NOT LISTED FOR SALE

405 Park Rd Ojai, CA 93023

Estimated Value: $1,112,000 - $1,313,000

3 Beds
2 Baths
1,972 Sq Ft
$606/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $1,140,000 $578 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,479/month

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2-minute walk to Sarzotti Park
  • Covered Patio or Porch

About This Home

As of August 2023

Welcome to this charming 1950s ranch-style home in the beautiful town of Ojai, California. This property offers the perfect blend of vintage character and modern convenience. The main house, located at the front, features hardwood floors, a one bedroom, one bath, and a den, providing ample space for comfortable living. With central heat and air conditioning, you can enjoy year-round comfort in every season. The cozy den can be used as an office, a guest room, or a relaxing space to unwind.At the rear of the property, you'll find the legal accessory dwelling unit (ADU). This separate back house boasts two bedrooms and one bath, providing plenty of room for your loved ones or potential rental income. There is a full kitchen, fireplace and it's equipped with a wall heater and air conditioning unit.The large, fenced backyard with mature trees and lush surroundings offers the perfect setting for dining alfresco with friends or a serene retreat in nature.Conveniently located between the two units is a separate laundry room, making chores a breeze. The front house also has its own private yard, offering a peaceful area to enjoy outdoor activities, gardening, or enjoying the pink moment.This property presents an incredible opportunity to experience the sought-after Ojai lifestyle while benefiting from the flexibility of an ADU. Don't miss your chance to own a piece of Ojai history and create lasting memories in this wonderful 1950s ranch-style home.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Property is zoned R1

Parking

  • No Garage

Home Design

  • 1,972 Sq Ft Home
  • Ranch Style House
  • Stucco Exterior

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 022011034

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Fencing Wire Fence: Rear
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Transaction Type: Sale
  • Type Of Garage: None
  • Days On Market: No
  • Master Plan Zoning: R1
  • Property Style: Ranch
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Appliances: Electric, Range/Oven, Dishwasher, Microwave, Trash Compactor

Exterior Features

  • Exterior: Stucco

Utilities

  • Heating: Forced Air, Wall Unit

Association/Amenities

  • Patio: Covered

Schools

  • Junior High Dist: Ojai District

Lot Info

  • Irrigation Water Rights Acres: 0.2504
  • Lot Size Sq Ft: 10909.00

Tax Info

  • Assessor Parcel Number: 022011034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 10, 2023
Sold by
Diacri Lori A
Bought by
Kim Carolyn Su
List Price
$1,140,000
Sold Price
$1,140,000
Current Estimated Value
$1,195,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,862
Avg. Annual Appreciation
2.06%

Purchase Details

Closed on
May 6, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Diacri Lori A and Di Acri Frank E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,900
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2010
Sold by
Smith Robert R and Smith Patricia A
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jan 8, 2007
Sold by
Smith Robert R and Smith Patricia A
Bought by
Smith Robert R and Smith Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2006
Sold by
Smith Robert R and Smith Patricia A
Bought by
Smith Robert R and Smith Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Smith Robert R and Smith Patricia A
Bought by
Smith Robert R and Smith Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 20, 2004
Sold by
Smith Robert R and Smith Patricia A
Bought by
Smith Robert R and Smith Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Smith Robert R and Smith Patricia A
Bought by
Smith Robert R and Smith Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.6%

Purchase Details

Closed on
Apr 10, 2002
Sold by
Smith Robert Ray and Smith Patricia Ann
Bought by
Smith Robert R and Smith Patricia A
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
Kim Carolyn Su $1,140,000 Lawyers Title
Diacri Lori A $410,000 First American Title Ins Co
Hsbc Bank Usa National Association $550,000 Accommodation
Smith Robert R -- Chicago Title Co 72
Smith Robert R -- Chicago Title Co 72
Smith Robert R -- --
Smith Robert R -- Chicago Title Co
Smith Robert R -- Chicago Title Company
Smith Robert R -- Chicago Title Company
Smith Robert R -- Chicago Title
Smith Robert R -- Chicago Title
Smith Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diacri Lori A $327,900
Previous Owner Smith Robert R $590,000
Previous Owner Smith Robert R $510,000
Previous Owner Smith Robert R $110,000
Previous Owner Smith Robert R $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2023 08/30/23 Sold $1,140,000 0.0% $578 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $1,140,000 -- $578 / Sq Ft
Source: Ojai Valley Board of REALTORS®

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 $14,786 $1,162,800 $755,820 $406,980
2024 $14,786 $1,140,000 $741,000 $399,000
2023 $8,100 $538,949 $384,485 $154,464
2022 $8,026 $528,382 $376,946 $151,436
2021 $7,966 $518,022 $369,555 $148,467
2020 $7,781 $512,712 $365,766 $146,946
2019 $6,868 $502,660 $358,595 $144,065
2018 $6,502 $465,005 $351,564 $113,441
2017 $6,385 $455,888 $344,671 $111,217
2016 $5,709 $446,950 $337,913 $109,037
2015 $5,663 $440,238 $332,838 $107,400
2014 $5,287 $431,617 $326,319 $105,298
Source: Public Records

Map

Source: Ojai Valley Board of REALTORS®

MLS Number: 221750

APN: 022-0-110-340