NOT LISTED FOR SALE

225 State St Santa Barbara, CA 93101

East Beach Neighborhood

Estimated Value: $5,134,956

Studio
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

About This Home

This home is located at 225 State St, Santa Barbara, CA 93101 and is currently estimated at $5,134,956. 225 State St is a home located in Santa Barbara County with nearby schools including McKinley Elementary School, La Cumbre Junior High School, and Providence School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
City Of Santa Barbara
Bought by
Hangar 225 Llc
Current Estimated Value
$5,134,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,482,528
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,652,428

Purchase Details

Closed on
Jan 9, 2021
Sold by
Hangar 225 Llc
Bought by
Kirshner/Leonard Real Estate I Llc and Michel & Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,482,528
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,652,428

Purchase Details

Closed on
Aug 5, 2020
Sold by
Fish Co Building Group Llc
Bought by
Hangar 225 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 1997
Sold by
S B Beach Properties L P
Bought by
Fish Co Building Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hangar 225 Llc -- Fidelity National Title
Kirshner/Leonard Real Estate I Llc $3,680,000 Fidelity National Title
Hangar 225 Llc $3,500,000 Fidelity National Title Co
Fish Co Building Group Llc $850,000 Chicago Title Co
S B Beach Properties Lp -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirshner/Leonard Real Estate I Llc $2,800,000
Previous Owner Hangar 225 Llc $2,000,000
Previous Owner Fish Co Building Group Llc $425,000
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 $50,240 $4,840,484 $2,056,620 $2,783,864
2023 $50,240 $4,652,524 $1,976,760 $2,675,764
2022 $34,028 $3,199,240 $1,938,000 $1,261,240
2021 $37,092 $3,500,000 $1,900,000 $1,600,000
2020 $13,461 $1,265,841 $282,946 $982,895
2019 $13,226 $1,241,022 $277,399 $963,623
2018 $13,039 $1,216,689 $271,960 $944,729
2017 $12,608 $1,192,833 $266,628 $926,205
2016 $12,331 $1,169,445 $261,400 $908,045
2014 $11,996 $1,129,317 $252,431 $876,886
Source: Public Records

Map

California Santa Barbara County Santa Barbara 93101 East Beach

225 State St, Santa Barbara, CA

Not Listed for Sale

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