NOT LISTED FOR SALE

773 N Olive St Ventura, CA 93001

Westside Neighborhood

Estimated Value: $1,205,817

5 Beds
3 Baths
6,603 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $625,000 $95 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,320/month

222 Days on Market

Highlights

  • 0.32 Acre Lot
  • Bungalow
  • Rectangular Lot
  • Ventura High School Rated A-
  • Concrete Flooring
  • Heating System Uses Natural Gas

About This Home

As of May 2015

▶▶▶$4,300 rental income: both sides rented. ◀◀◀ Mixed-use & LIVE-WORK commercial space wherein the OWNER WILL CARRY a first with $150,0000 down. This is an over 6,600-square-foot commercially zoned (C2), mixed-use property. Looking at the property, it should be viewed as two units. The left side consists of a quonset hut with a large, open warehouse behind it. The right side consists of a front house, which used to be a 4-suite office building. To the rear are 4 other large storage and warehouse spaces, which are currently being used by the Ventura Glass Studio. All utilities are SEPARATELY METERED. Right side is connected to sewer. Left side is on septic. EXAMPLES OF PERMITTED USES: live/work, auto repair, retail store, food and beverage service, laundry services, light oil industry services, indoor recreation, and more (buyer to verify). FRONTAGE: 139 feet on almost 1/3 of an ACRE!

Last Agent to Sell the Property

Kevin Paffrath

Meet Kevin License #01893132 Listed on: 09/04/2014

Last Buyer's Agent

Henry Barcena

RE/MAX Gold Coast REALTORS License #01847942

RE/MAX Gold Coast REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,609

Year Built

  • Built in 1953

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • Bungalow
  • Slab Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Concrete Flooring
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Assessor Parcel Number 0710010040

Community Details

Overview

  • 2 Units
  • Other 0011 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,609

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Other - 0011
  • Zoning: C2
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 0710010040
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Levels: One

Exterior Features

  • Foundation: Slab

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Heating Type: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 13876.00
  • Lot Size Acres: 0.3185

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Lot Size Area: 13876.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2020
Sold by
777 Olive Street Llc
Bought by
831 Olive Street Llc
Current Estimated Value
$1,205,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$479,150
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$723,029

Purchase Details

Listed on
Sep 4, 2014
Closed on
Apr 24, 2015
Sold by
Stone Robert L
Bought by
777 Olive Street Llc
Seller's Agent
Kevin Paffrath
Meet Kevin
Buyer's Agent
Henry Barcena
RE/MAX Gold Coast REALTORS
List Price
$659,900
Sold Price
$625,000
Premium/Discount to List
-$34,900
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$375,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 2012
Sold by
Stone Sandra
Bought by
Stone Robert

Purchase Details

Closed on
Sep 24, 1999
Sold by
Muskat David H
Bought by
Stone Robert and Stone Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
7.86%
Mortgage Type
Commercial
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
831 Olive Street Llc $800,000 Lawyers Title Company
777 Olive Street Llc $62,500 Stewart Title Of Ca Inc
Stone Robert L -- Stewart Title Of Ca Inc
Stone Robert -- None Available
Stone Robert L -- None Available
Stone Robert $245,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 831 Olive Street Llc $540,000
Previous Owner 777 Olive Street Llc $375,000
Previous Owner Stone Robert L $734,208
Previous Owner Stone Robert $171,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $625,000 -5.3% $95 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
09/04/2014 09/04/14 For Sale $659,900 -- $100 / 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 $9,609 $874,915 $546,822 $328,093
2024 $9,609 $857,760 $536,100 $321,660
2023 $9,496 $840,942 $525,589 $315,353
2022 $8,850 $824,453 $515,283 $309,170
2021 $8,683 $808,288 $505,180 $303,108
2020 $7,419 $686,831 $258,248 $428,583
2019 $7,284 $673,365 $253,185 $420,180
2018 $7,166 $660,163 $248,221 $411,942
2017 $7,018 $647,219 $243,354 $403,865
2016 $6,883 $634,530 $238,583 $395,947
2015 $3,548 $313,302 $159,849 $153,453
2014 -- $307,168 $156,719 $150,449
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kevin Paffrath

    Meet Kevin

  • Henry Barcena

    Buyer's Agent in 2015

    Henry Barcena

    RE/MAX

    (805) 340-6915

    23 Total Sales

    Henry Barcena
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-214032215

Ventura County Regional Data Share

APN: 071-0-010-040

California Ventura County Ventura 93001 Westside

773 N Olive St, Ventura, CA

This home is located at 773 N Olive St, Ventura, CA 93001 since 04 September 2014 and is currently estimated at $1,205,817, approximately $182 per square foot. This property was built in 1953. 773 N Olive St is a home located in Ventura County with nearby schools including Sheridan Way Elementary School, De Anza Academy Of Technology And The Arts, and Ventura High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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