NOT LISTED FOR SALE
2 Beds
2 Baths
1,053 Sq Ft
8,051 Sq Ft Lot

Sale Details

Date Sold: May 24, 2021

Last sale price $825,000 $783 Per Sq Ft

8 Days on Market

Highlights

  • Park
  • Garden
  • Chain Link Fence
  • Cabrillo Middle School Rated A-
  • Bike Trail
  • Wall Furnace

About This Home

As of May 2021

Welcome to 519 -521 Arcade Drive. Here's your opportunity to own a duplex that's less than one mile away from the beach, you can't live much closer without residing in Pierpont Beach itself at a much higher price. These two 1 bedroom/1 bath units offers the character and charm of the early to midcentury era. There may be the possibility of adding an additional unit (buyer to verify with city) with its R-3-5 zoning on a spacious 8,051 s/ft lot. These units feature cozy living area, bedroom, bathroom, laundry, dine-in kitchen, patio space, and each unit with a one car garage to the rear. Large backyard space with numerous possibilities. Property needs a little TLC but has a tremendous upside. Don't miss out on this one with its convenient location close to beaches, downtown, and easy commuter access.

Last Agent to Sell the Property

Eric Evarts

RE/MAX Gold Coast REALTORS License #01253434 Listed on: 04/15/2021

Last Buyer's Agent

Brittney Ferro

Keller Williams Santa Barbara License #01708004

Keller Williams Santa Barbara
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 8,051 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • No Sprinklers
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Shared Driveway
  • Driveway Level

Interior Spaces

  • 1-Story Property
  • Free-Standing Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Tract Number 28
  • Assessor Parcel Number 0750162130

Community Details

Overview

  • 2 Units
  • Arcade 0233 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $10,313
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

8,051 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R-3-5
  • Property Type: Residential Income
  • Parcel Number: 0750162130
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Driveway Level, Shared Driveway, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Park, Dog Park, Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Garden, Sprinklers None, Front Yard
  • Lot Size Sq Ft: 8051.00
  • Lot Size Acres: 0.1848

Multi Family

  • Gross Income: 45600.00
  • Lot Size Area: 8051.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Other Expense Description: ## Expenses to follow
  • Other Income Description: ## To Follow
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10313.00
  • Tax Tract Number: 28.00

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

Listed on
Apr 15, 2021
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Eric Evarts
RE/MAX Gold Coast REALTORS
Buyer's Agent
Brittney Ferro
Keller Williams Santa Barbara
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,250
Outstanding Balance
$621,822
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2000
Sold by
Bought by

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
7.96%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Bought by

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
7.96%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$825,000 Fidelity National Title
$541,000 Fidelity National Title
$600,000 Stewart Title
$250,000 Lawyers Title Company
-- Lawyers Title Company
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 $325,000
Open $701,250
Previous Owner $393,000
Previous Owner $405,750
Previous Owner $408,000
Previous Owner $400,000
Previous Owner $211,000
Previous Owner $200,000
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
05/24/2021 05/24/21 Sold $825,000 0.0% $783 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $825,000 -- $783 / 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 $9,649 $893,005 $676,520 $216,485
2024 $9,649 $875,496 $663,255 $212,241
2023 $9,532 $858,330 $650,250 $208,080
2022 $8,874 $841,500 $637,500 $204,000
2021 $6,155 $580,059 $493,212 $86,847
2020 $6,096 $574,112 $488,155 $85,957
2019 $5,984 $562,856 $478,584 $84,272
2018 $5,885 $551,820 $469,200 $82,620
2017 $5,761 $541,000 $460,000 $81,000
2016 $5,540 $520,000 $450,000 $70,000
2015 $6,297 $590,000 $450,000 $140,000
2014 $6,210 $580,000 $450,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-5158

Ventura County Regional Data Share

APN: 075-0-162-130

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