1233 Osage Lane, Ventura, California 93004, Ventura, 93004 - 1 bed, 2 bath
ACTIVE$420,000
1233 Osage Lane, Ventura, California 93004
1Bed
2Baths
817Sqft
2,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Comprehensive HOA Benefits & Community Amenities: The Homeowners Association covers significant expenses including home insurance, community maintenance, sewer, trash, and water, simplifying ownership. Additionally, the property benefits from a community pool/spa area located directly across from the home.
Top Cons:
Limited Living Space & Bedroom Count: With only 1 bedroom and 817 sqft, the property caters to a very specific, smaller demographic, potentially limiting its market appeal and resale value compared to larger units.
Compared to the nearby listings
Price:$420.0K vs avg $875.0K ($-455,000)1%
Size:817 sqft vs avg 1,669 sqft2%
Price/sqft:$514 vs avg $51648%
More Insights
Built in 1983 (42 years old).
Condition: Built in 1983, this property is well-maintained but shows significant signs of being outdated. The kitchen features traditional honey oak cabinets, white laminate countertops, older white appliances, and a dated fluorescent box light fixture, along with very old-fashioned wallpaper. The bathroom also presents with an older vanity, countertop, and dated wallpaper. While functional, these areas, along with the older style laminate wood flooring and general aesthetic, would require minor to moderate updates to meet current quality and style standards.
Year Built
1983
Close
-
List price
$420K
Original List price
$480K
Price/Sqft
$514
HOA
$600
Days on market
-
Sold On
-
MLS number
V1-32140
Home ConditionFair
Features
Good View: Pool
ViewPool
About this home
Lovely 1 bedroom, 1.5 bathroom townhome for sale in the charming community of Nantucket Village. Front entry leads to the open living and dining area featuring laminate wood flooring, vaulted ceiling and high windows with shutters providing great natural light. The traditional style kitchen with tile flooring includes a high breakfast bar counter with a wide open view to the living area. Stairway leads to the bedroom featuring linen storage, a walk-in closet and en-suite bathroom with shower. Additional features include indoor laundry, private enclosed front patio, attached two car garage and a community pool/spa area directly across from the home. Homeowners association includes home insurance, community maintenance, sewer, trash and water.
Nearby schools
7/10
Junipero Serra Elementary School
Public,•K-5•0.2mi
6/10
Balboa Middle School
Public,•6-8•2.1mi
6/10
Buena High School
Public,•9-12•2.6mi
Condition Rating
Fair
Built in 1983, this property is well-maintained but shows significant signs of being outdated. The kitchen features traditional honey oak cabinets, white laminate countertops, older white appliances, and a dated fluorescent box light fixture, along with very old-fashioned wallpaper. The bathroom also presents with an older vanity, countertop, and dated wallpaper. While functional, these areas, along with the older style laminate wood flooring and general aesthetic, would require minor to moderate updates to meet current quality and style standards.
Pros & Cons
Pros
Comprehensive HOA Benefits & Community Amenities: The Homeowners Association covers significant expenses including home insurance, community maintenance, sewer, trash, and water, simplifying ownership. Additionally, the property benefits from a community pool/spa area located directly across from the home.
Desirable Interior Design & Natural Light: The townhome features an open living and dining area with laminate wood flooring, vaulted ceilings, and high windows with shutters, providing excellent natural light and a spacious feel.
Private Outdoor Space & Ample Parking: The property includes a private enclosed front patio for outdoor enjoyment and a convenient attached two-car garage, offering practical benefits for residents.
Excellent School Proximity: Located very close to a highly-rated elementary school (Junipero Serra Elementary, rating 7, 0.16 miles), which is a significant advantage for families or future resale value.
Convenient Indoor Laundry & Storage: The presence of indoor laundry facilities, along with linen storage and a walk-in closet in the bedroom, adds significant convenience and functionality to the home.
Cons
Limited Living Space & Bedroom Count: With only 1 bedroom and 817 sqft, the property caters to a very specific, smaller demographic, potentially limiting its market appeal and resale value compared to larger units.
High Monthly HOA Dues: The $600 monthly HOA fee is substantial and, despite its inclusions, represents a significant ongoing cost that could deter potential buyers.
Significant Price Reduction History: Multiple price drops from the original list price of $479,900 to $420,000 indicate the property may have been initially overpriced or has faced challenges attracting buyers, suggesting potential market resistance or perceived value issues.