Thursday, October 26, 2017

Ojai So High

Cute little mid-century on 3/4th acre.

1354 Carne Rd, Ojai, CA 93023

2 beds 2 baths 1,232 sqft

Then the insanity started:
10/04/17Price change$1,295,000 -3.4%

08/22/17Price change$1,340,000 -6.0%

05/08/17Listed for sale$1,425,000 +26.7%

06/08/15Sold$1,125,000 -2.1%

05/05/15Price change$1,149,500 -3.8%

04/24/15Listed for sale$1,195,000 +82.4%

08/01/02Sold$655,000

 Property taxes in 2001 were $609 per year.  Property taxes now are $12,430 per year.  Cute shouldn't cost well more than a million.  

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13 comments:

  1. sm_landlord9:39 AM

    That little cutie looks like bulldozer bait to me.

    It's senseless to pay that kind of rent (taxes) for a "cute" little shack, let alone the price of entry...

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  2. Unknown9:52 AM

    Looks smaller than 1200 sf.

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  3. Lawyerliz10:00 AM

    Agree Ruby.
    .

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  4. Rob Dawg10:10 AM

    Wouldn't surprise me that the 1200sf included the patio under roof. Also; "An additional structure features the third bedroom and bath offering your guests a little privacy when desired or use it as a studio for your creations. " Probably includes that. It might not be clear but you can click on the address in the post to go to the zillow listing.

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  5. Lawyerliz11:23 AM

    Surely they don't expeCT it to sell for that.

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  6. LBD11:29 AM

    Oh Who? Crazy money and property taxes to boot. IMAO!

    ReplyDelete
  7. Cinco-X11:48 AM

    Rob
    How the FoMoCo stock doing?

    ReplyDelete
  8. Rob Dawg12:10 PM

    I fully expect this "cutie" will go for $1.1-$1.2m and shortly.

    Notice that property taxes are quite a bit above the Prop 13 supposed 1% cap.

    Ford. I have a partial sell order active until close of market today. $10.90 basis for the 1k shares I used as an example of my money/mouth would be sold at $12.28. Let's see. Nota bene. I never talked about my total Ford exposure or position.

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  9. Rob Dawg12:14 PM

    I misspoke. I expect this "cutie" to either go for $1.1m - $1.2m soon or go off market because the "owner" will take it off the market unwilling to give it away.

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  10. sm_landlord12:32 PM

    The current "ower" appears to be rather deep under water, unless a greater fool comes along. So dropping off the market is a distinct possibility.

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  11. Lawyerliz1:14 PM

    To me, the first price mentioned.

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