NOT LISTED FOR SALE

Estimated Value: $1,367,000 - $3,362,000

-- Bed
-- Bath
-- Sq Ft
0.38 Acres

Last Sold October 21, 2016

Last sale price $1,600,750

Est. 50% increase in value since last sale

Current estimated payment $14,732/month

6 Days on Market

Highlights

  • 0.38 Acre Lot
  • Property is near public transit
  • Fireplace
  • San Marcos Senior High School Rated A
  • Wood Flooring
  • Patio

About This Home

As of October 2016

Property is charming 1925 Craftsman, almost 2000sq ft, plus duplex in rear, 2 bedroom 1 bath on each side. Front house 3 bedroom 2 bath plus office, formal Dining Room, huge kitchen with breakfast area with wood flooring throughout. Many upgrades. Huge private lot. Off street parking plus 2 car garage with workshop.

Last Agent to Sell the Property

Joel Butera

Berkshire Hathaway HomeServices California Properties License #01229404 Listed on: 09/06/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Donna De Libro

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,370

Year Built

  • Built in 1920

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 225 x 75
  • Property is in good condition

Interior Spaces

  • Fireplace
  • Fire and Smoke Detector
  • Stove

Flooring

  • Wood
  • Parquet
  • Vinyl Plank

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Patio

Location

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Gravity Heating System
  • Individual Gas Meter

Community Details

  • 3 Units
  • Gross Income $91,200

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 043-183-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,370

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1920
  • Income Expenses Annual Income: 91200.0
  • Gross Rent Multiplier: 14.74
  • Monthly Income: 7600.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: Some
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Hardwood, Parquet, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1920
  • Property Information Apx # Acres: 0.38
  • NeighborhoodSchools Elementary School: Harding
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 16553.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Property Information Apx Lot Size FxD: 225 X 75
  • Proximity Near Hospital2: Yes
  • Parking Info Gar #24: Yes
  • FlrWdw Coverings Parquet2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Patio2: Yes
  • HeatingCooling Grav2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.38
  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Uncovered, Gar #2

Utilities

  • Heating: Grav
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 043-183-012
  • Zoning: R-2
  • Lot Size Sq Ft: 16553.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 91200.0
  • Total Actual Rent: 7600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Dwight Olson Mary
Bought by
Mary Dwight Olson Living Trust
Current Estimated Value
$2,395,891

Purchase Details

Listed on
Sep 6, 2016
Closed on
Sep 27, 2016
Sold by
Bond Lynda L
Bought by
Porter Abe and Porter Nancy Elizabeth
Seller's Agent
Joel Butera
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Donna De Libro
Century 21 Masters
List Price
$1,345,000
Sold Price
$1,600,750
Premium/Discount to List
$255,750
19.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Sep 23, 2010
Sold by
Labarge Donna L
Bought by
Labarge Donna L

Purchase Details

Closed on
Jul 29, 2010
Sold by
Labarge Donna L
Bought by
Labarge Donna L and The La Barge Family Credit Exemption Tru
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
Mary Dwight Olson Living Trust -- None Listed On Document
Porter Abe $1,601,000 Wfg National Title Ins Co
Labarge Donna L -- None Available
Labarge Donna L -- None Available
Labarge Donna L -- None Available
Labarger Donna L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labarge Donna L $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $1,600,750 +19.0% --
09/12/2016 09/12/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $1,345,000 -- --
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 $19,370 $1,864,765 $754,378 $1,110,387
2023 $19,370 $1,792,356 $725,086 $1,067,270
2022 $18,692 $1,757,213 $710,869 $1,046,344
2021 $18,263 $1,722,759 $696,931 $1,025,828
2020 $18,075 $1,705,095 $689,785 $1,015,310
2019 $17,761 $1,671,662 $676,260 $995,402
2018 $17,510 $1,638,885 $663,000 $975,885
2017 $16,869 $1,600,750 $650,000 $950,750
2016 $1,394 $128,360 $55,190 $73,170
2014 $1,356 $123,957 $53,297 $70,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-2950

Santa Barbara Multiple Listing Service

APN: 043-183-012