NOT LISTED FOR SALE

Estimated Value: $5,329,000 - $6,648,000

4 Beds
5 Baths
5,281 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $3,800,000 $720 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $35,646/month

13 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Wood Flooring
  • Mar Vista Elementary Rated A
  • City View
  • Spanish Architecture

About This Home

As of June 2019

Feel like you're at the Ojai Valley Inn right here in the city. This Spanish style compound has authentic & handcrafted details throughout. The main house is three levels with the first floor affording impressive city & mountain views. The formal living room greets you on entry and its custom fireplace opens on two sides exposing a large and comfortable space. The open kitchen has an oversized center island, custom cabinetry & Viking stainless steel appliances. The resort style backyard, pool & vistas can be enjoyed all day while cooking for friends & family. The lush outdoor living area is an entertainer's dream featuring a swimming pool, Jacuzzi, built-in barbecue, and a rooftop deck complete with an outdoor bar, dining areas, two putting greens & a fire pit area. This master bathroom was designed for pampering. Two other spacious bedrooms share this floor & a large Jack and Jill bathroom. Over 5,000 sq ft of living space on a 10,505 sq ft lot makes this trophy property a must see.

Last Agent to Sell the Property

Jose Noel

KW Advisors License #01722286 Listed on: 04/25/2019

KW Advisors

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,514

Year Built

  • Built in 1947

Lot Details

  • 10,505 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Carport

Property Views

  • City
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 5,281 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Game Room with Fireplace
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4248-022-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,514

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 5281
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Game Room, Gas, Gas and Wood, Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 757.43

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: City, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating: Central, Fireplace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4248-022-040
  • Geocode Override: No
  • Lot Size Area: 10505

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
Kavounas Edmond J and Kavounas Chung H
Bought by
Edmond James Kavounas And Chung Hae Han Livin
Current Estimated Value
$5,923,553

Purchase Details

Listed on
Apr 25, 2019
Closed on
May 15, 2019
Sold by
Johnston Ernest N and Johnston Margaret T
Bought by
Kavounas Edmond J and Han Chung H
Seller's Agent
Jose Noel
KW Advisors
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,999,999
Sold Price
$3,800,000
Premium/Discount to List
-$199,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$2,000,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2000
Sold by
Aljian Mark D
Bought by
Johnston Ernest N and Johnston Margaret T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.12%

Purchase Details

Closed on
Jan 27, 1997
Sold by
Victor U Rasson Trust and Judith A
Bought by
Aljian Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
7.2%
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
Edmond James Kavounas And Chung Hae Han Livin -- Law Office Of Jonas M Grant Ap
Kavounas Edmond J $3,800,000 Priority Title
Johnston Ernest N $585,000 First American Title Co
Aljian Mark D -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kavounas Edmond J $2,000,000
Previous Owner Johnston Ernest N $468,000
Previous Owner Aljian Mark D $251,200
Closed Aljian Mark D $31,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2019 06/11/19 Sold $3,800,000 -5.0% $720 / Sq Ft
04/25/2019 04/25/19 For Sale $3,999,999 -- $757 / Sq Ft
Source: The MLS

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 $50,514 $4,238,967 $2,435,733 $1,803,234
2024 $50,514 $4,155,851 $2,387,974 $1,767,877
2023 $49,528 $4,074,364 $2,341,151 $1,733,213
2022 $47,211 $3,994,476 $2,295,247 $1,699,229
2021 $46,635 $3,916,154 $2,250,243 $1,665,911
2019 $23,555 $1,830,563 $717,274 $1,113,289
2018 $21,872 $1,794,670 $703,210 $1,091,460
2016 $20,888 $1,724,982 $675,904 $1,049,078
2015 $20,581 $1,699,072 $665,752 $1,033,320
2014 $20,643 $1,665,790 $652,711 $1,013,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-458178

The MLS

APN: 4248-022-040