NOT LISTED FOR SALE

Estimated Value: $1,824,000 - $2,469,000

5 Beds
5 Baths
2,690 Sq Ft
$764/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2020

Last sale price $1,535,000 $571 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,442 / mo

113 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Wood Flooring
  • Pierpont Elementary School Rated 9+
  • Property is near park, public transit, schools, shops, and bus stop
  • Fireplace

About This Home

As of May 2020

Just a few hundred feet from the beach sits this smartly designed Mediterranean-style duplex featuring a 3 bedroom/3 bathroom dwelling and a 2 bedroom/2.5 bathroom dwelling, each with private entrances and balconies that offer views of the mountains and/or ocean. Originally constructed in 2002, each living space has been improved with upgraded, well-appointed kitchens (including a center island and stone counter tops in each), flooring, and refreshed bathrooms. Each dwelling contains a wood burning fireplace, laundry or utility room, a hobby room/office area/flex space, two car garage, driveway parking (at least 7 parking spaces in total), plus back yard space large enough for gatherings or basking in the sun. This is an ideal opportunity for an owner-user or the long-term rental income investor. Enjoy beach living in style - it's never been closer to being yours!

Last Agent to Sell the Property

Cheryl Deckert

Keller Williams West Ventura License #00780642 Listed on: 04/25/2020

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 3,400 Sq Ft Lot
  • Back Yard Fenced
  • Property is in excellent condition

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2,690 Sq Ft Home
  • Fireplace

Kitchen

  • Built-In Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile
  • Vinyl Plank

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near park, public transit, schools, shops, and bus stop

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 076-0-244-140

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

3,400 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2002
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 3.0
  • ResoLaundryFeatures: Laundry Room, In Unit
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Carpet, Hardwood, Stone, Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2002
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Condo:Laundry in Unit: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2690.0
  • Proximity Near Shopping2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 3400.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Parking Info Garages: Yes
  • Amenities Deck2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • Amenities Microwave2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Fncd Back: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Attached6: Yes
  • Parking Info Gar #43: Yes
  • Amenities OvensBltin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.08
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garages, Gar #4, Attached
  • Total Parking Spaces: 3.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 076-0-244-140
  • Zoning: R-2
  • Lot Size Sq Ft: 3400.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2020
Closed on
May 14, 2020
Sold by
Ventura Beach House Llc
Bought by
Kerekes Thomas and Kerekes Suzana
Seller's Agent
Cheryl Deckert
Keller Williams West Ventura
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,899,000
Sold Price
$1,535,000
Premium/Discount to List
-$364,000
-19.17%
Current Estimated Value
$2,055,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,055
Avg. Annual Appreciation
5.06%
Original Mortgage
$885,000
Outstanding Balance
$784,233
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$1,270,822

Purchase Details

Closed on
Jul 19, 2018
Sold by
Ventura Beach House Llc
Bought by
Smith Shirley S

Purchase Details

Closed on
Jul 31, 2013
Sold by
Smith Shirley S
Bought by
Ventura Beach House

Purchase Details

Closed on
Oct 1, 2012
Sold by
Smith Donald F
Bought by
Smith Shirley S

Purchase Details

Closed on
Sep 12, 2012
Sold by
Barrett John Christopher
Bought by
Smith Shirley S

Purchase Details

Closed on
May 4, 2011
Sold by
Barrett John Christopher and Barrett Holly Lee
Bought by
Barrett John Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 1997
Sold by
Moore Donald
Bought by
Barrett J Christopher and Barrett Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 13, 1993
Sold by
Thomsen Charles W and Thomsen Sally F
Bought by
Thomsen Charles W and Thomsen Sally F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kerekes Thomas $1,535,000 Fidelity National Title Co
Smith Shirley S -- None Available
Ventura Beach House -- None Available
Ventura Beach House -- None Available
Smith Shirley S -- First American Title Company
Smith Shirley S $1,225,000 First American Title Company
Barrett John Christopher -- Equity Title Company
Barrett J Christopher $86,000 First American Title Ins Co
Thomsen Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerekes Thomas $885,000
Previous Owner Barrett John Christopher $420,000
Previous Owner Barrett J Christopher $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $1,535,000 -19.2% $571 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $1,899,000 -- $706 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $7,466 $697,420 $385,623 $311,797
2024 $7,466 $683,746 $378,062 $305,684
2023 $7,374 $670,340 $370,649 $299,691
2022 $16,484 $1,581,920 $1,262,445 $319,475
2021 $16,163 $1,550,902 $1,237,691 $313,211
2020 $13,580 $1,294,874 $844,484 $450,390
2019 $13,327 $1,269,485 $827,926 $441,559
2018 $13,103 $1,244,594 $811,693 $432,901
2017 $12,825 $1,220,191 $795,778 $424,413
2016 $12,572 $1,196,267 $780,175 $416,092
2015 $12,437 $1,178,300 $768,457 $409,843
2014 -- $1,155,221 $753,405 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-247

Santa Barbara Multiple Listing Service

APN: 076-0-244-140

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