Susan Pate
Compass
(805) 617-1044
10 Total Sales
1 in Downtown Santa Barbara
$2,050,000 Price
1225 Bath St Santa Barbara, CA 93101
Downtown Santa Barbara Neighborhood
--
Bed
--
Bath
3,500
Sq Ft
0.42
Acre Lot
Highlights
- Property is near an ocean
- 0.42 Acre Lot
- Property is near park, public transit, schools, shops, and bus stop
- Santa Barbara Senior High School Rated A-
- Deck
- Wood Flooring
About This Home
As of November 2024EXCEPTIONAL DOWNTOWN SANTA BARBARA PORTFOLIO ASSET! 6-unit plus 3-unit property (9-units total) on separate/adjacent parcels. Early 1900's Craftsman multi-unit apartment house situated on approx. .25 acre + Craftsman tri-plex situated on approx. .17 acre (.42 flat acre combined) in a prime downtown Santa Barbara location. Parking accommodates approx. 10 vehicles. Versatile R-MH (R-4) zoning offers potential for multi-unit apartments/condominiums, Inn/Hotel/Bed & Breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (4)1BD/1BA, (2)2BD/1BA, (3)Studio. Maximum allowable rental unit potential currently unrealized. Walking distance to Downtown, The Public Market & SB Theatre District.
>1225/1227 & 1229 Bath Street LP: $4,500,000
Last Buyer's Agent
Non Member Agent
Non Member Office
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 18,295 Sq Ft Lot
- Partially Fenced Property
- Property is in average condition
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Stove
- Microwave
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Outdoor Features
- Property is near an ocean
- Deck
Location
- Property is near park, public transit, schools, shops, and bus stop
- Property near a hospital
Schools
- Peabody Elementary School
- Lacumbre Middle School
- S.B. Sr. High School
Utilities
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water
- Assessor Parcel Number 039-162-011
- Seller Concessions Offered
Community Details
Overview
- 9 Units
- 15 Or 20 Downtown Subdivision
Pet Policy
- Pets Allowed
Building Details
- Gross Income $259,800
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
Jan 19, 2024
Closed on
Oct 28, 2024
Sold by
Bought by
Seller's Agent
Christopher Hunt
Compass
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$4,800,000
Sold Price
$3,400,000
Premium/Discount to List
-$1,400,000
-29.17%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2007
Sold by
Bought by
Purchase Details
Closed on
Feb 19, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Santa Barbara, CA
-
Susan Pate
-
Colleen Beall
Colleen Beall
Compass
(805) 243-1083
31 Total Sales
1 in Downtown Santa Barbara
$1,860,000 Price
-
Gary Goldberg
Gary Goldberg
Responds QuicklyCoastal Properties
(805) 617-1575
90 Total Sales
3 in Downtown Santa Barbara
$1,091,000 Price Range
-
Kendrick Guehr
Kendrick Guehr
Keller Williams Realty Santa Barbara
(805) 618-1469
96 Total Sales
6 in Downtown Santa Barbara
$995K - $2M Price Range
-
Nicklas Svensson
Nicklas Svensson
Compass
(805) 401-0343
11 Total Sales
2 in Downtown Santa Barbara
$1.2M - $2.1M Price Range
-
Kristopher Roth
Kristopher Roth
Hayes Commercial Group
(805) 979-2056
48 Total Sales
18 in Downtown Santa Barbara
$1 - $7.7M Price Range
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 |
|---|---|---|---|
| $2,000,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | -- |
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 | $1,140,000 | ||
| Closed | $2,500,000 | ||
| Previous Owner | $50,000 |
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 |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Sold | $3,400,000 | -24.4% | $971 / Sq Ft |
| 07/11/2024 07/11/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | Price Changed | $4,500,000 | -6.3% | $1,286 / Sq Ft |
| 01/19/2024 01/19/24 | For Sale | $4,800,000 | -- | $1,371 / 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 | $21,151 | $2,039,999 | $1,928,131 | $111,868 |
| 2025 | $7,547 | $2,000,000 | $1,890,325 | $109,675 |
| 2023 | $7,547 | $693,839 | $442,771 | $251,068 |
| 2022 | $7,281 | $680,236 | $434,090 | $246,146 |
| 2021 | $7,112 | $666,899 | $425,579 | $241,320 |
| 2020 | $7,038 | $660,062 | $421,216 | $238,846 |
| 2019 | $6,916 | $647,120 | $412,957 | $234,163 |
| 2018 | $6,817 | $634,432 | $404,860 | $229,572 |
| 2017 | $6,592 | $621,993 | $396,922 | $225,071 |
| 2016 | $6,492 | $609,798 | $389,140 | $220,658 |
| 2015 | $6,421 | $600,639 | $383,295 | $217,344 |
| 2014 | $6,317 | $588,874 | $375,787 | $213,087 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Hunt
Seller's Agent in 2024
Christopher Hunt
Compass
(805) 453-3407
3 in this area
18 Total Sales
-
N
Buyer's Agent in 2024
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-207
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This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
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