NOT LISTED FOR SALE

1483 Alva St Carpinteria, CA 93013

Canalino Village Neighborhood

Estimated Value: $1,368,000 - $1,771,000

3 Beds
3 Baths
2,338 Sq Ft
$689/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2022

Last sale price $1,230,000 $526 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,078 / mo

163 Days on Market

Highlights

  • Mountain View
  • Outdoor Fireplace
  • Wood Flooring
  • Contemporary Architecture
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of February 2022

Investors Alert! Beautiful property nestled on a private cul-de-sac, the size and quality of this updated property is sure to impress! High vaulted ceilings and big double paned window offers lots of natural light to the great room, upstairs and down stairs bedrooms and dedicated office. Outdoor living space includes a raised hearth fireplace and a separate covered outdoor kitchen area with surrounding mountain views. Paved RV access on spacious side yard adds even more usable outdoor room. This property is conveniently close to all that Carpinteria has to offer, beautiful beaches, quaint town and great community with equal to proximity to work & play. Current lease expires in Sept. 2022 with options to extend to current tenant, a well established local non-profit that would like to stay.

Last Agent to Sell the Property

Don Edwards

Michael Sipes, Referrals License #01058377 Listed on: 07/27/2021

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 10,890 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • South Facing Home
  • Wood Fence

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,338 Sq Ft Home
  • Cathedral Ceiling
  • Great Room with Fireplace
  • Home Office
  • Mountain Views
  • Laundry in Garage

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Utilities

  • Central Heating
  • Standard Electricity

Additional Features

  • Outdoor Fireplace
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 16
  • Assessor Parcel Number 001271004

Community Details

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • Insurance Expense $2,800
  • New Taxes Expense $13,500
  • Gross Income $73,200
  • Net Operating Income $56,900

Additional Features

  • Foothills
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 4.00
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 001271004
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Great Room, Outside
  • Levels: Two
  • Price Per Square Foot: 556.03
  • Room Type: Great Room, Main Floor Bedroom, Main Floor Master Bedroom, Office

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Foothills, Park, Sidewalks, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Gross Income: 73200.00
  • Gross Scheduled Income: 73200.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 0.2500 Acres
  • Net Operating Income: 56900.00
  • Operating Expense: 16300.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 13500.00
  • Tax Tract: 10303
  • Tax Tract Number: 16.01

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Feb 8, 2022
Sold by
Scar Family Trust
Bought by
Seller's Agent
Don Edwards
Michael Sipes, Referrals
List Price
$1,395,000
Sold Price
$1,230,000
Premium/Discount to List
-$165,000
-11.83%
Current Estimated Value
$1,605,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,109
Avg. Annual Appreciation
6.12%
Original Mortgage
$984,000
Outstanding Balance
$897,844
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$713,739

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jan 14, 2022
Sold by
Hssems Llc
Bought by
Scar Family Trust
Seller's Agent
Don Edwards
Michael Sipes, Referrals
List Price
$1,395,000
Sold Price
$1,230,000
Premium/Discount to List
-$165,000
-11.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Outstanding Balance
$897,844
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$713,739

Purchase Details

Listed on
Apr 1, 2017
Closed on
Aug 24, 2017
Sold by
Scar Howard Stuart and Scar Ethel Marion
Bought by
Hssems Llc
Seller's Agent
Jackie Moran
Re/Max Gold Coast Realtors
Buyer's Agent
Mitch Stark
RE/MAX Santa Barbara
List Price
$1,295,000
Sold Price
$1,155,000
Premium/Discount to List
-$140,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$808,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jun 29, 2017
Sold by
Moorhouse Jeffrey M
Bought by
Scar Howard Stuart and Scar Ethel Marion
Seller's Agent
Jackie Moran
Re/Max Gold Coast Realtors
Buyer's Agent
Mitch Stark
RE/MAX Santa Barbara
List Price
$1,295,000
Sold Price
$1,155,000
Premium/Discount to List
-$140,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2016
Sold by
Moorhouse Jeffrey M
Bought by
Moorhouse Jeffrey M and Jeff Moorhouse Trust

Purchase Details

Closed on
Jun 29, 2012
Sold by
Moorehouse Jennifer J
Bought by
Moorhouse Jeffrey M

Purchase Details

Closed on
May 17, 2000
Sold by
Moorhouse Macphee Patricia
Bought by
Moorhouse Jeffrey M and Moorhouse Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
8.53%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Canalino Village, CA

  • Allison Easley Real Estate Agent - RE/MAX Gold Coast

    Allison Easley

    RE/MAX Gold Coast

    (805) 386-9676

    61 Total Sales

    2 in Canalino Village

    $1,613,000 Price Range

    Allison Easley
     Section Image
  • Lowell Easley Real Estate Agent - RE/MAX Gold Coast-Beach Marina Office

    Lowell Easley

    RE/MAX Gold Coast-Beach Marina Office

    (805) 823-1316

    23 Total Sales

    2 in Canalino Village

    $1,613,000 Price Range

    Lowell Easley
     Section Image
  • Jamie Speaks Real Estate Agent - eXp Realty of California, Inc.

    Jamie Speaks

    eXp Realty of California, Inc.

    (805) 303-3368

    67 Total Sales

    1 in Canalino Village

    $1,132,000 Price

    Jamie Speaks
     Section Image
  • Jorge Deleon Real Estate Agent - eXp Realty of California Inc.

    Jorge Deleon

    eXp Realty of California Inc.

    (805) 973-9591

    23 Total Sales

    3 in Canalino Village

    $1,550,000 Price Range

    Jorge Deleon
     Section Image
  • Maurie McGuire Real Estate Agent - Sotheby's International Realty

    Maurie McGuire

    Sotheby's International Realty

    (805) 617-1644

    22 Total Sales

    1 in Canalino Village

    $1,350,000 Price

    Maurie McGuire
     Section Image

  • MW

    Mary Whitney

    Responds Quickly

    Berkshire Hathaway HomeServices California Properties

    (888) 617-2371

    9 Total Sales

    1 in Canalino Village

    $1,300,000 Price

    Mary Whitney
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,230,000 Fidelity National Title
Scar Family Trust -- None Listed On Document
Hssems Llc -- First American Title Company
Scar Howard Stuart $1,155,000 First American Title Company
Moorhouse Jeffrey M -- None Available
Moorhouse Jeffrey M -- None Available
Moorhouse Jeffrey M -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $984,000
Previous Owner Scar Howard Stuart $808,500
Previous Owner Moorhouse Jeffrey M $25,000
Previous Owner Moorhouse Jeffery M $84,000
Previous Owner Moorhouse Jeffrey M $10,950
Previous Owner Moorhouse Jeffery M $805,000
Previous Owner Moorhouse Jeffrey M $316,500
Previous Owner Moorhouse Jeffrey M $35,000
Previous Owner Moorhouse Jeffrey M $74,000
Previous Owner Moorhouse Jeffrey M $410,000
Previous Owner Moorhouse Jeffrey M $226,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2022 02/18/22 Sold $1,230,000 -5.4% $526 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
10/15/2021 10/15/21 Price Changed $1,300,000 -6.8% $556 / Sq Ft
07/27/2021 07/27/21 For Sale $1,395,000 +20.8% $597 / Sq Ft
08/18/2017 08/18/17 Sold $1,155,000 -10.8% $470 / Sq Ft View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $1,295,000 0.0% $527 / Sq Ft
08/30/2013 08/30/13 Rented $4,000 0.0% --
08/15/2013 08/15/13 Under Contract -- -- --
06/17/2013 06/17/13 For Rent $4,000 -- --
Source: Ventura County Regional Data Share

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,662 $1,340,569 $757,701 $582,868
2025 $14,369 $1,305,285 $742,845 $562,440
2023 $14,369 $1,230,000 $700,000 $530,000
2022 $13,065 $1,152,600 $714,000 $438,600
2021 $13,656 $1,214,111 $536,101 $678,010
2020 $13,501 $1,201,662 $530,604 $671,058
2019 $13,225 $1,178,100 $520,200 $657,900
2018 $13,004 $1,155,000 $510,000 $645,000
2017 $6,709 $566,815 $182,829 $383,986
2016 $6,593 $555,702 $179,245 $376,457
2014 $6,152 $536,635 $173,095 $363,540
Source: Public Records

Agents Affiliated with this Home

  • DE

    Seller's Agent in 2022

    Don Edwards

    Michael Sipes, Referrals

    Section Image

  • JM

    Seller's Agent in 2017

    Jackie Moran

    RE/MAX

  • MS

    Buyer's Agent in 2017

    Mitch Stark

    RE/MAX Santa Barbara

  • BC

    Seller's Agent in 2013

    Bill Crowley

    Ocean View Realty

See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V1-7407

Ventura County Regional Data Share

APN: 001-271-004

California Santa Barbara County Carpinteria 93013 Canalino Village

1483 Alva St, Carpinteria, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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