NOT LISTED FOR SALE

Estimated Value: $2,382,000 - $2,628,385

0.26 Acre
$9,720,448 Price per Acre
11,282 Sq Ft Lot

Last Sold January 17, 2019

Last sale price $350,000 $229 Per Sq Ft

Est. 619% increase in value since last sale

Current estimated payment $15,144/month

48 Days on Market

About This Lot

As of January 2019

Located right at the leveling off point after Skyline's big climb off Foothill Road, this just over a 1/4 acre lot boasts views facing out to the West that include unobstructed ocean, island and city viewscapes and is flanked below by Arroyo Verde Park. The home on this lot burned down during the Thomas Fire and rebuilding plans were underway so included at this price are the complete custom design plans created by Tenpenny Construction. Pool on lot as well! Seize this incredible opportunity today!

Last Agent to Sell the Property

Sam Benner

Y Realty License #01937028 Listed on: 11/16/2018

Y Realty

Last Buyer's Agent

Henry Barcena

RE/MAX Gold Coast REALTORS License #01847942

RE/MAX Gold Coast REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,499

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R1-7

Additional Features

  • Property Views

Community Details

  • Skyline Estates 1636 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0670041055

Property Details

Property Type

Land

Est. Annual Taxes

$22,499

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R1-7
  • Property Type: Land
  • Parcel Number: 0670041055
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 31.02

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11282.00
  • Lot Size Acres: 0.2590

Multi Family

  • Lot Size Area: 11282.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Ventura Renaissance Partners Lp
Bought by
Richards Amy Nichols and Richards Mark Weldon
Current Estimated Value
$2,517,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2020
Sold by
Ventura Deveopment Partners Fund 1 Lp
Bought by
Ventura Renaissance Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 16, 2018
Closed on
Jan 2, 2019
Sold by
Farrell Kevin D
Bought by
Ventura Development Partners Fund 1 Lp
Seller's Agent
Sam Benner
Y Realty
Buyer's Agent
Henry Barcena
RE/MAX Gold Coast REALTORS
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.44%
Original Mortgage
$991,250
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2016
Sold by
Farrell Kevin D
Bought by
Farrell Kevin D

Purchase Details

Closed on
Jun 17, 2009
Sold by
Farrell Diane E
Bought by
Farrell Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
4.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 25, 2001
Sold by
Matsui Ryosuke and Matsui Nobuko
Bought by
Farrell Kevin D and Farrell Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.12%
Mortgage Type
Stand Alone First
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
Richards Amy Nichols $1,950,000 First American Title Company
Ventura Renaissance Partners Lp $350,000 Stewart Title Of Ca Inc
Ventura Development Partners Fund 1 Lp $350,000 Fidelity National Title
Farrell Kevin D -- None Available
Farrell Kevin D -- Fidelity National Title
Farrell Kevin D $499,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Amy Nichols $1,500,000
Previous Owner Ventura Renaissance Partners Lp $965,000
Previous Owner Ventura Development Partners Fund 1 Lp $991,250
Previous Owner Farrell Kevin D $286,000
Previous Owner Farrell Kevin D $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2019 01/17/19 Sold $350,000 0.0% $229 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $350,000 -- $229 / 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 $22,499 $2,110,742 $1,371,983 $738,759
2024 $22,499 $2,069,355 $1,345,081 $724,274
2023 $22,245 $2,028,780 $1,318,707 $710,073
2022 $20,655 $1,989,000 $1,292,850 $696,150
2021 $20,298 $1,950,000 $1,267,500 $682,500
2020 $3,795 $357,000 $357,000 $0
2019 $2,199 $202,206 $202,206 $0
2018 $2,090 $198,242 $198,242 $0
2017 $6,802 $647,858 $259,141 $388,717
2016 $6,682 $635,156 $254,060 $381,096
2015 $6,574 $625,618 $250,245 $375,373
2014 $6,480 $613,365 $245,344 $368,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-218014196

Ventura County Regional Data Share

APN: 067-0-041-055