NOT LISTED FOR SALE

1588 Oak St Solvang, CA 93463

Estimated Value: $547,000 - $609,878

2 Beds
1.5 Baths
1,146 Sq Ft
$509/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $354,000 $309 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,813/month

239 Days on Market

Highlights

  • Peek-A-Boo Views
  • End Unit
  • Cooling Available
  • Solvang Elementary School Rated A-
  • Lawn
  • Property is near schools

About This Home

As of July 2020

Bright and spacious condominium nestled in a park-like setting in downtown Solvang. End unit with an open floor plan, 2 bedrooms, 1.5 bathrooms, fireplace, indoor laundry, and ample storage; plus attached garage. Upstairs master bedroom has a private balcony, which overlooks a serene, common courtyard. Property to be sold as is, so bring your contractor or designer to help put the finishing touches on this diamond in the rough. Centrally located near shops, theater, and dining.

Last Agent to Sell the Property

Steve Battaglia

Battaglia Commercial Real Esta License #01318215 Listed on: 03/10/2020

Last Buyer's Agent

Non Member Agent

Non Member Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,066

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Lawn
  • Property is in average condition

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Peek-A-Boo
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,146 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Laundry in unit

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Location

  • Property is near schools
  • Property is near shops

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Underground Utilities
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 139-360-002

Community Details

Overview

  • Association fees include insurance, trash, prop mgmt, comm area maint, exterior maint
  • 10 Buildings
  • 10 Units
  • Danish Oaks Community
  • Planned Unit Development

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,066

Year Built

Built in 1986

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Association Fee: 295
  • Directions: Hwy 246, South on 5th Street, West on Oak, property will be on your right.
  • Prop. Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: PUD
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Trash, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Architectural Style: Townhouse
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1986
  • Property Information Total #Units: 10
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Danish oaks
  • View Green Belt2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Laundry In Unit2: Yes
  • Appliances Included Electric Range2: Yes
  • ParkingGarage Gar #12: Yes
  • Pets Yes: Yes
  • Condition Fair2: Yes
  • View PartialFiltered2: Yes
  • CondoCO-OPPUD End Unit: Yes
  • Cooling Ceiling Fan(s): Yes
  • Style Townhouse2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Electric Range, Dishwasher, Disposal, Microwave
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Green Belt, Partial/Filtered
  • Construction Type: Stucco
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Lawn
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 139-360-002
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Jun 16, 2020
Sold by
Melton Keith D and Melton John R
Bought by
Shaull Linda
Seller's Agent
Steve Battaglia
Battaglia Commercial Real Esta
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$395,000
Sold Price
$354,000
Premium/Discount to List
-$41,000
-10.38%
Current Estimated Value
$583,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,470
Avg. Annual Appreciation
9.96%
Original Mortgage
$200,000
Outstanding Balance
$177,742
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$397,747

Purchase Details

Closed on
Jul 8, 2011
Sold by
Melton John R
Bought by
Melton Keith D and Melton John R

Purchase Details

Closed on
Oct 10, 2001
Sold by
Wilkins Alberta Melton and Taylor Albert Melton
Bought by
Wilkins Alberta Melton
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shaull Linda $354,000 First American Title Company
Melton Keith D -- None Available
Wilkins Alberta Melton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaull Linda $200,000
Previous Owner Melton Keith D $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $354,000 -10.4% $309 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
10/15/2019 10/15/19 For Sale $395,000 -- $345 / 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 $4,066 $383,178 $162,364 $220,814
2023 $4,066 $368,301 $156,060 $212,241
2022 $3,933 $361,080 $153,000 $208,080
2021 $3,869 $354,000 $150,000 $204,000
2020 $2,352 $216,462 $82,737 $133,725
2019 $2,305 $212,218 $81,115 $131,103
2018 $2,266 $208,058 $79,525 $128,533
2017 $2,228 $203,979 $77,966 $126,013
2016 $2,153 $199,981 $76,438 $123,543
2014 $2,037 $193,121 $73,816 $119,305
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3556

Santa Barbara Multiple Listing Service

APN: 139-360-002