NOT LISTED FOR SALE

Estimated Value: $1,391,000 - $1,918,000

4 Beds
2 Baths
1,650 Sq Ft
$995/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $920,000 $558 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $9,693/month

12 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Patio
  • San Marcos Senior High School Rated A
  • Attached Garage
  • Partially Fenced Property

About This Home

As of November 2015

Built in 1960 this Westside duplex consists of two 827 sqft 2 bedroom 1 bath units. Each unit has an attached one car garage with laundry hookups that separates the units so there are no common walls between the two unit’s living spaces. There are separate fenced yards for both units with the unit at 1904 Gillespie having a front yard & private fenced side yard. Both units are in nice condition with 1904 Gillespie having some recent updating. The updates include a kitchen with newer appliances and fixtures, newer cabinets plus tile floors and countertops. Both kitchens also have a nice dining area and a door to their own yard. The bathroom updating includes new tile floor, tile countertop & shower, vanity and fixtures. There are newer dual pane windows in most of the rooms.
Currently 1902 Gillespie is rented to long term tenants for $1,200 per month and will require 60 day notice for any change in their rental agreement. 1904 Gillespie is rented for $2,300 per month however these tenants will be vacating at the end of July.

Last Agent to Sell the Property

Mark Moseley

Coldwell Banker Realty Listed on: 07/15/2015

Co-Listed By

Cathy Moseley

Coldwell Banker Realty

Last Buyer's Agent

Barbara Neary

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,333

Year Built

  • Built in 1960

Lot Details

  • 5,663 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Stove
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank
  • Vinyl

Outdoor Features

  • Patio

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

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units
  • 20 Westside Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 043-121-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,333

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Monthly Income: 3500.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Building Stories: 1
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: cb
  • Co List Office Phone: 805-682-2477
  • Subdivision Name: 20 - Westside
  • Reso Flooring: Vinyl, Carpet, Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1960
  • Property Information Apx # Acres: 0.13
  • NeighborhoodSchools Elementary School: Harding
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 5663.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • General Property Information Stories2: 1.0
  • Parking Info Garages: Yes
  • Amenities Gas Stove2: Yes
  • Parking Info Attached6: Yes
  • Amenities Patio2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.13
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garages, Attached

Association/Amenities

  • Association Amenities:Cable TV: Yes

Schools

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

Lot Info

  • Parcel #: 043-121-026
  • Zoning: R-2
  • Lot Size Sq Ft: 5663.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 3500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Nov 6, 2015
Sold by
Fitch Jacqueline L
Bought by
Kronen David and Kronen Laura
Seller's Agent
Mark Moseley
Coldwell Banker Realty
Buyer's Agent
Barbara Neary
Berkshire Hathaway HomeServices California Properties
List Price
$939,000
Sold Price
$920,000
Premium/Discount to List
-$19,000
-2.02%
Current Estimated Value
$1,642,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,099
Avg. Annual Appreciation
5.84%
Original Mortgage
$650,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2010
Sold by
Filippin Betty
Bought by
Fitch Jacqueline L and James V Bys Trust Special Needs Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,199
Interest Rate
4.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2007
Sold by
Filippin Betty G
Bought by
Filippin Betty G
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
Kronen David $920,000 Fidelity National Title Co
Fitch Jacqueline L $117,000 None Available
Fitch Jacqueline L $351,000 None Available
Filippin Betty G -- None Available
Filippin Betty G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kronen David $650,000
Previous Owner Fitch Jacqueline L $178,199
Previous Owner Fitch Jacqueline L $178,199
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $920,000 -2.0% $558 / Sq Ft
07/26/2015 07/26/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $939,000 -- $569 / 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 $11,333 $1,089,086 $532,705 $556,381
2023 $11,333 $1,046,797 $512,020 $534,777
2022 $10,936 $1,026,273 $501,981 $524,292
2021 $10,684 $1,006,151 $492,139 $514,012
2020 $10,574 $995,835 $487,093 $508,742
2019 $10,390 $976,310 $477,543 $498,767
2018 $10,243 $957,168 $468,180 $488,988
2017 $9,904 $938,400 $459,000 $479,400
2016 $9,707 $920,000 $450,000 $470,000
2015 $1,024 $85,639 $28,257 $57,382
2014 $1,009 $83,962 $27,704 $56,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2396

Santa Barbara Multiple Listing Service

APN: 043-121-026