NOT LISTED FOR SALE

3422 Nyeland Ave Oxnard, CA 93036

Nyeland Acres Neighborhood

Estimated Value: $1,838,000 - $1,839,327

11 Beds
6 Baths
4,545 Sq Ft
$405/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $1,681,000 $370 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,712/month

73 Days on Market

Highlights

  • RV Access or Parking
  • Living Room
  • Storage
  • 1 Acre Lot
  • Laundry Room
  • Shed

About This Home

As of March 2022

What a great opportunity, 1 acre, Room to build more units or ?. Great income and room to increase. Several of the units have been updated. This is the best priced income property on the market.

Last Agent to Sell the Property

Bill Holling

RE/MAX Gold Coast REALTORS License #00643146 Listed on: 01/04/2022

RE/MAX Gold Coast REALTORS

Co-Listed By

David Remedios

RE/MAX Gold Coast REALTORS License #00902963

Last Buyer's Agent

Jazmin Luna

Lotus Group Real Estate License #02061044

Lotus Group Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 1 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Northwest Facing Home
  • Wood Fence
  • Fence is in average condition
  • No Sprinklers
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Composition Roof
  • Plaster

Interior Spaces

  • Window Screens
  • Living Room
  • Storage
  • Tile Flooring
  • Free-Standing Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Shed

Utilities

  • Wall Furnace
  • Standard Electricity
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1490072105

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Rancho De La Rosa 1 471401 Subdivision

Amenities

  • Service Entrance

Building Details

  • Electric Expense $1,212
  • Insurance Expense $3,100
  • Trash Expense $2,410
  • Water Sewer Expense $2,300
  • Operating Expense $35,890
  • Net Operating Income $67,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • View: No
  • Water Sewer Expenses: 2300.00
  • Zoning: RE- mixed use
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 1490072105
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Door Features: Service Entrance
  • Levels: One
  • Room Type: Living Room, Kitchen
  • Window Features: Screens

Exterior Features

  • Direction Faces: Northwest
  • Foundation: Slab
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Average Condition, Wood, Needs Repair
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: RV Access/Parking, Concrete
  • Total Parking Spaces: 15.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Free-Standing Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 2410.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Sprinklers None
  • Lot Size Sq Ft: 43538.00
  • Lot Size Acres: 0.9995

Multi Family

  • Electric Expense: 1212.00
  • Gross Scheduled Income: 120540.00
  • Insurance Expense: 3100.00
  • Lot Size Area: 43538.0000 Square Feet
  • Net Operating Income: 67800.00
  • Number Of Units Total: 8
  • Operating Expense: 52732.00
  • Rent Control: No
  • Total Expenses: 35890.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Mar 15, 2022
Sold by
Irene C Williams Revocable Living Trust
Bought by
Am Solution To Investment Llc
Seller's Agent
Bill Holling
RE/MAX Gold Coast REALTORS
Buyer's Agent
Jazmin Luna
Lotus Group Real Estate
List Price
$1,600,000
Sold Price
$1,681,000
Premium/Discount to List
$81,000
5.06%
Current Estimated Value
$1,838,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,664
Avg. Annual Appreciation
2.41%
Original Mortgage
$1,000,000
Outstanding Balance
$933,582
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$905,082

Purchase Details

Closed on
Apr 10, 2017
Sold by
Williams Irene C
Bought by
Williams Irene C

Purchase Details

Closed on
Nov 14, 2006
Sold by
Stahlnecker Goldie G and The Stahlnecker Community Prop
Bought by
Williams Irene and Chaparro Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Am Solution To Investment Llc $1,681,000 Chicago Title
Chaparro Matthew -- Chicago Title
Williams Irene C -- None Available
Williams Irene $815,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Am Solution To Investment Llc $1,000,000
Previous Owner Williams Irene $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $1,681,000 +5.1% $370 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $1,600,000 -- $352 / 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 $24,931 $1,783,645 $679,174 $1,104,471
2024 $24,931 $1,748,750 $665,856 $1,082,894
2023 $24,415 $1,714,540 $652,800 $1,061,740
2022 $18,085 $1,167,810 $883,753 $284,057
2021 $17,938 $1,144,912 $866,424 $278,488
2020 $17,662 $1,133,175 $857,541 $275,634
2019 $17,195 $1,110,957 $840,727 $270,230
2018 $16,636 $1,089,175 $824,243 $264,932
2017 $15,877 $1,067,820 $808,082 $259,738
2016 $15,241 $1,046,884 $792,238 $254,646
2015 $13,424 $910,000 $680,000 $230,000
2014 $12,909 $880,000 $230,000 $650,000
Source: Public Records

Agents Affiliated with this Home

  • Bill Holling

    Seller's Agent in 2022

    Bill Holling

    RE/MAX

    (805) 901-8852

    1 in this area

    37 Total Sales

    Bill Holling
    Section Image
  • David Remedios

    Seller Co-Listing Agent in 2022

    David Remedios

    RE/MAX

    (805) 340-0922

    1 in this area

    159 Total Sales

    David Remedios
    Section Image

  • J

    Buyer's Agent in 2022

    Jazmin Luna

    Lotus Group Real Estate

    (805) 844-4706

    1 in this area

    19 Total Sales

    Jazmin Luna
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-10031

Ventura County Regional Data Share

APN: 149-0-072-105

California Ventura County Oxnard 93036 Nyeland Acres

3422 Nyeland Ave, Oxnard, CA

Not Listed for Sale

MultiFamily

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