NOT LISTED FOR SALE

1677 Maple Ave Solvang, CA 93463

Solvang Area
1 Bed
2 Baths
-- Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: February 26, 2016

Last sale price $2,710,000

82 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Laundry Room
  • Heating Available
  • Solvang Elementary School Rated A
  • Carpet

About This Home

As of February 2016

Bread-and-butter apartment complex located in the Danish village of Solvang, the heart of the Santa Ynez wine country. Unit mix includes (8) 1Bed/1Bath loft townhomes and (16) Studio apartments. Residents enjoy a private courtyard in the center of the property, off-street parking in the rear, and a common laundry room. Townhomes have private patios. New roofs in 2013/2014, new water heater 2014. Bread-and-butter apartment complex located in the Danish village of Solvang, in the heart of the Santa Ynez wine country. Unit mix includes (8) 1Bed/1Bath loft townhomes and (16) Studio apartments. Residents enjoy a private courtyard in the center of the property, off-street parking in the rear, and a common laundry room. Townhomes have private patios. New roofs installed in 2013/2014, new water heaters in 2014. Just a few blocks from downtown and Solvang Park, the farmer's market, restaurants, and many other downtown amenities. Sale is contingent on seller securing a suitable replacement property.

Last Agent to Sell the Property

Steve Battaglia

Battaglia Commercial Real Esta License #01318215 Listed on: 08/31/2015

Last Buyer's Agent

Non Member Agent

Non Member Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 10,454

Home Design

  • Slab Foundation

Flooring

  • Carpet
  • Vinyl

Parking

  • 24 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Additional Features

  • Laundry Room
  • Property is in average condition

Community Details

  • 24 Units

Listing and Financial Details

  • The owner pays for trash collection, water, gas
  • Assessor Parcel Number 139-123-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1974
  • Capitalization Rate: 4.7
  • Gross Rent Multiplier: 11.1
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 24.0
  • ResoLaundryFeatures: Laundry Room
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1974
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Foundation:Slab: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • HeatingCooling Elec: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Uncovered, Street
  • Total Parking Spaces: 24.0

Utilities

  • Heating: Elec
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 139-123-024
  • Zoning: Other

Rental Info

  • Owner Pays: Trash Collection, Water, Gas

Multi Family

  • Number Of Units Total: 24

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 1998
Sold by
Bought by

Purchase Details

Closed on
May 12, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,710,000 First American Title Company
-- --
-- Chicago Title Co
$313,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,777,000
Closed $2,811,000
Previous Owner $1,625,000
Previous Owner $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2016 02/26/16 Sold $2,710,000 0.0% --
02/26/2016 02/26/16 Sold $2,710,000 +0.4% $255 / Sq Ft View Prior Sale
09/28/2015 09/28/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $2,700,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $34,548 $3,272,243 $1,207,469 $2,064,774
2025 $33,931 $3,208,083 $1,183,794 $2,024,289
2023 $33,931 $3,083,512 $1,137,827 $1,945,685
2022 $32,814 $3,023,052 $1,115,517 $1,907,535
2021 $32,275 $2,963,778 $1,093,645 $1,870,133
2020 $31,802 $2,933,390 $1,082,432 $1,850,958
2019 $31,172 $2,875,873 $1,061,208 $1,814,665
2018 $30,644 $2,819,484 $1,040,400 $1,779,084
2017 $30,129 $2,764,200 $1,020,000 $1,744,200
2016 $12,388 $1,146,482 $539,521 $606,961
2015 $11,896 $1,129,261 $531,417 $597,844
2014 $11,663 $1,107,142 $521,008 $586,134
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2319

Santa Barbara Multiple Listing Service
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