NOT LISTED FOR SALE

502 S Montgomery St Ojai, CA 93023

Estimated Value: $984,000 - $1,429,000

3 Beds
1 Bath
1,626 Sq Ft
$792/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $455,000 $280 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $7,458/month

Highlights

  • Horse Property Unimproved
  • Eat-In Kitchen
  • Forced Air Heating System
  • 0.94 Acre Lot
  • Laundry Room
  • Dining Room

About This Home

As of April 2012

Without question one of the most unique properties on the market in Mid-town Ojai today! This cute farmhouse style home is situated on nearly 1 full acre of multi-use land. Located just south of the Ojai Art Center and zoned Village Mixed Use'' per City guidelines, gives you a multitude of opportunities not found with any other property in Ojai. This property is ideal for use as a commercial business such as an artist studio, restaurant, or ??? Couple that with the ability to add residential units or other options gives so much to an already useful property. Located within block of Libby Park and Bowl, the Ojai Tennis Club, the Arcade, and fabulous restaurants, gift shops, and local markets. There is something special about this property with it's private nearly one acre lot with a mature canopy of majestic oak trees, a babbling brook running along the southern end of the property, and loads of space for a vineyard, citrus trees, or ???

Last Agent to Sell the Property

Bob Ridgway

Keller Williams West Ventura C License #01060428 Listed on: 01/19/2011

Keller Williams West Ventura C

Co-Listed By

Judy Fairchild

KellerWilliamsWestVenturaCount License #00830346

Last Buyer's Agent

Tina Comden

Keller Williams West Ventura C License #00953910

Keller Williams West Ventura C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,206

Year Built

  • Built in 1931

Lot Details

  • 0.94 Acre Lot
  • Property is zoned Cr

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,626 Sq Ft Home
  • Ceiling Fan
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • Garage
  • Parking Available

Additional Features

  • Horse Property Unimproved
  • Forced Air Heating System

Community Details

  • Ojai: Other Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0230132070

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,206

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Ojai: Other
  • Zoning: Cr
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0230132070
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1626.00
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Levels: Two
  • Price Per Square Foot: 279.83

Exterior Features

  • Foundation: Raised, Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Garage

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Horse Property Unimproved
  • Lot Size Sq Ft: 41000.00
  • Lot Size Acres: 0.9412

Multi Family

  • Lease Considered: No
  • Lot Size Area: 41000.0000 Square Feet

Tax Info

  • Tax Census Tract: Ojai: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2017
Sold by
Richard David A
Bought by
Richard David A and Richard Shannon M
Current Estimated Value
$1,287,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$354,461
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$933,193

Purchase Details

Listed on
Jan 19, 2011
Closed on
Apr 13, 2012
Sold by
Saenz Manuel
Bought by
Saenz Donna Mae
Seller's Agent
Bob Ridgway
Keller Williams West Ventura C
Buyer's Agent
Tina Comden
Keller Williams West Ventura C
List Price
$850,000
Sold Price
$455,000
Premium/Discount to List
-$395,000
-46.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$360,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2011
Closed on
Apr 9, 2012
Sold by
Richard Shannon M
Bought by
Richard David A
Seller's Agent
Bob Ridgway
Keller Williams West Ventura C
Buyer's Agent
Tina Comden
Keller Williams West Ventura C
List Price
$850,000
Sold Price
$455,000
Premium/Discount to List
-$395,000
-46.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2011
Closed on
Mar 1, 2012
Sold by
Gustafson Terry M and Gaertner Dona Sue
Bought by
Richard David A
Seller's Agent
Bob Ridgway
Keller Williams West Ventura C
Buyer's Agent
Tina Comden
Keller Williams West Ventura C
List Price
$850,000
Sold Price
$455,000
Premium/Discount to List
-$395,000
-46.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Gustafson Jerry
Bought by
Chrisman Jennifer and Gaertner Donna Sue
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
Richard David A -- Fidelity National Title
Saenz Donna Mae -- Fidelity National Title Co
Chrisman Jenifer Lee -- Fidelity National Title Co
Wright Reann Louise -- Fidelity National Title Co
Tennant Robin Lynn -- Fidelity National Title Co
Gaertner Jeffery -- Fidelity National Title Co
Gaertner Larry Eugene -- Fidelity National Title Co
Gaertner Dona Sue -- Fidelity National Title Co
Gustafson Terry M -- Fidelity National Title Co
Richard David A -- Fidelity National Title Co
Richard David A $455,000 Fidelity National Title Co
Chrisman Jennifer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard David A $424,000
Previous Owner Richard David A $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2012 04/16/12 Sold $455,000 -46.5% $280 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
01/19/2011 01/19/11 For Sale $850,000 -- $523 / 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 $8,206 $571,494 $452,177 $119,317
2024 $8,206 $560,289 $443,311 $116,978
2023 $7,940 $549,303 $434,618 $114,685
2022 $7,827 $538,533 $426,096 $112,437
2021 $7,765 $527,974 $417,741 $110,233
2020 $7,582 $522,561 $413,458 $109,103
2019 $7,372 $512,315 $405,351 $106,964
2018 $7,291 $502,270 $397,403 $104,867
2017 $7,155 $492,422 $389,611 $102,811
2016 $6,079 $482,768 $381,972 $100,796
2015 $6,027 $475,519 $376,236 $99,283
2014 $5,550 $466,206 $368,867 $97,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-11001040

Ventura County Regional Data Share

APN: 023-0-132-070