NOT LISTED FOR SALE

1042 Palmetto Way Unit A Carpinteria, CA 93013

Estimated Value: $744,000 - $804,000

2 Beds
1.5 Baths
1,116 Sq Ft
$690/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $459,900 $412 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,143/month

65 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Property is near a park
  • Outdoor Pool
  • Clubhouse
  • 4-minute walk to Monte Vista Park

About This Home

As of May 2019

Coastal paradise retreat awaits you here at the Villa del Mar! Nicely laid out 2 bedroom 1 1/2 bath end unit condo. The complex features a pool, playground, clubhouse, and mountain views. A short 1 mile stroll to the Carpinteria Bluffs Nature Preserve for bird watching and Carpinteria Beach where you will enjoy peaceful & soothing sounds of the waves kissing the shore. There is also a sweet neighborhood park nearby. Anything you need for your home is 1 mile from the sleepy beach downtown area of Carpinteria. A short 8 miles drive to Santa Barbara and 15 mile drive to Ventura.

Villa Del Mar Home Owners Assoc.
1055 Palmetto Way, Carpinteria, CA 93013
805-684-7430

Last Listed By

Timm Delaney

Berkshire Hathaway HomeServices California Properties License #01083019 Listed on: 02/13/2019

Berkshire Hathaway HomeServices California Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,185

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • Property is in average condition

HOA Fees

  • $360 Monthly HOA Fees

Property Views

  • Ocean
  • Mountain
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Laundry in Kitchen

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Garage
  • Carport

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Patio

Location

  • Ground Level Unit
  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Radiant Heating System
  • Underground Utilities
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 001-340-009

Community Details

Overview

  • Association fees include insurance, earthquake insurance, water, prop mgmt, comm area maint, exterior maint, security
  • $225 HOA Transfer Fee
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,185

Year Built

Built in 1974

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Association Fee: 360
  • Association Transfer Fee: 225
  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Kitchen
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool, Greenbelt
  • Reso Association Fee Includes: Insurance, Earthquake Insurance, Water, Prop Mgmt, Comm Area Maint, Exterior Maint, Security
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • Subdivision Name: Other
  • Architectural Style: Townhouse
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Appliances Included Microwave3: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • ParkingGarage Cpt #12: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Gar #12: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Amenities Grnd Unit: Yes
  • Pets Yes: Yes
  • CondoCO-OPPUD End Unit: Yes
  • AssocPark Amenities Clubhouse: Yes
  • AssocPark Fee Incl Security2: Yes
  • Laundry In Kitchen3: Yes
  • Condition Average2: Yes
  • Style Townhouse2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Electric Range, Microwave
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Setting, Green Belt
  • Construction Type: Stucco
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Other, Pool, Patio Open
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Electric, Radiant
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Carp Wtr
  • Heating:Electric: Yes
  • Heating:Radiant: 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 #: 001-340-009
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
May 16, 2019
Sold by
Wilmington Savings Fund Society
Bought by
Elwood Christopher Luke and Elwood Tabitha Joy
Seller's Agent
Timm Delaney
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$489,900
Sold Price
$459,900
Premium/Discount to List
-$30,000
-6.12%
Total Days on Market
65
Current Estimated Value
$769,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,012
Avg. Annual Appreciation
9.00%
Original Mortgage
$344,925
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2016
Sold by
Dempster Gary and Dempster Sandie
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
May 3, 2016
Sold by
Dempster Gary
Bought by
Rancho Trust

Purchase Details

Closed on
Feb 22, 2016
Sold by
Dempster Gary
Bought by
Montrose Trust

Purchase Details

Closed on
Nov 17, 2004
Sold by
Kaplan Daniel B
Bought by
Dempster Gary and Dempster Sandie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1996
Sold by
Knight Randolph T and Knight Suzanne C
Bought by
Kaplan Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,250
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

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
Elwood Christopher Luke $460,000 Chicago Title Company
Wilmington Savings Fund Society Fsb -- Accommodation
Rancho Trust $10,000 None Available
Montrose Trust $10,000 None Available
Dempster Gary $555,000 Equity Title Company Santa B
Kaplan Daniel B -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elwood Christopher Luke $357,500
Closed Elwood Christopher Luke $349,000
Closed Elwood Christopher Luke $344,925
Previous Owner Dempster Gary $520,000
Previous Owner Dempster Gary $65,000
Previous Owner Dempster Gary $444,000
Previous Owner Kaplan Daniel B $250,000
Previous Owner Kaplan Daniel B $114,000
Previous Owner Kaplan Daniel B $105,000
Previous Owner Kaplan Daniel B $109,800
Previous Owner Kaplan Daniel B $113,250
Closed Dempster Gary $27,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $459,900 -6.1% $412 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $489,900 -- $439 / 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 $6,185 $493,102 $246,551 $246,551
2022 $5,962 $483,434 $241,717 $241,717
2021 $5,825 $473,956 $236,978 $236,978
2020 $5,746 $469,098 $234,549 $234,549
2019 $5,709 $468,180 $234,090 $234,090
2018 $5,605 $459,000 $229,500 $229,500
2017 $5,495 $450,000 $225,000 $225,000
2016 $5,293 $438,000 $217,000 $221,000
2015 $5,086 $417,000 $207,000 $210,000
2014 $4,491 $379,000 $188,000 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-471

Santa Barbara Multiple Listing Service

APN: 001-340-009