NOT LISTED FOR SALE

702 Mercer Ave Ojai, CA 93023

Estimated Value: $1,167,000 - $1,226,000

3 Beds
2 Baths
1,468 Sq Ft
$820/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $825,000 $562 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,468/month

12 Days on Market

Highlights

  • RV Access or Parking
  • Reverse Osmosis System
  • Wood Flooring
  • Updated Kitchen
  • Mountain View
  • 5-minute walk to Ojai City Recreation Department

About This Home

As of September 2020

Charming and beautifully remodeled three bedrooms, two bathrooms home in dreamy downtown Ojai. Be swept away with breathtaking views of the Topa Topa Mountains. Original hardwood floors, fireplace, and thoughtful design will captivate you as gorgeous natural light fills the space. Retreat to the master bedroom with ensuite and private entrance to the backyard. The fully enclosed outdoor area is perfect for entertaining family and guests of all ages. You may never want to leave with fruit trees producing the most delicious peaches, apricot, persimmons and oranges, and fresh veggies growing in the garden. Enjoy everything about Ojai, from hiking and horse-riding, to farmers markets and wine-tasting. The finished 400 sq ft garage with generous built-in storage and a window to gaze at Chief Peak may also be the perfect place for an additional home office. New 2020 roof and solar array, a whole home water softener with filtration and reverse osmosis system, and plantation shutters in the kitchen and bedrooms are just some of the recent upgrades. There is even room for the Airstream. Welcome home!

Last Agent to Sell the Property

Anna Stephan

LIV Sotheby's International Realty License #01985294 Listed on: 07/24/2020

Last Buyer's Agent

Anna Stephan

LIV Sotheby's International Realty License #01985294 Listed on: 07/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,881

Year Built

  • Built in 1954

Lot Details

  • 8,276 Sq Ft Lot
  • Back Yard Fenced
  • Lawn

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,468 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Stove
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 022-0-082-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,881

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Other, Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 1954
  • Property Information Apx # Acres: 0.19
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • GroundsLandscaping Lawn2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Gas8: Yes
  • ParkingGarage Detached: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Gar #12: Yes
  • Foundation Raised: Yes
  • ParkingGarage RV: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Rev Osmosis
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Acres: 0.19
  • Exterior Features: Lawn, Fenced: BCK
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gar #1, RV, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 022-0-082-010
  • Zoning: R-1
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 10, 2020
Sold by
Sheppard Stewart C and Blaisdell Elisabeth H
Bought by
Murphymercer Llc
Seller's Agent
Anna Stephan
LIV Sotheby's International Realty
Buyer's Agent
Anna Stephan
LIV Sotheby's International Realty
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$1,204,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,217
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
May 31, 2019
Closed on
Aug 23, 2019
Sold by
Studer David Nicholas and The Studer Family Trust
Bought by
Sheppard Stewart C and Blaisdell Elisabeth H
Seller's Agent
Gabriela Cesena
BHHS California Properties
Buyer's Agent
Anna Stephan
LIV Sotheby's International Realty
List Price
$789,000
Sold Price
$740,000
Premium/Discount to List
-$49,000
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$703,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2018
Sold by
Studer David
Bought by
Vadas Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.86%

Purchase Details

Closed on
Apr 6, 2005
Sold by
Studer Magnus P and Studer Maria A
Bought by
Studer Magnus P and Studer Maria A
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
Murphymercer Llc $825,000 Lawyers Title Company
Sheppard Stewart C $740,000 Lawyers Title Company
Vadas Kristen -- --
Studer Magnus P -- --
Studer Magnus P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheppard Stewart C $703,000
Previous Owner Vadas Kristen --
Previous Owner Studer Magnus P $77,250
Previous Owner Studer Magnus P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $825,000 0.0% $562 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $825,000 +11.5% $562 / Sq Ft
08/30/2019 08/30/19 Sold $740,000 -6.2% $504 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $789,000 -- $537 / 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 $10,881 $893,005 $580,724 $312,281
2024 $10,881 $875,496 $569,338 $306,158
2023 $10,510 $858,330 $558,175 $300,155
2022 $10,349 $841,500 $547,230 $294,270
2021 $10,292 $825,000 $536,500 $288,500
2020 $9,224 $740,000 $481,000 $259,000
2019 $1,925 $60,009 $17,532 $42,477
2018 $1,821 $58,834 $17,189 $41,645
2017 $1,805 $57,681 $16,852 $40,829
2016 $1,410 $56,551 $16,522 $40,029
2015 $1,391 $55,704 $16,275 $39,429
2014 $1,270 $54,614 $15,957 $38,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2803

Santa Barbara Multiple Listing Service

APN: 022-0-082-010