NOT LISTED FOR SALE

Estimated Value: $1,736,000 - $2,088,000

3 Beds
3 Baths
2,009 Sq Ft
$951/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $2,040,000 $1,015 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $11,464/month

78 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Loma Vista Elementary School Rated A-
  • Updated Kitchen
  • Spanish Architecture

About This Home

As of December 2023

Custom Single-level Ventura Home with Spectacular Hillside, Ocean, and Island views. This Spanish-style home is located on one of the most desirable streets, Hillcrest Drive, in a spacious, gated, private corner lot just above Midtown Ventura. The current owners have spared no expense in upgrading and remodeling this grand home. It features over 2000 sq ft, 3 bedrooms, 3 baths, a living room, and a family room with gas fireplaces. This beautiful home has many areas to relax and enjoy the stunning views of the coastline and city lights at night. The tastefully upgraded gourmet kitchen is a winner, with a 6-burner gas Viking range with griddle, a large Subzero stainless steel front refrigerator/freezer, and a new Samsung dishwasher. Granite countertops with an additional center island hosting a butcher block top, prep sink, and disposer. Adjacent is the remodeled formal dining room with a Moroccan chandelier and sconces. A 9-speaker sound system is available in the kitchen and family room, for a unique surround sound experience. Beautiful hardwood floors. Air conditioning. Spacious Remodeled Primary suite with high vaulted ceilings, newer tinted dual pane windows, and sliding doors leading to the 400 sq ft (approximately) expansive viewing deck. The primary bath offers Moroccan Design aesthetics with a walk-in closet, Jacuzzi spa tub, granite countertop with 2 sinks, and a one-of-a-kind hand-carved vanity cabinet. The Versatile floor plan of this property, with a bedroom used as an at-home office. It could be a den or even a nursery. There is access to the outside from most of the rooms. The gardens and lush landscaping are mature with tropical exotic palms, & flowers. There are several fruit trees, including avocado, orange, lemon, lime, and kumquat. This tropical oasis is a must-see, as there is much more to it to describe.

Last Agent to Sell the Property

Fred Evans

RE/MAX Gold Coast REALTORS License #00893591 Listed on: 09/06/2023

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

John Burdick

Redfin License #01983093

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,713

Year Built

  • Built in 1948

Lot Details

  • 8,145 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinkler System
  • Private Yard
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,009 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Tinted Windows
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Schools

  • Loma Vista Elementary School
  • Cabrillo Middle School
  • Ventura High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Gas Water Heater
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0740022070

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,713

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer & Dryer & refrigerator
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0740022070
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2009.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 1094.57
  • Room Type: Entry, Primary Suite, Primary Bathroom, Main Floor Bedroom, Laundry, Kitchen, Living Room, Formal Entry, Family Room
  • Window Features: Double Pane Windows, Tinted Windows
  • Bathroom Features: Granite Counters, Bathtub, Upgraded, Shower In Tub, Remodeled
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Utility Sink, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: City Lights, Panoramic, Ocean, Mountain(s)
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Front Porch, Rear Porch, Patio Open
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Water Heater, Range Hood, Microwave, Gas Water Heater, Gas Range, Gas Oven, Water Softener, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • Elementary School: Loma Vista
  • High School: Ventura
  • Middle Or Junior School: Cabrillo
  • Elementary School #2: LOMVIS
  • High School2: VENTUR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard, Front Yard
  • Lot Size Sq Ft: 8145.00
  • Lot Size Acres: 0.1870

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8145.0000 Square Feet

Tax Info

  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Nov 2, 2023
Sold by
Michael Papale Revocable Trust
Bought by
Davis Kevin L and Oneill Elaine M
Seller's Agent
Fred Evans
RE/MAX Gold Coast REALTORS
Buyer's Agent
John Burdick
Redfin
List Price
$2,395,000
Sold Price
$2,040,000
Premium/Discount to List
-$355,000
-14.82%
Views
176
Current Estimated Value
$1,910,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,300
Avg. Annual Appreciation
-3.35%
Original Mortgage
$660,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2022
Sold by
Papale Family Trust
Bought by
Michael Papale Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,635,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2000
Sold by
Heinz Peter C and Heinz Amy T
Bought by
Papale Michael J and Papale Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.62%

Purchase Details

Closed on
Jan 24, 1996
Sold by
Sutherlin Leroy
Bought by
Heinz Peter C and Heinz Amy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,100
Interest Rate
5.75%
Source: Public Records

Range of Values:

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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
Davis Kevin L $2,040,000 Old Republic Title
Michael Papale Revocable Trust -- None Listed On Document
Papale Michael J $585,000 Lawyers Title Company
Heinz Peter C $229,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Kevin L $660,000
Previous Owner Michael Papale Revocable Trust $2,635,500
Previous Owner Papale Michael J $400,000
Previous Owner Heinz Peter C $206,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $2,040,000 -7.2% $1,015 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/04/2023 10/04/23 Price Changed $2,199,000 -8.2% $1,095 / Sq Ft
09/05/2023 09/05/23 For Sale $2,395,000 -- $1,192 / 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 $16,713 $1,558,296 $981,003 $577,293
2024 $16,713 $1,527,742 $961,768 $565,974
2023 $9,545 $864,196 $664,775 $199,421
2022 $8,886 $847,251 $651,740 $195,511
2021 $8,715 $830,639 $638,961 $191,678
2020 $8,631 $822,123 $632,410 $189,713
2019 $8,470 $806,004 $620,010 $185,994
2018 $8,328 $790,201 $607,853 $182,348
2017 $8,151 $774,708 $595,935 $178,773
2016 $7,990 $759,518 $584,250 $175,268
2015 $7,904 $748,112 $575,475 $172,637
2014 $7,773 $733,459 $564,203 $169,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-19878

Ventura County Regional Data Share

APN: 074-0-022-070