NOT LISTED FOR SALE

505 Grand Ave Ojai, CA 93023

Estimated Value: $1,394,000 - $1,643,000

3 Beds
2 Baths
2,047 Sq Ft
$722/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $1,275,000 $623 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,137/month

86 Days on Market

Highlights

  • Additional Residence on Property
  • Fruit Trees
  • Ranch Style House
  • Art Studio
  • Multiple Fireplaces
  • Cathedral Ceiling

About This Home

As of February 2019

Two for the price one! Two legal units plus an elegant art studio welcome you to this newly updated Ojai sanctuary; a refuge of natural light, lush flower gardens, romantic patios, and peaceful views of green meadows and abundant trees. Vaulted ceilings, a double-sided fireplace, and spacious rooms welcome you into the main house. The extensive walls of windows blur the lines between the inside and the outside offering you the best of both worlds. Three bedrooms, two bathrooms, a vintage gallery kitchen and a distinctive office area provide ample space for comfortable living with entertaining in mind. As you stroll through the grounds you will encounter two additional structures; a stunning, professional art studio and a darling guesthouse set amongst a variety of fruit trees, lovely fountains, and raised vegetable and herb beds. All of this leaves you feeling like you are miles away from it all, yet you are just blocks from downtown Ojai. Delightful and appealing, this Ojai oasis will capture you with its charm!

Last Agent to Sell the Property

Michelle Cook

Berkshire Hathaway HomeServices California Properties Listed on: 10/24/2018

Last Buyer's Agent

Char Michaels

LIV Sotheby's International Realty Ojai

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 10,164 Sq Ft Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Property is in good condition

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,047 Sq Ft Home
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Art Studio
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • 220 Volts In Laundry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Enclosed Patio or Porch
  • Additional Residence on Property
  • City Lot

Community Details

  • 3 Units
  • Bard Sub/Ojai Rho Community

Listing and Financial Details

  • Assessor Parcel Number 022-0-090-300

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

10,164 Sq Ft Lot

Listing Details

  • Directions: Main Street in Ojai to Montgomery. Left onto Montgomery Right onto Grand Ave. Property on the Right.
  • Prop. Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, In Garage
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Good
  • Property Information Year Built2: 1959
  • Property Information Total #Units: 3
  • Property Information Apx # Acres: 0.23
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2047.0
  • Rooms Art Studio2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s) Dining Room2: Yes
  • Property Information Apx Lot SqFt: 10164.0
  • Condition Good2: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Bard Sub/Ojai Rho
  • Other Buildings Second Residence2: Yes
  • Laundry In Garage2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Rooms Patio Enclosed2: Yes
  • Cooling Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, 2, LR

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding, Stucco
  • Acres: 0.23
  • Topography: Level
  • Exterior Features: Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: Window Unit(s), Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 022-0-090-300
  • Zoning: R-1
  • Lot Size Sq Ft: 10164.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Jan 21, 2019
Sold by
Rothschild Gloria L and The Gloria L Rothschild Trust
Bought by
Paprocki Matthew and Coplan Amanda
Seller's Agent
Michelle Cook
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Char Michaels
LIV Sotheby's International Realty Ojai
List Price
$1,349,000
Sold Price
$1,275,000
Premium/Discount to List
-$74,000
-5.49%
Current Estimated Value
$1,478,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,069
Avg. Annual Appreciation
2.14%
Original Mortgage
$1,020,000
Outstanding Balance
$875,597
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$602,472

Purchase Details

Closed on
Dec 1, 2010
Sold by
Rothschild Gloria L
Bought by
Rothschild Gloria L

Purchase Details

Closed on
Apr 2, 2010
Sold by
Bennett Sondra Lee
Bought by
Rothschild Gloria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2006
Sold by
Bennett Sondra
Bought by
Bennett Sondra Lee

Purchase Details

Closed on
Jun 3, 2002
Sold by
Draper Douglas L
Bought by
Bennett Sondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Paprocki Matthew $1,275,000 First American Title Co
Rothschild Gloria L -- None Available
Rothschild Gloria L $635,000 First American Title Company
Bennett Sondra Lee -- None Available
Bennett Sondra $471,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paprocki Matthew $1,020,000
Previous Owner Rothschild Gloria L $200,000
Previous Owner Bennett Sondra $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2019 02/20/19 Sold $1,275,000 -5.5% $623 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $1,349,000 -- $659 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $17,548 $1,422,283 $924,764 $497,519
2024 $17,548 $1,394,396 $906,632 $487,764
2023 $16,947 $1,367,055 $888,855 $478,200
2022 $16,702 $1,340,250 $871,426 $468,824
2021 $16,608 $1,313,971 $854,339 $459,632
2020 $16,203 $1,300,500 $845,580 $454,920
2019 $6,254 $377,734 $271,754 $105,980
2018 $6,179 $370,328 $266,426 $103,902
2017 $6,080 $363,067 $261,202 $101,865
2016 $5,432 $355,949 $256,081 $99,868
2015 $5,304 $350,605 $252,236 $98,369
2014 $4,967 $343,739 $247,296 $96,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3856

Santa Barbara Multiple Listing Service

APN: 022-0-090-300

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