NOT LISTED FOR SALE

Estimated Value: $2,198,000 - $3,064,642

4 Beds
3 Baths
1,551 Sq Ft
$1,709/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $2,422,000 $1,562 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $16,693/month

48 Days on Market

Highlights

  • Updated Kitchen
  • Property is near public transit
  • Cottage
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2022

Two homes on one lot! This amazing R4 zoned downtown Santa Barbara property offers a turnkey and charming California cottage with a gorgeous 1 bedroom guest property. The main house has 3 bedrooms and 2 bathrooms that have been beautifully remodeled and the kitchen is updated with new stainless steel appliances. The home offers much natural light throughout with a large bay window in front. The ADU has a separate entrance at the rear of the property. The detached 2 car garage offers endless possibilities and there is a large private outdoor space in the backyard shaded by a wonderful oak tree. This is a versatile property in great condition!

Last Agent to Sell the Property

John Thyne

Goodwin & Thyne Properties License #01356582 Listed on: 08/24/2022

Last Buyer's Agent

John Faulkner

Village Properties - 1

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,156

Year Built

  • Built in 1926

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot
  • Property is in excellent condition
  • Property is zoned R-4

Parking

  • Garage

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,551 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Formal Dining Room
  • Property Views

Kitchen

  • Updated Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

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

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 027-181-018

Community Details

Overview

  • 2 Units
  • 15 Or 20 Downtown Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,156

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Directions: On Chapala St just south of Valerio
  • Prop. Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Subdivision Name: 15 or 20 - Downtown
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story, Outside Stairs
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1926
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1551.0
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining Formal2: Yes
  • Property Information Apx Lot SqFt: 7500.0
  • Proximity Near Bus: Yes
  • Property Information Apx Lot Size FxD: 50 X 150
  • Foundation Raised: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding
  • Acres: 0.17
  • Topography: Level
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 027-181-018
  • Zoning: R-4
  • Lot Size Sq Ft: 7500.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Oct 24, 2022
Sold by
Country Club Lifestyle 1 Llc
Bought by
Ct Chapala Sn Llc
Seller's Agent
John Thyne
Goodwin & Thyne Properties
Buyer's Agent
John Faulkner
Village Properties - 1
List Price
$2,795,000
Sold Price
$2,422,000
Premium/Discount to List
-$373,000
-13.35%
Current Estimated Value
$2,650,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,661
Avg. Annual Appreciation
3.26%

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 16, 2022
Sold by
Mahboob and Mohammed
Bought by
Country Club Lifestyle 1 Llc
Seller's Agent
Mitch Stark
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mitch Stark
RE/MAX Santa Barbara
List Price
$2,150,000
Sold Price
$2,200,000
Premium/Discount to List
$50,000
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.61%
Original Mortgage
$1,950,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 6, 2022
Sold by
Christopher E Lyons Trust
Bought by
Mahboob Ray and Mahboob Mohammed
Seller's Agent
Mitch Stark
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mitch Stark
RE/MAX Santa Barbara
List Price
$2,150,000
Sold Price
$2,200,000
Premium/Discount to List
$50,000
2.33%

Purchase Details

Closed on
Dec 8, 2005
Sold by
Lyons Marie Elizabeth
Bought by
Lyons Marie Elizabeth and The Christopher E Lyons Special Needs Tr

Purchase Details

Closed on
Dec 30, 2004
Sold by
Lyons Marie Elizabeth
Bought by
Lyons Marie Elizabeth and The Christopher E Lyons Trust

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
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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
Ct Chapala Sn Llc $2,422,000 Chicago Title
Country Club Lifestyle 1 Llc $2,215,000 First American Title
Mahboob Ray $2,200,000 First American Title
Lyons Marie Elizabeth -- --
Lyons Marie Elizabeth -- --
Lyons Marie Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Country Club Lifestyle 1 Llc $1,950,000
Previous Owner Lyons Marie Elizabeth $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $2,422,000 -6.7% $1,562 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $2,595,000 -3.7% $1,673 / Sq Ft
09/14/2022 09/14/22 Price Changed $2,695,000 -3.6% $1,738 / Sq Ft
08/24/2022 08/24/22 For Sale $2,795,000 +27.0% $1,802 / Sq Ft
06/24/2022 06/24/22 Off Market $2,200,000 -- --
06/23/2022 06/23/22 Sold $2,200,000 +2.3% $976 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $2,150,000 -- $953 / 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 $26,156 $2,519,848 $1,404,540 $1,115,308
2023 $26,156 $2,422,000 $1,350,000 $1,072,000
2022 $1,104 $99,748 $49,874 $49,874
2021 $1,077 $97,794 $48,897 $48,897
2020 $1,065 $96,792 $48,396 $48,396
2019 $1,047 $94,896 $47,448 $47,448
2018 $1,032 $93,036 $46,518 $46,518
2017 $997 $91,212 $45,606 $45,606
2016 $1,061 $89,424 $44,712 $44,712
2014 $1,035 $86,358 $43,179 $43,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2888

Santa Barbara Multiple Listing Service

APN: 027-181-018