205 Jordan, Ventura, California 93001, Ventura, 93001 - 3 bed, 2 bath

205 Jordan, Ventura, California 93001 home-pic-0
ACTIVE$1,150,000
205 Jordan, Ventura, California 93001
3Beds
2Baths
1,399Sqft
5,662Lot

Price Vs. Estimate

The estimated value ($1,211,555.575) is $61,555.575 (5%) higher than the list price ($1,150,000). This property may be underpriced.

Key pros and cons

Top Pros:
Desirable Coastal Location: Located in Ventura, a highly sought-after coastal city known for its lifestyle, beaches, and community amenities.
Top Cons:
Age of Property & Potential for Updates: As an 80-year-old home (built 1944), it may require significant investment in updating major systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet modern standards and buyer expectations.

Compared to the nearby listings

Price:$1.15M vs avg $1.26M ($-112,000)44%
Size:1,399 sqft vs avg 1,728 sqft36%
Price/sqft:$822 vs avg $77757%

More Insights

Built in 1944 (81 years old).
Condition: Despite being built in 1944, this property has undergone an extensive and very recent renovation. The kitchen features new white shaker cabinets, modern light countertops, a subway tile backsplash, and new stainless steel appliances (range, microwave). Both bathrooms are completely updated with new dark wood vanities, white countertops, modern fixtures, tiled shower surrounds with glass doors, and recessed lighting. New wood-look laminate flooring is installed throughout the home, complemented by fresh paint and new vinyl windows. All visible components are new or virtually new, meeting current quality standards, indicating a move-in ready home with no deferred maintenance.
Year Built
1944
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$822
HOA
-
Days on market
-
Sold On
-
MLS number
SR25277720
Home ConditionExcellent
Features
Good View:
View

About this home

Nearby schools

2/10
Will Rogers Elementary School
Public,K-50.3mi
4/10
Lincoln Elementary School
Public,K-51.0mi
6/10
Cabrillo Middle School
Public,6-80.8mi
6/10
Ventura High School
Public,9-120.2mi

Price History

Date
Event
Price
11/03/22
Sold
$850,000
06/16/16
Sold
$550,000
Condition Rating
Excellent

Despite being built in 1944, this property has undergone an extensive and very recent renovation. The kitchen features new white shaker cabinets, modern light countertops, a subway tile backsplash, and new stainless steel appliances (range, microwave). Both bathrooms are completely updated with new dark wood vanities, white countertops, modern fixtures, tiled shower surrounds with glass doors, and recessed lighting. New wood-look laminate flooring is installed throughout the home, complemented by fresh paint and new vinyl windows. All visible components are new or virtually new, meeting current quality standards, indicating a move-in ready home with no deferred maintenance.
Pros & Cons

Pros

Desirable Coastal Location: Located in Ventura, a highly sought-after coastal city known for its lifestyle, beaches, and community amenities.
Excellent School Access: The property benefits from close proximity to highly-rated Ventura High School (0.24 miles) and Cabrillo Middle School (0.81 miles), appealing to families.
Confirmed Views: The property explicitly features desirable views, which significantly enhances its appeal and market value.
Strong Historical Appreciation: The property has demonstrated substantial value growth, with a significant increase from its 2022 and 2016 sale prices, indicating a robust local market and investment potential.
Established Neighborhood Charm: Built in 1944, the home is situated in a mature, established neighborhood, often characterized by tree-lined streets and a sense of community.

Cons

Age of Property & Potential for Updates: As an 80-year-old home (built 1944), it may require significant investment in updating major systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet modern standards and buyer expectations.
Aggressive Pricing Strategy: The current list price of $1.15M represents a substantial increase from its last sale price of $850,000 in November 2022, which could be perceived as aggressive and may require strong justification through recent upgrades or unique features.
Modest Square Footage for Price Point: With 1399 sqft, the property offers a relatively modest living area for its $1.15M price tag, potentially limiting its appeal to buyers seeking more spacious homes in this price range.

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