NOT LISTED FOR SALE

1048 Palmetto Way Unit H Carpinteria, CA 93013

Estimated Value: $654,000 - $808,000

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

Last Sold December 12, 2014

Last sale price $437,500 $488 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,732/month

250 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • Community Pool
  • Mountain View
  • End Unit
  • 3-minute walk to Monte Vista Park

About This Home

As of December 2014

Price reduced! Desirable End Unit with 2 spacious bedrooms, 1½ baths, & picturesque view of mountains and pristine landscaped greenbelt. Enclosed private patio off the kitchen offers BBQ area-perfect for entertaining. 1-car garage with ample storage space, carport, and laundry w/washer/dryer. New double pane windows! Perfect location - Rincon beach, bluffs, serene parks & sparkling pool nearby

Last Agent to Sell the Property

Stella Anderson

Prestigious Properties & Investments Listed on: 03/04/2014

Last Buyer's Agent

Stella Anderson

RE/MAX Montecito

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,971

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • Property is in good condition

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Listing and Financial Details

  • Assessor Parcel Number 001-340-001

Community Details

Overview

  • Villa Del Mar Community
  • Greenbelt

Recreation

  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,971

Year Built

Built in 1973

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Association Fee: 360
  • Directions: 101 to Bailard. Turn toward mountains and turn right at stop sign. Left on Palmetto Way.
  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool, Play Area, Greenbelt
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1973
  • 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
  • Property Information Within City Limits: No
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Security Smoke Detector(s)2: Yes
  • Construction Two Story2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Location Info Development Name: Villa Del Mar
  • Roof:Tile2: Yes
  • View Green Belt2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Gar #12: Yes
  • AssocPark Amenities Play Area: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • CondoCO-OPPUD End Unit: Yes
  • Dining In Living Room2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Green Belt
  • Topography: Level
  • Common Walls: End Unit

Garage/Parking

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

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 #: 001-340-001
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Kim Tiffany Jinny
Bought by
Wilding Beau
Current Estimated Value
$717,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Outstanding Balance
$257,888
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$446,399

Purchase Details

Closed on
Feb 28, 2019
Sold by
Rich Corbin A
Bought by
Wilding Beau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2014
Closed on
Dec 8, 2014
Sold by
Rich Julie
Bought by
Rich Corbin A
Seller's Agent
Stella Anderson
Prestigious Properties & Investments
Buyer's Agent
Stella Anderson
RE/MAX Montecito
List Price
$475,000
Sold Price
$437,500
Premium/Discount to List
-$37,500
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Chase Donald A and Chase Catherine S
Bought by
Rich Corbin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,625
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2010
Sold by
Chase Donald A and Chase Catherine S
Bought by
Chase Donald A and Chase Catherine S

Purchase Details

Closed on
Jun 21, 2006
Sold by
Dirado Mark Dana and Dirado Kathryn Rice
Bought by
Chase Donald A and Chase Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2005
Sold by
Dirado Jennifer Michelle
Bought by
Dirado Mark Dana and Dirado Kathryn Rice

Purchase Details

Closed on
Aug 22, 2003
Sold by
Angeli Louisa
Bought by
Dirado Mark Dana and Dirado Kathryn Rice

Purchase Details

Closed on
Jan 31, 2002
Sold by
Angeli Louisa and Carroll Louisa
Bought by
Angeli Louisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1998
Sold by
Terri Slaton
Bought by
Carroll Louisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1998
Sold by
Terri Slaton
Bought by
Roses Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Wilding Beau -- Placer Title Company
Wilding Beau $535,000 First American Title Co
Rich Corbin A -- First American Title Company
Rich Corbin A $437,500 First American Title Company
Chase Donald A -- None Available
Chase Donald A -- None Available
Chase Donald A -- First American Title Company
Dirado Mark Dana -- --
Dirado Mark Dana $420,000 Fidelity National Title Co
Angeli Louisa -- Fidelity National Title Co
Carroll Louisa $179,000 First American Title
Roses Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilding Beau $289,000
Closed Wilding Beau $300,000
Previous Owner Rich Corbin A $415,625
Previous Owner Chase Donald A $375,000
Previous Owner Angeli Louisa $195,000
Previous Owner Carroll Louisa $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $437,500 -7.9% $488 / Sq Ft
11/08/2014 11/08/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $475,000 -- $530 / 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 $6,971 $596,796 $298,398 $298,398
2023 $6,971 $573,624 $286,812 $286,812
2022 $6,719 $562,378 $281,189 $281,189
2021 $6,565 $551,352 $275,676 $275,676
2020 $6,478 $545,700 $272,850 $272,850
2019 $5,742 $471,354 $235,408 $235,946
2018 $5,638 $462,113 $230,793 $231,320
2017 $5,527 $453,053 $226,268 $226,785
2016 $5,432 $444,171 $221,832 $222,339
2015 $5,379 $437,500 $218,500 $219,000
2014 $4,512 $374,000 $169,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-663

Santa Barbara Multiple Listing Service

APN: 001-340-001