NOT LISTED FOR SALE

1048 Palmetto Way Unit B Carpinteria, CA 93013

Estimated Value: $815,000 - $912,000

3 Beds
2 Baths
1,344 Sq Ft
$370/mo HOA Fee

Last Sold February 13, 2019

Last sale price $560,000 $417 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,696/month

49 Days on Market

Highlights

  • Outdoor Pool
  • Property is near a park
  • Lawn
  • Property is near an ocean
  • Spanish Architecture
  • 3-minute walk to Monte Vista Park

About This Home

As of February 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 unit offers 3 bedrooms and 2 full baths, a spacious living room, dining room with wet bar, remodeled kitchen with beautiful cabinetry, and an in unit washer and dryer. The private patio is great for entertaining and BBQ, and the one car garage is spacious with room for additional storage, and 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, beaches and parks, as well as shopping and dining with easy access to the freeway.

Last Listed By

Sheela Hunt

Village Properties License #01103376 Listed on: 12/07/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1973

Lot Details

  • Lawn
  • Property is in good condition

HOA Fees

  • $370 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Double Pane Windows
  • Dining Area
  • Property Views

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Parking

  • Detached Garage
  • Carport

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean

Location

  • 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
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 001-340-007

Community Details

Overview

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

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,331

Year Built

Built in 1973

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Association Fee: 370
  • Directions: 101 exit Bailard Avenue
  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: 220V Elect, In Kitchen
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool, Play Area
  • Reso Association Fee Includes: Insurance, Water, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Architectural Style: Spanish
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Tile, Vinyl
  • 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: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Amenities Wet Bar2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Villa Del Mar
  • Roof:Tile2: Yes
  • ParkingGarage Detached: Yes
  • ParkingGarage Cpt #12: Yes
  • Laundry:_two_20V Elect2: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Gar #12: Yes
  • AssocPark Amenities Play Area: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • Laundry In Kitchen3: Yes
  • Appliances Included Elect Stove2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Dryer, Elect Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Pool, Lawn
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Electric, Wall
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Carp Wtr
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 001-340-007
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 14, 2019
Sold by
Torres Albert Burk
Bought by
Gaggero Elia
Seller's Agent
Sheela Hunt
Village Properties
Buyer's Agent
Carolyn Wood-Friedman
Sotheby's International Realty
List Price
$579,000
Sold Price
$560,000
Premium/Discount to List
-$19,000
-3.28%
Total Days on Market
49
Current Estimated Value
$850,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,311
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
May 11, 2010
Sold by
Foltz Gerald Allen and Foltz Janice E
Bought by
Torres Albert Burk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,382
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2008
Sold by
Foltz Gerald Allen and Foltz Janice E
Bought by
Foltz Gerald Allen and Foltz Janice Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,400
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2000
Sold by
Miranda and Ziola
Bought by
Goltz Gerald Allen and Foltz Janice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.07%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Hector Muralles Jose Muralles
Bought by
Miranda Victor and Miranda Zoila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.55%
Mortgage Type
Credit Line Revolving

Range of Values:

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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
Gaggero Elia $560,000 First American Title Co
Torres Albert Burk $450,000 Fidelity National Title Co
Foltz Gerald Allen -- None Available
Goltz Gerald Allen $285,000 Equity Title Company
Miranda Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torress Albert Burk $415,150
Previous Owner Torres Albert Burk $426,382
Previous Owner Foltz Gerald Allen $292,500
Previous Owner Foltz Gerald Allen $276,000
Previous Owner Foltz Gerald A $175,400
Previous Owner Foltz Gerald Allen $100,000
Previous Owner Foltz Gerald Allen $190,000
Previous Owner Foltz Gerald Allen $245,500
Previous Owner Foltz Gerald Allen $248,000
Previous Owner Goltz Gerald Allen $190,000
Previous Owner Miranda Victor M $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $560,000 -3.3% $417 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $579,000 -- $431 / 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 $7,331 $600,430 $300,215 $300,215
2022 $7,069 $588,658 $294,329 $294,329
2021 $6,909 $577,116 $288,558 $288,558
2020 $6,820 $571,200 $285,600 $285,600
2019 $6,261 $520,708 $289,283 $231,425
2018 $6,148 $510,499 $283,611 $226,888
2017 $6,029 $500,490 $278,050 $222,440
2016 $5,622 $462,000 $257,000 $205,000
2015 $5,406 $440,000 $245,000 $195,000
2014 $4,788 $401,000 $223,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-4148

Santa Barbara Multiple Listing Service

APN: 001-340-007