NOT LISTED FOR SALE

Estimated Value: $1,415,000 - $1,801,000

4 Beds
2 Baths
1,400 Sq Ft
$1,172/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $1,025,000 $732 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,924/month

61 Days on Market

Highlights

  • Additional Residence on Property
  • City View
  • Spanish Architecture
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Enclosed Patio or Porch

About This Home

As of October 2015

Exquisitely remodeled duplex featuring 3 bed/1 bath downstairs and 1 bed/1 bath upstairs, this property boasts an historic pre-remodel rent of $5,500/month. 5.6% cap rate! Recently remodeled, it now features new carpet, new tile, a spacious chip-sealed motor court, and an updated bathroom with new vanity and slate floor. Quick access to Montecito, downtown,and Highway 101. Open Sunday 1 to 4.

Last Agent to Sell the Property

Christopher Page

Santa Barbara Estates License #01471025 Listed on: 07/12/2015

Last Buyer's Agent

Edwin Escamilla

erkshire Hathaway HomeService California Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,620

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • Uncovered Parking

Home Design

  • Spanish Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Sewer Stub Out
  • Cable TV Available

Additional Features

  • Additional Residence on Property
  • City Lot

Community Details

  • 2 Units
  • Around City Bou Community
  • 15 Riviera/Lower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031-391-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,620

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Spanish
  • Reso Flooring: Carpet, Slate, Tile
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Second Residence
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1930
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.12
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Amenities Guest House2: Yes
  • Property Information Apx Lot SqFt: 5227.0
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Around City Bou
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Amenities Second Residence: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • Foundation Raised: Yes
  • View City4: Yes
  • Rooms Patio Enclosed2: Yes
  • FlrWdw Coverings Slate3: Yes
  • Cooling Ceiling Fan(s): Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Tile
  • View: City
  • Construction Type: Stucco
  • Acres: 0.12
  • Topography: Level
  • Exterior Features: Deck, Patio Open, Fenced: PRT
  • Foundation Details: Raised
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #4

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Wall
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

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

Lot Info

  • Parcel #: 031-391-035
  • Zoning: R-2
  • Lot Size Sq Ft: 5227.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2016
Sold by
Smidt Maya Violeta
Bought by
1305 Blanchard Street Llc
Current Estimated Value
$1,640,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.71%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 12, 2015
Closed on
Sep 21, 2015
Sold by
Bell James H and Bell Karen M
Bought by
Smidt Maya
Seller's Agent
Christopher Page
Santa Barbara Estates
Buyer's Agent
Edwin Escamilla
erkshire Hathaway HomeService California Realty
List Price
$1,189,000
Sold Price
$1,025,000
Premium/Discount to List
-$164,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Oct 18, 2005
Sold by
Bell James H and Bell Karen M
Bought by
Bell James H and Bell Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,400
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2004
Sold by
Rubalcava Ferdinand R and Rubalcava Maria
Bought by
Bell James H and Bell Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Interest Rate
5.38%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 15, 2004
Sold by
Rubalcava Anadelle
Bought by
Rubalcava Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Interest Rate
5.38%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 11, 1993
Sold by
Rubalcava Ferdinand R
Bought by
Rubalcava Ferdinand R and Rubalcava Maria
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
1305 Blanchard Street Llc -- None Available
Smidt Maya Violeta -- None Available
Smidt Maya $1,025,000 Chicago Title Company
Bell James H -- Commonwealth Land Title Co
Bell James H -- Lawyers Title Company
Rubalcava Ruben -- Lawyers Title Company
Olson Theresa -- Lawyers Title Company
Rubalcava Ferdinand R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1305 Blanchard Street Llc $0
Previous Owner Bell James H $690,000
Previous Owner Bell James H $668,400
Previous Owner Bell James H $671,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $1,025,000 -13.8% $732 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
07/12/2015 07/12/15 For Sale $1,189,000 -- $849 / 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 $12,620 $1,213,383 $503,109 $710,274
2023 $12,620 $1,166,269 $483,574 $682,695
2022 $12,178 $1,143,402 $474,093 $669,309
2021 $11,898 $1,120,984 $464,798 $656,186
2020 $11,776 $1,109,491 $460,033 $649,458
2019 $11,571 $1,087,737 $451,013 $636,724
2018 $11,407 $1,066,410 $442,170 $624,240
2017 $11,030 $1,045,500 $433,500 $612,000
2016 $10,800 $1,025,000 $425,000 $600,000
2015 $11,195 $1,058,782 $650,649 $408,133
2014 $11,012 $1,038,043 $637,904 $400,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2365

Santa Barbara Multiple Listing Service

APN: 031-391-035