NOT LISTED FOR SALE

Estimated Value: $1,138,000 - $1,671,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 08, 2013

Last sale price $630,000

Est. 138% increase in value since last sale

Current estimated payment $8,850/month

13 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • Carpet
  • Santa Barbara Senior High School Rated A-
  • Partially Fenced Property
  • 3-minute walk to Sunflower Park

About This Home

As of November 2013

Great investment opportunity Zoned R-2. Live in one, Rent the other. Two 2 Bedroom/bathroom single level units on a large lot. Property has 2 carports in the back. Great location close to everything. Needs some TLC

Last Agent to Sell the Property

Nestor Ramirez

Keller Williams Realty Santa Barbara License #01479135 Listed on: 08/16/2013

Keller Williams Realty Santa Barbara

Last Buyer's Agent

Summer Knight

Sun Coast Real Estate License #01377264

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,050

Year Built

  • Built in 1974

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Slab Foundation

Flooring

  • Carpet
  • Vinyl

Parking

  • Carport
  • On-Street Parking

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

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Additional Features

  • Stove
  • Property is near an ocean

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 017-183-016

Community Details

Overview

  • 2 Units
  • 15 Upper Eastside Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $159
  • Trash Expense $36
  • Water Sewer Expense $70

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,050

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1974
  • Monthly Income: 3600.0
  • Income Expenses Trash Expense: 36.02
  • Income Expenses Water Expense: 69.61
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: Y
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 - Upper Eastside
  • Carport Y N: Yes
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1974
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6534.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Pets Yes: Yes
  • Amenities Gas Stove2: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Fncd Prt: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.15
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport, Street, Cpt #2

Fee Information

  • Trash Expense: 36.02
  • Annual Water Sewer Expense: 69.61

Schools

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

Lot Info

  • Parcel #: 017-183-016
  • Zoning: R-2
  • Lot Size Sq Ft: 6534.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 158.92
  • Total Actual Rent: 3600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2013
Closed on
Nov 5, 2013
Sold by
Avalos Pedro and Avalos Maria
Bought by
Sandelmann Frank and Weinberg Janine
Seller's Agent
Nestor Ramirez
Keller Williams Realty Santa Barbara
Buyer's Agent
Summer Knight
Sun Coast Real Estate
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Current Estimated Value
$1,501,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$871,190
Avg. Annual Appreciation
7.63%
Original Mortgage
$504,000
Outstanding Balance
$378,733
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$1,122,457

Purchase Details

Closed on
May 7, 2002
Sold by
Avalos Pedro and Avalos Maria
Bought by
Avalos Pedro and Avalos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Sandelmann Frank $630,000 Chicago Title Company
Avalos Pedro -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandelmann Frank $504,000
Previous Owner Avalos Pedro $525,000
Previous Owner Avalos Pedro $284,000
Previous Owner Avalos Pedro $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2013 11/08/13 Sold $630,000 -3.1% --
08/29/2013 08/29/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $650,000 -- --
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 $8,050 $772,283 $404,529 $367,754
2023 $8,050 $742,297 $388,822 $353,475
2022 $7,768 $727,744 $381,199 $346,545
2021 $7,588 $713,475 $373,725 $339,750
2020 $7,510 $706,160 $369,893 $336,267
2019 $7,379 $692,315 $362,641 $329,674
2018 $7,275 $678,741 $355,531 $323,210
2017 $7,035 $665,433 $348,560 $316,873
2016 $6,921 $652,386 $341,726 $310,660
2014 $6,734 $630,000 $330,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-2654

Santa Barbara Multiple Listing Service

APN: 017-183-016