NOT LISTED FOR SALE

Estimated Value: $677,000 - $768,000

-- Bed
-- Bath
1,462 Sq Ft
$489/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $465,000 $318 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,282/month

18 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Two Homes on a Lot
  • Heating System Uses Natural Gas
  • Contemporary Architecture
  • Laundry Room
  • 3-minute walk to W. Lathrop Memorial Park

About This Home

As of May 2018

This duplex offers two bedrooms and one bathroom each unit. Property is located near schools and parks. Perfect for first time investors. Live on one and rent the other.

Last Agent to Sell the Property

Robert Moita

RE/MAX Preferred License #01263683 Listed on: 03/02/2018

RE/MAX Preferred

Last Buyer's Agent

Jesse Reyes

Re/Max Top Producers License #01507176

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,000 Sq Ft Lot
  • Land Lease of $1,600

Home Design

  • Contemporary Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Two Garage Doors

Additional Features

  • All Bedrooms Down
  • Two Homes on a Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 2040112040

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: R2
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 2040112040
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: No
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Roof: Composition, Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Garage - Two Door

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Land Lease Amount: 1600.00
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 27, 2018
Sold by
Ortega Alvarez Alma Delia
Bought by
Lopez Marvin R
Seller's Agent
Robert Moita
RE/MAX Preferred
Buyer's Agent
Jesse Reyes
Re/Max Top Producers
List Price
$549,900
Sold Price
$465,000
Premium/Discount to List
-$84,900
-15.44%
Current Estimated Value
$715,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,017
Avg. Annual Appreciation
5.77%
Original Mortgage
$337,500
Outstanding Balance
$290,866
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$424,151

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 3, 2018
Sold by
Kaur Darshan and Singh Pawandeep
Bought by
Lopez Marvin
Seller's Agent
Robert Moita
RE/MAX Preferred
Buyer's Agent
Jesse Reyes
Re/Max Top Producers
List Price
$549,900
Sold Price
$465,000
Premium/Discount to List
-$84,900
-15.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$290,866
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$424,151

Purchase Details

Closed on
Jun 8, 2012
Sold by
Kaur Harpreet
Bought by
Singh Pawandeep

Purchase Details

Closed on
Feb 19, 2012
Sold by
Tritay Property Investments Llc
Bought by
Kaur Darshan and Singh Pawandeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2011
Sold by
Vega Rogelio
Bought by
Tritay Property Investments Llc

Purchase Details

Closed on
Mar 16, 2009
Sold by
Vega Rogelio
Bought by
Vega Patricia

Purchase Details

Closed on
May 23, 2008
Sold by
Vega Rogelio
Bought by
Vega Rogelio and Vega Patricia

Purchase Details

Closed on
Jun 27, 2002
Sold by
Vega Patricia
Bought by
Vega Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.75%

Purchase Details

Closed on
Jun 10, 2002
Sold by
Welsh Edward M
Bought by
Vega Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.75%

Purchase Details

Closed on
Apr 4, 2002
Sold by
Welsh Lucinda M
Bought by
Welsh Edward M

Purchase Details

Closed on
Dec 17, 2001
Sold by
Welsh Lucinda
Bought by
Welsh Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.62%

Purchase Details

Closed on
Nov 8, 2001
Sold by
Parizo E Thomas and Parizo Robert H
Bought by
Welsh Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Marvin R -- Lawyers Title
Lopez Marvin $465,000 Lawyers Title
Singh Pawandeep -- Lawyers Title
Kaur Darshan $285,000 Lawyers Title
Tritay Property Investments Llc $212,500 None Available
Vega Patricia -- None Available
Vega Rogelio -- None Available
Vega Rogelio -- Stewart Title Company
Vega Rogelio $305,000 Stewart Title Company
Welsh Edward M -- Stewart Title Company
Welsh Edward M -- Chicago Title Co
Welsh Edward M $163,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Marvin R $337,500
Previous Owner Kaur Darshan $213,750
Previous Owner Vega Rogelio $244,000
Previous Owner Welsh Edward M $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $465,000 -15.4% $318 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $549,900 -- $376 / 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 $6,430 $529,086 $318,590 $210,496
2024 $6,430 $518,712 $312,343 $206,369
2023 $6,196 $508,542 $306,219 $202,323
2022 $6,009 $498,571 $300,215 $198,356
2021 $5,962 $488,796 $294,329 $194,467
2020 $6,072 $483,786 $291,312 $192,474
2019 $5,901 $474,300 $285,600 $188,700
2018 $3,954 $314,607 $187,661 $126,946
2017 $3,754 $308,439 $183,982 $124,457
2016 $3,623 $302,392 $180,375 $122,017
2015 $3,661 $297,851 $177,666 $120,185
2014 $3,622 $292,019 $174,187 $117,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-218002482

Ventura County Regional Data Share

APN: 204-0-112-040