NOT LISTED FOR SALE

1320 Olive St Santa Barbara, CA 93101

Laguna Neighborhood

Estimated Value: $1,733,000 - $2,236,450

3 Beds
2 Baths
1,569 Sq Ft
$1,275/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $1,273,000 $811 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,817/month

3 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • 1 Car Garage

About This Home

As of October 2017

Possible AUD with ability to add 2 units on this R-3 lot. Buyer to verify. Seller has plans for 2 additional 1 bedroom units.Great location in the heart of downtown for this charming 2 bedroom,1.5 bath unit with an additional 2 bedroom, 1 bath. Walking distance to downtown, shops and parks. Front unit is currently vacant. Was getting $3200. Back unit is rented for $1700. There is a separate building for laundry at the back of the property for the back unit. Parking can be accessed through a private lane.

Last Agent to Sell the Property

Debby Rexford

Berkshire Hathaway HomeServices California Properties License #00768173 Listed on: 08/29/2017

Last Buyer's Agent

Matt Vaughan

Sun Coast Real Estate License #00767743

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,056

Year Built

  • Built in 1922

Lot Details

  • 8,123 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces

Home Design

  • Raised Foundation

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 029-091-034

Community Details

Overview

  • 2 Units
  • 15 Or 20 Downtown Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,056

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1922
  • Miscellaneous Parking Spaces: 3.0
  • Building Stories: 1
  • ResoLaundryFeatures: In Unit, Bldg
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 or 20 - Downtown
  • Reso Flooring: Carpet, Hardwood, Other
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1922
  • Property Information Apx # Acres: 0.18
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Parking Info Total # Unconvered Spaces: 3.0
  • Condition Excellent: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 8123.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 1.0
  • Amenities Deck2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Microwave2: Yes
  • Foundation Raised2: Yes
  • Parking Info Gar #14: Yes
  • Laundry Bldg: Yes
  • Parking Info Total # Garage Spaces2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.18
  • Foundation Details: Raised

Garage/Parking

  • Garage Spaces: 1.0
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Gar #1, Unc #3
  • Total Parking Spaces: 3.0

Schools

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

Lot Info

  • Parcel #: 029-091-034
  • Zoning: R-3
  • Lot Size Sq Ft: 8123.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Nov 3, 2017
Sold by
Smith Craig A
Bought by
Smith Craig A and Macpherson Aliison
Seller's Agent
Debby Rexford
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Matt Vaughan
Sun Coast Real Estate
List Price
$1,295,000
Sold Price
$1,273,000
Premium/Discount to List
-$22,000
-1.7%
Current Estimated Value
$2,000,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,113
Avg. Annual Appreciation
5.91%
Original Mortgage
$400,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2017
Closed on
Oct 10, 2017
Sold by
Macpherson Allison
Bought by
Smith Craig A
Seller's Agent
Debby Rexford
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Matt Vaughan
Sun Coast Real Estate
List Price
$1,295,000
Sold Price
$1,273,000
Premium/Discount to List
-$22,000
-1.7%

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
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2017
Closed on
Sep 6, 2017
Sold by
Mcinerney Brian and Mcinerney Kathy
Bought by
Smith Craig A
Seller's Agent
Debby Rexford
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Matt Vaughan
Sun Coast Real Estate
List Price
$1,295,000
Sold Price
$1,273,000
Premium/Discount to List
-$22,000
-1.7%

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
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2014
Closed on
Aug 25, 2014
Sold by
Miserlis George and Miserlis Charlotte
Bought by
Mcinerney Brian and Mcinerney Kathy
Seller's Agent
Jon Mahoney
Keller Williams Realty Santa Barbara
Buyer's Agent
Debby Rexford
Berkshire Hathaway HomeServices California Properties
List Price
$989,000
Sold Price
$929,000
Premium/Discount to List
-$60,000
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Mar 16, 2013
Closed on
May 20, 2013
Sold by
Flores Mark Antonio
Bought by
Miserlis George and Miserlis Charlotte
Seller's Agent
Jon Mahoney
Keller Williams Realty Santa Barbara
Buyer's Agent
Phil Shirinian
Sotheby's International Realty
List Price
$875,000
Sold Price
$855,000
Premium/Discount to List
-$20,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$647,250
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2004
Sold by
Flores Mark Anthony
Bought by
The Guadalupe Martel Flores Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2004
Sold by
Flores Blanca
Bought by
Flores Mark Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2004
Sold by
Flores Marco Antonio
Bought by
Flores Mark Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Smith Craig A -- None Available
Smith Craig A -- None Available
Smith Craig A $1,273,000 Wfg National Title
Mcinerney Brian $929,000 First American Title Company
Miserlis George $863,000 First American Title Company
The Guadalupe Martel Flores Family Trust -- --
Flores Mark Anthony -- Ticor Title Company
Flores Mark Anthony -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Craig A $378,100
Closed Smith Craig A $400,000
Previous Owner Miserlis George $50,000
Previous Owner Miserlis George $647,250
Previous Owner Flores Mark Anthony $325,000
Previous Owner Flores Mark Anthony $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $1,273,000 -1.7% $811 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $1,295,000 +39.4% $825 / Sq Ft
08/29/2014 08/29/14 Sold $929,000 0.0% $592 / Sq Ft
08/29/2014 08/29/14 Sold $929,000 -6.1% $592 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
08/05/2014 08/05/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $989,000 0.0% $630 / Sq Ft
05/21/2014 05/21/14 For Sale $989,000 +15.7% $630 / Sq Ft
05/31/2013 05/31/13 Sold $855,000 0.0% $545 / Sq Ft
05/31/2013 05/31/13 Sold $855,000 -2.3% $545 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
03/25/2013 03/25/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $875,000 0.0% $558 / Sq Ft
02/27/2013 02/27/13 For Sale $875,000 -- $558 / 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 $15,056 $1,448,452 $796,478 $651,974
2023 $15,056 $1,392,208 $765,550 $626,658
2022 $14,529 $1,364,911 $750,540 $614,371
2021 $14,195 $1,338,149 $735,824 $602,325
2020 $14,049 $1,324,429 $728,280 $596,149
2019 $13,804 $1,298,460 $714,000 $584,460
2018 $13,609 $1,273,000 $700,000 $573,000
2017 $10,153 $962,029 $444,252 $517,777
2016 $9,948 $943,167 $435,542 $507,625
2014 $9,218 $866,918 $401,816 $465,102
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Debby Rexford

    Berkshire Hathaway HomeServices California Properties

  • Matt Vaughan

    Buyer's Agent in 2017

    Matt Vaughan

    Sun Coast Real Estate

    (805) 689-9351

    14 Total Sales

    Matt Vaughan
    Section Image
  • Jon Mahoney

    Seller's Agent in 2014

    Jon Mahoney

    Keller Williams Realty Santa Barbara

    (805) 689-0532

    36 Total Sales

    Jon Mahoney
    Section Image

  • P

    Buyer's Agent in 2013

    Phil Shirinian

    Sotheby's International Realty

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2919

Santa Barbara Multiple Listing Service

APN: 029-091-034

California Santa Barbara County Santa Barbara 93101 Laguna

1320 Olive St, Santa Barbara, CA

This home is located at 1320 Olive St, Santa Barbara, CA 93101 since 29 August 2017 and is currently estimated at $2,000,113, approximately $1,274 per square foot. This property was built in 1922. 1320 Olive St is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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