NOT LISTED FOR SALE

Estimated Value: $1,378,276 - $2,036,000

-- Bed
-- Bath
993 Sq Ft
$1,604/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $1,377,500 $1,387 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,920/month

13 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • 1-Story Property
  • Franklin Elementary School Rated A-
  • Heating Available
  • 1-minute walk to Eastside Neighborhood Park

About This Home

As of September 2024

Discover a unique opportunity in the Eastside of Santa Barbara at 1322 and 1322 1/2 E Yanonali St. This property features two homes on one spacious R-2 zoned corner lot, offering versatility and potential for various living arrangements or investment purposes. The first home is a charming 2-bedroom, 2-bathroom residence, while the second home is a cozy 1-bedroom, 1-bathroom unit. Each home boasts its own yard space and parking area, ensuring privacy and convenience for both occupants. The entire lot is fully fenced for added privacy and security. Ideally situated near Milpas shops, the vibrant Funk Zone, beautiful beaches, the iconic pier, and downtown Santa Barbara, and it is just minutes away from the upscale shopping and dining options on Coast Village Road in Montecito.

Last Agent to Sell the Property

Hitchcock & Associates

Compass License #01932289 Listed on: 07/24/2024

Compass

Last Buyer's Agent

Cameron Chesley

Carolwood Partners Inc. License #01976155

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,970 Sq Ft Lot

Interior Spaces

  • 993 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Flooring

  • Wood
  • Tile

Parking

  • Carport
  • Open Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 017-073-044

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Capitalization Rate: 4.335
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Building Stories: 1
  • ResoLaundryFeatures: In Unit
  • Carport Y N: Yes
  • Reso Flooring: Hardwood, Tile
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Parking Info Uncovered: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 993.0
  • General Property Information Stories2: 1.0
  • HeatingCooling Elec: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.16

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Uncovered, Cpt #1, Unc #2

Utilities

  • Heating: Elec
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 017-073-044
  • Zoning: R-2
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 13, 2024
Sold by
Gregory Roy Scott Trust and Scott Mary M
Bought by
Mauricio Parra And Luisa Elena Delgado Living and Parra
Seller's Agent
Hitchcock & Associates
Compass
Buyer's Agent
Cameron Chesley
Carolwood Partners Inc.
List Price
$1,425,000
Sold Price
$1,377,500
Premium/Discount to List
-$47,500
-3.33%
Views
30
Current Estimated Value
$1,592,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,069
Avg. Annual Appreciation
11.90%

Purchase Details

Closed on
May 16, 2020
Sold by
Scott Gregory Roy
Bought by
Gregory Roy Scott Trust and Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2011
Sold by
Geneau Brenda
Bought by
Scott Gregory Roy and Gregory Roy Scott Trust

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
4.46%
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
Mauricio Parra And Luisa Elena Delgado Living $1,377,500 First American Title
Gregory Roy Scott Trust -- Amrock
Scott Gregory Roy -- None Listed On Document
Scott Gregory Roy -- Amrock
Scott Gregory Roy $550,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Gregory Roy $617,000
Previous Owner Scott Gregory Roy $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $1,377,500 -3.3% $1,387 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $1,425,000 -- $1,435 / 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 $7,206 $1,377,500 $750,000 $627,500
2023 $7,206 $663,993 $452,724 $211,269
2022 $6,953 $650,975 $443,848 $207,127
2021 $6,792 $638,212 $435,146 $203,066
2020 $6,722 $631,669 $430,685 $200,984
2019 $6,605 $619,285 $422,241 $197,044
2018 $6,512 $607,143 $413,962 $193,181
2017 $6,297 $595,240 $405,846 $189,394
2016 $6,205 $583,570 $397,889 $185,681
2014 $6,037 $563,546 $384,236 $179,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-2449

Santa Barbara Multiple Listing Service

APN: 017-073-044