NOT LISTED FOR SALE

2194 Palomar Ave Ventura, CA 93001

Midtown Neighborhood

Estimated Value: $1,250,000 - $1,461,000

4 Beds
2 Baths
1,598 Sq Ft
$830/Sq Ft Est. Value

Last Sold February 02, 2012

Last sale price $485,000 $304 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $7,536/month

Highlights

  • Ocean View
  • Wood Flooring
  • Direct Access Garage
  • Loma Vista Elementary School Rated A-
  • Balcony
  • Laundry Room

About This Home

As of February 2012

WOW, What a VIEW!!! This 4 + 2 Ventura Heights home has great potential. A bit of a diamond in the rough, but the location is outstanding! 2 bedrooms/1 bath on first level, and 2 bedrooms/1 bath on lower level. City & Ocean views from Master bedroom, Living room & Dining room.

Last Agent to Sell the Property

Tim McDermott

RE/MAX Gold Coast REALTORS License #01271984 Listed on: 10/20/2011

RE/MAX Gold Coast REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,550

Year Built

  • Built in 1929

Lot Details

  • 6,626 Sq Ft Lot
  • Property is zoned R1-7

Property Views

  • Ocean
  • City Lights

Home Design

  • Tile Roof
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,598 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Electric Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Direct Access Garage
  • Parking Available
  • Single Garage Door

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Conventional Septic

Community Details

  • Ventura Heights 0269 Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0740042070

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,550

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Ventura Heights
  • View: Yes
  • Zoning: R1-7
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0740042070
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1598.00
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 303.50

Exterior Features

  • View: City Lights, Ocean
  • Pool Private: No
  • Roof: Rolled/Hot Mop, Tile
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooking
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area
  • Sewer: Conventional Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6626.00
  • Lot Size Acres: 0.1521

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6626.0000 Square Feet

Tax Info

  • Tax Census Tract: Ventura Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2011
Closed on
Dec 14, 2011
Sold by
First Horizon Home Loans
Bought by
Flannery Patrick W and Flannery Schauna
Seller's Agent
Tim McDermott
RE/MAX Gold Coast REALTORS
List Price
$560,000
Sold Price
$485,000
Premium/Discount to List
-$75,000
-13.39%
Current Estimated Value
$1,326,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$841,376
Avg. Annual Appreciation
7.56%
Original Mortgage
$465,357
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2011
Sold by
Gray Matthew R and Gray Judi M
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Dec 10, 2007
Sold by
Eddy Steven D
Bought by
Gray Matthew R and Gray Judi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
5.72%
Mortgage Type
Stand Alone Second
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
Flannery Patrick W $485,000 First American Title Ins Co
First Horizon Home Loans $498,000 None Available
Gray Matthew R $750,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flannery Patrick W $465,357
Previous Owner Gray Matthew R $74,900
Previous Owner Gray Matthew R $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2012 02/02/12 Sold $485,000 -13.4% $304 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
10/20/2011 10/20/11 For Sale $560,000 -- $350 / 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 $6,550 $609,174 $427,052 $182,122
2024 $6,550 $597,230 $418,679 $178,551
2023 $6,470 $585,520 $410,470 $175,050
2022 $6,025 $574,040 $402,422 $171,618
2021 $5,909 $562,785 $394,532 $168,253
2020 $5,852 $557,017 $390,488 $166,529
2019 $5,743 $546,096 $382,832 $163,264
2018 $5,646 $535,389 $375,326 $160,063
2017 $5,526 $524,892 $367,967 $156,925
2016 $5,418 $514,601 $360,752 $153,849
2015 $5,359 $506,873 $355,334 $151,539
2014 $5,270 $496,945 $348,374 $148,571
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tim McDermott

    RE/MAX

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-11015857

Ventura County Regional Data Share

APN: 074-0-042-070

California Ventura County Ventura 93001 Midtown

2194 Palomar Ave, Ventura, CA

Not Listed for Sale

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