NOT LISTED FOR SALE

640 S Seaward Ave Ventura, CA 93003

Midtown Neighborhood

Estimated Value: $845,695 - $1,162,000

2 Beds
2 Baths
1,488 Sq Ft
$678/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $590,000 $397 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,904/month

Highlights

  • Ocean View
  • RV Access or Parking
  • Lawn
  • Ventura High School Rated A-
  • Midcentury Modern Architecture
  • 1 Car Garage

About This Home

As of February 2019

Very well located property. Large lot over 6,000 Sq. Ft. Just a few blocks from the beach! Ocean views! Rents are low @ 1,200 and 1,150. Needs TLC. Property being sold in ''as is'' current condition. Units are in average condition. Close to the beach, many restaurants Marina Park, Ventura State Beach Park, surfing, sailing and vibrant Downtown Ventura. Excellent long term investment! 30 minutes from Santa Barbara and one hour from Los Angeles. Call LA for apt to show.

Last Agent to Sell the Property

James Wick

Keller Williams West Ventura C License #00860294 Listed on: 11/01/2018

Keller Williams West Ventura C

Last Buyer's Agent

James Wick

Keller Williams West Ventura C License #00860294 Listed on: 11/01/2018

Keller Williams West Ventura C

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,142

Year Built

  • Built in 1952

Lot Details

  • 6,153 Sq Ft Lot
  • South Facing Home
  • Rectangular Lot
  • Lawn

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • RV Access or Parking

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Midcentury Modern Architecture
  • Property Attached

Interior Spaces

  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0750162280

Community Details

Overview

  • 2 Units
  • Ventura: Other 0024 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,142

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R3-5
  • Architectural Style: Mid Century Modern, Ranch
  • Property Type: Residential Income
  • Parcel Number: 0750162280
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 436.16

Exterior Features

  • Direction Faces: South
  • View: Ocean, Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, RV Access/Parking
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Appliances: Gas Water Heater, Range
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Lawn, Rectangular Lot
  • Lot Size: 6,153
  • Lot Size Sq Ft: 6153.00
  • Lot Size Acres: 0.1413

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 740 Square Feet
  • Lot Size Area: 6153.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Tadros Bahgat N and Tadros Mona
Bought by
Elswifi Interprises Limited Partnership
Current Estimated Value
$1,009,424

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 12, 2018
Sold by
Hudson Lynda and The Helen M Yunker Trust
Bought by
Tadros Bahagat Bn and Tadros Mona
Seller's Agent
James Wick
Keller Williams West Ventura C
Buyer's Agent
James Wick
Helen Yunker Realty
List Price
$649,000
Sold Price
$590,000
Premium/Discount to List
-$59,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$442,500
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Elswifi Interprises Limited Partnership -- Synrgo
Tadros Bahagat Bn $590,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tadros Bahagat Bn $442,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2019 02/01/19 Sold $590,000 -9.1% $397 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $649,000 -- $436 / 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 $7,142 $658,152 $524,292 $133,860
2024 $7,142 $645,248 $514,012 $131,236
2023 $7,056 $632,597 $503,934 $128,663
2022 $6,571 $620,194 $494,053 $126,141
2021 $6,445 $608,034 $484,366 $123,668
2020 $6,384 $601,800 $479,400 $122,400
2019 $6,058 $570,000 $470,000 $100,000
2018 $2,495 $227,484 $69,985 $157,499
2017 $2,444 $223,024 $68,613 $154,411
2016 $2,398 $218,652 $67,268 $151,384
2015 $2,373 $215,369 $66,258 $149,111
2014 $2,336 $211,152 $64,961 $146,191
Source: Public Records

Agents Affiliated with this Home

  • James Wick

    Seller's Agent in 2019

    James Wick

    Keller Williams West Ventura C

    (805) 701-6514

    11 Total Sales

    James Wick
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-218013673

Ventura County Regional Data Share

APN: 075-0-162-280

California Ventura County Ventura 93003 Midtown

640 S Seaward Ave, Ventura, CA

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