NOT LISTED FOR SALE

Estimated Value: $1,202,574

3 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold February 20, 2014

Last sale price $857,000

Est. 40% increase in value since last sale

Current estimated payment $6,565/month

61 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • Detached Garage
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Fenced

About This Home

As of February 2014

Unique Opportunity! Extra Large R4 lot (over a 1/4± acre)~ Tons of Potential! Charming early 1900's California Craftsman that is full of authentic period details including elegant wainscoting, remarkable ceiling molding, coved ceilings, lots of built-ins & classic architectural details. A large covered back porch & nicely set back from the street.

Last Agent to Sell the Property

Natalie Grubb

Village Properties License #01236143 Listed on: 11/27/2013

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $298

Year Built

  • Built in 1907

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Property is in good condition

Parking

  • Detached Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Outdoor Features

  • Property is near an ocean

Location

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

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 025-232-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$298

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1907
  • Building Stories: 1
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1907
  • Property Information Apx # Acres: 0.28
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 12197.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Amenities Fncd All: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 1.0
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • Parking Info Detached3: Yes
  • Condition Average2: Yes
  • Foundation Raised2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.28
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Garages, Gar #2, Detached

Schools

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

Lot Info

  • Parcel #: 025-232-004
  • Zoning: R-4
  • Lot Size Sq Ft: 12197.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2013
Closed on
Feb 13, 2014
Sold by
The Orfalea Fund
Bought by
Storyteller Childrenss Center Inc
Seller's Agent
Natalie Grubb
Village Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$895,000
Sold Price
$857,000
Premium/Discount to List
-$38,000
-4.25%
Current Estimated Value
$1,202,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,574
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
Feb 16, 2007
Sold by
Hart Gregg Allan and Hart Gail B
Bought by
The Orfalea Fund

Purchase Details

Closed on
Mar 29, 2002
Sold by
Hart Gregg Allan and Hart Gail B
Bought by
Hart Gregg Allan and Hart Gail B

Purchase Details

Closed on
Oct 21, 1993
Sold by
Gary Patricia and Gary Patricia Mary
Bought by
Hart Gregg A and Hart Gail B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.95%
Mortgage Type
Commercial
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
Storyteller Childrenss Center Inc $857,000 First American Title Company
The Orfalea Fund -- First American Title Company
Hart Gregg Allan -- --
Hart Gregg A $290,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart Gregg A $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2014 02/20/14 Sold $857,000 0.0% $633 / Sq Ft
02/20/2014 02/20/14 Sold $857,000 -4.2% --
01/27/2014 01/27/14 Pending -- -- --
01/27/2014 01/27/14 Pending -- -- --
11/27/2013 11/27/13 For Sale $895,000 0.0% $661 / Sq Ft
11/27/2013 11/27/13 For Sale $895,000 -- --
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 $298 $1,497,176 $1,103,272 $393,904
2023 $298 $1,702,017 $1,060,432 $641,585
2022 $44 $1,402,135 $1,039,640 $362,495
2021 $41 $1,375,435 $1,019,255 $356,180
2020 $40 $1,363,551 $1,008,804 $354,747
2019 $39 $1,339,278 $989,024 $350,254
2018 $38 $1,315,402 $969,632 $345,770
2017 $37 $1,278,403 $950,620 $327,783
2016 $36 $1,255,961 $931,981 $323,980
2014 $35 $1,714,407 $1,392,958 $321,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3683

Santa Barbara Multiple Listing Service

APN: 025-232-004