$950,000
SOLD JAN 30, 2025
3 Beds
2 Baths
1,424 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$667 Per Sq Ft

20% Below List Price

34 Days on Market

Highlights

  • Very Popular Property
  • Property is near public transit
  • Restaurant
  • Santa Barbara Senior High School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of January 2025

Unique and sought after opportunity to acquire this 3 bedroom, 2 bath, R-4 (buyer to verify) zoned home in the heart of downtown Santa Barbara. First time being offered in almost two decades, the home offers an exceptional chance for both seasoned investors and owner/users alike in a prime location on a smaller, low-maintenance lot. DO NOT DISTURB TENANTS! Current Rents for both units are $4400 total a month. Showings are Subject to Inspection with accepted offer. Sale is subject to Court Approval and overbid. Call Listing Agent for Details.

Last Agent to Sell the Property

The Santa Barbara

Berkshire Hathaway HomeServices California Properties Listed on: 04/12/2024

Last Buyer's Agent

The Santa Barbara

Berkshire Hathaway HomeServices California Properties Listed on: 04/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,432

Year Built

  • Built in 1963

Lot Details

  • 2,178 Sq Ft Lot
  • Dog Run
  • Property is in average condition

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,424 Sq Ft Home
  • 2-Story Property
  • Dining Area

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

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

Schools

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

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 027-082-023

Community Details

Overview

  • No Home Owners Association
  • 15 Or 20 Downtown Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,432

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 or 20 - Downtown
  • Reso Flooring: Carpet, Tile
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Fair, Poor
  • Property Information Year Built2: 1963
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.05
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • Dining Dining Area2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Dog Run2: Yes
  • ParkingGarage Unc #12: Yes
  • Proximity Near Hospital2: Yes
  • Condition Fair2: Yes
  • Condition Poor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Stucco
  • Acres: 0.05
  • Exterior Features: Dog Run
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Wall Furnace
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 027-082-023
  • Zoning: Other
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jan 6, 2025
Sold by
Miller Peter L and Long Samuel Gabriel
Bought by
August Capital Group Llc
Seller's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
List Price
$1,189,000
Sold Price
$950,000
Premium/Discount to List
-$239,000
-20.1%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$720,000
Outstanding Balance
$716,206
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$318,644

Purchase Details

Closed on
Aug 1, 2005
Sold by
Gray Heather Veronica
Bought by
Long Samuel Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Miller Peter Leroy
Bought by
Long Samuel Gabriel

Purchase Details

Closed on
Aug 10, 2000
Sold by
Crawford Theodore F and Crawford Jolanta G
Bought by
Miller Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
9.99%

Purchase Details

Closed on
Feb 3, 1996
Sold by
Crawford Theodore F and Crawford Jolanta G
Bought by
Crawford Theodore F and Crawford Jolanta G

Purchase Details

Closed on
Apr 14, 1994
Sold by
Crawford Theodore F and Crawford Jolanta G
Bought by
Crawford Theodore F and Crawford Jolanta G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $950,000 First American Title
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed -- --
Grant Deed $345,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 New Conventional
Previous Owner $60,000 Construction
Previous Owner $0 Credit Line Revolving
Previous Owner $552,500 New Conventional
Previous Owner $460,000 Stand Alone First
Previous Owner $145,000 Credit Line Revolving
Previous Owner $310,500 No Value Available
Previous Owner $30,000 Credit Line Revolving
Previous Owner $157,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $1,375,000 +44.7% $966 / Sq Ft
01/30/2025 01/30/25 Sold $950,000 -20.1% $667 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $1,189,000 -- $835 / 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 $5,432 $519,841 $263,689 $256,152
2023 $5,432 $499,656 $253,450 $246,206
2022 $5,241 $489,860 $248,481 $241,379
2021 $5,119 $480,256 $243,609 $236,647
2020 $5,066 $475,333 $241,112 $234,221
2019 $4,978 $466,014 $236,385 $229,629
2018 $4,907 $456,877 $231,750 $225,127
2017 $4,745 $447,919 $227,206 $220,713
2016 $4,699 $439,137 $222,751 $216,386
2014 $4,573 $424,070 $215,109 $208,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1125

Santa Barbara Multiple Listing Service

APN: 027-082-023