NOT LISTED FOR SALE

1048 Palmetto Way Unit A Carpinteria, CA 93013

Estimated Value: $717,000 - $998,000

2 Beds
1.5 Baths
1,116 Sq Ft
$340/mo HOA Fee

Last Sold June 07, 2019

Last sale price $499,900 $448 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,236/month

30 Days on Market

About This Home

As of June 2019

Great value for this Spanish style condo well located within the desirable Villa Del Mar complex featuring views of the greenbelt
and mountains. This ready to move into unit offers 2 bedrooms and 1 1/2 baths, a spacious living room, good sized kitchen with
washer and dryer in unit. The one car garage is spacious with room for additional storage plus there is a covered carport. The
HOA offers a pool, clubhouse, a play area and beautiful landscaped grounds. Just a short distance from the scenic Carpinteria
Bluffs and beaches, parks as well as shopping and dining with easy access to the freeway too.

Last Agent to Sell the Property

Gregory Falvo

Andrew John Young License #00862340 Listed on: 04/03/2019

Last Buyer's Agent

Terry Stain

Seascape Realty License #01484280

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,569

Year Built

  • Built in 1974

Lot Details

  • 1,525

HOA Fees

  • $340 Monthly HOA Fees

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Community Details

  • 8 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 001-340-008

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,569

Year Built

Built in 1974

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Association Fee: 340
  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Condominium
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 8
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Property Information Within City Limits: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Schools

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

Lot Info

  • Parcel #: 001-340-008
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Stinson Michael and Sigwart Julie
Bought by
Stinson Michael and Sigwart Julie
Current Estimated Value
$823,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,892
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Listed on
Apr 3, 2019
Closed on
Apr 30, 2019
Sold by
Pch Enterprises Iii Inc
Bought by
Stinson Mike and Sigwart Julie
Seller's Agent
Gregory Falvo
Andrew John Young
Buyer's Agent
Terry Stain
Seascape Realty
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$494,610
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2019
Sold by
Medal John G
Bought by
Pch Enterprises Iii Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,610
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Dec 15, 2017
Sold by
Medel Conception and Medel Cocha
Bought by
Medel John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Medel Henry J and Medel Concha
Bought by
Medel John G and Medel Henry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 3, 2001
Sold by
Ley James W and Ley Janice L
Bought by
Medel Henry J and Medel Concha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2000
Sold by
Davenport Raymond J Trustee Davenport
Bought by
Ley James W and Ley Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1996
Sold by
Dunn Elizabeth Anne
Bought by
Davenport Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1993
Sold by
Dunn Elizabeth Anne
Bought by
Dunn Elizabeth Anne

Purchase Details

Closed on
Sep 10, 1993
Sold by
Dunn Elizabeth Ann
Bought by
Dunn Elizabeth Anne
Source: Public Records

Range of Values:

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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
Stinson Michael -- Solidifi Title & Closing
Stinson Mike $500,000 Old Republic Title Company
Pch Enterprises Iii Inc $420,000 Old Republic Title Company
Medel John G -- None Available
Medel John G -- None Available
Medel John G -- Fidelity National Title Co
Medel Henry J $305,000 Stewart Title
Ley James W $242,000 Stewart Title
Davenport Raymond J $160,000 Equity Title Company
Dunn Elizabeth Anne -- --
Dunn Elizabeth Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stinson Michael $490,892
Closed Stinson Mike $494,610
Previous Owner Pch Enterprises Iii Inc $378,000
Previous Owner Medel John G $137,000
Previous Owner Medel John G $175,000
Previous Owner Medel Henry J $177,000
Previous Owner Ley James W $142,000
Previous Owner Davenport Raymond J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $499,900 0.0% $448 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $499,900 -- $448 / 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 $6,569 $557,642 $278,821 $278,821
2023 $6,569 $535,990 $267,995 $267,995
2022 $6,331 $525,482 $262,741 $262,741
2021 $6,184 $515,180 $257,590 $257,590
2020 $6,102 $509,898 $254,949 $254,949
2019 $5,033 $403,902 $198,640 $205,262
2018 $4,940 $395,984 $194,746 $201,238
2017 $4,841 $388,221 $190,928 $197,293
2016 $4,758 $380,610 $187,185 $193,425
2015 $4,712 $374,894 $184,374 $190,520
2014 $4,446 $367,551 $180,763 $186,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1101

Santa Barbara Multiple Listing Service

APN: 001-340-008