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1261 Tierra Drive

1261 Tierra Drive, Thousand Oaks, CA 91362
Sold May 19, 2021
$1,249,000
$739,450 by Quicken Loans Llc
Mortgage Due Jun 01, 2051
Sold Aug 06, 2003
$700,000
$440,000 by Aegis Wholesale Corp
Mortgage Due Aug 01, 2033
1261 Tierra Drive in Thousand Oaks, CA was first built in 1958 and is 66 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1261 Tierra Drive has 2,560 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 16,571 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 500 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a forced air unit. 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. The property was last sold in Apr 23, 2021 for $1,249,000. That's $487.89 per sqft. Prior to that sales transaction, the property was also sold in May 27, 2003 for $700,000. 1261 Tierra Drive was last assessed in 2023. The total value of the property was assessed at $1,299,006. Specifically, the land the property is located on was valued at $844,284. While improvements on the property were assessed at a total of $454,722. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $13,794. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
Open Parking
On-Street Parking

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 16,571
  • Total Building Area: 2,560
  • Gross Building Area: 2,560
  • Building Area: 2,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CONEJO OAKS TRACT
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT: 29 REF: 022MR 095

Ownership

  • Current Owner : POVEROMO CHRISTOPHER
  • Current Owner 2: POVEROMO LINDSEY
  • Previous Owner : REEVE JOHN G
  • Previous Owner 2: REEVE RHONDA L
  • Owner Before Previous Owner: FAIRBAIRN CARL E
  • Owner Before Previous Owner 2: FAIRBAIRN BEVERLY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Conejo Valley Unified School District
  • Census Tract: 007201

Zoning

  • Zoning: R1-13

Geography

  • Assessors Map Reference: 022MR 095
  • District: 08
  • Parcel: 670-0-012-065
  • Block: 12
  • Lot: 29
  • Municipality: THOUSAND OAKS
  • Latitude: 34.1875
  • Longitude: -118.857

    Address

  • Full Address: 1261 Tierra Dr
  • Address - House Number: 1261
  • Address - Street Name: Tierra
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Thousand Oaks
  • Carrier Code: C012
  • 4-Digit Zip Code: 2251
  • Zip Code: 91362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,794
  • Tax Rate Code Area: 08-002

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 78
  • Final Value: 1,425,219
  • High Value: 1,669,785
  • Low Value: 1,180,653

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,046,150
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $739,450
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: COMERICA BANK
  • Second Open Lien Mortgage Recording Date: Nov 28, 2022
  • Second Open Lien Mortgage Loan Amount: $306,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 12, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,299,006
  • Assessed Land Value: $844,284
  • Assessed Improvements Value: $454,722

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11836049535
  • Current Sale Price: $1,249,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20210519-00100105
  • Previous Sale Recording Date: Aug 06, 2003
  • Previous Sale Contract Date: May 27, 2003
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $739,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AEGIS WHOLESALE CORP
  • Previous Mortgage Transaction Date: Aug 06, 2003
  • Previous Mortgage Loan Amount: $440,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About Thousand Oaks



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Nearby Rentals

Unit for rent at

$4,800 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,600 ft²
Listing by Rebeca Elliott
Unit for rent at

$5,500 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,866 ft²
Listing by Saeideh Mozaffarian
Unit for rent at

$4,750 /mo

  • 4 Beds
  • 2 Baths
  • 2,105 ft²
Listing by Archana Singhvi

Frequently Asked Questions

What neighborhood is 1261 Tierra Drive located in?
The 1261 Tierra Drive is a house located in the neighborhood of Thousand Oaks in Thousand Oaks, Thousand Oaks.
What is the average sales price for listings in 1261 Tierra Drive?
The average sales price for units in 1261 Tierra Drive is $1,299,999 , or $508/sqft. currently.

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