NOT LISTED FOR SALE

124 Citrus Ave Santa Barbara, CA 93103

Eastside Neighborhood

Estimated Value: $1,564,000 - $1,874,000

Studio
-- Bath
1,456 Sq Ft
$1,202/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $1,500,000 $1,030 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,530/month

8 Days on Market

About This Home

As of December 2021

Hidden Gem at the end of a quiet street. This duplex has updated finishes and very low maintenance. It is currently tenant occupied. Opportunity for dual living and income for the next owner.

Last Agent to Sell the Property

Brian Delshad

Brian Delshad, Broker License #02128592 Listed on: 10/26/2021

Last Buyer's Agent

Pippa Davis

Compass License #01419280

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 1,456 Sq Ft Home

Schools

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

Community Details

  • 15 Lower Eastside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 017-073-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1973
  • Subdivision Name: 15 - Lower Eastside
  • Property Information Year Built2: 1973
  • Property Information Apx # Acres: 0.12
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Main House SqFt: 1456.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.12

Schools

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

Lot Info

  • Parcel #: 017-073-030
  • Zoning: R-2, R-1
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Andres Gaeta Carmelo and Andres Marie Renee
Bought by
Alveo Real Estate Group Llc
Current Estimated Value
$1,750,211

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 16, 2021
Sold by
Khadavi Delshad Melody
Bought by
Gaeta Carmelo A and Gaeta Renee M
Seller's Agent
Brian Delshad
Brian Delshad, Broker
Buyer's Agent
Pippa Davis
Compass
List Price
$1,375,000
Sold Price
$1,500,000
Premium/Discount to List
$125,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$1,125,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2021
Sold by
Khadavi Fereydoun and Khadavi Jinous
Bought by
Khadavi Delshad Melody

Purchase Details

Closed on
Jul 14, 2015
Sold by
Khadavi Fereydoun and Khadavi Jinous
Bought by
The Fereydoun Khadavi & Jinous Khadavi R and Khadavi Jinous

Purchase Details

Closed on
Apr 7, 2010
Sold by
The Bank Of New York Mellon
Bought by
Khadavi Fereydoun and Khadavi Jinous

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2010
Sold by
Rodriguez John and Rodriguez Vilma
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 7, 2005
Sold by
Rodriguez John and Rodriguez Vilma
Bought by
Rodriguez John and Rodriguez Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,400
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 26, 2005
Sold by
Lua Roberto and Lua Adela
Bought by
Rodriguez John and Rodriguez Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,400
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 16, 2004
Sold by
Rodriguez John
Bought by
Rodriguez John and Rodriguez Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2004
Sold by
Rodriguez Vilma
Bought by
Rodriguez John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
Cotnoir Norman and Cotnoir Daurice
Bought by
Cotnoir Norman and Cotnoir Daurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Olson Donald D and Franco Nancy M
Bought by
Cotnoir Norman and Cotnoir Daurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
2.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Cotnoir Donna
Bought by
Cotnoir Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
2.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2001
Sold by
Andersen Mogens and Andersen Annie Sepstrup
Bought by
Olson Donald D and Franco Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
7.01%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Alveo Real Estate Group Llc -- Law Offices Of James F Miller
Gaeta Carmelo Andres -- Law Offices Of James F Miller
Gaeta Carmelo A $1,500,000 Chicago Title Company
Khadavi Delshad Melody -- None Available
Khadavi Fereydoun -- None Available
The Fereydoun Khadavi & Jinous Khadavi R -- None Available
Khadavi Fereydoun $560,000 Landsafe Title
The Bank Of New York Mellon $486,000 Landsafe Title
Rodriguez John -- Fidelity National Title Co
Rodriguez John -- Fidelity National Title Co
Rodriguez John -- --
Rodriguez John -- Fidelity National Title Co
Rodriguez John $812,500 Fidelity National Title Co
Cotnoir Norman -- Fidelity National Title Co
Cotnoir Norman $670,000 Lawyers Title Company
Cotnoir Donald -- Lawyers Title Company
Olson Donald D $515,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaeta Carmelo A $1,125,000
Previous Owner Khadavi Fereydoun $400,000
Previous Owner Rodriguez John $814,400
Previous Owner Rodriguez John $650,000
Previous Owner Cotnoir Norman $502,500
Previous Owner Olson Donald D $412,000
Closed Rodriguez John $121,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $1,500,000 +9.1% $1,030 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $1,375,000 -- $944 / Sq Ft
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 $16,541 $1,591,812 $795,906 $795,906
2023 $16,541 $1,530,000 $765,000 $765,000
2022 $15,962 $1,500,000 $750,000 $750,000
2021 $7,105 $667,800 $417,376 $250,424
2020 $7,032 $660,954 $413,097 $247,857
2019 $6,909 $647,996 $404,998 $242,998
2018 $6,812 $635,291 $397,057 $238,234
2017 $6,587 $622,835 $389,272 $233,563
2016 $6,486 $610,624 $381,640 $228,984
2015 $6,415 $601,453 $375,908 $225,545
2014 $6,311 $589,672 $368,545 $221,127
Source: Public Records

Agents Affiliated with this Home

  • Brian Delshad

    Seller's Agent in 2021

    Brian Delshad

    Brian Delshad, Broker

    (805) 500-6362

    2 in this area

    5 Total Sales

    Brian Delshad
    Section Image
  • Pippa Davis

    Buyer's Agent in 2021

    Pippa Davis

    Compass

    (805) 886-0174

    7 in this area

    79 Total Sales

    Pippa Davis
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3963

Santa Barbara Multiple Listing Service

APN: 017-073-030

California Santa Barbara County Santa Barbara 93103 Eastside

124 Citrus Ave, Santa Barbara, CA

Not Listed for Sale

MultiFamily

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