NOT LISTED FOR SALE

226 N K St Lompoc, CA 93436

West Lompoc Neighborhood

Estimated Value: $617,512 - $782,000

6 Beds
-- Bath
2,025 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $520,000 $257 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,211/month

12 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • 1-Story Property

About This Home

As of June 2021

Triplex investment opportunity in Lompoc! The property is near Old Town Lompoc, with local parks, schools, and shopping. Each unit offers a spacious 2 bedroom, 1bath with a private backyard. All units are being rented for $995.00 a month for a total gross rent of $2,985. Two of the units were remodeled in 2013, with the third needing cosmetic upgrades. The roof was replaced in 2014, along with new paint and new plumbing. All units include a designated single carport with ample street parking. The property is in good shape and a fantastic long-term investment! Seller to review offers Fri 4/30 5pm

Last Agent to Sell the Property

Aaron L Gilles

Village Properties - 1 License #01509445 Listed on: 04/23/2021

Co-Listed By

Thomas Minehan

Village Properties - 1 License #02092986

Last Buyer's Agent

Aaron L Gilles

Village Properties - 1 License #01509445 Listed on: 04/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 1958

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Property is in average condition

Home Design

  • Raised Foundation

Interior Spaces

  • 1-Story Property
  • Stove

Flooring

  • Wood
  • Carpet

Parking

  • 4 Parking Spaces
  • Carport

Location

  • Property is near a park
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Community Details

  • 3 Units
  • Lompoc Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 091-062-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,139

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1958
  • Monthly Income: 2985.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 4.0
  • Building Stories: 1
  • ResoLaundryFeatures: None
  • Co List Office Mls Id: vip01
  • Co List Office Phone: 805-681-8800
  • Subdivision Name: Lompoc
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Hardwood
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1958
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Parking Info Cpt #35: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Apx Lot SqFt: 6970.0
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 1.0
  • Condition Fair2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Fncd Back: Yes
  • Foundation Raised2: Yes
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.16
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Cpt #3
  • Total Parking Spaces: 4.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 091-062-015
  • Zoning: Other
  • Lot Size Sq Ft: 6970.0

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 2985.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Gallegos Adalberto and Gallegos Amalia
Bought by
Adalberto And Amalia Gallegos Revocable Trust and Gallegos
Current Estimated Value
$678,878

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 28, 2021
Sold by
Paladino Andrew and Paladino Christine
Bought by
Gallegos Adalberto and Gallegos Amalia
Seller's Agent
Aaron L Gilles
Village Properties - 1
Buyer's Agent
Aaron L Gilles
Village Properties - 1
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$390,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2014
Sold by
Sunset Diversified Property Investments
Bought by
Paladino Andrew and Paladino Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,425
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2013
Sold by
Velazquez Joel
Bought by
Sunset Diversified Property Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
3.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 2, 2013
Sold by
Velasquez Evangelina F
Bought by
Velasquez Joel

Purchase Details

Closed on
Oct 21, 2004
Sold by
Velazquez Joel
Bought by
Velazquez Joel and Velazquez Evangelina F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 27, 2002
Sold by
Chavez Manuel G and Velasquez Evangelina F
Bought by
Velasquez Evangelina F and Velazquez Joel

Purchase Details

Closed on
Sep 25, 1995
Sold by
Ivory David
Bought by
Ivory David

Purchase Details

Closed on
Apr 27, 1995
Sold by
Ivory Virginia
Bought by
Ivory David J
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
Adalberto And Amalia Gallegos Revocable Trust -- None Listed On Document
Gallegos Adalberto $520,000 Chicago Title Company
Paladino Andrew $282,000 Lawyers Title Vn
Sunset Diversified Property Investments $193,125 None Available
Velasquez Joel -- None Available
Velazquez Joel -- Stewart Title Of Ca Inc
Velazquez Joel -- Stewart Title Of Ca Inc
Velasquez Evangelina F -- --
Ivory David -- --
Ivory David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallegos Adalberto $390,000
Previous Owner Paladino Andrew $210,000
Previous Owner Paladino Andrew $211,425
Previous Owner Sunset Diversified Property Investments $7,000,000
Previous Owner Velazquez Joel $281,250
Previous Owner Velasquez Evangelina F $276,250
Previous Owner Ivory David J $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $520,000 +4.2% $257 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $499,000 -- $246 / Sq Ft
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 $6,139 $562,864 $140,716 $422,148
2023 $6,139 $541,008 $135,252 $405,756
2022 $6,033 $530,400 $132,600 $397,800
2021 $3,771 $319,248 $84,935 $234,313
2020 $3,731 $315,976 $84,065 $231,911
2019 $3,669 $309,781 $82,417 $227,364
2018 $3,613 $303,707 $80,801 $222,906
2017 $3,547 $297,753 $79,217 $218,536
2016 $3,483 $291,915 $77,664 $214,251
2015 $3,457 $287,531 $76,498 $211,033
2014 -- $291,315 $70,317 $220,998
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Aaron L Gilles

    Village Properties - 1

    (805) 681-8800

    1 in this area

    65 Total Sales

    Aaron L Gilles
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Thomas Minehan

    Village Properties - 1

    (805) 969-8900

    1 in this area

    35 Total Sales

    Thomas Minehan
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    James Sanchez

    Village Properties - 1

    (805) 969-8900

    1 in this area

    16 Total Sales

    James Sanchez
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1466

Santa Barbara Multiple Listing Service

APN: 091-062-015

California Santa Barbara County Lompoc 93436 West Lompoc

226 N K St, Lompoc, CA

This home is located at 226 N K St, Lompoc, CA 93436 since 23 April 2021 and is currently estimated at $678,878, approximately $335 per square foot. This property was built in 1958. 226 N K St is a home located in Santa Barbara County with nearby schools including Arthur Hapgood Elementary School, Lompoc Valley Middle School, and Lompoc High School.

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