NOT LISTED FOR SALE

502 S Montgomery St Ojai, CA 93023

Estimated Value: $1,144,000 - $1,614,000

3 Beds
1 Bath
1,626 Sq Ft
$855/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2012

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

Est. 206% increase in value since last sale

Current estimated payment $8,209 / mo

399 Days on Market

Highlights

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

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

License #01060428 Listed on: 01/19/2011

Co-Listed By

Judy Fairchild

KellerWilliamsWestVenturaCount License #00830346

Last Buyer's Agent

Tina Comden

NextHome Coastal Estates License #00953910

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 41,000 Sq Ft 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
  • Laundry in Garage

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

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

Year Built

Built in 1931

Lot Details

0.94 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2017
Sold by
Bought by
Current Estimated Value
$1,390,382

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
$1,035,921

Purchase Details

Listed on
Jan 19, 2011
Closed on
Apr 13, 2012
Sold by
Bought by
Seller's Agent
Bob Ridgway
Buyer's Agent
Tina Comden
NextHome Coastal Estates
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
8.20%
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
Bought by
Seller's Agent
Bob Ridgway
Buyer's Agent
Tina Comden
NextHome Coastal Estates
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
Bought by
Seller's Agent
Bob Ridgway
Buyer's Agent
Tina Comden
NextHome Coastal Estates
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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
$455,000 Fidelity National Title Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,393 $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

  • B

    Seller's Agent in 2012

    Bob Ridgway

    (805) 320-1811

    22 Total Sales

    Bob Ridgway
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Judy Fairchild

    KellerWilliamsWestVenturaCount

  • Tina Comden

    Buyer's Agent in 2012

    Tina Comden

    NextHome Coastal Estates

    (805) 218-5926

    18 Total Sales

    Tina Comden
    Section Image
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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

California Ventura County Ojai 93023

502 S Montgomery St, Ojai, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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