NOT LISTED FOR SALE

1023 Plum St Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $1,573,000 - $2,418,000

Studio
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $1,130,000

Est. 79% increase in value since last sale

Current estimated payment $11,883/month

55 Days on Market

Highlights

  • Property is near an ocean
  • Forced Air Heating System
  • 1-Story Property
  • Property is near public transit, schools, shops, and bus stop

About This Home

As of June 2016

Three units at the corner of Carpinteria and Plum Avenues. All three are in good condition with good tenants. CPD/R zoning allows for commercial with residential overlay or just residential at 20 units per acre. Pest control, home inspection, city inspection, preliminary title and NHD available upon request. Owner will complete pest work through escrow.

Last Agent to Sell the Property

Debbie Murphy

Murphy King Real Estate License #00580025 Listed on: 05/23/2016

Co-Listed By

Elena Felland

Belgarden Realty License #00701551

Last Buyer's Agent

Don Ford

Sun Coast Real Estate License #00953123

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x107x82x108
  • Property is in good condition

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Individual Gas Meter

Additional Features

  • Property is near an ocean
  • Property is near public transit, schools, shops, and bus stop

Listing and Financial Details

  • Assessor Parcel Number 003-210-006

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Gross Income $70,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Income Expenses Annual Income: 70380.0
  • Monthly Income: 5865.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: Y
  • Miscellaneous Parking Spaces: 6.0
  • Building Stories: 1
  • ResoLaundryFeatures: Some
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: belr
  • Co List Office Phone: 805-451-0427
  • Reso Flooring: Other
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1965
  • Property Information Apx # Acres: 0.2
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 8712.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Property Information Apx Lot Size FxD: 80x107x82x108
  • Pets Yes: Yes
  • General Property Information Stories2: 1.0
  • HeatingCooling GFA: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.2
  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 6.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 003-210-006
  • Zoning: Other
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Rental Info

  • Owner Pays: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 70380.0
  • Total Actual Rent: 5865.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Jun 6, 2016
Sold by
Baratto Gaile M
Bought by
1716Sp
Seller's Agent
Debbie Murphy
Murphy King Real Estate
Buyer's Agent
Don Ford
Sun Coast Real Estate
List Price
$1,265,000
Sold Price
$1,130,000
Premium/Discount to List
-$135,000
-10.67%
Current Estimated Value
$2,023,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,507
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Oct 24, 2006
Sold by
Baratto Giulio J
Bought by
Baratto Giulio J and Baratto Gaile M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
7.17%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 17, 2001
Sold by
Baratto Gaile
Bought by
Baratto Giulio J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
1716Sp $1,130,000 Wfg National Title Ins Co
Baratto Giulio J -- Stewart Title Of Ca Inc
Baratto Giulio J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baratto Giulio J $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2016 06/27/16 Sold $1,130,000 0.0% --
06/27/2016 06/27/16 Sold $1,130,000 -10.7% -- View Prior Sale
05/28/2016 05/28/16 Pending -- -- --
05/28/2016 05/28/16 Pending -- -- --
04/03/2016 04/03/16 For Sale $1,265,000 0.0% --
04/03/2016 04/03/16 For Sale $1,265,000 -- --
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 $16,379 $1,347,926 $947,036 $400,890
2023 $16,379 $1,295,586 $910,262 $385,324
2022 $15,780 $1,270,183 $892,414 $377,769
2021 $15,417 $1,245,278 $874,916 $370,362
2020 $15,202 $1,232,510 $865,945 $366,565
2019 $14,830 $1,208,344 $848,966 $359,378
2018 $14,551 $1,184,652 $832,320 $352,332
2017 $14,166 $1,152,600 $816,000 $336,600
2016 $8,239 $594,380 $396,255 $198,125
2015 $8,168 $585,452 $390,303 $195,149
2014 $7,714 $573,985 $382,658 $191,327
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Debbie Murphy

    Murphy King Real Estate

    (805) 689-9696

    11 in this area

    41 Total Sales

    Debbie Murphy
    Section Image

  • E

    Seller's Agent in 2016

    Elena Felland

    Belgarden Realty

    (805) 451-0427

    2 Total Sales

    Elena Felland
    Section Image
  • Don Ford

    Buyer's Agent in 2016

    Don Ford

    Sun Coast Real Estate

    (805) 689-7776

    3 Total Sales

    Don Ford
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1079

Santa Barbara Multiple Listing Service

APN: 003-210-006

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

1023 Plum St, Carpinteria, CA

Not Listed for Sale

MultiFamily

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