NOT LISTED FOR SALE

Estimated Value: $1,055,000 - $1,462,000

3 Beds
2 Baths
1,521 Sq Ft
$791/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $879,000 $578 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,392/month

53 Days on Market

About This Home

As of December 2018

Amazing Income Property! Duplex consists of 1 bed + 1 bath unit currently rented and vacant 2 bed + 1 bath unit with great flow to outdoor deck. Completely renovated. Upgrades include: ductless AC in one unit and window AC in the other. Both units have laundry, granite countertops, new kitchens and baths, permited bolted foundation and tons of parking. Perfect for owner user or 1031 exchange investor in upcoming area.

Last Agent to Sell the Property

Rachel McCartney

Berkshire Hathaway HomeServices License #02019345 Listed on: 10/05/2018

Berkshire Hathaway HomeServices

Co-Listed By

Jen Stein

Keller Williams Realty Santa Barbara License #01786020

Last Buyer's Agent

Radu Tabacaru

Berkshire Hathaway HomeServices California Properties License #02007640

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,789

Year Built

  • Built in 1949

Lot Details

  • 5,905 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,521 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5078-030-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,789

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1521
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 604.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Cooling: Electric
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5078-030-022
  • Geocode Override: No
  • Lot Size Area: 5905

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.65
  • Number Of Units: 2
  • Total Annual Expense: 14328
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Sleiman and Didar
Bought by
Seif Sleiman And Didar Cyrus Revocable Trust
Current Estimated Value
$1,203,192

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 3, 2018
Sold by
Kim Simon and Kim Min Hee
Bought by
Seif Sleiman and Cyrus Didar
Seller's Agent
Rachel McCartney
Berkshire Hathaway HomeServices
Buyer's Agent
Radu Tabacaru
Berkshire Hathaway HomeServices California Properties
List Price
$919,000
Sold Price
$879,000
Premium/Discount to List
-$40,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$649,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2018
Sold by
Park Soojin
Bought by
Lee Kyu H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2018
Sold by
Lee Kyu H
Bought by
Kim Simon and Kim Min Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Feb 19, 2014
Sold by
Reme Holdings Llc
Bought by
Lee Kyu H
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Bret Lewis
Bret Lewis, Broker
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$315,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Jan 21, 2014
Sold by
Park Soojin
Bought by
Lee Kyu H
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Bret Lewis
Bret Lewis, Broker
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2013
Closed on
Nov 5, 2013
Sold by
Soto Norma V
Bought by
Reme Holdings Llc
Seller's Agent
Roman Meza
Century 21 A Better Service
Buyer's Agent
Roman Meza
Century 21 A Better Service
List Price
$525,000
Sold Price
$327,000
Premium/Discount to List
-$198,000
-37.71%

Purchase Details

Closed on
Jul 30, 2013
Sold by
Vega Robert R
Bought by
Soto Norma

Purchase Details

Closed on
Feb 28, 2008
Sold by
Vega Armando T
Bought by
Vega Robert R and Vega Maria Dejesus Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Vega Armando T
Bought by
Vega Armando T and Vega Maria Dejesus Jessie

Purchase Details

Closed on
Jul 21, 2005
Sold by
Vega Armando T
Bought by
Vega Armando T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1998
Sold by
Vega Armando T
Bought by
Vega Armando T and Vega Jessie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.78%
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
Seif Sleiman And Didar Cyrus Revocable Trust -- None Listed On Document
Seif Sleiman $879,000 Usa National Title Company
Lee Kyu H -- Stewart Title Company
Kim Simon $812,000 Stewart Title Company
Lee Kyu H $420,000 Ticor Title Company
Lee Kyu H -- Ticor Title Company
Reme Holdings Llc $327,000 Fidelity National Title Co
Soto Norma -- None Available
Vega Robert R -- Lsi
Vega Armando T -- None Available
Vega Armando T -- Alliance Title Company
Vega Armando T -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sleiman Seif $635,239
Previous Owner Seif Sleiman $649,000
Previous Owner Kim Simon $649,600
Previous Owner Lee Kyu $119,800
Previous Owner Lee Kyu H $314,000
Previous Owner Lee Kyu H $315,000
Previous Owner Vega Maria De Jesus $750,000
Previous Owner Vega Robert R $170,000
Previous Owner Vega Armando T $112,000
Previous Owner Vega Armando T $67,000
Previous Owner Vega Armando T $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold $879,000 -4.4% $578 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $919,000 +118.8% $604 / Sq Ft
02/27/2014 02/27/14 Sold $420,000 +5.3% $282 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $399,000 +22.0% $267 / Sq Ft
12/17/2013 12/17/13 Sold $327,000 -37.7% $219 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $525,000 -- $352 / Sq Ft
Source: The MLS

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 $11,789 $980,537 $691,620 $288,917
2024 $11,789 $961,311 $678,059 $283,252
2023 $11,564 $942,463 $664,764 $277,699
2022 $11,031 $923,984 $651,730 $272,254
2021 $10,892 $905,867 $638,951 $266,916
2020 $11,003 $896,580 $632,400 $264,180
2019 $10,567 $879,000 $620,000 $259,000
2018 $5,553 $452,492 $323,210 $129,282
2016 $5,303 $434,923 $310,660 $124,263
2015 $5,225 $428,391 $305,994 $122,397
2014 -- $327,000 $227,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-393532

The MLS

APN: 5078-030-022