NOT LISTED FOR SALE

Estimated Value: $1,584,000 - $2,396,813

3 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold August 14, 2018

Last sale price $1,225,000

Est. 64% increase in value since last sale

Current estimated payment $12,285/month

3 Days on Market

Highlights

  • Property is near an ocean
  • Property is near public transit
  • Carpet
  • Santa Barbara Senior High School Rated A-
  • Laundry Room

About This Home

As of August 2018

Very nice opportunity to buy this 3 unit residential property in Santa Barbara. Unit A is a 3 bed 2 bath, Unit B is a 2 bed 1 bath and Unit C is a 3 bedroom 2 bath. There are 4 covered parking spots and 2 uncovered spaces. Good location close to shopping and schools.

Last Agent to Sell the Property

David Darga

South Coast Realty License #01097500 Listed on: 06/08/2018

Co-Listed By

Karen Darga

South Coast Realty License #01365360

Last Buyer's Agent

David Darga

Coastal Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,479

Year Built

  • Built in 1925

Lot Details

  • 7,405

Parking

  • Carport

Flooring

  • Carpet
  • Vinyl

Location

  • Property is near public transit
  • Property is near schools
  • Property is near a bus stop

Schools

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

Additional Features

  • Laundry Room
  • Property is near an ocean
  • Property is in good condition
  • Individual Gas Meter

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 017-233-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,479

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1925
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: scr
  • Co List Office Phone: 805-964-4276
  • Carport Y N: Yes
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1925
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Parking Info Cpt #43: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Cpt #4

Schools

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

Lot Info

  • Parcel #: 017-233-004
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2024
Sold by
Hyman Gail L
Bought by
Gail Hyman Family Revocable Trust and Hyman
Current Estimated Value
$2,006,703

Purchase Details

Closed on
Feb 13, 2024
Sold by
Hyman Earle J
Bought by
Earle J Hyman Revocable 2023 Trust and Hyman

Purchase Details

Closed on
Jan 22, 2024
Sold by
Earle Hyman and Earle Gail Hyman
Bought by
Hyman Earle J and Hyman Gail L

Purchase Details

Closed on
Jun 11, 2019
Sold by
Springer Steven and Survivors Trust
Bought by
Hyman Earle J and Hyman Gail L

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 3, 2018
Sold by
Pastel Arthur M and The Woods 1992 Trust
Bought by
Goeth Carey and The Woods Pastel Lifetime Irre
Seller's Agent
David Darga
South Coast Realty
Buyer's Agent
David Darga
Coastal Properties
List Price
$1,375,000
Sold Price
$1,225,000
Premium/Discount to List
-$150,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$723,975
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 2, 2018
Sold by
Goeth Carey and The Woods Pastel Lifetime Irre
Bought by
Springer Steven and The 2006 Springer Family Trust
Seller's Agent
David Darga
South Coast Realty
Buyer's Agent
David Darga
Coastal Properties
List Price
$1,375,000
Sold Price
$1,225,000
Premium/Discount to List
-$150,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,975
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gail Hyman Family Revocable Trust -- None Listed On Document
Earle J Hyman Revocable 2023 Trust -- None Listed On Document
Hyman Earle J -- None Listed On Document
Hyman Earle J $1,450,000 Wfg National Title Co Of Ca
Springer Steve -- Wfg National Title Co Of Ca
Wilson Kenneth -- Wfg Natl Ttl Co Of Californa
Goeth Carey -- First American Title Co
Springer Steven $1,207,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goeth Carey $723,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $1,225,000 -10.9% --
06/11/2018 06/11/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $1,375,000 -- --
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 $16,479 $1,585,782 $601,503 $984,279
2023 $16,479 $1,524,206 $578,147 $946,059
2022 $15,902 $1,494,320 $566,811 $927,509
2021 $15,537 $1,465,021 $555,698 $909,323
2020 $15,377 $1,450,000 $550,000 $900,000
2019 $13,026 $1,225,000 $400,000 $825,000
2018 $5,175 $481,794 $218,996 $262,798
2017 $5,005 $472,348 $214,702 $257,646
2016 $4,951 $463,088 $210,493 $252,595
2014 $4,818 $447,199 $203,271 $243,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2103

Santa Barbara Multiple Listing Service

APN: 017-233-004