NOT LISTED FOR SALE

Estimated Value: $1,723,756 - $1,877,000

6 Beds
3 Baths
2,389 Sq Ft
$748/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $1,500,000 $628 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,293/month

17 Days on Market

Highlights

  • Fishing
  • Laundry Room
  • Concrete Flooring
  • All Bedrooms Downstairs
  • Bike Trail
  • Wood Fence

About This Home

As of September 2021

Hollywood beach tri plex. The opportunities are limitless with this beach investment property. This is an oversized lot, with potential FOREVER unobstructed ocean views if you chose to build. Great location at Hollywood beach with excellent beach access. Hollywood beach is a quaint beach town with great restaurants, easy walk to the Channel Islands Harbor. Come and discover why everyone is moving to Hollywood Beach .

Last Agent to Sell the Property

Ann Howarth

RE/MAX Gold Coast-Beach Office License #01412324 Listed on: 08/10/2021

RE/MAX Gold Coast-Beach Office

Last Buyer's Agent

Ann Howarth

RE/MAX Gold Coast-Beach Office License #01412324 Listed on: 08/10/2021

RE/MAX Gold Coast-Beach Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,679

Year Built

  • Built in 1960

Lot Details

  • 4,703 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Level Lot
  • No Sprinklers

Home Design

  • 2,389 Sq Ft Home
  • Triplex

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Available

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Gas and Electric Range
  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 36
  • Assessor Parcel Number 2060271010

Community Details

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Operating Expense $4,800
  • Gross Income $55,140
  • Net Operating Income $4,195

Additional Features

  • Hollywood Beach 0302 Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,679

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2060271010
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Concrete
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 617.41
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Park, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: Level, Sprinklers None
  • Lot Size Sq Ft: 4703.00
  • Lot Size Acres: 0.1080

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 55140.00
  • Gross Scheduled Income: 4595.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 4703.0000 Square Feet
  • Net Operating Income: 4195.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 400.00
  • Rent Control: No
  • Total Expenses: 4800.00

Tax Info

  • Tax Census Tract: YES
  • Tax Tract Number: 36.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Aug 24, 2021
Sold by
Korman Nathan
Bought by
Sallee Clinton J and Sallee Kimberly M
Seller's Agent
Ann Howarth
RE/MAX Gold Coast-Beach Office
Buyer's Agent
Ann Howarth
RE/MAX Gold Coast-Beach Office
List Price
$1,475,000
Sold Price
$1,500,000
Premium/Discount to List
$25,000
1.69%
Current Estimated Value
$1,786,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,939
Avg. Annual Appreciation
3.85%
Original Mortgage
$1,039,500
Outstanding Balance
$949,982
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$789,692

Purchase Details

Closed on
Aug 25, 2005
Sold by
Stillman Enterprises Inc
Bought by
Korman Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 8, 2005
Sold by
Witherill Liston Chip A and Witherill Karen L
Bought by
Stillman Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2005
Sold by
Shumway Heide
Bought by
Witherill Liston Chip A and Witherill Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2004
Sold by
Shumway Heide
Bought by
Shumway Heide

Purchase Details

Closed on
Dec 17, 2001
Sold by
Shumway Mike Sherman
Bought by
Shumway Heide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.25%

Purchase Details

Closed on
Oct 24, 2001
Sold by
Heck Gordon
Bought by
Shumway Heide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.25%

Purchase Details

Closed on
Oct 5, 2000
Sold by
Kaeser Steven and Jensen Bettina
Bought by
Heck Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2000
Sold by
Trigg Schaefer
Bought by
Kaeser Steven and Jensen Bettina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.95%

Purchase Details

Closed on
Nov 19, 1997
Sold by
Cruff Kenneth H and Cruff David B
Bought by
Schaefer Trigg and Schaefer Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back
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
Sallee Clinton J $1,500,000 Fidelity National Title Co
Korman Nathan $1,695,000 Multiple
Stillman Enterprises Inc -- Multiple
Witherill Liston Chip A $1,280,000 Gateway Title Company
Shumway Heide -- --
Shumway Heide -- First American Title Ins Co
Shumway Heide $580,000 First American Title Ins Co
Heck Gordon -- Chicago Title Co
Kaeser Steven $427,500 American Title Co
Schaefer Trigg -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sallee Clinton J $1,039,500
Previous Owner Korman Nathan $1,000,000
Previous Owner Korman Nathan $300,000
Previous Owner Korman Nathan $845,000
Previous Owner Witherill Liston Chip A $1,235,000
Previous Owner Shumway Heide $497,000
Previous Owner Shumway Heide $400,000
Previous Owner Heck Gordon $450,000
Previous Owner Kaeser Steven $348,000
Previous Owner Schaefer Trigg $49,000
Closed Heck Gordon $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $1,500,000 +1.7% $628 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $1,475,000 -- $617 / 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 $18,679 $1,701,768 $1,114,269 $587,499
2024 $18,679 $1,560,600 $1,092,420 $468,180
2023 $17,743 $1,530,000 $1,071,000 $459,000
2022 $17,247 $1,500,000 $1,050,000 $450,000
2021 $17,584 $1,500,000 $975,000 $525,000
2020 $17,381 $1,485,000 $900,000 $585,000
2019 $13,074 $1,110,000 $775,000 $335,000
2018 $12,773 $1,100,000 $770,000 $330,000
2017 $12,209 $1,070,000 $750,000 $320,000
2016 $12,639 $1,120,000 $750,000 $370,000
2015 $13,072 $1,170,000 $800,000 $370,000
2014 $7,346 $650,000 $450,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-7718

Ventura County Regional Data Share

APN: 206-0-271-010