NOT LISTED FOR SALE

1129 Olive St Santa Barbara, CA 93101

Laguna Neighborhood

Estimated Value: $1,703,000 - $2,358,486

4 Beds
2 Baths
1,408 Sq Ft
$1,455/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2020

Last sale price $1,493,000 $1,060 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,655 / mo

3 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Wood Flooring
  • Fireplace
  • Santa Barbara Senior High School Rated A-
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Rare opportunity! Downtown duplex with two spacious 2BD/1BA homes - each with own fenced yard, in an unbeatable location. Walk to State St. , the Mission or SB Bowl or relax in your own private oasis as you listen to concerts under the twinkling lights. With ample outside sitting areas, Riviera mountain views, charming original details and upgrades including A/C, new windows, a sophisticated bathroom remodel and drought tolerant landscaping, this 1920's Spanish-Craftsman has it all. Works as a dual-family residence, a high-earning income property, or as a primary residence with your own guest house or rental right next door. Located in coveted Roosevelt School District. Zoned R-3.

Last Agent to Sell the Property

Leslie McFadden

Village Properties License #01933992 Listed on: 07/24/2020

Last Buyer's Agent

Aaron L Gilles

Village Properties - 1 License #01509445

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in excellent condition

Parking

  • Detached Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Laundry in unit

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Location

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number 029-173-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1928
  • Building Stories: 1
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Vinyl, Hardwood, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1928
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Condition Excellent: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1408.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6098.0
  • Proximity Near Bus: Yes
  • Pets Yes: Yes
  • General Property Information Stories2: 1.0
  • HeatingCooling AC Central2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Detached3: Yes
  • Foundation Raised2: Yes
  • HeatingCooling Ceiling Fan(s)3: Yes
  • Parking Info Gar #14: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Elec Stove: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.14
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Gar #1, Detached

Utilities

  • Heating: Ceiling Fan(s), GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 029-173-009
  • Zoning: R-3
  • Lot Size Sq Ft: 6098.0

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

Listed on
Jul 24, 2020
Closed on
Aug 10, 2020
Sold by
Bought by
Seller's Agent
Leslie McFadden
Village Properties
Buyer's Agent
Aaron L Gilles
Village Properties - 1
List Price
$1,525,000
Sold Price
$1,493,000
Premium/Discount to List
-$32,000
-2.1%
Current Estimated Value
$2,048,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,122
Avg. Annual Appreciation
5.47%
Original Mortgage
$762,500
Interest Rate
0.03%

Purchase Details

Closed on
Nov 20, 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
$752,500
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 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
$752,500
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2003
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
$87,500
Interest Rate
0.0518%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 2003
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
$700,000
Interest Rate
0.0437%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,493,000 Chicago Title Company
-- Accommodation
$155,000 First American Title Company
-- Equity Title Company
$895,000 Fidelity National Title
$280,000 Stewart 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 $762,500
Previous Owner $670,000
Previous Owner $150,000
Previous Owner $720,000
Previous Owner $750,000
Previous Owner $752,500
Previous Owner $87,500
Previous Owner $700,000
Previous Owner $197,000
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
08/21/2020 08/21/20 Sold $1,493,000 -2.1% $1,060 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $1,525,000 -- $1,083 / Sq Ft
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 $17,938 $1,731,009 $936,365 $794,644
2025 $16,792 $1,697,068 $918,005 $779,063
2023 $16,792 $1,553,317 $858,330 $694,987
2022 $16,205 $1,522,860 $841,500 $681,360
2021 $15,833 $1,493,000 $825,000 $668,000
2020 $12,140 $1,150,941 $756,711 $394,230
2019 $11,927 $1,128,374 $741,874 $386,500
2018 $11,757 $1,106,250 $727,328 $378,922
2017 $11,367 $1,084,560 $713,067 $371,493
2016 $11,125 $1,063,295 $699,086 $364,209
2014 $10,821 $1,026,810 $675,098 $351,712
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Leslie McFadden

    Village Properties

    (805) 252-4541

    6 Total Sales

    Leslie McFadden
    Section Image

  • A

    Buyer's Agent in 2020

    Aaron L Gilles

    Village Properties - 1

    (805) 681-8800

    47 Total Sales

    Aaron L Gilles
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2812

Santa Barbara Multiple Listing Service

APN: 029-173-009

California Santa Barbara County Santa Barbara 93101 Laguna

1129 Olive St, Santa Barbara, CA

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