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$1,295,000

Beds
2
Baths
1.75
sq ft
1,058

345 N Alvarado St, Ojai, CA 93023

345 N Alvarado St

Ojai, CA 93023

  • 8 days on market
    • Open house Oct 05
Welcome to this enchanting 1930's Ojai bungalow nestled amidst lush gardens in the heart of Meiners Oaks. Be prepared to be captivated by the delightful charm and modern updates of this unique property. This 2-bedroom, 2-bathroom home seamlessly marries the allure of original charm with contemporary conveniences such as new flooring, recessed lighting, dual-paned windows, new back door with side ventilation, and an 'auto pantry'. The sprawling 9,000 sq. ft. lot offers a haven of tranquility and boasts a variety of bountiful fruit trees and greenery. The detached garage, has been turned into a versatile space with barn doors, double sliding glass doors leading to the backyard gardens, and a mini split air conditioning unit. Whether you envision it as a creative sanctuary, a workshop, or a private retreat, the possibilities are as endless as your imagination. Two 'Tuff Sheds' as different as can be sit on this property - one is used as a private guest suite with electricity and AC, and the other is a large storage area. Conveniently located near an array of dining options, retail outlets, and esteemed schools.

Details

Property type

Single Family Residence

Est. home value

$1,018,147

Lot size

8,712 sq ft

Price per sq ft

$1,225

Year built

1930

Price History

09/27/2024
CRMLS

CRMLS #V1-25947

Listed
$1,295,000
+15.11%
07/21/2023
CRMLS

CRMLS #V1-18361

Sold
$1,125,000
+114.29%
05/01/2017
CRMLS

CRMLS #V0-216015076

Sold
$525,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Golf, Park

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

$772,512
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$418,888
Cash to seller
$772,512

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

June 2023

Original loan amount

$425,000

Est. remaining balance

$418,888

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Peggy Oneill

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: 10/05/2024 at 3:45 PM

Listing updated: 10/03/2024 at 5:11 PM

Listed by: Erik Wilde, LIV Sotheby's International Realty Ojai Phone #: (805) 646-7288

MLS: CRMLS #V1-25947

CRMLS logo

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