NOT LISTED FOR SALE

1597 E Thompson Blvd Ventura, CA 93001

Midtown Neighborhood

Estimated Value: $907,363

3 Beds
2 Baths
1,585 Sq Ft
$572/Sq Ft Est. Value

Last Sold December 24, 2024

Last sale price $925,000 $584 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,377/month

353 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Midcentury Modern Architecture
  • Quartz Countertops
  • Cabrillo Middle School Rated A-
  • Corner Lot
  • Two Homes on a Lot

About This Home

As of December 2024

2 Properties on 1 Lot! Back on the market!!! At NO fault to the property, buyers couldn't perform, so here is your chance! Great Investment Opportunity! Nothing like this on the market in Ventura! Just minutes to the Beach and desirable neighborhood, sits a cozy single story, 3 bedroom 1 bath upgraded home, AND a business store front on the same lot! The charming single family home has quartz counter tops, updated electrical, newer flooring, plumbing, newer windows, wall heaters, lighting and stainless steel appliances all within the last 5 years. New water heater and exterior and interior painting already done for you! The large 3rd bedroom (no closet) has a separate entrance and can be used for a primary bedroom or family room . Remodeled full bathroom has glass subway tiles and tub/shower combo. A wonderful porch to greet you, and a side yard to take advantage of outdoor BBQ's. There is a utility room with washer/dryer hookups inside that accesses the long driveway for possible R/V parking and 1 car garage.The front office (#1595) is approx 600 sq ft and completely built out for offices or studio. Sellers spared no expense when remodeling the office space. New flooring, defined office areas, newly painted exterior, air conditioning unit, remodeled 1/2 bath and more! There is handicap parking accessible and an additional parking space. SO many options to choose from with this LIVE/WORK opportunity!

Last Agent to Sell the Property

Terri Davis

Keller Williams Santa Barbara Brokerage Phone: (805) 443-1102 License #01330845 Listed on: 01/06/2024

Keller Williams Santa Barbara

Last Buyer's Agent

NoEmail NoEmail

OUT OF AREA License #00000000

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 3,806 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot
  • No Sprinklers

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Guest Parking
  • RV Potential
  • Assigned Parking

Home Design

  • Midcentury Modern Architecture
  • Bungalow
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Built-In Features
  • Recessed Lighting
  • Insulated Windows
  • Roller Shields
  • Living Room
  • Utility Room
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas
  • Tax Tract Number 26
  • Assessor Parcel Number 0730184010

Community Details

Overview

  • 2 Buildings
  • Buenaventura 0224 Subdivision

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $390
  • Water Sewer Expense $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1961 | Remodeled

Lot Details

3,806 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Buenaventura - 0224
  • View: No
  • Water Sewer Expenses: 1.00
  • Architectural Style: Bungalow, Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 0730184010
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Quartz Counters, Recessed Lighting, Pull Down Stairs to Attic
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Room Type: Living Room, Laundry, All Bedrooms Down, Utility Room
  • Window Features: Insulated Windows, Roller Shields

Exterior Features

  • Foundation: Slab, Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, RV Potential, Guest, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Sewer: Public Sewer
  • Trash Expense: 390.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers None
  • Lot Size Sq Ft: 3806.00
  • Lot Size Acres: 0.0874

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 3806.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Rent Control: No

Tax Info

  • Tax Tract Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Feb 20, 2025
Sold by
Newman Bradford S and Newman Sharon L
Bought by
Bradford And Sharon Newman 2005 Trust and Newman
Seller's Agent
Terri Davis
Keller Williams Santa Barbara
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$979,000
Sold Price
$925,000
Premium/Discount to List
-$54,000
-5.52%
Views
2947
Current Estimated Value
$907,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,637
Avg. Annual Appreciation
-1.66%

Purchase Details

Listed on
Jan 6, 2024
Closed on
Dec 9, 2024
Sold by
Weir Joshua Gene and Weir Jennifer Nicole
Bought by
Newman Bradford S and Newman Sharon L
Seller's Agent
Terri Davis
Keller Williams Santa Barbara
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$979,000
Sold Price
$925,000
Premium/Discount to List
-$54,000
-5.52%
Views
2947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2018
Closed on
Dec 28, 2018
Sold by
Midtown Team Llc
Bought by
Weir Joshua Gene and Weir Jennifer Nicole
Seller's Agent
Julie Zermeno
JZ REALTY
Buyer's Agent
Terri Davis
Keller Williams Santa Barbara
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$521,250
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2014
Sold by
Reeves Joseph Eugene
Bought by
Reeves Gindora Marie and Russell Gindora Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 2, 2014
Sold by
Russell James
Bought by
Midtown Team Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 8, 2009
Sold by
Russell Gindora Marie
Bought by
Russell James Ronald

Purchase Details

Closed on
Aug 9, 2005
Sold by
Russell James Ronald
Bought by
Russell Gindora Marie

Purchase Details

Closed on
Oct 26, 1993
Sold by
Russell Audrey E
Bought by
Russell James Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bradford And Sharon Newman 2005 Trust -- None Listed On Document
Newman Bradford S $925,000 Old Republic Title
Newman Bradford S $925,000 Old Republic Title
Weir Joshua Gene $695,000 Lawyers Title Co
Reeves Gindora Marie -- First American Title Company
Midtown Team Llc $360,000 First American Title Company
Russell James Ronald -- First American Title Company
Russell James Ronald -- None Available
Russell Gindora Marie -- --
Russell James Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newman Bradford S $615,000
Previous Owner Weir Joshua Gene $521,250
Previous Owner Midtown Team Llc $217,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/24/2024 12/24/24 Sold $925,000 -2.6% $584 / Sq Ft
12/24/2024 12/24/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $950,000 -2.0% $599 / Sq Ft
10/30/2024 10/30/24 Price Changed $969,000 -1.0% $611 / Sq Ft
09/08/2024 09/08/24 For Sale $979,000 +5.8% $618 / Sq Ft
09/06/2024 09/06/24 Off Market $925,000 -- --
09/06/2024 09/06/24 Price Changed $979,000 -1.9% $618 / Sq Ft
08/06/2024 08/06/24 Price Changed $998,000 -4.9% $630 / Sq Ft
07/11/2024 07/11/24 Price Changed $1,049,000 -1.8% $662 / Sq Ft
06/23/2024 06/23/24 Price Changed $1,068,000 -1.0% $674 / Sq Ft
04/20/2024 04/20/24 Price Changed $1,079,000 -0.5% $681 / Sq Ft
02/28/2024 02/28/24 Price Changed $1,084,000 -0.5% $684 / Sq Ft
01/06/2024 01/06/24 For Sale $1,089,000 +56.7% $687 / Sq Ft
01/18/2019 01/18/19 Sold $695,000 0.0% $438 / Sq Ft View Prior Sale
01/18/2019 01/18/19 Sold $695,000 -9.0% $438 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
10/22/2018 10/22/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $764,000 -- $482 / Sq Ft
Source: Ventura County Regional Data Share

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 $8,426 $925,000 $150,000 $775,000
2024 $8,426 $760,081 $153,109 $606,972
2023 $8,326 $745,178 $150,107 $595,071
2022 $7,754 $730,567 $147,164 $583,403
2021 $7,605 $716,243 $144,279 $571,964
2020 $7,526 $708,900 $142,800 $566,100
2019 $4,267 $395,604 $82,416 $313,188
2018 $4,197 $387,848 $80,800 $307,048
2017 $4,111 $380,244 $79,216 $301,028
2016 $4,031 $372,789 $77,663 $295,126
2015 $3,990 $367,192 $76,498 $290,694
2014 -- $68,371 $21,536 $46,835
Source: Public Records

Agents Affiliated with this Home

  • Terri Davis

    Seller's Agent in 2024

    Terri Davis

    Keller Williams Santa Barbara

    (805) 443-1102

    5 in this area

    63 Total Sales

    Terri Davis
    Section Image

  • N

    Buyer's Agent in 2024

    NoEmail NoEmail

    OUT OF AREA

    (646) 541-2551

    5 in this area

    6,311 Total Sales

    NoEmail NoEmail
    Section Image
  • Liz Donnelly

    Seller's Agent in 2019

    Liz Donnelly

    RE/MAX

    (805) 339-3500

    1 in this area

    10 Total Sales

    Liz Donnelly
    Section Image
  • Julie Zermeno

    Seller's Agent in 2019

    Julie Zermeno

    JZ REALTY

    (805) 207-8111

    5 in this area

    58 Total Sales

    Julie Zermeno
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V1-21422

Ventura County Regional Data Share

APN: 073-0-184-010

California Ventura County Ventura 93001 Midtown

1597 E Thompson Blvd, Ventura, CA

Not Listed for Sale

MultiFamily

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