NOT LISTED FOR SALE

Estimated Value: $1,309,000 - $1,587,000

1 Bed
1 Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold January 07, 2020

Last sale price $780,000

Est. 85% increase in value since last sale

Current estimated payment $8,246/month

About This Home

As of May 2020

Charming free standing 1 bedroom, 1 bath cottage located in the heart of downtown Santa Barbara. Cozy step saving kitchen that leads to private patio. Newly updated bathroom. One assigned parking space. Open to month to month lease. Please no pets. Please note: due to Coronavirus: showings highly discouraged. Landlord requests that a waiver is signed, verification of funds/credit check needed prior to entry of unit. Mask, gloves and booties (or no shoes inside unit) please be worn during access to property.

Last Agent to Rent the Property

Jennifer Berger

Compass License #01309181 Listed on: 04/21/2020

Compass

Last Renter's Agent

Jennifer Berger

Compass License #01309181 Listed on: 04/21/2020

Compass

Home Details

Home Type

  • Single Family

Lot Details

  • Property is in good condition

Parking

  • Open Parking

Home Design

  • Cottage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 043-192-012

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Cal Cottage
  • New Construction: No
  • Reso Property Condition: Good
  • Condition Good2: Yes
  • Property Information Total Bathrooms2: 1.0
  • Style Cal Cottage2: Yes
  • ParkingGarage Unc #13: Yes
  • Pets No: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 1

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #1

Lot Info

  • Parcel #: 043-192-012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Dec 11, 2019
Sold by
Prola James and Prola Elissa
Bought by
Jacobs Robert M and Jacobs Barbara J
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Jennifer Crader
Sotheby's International Realty
List Price
$850,000
Sold Price
$780,000
Premium/Discount to List
-$70,000
-8.24%
Current Estimated Value
$1,443,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,967
Avg. Annual Appreciation
10.70%
Original Mortgage
$585,000
Outstanding Balance
$397,044
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,046,923

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 2, 2017
Sold by
Hughes Kim and The Hughes Land Holding Trust
Bought by
Prola James and Prola Elissa
Seller's Agent
Kim Hughes
Santa Barbara Real Estate & In
Buyer's Agent
Ray Szabo
Santa Barbara Real Estate & In
List Price
$790,000
Sold Price
$790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%
Original Mortgage
$632,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Hughes Kim
Bought by
Hughes Kim

Purchase Details

Closed on
Jun 11, 2002
Sold by
Hughes Kim
Bought by
Hughes Kim

Purchase Details

Closed on
Jan 10, 2002
Sold by
Hughes Kim
Bought by
Hughes Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.75%

Purchase Details

Closed on
May 15, 1998
Sold by
Kim Hughes
Bought by
Hughes Kim
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobs Robert M $780,000 Chicago Title Company
Prola James $790,000 First American Title Company
Hughes Kim -- Chicago Title Company
Hughes Kim -- Chicago Title Company
Hughes Kim -- Chicago Title Company
Hughes Kim -- Chicago Title
Hughes Kim -- Chicago Title Co
Hughes Kim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Robert M $585,000
Previous Owner Prola James $632,000
Previous Owner Hughes Kim $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2020 05/20/20 Rented $1,850 0.0% --
05/19/2020 05/19/20 Under Contract -- -- --
04/20/2020 04/20/20 For Rent $1,850 0.0% --
01/07/2020 01/07/20 Sold $780,000 -8.2% $2,026 / Sq Ft View Prior Sale
11/26/2019 11/26/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $850,000 +7.6% $2,208 / Sq Ft
10/18/2017 10/18/17 Sold $790,000 0.0% -- View Prior Sale
09/12/2017 09/12/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $790,000 -- --
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 $8,887 $853,039 $601,503 $251,536
2023 $8,887 $819,916 $578,147 $241,769
2022 $8,575 $803,840 $566,811 $237,029
2021 $8,377 $788,080 $555,698 $232,382
2020 $8,660 $821,916 $613,836 $208,080
2019 $8,508 $805,800 $601,800 $204,000
2018 $8,386 $790,000 $590,000 $200,000
2017 $715 $64,380 $25,098 $39,282
2016 $787 $63,118 $24,606 $38,512
2014 $768 $60,954 $23,763 $37,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1409

Santa Barbara Multiple Listing Service

APN: 043-192-012