NOT LISTED FOR SALE

1006 Palmetto Way Unit C Carpinteria, CA 93013

Estimated Value: $888,000 - $1,175,000

3 Beds
1.5 Baths
1,344 Sq Ft
$719/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $484,500 $360 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,032/month

10 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Double Pane Windows
  • Outdoor Pool
  • Property is near a park
  • Community Playground

About This Home

As of January 2015

This town home style condo had a very extensive remodel from the ground up, inside and out. The kitchen and bathrooms have been gutted and updated and extensively remodeled. Newer flooring, tile, paint, carpet, all double paned doors and windows, lighting and electrical work. The back patio has undergone a facelift with newer plants and outdoor custom lighting. One of the largest and least expensive condos on the market.

Last Agent to Sell the Property

Mike Long

Village Properties - 1 Listed on: 11/06/2014

Last Buyer's Agent

Jessica Sessions

Berkshire Hathaway HomeServices California Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,822

Year Built

  • Built in 1974

Lot Details

  • Back Yard Fenced
  • Property is in excellent condition

HOA Fees

  • $360 Monthly HOA Fees

Property Views

  • Ocean
  • Mountain

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Dining Area
  • 220 Volts In Laundry

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Carport

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean

Location

  • Property is near a park
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Canalino Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 001-340-038

Community Details

Overview

  • Association fees include earthquake insurance, water, prop mgmt, comm area maint, exterior maint
  • $175 HOA Transfer Fee
  • 230 Buildings
  • 230 Units
  • Villa Del Mar Community
  • Greenbelt

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,822

Year Built

Built in 1974

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Association Fee: 360
  • Association Transfer Fee: 175
  • Directions: 101 S. to Bailard. Exit 101 left over freeway, first right, left on Palmetto Way. 3rd or 4th unit on the right.
  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: 220V Elect
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Amenities: Pool, Play Area, Greenbelt
  • Reso Association Fee Includes: Earthquake Insurance, Water, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Architectural Style: Townhouse
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 230
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Villa Del Mar
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Cpt #12: Yes
  • Laundry:_two_20V Elect2: Yes
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Gar #12: Yes
  • AssocPark Amenities Play Area: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Pets Yes: Yes
  • Style Townhouse2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Other, Composition
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Pool, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1, Cpt #1

Utilities

  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Carp Wtr
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: Yes

Schools

  • Elementary School: Canalino
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 001-340-038
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Jan 8, 2015
Sold by
Underwood Michael
Bought by
Gomez Gabriel and Gomez Marisol Vasquez
Seller's Agent
Mike Long
Village Properties - 1
Buyer's Agent
Jessica Sessions
Berkshire Hathaway HomeServices California Properties
List Price
$489,000
Sold Price
$484,500
Premium/Discount to List
-$4,500
-0.92%
Current Estimated Value
$966,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,889
Avg. Annual Appreciation
6.45%
Original Mortgage
$387,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2012
Sold by
Bank Of American Na
Bought by
Underwood Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2011
Sold by
Tejeda Christina Marie
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 9, 2004
Sold by
Badia Laurella
Bought by
Tejeda Christina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 1994
Sold by
Porter Robert W
Bought by
Badia Laurella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gomez Gabriel $484,500 Fidelity National Title Co
Underwood Michael $298,000 Landsafe Title Simi Valley
Bank Of America Na $258,000 Landsafe Title
Tejeda Christina Marie $605,000 Fidelity National Title Co
Badia Laurella $175,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Gabriel $387,600
Previous Owner Underwood Michael $238,000
Previous Owner Tejeda Christina Marie $484,000
Previous Owner Badia Laurella $160,000
Closed Tejeda Christina Marie $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $484,500 -0.9% $360 / Sq Ft
11/16/2014 11/16/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $489,000 -- $364 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,822 $582,284 $291,142 $291,142
2023 $6,822 $559,676 $279,838 $279,838
2022 $6,575 $548,702 $274,351 $274,351
2021 $6,424 $537,944 $268,972 $268,972
2020 $6,339 $532,430 $266,215 $266,215
2019 $6,201 $521,992 $260,996 $260,996
2018 $6,088 $511,758 $255,879 $255,879
2017 $5,968 $501,724 $250,862 $250,862
2016 $5,864 $491,888 $245,944 $245,944
2015 $3,956 $310,916 $182,892 $128,024
2014 $3,734 $304,827 $179,310 $125,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-3458

Santa Barbara Multiple Listing Service

APN: 001-340-038