NOT LISTED FOR SALE

Estimated Value: $1,690,731 - $2,611,000

2 Beds
2 Baths
1,088 Sq Ft
$1,975/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $2,650,000 $2,436 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $12,004/month

Highlights

  • Deck
  • Property is near a park
  • Forced Air Heating and Cooling System
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • 2-minute walk to Orpet Park

About This Home

As of July 2024

Immerse yourself in the true essence of Riviera living at this exceptional Multi-Use, Multi-Family property. Discover two distinct residences, each with its own APN numbers, offering a rare investment opportunity. This sanctuary not only presents grand views of the ocean, harbor, and cityscape but also harmoniously blends a comfort in its design. An ideal location just moments away from local attractions like the Mission, Roosevelt Elementary school & our vibrant Downtown. Natural light floods each unit. Additional features include spacious decks, laundry facilities, cozy fireplaces in the living rooms & an enclosed garage & 2-car carport.
Property Details:
1804: 1 bed | 1 spacious loft | 2 bath | Approx 1,088 sqft
1810: 3 bed | 3 bath with a den/bonus room | Approx 1,876 sqft

Last Agent to Sell the Property

Tiffany Dore

Village Properties License #01806890 Listed on: 06/13/2024

Last Buyer's Agent

Tiffany Dore

Village Properties License #01806890 Listed on: 06/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,529

Year Built

  • Built in 1980

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Carport

Location

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

Schools

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

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • 15 Riviera/Lower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027-072-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,529

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1980
  • Meters Sep Meter Elec: N
  • Meters Sep Meter Gas: No
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 4.0
  • Building Stories: 2
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 - Riviera/Lower
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1980
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Parking Info Carport2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1088.0
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • HeatingCooling AC Central2: Yes
  • Amenities Deck2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Disposal2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • HeatingCooling GFA: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.16
  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Garages, Carport, Gar #2, Cpt #2
  • Total Parking Spaces: 4.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 027-072-011
  • Zoning: R-1
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 11, 2024
Sold by
Anthony Shih Trust and Barleau Becky Gene
Bought by
Lagome Llc
Seller's Agent
Tiffany Dore
Village Properties
Buyer's Agent
Tiffany Dore
Village Properties
List Price
$2,600,000
Sold Price
$2,650,000
Premium/Discount to List
$50,000
1.92%
Views
14
Current Estimated Value
$2,149,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$500,817
Avg. Annual Appreciation
-18.09%
Original Mortgage
$2,650,000
Outstanding Balance
$2,622,821
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$473,638

Purchase Details

Closed on
Feb 13, 2006
Sold by
Shih Anthony
Bought by
Shih Anthony
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
Lagome Llc $2,650,000 Wfg National Title
Shih Anthony -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagome Llc $2,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $2,650,000 +1.9% $2,436 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $2,600,000 -- $2,390 / 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 $3,529 $950,000 $500,000 $450,000
2023 $3,529 $313,847 $146,461 $167,386
2022 $3,400 $307,694 $143,590 $164,104
2021 $3,319 $301,662 $140,775 $160,887
2020 $3,284 $298,570 $139,332 $159,238
2019 $3,226 $292,716 $136,600 $156,116
2018 $3,178 $286,977 $133,922 $153,055
2017 $3,073 $281,351 $131,297 $150,054
2016 $3,077 $275,835 $128,723 $147,112
2014 $2,995 $266,372 $124,307 $142,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1943

Santa Barbara Multiple Listing Service

APN: 027-072-011