NOT LISTED FOR SALE

2426 Palomar Ave Ventura, CA 93001

Midtown Neighborhood

Estimated Value: $2,153,000 - $2,538,000

8 Beds
6 Baths
6,216 Sq Ft
$366/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $1,303,000 $210 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $13,209/month

197 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • Dual Staircase
  • Loma Vista Elementary School Rated A-
  • Custom Home
  • Private Yard

About This Home

As of April 2020

Large 6,000+ sq ft, hillside home with unobstructed ocean and island views. Two APN numbers. Oversized lot so bring your imagination as this is the best price per sq ft home in Ventura. Possibility of 4+3 with a 3+3 guest quarters, a large home, and has many opportunities. Upgraded electrical, upgraded plumbing and 120 paid solar panels.

Last Agent to Sell the Property

Larry Krogh

LIV Sotheby's International License #01305510 Listed on: 08/20/2019

Last Buyer's Agent

Kirk Ellison

LIV Sothebys Ojai License #01884301

LIV Sothebys Ojai

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,414

Year Built

  • Built in 1941

Lot Details

  • 10,001 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Private Yard
  • Back Yard
  • Property is zoned R1-7

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Guest Parking
  • RV Access or Parking

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Custom Home
  • Additions or Alterations

Interior Spaces

  • 6,216 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Skylights
  • Wood Burning Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Fire and Smoke Detector
  • Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 0740061025

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,414

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Ventura Heights - 1002172
  • View: Yes
  • Zoning: R1-7
  • Architectural Style: Custom Built
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0740061025
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6216.00
  • Interior Amenities: 2 Staircases, Storage, Balcony
  • Stories: 2
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Wood Burning, Living Room
  • Levels: Two
  • Price Per Square Foot: 209.62
  • Room Type: Basement, Living Room, Walk-In Closet
  • Window Features: Skylight(s)

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: City Lights, Coastline, Hills, Ocean, Panoramic, Water
  • Patio And Porch Features: Covered, Porch, Front Porch, Rear Porch

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Guest, RV Access/Parking, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Solar Hot Water
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Irregular Lot, Paved, Yard
  • Lot Size Sq Ft: 10001.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10001.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Mar 31, 2020
Sold by
Luscombe Kelly A
Bought by
Bea Peter C
Seller's Agent
Larry Krogh
LIV Sotheby's International
Buyer's Agent
Kirk Ellison
LIV Sothebys Ojai
List Price
$1,995,000
Sold Price
$1,303,000
Premium/Discount to List
-$692,000
-34.69%
Current Estimated Value
$2,278,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$975,123
Avg. Annual Appreciation
10.55%
Original Mortgage
$525,000
Outstanding Balance
$465,086
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,813,037

Purchase Details

Listed on
Aug 20, 2019
Closed on
Mar 12, 2020
Sold by
Garcia Muriel Ann and The Muriel Ann Garcia Living T
Bought by
Bea Peter C and Peter C Beat Trust
Seller's Agent
Larry Krogh
LIV Sotheby's International
Buyer's Agent
Kirk Ellison
LIV Sothebys Ojai
List Price
$1,995,000
Sold Price
$1,303,000
Premium/Discount to List
-$692,000
-34.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$465,086
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,813,037

Purchase Details

Closed on
May 2, 2012
Sold by
Garcia Muriel Ann
Bought by
Garcia Muriel Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.73%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 29, 2001
Sold by
Garcia Muriel Ann and Stevlingson Muriel A
Bought by
Garcia Muriel Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.72%
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
Bea Peter C -- Lawyers Title Company
Bea Peter C $1,303,000 Lawyers Title Company
Garcia Muriel Ann -- Ticor Title San Diego
Garcia Muriel Ann -- Accommodation
Garcia Muriel Ann -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bea Peter C $525,000
Previous Owner Garcia Muriel Ann $938,250
Previous Owner Garcia Muriel Ann $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $1,303,000 -34.7% $210 / Sq Ft
08/20/2019 08/20/19 For Sale $1,995,000 -- $321 / 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 $15,414 $1,425,017 $926,317 $498,700
2024 $15,414 $1,397,076 $908,154 $488,922
2023 $15,228 $1,369,683 $890,347 $479,336
2022 $14,177 $1,342,827 $872,889 $469,938
2021 $13,905 $1,316,498 $855,774 $460,724
2020 $2,920 $267,656 $24,613 $243,043
2019 $2,868 $262,409 $24,131 $238,278
2018 $2,821 $257,264 $23,658 $233,606
2017 $2,764 $252,221 $23,195 $229,026
2016 $2,711 $247,277 $22,741 $224,536
2015 $2,683 $243,564 $22,400 $221,164
2014 $2,640 $238,795 $21,962 $216,833
Source: Public Records

Agents Affiliated with this Home

  • Larry Krogh

    Seller's Agent in 2020

    Larry Krogh

    LIV Sotheby's International

    (805) 312-0512

    11 in this area

    134 Total Sales

    Larry Krogh
    Section Image
  • Kirk Ellison

    Buyer's Agent in 2020

    Kirk Ellison

    LIV Sothebys Ojai

    (805) 340-5905

    9 Total Sales

    Kirk Ellison
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-219010441

Ventura County Regional Data Share

APN: 074-0-061-025

California Ventura County Ventura 93001 Midtown

2426 Palomar Ave, Ventura, CA

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