NOT LISTED FOR SALE

242 Prospect St Oak View, CA 93022

Estimated Value: $978,000 - $1,170,000

3 Beds
2 Baths
1,551 Sq Ft
$670/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $975,000 $629 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,074/month

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Heating System
  • Wood Burning Stove
  • Attached Garage
  • Back and Front Yard Fenced

About This Home

As of March 2024

Welcome to a slice of paradise in Oak View! This distinctive 3-bedroom, 2-bath home welcomes you through a charming entry adorned with decorative RTK Tiles and tongue-and-groove vaulted ceilings throughout. A generous use of glass creates a seamless connection with the outdoors and clerestory windows bathe the dining room and master bedroom in natural lightwith a fireplace that adds warmth, light, and charm at night. The open-concept gourmet kitchen has a convenient and functional island surrounded by Italian tile floors. The living room, with recently refinished wood floors and wood-burning fireplace, provides an intimate warm space for entertaining guests. The spacious backyard is a gem, enhanced with drought-tolerant plants and succulent garden highlighted by sandstone pavers. Wander the custom-designed rockwork pathways and relax by the cozy fire pit, connected by a flagstone path leading to a bridge over the barranca. The gardens feature 65 native plant species, a prairie habitat, and verdant wildflowers that attract butterflies. Unwind on the back deck overlooking the gardens and creek. Enjoy a special outdoor dining experience on the delightful wood gazebo or escape to the separate artist's studio/office space. A 2,450 gallon gravity-fed H2O rain catchment system includes two 50-gallon drums for emergency potable water storage and sustainable backyard watering is another reason why this property is so unique. Don't miss the chance to make this eco-friendly oasis home

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 9,796 Sq Ft Lot
  • Back and Front Yard Fenced
  • Property is zoned R16

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,551 Sq Ft Home
  • Wood Burning Stove

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0610055655

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Fencing Wire Fence: Front, Rear
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Transaction Type: Sale
  • Type Of Garage: Attached Garage
  • Days On Market: No
  • Master Plan Zoning: R16
  • Property Style: Ranch
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Appliances: Gas, Range/Oven, Dishwasher, Garbage Disposer

Exterior Features

  • Exterior: Wood

Utilities

  • Heating: Forced Air, Woodburning Stove

Association/Amenities

  • Patio: Deck

Schools

  • Junior High Dist: Ventura

Lot Info

  • Irrigation Water Rights Acres: 0.2249
  • Lot Size Sq Ft: 9796.00

Tax Info

  • Assessor Parcel Number: 0610055655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Feb 26, 2024
Sold by
Erlandson Jon M and Erlandson Kristina Marie-Gill
Bought by
Jones Anthony and Jones Courtney
List Price
$950,000
Sold Price
$975,000
Premium/Discount to List
$25,000
2.63%
Views
46
Current Estimated Value
$1,038,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,705
Avg. Annual Appreciation
3.56%
Original Mortgage
$275,000
Outstanding Balance
$115,482
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$923,223

Purchase Details

Closed on
Nov 25, 2014
Sold by
Brasacchio Ralph A
Bought by
Erlandson Jon M and Erlandson Kristina Marie Gill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2011
Sold by
Brasacchio Ralph A
Bought by
Brasacchio Ralph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2010
Sold by
Brasacchio Ralph A
Bought by
Brasacchio Ralph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2008
Sold by
Brasacchio Ralph A
Bought by
Brasacchio Ralph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2008
Sold by
Clark Jeffrey M
Bought by
Brasacchio Ralph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2004
Sold by
Warren Kaly M
Bought by
Clark Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2002
Sold by
Ditton Michael and Ditton Rene L
Bought by
Warren Kaly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.85%

Purchase Details

Closed on
Nov 16, 1999
Sold by
James Kenton and James Lynn A
Bought by
Ditton Michael and Ditton Rene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,970
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1996
Sold by
Kenton James and Kenton Lynn A
Bought by
Kenton James and Kenton Lynn A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Anthony $975,000 Lawyers Title
Erlandson Jon M $535,000 Chicago Title Company
Brasacchio Ralph A -- First American Title Company
Brasacchio Ralph A -- First American Title Company
Brasacchio Ralph A -- First American Title Company
Brasacchio Ralph A -- Chicago Title Company
Brasacchio Ralph A -- Chicago Title Company
Brasacchio Ralph A -- Accommodation
Brasacchio Ralph A $580,500 Chicago Title Company
Clark Jeffrey M $585,000 Fidelity National Title Co
Warren Kaly M $405,000 Fidelity National Title Co
Ditton Michael $155,000 American Title Co
Kenton James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Anthony $275,000
Open Jones Anthony $600,000
Previous Owner Erlandson Jon M $385,000
Previous Owner Brasacchio Ralph A $308,000
Previous Owner Brasacchio Ralph A $308,000
Previous Owner Brasacchio Ralph A $308,000
Previous Owner Clark Jeffrey M $468,000
Previous Owner Warren Kaly M $210,000
Previous Owner Ditton Michael $153,970
Closed Clark Jeffrey M $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $975,000 +2.6% $629 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $950,000 -- $613 / Sq Ft
Source: Ojai Valley Board of REALTORS®

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 $7,777 $994,500 $646,680 $347,820
2024 $7,777 $630,374 $410,040 $220,334
2023 $7,660 $618,014 $402,000 $216,014
2022 $7,200 $605,897 $394,118 $211,779
2021 $7,068 $594,017 $386,390 $207,627
2020 $6,991 $587,928 $382,429 $205,499
2019 $6,860 $576,401 $374,931 $201,470
2018 $6,740 $565,100 $367,580 $197,520
2017 $6,613 $554,021 $360,373 $193,648
2016 $6,499 $543,158 $353,307 $189,851
2015 $6,423 $535,000 $348,000 $187,000
2014 -- $459,000 $276,000 $183,000
Source: Public Records

Map

Source: Ojai Valley Board of REALTORS®

MLS Number: 224011

APN: 061-0-055-655