NOT LISTED FOR SALE

338 Laurie Ln Santa Paula, CA 93060

Estimated Value: $594,000 - $905,000

4 Beds
2 Baths
1,854 Sq Ft
$409/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $650,000 $351 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,913/month

48 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Forced Air Heating System
  • Lawn
  • Bungalow
  • 2 Car Garage

About This Home

As of February 2021

Beautifully refurbished and updated duplex in Western Santa Paula. Each unit is a 2 bedroom, one bath.Both kitchens and both baths have been updated in the past two years. Unit 338 has hardwood floors, unit 336 has luxury vinyl planking floors. Each unit has its own back yard. Two garage spaces (one each unit) and two driveway spaces provide plenty of parking.Great tenants who want to stay!An easy walk to shopping, restaurants, transportation and park!This is a turn key property! Don't miss out!

Last Listed By

George King

RE/MAX Gold Coast REALTORS License #00817732 Listed on: 01/05/2021

RE/MAX Gold Coast REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,018

Year Built

  • Built in 1956

Lot Details

  • 6,700 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Bungalow
  • Additions or Alterations
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • 1-Story Property
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Tract Number 7
  • Assessor Parcel Number 1020202075

Community Details

Overview

  • 2 Units
  • Linda Tract 0534 Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $677
  • Professional Management Expense $4,260
  • Trash Expense $630
  • Water Sewer Expense $3,163
  • New Taxes Expense $7,527
  • Operating Expense $17,457
  • Net Operating Income $31,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,018

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 4260.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Linda Tract - 0534
  • View: No
  • Water Sewer Expenses: 3163.00
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1020202075
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: East
  • Foundation: Concrete Perimeter, Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 630.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 6700.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 677.00
  • Lot Size Area: 6700.0000 Square Feet
  • Net Operating Income: 31764.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 10836.00
  • Rent Control: No
  • Total Expenses: 17457.00

Tax Info

  • New Taxes Expense: 7527.00
  • Tax Tract Number: 7.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Jan 22, 2021
Sold by
Nelson Karen J and Nelson Family Trust
Bought by
Needham Steven L and Firebaugh Shawn D
Seller's Agent
George King
RE/MAX Gold Coast REALTORS
Buyer's Agent
Tracy Lu Guillen
Esquire Realty
List Price
$640,000
Sold Price
$650,000
Premium/Discount to List
$10,000
1.56%
Total Days on Market
48
Current Estimated Value
$758,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,547
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Nelson Victor B and Nelson Karen J
Bought by
Nelson Victor B and Nelson Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

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
Needham Steven L $650,000 First American Title Company
Nelson Victor B -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Karen J $280,800
Previous Owner Nelson Victor B $299,000
Previous Owner Nelson Victor B $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $650,000 +1.6% $351 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $640,000 0.0% $345 / Sq Ft
03/23/2019 03/23/19 Rented $1,800 0.0% --
03/23/2019 03/23/19 Under Contract -- -- --
03/06/2019 03/06/19 For Rent $1,800 +2.9% --
02/17/2018 02/17/18 Rented $1,750 0.0% --
02/17/2018 02/17/18 Under Contract -- -- --
02/06/2018 02/06/18 For Rent $1,750 -- --
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
2024 $8,018 $689,785 $477,544 $212,241
2023 $7,849 $676,260 $468,180 $208,080
2022 $7,623 $663,000 $459,000 $204,000
2021 $909 $72,187 $18,072 $54,115
2020 $905 $71,449 $17,888 $53,561
2019 $859 $70,049 $17,538 $52,511
2018 $849 $68,677 $17,195 $51,482
2017 $858 $67,331 $16,858 $50,473
2016 $810 $66,012 $16,528 $49,484
2015 $777 $65,023 $16,281 $48,742
2014 $788 $63,751 $15,963 $47,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-3232

Ventura County Regional Data Share

APN: 102-0-202-075