NOT LISTED FOR SALE

3525 Orange Dr Oxnard, CA 93036

Nyeland Acres Neighborhood

Estimated Value: $586,000 - $828,647

4 Beds
2 Baths
1,684 Sq Ft
$437/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $370,000 $220 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,530/month

5 Days on Market

Highlights

  • Tile Flooring
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of July 2017

Great investment opportunity, you will have a hard time finding another property with a 5.04 Cap Rate!(30% towards expenses) With some improvements and raising the rents to market value, the property could easily produce a 6+ Cap Rate. Don't miss this great opportunity to own an investment property.

Last Agent to Sell the Property

David Covarrubias

COVA Realty License #01248626 Listed on: 06/21/2017

Last Buyer's Agent

Ella Shemesh

Keller Williams Realty Calabasas License #01870988

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • No Common Walls

Home Design

  • Fixer Upper
  • Frame Construction
  • Common Roof
  • Stucco

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1490061155

Community Details

Overview

  • 2 Units
  • Nyeland Acres 0395 Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Nyeland Acres - 0395
  • View: No
  • Zoning: RE
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 1490061155
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Laminate
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Frame, Stucco

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size: flag
  • Lot Size Sq Ft: 11001.00
  • Lot Size Acres: 0.2525

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 11001.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 25200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2018
Sold by
Gelbart Ni
Bought by
Avnir Llc
Current Estimated Value
$736,162

Purchase Details

Closed on
Dec 19, 2017
Sold by
Gerlbart Nir and Gerlbart Limor
Bought by
Gerlbart Nir

Purchase Details

Closed on
Oct 17, 2017
Sold by
Borenstein Limor
Bought by
Gerlbart Nir

Purchase Details

Listed on
Jun 21, 2017
Closed on
Sep 5, 2017
Sold by
Avnir Llc
Bought by
Gelbart Nir and Gelbart Limor Borenstein
Seller's Agent
David Covarrubias
COVA Realty
Buyer's Agent
Ella Shemesh
Keller Williams Realty Calabasas
List Price
$350,000
Sold Price
$370,000
Premium/Discount to List
$20,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jun 27, 2017
Sold by
Greenwood John K
Bought by
Avnir Llc
Seller's Agent
David Covarrubias
COVA Realty
Buyer's Agent
Ella Shemesh
Keller Williams Realty Calabasas
List Price
$350,000
Sold Price
$370,000
Premium/Discount to List
$20,000
5.71%
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
Avnir Llc -- None Available
Gerlbart Nir -- Stewart Title
Gerlbart Nir -- Stewart Title Co
Gelbart Nir -- Accommodation
Avnir Llc $370,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $370,000 +5.7% $220 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $350,000 -- $208 / 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 $8,078 $606,629 $273,075 $333,554
2024 $8,078 $594,735 $267,721 $327,014
2023 $7,922 $583,074 $262,472 $320,602
2022 $7,821 $571,642 $257,326 $314,316
2021 $7,748 $560,434 $252,281 $308,153
2020 $5,695 $384,948 $249,696 $135,252
2019 $5,546 $377,400 $244,800 $132,600
2018 $5,369 $370,000 $240,000 $130,000
2017 $3,853 $247,359 $74,200 $173,159
2016 $3,698 $242,510 $72,746 $169,764
2015 $3,509 $238,869 $71,654 $167,215
2014 $3,408 $234,192 $70,251 $163,941
Source: Public Records

Agents Affiliated with this Home

  • David Covarrubias

    Seller's Agent in 2017

    David Covarrubias

    COVA Realty

    (805) 827-0652

    22 Total Sales

    David Covarrubias
    Section Image

  • E

    Buyer's Agent in 2017

    Ella Shemesh

    Keller Williams Realty Calabasas

    (818) 444-8300

    7 Total Sales

    Ella Shemesh
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-217007552

Ventura County Regional Data Share

APN: 149-0-061-155

California Ventura County Oxnard 93036 Nyeland Acres

3525 Orange Dr, Oxnard, CA

Not Listed for Sale

MultiFamily

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