731 Terrace View Place, Port Hueneme, California 93041, Port Hueneme, - bed, bath

ACTIVE UNDER CONTRACT$500,000
731 Terrace View Place, Port Hueneme, California 93041
3Beds
2Baths
1,532Sqft
1,182Lot
Year Built
1985
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
-
HOA
$540
Days on market
-
Sold On
-
MLS number
220003999
Home ConditionFair
Features
Good View:
Deck
Patio
View
About this home
Nearby schools
5/10
Hueneme Elementary School
Public,•K-6•0.5mi
4/10
Hueneme High School
Public,•9-12•1.6mi
9/10
Rancho Campana High
Public,•9-12•12.0mi
Price History
Date
Event
Price
04/21/20
Listing
$500,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (45 Listings) | |
|---|---|---|---|
| Beds | 3 | 2 | 70% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,532 | 1,121 | 91% |
| Lot Size | 1,182 | 0 | 2% |
| Price | $500K | $508K | 50% |
| Price per square foot | $326 | $450 | 2% |
| Built year | 1985 | 9870989 | 80% |
| HOA | $540 | $570 | 43% |
| Days on market | 2024 | 153 | 96% |
Condition Rating
Fair
The property was built in 1985, making it 39 years old. While it appears well-maintained and clean, the interior elements visible in the images, such as the carpet throughout, the dated brass chandelier, and the fluorescent box light fixture, strongly suggest that no major renovations have occurred since its construction. The fireplace and staircase railing also reflect the original build era. Without images of the kitchen and bathrooms, it's assumed they align with the rest of the property's condition, being functional but outdated. This aligns with the 'Fair' criteria: 'Typically built within the last 25 to 40 years with no major renovations since construction' and 'Major components are functional but show signs of being outdated.'
Pros & Cons
Pros
Desirable Coastal Location: Situated in Port Hueneme within the 'Oxnard - Port Hueneme Beaches' area, offering attractive proximity to the coast and beach amenities.
Condominium Benefits: As a condominium, it typically provides a lower-maintenance lifestyle, with exterior upkeep often managed by the association.
Spacious Living Area: With 3 bedrooms and 2 bathrooms across 1532 sqft, the property offers a comfortable and functional layout for various household needs.
Confirmed Scenic Views: The property explicitly 'has_view:true', indicating potential for desirable ocean or other scenic vistas, enhancing its appeal.
Demonstrated Market Interest: Currently 'Active Under Contract', which signals that the property has already attracted a buyer and is perceived as valuable in the current market.
Cons
Property Age: Built in 1985, the property is nearly 40 years old, suggesting that some systems or finishes may be original and could require future updates or maintenance.
High Monthly Association Fee: A significant monthly association fee of $540 adds substantially to the ongoing cost of ownership, which could deter some buyers.
Limited Lot Size: The small lot size of 1182 sqft, even for a condominium, indicates minimal private outdoor space, which might be a drawback for those desiring a larger yard or patio.

