NOT LISTED FOR SALE

545 Ojai Rd Santa Paula, CA 93060

Estimated Value: $672,000 - $701,000

4 Beds
3 Baths
1,406 Sq Ft
$490/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $575,000 $409 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,206/month

22 Days on Market

Highlights

  • RV Access or Parking
  • Custom Home
  • Park
  • Active Adult
  • Lawn
  • Laundry Room

About This Home

As of December 2021

GREAT INCOME & CONVENIENT LOCATION!This parcel has 3 incomes. The original 4 bedroom 2 bath home is presently rented as a duplex with 2 bedrooms and 1 bath on each side whose addresses are 545 Ojai Rd. units A & B. The garage has been converted to living quarters and is the 3rd income with the address of 545-C consisting of 1 bedroom and 1 bath. There is on-site parking for all units, however, there is no garage. These rentals also have a common, coin operated, laundry facility which is owned/maintained by the landlord. Each unit has its own private entry and there front, side rear yard(s) & patio areas. A possible option may be to live in your own 4 bedroom 2 bath home and possibly have a friend family member in 545-C?? What will work best for you? Possible R.V. parking, too, which would be great for an owner-occupied dwelling!

Last Agent to Sell the Property

Judy Ohaco

Century 21 Masters License #00512678 Listed on: 09/06/2021

Century 21 Masters

Last Buyer's Agent

Monique Mejia

Lotus Group Real Estate License #02062114

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,800 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • No Sprinklers
  • Lawn
  • Front Yard

Home Design

  • Triplex
  • Custom Home
  • Raised Foundation
  • Slab Foundation
  • Asbestos Shingle Roof

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Parking Available
  • On-Street Parking
  • Uncovered Parking
  • RV Access or Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Assessments
  • Cable TV Available

Additional Features

  • Gas Range
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1010104195

Community Details

Overview

  • Active Adult
  • 2 Buildings
  • Santa Paula: Other 0052 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Electric Expense $1,726
  • Gardener Expense $1,200
  • Insurance Expense $901
  • Other Expense $1,062
  • Trash Expense $649
  • Water Sewer Expense $3,356
  • Operating Expense $7,993
  • Gross Income $39,180
  • Net Operating Income $29,231

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

7,800 Sq Ft Lot

Listing Details

  • Assessments: No
  • Inclusions: Stoves & refrigerators in 545 B & C.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Santa Paula: Other - 0052
  • View: No
  • Water Sewer Expenses: 3356.00
  • Architectural Style: Custom Built
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 1010104195
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl
  • Appliances: Yes

Exterior Features

  • Direction Faces: West
  • Foundation: Slab, Raised
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: RV Access/Parking, On Site, Uncovered, Street
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Outside, Individual Room
  • Sewer: Sewer Assessments, Public Sewer
  • Trash Expense: 649.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Park

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Sprinklers None, Walkstreet, Level, Lawn
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1791

Rental Info

  • Tenant Pays: Electricity, None, Gas

Multi Family

  • Electric Expense: 1726.00
  • Gross Income: 39180.00
  • Gross Scheduled Income: 39180.00
  • Insurance Expense: 901.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7800.0000 Square Feet
  • Net Operating Income: 29231.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 7793.00
  • Other Expense: 1062.00
  • Other Expense Description: Gas. Figs. do not include Ins., Taxes, Reserves.
  • Rent Control: No
  • Total Expenses: 7993.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Dec 1, 2021
Sold by
Gomez-Ordaz Maria Guadalupe
Bought by
Islas Gerardo Paredes
Seller's Agent
Judy Ohaco
Century 21 Masters
Buyer's Agent
Monique Mejia
Lotus Group Real Estate
List Price
$555,000
Sold Price
$575,000
Premium/Discount to List
$20,000
3.6%
Current Estimated Value
$689,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,123
Avg. Annual Appreciation
4.31%
Original Mortgage
$448,000
Outstanding Balance
$411,932
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$277,191

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 8, 2021
Sold by
Colvard Family Revocable Trust and The Colvard Family Survivor S
Bought by
Islas Gerardo Paredes
Seller's Agent
Judy Ohaco
Century 21 Masters
Buyer's Agent
Monique Mejia
Lotus Group Real Estate
List Price
$555,000
Sold Price
$575,000
Premium/Discount to List
$20,000
3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$411,932
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$277,191

Purchase Details

Closed on
Aug 10, 2021
Sold by
Genelle Colvard Margaret
Bought by
Colvard Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
2.99%

Purchase Details

Closed on
Sep 7, 2017
Sold by
Colvard Margaret Genelle and The Colvard Family Revocable T
Bought by
Colvard Margaret Genelle and Colvard Stephen Randall

Purchase Details

Closed on
May 22, 2008
Sold by
Colvard Buddy Ray and Colvard Margaret Genelle
Bought by
Colvard Buddy Ray and Colvard Margaret Genelle

Purchase Details

Closed on
Jun 12, 2007
Sold by
Colvard Buddy Ray and Colvard Margaret Genelle
Bought by
Colvard Buddy Ray and Colvard Margaret Genelle

Purchase Details

Closed on
Mar 18, 1999
Sold by
Colvard Family Trust and Ray Buddy
Bought by
Colvard Buddy Ray and Colvard Margaret Genelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Islas Gerardo Paredes -- Lawyers Title
Islas Gerardo Paredes $575,000 Lawyers Title
Colvard Family Revocable Trust -- --
Colvard Margaret Genelle -- None Available
Colvard Buddy Ray -- None Available
Colvard Buddy Ray -- Lawyers Title Company
Colvard Buddy Ray -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islas Gerardo Paredes $448,000
Previous Owner Islas Gerardo Paredes $448,000
Previous Owner Colvard Buddy Ray $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $575,000 +3.6% $409 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $555,000 -3.5% $395 / Sq Ft
09/09/2021 09/09/21 Off Market $575,000 -- --
09/06/2021 09/06/21 For Sale $555,000 -- $395 / Sq Ft
Source: Ventura County Regional Data Share

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 $6,970 $610,194 $396,892 $213,302
2024 $6,970 $598,230 $389,110 $209,120
2023 $6,824 $586,500 $381,480 $205,020
2022 $6,628 $575,000 $374,000 $201,000
2021 $1,964 $162,642 $47,825 $114,817
2020 $1,955 $160,977 $47,336 $113,641
2019 $1,850 $157,821 $46,408 $111,413
2018 $1,828 $154,728 $45,499 $109,229
2017 $1,848 $151,695 $44,607 $107,088
2016 $1,740 $148,722 $43,733 $104,989
2015 $1,666 $146,490 $43,077 $103,413
2014 $1,691 $143,623 $42,234 $101,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-8235

Ventura County Regional Data Share

APN: 101-0-104-195

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