NOT LISTED FOR SALE

4612 Terrace Ave Oxnard, CA 93033

Terrace Estates Neighborhood

Estimated Value: $711,000 - $835,000

6 Beds
4 Baths
2,064 Sq Ft
$369/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $676,000 $328 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,693/month

36 Days on Market

Highlights

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • West Facing Home
  • Laundry Room
  • 2 Car Garage
  • Wood Fence

About This Home

As of October 2022

Investor Special -- Perfect single story duplex for investor willing to do some updates -- 3 bedrooms 2 baths per unit --- both units needs some TLC -- Each unit currently rents for 1900/mo

Last Agent to Sell the Property

Harold Powell

RE/MAX Gold Coast REALTORS License #00934438 Listed on: 07/25/2022

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Robert Ramos

Coldwell Banker Residential Brokerage License #01931801

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Wood Fence
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tax Tract Number 47
  • Assessor Parcel Number 2210026325

Community Details

Overview

  • 2 Units
  • Oxnard: Other 0034 Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • View: No
  • Zoning: R3PD
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2210026325
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 339.10
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central, Natural Gas, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Tract: 161002
  • Tax Tract Number: 47.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 9, 2022
Sold by
Nikolai Zemtsev Living Trust
Bought by
Arora Manish and Arora Ava
Seller's Agent
Harold Powell
RE/MAX Gold Coast REALTORS
Buyer's Agent
Robert Ramos
Coldwell Banker Residential Brokerage
List Price
$730,000
Sold Price
$676,000
Premium/Discount to List
-$54,000
-7.4%
Views
73
Current Estimated Value
$762,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,215
Avg. Annual Appreciation
3.83%
Original Mortgage
$507,000
Outstanding Balance
$486,758
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$275,457

Purchase Details

Closed on
May 24, 1999
Sold by
Nikolai Zemtsev
Bought by
Zemtsev Nikolai
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
Arora Manish $676,000 Fidelity National Title
Zemtsev Nikolai -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Manish $507,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $676,000 -3.4% $328 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $699,900 -4.1% $339 / Sq Ft
07/25/2022 07/25/22 For Sale $730,000 -- $354 / 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 $8,384 $703,310 $462,978 $240,332
2024 $8,384 $689,520 $453,900 $235,620
2023 $7,889 $676,000 $445,000 $231,000
2022 $6,723 $576,098 $401,932 $174,166
2021 $6,807 $564,802 $394,051 $170,751
2020 $6,933 $559,012 $390,011 $169,001
2019 $6,725 $548,052 $382,364 $165,688
2018 $5,911 $490,000 $310,000 $180,000
2017 $5,597 $470,000 $300,000 $170,000
2016 $5,321 $460,000 $300,000 $160,000
2015 $4,776 $400,000 $290,000 $110,000
2014 $4,191 $350,000 $250,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Harold Powell

    Seller's Agent in 2022

    Harold Powell

    RE/MAX

    2 in this area

    107 Total Sales

    Harold Powell
    Section Image
  • Robert Ramos

    Buyer's Agent in 2022

    Robert Ramos

    Coldwell Banker Residential Brokerage

    (818) 693-7570

    2 in this area

    20 Total Sales

    Robert Ramos
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-13937

Ventura County Regional Data Share

APN: 221-0-026-325

California Ventura County Oxnard 93033 Terrace Estates

4612 Terrace Ave, Oxnard, CA

Not Listed for Sale

MultiFamily

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