NOT LISTED FOR SALE

637 Sheridan Way Ventura, CA 93001

Westside Neighborhood

Estimated Value: $877,000 - $1,410,000

2 Beds
1 Bath
1,347 Sq Ft
$827/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $900,000 $668 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,751/month

Highlights

  • 0.29 Acre Lot
  • Carpet
  • 1-Story Property
  • Ventura High School Rated A-

About This Home

As of December 2020

Recently-approved 10-unit residential development for sale in Ventura! Unique acquisition opportunity features an existing 3 bed/ 1 bath home on a 12,500-sf lot, with an approved 10 unit/rooftop deck development consisting of 5,580 sf. Currently occupied with M-to-M tenant paying $2,800 monthly. Take advantage of this fantastic Westside Ventura location, ideally situated between Los Angeles and Santa Barbara Counties. Westside Ventura features abundant shopping, dining and entertainment, right at your doorstep. Close proximity to beaches, State Fairgrounds, and Downtown.

Last Agent to Sell the Property

Jeffrey Becker

The Becker Group, Inc. License #00881716 Listed on: 05/04/2020

Last Buyer's Agent

Jeffrey Becker

The Becker Group, Inc. License #00881716 Listed on: 05/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,520

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Land Lease

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Carpet

Utilities

  • No Hot Water

Listing and Financial Details

  • Assessor Parcel Number 0710051350

Community Details

Overview

  • Ventura Ave 0208 Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,520

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Ventura Ave - 1001402
  • Zoning: R3-5
  • Property Type: Residential Income
  • Parcel Number: 0710051350
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Appliances: No Hot Water

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 12605.00
  • Lot Size Acres: 0.2900

Multi Family

  • Lot Size Area: 12605.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Nov 21, 2020
Sold by
Rothman Ventures Llc
Bought by
Wilson Kenneth and Wilson Alison
Seller's Agent
Jeffrey Becker
The Becker Group, Inc.
Buyer's Agent
Jeffrey Becker
The Becker Group, Inc.
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%
Current Estimated Value
$1,114,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,566
Avg. Annual Appreciation
4.44%
Original Mortgage
$582,000
Outstanding Balance
$516,959
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$597,607

Purchase Details

Listed on
Sep 22, 2017
Closed on
Apr 3, 2018
Sold by
Conterras Ladislado and Conterras Maria E
Bought by
Rothman Ventures Llc
Seller's Agent
Dolly Bovee
Realty ONE Group Summit
Buyer's Agent
Jason Walters
eXp Realty of California Inc
List Price
$540,000
Sold Price
$500,000
Premium/Discount to List
-$40,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.04%

Purchase Details

Closed on
Nov 3, 2011
Sold by
Contreras Ladislado
Bought by
The Contreras Revocable Living Trust and Contreras Maria E

Purchase Details

Closed on
Sep 30, 1997
Sold by
Contreras Maria E Lopez
Bought by
Contreras Ladislado

Purchase Details

Closed on
Jun 23, 1997
Sold by
Bender Charles James
Bought by
Bender Jeanie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
4.95%

Purchase Details

Closed on
Jun 4, 1997
Sold by
Bender Jeanie E and Bemder Jeanie E
Bought by
Contreras Ladislado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
4.95%

Purchase Details

Closed on
Feb 5, 1997
Sold by
Youngquist Margaret L and Youngquist Beverly J
Bought by
Bemder Jeanie E

Purchase Details

Closed on
Dec 29, 1994
Sold by
Tornabene Penny L
Bought by
Youngquist Margaret L
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
Wilson Kenneth $900,000 Lawyers Title Vn
Rothman Ventures Llc $500,000 Chicago Title Co
The Contreras Revocable Living Trust -- None Available
Contreras Ladislado -- Chicago Title Co
Bender Jeanie E -- Chicago Title Co
Contreras Ladislado $113,000 Chicago Title Co
Bemder Jeanie E -- --
Youngquist Margaret L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Kenneth $582,000
Previous Owner Contreras Ladislado $101,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2020 12/17/20 Sold $900,000 -10.0% $668 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $1,000,000 +100.0% $742 / Sq Ft
05/02/2018 05/02/18 Sold $500,000 -7.4% $521 / Sq Ft View Prior Sale
03/30/2018 03/30/18 Pending -- -- --
09/22/2017 09/22/17 For Sale $540,000 -- $563 / 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 $10,520 $974,188 $633,223 $340,965
2024 $10,520 $955,087 $620,807 $334,280
2023 $10,393 $936,360 $608,634 $327,726
2022 $9,675 $918,000 $596,700 $321,300
2021 $9,489 $900,000 $585,000 $315,000
2020 $5,540 $520,200 $338,130 $182,070
2019 $5,438 $510,000 $331,500 $178,500
2018 $2,543 $231,533 $140,321 $91,212
2017 $2,491 $226,994 $137,570 $89,424
2016 $2,444 $222,544 $134,873 $87,671
2015 $2,345 $219,204 $132,849 $86,355
2014 $2,307 $214,912 $130,248 $84,664
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Becker

    Seller's Agent in 2020

    Jeffrey Becker

    The Becker Group, Inc.

    (805) 653-6794

    4 in this area

    15 Total Sales

    Jeffrey Becker
    Section Image

  • D

    Seller's Agent in 2018

    Dolly Bovee

    Realty ONE Group Summit

    (805) 807-0800

    8 in this area

    17 Total Sales

    Dolly Bovee
    Section Image
  • Jason Walters

    Buyer's Agent in 2018

    Jason Walters

    eXp Realty of California Inc

    (805) 222-3706

    2 in this area

    125 Total Sales

    Jason Walters
    Section Image
  • Melissa Hunter

    Buyer Co-Listing Agent in 2018

    Melissa Hunter

    eXp Realty of California Inc

    (805) 330-6155

    81 Total Sales

    Melissa Hunter
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-220004461

Ventura County Regional Data Share

APN: 071-0-051-350

California Ventura County Ventura 93001 Westside

637 Sheridan Way, Ventura, CA

Not Listed for Sale

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