NOT LISTED FOR SALE

Estimated Value: $814,839 - $910,000

2 Beds
2 Baths
1,478 Sq Ft
$400/mo HOA Fee

Last Sold August 30, 2024

Last sale price $860,000 $582 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,699/month

146 Days on Market

Highlights

  • Ocean View
  • No Units Above
  • Updated Kitchen
  • Property has ocean access
  • Rooftop Deck
  • Open Floorplan

About This Home

As of August 2024

Welcome to Coastal Paradise at 5519 Driftwood! Indulge in the ultimate beach lifestyle with this newly listed gem, where breathtaking views and sandy shores are just a 100-yard stroll away. Nestled within a pristine 5-unit complex, 5519 Driftwood boasts permanent ocean vistas that will leave you in awe. Recently remodeled to perfection, this two-story unit exudes coastal charm and modern elegance. As you step inside, high-end vinyl plank flooring guides you through the spacious living areas, adorned with natural light pouring in from every angle. The heart of the home is the remodeled kitchen, featuring white shaker cabinetry with soft-close doors and drawers, luxurious quartz countertops, designer tile backsplash, and sleek stainless steel appliances. Both bathrooms have undergone a stunning transformation, showcasing custom tile work, black light and plumbing fixtures, and premium hardware. With two private balconies, each bedroom offers a serene retreat to enjoy the ocean breeze. Ascend the spiral stairway to discover a sprawling second level, complete with a versatile space, closet, and two expansive decks - ideal for entertaining under the sun or stargazing by night. This coastal haven is equipped with modern comforts, including a brand-new furnace, ceiling fans in bedrooms, newer water heater, dual pane windows, and all-new interior doors and hardware. Convenient amenities such as an inside laundry closet, one-car garage, and assigned parking add to the ease of beach living. Perfect as a primary residence for a young couple, active retirees, or anyone in between, 5519 Driftwood offers an unparalleled coastal living experience. Alternatively, it serves as a great second home for weekend getaways, ensuring every moment is filled with relaxation and adventure. Don't miss your chance to embrace the California dream every day.

Last Agent to Sell the Property

Ali Abree

RE/MAX Gold Coast REALTORS Brokerage Phone: (805) 218-1200 License #01378386 Listed on: 03/15/2024

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Sharon Martin

Glasshouse Properties License #01159396

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,215

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • Property fronts an alley
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • No Sprinklers

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • Assigned Parking

Property Views

  • Ocean
  • Mountain
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,478 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Loft

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Convection Oven
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Property has ocean access
  • Rooftop Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Tax Tract Number 36
  • Assessor Parcel Number 1910260055

Community Details

Overview

  • Master Insurance
  • 5 Units
  • Sea And Surf Association, Phone Number (805) 405-5236

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,215

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1910260055
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1478.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters, Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Entry Location: Second Level - Above Garages
  • Common Walls: 1 Common Wall, No One Below, No One Above, End Unit
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Area
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Price Per Square Foot: 575.10
  • Room Type: Family Room, Kitchen, Loft
  • Window Features: Double Pane Windows
  • Bathroom Features: Remodeled, Exhaust Fan(s), Quartz Counters, Shower, Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen, Kitchen Open To Family Room, Self-Closing Drawers, Self-Closing Cabinet Doors, Quartz Counters, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Mountain(s), Neighborhood, Water, Ocean
  • Fence: No
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage - Single Door
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Convection Oven, Water Heater, Range Hood, Free-Standing Range
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: In Closet, Dryer Included, Washer Included, Stackable, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Water, Trash, Sewer
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Sea and Surf
  • Phone: 805-405-5236
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Green Features

  • Efficiency: Lighting, Thermostat

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 5
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Tract: 273400
  • Tax Tract Number: 36.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Aug 2, 2024
Sold by
Gluck Steven J
Bought by
Arshagouni Michael and Rodriguez Ned
Seller's Agent
Ali Abree
RE/MAX Gold Coast REALTORS
Buyer's Agent
Sharon Martin
Glasshouse Properties
List Price
$929,900
Sold Price
$860,000
Premium/Discount to List
-$69,900
-7.52%
Views
59
Current Estimated Value
$865,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,960
Avg. Annual Appreciation
0.66%
Original Mortgage
$500,000
Outstanding Balance
$495,148
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$370,812

Purchase Details

Listed on
Sep 28, 2023
Closed on
Oct 24, 2023
Sold by
Scott Brian J and Adams Cinda
Bought by
Gluck Steven J
Seller's Agent
Constina Baylor
Truth Realty
Buyer's Agent
Ali Abree
RE/MAX Gold Coast REALTORS
List Price
$799,000
Sold Price
$665,000
Premium/Discount to List
-$134,000
-16.77%
Views
607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.55%
Original Mortgage
$545,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2012
Sold by
Heller Andrew M and Heller Linda S
Bought by
Scott Brian J and Scott Cinda Kay Adams

Purchase Details

Closed on
May 19, 2012
Sold by
Heller Andrew M and Heller Linda S
Bought by
Heller Andrew M and Heller Linda S

Purchase Details

Closed on
Dec 5, 2001
Sold by
Svensson Ove
Bought by
Heller Andrew M and Heller Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
7.15%

Purchase Details

Closed on
Nov 6, 2000
Sold by
Vontrampe Christopher J and Svensson Ove
Bought by
Svensson Ove

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.81%

Purchase Details

Closed on
Sep 3, 1998
Sold by
Jeffrey Mervis
Bought by
Vontrampe Christopher J and Svensson Ove

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
8.25%
Source: Public Records

Range of Values:

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Average Value
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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
Arshagouni Michael $860,000 Stewart Title Of California
Gluck Steven J $665,000 Stewart Title Of California
Scott Brian J $360,000 Equity Title Los Angeles
Heller Andrew M -- None Available
Heller Andrew M $283,000 Stewart Title
Svensson Ove $47,500 Lawyers Title Company
Vontrampe Christopher J $125,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arshagouni Michael $500,000
Previous Owner Scott Brian J $545,000
Previous Owner Heller Andrew M $226,400
Previous Owner Heller Andrew M $226,400
Previous Owner Svensson Ove $95,000
Previous Owner Vontrampe Christopher J $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $860,000 +1.2% $582 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $849,995 -5.6% $575 / Sq Ft
04/12/2024 04/12/24 Price Changed $899,990 -3.2% $609 / Sq Ft
03/14/2024 03/14/24 For Sale $929,900 +39.8% $629 / Sq Ft
12/04/2023 12/04/23 Sold $665,000 -11.3% $450 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $750,000 -6.1% $507 / Sq Ft
09/28/2023 09/28/23 For Sale $799,000 -- $541 / 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 $8,215 $860,000 $559,000 $301,000
2024 $8,215 $665,000 $432,000 $233,000
2023 $5,187 $426,086 $213,043 $213,043
2022 $5,031 $417,732 $208,866 $208,866
2021 $4,991 $409,542 $204,771 $204,771
2020 $5,084 $405,344 $202,672 $202,672
2019 $4,940 $397,398 $198,699 $198,699
2018 $4,871 $389,606 $194,803 $194,803
2017 $4,623 $381,968 $190,984 $190,984
2016 $4,462 $374,480 $187,240 $187,240
2015 $4,509 $368,858 $184,429 $184,429
2014 $4,460 $361,634 $180,817 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-22450

Ventura County Regional Data Share

APN: 191-0-260-055