NOT LISTED FOR SALE

2201 Banner Ave Unit A & B Summerland, CA

Estimated Value: $1,710,000 - $2,338,920

4 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold May 19, 2017

Last sale price $1,115,000

Est. 84% increase in value since last sale

Current estimated payment $12,824/month

Highlights

  • Property is near an ocean
  • Forced Air Heating System
  • 5-minute walk to Lookout Park
  • Property is near shops
  • 6 Car Garage

About This Home

As of May 2017

For statistical purposes. Dramatic and Private Summerland Duplex located at the end of the road. Very quiet location facing mustard hillsides. Separate entrances via different streets, lots of parking including a 2 car garage with separate storage for each unit. Each unit is 2 bdrm 1 bath plus an office with tree top views, decks, huge patio on top unit and very separate! Upper unit has 4 extra parking at top of Pierpont

Last Agent to Sell the Property

Karen Spechler

Berkshire Hathaway HomeServices California Properties License #00552664 Listed on: 05/19/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Morton B Maizlish

Maizlish Realtors Inc. License #00554365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,803

Year Built

  • Built in 1989

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 151 x 66
  • Property is in good condition

Parking

  • 6 Car Garage
  • Open Parking

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Additional Features

  • 2-Story Property
  • Property is near an ocean
  • Property is near shops
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 005-171-013

Community Details

Overview

  • 2 Units
  • 05 Summerland Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,803

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1989
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 6.0
  • Building Stories: 2
  • Subdivision Name: 05 - Summerland
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1989
  • Property Information Apx # Acres: 0.22
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Proximity Near Ocean2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 9583.0
  • Condition Good2: Yes
  • Property Information Apx Lot Size FxD: 151 x 66
  • Pets Yes: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • HeatingCooling GFA: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.22
  • Foundation Details: Mixed

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Garages, Unc #4
  • Total Parking Spaces: 6.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-171-013
  • Zoning: R-2
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
May 11, 2017
Sold by
Karpain Gregory
Bought by
Schwartz Patricia R
Seller's Agent
Karen Spechler
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Morton B Maizlish
Maizlish Realtors Inc.
List Price
$1,150,000
Sold Price
$1,115,000
Premium/Discount to List
-$35,000
-3.04%
Total Days on Market
0
Current Estimated Value
$2,049,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,980
Avg. Annual Appreciation
8.66%
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Karpain Gregory
Bought by
The Gregory Karpain Living Trust

Purchase Details

Closed on
Feb 22, 2002
Sold by
Mcgeoy Mary E
Bought by
Karpain Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2000
Sold by
Gibbs Stephen Richard
Bought by
Gibbs Pamela Cary and Cary Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
8.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2000
Sold by
Jenny Lindblom
Bought by
Mcgeoy Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
8.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2000
Sold by
Jenny Lindblom
Bought by
Devries Dwayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
8.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1998
Sold by
Sariemento Carlo R
Bought by
Lindblom Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Schwartz Patricia R $1,115,000 First American Title Company
The Gregory Karpain Living Trust -- --
Karpain Gregory $875,000 Chicago Title Co
Gibbs Pamela Cary -- Chicago Title Co
Mcgeoy Mary E -- Chicago Title Co
Devries Dwayne -- Chicago Title Co
Lindblom Jenny $422,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Patricia R $379,500
Closed Schwartz Patricia R $400,000
Previous Owner The Gregory Karpain Living Trust $250,000
Previous Owner Karpain Gregory $700,000
Previous Owner Karpain Gregory $650,000
Previous Owner Mcgeoy Mary E $566,250
Previous Owner Devries Dwayne $436,000
Previous Owner Lindblom Jenny $100,000
Previous Owner Lindblom Jenny $40,000
Previous Owner Lindblom Jenny $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $1,115,000 -3.0% --
05/19/2017 05/19/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $1,150,000 -- --
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
2023 $15,803 $1,243,799 $669,309 $574,490
2022 $15,350 $1,219,412 $656,186 $563,226
2021 $14,995 $1,195,503 $643,320 $552,183
2020 $14,790 $1,183,246 $636,724 $546,522
2019 $14,467 $1,160,046 $624,240 $535,806
2018 $14,198 $1,137,300 $612,000 $525,300
2017 $13,905 $1,113,772 $700,087 $413,685
2016 $13,641 $1,091,934 $686,360 $405,574
2014 $12,709 $1,054,466 $662,809 $391,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1666

Santa Barbara Multiple Listing Service

APN: 005-171-013