NOT LISTED FOR SALE

Estimated Value: $1,676,983 - $1,904,000

3 Beds
3 Baths
1,355 Sq Ft
$454/mo HOA Fee

Last Sold February 10, 2023

Last sale price $1,761,000 $1,300 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,569/month

19 Days on Market

Highlights

  • New Construction
  • Below Market Rate Unit
  • Gated Community
  • Crittenden Middle School Rated A-
  • Two Primary Bedrooms
  • Deck

About This Home

As of February 2023

The starting living space at 1,355 sf for 3Bed/3Bath in Montecito TownHomes of total 17 units with one BMR unit. Innovative & flexible multi-use floor plans ranging from 3 bedrooms to 5 bedrooms 1)3B/3B at 1,355 sf, 1,477 sf, 1,482 sf, & 1,507 sf 2)4B/3B at 1,757 sf, 3)5B/3B at 2,057 sf, 4)5B/5B at 2,135 sf. Convenient location, Secure gated community with camera monitoring system. Beautifully appointed kitchen includes quartz counter with peninsula dining bar, Generous custom cabinetry. Designer fixtures and Lighting. 2-Car assigned gated parking & Car charging stations, Private storage rooms. Elevator leads to lobby for secure package & mail delivery. Park-like common areas with colorful landscaping, Walking paths, Seating and Picnic tables. Charming front porches, Individual fenced patios and decks, lawn & garden in selected units. Quiet and clean Samsung Heating/Cooling systems. Energy-efficient Heat Pump Water Heaters & Low-E Glass windows/doors.

Last Agent to Sell the Property

Sue Houlin

Coldwell Banker Realty License #01875218 Listed on: 09/28/2022

Coldwell Banker Realty

Last Buyer's Agent

Hongbiao Wang

BQ Realty License #02078657

BQ Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2022 | New Construction

Lot Details

  • South Facing Home
  • Gated Home
  • Sprinklers on Timer
  • Back Yard

HOA Fees

  • $454 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,355 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family or Dining Combination
  • Storage Room
  • Laundry on upper level
  • Sump Pump

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Master Meter

Listing and Financial Details

  • Below Market Rate Unit
  • Assessor Parcel Number 150-020-030-(portion14)

Community Details

Overview

  • Association fees include common area electricity, fencing, landscaping / gardening, maintenance - common area, maintenance - exterior, reserves
  • 17 Units
  • Montecito Condo Townhomes Owners Asso. Association
  • Built by Montecito Condominium Townhomes
  • The community has rules related to parking rules

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$454 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Below Market Rate Unit, Parking Restrictions, Pets - Allowed, Pets - Number Restrictions
  • Estimated Completion Date: 12/01/2022
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 1
  • Min Numberof Unitsin Complex: 17
  • Range Price High Value: 2358000
  • Range Price Low Value: 1718000
  • Structure Sq Ft: 1355
  • Construction: Completed-Never Occupied, New Construction
  • Complex Name: Montecito Condominium Townhomes
  • Year Built: 2022
  • Zoning Description: R3-22
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area in Family Room, No Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Pantry, Refrigerator
  • Living Sq Ft: 1355
  • Stories: 2
  • Security: Secured Garage / Parking, Security Building
  • Bedrooms: More than One Primary Bedroom
  • Laundry: Upper Floor
  • Additional Rooms: Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower and Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Metal
  • Yard/Grounds: Back Yard, Deck, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Gate
  • Property Faces: South

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 12
  • Garage Parking Features: Assigned Spaces, Electric Car Hookup, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Parking Restrictions
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sump Pump

Condo/Co-op/Association

  • HOA Fees: 454
  • HOA Amenities: Additional Storage, Community Security Gate, Elevator
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Fencing, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Reserves
  • H O A Name Text: Montecito Condo Townhomes Owners Asso.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 265

Lot Info

  • Parcel Number: 150-020-030-(portion14)

Multi Family

  • Utilities: Individual Electric Meters, Master Meter
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Corner Unit

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Theuerkauf Elementary
  • High School Text: Los Altos High
  • Middle School Text: Crittenden Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Feb 3, 2023
Sold by
Montecito Realty Group Lp
Bought by
Chen Daguan and Chen Gang
Seller's Agent
Sue Houlin
Coldwell Banker Realty
Buyer's Agent
Hongbiao Wang
BQ Realty
List Price
$1,718,000
Sold Price
$1,761,000
Premium/Discount to List
$43,000
2.5%
Views
22
Current Estimated Value
$1,778,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,246
Avg. Annual Appreciation
0.34%
Original Mortgage
$1,161,000
Outstanding Balance
$1,125,160
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$653,086
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chen Daguan $1,761,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Daguan $1,161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $1,761,000 +2.5% $1,300 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $1,718,000 -- $1,268 / Sq Ft
Source: MLSListings

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 $21,570 $1,832,144 $916,072 $916,072
2024 $21,570 $1,796,220 $898,110 $898,110
2023 $21,570 $963,118 $240,919 $722,199
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81908813

MLSListings

APN: 150-65-014