NOT LISTED FOR SALE

1626 Castillo St Santa Barbara, CA 93101

Oak Park Neighborhood

Estimated Value: $1,622,000 - $2,194,000

1 Bed
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold July 28, 2021

Last sale price $1,505,000

Est. 28% increase in value since last sale

Current estimated payment $11,952/month

5 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • 1-Story Property
  • Santa Barbara Senior High School Rated A-

About This Home

As of July 2021

Just off Mission and near Oak Park this cozy 4 plex with 3 studios & 1-1 bedroom have long term tenants in the studios, Unit D has lease through 9/2021. Unit A & D have private fenced patios. Unit D is a 1 bedroom and updated late 2020. Laundry room facilities on site and are shared. 5 uncovered parking places available. Wonderful location and close to everything Santa Barbara offers, parks, beaches, shopping and great restaurants!

Last Agent to Sell the Property

Pam Grant

Compass License #01314208 Listed on: 06/20/2021

Compass

Last Buyer's Agent

Jonathan Gilkeson

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,596

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in average condition

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Stove
  • Laundry Room

Parking

  • 5 Parking Spaces
  • 5 Open Parking Spaces

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • The owner pays for trash collection, water, gas
  • Assessor Parcel Number 027-162-023

Community Details

Pet Policy

  • No Pets Allowed

Building Details

  • Fuel Expense $1,130
  • Maintenance Expense $720
  • Water Sewer Expense $3,750
  • New Taxes Expense $3,072
  • Gross Income $65,040

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,596

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1956
  • Income Expenses Annual Income: 65040.0
  • Income Expenses Gas Expense: 1130.0
  • Maintenance Expense: 720.0
  • Monthly Income: 5420.0
  • Income Expenses Water Expense: 3750.0
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 5.0
  • Building Stories: 1
  • ResoLaundryFeatures: Laundry Room, Bldg
  • ResoLotFeatures: Near Public Transit
  • Income And Expenses Maintenance Expense: 720.0
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1956
  • Property Information Apx # Acres: 0.17
  • NeighborhoodSchools Elementary School: Harding
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 5.0
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 1.0
  • Condition Fair2: Yes
  • Pets No8: Yes
  • Amenities Gas Stove2: Yes
  • IncomeExpenses Taxes6: 3072.0
  • Laundry Bldg: Yes
  • HeatingCooling AC None2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.17
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 5.0
  • Open Parking: Yes
  • Parking Features: Uncovered, Unc #5
  • Total Parking Spaces: 5.0

Fee Information

  • Annual Fuel Expense: 1130.0
  • Annual Water Sewer Expense: 3750.0

Schools

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

Lot Info

  • Parcel #: 027-162-023
  • Zoning: R-4
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 65040.0
  • Total Actual Rent: 5420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Gilkeson Jonathan and Gilkeson David
Bought by
1626 Castillo Llc
Current Estimated Value
$1,930,359

Purchase Details

Listed on
Jun 20, 2021
Closed on
Jul 28, 2021
Sold by
Piemme Frank M
Bought by
Piemme Family Trust
Seller's Agent
Pam Grant
Compass
Buyer's Agent
Jonathan Gilkeson
eXp Realty of California Inc.
List Price
$1,299,000
Sold Price
$1,505,000
Premium/Discount to List
$206,000
15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$1,054,501
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2021
Closed on
Jul 27, 2021
Sold by
Gilkeson Cassi Faye Noel
Bought by
Gilkeson David
Seller's Agent
Pam Grant
Compass
Buyer's Agent
Jonathan Gilkeson
eXp Realty of California Inc.
List Price
$1,299,000
Sold Price
$1,505,000
Premium/Discount to List
$206,000
15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,054,501
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2021
Closed on
Jul 1, 2021
Sold by
Piemme Family Trust and Stockwell Carol
Bought by
Gilkeson Jonathan and Gilkeson David
Seller's Agent
Pam Grant
Compass
Buyer's Agent
Jonathan Gilkeson
eXp Realty of California Inc.
List Price
$1,299,000
Sold Price
$1,505,000
Premium/Discount to List
$206,000
15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,054,501
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2021
Closed on
Jun 17, 2021
Sold by
Piemme Frank M
Bought by
Piemme Family Trust
Seller's Agent
Pam Grant
Compass
Buyer's Agent
Jonathan Gilkeson
eXp Realty of California Inc.
List Price
$1,299,000
Sold Price
$1,505,000
Premium/Discount to List
$206,000
15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,054,501
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2021
Closed on
Jun 2, 2021
Sold by
Piemme Frank M
Bought by
Piemme Family Trust
Seller's Agent
Pam Grant
Compass
Buyer's Agent
Jonathan Gilkeson
eXp Realty of California Inc.
List Price
$1,299,000
Sold Price
$1,505,000
Premium/Discount to List
$206,000
15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,054,501
Interest Rate
2.93%
Mortgage Type
New Conventional
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
1626 Castillo Llc -- None Listed On Document
Piemme Family Trust -- --
Gilkeson David -- Fidelity National Title
Gilkeson Jonathan $1,505,000 Fidelity National Title
Piemme Family Trust -- --
Piemme Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilkeson David $1,054,501
Previous Owner Gilkeson Jonathan $1,054,501
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $1,505,000 +15.9% --
06/24/2021 06/24/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $1,299,000 -- --
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 $16,596 $1,597,117 $769,375 $827,742
2023 $16,596 $1,535,100 $739,500 $795,600
2022 $16,015 $1,505,000 $725,000 $780,000
2021 $3,160 $294,732 $143,537 $151,195
2020 $3,127 $291,711 $142,066 $149,645
2019 $3,072 $285,992 $139,281 $146,711
2018 $3,029 $280,385 $136,550 $143,835
2017 $2,928 $274,888 $133,873 $141,015
2016 $2,936 $269,499 $131,249 $138,250
2014 $2,858 $260,253 $126,746 $133,507
Source: Public Records

Agents Affiliated with this Home

  • Pam Grant

    Seller's Agent in 2021

    Pam Grant

    Compass

    (805) 588-0714

    1 in this area

    113 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jonathan Gilkeson

    eXp Realty of California Inc.

  • Z

    Buyer Co-Listing Agent in 2021

    Zia Group

    Keller Williams Realty Santa Barbara

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2276

Santa Barbara Multiple Listing Service

APN: 027-162-023

California Santa Barbara County Santa Barbara 93101 Oak Park

1626 Castillo St, Santa Barbara, CA

This home is located at 1626 Castillo St, Santa Barbara, CA 93101 since 20 June 2021 and is currently estimated at $1,896,288. This property was built in 1956. 1626 Castillo St is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Peabody Charter School.

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