NOT LISTED FOR SALE

1624 Chino St Unit A & B Santa Barbara, CA 93101

Westside Neighborhood

Estimated Value: $1,502,000 - $2,503,283

3 Beds
1 Bath
1,080 Sq Ft
$1,826/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $1,850,000 $1,713 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,022/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Property is in excellent condition
  • San Marcos Senior High School Rated A
  • Ceiling Fan
  • Gravity Heating System

About This Home

As of May 2022

Westside Special!! 2 houses on 1 lot, both in excellent move in condition, w/ new roofs & updated plumbing and electrical. These lovely homes are perfectly positioned on a flat, 7500 SF R2 lot, with 3 car carport, and are wonderfully located on Chino St just above Arrellaga. The front house is a very charming 2 bdrm, 1 bth (950 SF) w/ gleaming hardwood floors, lath & plaster walls, extra large master bedroom, archways, laundry room, & nice rear deck. The back house is 3 bdrm, 2 bth plus office area (1,080 SF) & is beautifully remodeled w/ new flooring, paint, & light fixtures. Other features include crown moldings in living room, Milgard windows, & tankless water heater. What a great spot to enjoy Westside living w/ very cute front porch, + approx. 1,000 SF fully fenced & private side yard Perfect for owner/user to live in one house and rent the other, or a family compound, or investor at 3.50% pro forma cap rate. What a great and rare opportunity! Both houses delivered vacant at COE!

Last Agent to Sell the Property

Mitch Stark

Berkshire Hathaway HomeServices California Properties License #01196532 Listed on: 04/19/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Michael Gilson

Michael Gilson Realty License #00480096

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,881

Year Built

  • Built in 1930

Lot Details

  • 7,500 Sq Ft Lot
  • Back Yard Fenced
  • Property is in excellent condition

Home Design

  • Raised Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling Fan
  • Dishwasher
  • Laundry in unit

Flooring

  • Wood
  • Vinyl

Parking

  • 3 Parking Spaces
  • Carport

Schools

  • Harding Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Additional Features

  • Deck
  • Gravity Heating System

Community Details

  • 2 Units
  • 20 Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043-213-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,881

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1930
  • Capitalization Rate: 3.50
  • Gross Rent Multiplier: 19.5
  • Meters Sep Meter Elec: N
  • Meters Sep Meter Gas: No
  • Miscellaneous Parking Spaces: 3.0
  • ResoLaundryFeatures: In Unit
  • Subdivision Name: 20 - Westside
  • Carport Y N: Yes
  • Reso Flooring: Vinyl, Hardwood
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1930
  • NeighborhoodSchools Elementary School: Harding
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Parking Info Cpt #35: Yes
  • Condition Excellent: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 1080.0
  • Property Information Apx Lot SqFt: 7500.0
  • Amenities Deck2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Fncd Back: Yes
  • Foundation Raised2: Yes
  • HeatingCooling Ceiling Fan(s)3: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Fncd Prt: Yes
  • HeatingCooling Grav2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.17
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Cpt #3
  • Total Parking Spaces: 3.0

Utilities

  • Heating: Ceiling Fan(s), Grav
  • HeatingYN: Yes

Schools

  • Elementary School: Harding
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 043-213-027
  • Zoning: R-2
  • Lot Size Sq Ft: 7500.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jul 20, 2022
Sold by
Michael Gilson
Bought by
2022 Michael Warren Gilson Revocable Trust
Seller's Agent
Mitch Stark
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Michael Gilson
Michael Gilson Realty
Sold Price
$1,850,000
Current Estimated Value
$1,892,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,933
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Lyons Marie Elizabeth
Bought by
The Lyons Bourget Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 2001
Sold by
Lyons Marie Elizabeth
Bought by
Lyons Marie Elizabeth
Source: Public Records

Range of Values:

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Average Value
Not Available
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
2022 Michael Warren Gilson Revocable Trust -- --
The Lyons Bourget Family Ltd Partnership -- --
Lyons Marie Elizabeth -- --
Lyons Marie Elizabeth -- --
Lyons Marie Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyons Bourget Family Lp $425,000
Previous Owner Lyons Bourget Family Lp $200,000
Previous Owner The Lyons Bourget Family Ltd Partnership $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $1,850,000 -- --
06/01/2022 06/01/22 Off Market $1,850,000 -- --
05/31/2022 05/31/22 Sold $1,850,000 0.0% $911 / Sq Ft
05/31/2022 05/31/22 Sold $1,850,000 -- $1,713 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/27/2022 04/27/22 Pending -- -- --
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 $19,881 $1,914,153 $852,945 $1,061,208
2023 $19,881 $1,714,000 $764,000 $950,000
2022 $2,185 $201,613 $32,619 $168,994
2021 $2,133 $197,661 $31,980 $165,681
2020 $2,111 $195,636 $31,653 $163,983
2019 $2,074 $191,801 $31,033 $160,768
2018 $2,044 $188,041 $30,425 $157,616
2017 $1,977 $184,355 $29,829 $154,526
2016 $2,012 $180,742 $29,245 $151,497
2014 $1,959 $174,541 $28,242 $146,299
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mitch Stark

    Berkshire Hathaway HomeServices California Properties

    (805) 969-5026

    2 in this area

    75 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Michael Gilson

    Michael Gilson Realty

    (805) 698-2714

    2 in this area

    8 Total Sales

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1190

Santa Barbara Multiple Listing Service

APN: 043-213-027

California Santa Barbara County Santa Barbara 93101 Westside

1624 Chino St Unit A & B, Santa Barbara, CA

This home is located at 1624 Chino St Unit A & B, Santa Barbara, CA 93101 since 19 April 2022 and is currently estimated at $1,972,071, approximately $1,825 per square foot. This property was built in 1930. 1624 Chino St Unit A & B is a home located in Santa Barbara County with nearby schools including Harding University Partnership, La Cumbre Junior High School, and San Marcos Senior High School.

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