NOT LISTED FOR SALE

1035 Palmetto Way Unit J Carpinteria, CA 93013

Estimated Value: $646,000 - $804,000

2 Beds
1.5 Baths
897 Sq Ft
$360/mo HOA Fee

Last Sold May 19, 2017

Last sale price $525,000 $585 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,846/month

153 Days on Market

Highlights

  • Pool House
  • Property is near a park
  • Community Playground
  • Property is near an ocean
  • Spanish Architecture
  • 5-minute walk to Monte Vista Park

About This Home

As of May 2017

Move right in! This 2bd, 1.5ba Villa del Mar condo has been extensively remodeled and updated. Features include stone floors, built-in storage in living room, tankless water heater, cozy fenced patio, and end unit plus community pool with play area. Convenient to everything. Light, bright, immaculate. LB/GO

Last Listed By

Diane Waterhouse

Sotheby's International Realty Listed on: 11/08/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 1973

Lot Details

  • Back Yard Fenced
  • Property is in good condition

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 897 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • 220 Volts In Laundry

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Garage
  • Carport

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • 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
  • Tankless Water Heater
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-350-030

Community Details

Overview

  • Association fees include earthquake insurance, water, comm area maint, exterior maint
  • 230 Buildings
  • 230 Units
  • Villa Del Mar Community

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,100

Year Built

Built in 1973

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Association Fee: 360 mo
  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: 220V Elect
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Amenities: Pool, Play Area
  • Reso Association Fee Includes: Earthquake Insurance, Water, Comm Area Maint, Exterior Maint
  • Architectural Style: Spanish
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • 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.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Appliances Included Dishwasher3: Yes
  • WaterSewer Sewer Hookup: Yes
  • Construction Two Story2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Villa Del Mar
  • Roof:Tile2: 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
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • Dining In Living Room2: Yes
  • Appliances Included Elect Stove2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Dishwasher, Elect Stove
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Tile
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Pool, Pool House, 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: Street Lights
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 001-350-030
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2020
Sold by
Torres Louis and Plesetz Amy
Bought by
Torres Louis and Plesetz Amy
Total Days on Market
153
Current Estimated Value
$702,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$227,843
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$462,713

Purchase Details

Listed on
Nov 8, 2016
Closed on
Apr 14, 2017
Sold by
Sacco Philip J
Bought by
Torres Louis and Plesetz Amy
Seller's Agent
Diane Waterhouse
Sotheby's International Realty
Buyer's Agent
Devin Wong
Village Properties
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$420,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2016
Sold by
Cochran Pamela Jeanne
Bought by
Short Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Sacco Philip J
Bought by
Sacco Philip J

Purchase Details

Closed on
Jul 25, 2005
Sold by
Denio Jacqueline Lynette
Bought by
Sacco Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.56%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2004
Sold by
Mcarthy George A and Mcarthy Antoinette
Bought by
Denio Jacqueline Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,125
Interest Rate
5.38%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 1, 2000
Sold by
Cagan Angelia J and Cagan Dennis J
Bought by
Mcarthy George A and Mcarthy Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.88%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Farrant Kenneth A and Farrant Jackie
Bought by
Cagan Dennis J and Cagan Angelia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.9%

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
Torres Louis -- Stewart
Torres Louis $525,000 First American Title Company
Short Ronald $550,000 Fidelity National Title Co
Sacco Philip J -- None Available
Sacco Philip J $600,000 First American Title Company
Denio Jacqueline Lynette $497,500 Equity Title Company Santa B
Mcarthy George A $258,500 First American Title Co
Cagan Dennis J $190,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Louis $310,000
Closed Torres Louis $420,000
Previous Owner Short Ronald $522,500
Previous Owner Sacco Philip J $480,000
Previous Owner Denio Jacqueline Lynette $373,125
Previous Owner Mcarthy George A $193,000
Previous Owner Mcarthy George A $193,500
Previous Owner Cagan Dennis J $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $525,000 -7.1% $585 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $565,000 -- $630 / 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
2023 $7,100 $585,642 $293,379 $292,263
2022 $6,843 $574,160 $287,627 $286,533
2021 $6,686 $562,903 $281,988 $280,915
2020 $6,598 $557,132 $279,097 $278,035
2019 $6,456 $546,209 $273,625 $272,584
2018 $6,339 $535,500 $268,260 $267,240
2017 $6,289 $525,000 $250,000 $275,000
2016 $5,314 $433,000 $252,000 $181,000
2015 $5,107 $412,000 $240,000 $172,000
2014 $4,512 $374,000 $218,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-3686

Santa Barbara Multiple Listing Service

APN: 001-350-030