NOT LISTED FOR SALE

628 Riverside St Ventura, CA 93001

Westside Neighborhood

Estimated Value: $1,368,000 - $1,543,000

-- Bed
-- Bath
3,804 Sq Ft
$388/Sq Ft Est. Value

Last Sold August 18, 2015

Last sale price $749,000 $197 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,572/month

17 Days on Market

About This Home

As of August 2015

1989 built 3-story cash flowing Ventura triplex w/ BIG units inc. (2) 4BD/2BA & (1) 3BD/2BA units totaling 3,804 SF on a corner lot.The Ocean Breeze Apartments is priced to sell and is located less than 1M from downtown and 2 miles from Ventura Pier. 11.78 GRM, $197/SF, 5.15% CAP Rate. Each apartment has a 1-car garage and laundry hookups. Separate electric, gas meters.

Last Agent to Sell the Property

Nick Henry

The Channel Group Listed on: 07/08/2015

Last Buyer's Agent

Nick Henry

Beachside Partners License #01748131

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,584

Year Built

  • Built in 1989

Lot Details

  • 7,492

Parking

  • 7 Car Garage

Additional Features

  • 3-Story Property
  • Individual Gas Meter

Community Details

  • 3 Units
  • Gross Income $63,600

Listing and Financial Details

  • Assessor Parcel Number 071-0-051-340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,584

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1989
  • Income Expenses Annual Income: 63600.0
  • Capitalization Rate: 5.15
  • Gross Rent Multiplier: 11.78
  • Monthly Income: 5300.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 7.0
  • Building Stories: 3
  • ResoLaundryFeatures: Other
  • Garage Yn: Yes
  • Property Information Year Built2: 1989
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • General Property Information Stories2: 3.0
  • Parking Info Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Garage/Parking

  • Parking Features: Garages
  • Total Parking Spaces: 7.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 071-0-051-340
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 63600.0
  • Total Actual Rent: 5300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2019
Sold by
Linnett Mark P and Linnett Joyce L
Bought by
Linnett Properties Llc
Current Estimated Value
$1,474,857

Purchase Details

Listed on
Jul 8, 2015
Closed on
Jul 20, 2015
Sold by
Easton Place Lp
Bought by
Linnett Living Trust and Linnett Joyce
Seller's Agent
Nick Henry
The Channel Group
Buyer's Agent
Nick Henry
The Channel Group
List Price
$749,000
Sold Price
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Aug 8, 2011
Sold by
Donohoo Jane M
Bought by
Easton Place L P

Purchase Details

Closed on
Dec 13, 2006
Sold by
Jal Properties Llc
Bought by
Donohoo Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.33%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 20, 2006
Sold by
Donohoo Jane M
Bought by
Jal Properties Llc

Purchase Details

Closed on
Apr 29, 2005
Sold by
Cronk Peter Allen
Bought by
Donohoo Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 1996
Sold by
Lacroix Leonard A and Lacroix Susan L
Bought by
Lacroix Leonard A and Lacroix Susan L

Purchase Details

Closed on
Jan 9, 1995
Sold by
Bruns Ronald A and Bruns Karen C
Bought by
Lacroix Leonard and Lacroix Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,012
Interest Rate
5.95%
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
Linnett Properties Llc -- None Available
Linnett Living Trust $749,000 First American Title Company
Easton Place L P $441,000 None Available
Donohoo Jane M -- Lawyers Title Company
Jal Properties Llc -- None Available
Donohoo Jane M $925,000 Lawyers Title Company
Lacroix Leonard A -- --
Lacroix Leonard $241,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donohoo Jane M $637,500
Previous Owner Donohoo Jane M $525,000
Previous Owner Lacroix Leonard $181,012
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2015 08/18/15 Sold $749,000 0.0% $197 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $749,000 -- $197 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $9,584 $886,658 $503,112 $383,546
2024 $9,584 $869,273 $493,247 $376,026
2023 $9,468 $852,229 $483,576 $368,653
2022 $8,814 $835,519 $474,094 $361,425
2021 $8,645 $819,137 $464,798 $354,339
2020 $8,562 $810,739 $460,033 $350,706
2019 $8,404 $794,843 $451,013 $343,830
2018 $8,264 $779,259 $442,170 $337,089
2017 $8,089 $763,980 $433,500 $330,480
2016 $7,931 $749,000 $425,000 $324,000
2015 $5,045 $470,293 $209,019 $261,274
2014 $4,963 $461,083 $204,926 $256,157
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Nick Henry

    The Channel Group

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2263

Santa Barbara Multiple Listing Service

APN: 071-0-051-340

California Ventura County Ventura 93001 Westside

628 Riverside St, Ventura, CA

Not Listed for Sale

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