NOT LISTED FOR SALE

323 N Olive St Ventura, CA 93001

Westside Neighborhood

Estimated Value: $882,000 - $1,104,151

-- Bed
-- Bath
1,310 Sq Ft
$749/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $428,000 $327 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,802/month

6 Days on Market

About This Home

As of January 2014

Well maintained, charming 3plex in w. Ventura near downtown. On large lot, existing R3-5 zoning holds potential to add unit(s). 2-story 3plex plus a detached storage building. (2) 1 bed, 1 bath + studio. With palm trees at entrance to property, a community garden in rear and updated interiors these units will always appeal to tenants. Newer paint, new slurry on driveway, refinished wood floors.

Last Agent to Sell the Property

Nick Henry

The Channel Group Listed on: 11/14/2013

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,663

Year Built

  • Built in 1926

Lot Details

  • 6,970

Parking

  • Uncovered Parking

Additional Features

  • Property is in good condition
  • Individual Gas Meter

Community Details

  • 3 Units
  • Gross Income $34,500

Listing and Financial Details

  • Assessor Parcel Number 071-0-132-160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,663

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1926
  • Income Expenses Annual Income: 34500.0
  • Gross Rent Multiplier: 13.48
  • Monthly Income: 2875.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1926
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Parking Info Uncovered: Yes
  • Condition Good2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Uncovered

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 071-0-132-160
  • Zoning: Other

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34500.0
  • Total Actual Rent: 2875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Romero Gilbert and Romero Sandra
Bought by
Through The Pages Trust
Current Estimated Value
$981,538

Purchase Details

Closed on
Sep 18, 2018
Sold by
Warstream Exchange Company Llc
Bought by
Romero Gilbert and Romero Sandra

Purchase Details

Closed on
Sep 5, 2018
Sold by
Oberto Thomas C
Bought by
Warstream Exchange Company Llc

Purchase Details

Closed on
Nov 21, 2014
Sold by
Oberto Thomas C and Oberto Nancy A
Bought by
Thomas C Oberto & Nancy A Oberto Family

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jan 14, 2014
Sold by
Oberto Thomas
Bought by
Oberto Thomas and Oberto Nancy
Seller's Agent
Nick Henry
The Channel Group
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$465,000
Sold Price
$428,000
Premium/Discount to List
-$37,000
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$307,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jan 8, 2014
Sold by
Oberto Thomas and Oberto Nancy
Bought by
Oberto Thomas C and Oberto Nancy A
Seller's Agent
Nick Henry
The Channel Group
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$465,000
Sold Price
$428,000
Premium/Discount to List
-$37,000
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jan 2, 2014
Sold by
Oberto Nancy A
Bought by
Oberto Thomas
Seller's Agent
Nick Henry
The Channel Group
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$465,000
Sold Price
$428,000
Premium/Discount to List
-$37,000
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2013
Closed on
Dec 24, 2013
Sold by
Radis Patrick and Radis Maire
Bought by
Oberto Thomas
Seller's Agent
Nick Henry
The Channel Group
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$465,000
Sold Price
$428,000
Premium/Discount to List
-$37,000
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2008
Sold by
Deleon Clemente and De Leon Maria
Bought by
Radis Patrick and Radis Maire

Purchase Details

Closed on
Oct 6, 2006
Sold by
Deleon Ricardo
Bought by
Deleon Clemente and Deleon Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 20, 2004
Sold by
Deleon Clemente and Deleon Maria
Bought by
Deleon Clemente and Deleon Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Mcinerney Rose
Bought by
Deleon Clemente and Deleon Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2004
Sold by
Wardien Kenneth
Bought by
Mcinerney Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,920
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1996
Sold by
Ananias Thoma
Bought by
Ananias Thoma and Gutierrez Raymond
Source: Public Records

Range of Values:

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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
Through The Pages Trust -- --
Romero Gilbert $633,000 Lawyers Title Co
Warstream Exchange Company Llc -- None Available
Thomas C Oberto & Nancy A Oberto Family -- Fidelity National Title
Oberto Thomas C -- Fidelity National Title
Oberto Thomas -- First American Title Company
Oberto Thomas C -- First American Title
Oberto Thomas -- First American Title Company
Oberto Thomas $428,000 First American Title Company
Radis Patrick $258,868 None Available
Deleon Clemente $193,500 Chicago Title Company
Deleon Clemente -- Lawyers Title Company
Deleon Clemente $629,000 Lawyers Title Company
Mcinerney Rose $460,000 Lawyers Title Company
Ananias Thoma $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oberto Thomas C $310,000
Previous Owner Oberto Thomas $307,500
Previous Owner Deleon Clemente $540,000
Previous Owner Deleon Clemente $503,200
Previous Owner Mcinerney Rose $367,920
Closed Deleon Clemente $62,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2014 01/17/14 Sold $428,000 -8.0% $327 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $465,000 -- $355 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $7,663 $706,120 $591,225 $114,895
2024 $7,663 $692,275 $579,632 $112,643
2023 $7,571 $678,701 $568,266 $110,435
2022 $7,050 $665,394 $557,124 $108,270
2021 $6,915 $652,348 $546,200 $106,148
2020 $6,850 $645,660 $540,600 $105,060
2019 $6,723 $633,000 $530,000 $103,000
2018 $4,945 $461,108 $350,142 $110,966
2017 $4,842 $452,068 $343,277 $108,791
2016 $4,748 $443,205 $336,547 $106,658
2015 $4,698 $436,550 $331,493 $105,057
2014 -- $393,932 $288,884 $105,048
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nick Henry

    The Channel Group

  • N

    Buyer's Agent in 2014

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3587

Santa Barbara Multiple Listing Service

APN: 071-0-132-160

California Ventura County Ventura 93001 Westside

323 N Olive St, Ventura, CA

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