NOT LISTED FOR SALE

Estimated Value: $2,221,000 - $3,874,486

5 Beds
5.5 Baths
6,419 Sq Ft
$502/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $3,500,000 $545 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $18,496/month

34 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Ocean View
  • 0.75 Acre Lot
  • Ventura High School Rated A-
  • Updated Kitchen
  • Maid or Guest Quarters

About This Home

As of December 2021

One of Ventura's finest homes English Tudor sits on 3/4 Acres. Historical Landmark No.93 The Petit House built in 1929 for long time Mayor of Ventura Charles W Petit. Qualifies for the Mills Act for huge property tax savings. Offers 5 Br and 6ths Library & Detached Guest Quarters with 1500 sq ft garage. 4 Fireplaces. Spacious outdoor entertaining area with BBQ island with space heaters. Fabulous landscaping with mature trees and gated property with driveway from street to street. Owners have spent hundreds of thousands restoring this property. Huge wine cellar holds over 5,000 bottles. Huge media room with access to rear patio with in ground spa. Additional two car garage. So Much more to view and appreciate! Ocean views from several rooms.

Last Agent to Sell the Property

Fred Evans

Re/Max Gold Coast Realtors License #00893591 Listed on: 10/27/2021

Re/Max Gold Coast Realtors

Last Buyer's Agent

Sean O'Toole

Keller Williams West Ventura

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,786

Year Built

  • Built in 1929

Lot Details

  • 0.75 Acre Lot
  • Fenced
  • Level Lot
  • Property is in good condition
  • Property is zoned R-2

Property Views

  • Ocean
  • Mountain

Home Design

  • Tudor Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 6,419 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Laundry Room
  • Basement

Kitchen

  • Updated Kitchen
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Parking

  • Garage
  • Carport

Additional Features

  • Covered Patio or Porch
  • Accessory Dwelling Unit (ADU)
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 072-0-162-065

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,786

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1929
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Tudor
  • Carport Y N: Yes
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: ADU (Accessory Dwelling Unit), Second Residence
  • Reso Property Condition: Good
  • Property Information Year Built2: 1929
  • Property Information Apx # Acres: 0.75
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • Property Information Main House SqFt: 6419.0
  • Construction Two Story2: Yes
  • Other Buildings ADU (Accessory Dwelling Unit): Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • Amenities Second Residence: Yes
  • ParkingGarage Detached: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 32,631
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms:Den: Yes
  • Style Tudor2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, LR
  • Bedrooms Basement: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Other
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Acres: 0.75
  • Topography: Level
  • Exterior Features: Patio Covered, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Cpt #6, Attached, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 072-0-162-065
  • Zoning: R-2
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 22, 2021
Sold by
Campbell Julia F and Ben Namba Living Trust
Bought by
Otoole Patrick J and Otoole Suzanne
Seller's Agent
Fred Evans
Re/Max Gold Coast Realtors
Buyer's Agent
Sean O'Toole
Keller Williams West Ventura
List Price
$3,925,000
Sold Price
$3,500,000
Premium/Discount to List
-$425,000
-10.83%
Current Estimated Value
$3,224,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$275,505
Avg. Annual Appreciation
-1.06%

Purchase Details

Closed on
Nov 30, 2009
Sold by
Namba Ben B
Bought by
Namba Ben

Purchase Details

Closed on
Nov 30, 2001
Sold by
Namba Ben Bunji
Bought by
Namba Ben B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 4, 2001
Sold by
Frederickson Daniel R and Frederickson Carole M
Bought by
Namba Ben Benji

Purchase Details

Closed on
Aug 25, 1997
Sold by
Frederickson Daniel R and Frederickson Carole M
Bought by
Frederickson Daniel R and Frederickson Carole M

Purchase Details

Closed on
Feb 26, 1997
Sold by
Frederickson Daniel R and Frederickson Carole M
Bought by
Frederickson Daniel R and Frederickson Carole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.56%

Purchase Details

Closed on
Jul 12, 1995
Sold by
Everett June B
Bought by
Frederickson Daniel R and Frederickson Blenker C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.92%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Otoole Patrick J $3,500,000 Fidelity National Title
Namba Ben -- None Available
Namba Ben B -- North American Title Co
Namba Ben Benji $3,000,000 Lawyers Title Company
Frederickson Daniel R -- --
Frederickson Daniel R -- --
Frederickson Daniel R -- First American Title Ins Co
Frederickson Daniel R $850,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Namba Ben B $990,000
Previous Owner Namba Ben B $995,000
Previous Owner Namba Ben B $1,000,000
Previous Owner Namba Ben B $1,000,000
Previous Owner Namba Ben B $1,000,000
Previous Owner Namba Ben $1,000,000
Previous Owner Frederickson Daniel R $650,000
Previous Owner Frederickson Daniel R $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $3,500,000 -10.8% $545 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $3,925,000 -- $611 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $15,786 $1,369,624 $756,606 $613,018
2024 $15,786 $1,442,355 $791,563 $650,792
2023 $15,594 $1,414,074 $776,042 $638,032
2022 $18,423 $1,762,219 $899,369 $862,850
2021 $16,519 $1,577,583 $1,145,559 $432,024
2020 $14,737 $1,406,883 $1,059,139 $347,744
2019 $13,793 $1,315,072 $995,555 $319,517
2018 $13,548 $1,288,109 $975,249 $312,860
2017 $7,193 $681,100 $449,526 $231,574
2016 $5,511 $520,000 $343,200 $176,800
2015 $4,669 $437,400 $288,684 $148,716
2014 $4,678 $437,000 $288,420 $148,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3977

Santa Barbara Multiple Listing Service

APN: 072-0-162-065