Chris Palme
Sotheby's International Realty
(805) 262-8876
17 Total Sales
1 in Eastside
$2,785,000 Price
1317 Punta Gorda St Santa Barbara, CA 93103
Eastside Neighborhood
3
Beds
1
Bath
1,395
Sq Ft
0.55
Acre Lot
About This Home
As of December 2022The Subject Property located at 1317 Punta Gorda St. is an excellent and rare ''Shovel-Ready''development opportunity located in an up-and-coming neighborhood within Santa Barbara. All entitlements and soft costs have been completed and paid for by current ownership and will be delivered at COE. The parcel of land, a ±.55 acre lot, is situated within the average unit density program (AUD), medium-high density overlay, granting a development potential of 15 –
27 units per acre. Recently, the City of Santa Barbara has discussed that it wants to discontinue the AUD program within the neighboring area, making this approved project potentially insulated from competing developments. Newly constructed buildings are not subject to AB1482 rent restrictions. Time to completion of the project is expected to be 18 months.
The project, designed by local architect Tom Ochsner, consists of (7) 2-story, 2-unit buildings, totaling 14 units. The units are 2-story townhomes with 2.5 baths. Freestanding buildings like this can be more attractive to tenants and command above average rents.
Last Agent to Sell the Property
Radius Group Commercial R.E. License #00772218 Listed on: 10/18/2021
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Property Details
Home Type
- Multi-Family
Lot Details
- 0.55
Schools
- Cleveland Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- 2-Story Property
- 23,958 Sq Ft Lot
Community Details
- 14 Units
Listing and Financial Details
- Assessor Parcel Number 017-300-017
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
Oct 18, 2021
Closed on
Nov 28, 2022
Sold by
Bought by
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Steve Golis
Radius Group Commercial R.E.
Sold Price
$3,850,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 12, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 17, 2018
Sold by
Bought by
Purchase Details
Closed on
May 4, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Eastside, CA
-
Chris Palme
-
Kevin Goodwin
Kevin Goodwin
Goodwin & Thyne Properties
(805) 979-2658
52 Total Sales
3 in Eastside
$1.4M - $2M Price Range
-
Summer Knight
Summer Knight
Responds QuicklySun Coast Real Estate
(805) 335-6908
142 Total Sales
1 in Eastside
$1,430,000 Price
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
7 in Eastside
$1.1M - $2.2M Price Range
-
Michael Kennedy
MK
Michael Kennedy
Keller Williams Realty Santa Barbara
(805) 618-2399
55 Total Sales
3 in Eastside
$1,060,000 Price Range
-
DeAnn Rochelle
DeAnn Rochelle
Keller Williams Realty Santa Barbara
(805) 617-1145
8 Total Sales
1 in Eastside
$1,475,000 Price
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 |
|---|---|---|---|
| $3,850,000 | Fidelity National Title | ||
| $1,500,000 | First American Title Company | ||
| -- | 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 | $6,650,000 | ||
| Closed | $5,925,000 | ||
| Closed | $5,925,000 | ||
| Closed | $100,000 | ||
| Previous Owner | $1,350,000 | ||
| Previous Owner | $235,000 | ||
| Previous Owner | $1,200,000 | ||
| Previous Owner | $1,125,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/06/2022 12/06/22 | Sold | $3,850,000 | 0.0% | $2,760 / Sq Ft | |
| 12/06/2022 12/06/22 | Sold | $3,850,000 | -- | $2,760 / Sq Ft | View Prior Sale |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- | |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- |
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 | $66,453 | $6,420,064 | $4,080,133 | $2,339,931 |
| 2025 | $41,511 | $6,294,181 | $4,000,131 | $2,294,050 |
| 2023 | $41,511 | $3,850,000 | $3,804,000 | $46,000 |
| 2022 | $16,502 | $1,545,848 | $1,511,325 | $34,523 |
| 2021 | $16,121 | $1,515,539 | $1,481,692 | $33,847 |
| 2020 | $15,954 | $1,500,000 | $1,466,500 | $33,500 |
| 2019 | $7,644 | $717,415 | $585,489 | $131,926 |
| 2018 | $7,536 | $703,349 | $574,009 | $129,340 |
| 2017 | $7,287 | $689,558 | $562,754 | $126,804 |
| 2016 | $7,166 | $676,038 | $551,720 | $124,318 |
| 2014 | $6,973 | $652,841 | $532,788 | $120,053 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Golis
Seller's Agent in 2022
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
10 in this area
95 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 21-3858
APN: 017-300-017
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