NOT LISTED FOR SALE

408 Foothill Rd Ojai, CA 93023

Estimated Value: $1,763,433 - $1,989,000

4 Beds
2.5 Baths
1,834 Sq Ft
$1,047/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $750,000 $409 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $11,242/month

Highlights

  • Art Studio
  • All Bedrooms Downstairs
  • 0.63 Acre Lot
  • Solar Heated In Ground Pool
  • Gated Parking
  • Mountain View

About This Home

As of December 2012

Great new price! Built by the well-known Merriam family of dictionary fame, this is truly one of the unique in-town properties in Ojai. Not only do you get a beautiful gated main house with pool, courtyard and huge yard, you also get a super cute 2BR guest house located around the corner on Eucalyptus! Walk everywhere and live in one of Ojai's most desirable neighborhoods. Guest house rents for $1675 + utilities so this is a great value for sure.

Last Agent to Sell the Property

Sharon Maharry

BHHS California Properties License #01438966 Listed on: 03/06/2012

BHHS California Properties

Last Buyer's Agent

Stacy Cadenasso

KellerWilliamsWestVenturaCount License #01761197

KellerWilliamsWestVenturaCount

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,797

Year Built

  • Built in 1950

Lot Details

  • 0.63 Acre Lot
  • Masonry wall
  • Wrought Iron Fence
  • Corner Lot
  • Back and Front Yard
  • Property is zoned RO

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,834 Sq Ft Home
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Raised Hearth
  • Formal Entry
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Art Studio
  • Workshop
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Remodeled Bathroom
  • Tile Bathroom Countertop
  • Bathtub with Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Driveway
  • Gated Parking
  • RV Potential

Pool

  • Solar Heated In Ground Pool
  • Fiberglass Pool
  • Pool Cover

Outdoor Features

  • Concrete Porch or Patio
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Ojai: Other Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0200192010

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,797

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Inclusions: Pool equipment
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: RO
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0200192010
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1834.00
  • Interior Amenities: High Ceilings, Wired for Sound, Pantry, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Raised Hearth, Wood Burning
  • Levels: One
  • Price Per Square Foot: 490.73
  • Room Type: Art Studio, Main Floor Master Bedroom, All Bedrooms Down, Workshop, Office, Master Bedroom, Living Room, Formal Entry, Family Room, Bonus Room
  • Bathroom Features: Remodeled, Tile Counters, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s), Workshop
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Masonry, Wrought Iron
  • Patio And Porch Features: Concrete
  • Pool Features: Pool Cover, In Ground, Fiberglass, Solar Heat
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Driveway, Workshop in Garage, Gated, RV Potential, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Disposal, Electric Cooking, Range Hood, Gas Water Heater, Water Line to Refrigerator, Vented Exhaust Fan
  • Heating Type: Central, Natural Gas, Forced Air, Fireplace(s)
  • Laundry Features: Individual Room
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Storm Drains

Lot Info

  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 27550.00
  • Lot Size Acres: 0.6325

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27550.0000 Square Feet

Tax Info

  • Tax Census Tract: Ojai: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
Dec 11, 2012
Sold by
Demauro David and Demauro Sybil Walker
Bought by
Neville Dave and Neville Mary
Seller's Agent
Sharon Maharry
BHHS California Properties
Buyer's Agent
Stacy Cadenasso
KellerWilliamsWestVenturaCount
List Price
$1,099,000
Sold Price
$750,000
Premium/Discount to List
-$349,000
-31.76%
Current Estimated Value
$1,919,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,169,358
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
May 1, 2007
Sold by
Cal National Bank
Bought by
Demauro David and Demauro Sybil Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2007
Sold by
Lawley Suzanne I
Bought by
Cal National Bank

Purchase Details

Closed on
Dec 22, 2000
Sold by
Rohner C Vanya
Bought by
Lawley Suzanne I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.98%

Purchase Details

Closed on
May 22, 2000
Sold by
Merriam Allen F
Bought by
Rohner C Vanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
9.75%
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
Neville Dave $750,000 Fidelity National Title Co
Demauro David -- First American Title Company
Cal National Bank $373,590 None Available
Lawley Suzanne I $575,000 Chicago Title Co
Rohner C Vanya $390,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demauro David $800,000
Previous Owner Lawley Suzanne I $600,000
Previous Owner Rohner C Vanya $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2012 12/31/12 Sold $750,000 -31.8% $409 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $1,099,000 -- $599 / 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 $12,797 $923,556 $640,335 $283,221
2024 $12,797 $905,448 $627,780 $277,668
2023 $12,371 $887,695 $615,471 $272,224
2022 $12,215 $870,290 $603,403 $266,887
2021 $12,130 $853,226 $591,572 $261,654
2020 $11,842 $844,479 $585,507 $258,972
2019 $11,512 $827,922 $574,027 $253,895
2018 $11,393 $811,689 $562,772 $248,917
2017 $11,204 $795,775 $551,738 $244,037
2016 $10,059 $780,172 $540,920 $239,252
2015 $9,975 $768,455 $532,796 $235,659
2014 $9,326 $753,404 $522,360 $231,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-12003391

Ventura County Regional Data Share

APN: 020-0-192-010