NOT LISTED FOR SALE
-- Bed
-- Bath
5,600 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: May 9, 2024

Last sale price $2,100,000 $375 Per Sq Ft

24 Days on Market

Highlights

  • 0.33 Acre Lot
  • Laundry Room
  • 7 Car Garage

About This Home

As of May 2024

Just a bit over one mile away from the coastal water this multifamily property includes a two-story building that encompasses seven 800 square-foot two-bedroom, one-bathroom units. Built in 1965, the property provides its tenants with the privacy and security of one-car garages that are always coveted by tenant communities, and, for tenant convenience, there is a coin-operated washer-dryer room. With minimal low-maintenance decorative landscaping and a newly painted building, this property offers a handsome curb appeal.

Last Agent to Sell the Property

Craig Lieberman

Apartment Investment Specialists License #00682741 Listed on: 03/15/2024

Apartment Investment Specialists

Last Buyer's Agent

Craig Lieberman

Apartment Investment Specialists License #00682741 Listed on: 03/15/2024

Apartment Investment Specialists
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.33

Parking

  • 7 Car Garage

Additional Features

  • Laundry Room
  • 14,186 Sq Ft Lot

Community Details

  • 7 Units
  • Gross Income $140,100

Listing and Financial Details

  • Assessor Parcel Number 075-0-081-500

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.33 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Income Expenses Annual Income: 140100.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: No
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 7.0
  • ResoLaundryFeatures: Laundry Room
  • Garage Yn: Yes
  • Property Information Year Built2: 1965
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Laundry Laundry Room2: Yes
  • Property Information Apx Lot SqFt: 14186.0
  • Parking Info Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.33

Garage/Parking

  • Parking Features: Garages
  • Total Parking Spaces: 7.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 075-0-081-500
  • Zoning: Other
  • Lot Size Sq Ft: 14186.0

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 140100.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 12, 2024
Sold by
Bought by
Seller's Agent
Craig Lieberman
Apartment Investment Specialists
Buyer's Agent
Craig Lieberman
Apartment Investment Specialists
List Price
$2,400,000
Sold Price
$2,100,000
Premium/Discount to List
-$300,000
-12.5%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,464,217
Interest Rate
6.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.76%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2000
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 First American Title
-- None Available
$1,060,000 Stewart Title Of Ca Inc
-- --
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,500,000
Previous Owner $320,000
Previous Owner $351,228
Previous Owner $500,000
Previous Owner $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2024 05/09/24 Sold $2,100,000 -12.5% $375 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $2,400,000 -- $429 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,371 $2,141,930 $535,500 $1,606,430
2024 $15,371 $1,392,321 $853,783 $538,538
2023 $15,186 $1,365,021 $837,042 $527,979
2022 $14,138 $1,338,256 $820,629 $517,627
2021 $13,867 $1,312,016 $804,538 $507,478
2020 $13,735 $1,298,565 $796,290 $502,275
2019 $13,480 $1,273,104 $780,677 $492,427
2018 $13,256 $1,248,142 $765,370 $482,772
2017 $12,976 $1,223,669 $750,363 $473,306
2016 $12,722 $1,199,676 $735,650 $464,026
2015 $12,587 $1,181,656 $724,600 $457,056
2014 $12,343 $1,155,000 $705,000 $450,000
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-806

Santa Barbara Multiple Listing Service

APN: 075-0-081-500

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