Lisa Lee
Berkshire Hathaway HomeServices California Properties
(805) 892-6322
18 Total Sales
5 in Old Town Carpinteria
$533K - $1.6M Price Range
1045-1049 Elm Ln Carpinteria, CA 93013
Old Town Carpinteria Neighborhood
--
Bed
--
Bath
--
Sq Ft
--
Built
About This Home
As of March 2018Rarely does an asset come available on the South Coast that offers a full package: an A+ location, quality units with a good mix, and long-term stability. This pride-of-ownership property in coastal Carpinteria consists of 18 units on three separate parcels in three separate buildings — one duplex and two eight-unit buildings. Just a block from Linden Avenue in the
center of downtown Carpinteria, this prized asset is near restaurants, shops, tasting rooms, parks, beaches and the other amenities that make Carpinteria one of California’s best beach towns. The units at Elm Lane have been updated with granite countertops, new cabinetry, dual pane windows, tile and wood floors, appliances, and finishes. This is one of the best rental properties that Carpinteria has to offer.
Last Agent to Sell the Property
Hayes Commercial Group License #01144570 Listed on: 11/21/2017
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Property Details
Home Type
- Multi-Family
Parking
- 20 Parking Spaces
Schools
- Main Elementary School
- Carp. Jr. Middle School
- Carp. Sr. High School
Listing and Financial Details
- Assessor Parcel Number 003-152-023
Community Details
Overview
- 18 Units
Building Details
- Operating Expense $157,761
- Gross Income $421,721
- Net Operating Income $255,526
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 10, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,220,000
Interest Rate
3.98%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 25, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
6.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 30, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Town Carpinteria, CA
-
Lisa Lee
-
Susan Pate
Susan Pate
Compass
(805) 617-1044
10 Total Sales
1 in Old Town Carpinteria
$21,500,000 Price
-
Summer Knight
Summer Knight
Responds QuicklySun Coast Real Estate
(805) 335-6908
142 Total Sales
1 in Old Town Carpinteria
$967,500 Price
-
Janice Laney
Janice Laney
Keller Williams Santa Barbara
(805) 865-7385
31 Total Sales
1 in Old Town Carpinteria
$876,000 Price
-
Lisa Scibird
Lisa Scibird
Berkshire Hathaway HomeServices California Properties
(805) 456-1528
7 Total Sales
1 in Old Town Carpinteria
$1,825,000 Price
-
Jeannine Walker
Jeannine Walker
Realty Executives Homes
(661) 425-0703
82 Total Sales
1 in Old Town Carpinteria
$737,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,630,000 | First American Title Company | ||
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| -- | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,880,000 | ||
| Closed | $3,000,000 | ||
| Closed | $2,220,000 | ||
| Previous Owner | $1,430,000 | ||
| Previous Owner | $150,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2018 03/21/18 | Sold | $5,600,000 | -3.4% | -- |
| 02/23/2018 02/23/18 | Pending | -- | -- | -- |
| 11/01/2017 11/01/17 | For Sale | $5,795,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $30,427 | $2,286,346 | $870,436 | $1,415,910 |
| 2025 | $29,773 | $2,241,517 | $853,369 | $1,388,148 |
| 2023 | $29,773 | $2,154,479 | $820,233 | $1,334,246 |
| 2022 | $28,413 | $2,112,235 | $804,150 | $1,308,085 |
| 2021 | $27,751 | $2,070,820 | $788,383 | $1,282,437 |
| 2020 | $27,309 | $2,049,588 | $780,300 | $1,269,288 |
| 2019 | $26,669 | $2,009,400 | $765,000 | $1,244,400 |
| 2018 | $23,798 | $1,749,335 | $910,376 | $838,959 |
| 2017 | $23,279 | $1,715,114 | $892,526 | $822,588 |
| 2016 | $22,876 | $1,681,564 | $875,026 | $806,538 |
| 2014 | $21,406 | $1,624,000 | $845,000 | $779,000 |
Source: Public Records
Agents Affiliated with this Home
-
Francois DeJohn
Seller's Agent in 2018
Francois DeJohn
Hayes Commercial Group
(805) 895-1694
2 in this area
55 Total Sales
-
Christos Celmayster
Seller Co-Listing Agent in 2018
Christos Celmayster
Hayes Commercial Group
(805) 563-2111
2 in this area
78 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 17-3649
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