NOT LISTED FOR SALE

Estimated Value: $1,385,000 - $1,760,000

3 Beds
3 Baths
1,664 Sq Ft
$948/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $965,000 $580 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $9,494/month

14 Days on Market

Highlights

  • Additional Residence on Property
  • Property is near an ocean
  • Deck
  • San Marcos Senior High School Rated A
  • Mountain View
  • Property is near a park

About This Home

As of March 2020

Great opportunity for an investor or owner/user! This duplex consists of a 3bed/2bath unit that was just rented for $3600/month and a Studio with a potential rent of $1700. That is a total potential rental income of $5300+/month. New roof and gutters. Low maintenance landscaping with artificial lawn. Studio is move-in ready with vinyl plank flooring, new appliances, and HVAC system with AC. Each unit has its own separate fenced yard area, parking, laundry hook-up, Schlage locks with smartphone wireless capability and trex decking. Close to Downtown Santa Barbara, Santa Barbara City College, and Cottage Hospital.

Last Agent to Sell the Property

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429 Listed on: 01/27/2020

Co-Listed By

Nathan Hagon

Keller Williams Realty Santa Barbara License #02011627

Last Buyer's Agent

Susan Jordano

Village Properties License #01775462

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,983

Year Built

  • Built in 1970

Lot Details

  • Dog Run
  • Back Yard Fenced
  • Drought Tolerant Landscaping
  • Property is in good condition

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Mountain Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Property is near an ocean
  • Deck
  • Shed

Additional Homes

  • Additional Residence on Property

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 043-251-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,983

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Driveway is on Arrellaga
  • Prop. Type: Residential
  • Year Built: 1970
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Architectural Style: Cal Cottage
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good
  • Property Information Year Built2: 1970
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Dog Run2: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Second Residence2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Total # Uncovered Spaces: 2.0
  • Laundry In Unit2: Yes
  • Proximity Near Hospital2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Total # Carport Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Dog Run, Fenced: ALL, Fenced: BCK, Drought Tolerant LND
  • Foundation Details: Raised

Garage/Parking

  • Open Parking Spaces: 2.0

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 043-251-023
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Feb 13, 2020
Sold by
Hagon Jaclyn
Bought by
Jambretz Mark and Jambretz Julie
Seller's Agent
The Epstein Partners
Keller Williams Realty Santa Barbara
Buyer's Agent
Susan Jordano
Village Properties
List Price
$995,000
Sold Price
$965,000
Premium/Discount to List
-$30,000
-3.02%
Current Estimated Value
$1,577,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,510
Avg. Annual Appreciation
9.38%
Original Mortgage
$482,500
Outstanding Balance
$429,036
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,148,474

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 26, 2018
Sold by
Kriewald Walter C and Kriewald Phyllis S
Bought by
Hagon Jaclyn
Seller's Agent
Elizabeth C. Layne
Re/Max Estate Properties
Buyer's Agent
Nathan Hagon
Keller Williams Realty Santa Barbara
List Price
$825,000
Sold Price
$790,000
Premium/Discount to List
-$35,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$632,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2004
Sold by
Kriewald Walter C and Kriewald Phyllis S
Bought by
Kriewald Walter C and Kriewald Phyllis S
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
Jambretz Mark $965,000 First American Title Company
Hagon Jaclyn $790,000 Chicago Title Co
Kriewald Walter C -- --
Kriewald Walter C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jambretz Mark $482,500
Previous Owner Hagon Jaclyn $632,000
Previous Owner Kriewald Walter C $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $965,000 -3.0% $580 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $995,000 +25.9% $598 / Sq Ft
02/23/2018 02/23/18 Sold $790,000 -4.2% $589 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $825,000 -- $615 / 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 $10,983 $1,055,363 $601,503 $453,860
2023 $10,983 $1,014,384 $578,147 $436,237
2022 $10,598 $994,495 $566,811 $427,684
2021 $10,354 $974,997 $555,698 $419,299
2020 $8,660 $821,916 $468,180 $353,736
2019 $8,508 $805,800 $459,000 $346,800
2018 $3,311 $306,931 $122,675 $184,256
2017 $3,202 $300,914 $120,270 $180,644
2016 $3,201 $295,014 $117,912 $177,102
2014 $3,116 $284,891 $113,866 $171,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-313

Santa Barbara Multiple Listing Service

APN: 043-251-023