NOT LISTED FOR SALE

Estimated Value: $1,274,000 - $1,709,000

2 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold July 26, 2019

Last sale price $785,000

Est. 75% increase in value since last sale

Current estimated payment $8,260/month

4 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Detached Garage
  • San Marcos Senior High School Rated A
  • Community Pool

About This Home

As of July 2019

Great duplex located In the Westside of Santa Barbara. Nearby parks, shopping, restaurants. This property has (2) 1 bedroom/1 bath units with beautiful hardwood flooring , arched interior doorways, large kitchen, generous sized living rooms. 2 Car garage in rear.

Last Agent to Sell the Property

Joel Butera

Berkshire Hathaway HomeServices California Properties License #01229404 Listed on: 07/08/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Lori Zahn

Lotus Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,944

Year Built

  • Built in 1920

Lot Details

  • 5,227

Parking

  • Detached Garage

Home Design

  • Raised Foundation

Location

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

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

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

Additional Features

  • Wood Flooring
  • Property is in good condition

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 043-161-014

Community Details

Overview

  • 2 Units

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,944

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1920
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1920
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • HeatingCooling Wall3: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • Parking Info Detached3: Yes
  • Foundation Raised2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Garages, Gar #2, Detached

Association/Amenities

  • Community Amenities:Pool2: Yes

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 043-161-014
  • Zoning: Other

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Jul 21, 2019
Sold by
Bruno Richard V
Bought by
Peake Lorind Baer and Lorind Peake Trust
Seller's Agent
Joel Butera
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lori Zahn
Lotus Commercial Real Estate
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Current Estimated Value
$1,372,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,640
Avg. Annual Appreciation
11.16%
Original Mortgage
$549,500
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Peake Lorind Baer $785,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peake Lorind Baer $538,000
Closed Peake Lorind Baer $549,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $785,000 -1.8% --
07/12/2019 07/12/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $799,000 -- --
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 $8,944 $858,507 $574,162 $284,345
2023 $8,944 $825,171 $551,867 $273,304
2022 $8,630 $808,993 $541,047 $267,946
2021 $8,431 $793,132 $530,439 $262,693
2020 $8,344 $785,000 $525,000 $260,000
2019 $4,659 $435,676 $252,324 $183,352
2018 $4,593 $427,134 $247,377 $179,757
2017 $4,441 $418,760 $242,527 $176,233
2016 $4,404 $410,550 $237,772 $172,778
2014 $4,286 $396,464 $229,614 $166,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2360

Santa Barbara Multiple Listing Service

APN: 043-161-014