NOT LISTED FOR SALE

Estimated Value: $1,236,000 - $2,054,000

3 Beds
2 Baths
1,866 Sq Ft
$905/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $1,005,000 $539 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $10,134/month

Highlights

  • Property is near an ocean
  • Property is near public transit
  • Fireplace
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • 3-minute walk to Santa Barbara Municipal Tennis Court

About This Home

As of November 2019

For statistical purposes only...Don't miss this opportunity! Santa Barbara duplex in a great location near the Montecito Club for under $1M! Unit 1 features 2BD/2BA and vaulted wood beam ceilings. Unit 2 features 2BD/1.5BA, vaulted wood beam ceilings, and a beautiful brick fireplace. Both units have spacious yards with mature trees and share a two-car garage with laundry.

Last Agent to Sell the Property

Gregoire & Real Estate Group

Compass License #02025022 / 01973461 Listed on: 11/16/2019

Compass

Last Buyer's Agent

Kelly Knight

Village Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,362

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced
  • Property is in good condition

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces

Home Design

  • Raised Foundation

Interior Spaces

  • 1,866 Sq Ft Home
  • Fireplace
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Patio

Location

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

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 015-292-018

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,362

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: ResidentialIncome
  • Meters Sep Meter Wtr: N
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Carpet, Hardwood, Other
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 3.0
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 1866.0
  • Property Information Apx Lot SqFt: 6970.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Amenities Fncd All: Yes
  • FlrWdw Coverings Carpet: Yes
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Patio2: Yes
  • Foundation Raised2: Yes
  • Parking Info Total # Garage Spaces2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.16
  • Foundation Details: Raised

Garage/Parking

  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features: Garages, Uncovered

Association/Amenities

  • Fireplace: Yes
  • Association Amenities:Cable TV: Yes

Schools

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

Lot Info

  • Parcel #: 015-292-018
  • Zoning: R-2
  • Lot Size Sq Ft: 6970.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Summar and Casey
Bought by
Summar 2022 Trust
Current Estimated Value
$1,689,353

Purchase Details

Listed on
Nov 16, 2019
Closed on
Oct 22, 2019
Sold by
Sochel June C
Bought by
Summar Trenton and Summar Casey
Seller's Agent
Gregoire & Real Estate Group
Compass
Buyer's Agent
Kelly Knight
Village Properties
List Price
$989,000
Sold Price
$1,005,000
Premium/Discount to List
$16,000
1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$703,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2013
Sold by
Sochel June C
Bought by
Sochel June C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,720
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2002
Sold by
Sochel June C
Bought by
Sochel June C

Purchase Details

Closed on
Dec 28, 2001
Sold by
Sochel Richard A and Sochel Kathleen N
Bought by
Sochel Allen E and Sochel June C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.5%
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
Summar 2022 Trust -- Law Offices Of April M Lavigne
Summar Trenton $1,005,000 First American Title
Sochel June C -- None Available
Sochel June C -- --
Sochel Allen E -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summar Trenton Lee $358,100
Previous Owner Summar Trenton $714,700
Previous Owner Summar Trenton $703,500
Previous Owner Sochel June C $303,720
Previous Owner Sochel June C $333,000
Previous Owner Sochel Allen E $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $1,005,000 +1.6% $539 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $989,000 -- $530 / 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 $11,362 $1,099,111 $612,440 $486,671
2023 $11,362 $1,056,433 $588,659 $467,774
2022 $5,481 $1,035,719 $577,117 $458,602
2021 $10,708 $1,015,411 $565,801 $449,610
2020 $10,597 $1,005,000 $560,000 $445,000
2019 $4,805 $449,463 $228,540 $220,923
2018 $4,737 $440,651 $224,059 $216,592
2017 $4,580 $432,012 $219,666 $212,346
2016 $4,539 $423,542 $215,359 $208,183
2014 $4,417 $409,010 $207,970 $201,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3882

Santa Barbara Multiple Listing Service

APN: 015-292-018