NOT LISTED FOR SALE

1601 Olive St Santa Barbara, CA 93101

Oak Park Neighborhood

Estimated Value: $1,941,000 - $2,177,466

3 Beds
3 Baths
1,748 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $855,000 $489 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $11,807/month

36 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Patio
  • Santa Barbara Senior High School Rated A-
  • Fireplace
  • Property is in excellent condition

About This Home

As of August 2013

This is a great opportunity to own or invest in an Upper Eastside Cottage! Interior features include hardwood flooring, fireplace, and spacious living and dining areas. Exterior features include a spacious back and front yards, upstairs, private balcony. In close proximity to the Mission and Downtown this charming 1920’s home is waiting for you. Excellent property on a corner and R-3 lot

Last Agent to Sell the Property

Caitlin Targoni

Goodwin & Thyne Properties License #01909605 Listed on: 01/23/2013

Co-Listed By

John Thyne

Goodwin & Thyne Properties License #01356582

Last Buyer's Agent

The Santa Barbara

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,905

Year Built

  • Built in 1929

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Raised Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl Plank
  • Vinyl

Outdoor Features

  • Patio

Location

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cable TV Available

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number 027-202-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,905

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1929
  • Monthly Income: 4050.0
  • Building Stories: 2
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: thyn
  • Co List Office Phone: 805-899-1100
  • Subdivision Name: Other
  • Reso Flooring: Vinyl, Carpet, Hardwood, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1929
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Condition Excellent: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Pets Yes: Yes
  • General Property Information Stories2: 2.0
  • Amenities Gas Stove2: Yes
  • Amenities Patio2: Yes
  • Foundation Raised2: Yes
  • Assessor's Data Assessor Year Built: 1927.0
  • Assessor's Data Assessor Lot Acres: 0.14
  • FlrWdw Coverings Vinyl2: Yes
  • Parking Info Street Only3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.14
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Street Only

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 027-202-015
  • Zoning: R-3
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None

Multi Family

  • Number Of Units Total: 1
  • Total Actual Rent: 4050.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2013
Closed on
Aug 26, 2013
Sold by
Bryan Donna G
Bought by
Gregg Patton and Jansson Malinka
Seller's Agent
Caitlin Targoni
Goodwin & Thyne Properties
Buyer's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
List Price
$950,000
Sold Price
$855,000
Premium/Discount to List
-$95,000
-10%
Current Estimated Value
$2,063,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,208,617
Avg. Annual Appreciation
7.77%
Original Mortgage
$684,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Clark Peter
Bought by
Bryan Donna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2004
Sold by
Clark Peter S
Bought by
Clark Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Fender Marcus R
Bought by
Clark Peter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Fender Mary A
Bought by
Fender Marcus R
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
Gregg Patton $855,000 First American Title Company
Bryan Donna G $1,000,000 Lawyers Title Co
Clark Peter -- Lawyers Title Company
Clark Peter S -- Lawyers Title Company
Clark Peter S $800,000 Lawyers Title Company
Fender Marcus R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregg Patton $800,000
Closed Gregg Patton $667,000
Closed Gregg Patton $684,000
Previous Owner Bryan Donna G $832,000
Previous Owner Bryan Donna G $104,000
Previous Owner Bryan Donna G $650,000
Previous Owner Bryan Donna G $250,000
Previous Owner Bryan Donna G $650,000
Previous Owner Clark Peter S $640,000
Previous Owner Fender Mary A $106,000
Closed Bryan Donna G $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $855,000 -10.0% $489 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $950,000 -- $543 / 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 $10,905 $1,048,103 $435,175 $612,928
2023 $10,905 $1,007,406 $418,278 $589,128
2022 $10,523 $987,654 $410,077 $577,577
2021 $10,281 $968,289 $402,037 $566,252
2020 $10,175 $958,361 $397,915 $560,446
2019 $9,997 $939,570 $390,113 $549,457
2018 $9,856 $921,148 $382,464 $538,684
2017 $9,531 $903,087 $374,965 $528,122
2016 $9,344 $885,380 $367,613 $517,767
2014 $9,091 $855,000 $355,000 $500,000
Source: Public Records

Agents Affiliated with this Home

  • Caitlin Targoni

    Seller's Agent in 2013

    Caitlin Targoni

    Goodwin & Thyne Properties

    (805) 699-5102

    14 Total Sales

    Caitlin Targoni
    Section Image
  • John Thyne

    Seller Co-Listing Agent in 2013

    John Thyne

    Goodwin & Thyne Properties

    (805) 899-1100

    5 in this area

    47 Total Sales

    John Thyne
    Section Image

  • T

    Buyer's Agent in 2013

    The Santa Barbara

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-238

Santa Barbara Multiple Listing Service

APN: 027-202-015

California Santa Barbara County Santa Barbara 93101 Oak Park

1601 Olive St, Santa Barbara, CA

This home is located at 1601 Olive St, Santa Barbara, CA 93101 since 23 January 2013 and is currently estimated at $2,063,617, approximately $1,180 per square foot. This property was built in 1929. 1601 Olive St is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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