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$1,140,000

Beds
4
Baths
2.75
sq ft
1,700

1186 Forest Ave, Ojai, CA 93023

1186 Forest Ave

Ojai, CA 93023

  • 100 days on market
    • Price drop $25,000↓
Situated in a peaceful neighborhood, this completely remodeled home’s curb appeal emulates the tranquility and charm of the Ojai community. A single story 3+2 ranch style home also offers an attached 1+1 ADU with a full bedroom, bathroom, kitchen and laundry. Both living areas offer brand new modern amenities, making it an ideal retreat for every homeowner from individuals seeking a serene lifestyle, to those seeking income from long or short term rental, or ideal separate guest space or multi generational living. Upon entering the home, you are greeted by an inviting interior filled with natural light from brand new designer windows and ceramic plank floors to an open kitchen concept, cultured marble countertops and peninsula with stainless drop in sink, all brand new cabinets and stainless appliances. Other new amenities include updated smooth ceiings, canned lighting throughout, pendant lighting over the peninsula, washer and dryer, completely remodeled bathrooms and tankless water heater. Outside, the property features simple, low-maintenance landscaping design that is arid and drought-friendly, perfect for those who want to enjoy the beauty of California without the hassle of extensive yard work. Whether hosting a barbecue with friends or unwinding after a long day, the outdoor space provides endless possibilities for enjoyment and relaxation. Detached 2 car garage, extended driveway with covered carport area and potential front parking spaces give you so many options to accommodate multiple guests or recreational vehicles or boats. This residence not only has it all, is conveniently located just outside the hustle of downtown Ojai tourist traffic, but close to enjoy its unique shopping, restaurants, parks and trails. For outdoor enthusiasts, the house is less than 10 minutes to Lake Casitas, a 15-minute drive to Surfer's Point Beach or an hour-long bike ride along the scenic Ventura River Parkway Trail. With its impeccable design, modern amenities, and prime location, it presents a wonderful opportunity to experience the best of Ojai living.

Details

Property type

Single Family Residence

Est. home value

$834,956

Property condition

Updated/Remodeled

Lot size

7,875 sq ft

Price per sq ft

$671

Year built

1961

Price History

09/26/2024
CRMLS

CRMLS #SR24154524

Price change
$1,140,000
-2.15%
09/12/2024
CRMLS

CRMLS #SR24154524

Price change
$1,165,000
-2.51%
07/28/2024
CRMLS

CRMLS #SR24154524

Listed
$1,195,000
+59.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Suburban

High school district: 

Ojai Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$365,077
Asking price
$1,140,000
Closing costs (~8% of asking)
-$91,200
Est. remaining loan balance
-$683,723
Cash to seller
$365,077

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Primelending

Loan start date

January 2023

Original loan amount

$697,500

Est. remaining balance

$683,723

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

Rebecca C Mendoza and Tom A Mendoza

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 3:25 AM

Listing updated: 09/30/2024 at 9:12 AM

Listed by: Aubrey Maggi, Equity Union Phone #: (661) 516-2064

MLS: CRMLS #SR24154524

CRMLS logo

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