NOT LISTED FOR SALE

Estimated Value: $1,729,000 - $4,147,421

5 Beds
4.5 Baths
2,400 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $1,575,000 $656 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $17,878/month

49 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Heated Spa
  • Wood Flooring
  • Patio

About This Home

As of August 2012

Originally built in 1947, these two cottages have been remodeled, updated and expanded and sit on a fabulous 50 x 130 (approx) foot ocean front lot with a monster sea wall and private steps to 6 miles of beach. The street side cottage features 2 bedrooms, 1.5 baths with Satillo paver and Travertine tile flooring. Galley kitchen boast a beautiful hand pounded copper sink, Fisher Paykel dish washer, Delonghi oven, Alder ceilings, crown molding and plantation shutters. It has its own private front yard and rents for $1450/mo. The bigger 2-story bluff-top home features 3 bedrooms and 3 bathrooms. The kitchen has been recently remodeled with new custom cabinetry, Custom concrete & Poplar wood floors, rock fireplace, plantation shutters and newly remodeled bathroom. Enjoy a large, grassy area, bluff top deck or terraced bluff with private patios that include a soaking tub. Both homes have indoor laundry and separate gas and electric meters. Excellent investment & development opportunity Lot Description: 50 x 130 approx

Last Agent to Sell the Property

Trudy Sidener

BHGRE HAVEN PROPERTIES License #00868774 Listed on: 05/21/2012

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,938

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot
  • Ocean Front
  • Level Lot
  • Property is zoned SM,R

Property Views

  • Ocean
  • Panoramic
  • Rock

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Heated Spa
  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Wall Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 064255010

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,938

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Subdivision Name Other: Ojai
  • View: Yes
  • Zoning: SM,R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 064255010
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Living Area: 2400.00
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Levels: Two
  • Price Per Square Foot: 656.25
  • Spa Features: Heated

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Ocean, Panoramic, Rocks
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Jul 18, 2012
Sold by
Belmonte Robert
Bought by
Paradise & Third Llc
Seller's Agent
Trudy Sidener
BHGRE HAVEN PROPERTIES
List Price
$1,699,000
Sold Price
$1,575,000
Premium/Discount to List
-$124,000
-7.3%
Current Estimated Value
$2,922,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,347,140
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Belmonte Kathy
Bought by
Belmonte Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Paradise & Third Llc $1,575,000 Fidelity National Title Co
Belmonte Robert -- Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belmonte Robert $900,000
Previous Owner Belmonte Robert $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $1,575,000 -4.5% $656 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
06/26/2012 06/26/12 Price Changed $1,650,000 -2.9% $688 / Sq Ft
05/21/2012 05/21/12 For Sale $1,699,000 -- $708 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $19,938 $1,901,462 $1,629,829 $271,633
2023 $19,938 $1,864,179 $1,597,872 $266,307
2022 $19,603 $1,827,628 $1,566,542 $261,086
2021 $19,331 $1,791,793 $1,535,826 $255,967
2020 $19,126 $1,773,421 $1,520,078 $253,343
2019 $18,751 $1,738,649 $1,490,273 $248,376
2018 $18,382 $1,704,558 $1,461,052 $243,506
2017 $18,018 $1,671,136 $1,432,404 $238,732
2016 $17,663 $1,638,369 $1,404,318 $234,051
2015 $17,512 $1,613,760 $1,383,224 $230,536
2014 $16,894 $1,582,150 $1,356,129 $226,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC186703

California Regional Multiple Listing Service (CRMLS)

APN: 064-255-010