NOT LISTED FOR SALE

1035 Palmetto Way Unit E Carpinteria, CA 93013

Estimated Value: $850,551 - $1,129,000

3 Beds
1.5 Baths
1,302 Sq Ft
$360/mo HOA Fee

Last Sold October 21, 2015

Last sale price $500,000 $384 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,900/month

6 Days on Market

Highlights

  • Double Pane Windows
  • Tile Flooring
  • 5-minute walk to Monte Vista Park
  • Breakfast Bar
  • Dining Area

About This Home

As of October 2015

The well kept Villa del Mar complex houses this charming town home equipped with 3 bedrooms/1.5 bathrooms, open kitchen and dining area leading to the private outdoor patio.

HOA dues of $360/month include water, all exterior maintenance, as well as a pool and private playground.

The unit has its very own one car garage and one carport space.

Unit to be sold AS-IS. Improvements include new flooring in kitchen, new carpet in all bedrooms and new water heater and refrigerator installed in 2010.

Just across the freeway from the Carpinteria Bluff Nature Preserve, pinnipped rookery and just minutes from Rincon Points world class surf break. Great investment opportunity or first time homeowner.

Last Agent to Sell the Property

Arthur Kalayjian

Sotheby's International Realty Listed on: 09/10/2015

Last Buyer's Agent

Racehl Brown

Berkshire Hathaway HomeServices California Properties License #01950975

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,994

Year Built

  • Built in 1973

Lot Details

  • 1,568

HOA Fees

  • $360 Monthly HOA Fees

Interior Spaces

  • 1,302 Sq Ft Home
  • Double Pane Windows
  • Dining Area

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

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

Additional Features

  • Property is in good condition
  • City Lot

Community Details

  • 230 Buildings
  • 230 Units

Listing and Financial Details

  • Assessor Parcel Number 001-350-025

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,994

Year Built

Built in 1973

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Association Fee: 360
  • Directions: Heading south on the 101 exit Bailard, left, right on via real and left on Palmetto. Heading north on the 101 exit Bailard, right on via real and left on Palmetto.
  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Kitchen
  • Reso Flooring: Carpet, Tile, Vinyl
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1973
  • Property Information Total #Units: 230
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Property Information Within City Limits: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Tile3: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Appliances Included Electric Range2: Yes
  • Laundry In Kitchen3: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6

Schools

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

Lot Info

  • Parcel #: 001-350-025
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2019
Sold by
Mastrogiovanni Christopher M and Darr Leanna Denise
Bought by
Darr Leanne Denise
Current Estimated Value
$938,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Outstanding Balance
$425,243
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$489,598

Purchase Details

Closed on
Oct 17, 2018
Sold by
Darr Leanna
Bought by
Darr Leanna and Mastrogiovanni Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2018
Sold by
Mastrogiovanni Christopher M
Bought by
Darr Leanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2015
Closed on
Sep 25, 2015
Sold by
James Elizabeth and Brand Elizabeth
Bought by
Mastrogiovanni Christopher M and Darr Leanna D
Seller's Agent
Arthur Kalayjian
Sotheby's International Realty
Buyer's Agent
Racehl Brown
Berkshire Hathaway HomeServices California Properties
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$490,943
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2010
Sold by
Brand Ron
Bought by
Brand Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,150
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2010
Sold by
Brito Felipe Brito and Brito Maria Socorro
Bought by
Brand Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,150
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2004
Sold by
Brito Felipe Brito
Bought by
Brito Felipe Brito and Brito Maria Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 31, 2003
Sold by
Aguilar Maria Del Socorro Brito
Bought by
Brito Felipe Brito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Interest Rate
6.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Darr Leanne Denise -- First American Title Company
Darr Leanna -- First American Title Co
Darr Leanna -- First American Title Co
Mastrogiovanni Christopher M $500,000 First American Title Company
Brand Elizabeth -- First American Title Company
Brand Elizabeth $365,000 First American Title Company
Brito Felipe Brito -- Fidelity National Title Co
Brito Felipe Brito -- Stewart Title Of Ca Inc
Brito Felipe Brito $496,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darr Leanne Denise $484,350
Closed Darr Leanna $480,250
Previous Owner Mastrogiovanni Christopher M $490,943
Previous Owner Brand Elizabeth $360,150
Previous Owner Brito Felipe Brito $472,000
Previous Owner Brito Felipe Brito $396,800
Closed Brito Felipe Brito $99,200
Closed Brito Felipe Brito $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2015 10/21/15 Sold $500,000 +1.0% $384 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $495,000 -- $380 / 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 $6,994 $591,894 $295,947 $295,947
2023 $6,994 $568,912 $284,456 $284,456
2022 $6,744 $557,758 $278,879 $278,879
2021 $6,591 $546,822 $273,411 $273,411
2020 $6,505 $541,216 $270,608 $270,608
2019 $6,365 $530,604 $265,302 $265,302
2018 $6,251 $520,200 $260,100 $260,100
2017 $6,130 $510,000 $255,000 $255,000
2016 $6,025 $500,000 $250,000 $250,000
2015 $4,789 $389,090 $197,210 $191,880
2014 $4,517 $381,469 $193,347 $188,122
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3060

Santa Barbara Multiple Listing Service

APN: 001-350-025