NOT LISTED FOR SALE

1545 E Thompson Blvd Ventura, CA 93001

Midtown Neighborhood

Estimated Value: $941,000 - $1,248,553

5 Beds
2 Baths
1,961 Sq Ft
$540/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2024

Last sale price $980,000 $500 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,731 / mo

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • 2 Car Garage
  • Wood Flooring
  • Tankless Water Heater
  • Wood Fence

About This Home

As of July 2024

Incredible investment opportunity in the heart of Ventura just half a mile from the beach! This centrally located duplex has a charming front house and completely updated back unit. The front unit is three bedrooms, one bathroom, with a separate living room & dining room, nice sized kitchen with laundry, newer wall heater, oak floors, and a spacious side yard. Front unit is tenant occupied and offers will be subject to inspection. The back unit is two bedrooms, one bathroom with a comfortable living room, completely remodeled kitchen, laundry room, and large backyard area. Features include refinished original hardwood floors, completely remodeled bathroom, new interior paint, remodeled kitchen (complete with custom cabinetry, solid surface counters, LG gas range, built-in microwave, dishwasher and refrigerator), large laundry room (with washer & dryer), tankless water heater, upgraded electrical panel, water filtration system, new windows, PEX plumbing, new interior doors, and more! The spacious backyard is a blank slate with so much potential - perfect for relaxing and enjoying the ocean breeze. Each unit has a one car garage, and the only shared wall is between the garages. Close proximity to local gems, restaurants, shops and entertainment. Great rental income opportunity. Don't miss out!!

Last Agent to Sell the Property

Liz Donnelly

RE/MAX Gold Coast REALTORS Brokerage Email: donnellyremax@gmail.com License #01458117 Listed on: 06/11/2024

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Tony Clark

Beverly and Company Inc. License #02198186

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,806 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex

Interior Spaces

  • 1,961 Sq Ft Home
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • Tax Tract Number 26
  • Assessor Parcel Number 0730184060

Community Details

Overview

  • 2 Units
  • Ventura: Other 0026 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,447
  • Water Sewer Expense $200
  • Operating Expense $2,000
  • Gross Income $25,116
  • Net Operating Income $25,116

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,806 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Ventura: Other - 0026
  • View: No
  • Water Sewer Expenses: 200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0730184060
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 509.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Tankless Water Heater, Microwave, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6806.00
  • Lot Size Acres: 0.1562

Rental Info

  • Tenant Pays: Cable TV, Gas, Electricity

Multi Family

  • Gross Income: 25116.00
  • Gross Scheduled Income: 25116.00
  • Insurance Expense: 1447.00
  • Lot Size Area: 6806.0000 Square Feet
  • Net Operating Income: 25116.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2093.00
  • Total Expenses: 2000.00

Tax Info

  • Tax Tract Number: 26.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 17, 2024
Sold by
Bought by
Seller's Agent
Liz Donnelly
RE/MAX Gold Coast REALTORS
Buyer's Agent
Tony Clark
Beverly and Company Inc.
List Price
$999,900
Sold Price
$980,000
Premium/Discount to List
-$19,900
-1.99%
Views
8
Current Estimated Value
$1,059,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,388
Avg. Annual Appreciation
3.95%
Original Mortgage
$380,000
Outstanding Balance
$372,153
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$687,235
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Midtown, CA

  • Allison Easley Real Estate Agent - RE/MAX Gold Coast

    Allison Easley

    RE/MAX Gold Coast

    (805) 386-9676

    61 Total Sales

    3 in Midtown

    $717K - $1.5M Price Range

    Allison Easley
     Section Image
  • Larry Krogh Real Estate Agent - LIV Sotheby's International Realty

    Larry Krogh

    LIV Sotheby's International Realty

    (805) 586-9558

    131 Total Sales

    15 in Midtown

    $915K - $3.3M Price Range

    Larry Krogh
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  • Lowell Easley Real Estate Agent - RE/MAX Gold Coast-Beach Marina Office

    Lowell Easley

    RE/MAX Gold Coast-Beach Marina Office

    (805) 823-1316

    23 Total Sales

    1 in Midtown

    $1,495,000 Price

    Lowell Easley
     Section Image
  • Andrew Hart Real Estate Agent - Real Broker

    Andrew Hart

    Real Broker

    (818) 463-1176

    64 Total Sales

    1 in Midtown

    $775,000 Price

    Andrew Hart
     Section Image
  • Nora Davis Real Estate Agent - LIV Sothebys Ojai

    Nora Davis

    LIV Sothebys Ojai

    (805) 600-0576

    67 Total Sales

    4 in Midtown

    $820K - $1.2M Price Range

    Nora Davis
     Section Image
  • Fred Evans Real Estate Agent - RE/MAX Gold Coast REALTORS

    Fred Evans

    RE/MAX Gold Coast REALTORS

    (805) 823-1352

    152 Total Sales

    34 in Midtown

    $825K - $5.6M Price Range

    Fred Evans
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$980,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $380,000
Open $735,000
Previous Owner $130,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $980,000 -2.0% $500 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $999,900 -- $510 / Sq Ft
Source: Ventura County Regional Data Share

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,758 $980,000 $685,000 $295,000
2024 $957 $77,287 $28,810 $48,477
2023 $947 $75,772 $28,245 $47,527
2022 $889 $74,287 $27,691 $46,596
2021 $874 $72,831 $27,148 $45,683
2020 $866 $72,086 $26,871 $45,215
2019 $852 $70,674 $26,345 $44,329
2018 $839 $69,289 $25,829 $43,460
2017 $824 $67,931 $25,323 $42,608
2016 $810 $66,600 $24,827 $41,773
2015 $802 $65,602 $24,455 $41,147
2014 $791 $64,319 $23,977 $40,342
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Liz Donnelly

    RE/MAX

    (805) 794-6005

    42 in this area

    311 Total Sales

    Liz Donnelly
    Section Image

  • T

    Buyer's Agent in 2024

    Tony Clark

    Beverly and Company Inc.

    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-24063

Ventura County Regional Data Share

APN: 073-0-184-060

California Ventura County Ventura 93001 Midtown

1545 E Thompson Blvd, Ventura, CA

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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