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83 North Santa Cruz Street

83 North Santa Cruz Street, Ventura, CA 93001
Property in Ventura
Sold Dec 17, 2021
$1,100,000
$880,000 by Option Funding Inc
Mortgage Due Jan 01, 2052
Local assessors in Ventura, CA have categorized 83 North Santa Cruz Street as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 6,510 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. If we look only at the heated or air conditioned part of the building, then 83 North Santa Cruz Street has a total of 4,452 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The property was last sold in Oct 6, 2021 for $1,100,000. That's $247.08 per sqft. 83 North Santa Cruz Street was last assessed in 2023. The total value of the property was assessed at $1,443,300. Specifically, the land the property is located on was valued at $938,400. While improvements on the property were assessed at a total of $504,900. 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 $14,840. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,510
  • Total Building Area: 4,452
  • Gross Building Area: 4,452
  • Building Area: 4,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,452
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOSSATI TRACT
  • Land Acres: 0.149
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT: 34 REF: 017MR 031

Ownership

  • Current Owner : MORGAN BEAU M
  • Current Owner 2: MORGAN ALLISON A
  • Previous Owner : HUCKABY LIMITED PARTNERSHIP
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Ventura Unified School District
  • Census Tract: 002000

Zoning

  • Zoning: R3-5

Geography

  • Assessors Map Reference: 017MR 031
  • District: 05
  • Parcel: 073-0-092-070
  • Block: 92
  • Lot: 34
  • Municipality: VENTURA
  • Latitude: 34.2794
  • Longitude: -119.271

    Address

  • Full Address: 83 N Santa Cruz St
  • Address - House Number: 83
  • Street Direction: N
  • Address - Street Name: Santa Cruz
  • Address - Suffix Type: St
  • State: CA
  • City Name: Ventura
  • Carrier Code: C021
  • 4-Digit Zip Code: 3580
  • Zip Code: 93001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,840
  • Tax Rate Code Area: 05-001

    Appraisal Valuation

  • Standard Deviation: 0.3239
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 35
  • Final Value: 1,393,401
  • High Value: 1,844,840
  • Low Value: 941,961

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,222,500
  • First Open Lien Mortgage Lender: OPTION FUNDING INC
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: OPTION FUNDING, INC.
  • Second Open Lien Mortgage Recording Date: Feb 23, 2024
  • Second Open Lien Mortgage Loan Amount: $342,500
  • Second Open Lien Mortgage Term: 12
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,443,300
  • Assessed Land Value: $938,400
  • Assessed Improvements Value: $504,900

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11875462649
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021001987433

    Last Sale Mortgage

  • First Mortgage Lender: OPTION FUNDING INC
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About San Buenaventura (Ventura)



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Frequently Asked Questions

What neighborhood is 83 North Santa Cruz Street located in?
The 83 North Santa Cruz Street is a located in the neighborhood of Ventura in San Buenaventura (Ventura), Ventura.
What is the average sales price for listings in 83 North Santa Cruz Street?
The average sales price for units in 83 North Santa Cruz Street is $0 currently.

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