2131 Modoc Rd Santa Barbara, CA 93101
Westside Neighborhood
--
Bed
--
Bath
1,135
Sq Ft
8,276
Sq Ft Lot
Highlights
- Spa
- Property is near an ocean
- Wood Flooring
- San Marcos Senior High School Rated A
- Property is near a park
- 4-minute walk to Pilgrim Terrace Park
About This Home
As of August 2024This versatile and extensively renovated multi-family property features a 3-bed, 2-bathroom modern cottage with an expansive, permitted 2-bedroom ADU in the backyard. The grounds create a tropical oasis with a sparkling pool, surrounded by low-maintenance synthetic grass, lush tropical plants, palm trees, & enticing outdoor amenities like a firepit, outdoor kitchen, & built-in entertaining deck. Positioned perfectly between downtown Santa Barbara & the beach this property captures premium rents as your tenants enjoy easy access to SBCC, parks, Cottage Hospital, top-notch shopping & dining, & a new paved bike path leading straight to Hendry's Beach. Established, easy-to-work-with tenant pays $120k/year. Don't miss this opportunity for a turnkey investment opportunity in a premium location!
Last Agent to Sell the Property
Zia Group
eXp Realty of California, Inc. License #01710544 Listed on: 07/09/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,897
Year Built
- Built in 1948
Lot Details
- 8,276 Sq Ft Lot
- Back Yard Fenced
- Property is in excellent condition
Interior Spaces
- 1,135 Sq Ft Home
- Ceiling Fan
- Fireplace
- Attic Fan
- Fire and Smoke Detector
- Laundry in unit
Kitchen
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
- Vinyl Plank
Parking
- 4 Car Garage
- Converted Garage
- 4 Open Parking Spaces
Outdoor Features
- Spa
- Property is near an ocean
- Patio
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
- Harding Elementary School
- Lacumbre Middle School
- S.B. Sr. High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 043-042-017
Community Details
Overview
- 2 Units
- 15 Or 20 Downtown Subdivision
Recreation
- Community Pool
Building Details
- Gross Income $120,000
- Net Operating Income $78,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2025
Sold by
Brombal Paul A
Bought by
Paul A Brombal Trust and Brombal
Total Days on Market
7
Current Estimated Value
Purchase Details
Listed on
Jul 9, 2024
Closed on
Jul 24, 2024
Sold by
Seekers Real Estate Llc
Bought by
Brombal Paul A
Seller's Agent
Zia Group
eXp Realty of California, Inc.
Buyer's Agent
nico pollero
Alemann and Associates
List Price
$1,995,000
Sold Price
$1,985,000
Premium/Discount to List
-$10,000
-0.5%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.33%
Purchase Details
Closed on
Nov 2, 2021
Sold by
Tracy Max and Tracy Courtney
Bought by
Seekers Real Estate Llc
Purchase Details
Listed on
Feb 5, 2019
Closed on
May 15, 2019
Sold by
Liv Maccabee Mendy and Liv Mendy S Maccabee Revocable
Bought by
Courtney Tracy Max and Courtney Tracy
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Grubb Campbell Group
Village Properties
List Price
$1,449,000
Sold Price
$1,285,000
Premium/Discount to List
-$164,000
-11.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$1,156,500
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 12, 2017
Sold by
Maccabee Mendy S and The Mendy S Maccabee Revocable
Bought by
Maccabee Mendy S and The Mendy S Maccabee Revocable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,750
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Dec 20, 2016
Closed on
Apr 21, 2017
Sold by
Yturralde Yolanda and Yturralde Kelly D
Bought by
Maccabee Mendy S
Seller's Agent
Timothy Dahl
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
List Price
$1,100,000
Sold Price
$919,000
Premium/Discount to List
-$181,000
-16.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$689,250
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 24, 2014
Sold by
Yturralde Yolanda
Bought by
Yturralde Yolanda and Yturralde Kelly Das
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2006
Sold by
Yturralde Yolanda M and Lopez Yolanda M K
Bought by
Yturralde Yolanda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 24, 2003
Sold by
Yturralde Kelly Das
Bought by
Lopez Yolanda M K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 19, 2003
Sold by
Lopez D Antonio
Bought by
Lopez Yolanda M K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2002
Sold by
Lopez Yolanda M K and Antonio Lopez D
Bought by
Lopez Yolanda M K and Antonio Lopez D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.5%
Purchase Details
Closed on
Jan 4, 2002
Sold by
Abate Mark
Bought by
Lopez Yolanda M K and Antonio Lopez D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.75%
Similar Homes in Santa Barbara, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,985,000 | Chicago Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,285,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $919,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $600,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $510,000 | New Conventional | |
| Previous Owner | $1,143,750 | New Conventional | |
| Previous Owner | $1,156,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $172,750 | Credit Line Revolving | |
| Previous Owner | $689,250 | New Conventional | |
| Previous Owner | $587,000 | New Conventional | |
| Previous Owner | $583,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $125,000 | Credit Line Revolving | |
| Previous Owner | $480,000 | Purchase Money Mortgage | |
| Previous Owner | $480,000 | No Value Available | |
| Previous Owner | $480,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2024 08/05/24 | Sold | $1,985,000 | 0.0% | $1,749 / Sq Ft |
| 08/05/2024 08/05/24 | Sold | $1,985,000 | -0.5% | $1,749 / Sq Ft |
| 07/17/2024 07/17/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | Pending | -- | -- | -- |
| 07/09/2024 07/09/24 | For Sale | $1,995,000 | 0.0% | $1,758 / Sq Ft |
| 07/08/2024 07/08/24 | For Sale | $1,995,000 | +55.3% | $1,758 / Sq Ft |
| 05/24/2019 05/24/19 | Sold | $1,285,000 | 0.0% | $1,132 / Sq Ft |
| 05/24/2019 05/24/19 | Sold | $1,285,000 | -11.3% | $1,132 / Sq Ft |
| 04/16/2019 04/16/19 | Pending | -- | -- | -- |
| 04/16/2019 04/16/19 | Pending | -- | -- | -- |
| 02/04/2019 02/04/19 | For Sale | $1,449,000 | 0.0% | $1,277 / Sq Ft |
| 12/17/2018 12/17/18 | For Sale | $1,449,000 | +57.7% | $1,277 / Sq Ft |
| 05/10/2017 05/10/17 | Sold | $919,000 | -16.5% | $810 / Sq Ft |
| 04/17/2017 04/17/17 | Pending | -- | -- | -- |
| 12/20/2016 12/20/16 | For Sale | $1,100,000 | -- | $969 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $14,897 | $1,377,777 | $643,320 | $734,457 |
| 2022 | $14,376 | $1,350,762 | $630,706 | $720,056 |
| 2021 | $14,046 | $1,324,278 | $618,340 | $705,938 |
| 2020 | $13,901 | $1,310,700 | $612,000 | $698,700 |
| 2019 | $10,531 | $996,927 | $561,816 | $435,111 |
| 2018 | $10,381 | $977,380 | $550,800 | $426,580 |
| 2017 | $8,065 | $763,725 | $477,331 | $286,394 |
| 2016 | $7,849 | $748,751 | $467,972 | $280,779 |
| 2014 | $7,634 | $723,059 | $451,914 | $271,145 |
Source: Public Records
Agents Affiliated with this Home
-
Z
Seller's Agent in 2024
Zia Group
eXp Realty of California, Inc.
-
nico pollero
n
Buyer's Agent in 2024
nico pollero
Alemann and Associates
3 in this area
32 Total Sales
-
Jim Scarborough
Seller's Agent in 2019
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
(805) 331-1465
2 in this area
84 Total Sales
-
G
Buyer's Agent in 2019
Grubb Campbell Group
Village Properties
-
T
Seller's Agent in 2017
Timothy Dahl
Berkshire Hathaway HomeServices California Properties
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2237
APN: 043-042-017
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