NOT LISTED FOR SALE

405 Palomar Rd Ojai, CA 93023

Estimated Value: $2,052,000 - $2,681,000

3 Beds
3 Baths
2,582 Sq Ft
$867/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $2,025,000 $784 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,428/month

53 Days on Market

Highlights

  • 0.63 Acre Lot
  • Plantation Shutters
  • Restaurant
  • Property is near public transit
  • Tankless Water Heater
  • Central Air

About This Home

As of November 2022

Custom European architecture meets stunning modern design. Located in Ojai's prestige Arbolada neighborhood. Sitting among old oak woods atop three-quarters of an acre sits this beautifully landscaped private lot. The home and grounds include many features including vaulted ceilings and custom wood shutters throughout. The living room with a 16 foot high ceiling, dining room having a full-glass atrium ceiling and electric-controlled sunshade, and bedrooms both featuring vaulted retractable sunscreen skylights. Both bathrooms feature designer tiled walls, a custom-tiled fireplace, and an amazing wet bar (with wine cooler) area. The third bedroom features remote access, its own full kitchen and bathroom along with a walk-in pantry having ADU status. The main kitchen includes newly added appliances as well as a custom 3x5 ft stained glass hanging. A new house-wide salt-free low-maintenance water purification system, leased solar panels, 220 EV charging station, and a newly constructed septic system! The grounds include multiple enclaves including a new hot tub on its own private patio, gas fire pit sitting area with sunscreens, shaded deck, a shaded bamboo forest retreat, and a patio initially built as a tango dance floor! The grounds provide multiple fenced zones for pet control, an efficient drip irrigation system, and extensive landscape and overhead lighting along with two water fountains, multiple species of fruit trees, and in ground and potted flowers galore! As a bonus, a finished, remote-access upstairs comprising nearly 500 sqft of bonus area which can serve as either an office or additional guess room, as it has its own full bathroom. Four full bathrooms in total! This additional area boasts extensive added storage. In short, this custom designed gem has it all!

Last Agent to Sell the Property

Larry Krogh

LIV Sotheby's International Realty License #01305510 Listed on: 09/09/2022

Last Buyer's Agent

Larry Krogh

Assist-U-Sell Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,247

Year Built

  • Built in 1987

Lot Details

  • 0.63 Acre Lot
  • Rural Setting

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2,582 Sq Ft Home
  • Plantation Shutters
  • Living Room with Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Tankless Water Heater
  • Septic System

Community Details

  • 2 Units
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 020-0-090-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,247

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1987
  • ResoWindowFeatures: Plantation Shutters
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Rural, Near Public Transit
  • Architectural Style: Other
  • Carport Y N: Yes
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.63
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • Proximity Near School(s)2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Proximity Near Bus: Yes
  • WaterSewer Septic In: Yes
  • Proximity Near Hospital2: Yes
  • LocationTopo Rural2: Yes
  • FlrWdw Coverings Plantation Shutters: Yes
  • ParkingGarage Cpt #22: Yes
  • ParkingGarage Total # Carport Spaces: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco
  • Acres: 0.63
  • Topography: Rural

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 020-0-090-170
  • Zoning: R-1
  • Lot Size Sq Ft: 27442.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 2, 2022
Sold by
Gary L Wygal Trust
Bought by
Walter S Lees And Molly Anne Kaye Revocable T
Seller's Agent
Larry Krogh
LIV Sotheby's International Realty
Buyer's Agent
Larry Krogh
Assist-U-Sell Realty
List Price
$2,300,000
Sold Price
$2,025,000
Premium/Discount to List
-$275,000
-11.96%
Views
68
Current Estimated Value
$2,311,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,756
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Dec 30, 2020
Closed on
Feb 19, 2021
Sold by
Joselowsky Lawrence
Bought by
Wygal Gary L and Gary L Wygal Trust
Seller's Agent
Tonya Peralta
Keller Williams West Ventura County
Buyer's Agent
Spencer Kirkpatrick
LIV Sotheby's International Realty
List Price
$1,980,000
Sold Price
$1,899,000
Premium/Discount to List
-$81,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Leis George S and Leis Laurie Lynn
Bought by
Joselowsky Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2013
Sold by
Leis Anne M
Bought by
Leis George Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2006
Sold by
Rand Samuel and Rand Darlene
Bought by
Leis George Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

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
Walter S Lees And Molly Anne Kaye Revocable T $2,025,000 Lawyers Title
Wygal Gary L $1,899,000 First American Title Company
Joselowsky Lawrence $1,172,000 First American Title Co
Leis George Steven -- First American Title Company
Leis George Steven $1,150,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joselowsky Lawrence $836,500
Previous Owner Leis George S $340,200
Previous Owner Leis George S $250,000
Previous Owner Leis George Steven $490,000
Previous Owner Leis George Steven $250,000
Previous Owner Leis George Steven $717,000
Previous Owner Leis George Steven $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $2,025,000 -7.7% $784 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $2,195,000 -3.3% $850 / Sq Ft
09/23/2022 09/23/22 Price Changed $2,269,000 -1.3% $879 / Sq Ft
09/08/2022 09/08/22 For Sale $2,300,000 +21.1% $891 / Sq Ft
03/11/2021 03/11/21 Sold $1,899,000 0.0% $735 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
01/23/2021 01/23/21 Price Changed $1,899,000 -4.1% $735 / Sq Ft
12/30/2020 12/30/20 For Sale $1,980,000 -- $767 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $9,247 $734,632 $545,558 $189,074
2024 $9,247 $720,228 $534,861 $185,367
2023 $23,110 $2,025,000 $1,316,500 $708,500
2022 $22,074 $1,936,980 $1,259,190 $677,790
2021 $15,370 $1,284,616 $800,471 $484,145
2020 $14,431 $1,219,088 $792,264 $426,824
2019 $14,001 $1,195,185 $776,730 $418,455
2018 $16,049 $1,381,195 $1,080,938 $300,257
2017 $15,711 $1,354,114 $1,059,744 $294,370
2016 $13,851 $1,270,000 $993,000 $277,000
2015 $11,752 $1,065,000 $833,000 $232,000
2014 $8,886 $845,000 $661,000 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3048

Santa Barbara Multiple Listing Service

APN: 020-0-090-170