NOT LISTED FOR SALE

Estimated Value: $721,499 - $990,000

7 Beds
6 Baths
1,418 Sq Ft
$612/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $1,015,000 $716 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,926/month

169 Days on Market

Highlights

  • Peek-A-Boo Views
  • Spanish Architecture
  • Attached Carport
  • Cabrillo Middle School Rated A-
  • Balcony
  • Central Heating and Cooling System

About This Home

As of July 2016

Investor's Dream! One block to the beach, and in the heart of downtown Ventura. THREE beautiful units, spacious and tastefully built. Almost new, the property was built in 2006 with Spanish style decor and design. Master suites, granite counters, stainless appliances, wood flooring, travertine tile and more. Gorgeous finishing throughout. Buy the building complete with 3 units, or inquire about pricing for individual units to be sold separately. All have interior laundry hookups, garages and lovely finishing. Square footage of each varies from approx 1400-1895. Long term tenants would like to stay.

Last Agent to Sell the Property

Bridget Goncalves

Joe Kapp Real Estate, Inc License #01415326 Listed on: 01/07/2016

Last Buyer's Agent

Jennifer Kelley

NextHome Pacific Coast Realty License #01938961

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 2,134

Parking

  • 1 Car Garage
  • Attached Carport
  • Parking Available
  • Shared Driveway

Home Design

  • Spanish Architecture
  • Split Level Home
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • Peek-A-Boo Views

Kitchen

  • Gas Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Rectangular Lot

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 0730380025

Community Details

Overview

  • 3 Units
  • Other 0011 Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $200
  • Gross Income $71,220

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

2,134 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Other - 0011
  • View: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: Condo/townehous
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 0730380025
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Appliances: Yes
  • Fireplace Features: Gas, Living Room
  • Levels: Multi/Split

Exterior Features

  • Foundation: Slab
  • View: Peek-A-Boo
  • Roof: Clay, Tile
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage, Shared Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Range, Refrigerator
  • Heating Type: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Management: Owner

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 1.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 71220.00
  • Lot Size Area: 1.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Jun 17, 2016
Sold by
Rezkalla Merfat Sedky and Geid Abed Nasser Ramsis
Bought by
Lanspring
Seller's Agent
Bridget Goncalves
Joe Kapp Real Estate, Inc
Buyer's Agent
Jennifer Kelley
NextHome Pacific Coast Realty
List Price
$1,325,000
Sold Price
$1,015,000
Premium/Discount to List
-$310,000
-23.4%
Current Estimated Value
$867,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,375
Avg. Annual Appreciation
-1.60%
Original Mortgage
$300,000
Outstanding Balance
$239,310
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$628,315

Purchase Details

Closed on
Dec 11, 2012
Sold by
B&M Investments Inc
Bought by
Rezkalla Merfat Sedky and Geid Abed Nasser Ramsis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lanspring $1,015,000 First American Title Company
Rezkalla Merfat Sedky $925,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanspring $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $1,015,000 -23.4% $716 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $1,325,000 -- $934 / Sq Ft
Source: Ventura County Regional Data Share

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 $4,347 $379,507 $129,985 $249,522
2024 $4,347 $372,066 $127,436 $244,630
2023 $4,290 $364,771 $124,937 $239,834
2022 $4,005 $357,619 $122,487 $235,132
2021 $3,923 $350,607 $120,085 $230,522
2020 $3,884 $347,013 $118,854 $228,159
2019 $3,820 $340,210 $116,524 $223,686
2018 $3,768 $333,540 $114,240 $219,300
2017 $3,688 $327,000 $112,000 $215,000
2016 $3,526 $312,065 $88,417 $223,648
2015 $3,482 $307,380 $87,090 $220,290
2014 $3,428 $301,361 $85,385 $215,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-215006920

Ventura County Regional Data Share

APN: 073-0-380-045

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