NOT LISTED FOR SALE

301 E Santa Paula St Santa Paula, CA 93060

Estimated Value: $718,051 - $813,000

3 Beds
2 Baths
1,170 Sq Ft
$650/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $579,000 $495 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,749/month

22 Days on Market

Highlights

  • Victorian Architecture
  • Laundry Room
  • Chain Link Fence
  • Lawn
  • South Facing Home
  • Level Lot

About This Home

As of November 2021

WANT TO RESTORE A 1890 VICTORIAN HOME THAT IS BEING OFFERED AT AN AFFORDABLE PRICE ? ? This work of art has been divided into 2 rentals; 301 & 301-1/2 E. SP St. 301 is rented as a 2 Bdrm. 1 bath and 301-1/2 is rented as a 1 Bdrm. 1 bath. Situated on a 12,600 Sq. Ft. lot (over 1/4 acre) this 1,170 Sq. Ft. home has TONS OF POTENTIAL. Located near the area of Santa Paula housing with 'Historical' designations, this home is absolutely a diamond in the rough! Long term tenants would like to remain should you opt to purchase as income property, however, the possibilities are nearly endless with this property. The style, location and the fact that there is an income and all being offered at an affordable price should appeal to many different types of prospective purchasers.There is also exterior laundry and a over-sized garage/barn building behind the home. Take a look and decide for yourself the best use of this unique home!

Last Agent to Sell the Property

Judy Ohaco

Century 21 Masters License #00512678 Listed on: 09/06/2021

Century 21 Masters

Last Buyer's Agent

Peggy Sue Tierney

RE/MAX Gold Coast REALTORS License #00868814

RE/MAX Gold Coast REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • South Facing Home
  • Chain Link Fence
  • Level Lot
  • No Sprinklers
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,170 Sq Ft Home
  • Duplex
  • Victorian Architecture
  • Raised Foundation
  • Asbestos Shingle Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Heating
  • Natural Gas Connected
  • Sewer Assessments
  • Cable TV Available

Additional Features

  • Gas Range
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Tract Number 8
  • Assessor Parcel Number 1000140445

Community Details

Overview

  • 2 Units
  • Santa Paula: Other 0051 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $813
  • Trash Expense $1,298
  • Water Sewer Expense $3,950
  • Operating Expense $6,448
  • Gross Income $28,380
  • Net Operating Income $21,932

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Stove in 301-1/2 ONLY
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Santa Paula: Other - 0051
  • View: No
  • Water Sewer Expenses: 3950.00
  • Architectural Style: Victorian
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 1000140445
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 494.87

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Laundry Features: Outside
  • Sewer: Sewer Assessments, Public Sewer
  • Trash Expense: 1298.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Sprinklers None, Level, Lawn
  • Lot Size: 12,600
  • Lot Size Sq Ft: 12600.00
  • Lot Size Acres: 0.2893

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 28380.00
  • Gross Scheduled Income: 28380.00
  • Insurance Expense: 813.00
  • Lot Size Area: 12600.0000 Square Feet
  • Net Operating Income: 21932.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6448.00
  • Other Expense Description: Exp. do not include Ins. Taxes, Mgmt. Fee, Reserve
  • Rent Control: No
  • Total Expenses: 6448.00

Tax Info

  • Tax Tract Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 8, 2021
Sold by
Colvard Stephen Randall and The Colvard Family Survivors T
Bought by
Sarabia Alizzabeth Suzzette and Sarabia Jose Jaime
Seller's Agent
Judy Ohaco
Century 21 Masters
Buyer's Agent
Peggy Sue Tierney
RE/MAX Gold Coast REALTORS
List Price
$579,000
Sold Price
$579,000
Current Estimated Value
$760,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,513
Avg. Annual Appreciation
7.15%
Original Mortgage
$492,150
Outstanding Balance
$450,150
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$310,363

Purchase Details

Closed on
Aug 10, 2021
Sold by
Genelle Colvard Margaret
Bought by
Colvard Family 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
$492,150
Outstanding Balance
$450,150
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$310,363

Purchase Details

Closed on
Sep 7, 2017
Sold by
Colvard Margaret Genelle and The Colvard Family Revocable T
Bought by
Colvard Margaret Genelle and Colvard Stephen Randall

Purchase Details

Closed on
May 22, 2008
Sold by
Colvard Buddy Ray and Colvard Margaret Genelle
Bought by
Colvard Buddy Ray and Colvard Margaret Genelle

Purchase Details

Closed on
Jun 12, 2007
Sold by
Colvard Buddy Ray and Colvard Margaret Genelle
Bought by
Colvard Buddy Ray and Colvard Margaret

Purchase Details

Closed on
Apr 8, 1999
Sold by
Colvard Family Trust and Ray Buddy
Bought by
Colvard Buddy Ray and Colvard Margaret Genelle

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
6.98%
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
Sarabia Alizzabeth Suzzette $579,000 Lawyers Title Vn
Colvard Family Revocable Trust -- --
Colvard Margaret Genelle -- None Available
Colvard Buddy Ray -- None Available
Colvard Buddy Ray -- None Available
Colvard Buddy Ray -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarabia Alizzabeth Suzzette $492,150
Previous Owner Colvard Buddy Ray $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $579,000 0.0% $495 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $579,000 0.0% $495 / Sq Ft
09/09/2021 09/09/21 Off Market $579,000 -- --
09/06/2021 09/06/21 For Sale $579,000 -- $495 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-8239

Ventura County Regional Data Share

APN: 100-0-140-445