June 20, 2019
Quote of the Day
Knowledge is the soil, and intuitions are the flowers which grow up out of it.
– Henry Ward Beecher
This Day in History
June 20, 1963: U.S. and Soviet Union agree to establish nuclear “hot line.” To lessen the threat of an accidental nuclear war, the United States and the Soviet Union agree to establish a “hot line” communication system between the two nations. The agreement was a small step in reducing tensions between the United States and the USSR following the October 1962 Missile Crisis in Cuba, which had brought the two nations to the brink of nuclear war.
The need for nearly instantaneous and full-time communication between the U.S. and Soviet governments became apparent during the Cuban Missile Crisis of October 1962. The United States had discovered that the Soviets were building missile sites in Cuba capable of firing missiles with nuclear warheads. Eventually, the administration of President John F. Kennedy instituted a naval “quarantine” around Cuba to block the delivery of such missiles. Possible nuclear conflict was avoided only when Soviet leader Nikita Khrushchev agreed that his country would not install nuclear weapons in Cuba. In exchange, the United States vowed not to threaten the sovereignty of Cuba. Prior to the settlement, the world sat through several very tense days of waiting to see whether World War III would begin. In an attempt to reduce the tensions brought about by the October 1962 crisis, and hopefully avert any future misunderstandings that might trigger a nuclear conflict, the United States and the Soviet Union agreed in June 1963 to establish a “hot line.” It would be a 24-hour-a-day communications link between Washington, D.C., and Moscow. President Kennedy declared, “This age of fast-moving events requires quick, dependable communication in time of emergency.” The agreement was a “first step to help reduce the risk of war occurring by accident or miscalculation.”
The system was put into place a few months after the agreement was signed. Beyond serving as a dramatic prop in movies such as Fail Safe (or a comedic prop in the film Dr. Strangelove), the communication line has – thankfully – never had to be used to avert a nuclear war.
Ojai Weather
Cloudy, then partly sunny – High 72 / Low 57
~
Total rainfall for the season – 27.22
Thursday, June 20, 2019
12:25 p.m.
There is a new listing on the market:
- 974 El Centro Street – $779,000.
Changes to the All Listings page:
- 11195 N. Ventura Avenue #7 – back on the market (had been cancelled).
- 48 Don Antonio Way – back on the market (had been a pending sale).
- 1872 Country Place – reduced from $739,000 to $724,900.
- 316 N. La Luna Avenue – reduced from $850,000 to $799,000.
- 11352 Puesta Del Sol – sold for $775,000 (originally listed for $770,000).
- 10600 Ojai Santa Paula Road – this listing has been cancelled.
- 2095 Valley Meadow Drive – this listing has been cancelled.
- 86 Arnaz Drive – this listing has been cancelled. (The Ventura MLS link will show this as “unavailable.”)
Pic of the Day
Wednesday, June 19, 2019
5:15 p.m.
There is a new listing on the market:
- 43 Don Antonio Way – $272,000.
Changes to the All Listings page:
- 12252 Ojai Santa Paula Road – reduced from $879,000 to $849,000.
- 614 Grand Avenue – sale pending.
- 1116 Mariano Drive – sold for $668,000 (originally listed for $695,000).
- 11583 Oakcrest Avenue – this listing has been withdrawn from the market. (The Ventura MLS link will show this as “unavailable.”)
- 2571 Bonmark Drive – this listing has been withdrawn from the market. (The Ventura MLS link will show this as “unavailable.”)
12:10 p.m.
Changes to the All Listings page:
- 1115 Creekside Way #B – this listing has been withdrawn from the market. (The Ventura MLS link will show this as “unavailable.”)
Pic of the Day
Tuesday, June 18, 2019
7:50 p.m.
Changes to the All Listings page:
- 12599 Koenigstein Road – back on the market (had been a cancelled listing).
- 11 Don Antonio Way – sold for $165,000 (originally listed for $165,000).
- 318 N. La Luna Avenue – sold for $673,000 (originally listed for $649,000). Congrats to both our client/seller and client/buyers! Our seller in this transaction was extremely helpful in providing the buyers with information about the home, even writing up a fantastic document on how to care for the chickens that he left behind for them. We will miss his crazy dog, Kiva, who was both a real sweetheart and a zany knucklehead at the same time! Good luck in your new adventure! Our buyers, Ryan & Michelle (and Wiley), were also great throughout the transaction. I bet you guys never knew that 45 days would seem like such a long time! We know you’ll enjoy your new home, and we expect a sample of your homemade peanut butter at some point!
9:50 a.m.
Changes to the All Listings page:
- 1049 Loma Drive – sale pending.
We were turned on to this recent article in the Wall Street Journal by a client of ours. In it, it describes how banks are seeing more of, and adjusting to, situations where home buyers are having their parents purchase a shared home (duplexes in particular) – moving in with them with a sort of “compound” mentality (something our listing at 1442 S. Rice Road fits to a “T” by the way). It also mentions how some banks are reducing their down-payment requirements in these situations, even though this scenario would traditionally have been treated as an investment property.
Pic of the Day
Monday, June 17, 2019
6:15 p.m.
Changes to the All Listings page:
- 1014 Creekside Way #G – reduced from $425,000 to $420,000.
- 950 Woodland Avenue #28 – reduced from $198,000 to $188,000.
- 1075 Loma Drive #35 – reduced from $79,900 to $69,900.
- 48 Don Antonio Way – sale pending.
- 70 Rockaway Road – sold for $565,000 (originally listed for $579,000).
- 13001 Koenigstein Road – this listing has been cancelled.
- 12599 Koenigstein Road – this listing has been cancelled.
- 11195 N. Ventura Avenue #7 – this listing has been cancelled.
9:55 a.m.
There is a new listing on the market:
- 1055 N. Signal Street – $3,575,000.
Changes to the All Listings page:
- 111 S. Poli Street – sale pending. Congrats to our client/seller who put this listing into escrow!
Pic of the Day
Saturday, June 15, 2019
12:35 p.m.
There is a new listing on the market:
- 2490 Bonmark Drive – $709,000.
Changes to the All Listings page:
- 1694 S. Rice Road – reduced from $799,000 to $779,000.
- 2181 Valley Meadow Drive – sale pending.
- 2153 Valley Meadow Drive – sold for $1,178,500 (originally listed for $1,185,000).
The open house list has been updated! Today we’ll be holding three of our listings open, all from 1:00 p.m. to 4:00 p.m. – 111 S. Poli Street, 522 Pleasant Avenue, and 208 S. Ventura Street #A.
Pic of the Day
Friday, June 14, 2019
3:10 p.m.
Changes to the All Listings page:
- 111 S. Poli Street – reduced from $675,000 to $659,000.
- 907 Drown Avenue – sale pending.
- 330 S. Padre Juan Avenue – sold for $615,000 (originally listed for $649,000).
- 127 Bundren Street – this listing has been withdrawn from the market. (The Ventura MLS link will show this as “unavailable.)
Have a great weekend and we’ll see you tomorrow with the updated open house list!
8:35 a.m.
- No changes yet for today. Here’s the list of things to do in Ojai!
Pic of the Day
Thursday, June 13, 2019
11:35 p.m.
There are four new listings on the market:
- 1442 S. Rice Road – $1,389,000. This is our newest listing that I mentioned on Tuesday. You can catch a sneak preview of it tomorrow (Friday) from 9:30 a.m. to 1:00 p.m. It will not be available to see during open houses this weekend.
- 11075 Sulphur Mountain Road – $2,499,000.
- 398 Skyhigh Drive – $465,000.
- 288 N. La Luna Avenue – $759,000.
Changes to the All Listings page:
- 211 Fox Street – reduced from $615,000 to $599,000.
- 619 W. El Roblar Drive – reduced from $1,995,000 to $1,850,000.
- 153 S. Padre Juan Avenue – this Honorable Mention is now a pending sale.
- 302 S. Montgomery Street – this listing has been withdrawn from the market.
9:45 a.m.
There are three new listings on the market:
- 917 Bryant Place – $599,000.
- 1049 Loma Drive – $1,049,000.
- St. Thomas Drive land parcel – $375,000. (This was recently on the market in February.)
Changes to the All Listings page:
- 820 Foothill Lane – back on the market (had been a pending sale) and reduced from $1,398,000 to $1,300,000.
- 1615 McNell Road – reduced from $1,925,000 to $1,795,000.
- 12768 Blue Heron Circle – reduced from $2,695,000 to $2,650,000.
- 1255 McNell Road – reduced from $2,350,000 to $1,995,000.
- 11480 Sulphur Mountain Road – sale pending.
- 309 S. Signal Street – this Best Buy is now a pending sale.
- 142 N. Alvarado Street – sold for $705,000 (originally listed for $749,000).
- 310 E. Aliso Street – this listing has been cancelled.
I wasn’t able to perform an update yesterday afternoon because the photo session for the new listing we have coming on the market (later today) took me 5 1/2 hours to complete. No wonder; I took close to 600 photos and drone/video shots!
Pic of the Day
Wednesday, June 12, 2019
8:25 a.m.
There is a new listing on the market:
- 1405 Meadowbrook Road – $729,000
Changes to the All Listings page:
- 347 N. Arnaz Street – sale pending.
- 418 W. El Roblar Drive – sale pending.
Pic of the Day
Tuesday, June 11, 2019
4:35 p.m.
Changes to the All Listings page:
- 407 El Paseo Road – sale pending.
Here’s a reminder that we have an exciting new listing coming up on Thursday, one with so many possibilities (live/work, potential yoga or spiritual retreat, a family compound, or income property). I’ll be taking photos and video footage tomorrow; the listing will go live on the MLS (and here on BBIO) late Thursday afternoon or evening.
9:10 a.m.
Changes to the All Listings page:
- 78 Don Antonio Way – increased from $135,000 to $140,000.
- 110 Park Road – reduced from $695,000 to $655,000.
Pic of the Day
Monday, June 10, 2019
5:40 p.m.
There is a new listing on the market:
- 78 Don Antonio Way – $135,000.
Changes to the All Listings page:
- 250 Verde Oak Drive – back on the market (had been expired) and reduced from $1,095,000 to $1,085,000.
- 302 S. Montgomery Street – back on the market (had been a pending sale).
- 304 S. Montgomery Street – back on the market (had been a pending sale).
- 530 N. Ventura Avenue – reduced from $849,000 to $785,000.
- 922 Ayers Avenue – sale pending.
- 25 La Cumbra Street – sold for $800,000 (originally listed for $869,000).
- 380 Longhorn Lane – sold for $525,000 (originally listed for $995,000).
- 905 Sunset Place – sold for $620,000 (originally listed for $633,300).
- 155 N. Encinal Avenue – this listing has been cancelled.
10:45 a.m.
There are two new listings on the market:
- 12599 Koenigstein Road – $1,799,000. This one has a Santa Paula address, but since other properties listed in the MLS have shown Koenigstein Road as an Ojai address, I’m including it to cover all bases.
- 38 Don Antonio Way – $159,000.
Changes to the All Listings page:
- 7343 Rose Valley Road – this listing has expired.
- 250 Verde Oak Drive – this listing has expired.
Pic of the Day
Saturday, June 8, 2019
11:20 a.m.
Changes to the All Listings page:
- 1036 N. Ventura Avenue – reduced from $559,000 to $539,000.
- 202 N. Carrillo Road #D – sale pending.
The open house list has been updated! We’ll be holding our listings at 208 S. Ventura Street #A and 522 Pleasant Avenue open today from 1:00 to 4:00 p.m.
Pic of the Day
Friday, June 7, 2019
7:45 p.m.
There is a new listing on the market:
- 1139 Anita Avenue – $459,000.
Changes to the All Listings page:
- 445 Mahoney Avenue – reduced from $425,000 to $399,000.
- 2226 Sumac Drive – this Honorable Mention has been reduced from $749,000 to $739,000.
- 8 Don Antonio Way – reduced from $145,000 to $132,000.
- 308 Shady Lane – sale pending.
- 1273 S. Rice Road #17 – sale pending.
Have a great weekend and we’ll see you tomorrow with the updated open house list.
10:15 a.m.
There is a new listing on the market:
- 922 Ayers Avenue – $680,000.
Here’s the list of things to do in Ojai!
Pic of the Day
Thursday, June 6, 2019
9:35 p.m.
Thought I was done for the day, but here’s one more new listing on the market!
- 1477 Foothill Road – $1,760,000
9:05 p.m.
There are four new listings on the market:
- 1701 McNell Road – $3,400,000.
- 407 El Paseo Road – $659,000.
- 42 Rockaway Road – $750,000.
- 415 S. Pueblo Avenue – $629,000.
Changes to the All Listings page:
- 418 W. El Roblar Drive – back on the market (had been withdrawn) and increased from $399,000 to $469,000.
- 2330 Ladera Road – back on the market (had been expired) and reduced from $2,490,000 to $2,395,000.
- 1010 El Toro Road – reduced from $2,150,000 to $1,995,000.
- 111 S. Poli Street – reduced from $699,000 to $675,000.
- 48 Don Antonio Way – reduced from $139,000 to $127,000.
- 504 W. Eucalyptus Street – sale pending.
8:55 a.m.
Changes to the All Listings page:
- 66 Chaparral Avenue – sold for $721,000 (originally listed for $785,000).
It’s been 75 years to the day that the Allies stormed the beaches at Normandy. If you haven’t seen Ken Burns’ “The War” documentary and you’re interested in learning more about WWII from a more personal perspective, be sure to check it out on Netflix; it’s worth it.
Pic of the Day
Wednesday, June 5, 2019
6:45 p.m.
There are two new listings on the market:
- 347 N. Arnaz Street – $499,000.
- 1273 S. Rice Road #17 – $279,000.
Changes to the All Listings page:
- N. Ventura Avenue land parcel – back on the market (had been expired) and reduced from $59,000 to $40,000.
- 410 Church Road #57 – reduced from $450,000 to $445,000.
- 617 W. Heather Street – sold for $670,000 (originally listed for $680,000).
- San Ramon Way land parcel – sold for $325,000 (originally listed for $300,000).
10:10 a.m.
There is a new listing on the market:
- 12313 MacDonald Drive – $1,895,000
Changes to the All Listings page:
- 401 Walbridge Way – back on the market (had been a pending sale).
- 614 Grand Avenue – back on the market (had been a pending sale).
- 309 S. Signal Street – this Best Buy has been reduced from $1,395,000 to $1,275,000.
- 1273 S. Rice Road #3 – reduced from $59,000 to $49,000.
- 1014 Creekside Way #G – reduced from $429,000 to $425,000.
- 11195 N. Ventura Avenue #19 – sale pending.
- 705 E. Oak Street – sold for $567,500 (originally listed for $585,000).
- 108 Shady Lane – sold for $590,000 (originally listed for $595,000).
- 1202 Loma Drive #17 – sold for $155,850 (originally listed for $172,000).
- N. Highway 33 land parcel – sold for $110,000 (originally listed for $110,000).
- 429 S. Carrillo Road – this listing has been withdrawn from the market.
Pic of the Day
Tuesday, June 4, 2019
10:20 a.m.
There are two new listings on the market:
- 99 Don Carlos Way – $134,900.
- 12772 Treeranch Road – $750,000.
Changes to the All Listings page:
- 522 Pleasant Avenue – reduced from $795,000 to $785,000.
- 433 Sunset Street – this Honorable Mention has been reduced from $779,000 to $759,000.
- 1273 S. Rice Road #7 – sold for $158,000 (originally listed for $164,500).
- 1885 Maricopa Highway #13 – sold for $230,000 (originally listed for $240,000).
- 985 W. El Roblar Drive – sold for $1,100,000 (originally listed for $1,999,900).
Pic of the Day
Monday, June 3, 2019
2:10 p.m.
There is a new listing on the market:
-
212 Goldenwest Avenue – $495,000.
Changes to the All Listings page:
- 1620 S. Rice Road – reduced from $529,900 to $524,900.
- 1183 Bonmark Drive – reduced from $679,000 to $675,000.
- 168 N. La Luna Avenue – sale pending. (This is a “new” listing that had a pending offer on it before it was listed in the MLS.)
- 10976 Alto Court – sold for $1,840,000 (originally listed for $1,999,999).
- 11235 N. Ventura Avenue – sold for $600,000 (originally listed for $600,000).
- 2330 Ladera Road – this listing has expired.
- 206 Mahoney Avenue – this listing has been withdrawn from the market.
Pic of the Day
Saturday, June 1, 2019
7:35 p.m.
Changes to the All Listings page:
- 125 Prospect Street – sold for $550,000 (originally listed for $579,000).
- 10248 Ojai Santa Paula Road – sold for $1,050,000 (originally listed for $999,000). This is a “new” listing that sold and closed before it was ever listed in the MLS.
And last but not least, the Ojai Market Data update has been completed! Sorry it took so long, but it’s been an extremely engaging 11-hour real estate day. I did manage to get some awesome video footage of a new listing we have coming up in a couple of weeks – I can’t wait for you to see this one!
Have a great night! Now, where to go in Ojai for a quick bite??
1:30 p.m.
There are three new listings on the market:
- 1872 Country Place – $739,000.
- 1075 Loma Drive #35 – $79,900.
- 168 Don Antonio Way – $79,900.
Changes to the All Listings page:
- 211 Fox Street – reduced from $639,000 to $615,000.
- 210 Del Norte Road – sale pending.
- 209 S. Montgomery Street – sale pending.
- 135 N. Lomita Avenue – this Honorable Mention/listing has expired.
The open house list has been updated! We’ll be holding our listings open at 208 S. Ventura Street #A, Saturday, 1:30 to 4:00 and Sunday, 1:00 to 4:00 – and 111 S. Poli Street, Sunday, 1:00 to 4:00
I’ll be running the numbers for the monthly Ojai Market Data update as you read this. Check back here in a few hours to see how the month of May fared in the Ojai real estate market!
Pic of the Day
