NOT LISTED FOR SALE

134 Loureyro Rd Santa Barbara, CA 93108

Estimated Value: $2,402,000 - $4,111,942

Studio
4 Baths
1,845 Sq Ft
$1,786/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $2,566,000 $1,391 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $20,091/month

10 Days on Market

About This Home

As of May 2022

Unique opportunity to own 4 sought after spanish style rental units in the heart of Montecito each with their own private patio. Built by Bill Painter in 1967 with high ceilings, large arched windows, and sunken living room areas with wood burning fireplaces. The patios are very private and lend well to indoor/outdoor living. Plenty of parking and a bonus outdoor area with art/yoga building. Close to the beach, Upper and Lower Villages, and everything Montecito has to offer. In the highly desirable Montecito Union School District.

Last Agent to Sell the Property

Jason Siemens

Sotheby's International Realty License #01886104 Listed on: 04/08/2022

Sotheby's International Realty

Last Buyer's Agent

Chris Parker

Colliers International Greater Los Angeles, Inc. License #01887788

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 007-350-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1967
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1967
  • Property Information Apx # Acres: 0.22
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Foundation:Slab: Yes
  • Condition Good2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.22
  • Foundation Details: Slab

Schools

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

Lot Info

  • Parcel #: 007-350-047
  • Zoning: R-2
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Apr 25, 2022
Sold by
Pelaez Manuela
Bought by
Bassan Jeremy H
Seller's Agent
Jason Siemens
Sotheby's International Realty
Buyer's Agent
Chris Parker
Colliers International Greater Los Angeles, Inc.
List Price
$2,500,000
Sold Price
$2,566,000
Premium/Discount to List
$66,000
2.64%
Current Estimated Value
$3,294,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,986
Avg. Annual Appreciation
6.69%
Original Mortgage
$1,539,600
Outstanding Balance
$1,452,408
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$1,842,578

Purchase Details

Closed on
Jun 30, 2005
Sold by
Postma Peter
Bought by
Postma Peter and Postma Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2003
Sold by
Postma Christina
Bought by
Postma Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 30, 2003
Sold by
Crail Charles S and Crail Tawny B
Bought by
Postma Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 1, 2003
Sold by
Calkan Investments Llc
Bought by
Crail Charles S and Crail Tawny B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 21, 1998
Sold by
Painter William H Revocable Trust and Painter Susan
Bought by
Crail Charles and Crail Tawny
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
Bassan Jeremy H -- Fidelity National Title
Bassan Jeremy H $2,566,000 Fidelity National Title
Postma Peter -- First American Title Company
Postma Peter -- Lawyers Title Company
Postma Peter -- Lawyers Title Company
Crail Charles S $250,000 --
Crail Charles -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassan Jeremy H $1,539,600
Closed Bassan Jeremy H $1,539,600
Previous Owner Postma Peter $825,000
Previous Owner Postma Peter $675,000
Previous Owner Postma Peter $675,000
Closed Crail Charles S $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $2,566,000 +2.6% $1,391 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $2,500,000 -- $1,355 / Sq Ft
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 $29,805 $2,723,058 $1,910,174 $812,884
2023 $29,805 $2,438,000 $1,710,000 $728,000
2022 $14,753 $1,205,794 $937,845 $267,949
2021 $14,484 $1,182,152 $919,456 $262,696
2020 $14,360 $1,170,032 $910,029 $260,003
2019 $14,081 $1,147,091 $892,186 $254,905
2018 $13,848 $1,124,600 $874,693 $249,907
2017 $13,502 $1,102,550 $857,543 $245,007
2016 $13,057 $1,080,932 $840,729 $240,203
2014 $12,443 $1,043,841 $811,880 $231,961
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jason Siemens

    Sotheby's International Realty

    (805) 455-1165

    18 in this area

    36 Total Sales

    Jason Siemens
    Section Image

  • C

    Buyer's Agent in 2022

    Chris Parker

    Colliers International Greater Los Angeles, Inc.

    Section Image

  • A

    Buyer Co-Listing Agent in 2022

    Austin Herlihy

    Colliers International Greater Los Angeles, Inc.

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1074

Santa Barbara Multiple Listing Service

APN: 007-350-047

California Santa Barbara County Santa Barbara 93108

134 Loureyro Rd, Santa Barbara, CA

Not Listed for Sale

MultiFamily

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