NOT LISTED FOR SALE

8002 Balcom Canyon Rd Somis, CA 93066

Estimated Value: $3,132,000

3 Beds
1 Bath
1,500 Sq Ft
$2,088/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $1,160,000 $773 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $18,921/month

24 Days on Market

Highlights

  • Ocean View
  • Horse Property Unimproved
  • Auto Driveway Gate
  • Adolfo Camarillo High School Rated A-
  • RV Access or Parking
  • Updated Kitchen

About This Home

As of June 2012

AVOCADO RANCH - 21.60 acres total. Approx. 12 acres planted in 5+ - year old avocado trees and approx. 7 additional acres may be suitable for more producing trees. Sweeping ocean, mountain and valley 360 degree view uncertified building pad at ranch top. 85+ - gpm well drilled in about 2007 and one water storage tank on ranch PLUS 2 Shares of Balcom Bixby Mutual water co. Three bedroom, one bath approx. 1,500 sq. ft. remodeled home with detached two car garage, separate workshop, small covered pet area, parklike grassy area with a lighted gazebo and built in barbque entertainment counter w/stainless sink/wet bar and place for grill, etc. Newer entry gates have been constructed and a road lined with Sequoya trees through the orchard leads up to the top potential view building pad. Plenty of space for horses and equestrian facilities. Financing incentives available through GMAC Mortgage for borrowers purchasing this property. Please speak with the listing agent for details.

Last Agent to Sell the Property

Cynthia Loughman

RE/MAX Gold Coast REALTORS License #00453659 Listed on: 04/03/2012

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Cynthia Loughman

RE/MAX Gold Coast REALTORS License #00453659 Listed on: 04/03/2012

RE/MAX Gold Coast REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,083

Year Built

  • Built in 1950

Lot Details

  • 21.6 Acre Lot
  • Rural Setting
  • South Facing Home
  • Chain Link Fence
  • Corner Lot
  • Irregular Lot
  • Property is zoned OS 20

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Auto Driveway Gate
  • RV Access or Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Pasture
  • Orchard Views
  • Valley

Home Design

  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting

Kitchen

  • Updated Kitchen
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Utilities

  • Central Heating
  • Heating System Uses Propane
  • Well

Additional Features

  • Concrete Porch or Patio
  • Agricultural
  • Horse Property Unimproved

Community Details

  • Somis Rural Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 1080180065

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,083

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Gravel, Paved
  • Subdivision Name Other: Trieste @ Serenata-449
  • View: Yes
  • Zoning: OS 20
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1080180065
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1500.00
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 773.33
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen, Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: City Lights, Ocean, Orchard, Panoramic, Pasture, Valley
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Driveway, Garage - Two Door, Garage Door Opener, Gated, RV Access/Parking, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooking, Range
  • Heating Type: Central, Propane
  • Laundry Features: Common Area, Propane Dryer Hookup
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: Agricultural, Corner Lot, Horse Property Unimproved, Irregular Lot, Ranch
  • Lot Size Sq Ft: 940896.00
  • Lot Size Acres: 21.6000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 940896.0000 Square Feet

Tax Info

  • Tax Census Tract: Somis Rural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
May 4, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
D & D Coastal Llc
Seller's Agent
Cynthia Loughman
RE/MAX Gold Coast REALTORS
Buyer's Agent
Cynthia Loughman
RE/MAX Gold Coast REALTORS
List Price
$1,250,000
Sold Price
$1,160,000
Premium/Discount to List
-$90,000
-7.2%
Total Days on Market
24
Current Estimated Value
$3,132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,972,000
Avg. Annual Appreciation
2.61%
Original Mortgage
$719,350
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2012
Sold by
Garnica Arthur and Garnica Rocio Alfaro
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Dec 29, 2004
Sold by
Weigel Richard J
Bought by
Garnica Arthur and Garnica Rocio Alfaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 2003
Sold by
Griego Nicholas
Bought by
Weigel Richard

Purchase Details

Closed on
Dec 3, 2001
Sold by
Hasty Wayne E and Hasty Betty R
Bought by
Weigel Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.37%
Source: Public Records

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Range of Values:

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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
D & D Coastal Llc $1,160,000 Chicago Title Company
Deutsche Bank Trust Company Americas $1,100,000 First American Title Ins Co
Garnica Arthur $1,050,000 First American Title Company
Weigel Richard -- --
Weigel Richard J $650,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner D & D Coastal Llc $719,350
Previous Owner Garnica Arthur $500,000
Previous Owner Garnica Arthur $1,190,000
Previous Owner Garnica Arthur $374,000
Previous Owner Garnica Arthur $650,000
Previous Owner Weigel Richard J $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $1,160,000 -7.2% $773 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $1,250,000 -- $833 / 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
2024 $16,083 $1,428,417 $1,225,882 $202,535
2023 $15,276 $1,400,409 $1,201,845 $198,564
2022 $15,271 $1,372,950 $1,178,279 $194,671
2021 $15,159 $1,346,030 $1,155,175 $190,855
2020 $15,133 $1,332,231 $1,143,331 $188,900
2019 $14,594 $1,306,110 $1,120,913 $185,197
2018 $14,512 $1,280,501 $1,098,935 $181,566
2017 $13,999 $1,255,395 $1,077,388 $178,007
2016 $13,659 $1,230,780 $1,056,263 $174,517
2015 $13,487 $1,212,296 $1,040,398 $171,898
2014 $13,285 $1,188,551 $1,020,019 $168,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-12004805

Ventura County Regional Data Share

APN: 108-0-180-065