Seller's Agent in 2021
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
1 in this area
88 Total Sales
134 Chapala Santa Barbara, CA 93101
West Beach NeighborhoodEstimated Value: $4,366,467
Studio
--
Bath
--
Sq Ft
14,810
Sq Ft Lot
About This Home
As of October 2021This amazing property represents one of the last unrealized development
opportunities in Santa Barbara this close to the ocean.
Located in the prized West Beach neighborhood, the ''Gateway to the City,''
just beyond the Moxi Museum and Hotel Californian, this 15,000 SF parcel
is perfectly situated for a boutique hotel, hostel or possible vacation rental.
Overlooking the creek and with ocean view potential, this property has
extremely attractive characteristics from a hospitality standpoint.
The building was previously used as a youth hostel for travelling tourists and
surfers and was temporarily shut down due to the Mission Creek restoration
project in 2013. At the time it was operating the hostel had 47 beds.
Last Agent to Sell the Property
Radius Group Commercial R.E. License #00772218 Listed on: 04/22/2021
Co-Listed By
Brian Johnson
Radius Group Commercial R.E.
Last Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.34
Listing and Financial Details
- Assessor Parcel Number 033-074-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2021
Closed on
Oct 12, 2021
Sold by
The Funk Youth Hostel Llc
Bought by
134 Chapala Llc
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$4,200,000
Sold Price
$3,750,000
Premium/Discount to List
-$450,000
-10.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,467
Original Mortgage
$2,250,000
Outstanding Balance
$2,051,790
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 20, 2013
Sold by
Celmins John and Celmins Emily K
Bought by
The Funk Youth Hostel Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 9, 2010
Sold by
Celmins Andrea K
Bought by
Celmins Emily K
Purchase Details
Closed on
Dec 5, 2006
Sold by
Stucco Box Llc
Bought by
Celmins John and Celmins Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.38%
Mortgage Type
Commercial
Purchase Details
Closed on
May 11, 2006
Sold by
Smith Brent N
Bought by
Stucco Box Llc
Purchase Details
Closed on
Sep 12, 2002
Sold by
Smith Louise J
Bought by
Smith Brent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.24%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 4, 2001
Sold by
Hild Robert Louis and Hild Adell
Bought by
Smith Brent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
7.14%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 15, 1993
Sold by
Hild Robert L and Hild Adell
Bought by
Hild Robert Louis and Hild Adell
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 134 Chapala Llc | $3,750,000 | Fidelity National Title Co | |
| The Funk Youth Hostel Llc | $2,525,000 | First American Title Company | |
| Celmins Emily K | -- | None Available | |
| Celmins John | $2,250,000 | United General Title Ins Co | |
| Stucco Box Llc | -- | None Available | |
| Smith Brent | -- | Chicago Title Co | |
| Smith Brent | -- | Chicago Title Co | |
| Hild Robert Louis | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 134 Chapala Llc | $2,250,000 | |
| Previous Owner | The Funk Youth Hostel Llc | $1,900,000 | |
| Previous Owner | Celmins John | $1,700,000 | |
| Previous Owner | Smith Brent | $75,000 | |
| Previous Owner | Smith Brent | $685,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2021 10/21/21 | Sold | $3,750,000 | -10.7% | -- |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $4,200,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
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 | $41,307 | $3,979,530 | $1,591,812 | $2,387,718 |
| 2023 | $41,307 | $3,825,000 | $1,530,000 | $2,295,000 |
| 2022 | $39,863 | $3,750,000 | $1,500,000 | $2,250,000 |
| 2021 | $30,310 | $2,859,576 | $2,180,075 | $679,501 |
| 2020 | $29,998 | $2,830,256 | $2,157,722 | $672,534 |
| 2019 | $29,476 | $2,774,762 | $2,115,414 | $659,348 |
| 2018 | $29,326 | $2,745,356 | $2,073,936 | $671,420 |
| 2017 | $28,363 | $2,692,017 | $2,033,271 | $658,746 |
| 2016 | $27,628 | $2,639,723 | $1,993,403 | $646,320 |
| 2015 | $27,067 | $2,575,449 | $1,963,461 | $611,988 |
| 2014 | -- | $2,525,000 | $1,925,000 | $600,000 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Golis
-
B
Seller Co-Listing Agent in 2021
Brian Johnson
Radius Group Commercial R.E.
-
D
Buyer's Agent in 2021
Daniel Encell
Berkshire Hathaway HomeServices California Properties
-
Dan Encell
Buyer's Agent in 2021
Dan Encell
Berkshire Hathaway HomeServices California Properties
(805) 677-2013
1 in this area
107 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 19-2927
APN: 033-074-001
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