NOT LISTED FOR SALE

1563 Gridley Rd Ojai, CA 93023

5 Beds
5 Baths
4,340 Sq Ft
25.05 Acres Lot

Sale Details

Date Sold: June 20, 2019

Last sale price $5,725,000 $1,319 Per Sq Ft

About This Home

Designed in 1914 by renowned architect Reginald Johnson, you enter this very private 25 acre ranch through gates down a dramatic driveway arboretum with mature trees from all over the world. The property features a very well-preserved and upgraded historic home with inviting and expansive views of the Ojai Valley that will take you back to a time and place of peace and serenity. The approximately 4,340 sq. ft main house, with 4 fireplaces, 5 bedrooms, and 4.5 baths is nestled on a hillside overlooking a healthy 12-acre orange grove watered by a robust well. Upgrades include new marble bathrooms, kitchen, floors, and hand-painted walls as well as dual zone air conditioning and upgraded wiring and plumbing, all of which maintain the integrity of a 1914 home. The property boasts a 2 bedroom, 1.5 bath gatehouse, a 2,500 square foot redwood barn, 2 car garage, and separate studio as well as an acre of avocados. Take a dip in the pool or play pickle ball on the court while enjoying your complete privacy. This is a unique opportunity to own part of Ojai's magical history and a remarkably graceful home by Reginald Johnson, who designed such classics as the Biltmore Hotel, the Santa Barbara Post Office and the Cate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Apr 23, 2019
Sold by
Akme Group Holdings Llc
Bought by
1563 Home Acres Llc
Seller's Agent
Patricia Waltcher
LIV Sotheby's International Realty Ojai
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$6,885,000
Sold Price
$5,725,000
Premium/Discount to List
-$1,160,000
-16.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,900,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2011
Sold by
Rancho Oracado Partnership
Bought by
Akme Group Holdings Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
1563 Home Acres Llc $5,725,000 Fidelity National Title
Akme Group Holdings Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1563 Home Acres Llc $5,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2019 06/20/19 Sold $5,725,000 -16.8% $1,319 / Sq Ft View Prior Sale
04/15/2019 04/15/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $6,885,000 -- $1,586 / Sq Ft

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 $63,870 $5,862,229 $5,034,011 $828,218
2024 $62,870 $5,777,543 $4,953,867 $823,676
2023 $60,676 $5,664,583 $4,868,824 $795,759
2022 $59,522 $5,554,976 $4,775,534 $779,442
2021 $58,926 $5,413,284 $4,685,776 $727,508
2020 $57,210 $5,336,680 $4,630,180 $706,500
2019 $34,466 $3,245,964 $2,743,462 $502,502
2018 $34,169 $3,178,167 $2,685,207 $492,960
2017 $33,468 $3,118,682 $2,634,987 $483,695
2016 $32,841 $3,053,643 $2,579,063 $474,580
2015 $32,661 $3,010,671 $2,542,877 $467,794
2014 $31,071 $2,955,119 $2,496,199 $458,920
Source: Public Records

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