811 Mercantile Street

Local assessors in Oxnard, CA have categorized 811 Mercantile Street as a industrial type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 23,286 square feet. The linear feet between the front and back of the lot was measured at 2,340 ft and the front of the lot was measured at 1,000 ft.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. The building has a flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. The home's a partial heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 811 Mercantile Street sold most recently in Nov 30, 2022 for a total of $2,000,000. If you work out the math, that's approximately a cost of $238.10 per sqft. Before that, the property was also sold for $1,400,000 in Dec 23, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $17,327 in taxes each year. The initial year of tax delinquency occurred in 2021. 811 Mercantile Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,456,560. If we break it down further, the land itself was valued at $780,300. Improvements to the property, however, were assessed at a total of $676,260. The property's total assessed value has been marked as more than the total market value 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.