NOT LISTED FOR SALE

5450 Foothill Rd Ventura, CA 93003

College Neighborhood

Estimated Value: $1,692,000 - $2,467,000

1.56 Acres
$1,327,344 Price per Acre
67,954 Sq Ft Lot

Last Sold July 12, 2021

Last sale price $1,750,000 $1,103 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,559/month

Highlights

  • Ocean View
  • 1.56 Acre Lot
  • Chain Link Fence
  • Poinsettia Elementary School Rated A-

About This Lot

As of July 2021

Rare Ocean and Mountain View 5 Lot Subdivision. Tentative tract map was approved by city. Zoning was changed from R1-1AC to RPD-4. Owner has designed a beautiful Spanish Contemporary style home ready at the city to pull permits with minor corrections. Architect has been paid though buildout so he can consult . Lot size for that parcel is over 17,000 sq.ft. The other 4 lots range in size approx. 11,000 to over 13300 sq ft., thats over 1/4 acre each! Tremendous opportunity to build the first home and develop the rest of the lots at your leisure. Owners have spent hundreds of thousands getting this project approved. Not many ocean view level lots left on the Ventura Hillside. Water meter and sewer drainage easement in place . Build your dream home and develop your other lots for retirement income . So many possibilities.

Last Agent to Sell the Property

Fred Evans

RE/MAX Gold Coast REALTORS License #00893591 Listed on: 05/26/2021

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Fred Evans

RE/MAX Gold Coast REALTORS License #00893591 Listed on: 05/26/2021

RE/MAX Gold Coast REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,744

Lot Details

  • 1.56 Acre Lot
  • Chain Link Fence
  • No Sprinklers
  • Density is 2-5 Units/Acre
  • Property is zoned RPD-4

Property Views

  • Ocean
  • Mountain
  • Valley

Location

  • Suburban Location

Community Details

  • Ventura: Other Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 0820030120

Property Details

Property Type

Land

Est. Annual Taxes

$19,744

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: All Reports to date since inception.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Ventura: Other
  • View: Yes
  • Zoning: RPD-4
  • Property Type: Land
  • Parcel Number: 0820030120
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 25.78

Exterior Features

  • Soil Type: Report
  • View: Mountain(s), Ocean, Valley
  • Fence: Yes
  • Fencing: Chain Link

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Sprinklers None
  • Lot Size Sq Ft: 67893.00
  • Lot Size Acres: 1.5600

Multi Family

  • Lot Size Area: 67893.0000 Square Feet

Tax Info

  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Golden Bros Llc
Bought by
City Of San Buenaventura
Current Estimated Value
$2,070,657

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 4, 2021
Sold by
Cairns Christopher and Cairns Nancy
Bought by
Golden Bros Llc
Seller's Agent
Fred Evans
RE/MAX Gold Coast REALTORS
Buyer's Agent
Fred Evans
RE/MAX Gold Coast REALTORS
List Price
$1,900,000
Sold Price
$1,750,000
Premium/Discount to List
-$150,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%

Purchase Details

Listed on
Jan 7, 2016
Closed on
Nov 17, 2016
Sold by
Reeder Donald W and Reeder Patrick J
Bought by
Cairns Christopher and Cairns Nancy
Seller's Agent
David Remedios
RE/MAX Gold Coast REALTORS
Buyer's Agent
J.K. Mondol
Comfort Real Estate Services, Inc.
List Price
$1,650,000
Sold Price
$1,250,000
Premium/Discount to List
-$400,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 1999
Sold by
Reeder Margaret M and The Reeder Family Revocable Tr
Bought by
Reeder Margaret M and The Reeder Survivors A Trust
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
City Of San Buenaventura -- None Listed On Document
Golden Bros Llc $1,750,000 First American Title Company
Cairns Christopher $1,250,000 First American Title Company
Reeder Margaret M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cairns Christopher $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2021 07/12/21 Sold $1,750,000 -7.9% $1,103 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,900,000 +8.6% $1,198 / Sq Ft
05/27/2021 05/27/21 Off Market $1,750,000 -- --
05/26/2021 05/26/21 For Sale $1,900,000 +52.0% $1,198 / Sq Ft
12/28/2016 12/28/16 Sold $1,250,000 0.0% $788 / Sq Ft View Prior Sale
12/28/2016 12/28/16 Sold $1,250,000 -24.2% $625 / Sq Ft View Prior Sale
12/23/2016 12/23/16 Pending -- -- --
12/23/2016 12/23/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $1,650,000 0.0% $825 / Sq Ft
09/01/2015 09/01/15 For Sale $1,650,000 -- $1,040 / 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 $19,744 $1,857,114 $1,857,114 --
2024 $19,744 $1,820,700 $1,820,700 --
2023 $19,520 $1,785,000 $1,785,000 $0
2022 $18,158 $1,750,000 $1,750,000 $0
2021 $6,026 $579,500 $579,500 $0
2020 $5,944 $571,000 $571,000 $0
2019 $5,748 $555,000 $555,000 $0
2018 $5,711 $550,000 $550,000 $0
2017 $13,044 $1,250,000 $812,500 $437,500
2016 $1,228 $107,566 $62,067 $45,499
2015 $1,209 $105,952 $61,136 $44,816
2014 $1,193 $103,879 $59,940 $43,939
Source: Public Records

Agents Affiliated with this Home

  • Fred Evans

    Seller's Agent in 2021

    Fred Evans

    RE/MAX

    (805) 339-3502

    12 in this area

    156 Total Sales

    Fred Evans
    Section Image
  • David Remedios

    Seller's Agent in 2016

    David Remedios

    RE/MAX

    (805) 340-0922

    13 in this area

    153 Total Sales

    David Remedios
    Section Image
  • J.K. Mondol

    Buyer's Agent in 2016

    J.K. Mondol

    Comfort Real Estate Services, Inc.

    (805) 657-1238

    2 in this area

    11 Total Sales

    J.K. Mondol
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-6050

Ventura County Regional Data Share

APN: 082-0-030-120

California Ventura County Ventura 93003 College

5450 Foothill Rd, Ventura, CA

Not Listed for Sale

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