/07/2017 12/07/17 Under Contract -- -- --
06/06/2017 06/06/17 For Rent $4,500 -- --
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 $44,317 $3,783,206 $2,837,405 $945,801
2024 $44,317 $3,709,026 $2,781,770 $927,256
2023 $42,094 $3,636,300 $2,727,225 $909,075
2022 $16,571 $1,442,793 $937,816 $504,977
2021 $16,565 $1,414,503 $919,427 $495,076
2020 $10,846 $927,075 $839,490 $87,585
2019 $10,693 $908,898 $823,030 $85,868
2018 $10,335 $891,078 $806,893 $84,185
2017 $9,954 $873,607 $791,072 $82,535
2016 $9,577 $856,478 $775,561 $80,917
2015 $9,337 $843,614 $763,912 $79,702
2014 -- $827,091 $748,949 $78,142
Source: Public Records

Agents Affiliated with this Home

  • Tina Comden

    Seller's Agent in 2020

    Tina Comden

    Keller Williams West Ventura C

    (805) 218-5926

    16 Total Sales

    Section Image

  • B

    Buyer's Agent in 2020

    Bob Ridgway

    Keller Williams West Ventura C

    (805) 320-1811

    23 Total Sales

    Section Image

  • K

    Seller's Agent in 2017

    Kristina Brewer

    RE/MAX Gold Coast Property Management

    (805) 832-4075

    1 Total Sale

    Section Image
See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V0-220002144

Ventura County Regional Data Share

APN: 206-0-169-180

California Ventura County Oxnard 93035 Silver Strand

1505 Ocean Dr, Oxnard, CA

This home is located at 1505 Ocean Dr, Oxnard, CA 93035 since 26 February 2020 and is currently estimated at $3,297,874, approximately $1,022 per square foot. This property was built in 1960. 1505 Ocean Dr is a home located in Ventura County with nearby schools including Hollywood Beach Elementary School, Oxnard High School, and St. Anthony's Elementary 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.

Nearby Homes