NOT LISTED FOR SALE

503 Drown Ave Ojai, CA 93023

Estimated Value: $1,211,000 - $1,540,000

2 Beds
1 Bath
1,188 Sq Ft
$1,124/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $1,330,000 $1,120 Per Sq Ft

Current estimated payment $8,424/month

2 Days on Market

About This Home

As of October 2023

Welcome to your enchanting Spanish Casita! Located in the heart of Downtown Ojai, this authentic 1920's Spanish bungalow will immediately feel like home. Including two primary bedrooms, the first opens to the spacious back yard and has an en suite bathroom with deep soaking tub. The second has a bonus sun room addition affording great natural light. Both have direct access to the back yard, making indoor/outdoor living a breeze. The kitchen has quaint Spanish tile details and a cozy breakfast nook. Also includes a bonus room off the back of the garage, perfect for a home office or an art/yoga studio. A quaint and private yard makes for great entertaining and enjoying the Ojai lifestyle. Walk to all of Ojai's downtown amenities and restaurants.

Last Agent to Sell the Property

E W

LIV Sotheby's International Realty Ojai License #01461074 Listed on: 10/05/2023

LIV Sotheby's International Realty Ojai

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,741

Year Built

  • Built in 1927

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 022-0-090-150

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,741

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Spanish
  • Unit Levels: Single Story
  • Property Information Year Built2: 1927
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Style Spanish2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.16

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 022-0-090-150
  • Zoning: R-1
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Meagan Yednock Living Trust and Yednock Meagan
Bought by
Meagan Yednock Living Trust and Yednock
Current Estimated Value
$1,334,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,250
Outstanding Balance
$1,065,716
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$279,735

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 9, 2023
Sold by
Mcdowell Revocable Living Trust
Bought by
Meagan Yednock Living Trust and Yednock
Seller's Agent
E W
LIV Sotheby's International Realty Ojai
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,350,000
Sold Price
$1,330,000
Premium/Discount to List
-$20,000
-1.48%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%
Original Mortgage
$1,064,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2017
Closed on
Aug 18, 2017
Sold by
Clapp Aaron and Clapp Betsy
Bought by
Mcdowell Malcolm and Mcdowell Kelley
Seller's Agent
Rosalie Zabilla
Sotheby's International Realty
Buyer's Agent
PFNon-Member Default
ITECH MLS
List Price
$673,000
Sold Price
$673,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%

Purchase Details

Closed on
Dec 1, 2004
Sold by
Clapp Aaron and Clapp Betsy
Bought by
Clapp Aaron and Clapp Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2004
Sold by
Clapp Aaron and Clapp Betsy
Bought by
Clapp Aaron and Clapp Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1999
Sold by
Clapp Aaron Deal Clapp Betsy
Bought by
Clapp Aaron and Deal Clapp Betsy
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
Meagan Yednock Living Trust -- Fidelity National Title Compan
Meagan Yednock Living Trust $1,330,000 Lawyers Title
Mcdowell Malcolm $673,000 Accommodation
Clapp Aaron -- --
Clapp Aaron -- Old Republic Title Company
Clapp Aaron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meagan Yednock Living Trust $1,070,250
Previous Owner Meagan Yednock Living Trust $1,064,000
Previous Owner Clapp Aaron $118,000
Previous Owner Clapp Aaron $30,000
Previous Owner Clapp Aaron $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $1,330,000 -1.5% $1,120 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $1,350,000 +100.6% $1,136 / Sq Ft
09/01/2017 09/01/17 Sold $673,000 0.0% $566 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $673,000 -- $566 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $15,741 $1,356,600 $881,790 $474,810
2024 $15,741 $1,330,000 $864,500 $465,500
2023 $9,192 $736,021 $478,468 $257,553
2022 $9,057 $721,590 $469,087 $252,503
2021 $9,005 $707,442 $459,890 $247,552
2020 $8,786 $700,189 $455,175 $245,014
2019 $8,532 $686,460 $446,250 $240,210
2018 $8,454 $673,000 $437,500 $235,500
2017 $3,578 $223,803 $139,113 $84,690
2016 $3,141 $219,416 $136,386 $83,030
2015 $3,111 $216,123 $134,339 $81,784
2014 $2,902 $211,891 $131,708 $80,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3008

Santa Barbara Multiple Listing Service

APN: 022-0-090-150