NOT LISTED FOR SALE

Estimated Value: $1,548,000 - $4,929,885

0.25 Acre
$10,826,316 Price per Acre
11,103 Sq Ft Lot

Last Sold February 14, 2023

Last sale price $950,000 $361 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $15,331/month

54 Days on Market

About This Lot

As of February 2023

Amazing opportunity to build your dream home on one of Ventura's finest streets with sweeping island and ocean views! This prime lot is located above downtown Ventura amidst luxury homes on a quiet street with extraordinary panoramic vistas. Enjoy beautiful sunsets, city lights, unobstructed far-reaching views and our fantastic climate while being within easy access of downtown shops, restaurants, beautiful beaches, and so much more! This is truly a trophy property ready for the most discerning buyer!

Last Agent to Sell the Property

Liz Donnelly

RE/MAX Gold Coast REALTORS License #01458117 Listed on: 11/22/2022

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Liz Donnelly

RE/MAX Gold Coast REALTORS License #01458117 Listed on: 11/22/2022

RE/MAX Gold Coast REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,633

Lot Details

  • 0.25 Acre Lot
  • No Sprinklers
  • Property is zoned R1-7

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Hills

Location

  • Suburban Location

Community Details

  • Ventura Heights 0269 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0720153280

Property Details

Property Type

Land

Est. Annual Taxes

$10,633

Lot Details

0

Listing Details

  • Assessments: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1-7
  • Property Type: Land
  • Parcel Number: 0720153280
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 134.66

Exterior Features

  • View: City Lights, Water, Panoramic, Ocean, Hills, Coastline
  • Fence: No

Utilities

  • Sprinklers: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 11102.00
  • Lot Size Acres: 0.2549

Multi Family

  • Lot Size Area: 11102.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Hillside Properties Llc
Bought by
Breaker Hillcrest Lp
Current Estimated Value
$2,759,628

Purchase Details

Listed on
Nov 22, 2022
Closed on
Jan 18, 2023
Sold by
Horizon Revocable Trust
Bought by
Hillside Properties Llc
Seller's Agent
Liz Donnelly
RE/MAX Gold Coast REALTORS
Buyer's Agent
Liz Donnelly
RE/MAX Gold Coast REALTORS
List Price
$1,495,000
Sold Price
$950,000
Premium/Discount to List
-$545,000
-36.45%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.43%

Purchase Details

Closed on
Jan 4, 2022
Sold by
Van Rossum Living Trust
Bought by
1900 Hillcrest Llc

Purchase Details

Closed on
Dec 18, 2012
Sold by
Vanrossum Ron L and Vanrossum Van Rossum
Bought by
Vanrossum Ronald and Vanrossum Van Rossum

Purchase Details

Closed on
May 6, 2008
Sold by
Vanrossum Ron L and Vanrossum Van Rossum
Bought by
Vanrossum Ron L and Vanrossum Van Rossum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 10, 2002
Sold by
Vanrossum Ron L
Bought by
Vanrossum Ron L and Vanrossum Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Breaker Hillcrest Lp -- None Listed On Document
Hillside Properties Llc $950,000 Lawyers Title
1900 Hillcrest Llc $875,000 Chicago Title
Vanrossum Ronald -- None Available
Vanrossum Ron L -- Servicelink
Vanrossum Ron L -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanrossum Ron L $320,000
Previous Owner Vanrossum Ron L $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2023 02/14/23 Sold $950,000 -36.5% $361 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
11/22/2022 11/22/22 For Sale $1,495,000 -- $569 / Sq Ft
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 $10,633 $988,380 $988,380 --
2024 $10,633 $969,000 $969,000 --
2023 $9,681 $875,000 $875,000 $0
2022 $5,880 $563,658 $563,658 $0
2021 $5,839 $552,606 $552,606 $0
2020 $5,710 $546,939 $546,939 $0
2019 $5,603 $536,215 $536,215 $0
2018 $5,508 $525,701 $525,701 $0
2017 $10,615 $1,013,214 $687,193 $326,021
2016 $10,405 $993,348 $673,719 $319,629
2015 $10,293 $978,429 $663,600 $314,829
2014 $10,122 $959,265 $650,602 $308,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-15824

Ventura County Regional Data Share

APN: 072-0-153-280