NOT LISTED FOR SALE

Estimated Value: $1,634,000 - $2,514,277

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold December 12, 2012

Last sale price $1,075,000

Est. 103% increase in value since last sale

Current estimated payment $13,024/month

85 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Property is in excellent condition
  • Santa Barbara Senior High School Rated A-
  • Garage
  • 1-Story Property

About This Home

As of December 2012

Great investment property located near cottage hospital. The property consists of four light and bright one bedroom, one bath units, each with their own garage.

Last Agent to Sell the Property

Calcagno & Hamilton

Sotheby's International Realty Listed on: 09/05/2012

Last Buyer's Agent

Bruce Fisher

Berkshire Hathaway HomeServices California Properties License #00879404

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,764

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Laundry Room

Location

  • Property is near a park
  • Property near a hospital
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 4 Units
  • 15 Or 20 Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025-061-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,764

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1954
  • Monthly Income: 5400.0
  • Building Stories: 1
  • ResoLaundryFeatures: Laundry Room
  • Subdivision Name: 15 or 20 - Downtown
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1954
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 1.0
  • Assessor's Data Assessor Lot Acres: 0.14
  • Parking Info Gar #43: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.14
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Gar #4

Schools

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

Lot Info

  • Parcel #: 025-061-008
  • Zoning: Other
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 5400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2012
Closed on
Nov 26, 2012
Sold by
Turbeville Celeste
Bought by
Frank Jeff
Seller's Agent
Calcagno & Hamilton
Sotheby's International Realty
Buyer's Agent
Bruce Fisher
Berkshire Hathaway HomeServices California Properties
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Current Estimated Value
$2,179,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,104,860
Avg. Annual Appreciation
5.58%
Original Mortgage
$752,500
Outstanding Balance
$522,235
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$1,617,334

Purchase Details

Closed on
Jan 31, 2012
Sold by
Turbeville Celeste and Scheinberg Celeste
Bought by
Turbeville Celeste

Purchase Details

Closed on
Nov 23, 2010
Sold by
Southern California Conference Of Sevent
Bought by
Scheinberg Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
4.18%
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
Frank Jeff $1,075,000 Chicago Title Company
Turbeville Celeste -- None Available
Scheinberg Celeste $975,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Jeff $752,500
Previous Owner Scheinberg Celeste $731,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2012 12/12/12 Sold $1,075,000 0.0% --
12/12/2012 12/12/12 Sold $1,075,000 -2.3% --
11/29/2012 11/29/12 Pending -- -- --
11/29/2012 11/29/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $1,100,000 0.0% --
09/05/2012 09/05/12 For Sale $1,100,000 -- --
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 $13,764 $1,323,772 $677,278 $646,494
2023 $13,764 $1,272,371 $650,980 $621,391
2022 $13,282 $1,247,423 $638,216 $609,207
2021 $12,977 $1,222,964 $625,702 $597,262
2020 $12,843 $1,210,425 $619,287 $591,138
2019 $12,620 $1,186,693 $607,145 $579,548
2018 $12,441 $1,163,426 $595,241 $568,185
2017 $12,030 $1,140,615 $583,570 $557,045
2016 $11,770 $1,118,251 $572,128 $546,123
2014 $11,451 $1,079,880 $552,497 $527,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2830

Santa Barbara Multiple Listing Service

APN: 025-061-008