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1131 Cornwall Lane

1131 Cornwall Lane, Ventura, CA 93001
Property in Ventura
Sold Aug 26, 2021
$2,035,000
$1,628,000 by Bank Of America Na
Mortgage Due Sep 01, 2051
Sold Jun 13, 2006
$1,335,000
$690,000 by Citimortgage Inc
Mortgage Due Jul 01, 2036
1131 Cornwall Lane in Ventura, CA was first built in 2002 and is 22 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1131 Cornwall Lane has 2,181 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,948 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 471 sqft. There are a total of 2 available parking spaces. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1131 Cornwall Lane was last sold in Aug 6, 2021 for $2,035,000. According to our calculations, that's $933.06 per sqft. Prior to that sales transaction, the property was sold for $1,335,000 in May 22, 2006. Current property owners are expected to pay $21,203 in taxes per year. The property on 1131 Cornwall Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,075,700. To break that down further, the land itself was valued at $1,349,460. While improvements to the property were assessed at a total of $726,240. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 471
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,948
  • Total Building Area: 2,181
  • Gross Building Area: 2,181
  • Building Area: 2,181
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,181
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIERMONT BAY #2
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT: 605 REF: 015MR 026

Ownership

  • Current Owner : TARLOV NICHOLAS EDWARD
  • Previous Owner : PETERSON TROY K
  • Previous Owner 2: PETERSON REBECCA M
  • Owner Before Previous Owner: MCDERMOTT JOHN JOSEPH
  • Owner Before Previous Owner 2: MCDERMOTT LEEA DENISE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ventura Unified School District
  • Census Tract: 002500

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 015MR 026
  • District: 05
  • Parcel: 081-0-071-170
  • Block: 71
  • Lot: 605
  • Municipality: VENTURA
  • Latitude: 34.2615
  • Longitude: -119.271

    Address

  • Full Address: 1131 Cornwall Ln
  • Address - House Number: 1131
  • Address - Street Name: Cornwall
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Ventura
  • Carrier Code: C042
  • 4-Digit Zip Code: 4030
  • Zip Code: 93001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,203
  • Tax Rate Code Area: 05-004

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 75
  • Final Value: 1,961,390
  • High Value: 2,323,055
  • Low Value: 1,599,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,628,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $1,628,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,075,700
  • Assessed Land Value: $1,349,460
  • Assessed Improvements Value: $726,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Transaction ID: 11853164374
  • Current Sale Price: $2,035,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20210826-00159107
  • Previous Sale Recording Date: Jun 13, 2006
  • Previous Sale Contract Date: May 22, 2006
  • Previous Sale Amount: $1,335,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 26, 2021
  • First Mortgage Loan Amount: $1,628,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 13, 2006
  • Previous Mortgage Loan Amount: $690,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About San Buenaventura (Ventura)



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Frequently Asked Questions

What neighborhood is 1131 Cornwall Lane located in?
The 1131 Cornwall Lane is a located in the neighborhood of Ventura in San Buenaventura (Ventura), Ventura.
What is the average sales price for listings in 1131 Cornwall Lane?
The average sales price for units in 1131 Cornwall Lane is $0 currently.

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