NOT LISTED FOR SALE

523 N Rice Rd Ojai, CA 93023

Mira Monte Neighborhood

Estimated Value: $1,238,112 - $1,345,000

3 Beds
1.5 Baths
1,766 Sq Ft
$717/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $1,240,000 $702 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,332/month

100 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • 0.94 Acre Lot
  • Horse Property
  • RV Access or Parking
  • Bluff View

About This Home

As of February 2024

The boasting feature of this unique property is the magical view of the beautiful Los Padres National Forest and the Ventura River Preserve. Conveniently located between the Riverview Trailhead and the Oso Road Equestrian Trailhead. Per the county assessor, this horse property is just shy of a full acre, 40,860. The home was built in the 1930s, according to public records. It maintains a few of the original features. Woodburning fireplace and vaulted wood beam ceilings. There is a detached garage with an attached quaint garden room, RV space with electric hookups, and plenty of outdoor living. Contractor Up, imagine and restore what this home could be again. Some previous alterations do not reflect county records. This home is located in the unincorporated area of the Ojai Valley, away from the congestion of weekend crowds. Close to downtown Meiners Oaks, 4 miles from Lake Casitas and about 3 miles from the Ojai Arcade.

Last Agent to Sell the Property

Russell Boyd

Sun Coast R. E.Downtown License #02074486 Listed on: 10/04/2023

Co-Listed By

Janice Boyd

Sun Coast R. E.Downtown License #01206943

Last Buyer's Agent

Chuck Menzel

LIV Sotheby's International License #01943965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 1930

Lot Details

  • 0.94 Acre Lot
  • Rural Setting
  • Fenced
  • Landscaped
  • No Sprinklers
  • Lawn
  • Property is zoned RE-1

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Bluff
  • Mountain
  • Meadow

Home Design

  • Major Repairs Completed
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Concrete Flooring
  • Tile Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Horse Property
  • Screened Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Tract Number 10
  • Assessor Parcel Number 0110020110

Community Details

Overview

  • No Home Owners Association
  • Ojai: Other Subdivision
  • Community Lake
  • Near a National Forest

Recreation

  • Golf Course Community
  • Fishing
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,797

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RE-1
  • Property Condition: Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0110020110
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1766.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Accessibility Features: Parking
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 752.55
  • Room Type: Living Room, All Bedrooms Down
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s), Storage
  • View: Bluff, Meadow, Mountain(s)
  • Fence: Yes
  • Patio And Porch Features: Brick, Screened Porch, Rear Porch, Patio Open
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Driveway, RV Hook-Ups, RV Gated, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Rural, Lake, Horse Trails, Hiking, Fishing, Golf, Blm/National Forest

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property, Lot Over 40000 Sqft, Sprinklers None, Landscaped, Lawn
  • Lot Size Sq Ft: 40860.00
  • Lot Size Acres: 0.9380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 40860.0000 Square Feet

Tax Info

  • Tax Tract Number: 10.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Young Russell
Bought by
Russell Young Trust and Young
Current Estimated Value
$1,266,778

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jan 25, 2024
Sold by
Andersen Children Trust
Bought by
Young Russell
Seller's Agent
Russell Boyd
Sun Coast R. E.Downtown
Buyer's Agent
Chuck Menzel
LIV Sotheby's International
List Price
$1,650,000
Sold Price
$1,240,000
Premium/Discount to List
-$410,000
-24.85%
Views
220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$992,000
Interest Rate
6.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Russell Young Trust -- None Listed On Document
Young Russell $1,240,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Russell $992,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $1,240,000 -6.7% $702 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $1,329,000 -19.5% $753 / Sq Ft
10/04/2023 10/04/23 For Sale $1,650,000 -- $934 / 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 $5,797 $1,264,800 $822,120 $442,680
2024 $5,797 $537,948 $334,076 $203,872
2023 $451 $46,008 $14,620 $31,388
2022 $442 $45,106 $14,333 $30,773
2021 $438 $44,222 $14,052 $30,170
2020 $427 $43,770 $13,909 $29,861
2019 $413 $42,913 $13,637 $29,276
2018 $409 $42,072 $13,370 $28,702
2017 $399 $41,248 $13,108 $28,140
2016 $391 $40,440 $12,851 $27,589
2015 $388 $39,835 $12,659 $27,176
2014 $369 $39,057 $12,412 $26,645
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Russell Boyd

    Sun Coast R. E.Downtown

    (805) 746-1368

    1 in this area

    12 Total Sales

    Russell Boyd
    Section Image
  • Janice Boyd

    Seller Co-Listing Agent in 2024

    Janice Boyd

    Sun Coast R. E.Downtown

    (805) 320-6365

    1 in this area

    3 Total Sales

    Janice Boyd
    Section Image
  • Chuck Menzel

    Buyer's Agent in 2024

    Chuck Menzel

    LIV Sotheby's International

    (805) 320-3308

    3 in this area

    39 Total Sales

    Chuck Menzel
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-20302

Ventura County Regional Data Share

APN: 011-0-020-110

California Ventura County Ojai 93023 Mira Monte

523 N Rice Rd, Ojai, CA

This home is located at 523 N Rice Rd, Ojai, CA 93023 since 04 October 2023 and is currently estimated at $1,266,778, approximately $717 per square foot. This property was built in 1930. 523 N Rice Rd is a home located in Ventura County with nearby schools including Meiners Oaks Elementary School, Matilija Junior High, and Legacy High School.

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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