NOT LISTED FOR SALE

501 Drown Ave Ojai, CA 93023

Estimated Value: $1,007,000 - $1,316,000

3 Beds
2 Baths
1,090 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,200,000 $1,101 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,680/month

5 Days on Market

Highlights

  • Above Ground Spa
  • Wood Flooring
  • Home Office
  • Mountain View
  • No HOA
  • Fireplace

About This Home

As of May 2024

Welcome to your very own slice of whimsy nestled in the heart of downtown Ojai! This charming 3-bedroom, 2-bathroom home boasts a perfect blend of comfort and charm. Step inside and be greeted by the warmth of hardwood floors guiding you through sun-kissed rooms illuminated by an abundance of natural light. The focal point of the living area is a beautiful fireplace, perfect for cozying up on chilly evenings and creating memories with loved ones. Built-in shelving lines the walls, providing ample space to showcase your favorite books. As you make your way through the home, you'll find a spacious sunroom bathed in natural light, offering a seamless transition between indoor and outdoor living. The sunroom provides exquisite Saltillo tile flooring, adding a touch of Mediterranean flair to the space. Outside, the sprawling backyard invites you to unwind and indulge in the beauty of nature ~ perfect for hosting al fresco gatherings with loved ones, cultivating a thriving garden, playing with the kids or simply basking in the sunshine with a good book. But that's not all - a detached structure awaits just beyond the main house, offering endless possibilities. Whether you envision a yoga studio, art space, home office, or guest quarters, this versatile structure is ready to fulfill your creative dreams. Conveniently located in downtown Ojai, this home offers easy access to a myriad of shops, restaurants, and cultural attractions. From exploring local galleries to enjoying outdoor adventures in the nearby mountains, the best of Ojai living is right at your fingertips. Schedule your showing today and embrace the essence of the Ojai lifestyle.

Last Agent to Sell the Property

Rachelle Giuliani

BHHS California Properties License #02047608 Listed on: 04/02/2024

BHHS California Properties

Last Buyer's Agent

Tonya Peralta

Keller Williams West Ventura County License #01862743

Keller Williams West Ventura County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,562

Year Built

  • Built in 1941

Lot Details

  • 7,261 Sq Ft Lot
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,090 Sq Ft Home
  • Fireplace
  • Dining Room
  • Home Office
  • Mountain Views
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Spa
  • Stone Porch or Patio
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 0220090160

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,562

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0220090160
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1090.00 Square Feet
  • Entry Location: YES
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 1100.92
  • Room Type: Office
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding
  • View: Mountain(s)
  • Fence: Yes
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Private Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7261.00
  • Lot Size Acres: 0.1667

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7261.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Sherylle Mills Englander Trust and Sherylle Mills Englander Revocable Trust
Bought by
Sherylle Mills Englander Revocable Trust and Englander
Current Estimated Value
$1,135,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,000
Outstanding Balance
$716,098
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$431,751

Purchase Details

Listed on
Apr 2, 2024
Closed on
Apr 10, 2024
Sold by
Morrison Kathleen D Foster and Morrison Adam D
Bought by
Sherylle Mills Englander Trust and Englander
Seller's Agent
Rachelle Giuliani
BHHS California Properties
Buyer's Agent
Tonya Peralta
Keller Williams West Ventura County
List Price
$1,175,000
Sold Price
$1,200,000
Premium/Discount to List
$25,000
2.13%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.29%
Original Mortgage
$720,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2016
Closed on
Nov 21, 2016
Sold by
U S Bank National Association
Bought by
Morrison Kathleen D Foster and Morrison Adam D
Seller's Agent
David Judd
Ojo Home California Inc.
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$545,900
Sold Price
$500,854
Premium/Discount to List
-$45,046
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%
Original Mortgage
$475,770
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2016
Sold by
Patricolo Connie
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 20, 2000
Sold by
Tim Howell
Bought by
Patricolo Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,900
Interest Rate
8.2%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Tim Howell and Howell Linda
Bought by
Howell Tim and Howell Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,495
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1996
Sold by
Gollinger Lisa
Bought by
Howell Linda

Purchase Details

Closed on
Mar 17, 1995
Sold by
Citibank
Bought by
Howell Tim and Gollinger Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,409
Interest Rate
8.77%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1994
Sold by
Citibank and Ferguson W Blair
Bought by
Citibank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sherylle Mills Englander Revocable Trust -- Atlas Title
Sherylle Mills Englander Trust $1,200,000 Lawyers Title Company
Morrison Kathleen D Foster $501,000 Premium Title Of Ca Inc
U S Bank National Association $478,872 None Available
Patricolo Connie $237,000 Old Republic Title Company
Howell Tim -- Old Republic Title Company
Howell Linda -- --
Howell Tim $155,000 First American Title Ins Co
Citibank $131,750 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherylle Mills Englander Revocable Trust $718,000
Previous Owner Sherylle Mills Englander Trust $720,000
Previous Owner Morrison Kathleen D Foster $250,000
Previous Owner Morrison Kathleen D Foster $477,000
Previous Owner Morrison Kathleen D Foster $473,250
Previous Owner Morrison Kathleen D Foster $475,770
Previous Owner Patricolo Connie $427,000
Previous Owner Patricolo Connie $100,000
Previous Owner Patricolo Connie $50,000
Previous Owner Patricolo Connie $170,500
Previous Owner Patricolo Connie $165,900
Previous Owner Howell Tim $147,495
Previous Owner Howell Tim $150,409
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,200,000 +2.1% $1,101 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $1,175,000 +134.6% $1,078 / Sq Ft
12/16/2016 12/16/16 Sold $500,854 -8.3% $459 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $545,900 -- $501 / 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 $7,562 $1,224,000 $795,600 $428,400
2024 $7,562 $577,580 $370,363 $207,217
2023 $7,306 $566,255 $363,101 $203,154
2022 $7,205 $555,152 $355,981 $199,171
2021 $7,159 $544,267 $349,001 $195,266
2020 $6,987 $538,688 $345,423 $193,265
2019 $6,787 $528,126 $338,650 $189,476
2018 $6,720 $517,771 $332,010 $185,761
2017 $6,544 $500,854 $325,500 $175,354
2016 $4,023 $301,656 $203,653 $98,003
2015 $3,987 $297,127 $200,595 $96,532
2014 $3,749 $291,308 $196,666 $94,642
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-22584

Ventura County Regional Data Share

APN: 022-0-090-160