NOT LISTED FOR SALE

414 N Mill St Santa Paula, CA 93060

Estimated Value: $1,035,696 - $1,496,000

9 Beds
6 Baths
3,144 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $610,000 $194 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,325/month

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Heating System Uses Natural Gas

About This Home

As of October 2015

Great Investment Opportunity. 5 units with a 4 bedroom 2 bath main house and a 4 units in the rear.. The features of the house include hardwood floors, all bedrooms upstairs, washer and dryer hookups and private backyard. the rear unit are 3-1 bedroom, 1 bath and 1 2 bedroom, 1 bath. They are two story with the 2 bedroom and 1 bedroom larger units on the bottom floor. they each have patio.

Last Agent to Sell the Property

Ken Wallis

Epique Realty License #01700449 Listed on: 08/21/2015

Epique Realty

Last Buyer's Agent

David Remedios

RE/MAX Gold Coast REALTORS License #00902963

RE/MAX Gold Coast REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,235

Year Built

  • Built in 1926

Lot Details

  • 9,800

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway
  • Parking Lot
  • Assigned Parking

Home Design

  • Split Level Home
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 3,144 Sq Ft Home
  • Wood Burning Stove
  • Den with Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Additional Features

  • 9,800 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1000172035

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,250
  • Maintenance Expense $3,302
  • Professional Management Expense $5,284
  • Trash Expense $1,098
  • Water Sewer Expense $5,376
  • Gross Income $5,675
  • Net Operating Income $39,158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,235

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • CapRate: 5.60
  • Price Per Unit: 139800
  • Professional Management Expense: 5284.00
  • View: No
  • Water Sewer Expenses: 5376.00
  • Zoning: R1
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1000172035
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Fireplace Features: Den, Wood Stove Insert
  • Levels: Multi/Split
  • Price Per Square Foot: 194.02

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas
  • Trash Expense: 1098.00

Lot Info

  • Land Lease: No
  • Land Lease Amount Frequency: See Remarks
  • Lot Size Sq Ft: 9800.00
  • Lot Size Acres: 0.2250

Multi Family

  • Average1 Bed Area: 700
  • Gross Income: 5675.00
  • Gross Multiplier: 10.26
  • Insurance Expense: 1250.00
  • Lot Size Area: 9800.0000 Square Feet
  • Maintenance Expense: 3302.00
  • Net Operating Income: 39158.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Patio: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 26898.00
  • Operating Expense Percent: 35.50
  • Total Actual Rent: 68100.00
  • Vacancy Allowance: 2043
  • Vacancy Allowance Rate: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Sep 28, 2015
Sold by
Sanchez Tobias G and Sanchez Betty M
Bought by
Loza Investments Llc
Seller's Agent
Ken Wallis
Epique Realty
Buyer's Agent
David Remedios
RE/MAX Gold Coast REALTORS
List Price
$699,000
Sold Price
$610,000
Premium/Discount to List
-$89,000
-12.73%
Current Estimated Value
$1,265,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,848
Avg. Annual Appreciation
7.57%
Source: Public Records

Range of Values:

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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
Loza Investments Llc $610,000 Lawyers Title Vn
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $610,000 -12.7% $194 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $699,000 -- $222 / 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 $8,235 $722,111 $266,352 $455,759
2024 $8,235 $707,952 $261,129 $446,823
2023 $8,062 $694,071 $256,009 $438,062
2022 $7,831 $680,462 $250,989 $429,473
2021 $7,808 $667,120 $246,068 $421,052
2020 $7,773 $660,282 $243,546 $416,736
2019 $7,345 $647,336 $238,771 $408,565
2018 $7,252 $634,644 $234,090 $400,554
2017 $7,338 $622,200 $229,500 $392,700
2016 $6,894 $610,000 $225,000 $385,000
2015 $901 $75,693 $15,259 $60,434
2014 $837 $74,212 $14,961 $59,251
Source: Public Records

Agents Affiliated with this Home

  • Ken Wallis

    Seller's Agent in 2015

    Ken Wallis

    Epique Realty

    (805) 870-5362

    3 in this area

    51 Total Sales

    Ken Wallis
    Section Image
  • David Remedios

    Buyer's Agent in 2015

    David Remedios

    RE/MAX

    (805) 340-0922

    9 in this area

    155 Total Sales

    David Remedios
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: 215012573

Ventura County Regional Data Share

APN: 100-0-172-035

California Ventura County Santa Paula 93060

414 N Mill St, Santa Paula, CA

This home is located at 414 N Mill St, Santa Paula, CA 93060 since 21 August 2015 and is currently estimated at $1,265,848, approximately $402 per square foot. This property was built in 1926. 414 N Mill St is a home located in Ventura County with nearby schools including McKevett Elementary School, Isbell Middle, and Santa Paula High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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