NOT LISTED FOR SALE

228 E Figueroa St Santa Barbara, CA 93101

Laguna Neighborhood

Estimated Value: $1,511,000 - $3,242,538

Studio
-- Bath
-- Sq Ft
7,841 Sq Ft Lot Lot

Sale Details

Date Sold: April 11, 2024

Last sale price $1,800,000

Est. 16% increase in value since last sale

Current estimated payment $11,413 / mo

6 Days on Market

About This Home

As of April 2024

Welcome to 228 E Figueroa St, a rare gem in Santa Barbara's real estate landscape. This historical Craftsman-style fourplex, designated as a structure of merit, IN R-O zoning is making its debut on the market for the first time. The front unit features a cozy 2-bedroom, 1-bath layout, while the remaining three units each consist of comfortable 1-bedroom, 1-bath spaces. Located just minutes away from downtown, the vibrant Funk Zone, and all the amenities that Santa Barbara has to offer, this property presents an unparalleled opportunity to own a piece of history and embrace the charm of this sought-after neighborhood.

Last Agent to Sell the Property

Hitchcock & Associates

Compass License #01932289 Listed on: 02/27/2024

Compass

Last Buyer's Agent

Christos Celmayster

Hayes Commercial Group License #01342996

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,841

Parking

  • Detached Garage
  • On-Street Parking
  • Open Parking

Schools

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

Additional Features

  • 7,841 Sq Ft Lot
  • Stove
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 029-212-007

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Monthly Income: 4000.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: No
  • Meters Sep Meter Wtr: N
  • ResoLaundryFeatures: None
  • Garage Yn: Yes
  • Property Information Apx # Acres: 0.18
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Pets Yes: Yes
  • Amenities Gas Stove2: Yes
  • Parking Info Detached3: Yes
  • Parking Info Gar #43: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.18

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Street, Gar #4, Unc #2, Detached

Schools

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

Lot Info

  • Parcel #: 029-212-007
  • Zoning: RO
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 4000.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 25, 2024
Sold by
Bought by
Seller's Agent
Hitchcock & Associates
Compass
Buyer's Agent
Christos Celmayster
Hayes Commercial Group
List Price
$1,744,400
Sold Price
$1,800,000
Premium/Discount to List
$55,600
3.19%
Views
29
Current Estimated Value
$2,095,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,885
Avg. Annual Appreciation
7.34%
Original Mortgage
$1,100,000
Outstanding Balance
$1,082,744
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$1,013,141
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,800,000 Wfg National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/11/2024 04/11/24 Sold $1,800,000 +3.2% --
03/05/2024 03/05/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $1,744,400 -- --
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,237 $1,836,000 $1,071,000 $765,000
2023 $1,237 $110,227 $50,166 $60,061
2022 $1,193 $108,067 $49,183 $58,884
2021 $1,163 $105,949 $48,219 $57,730
2020 $1,151 $104,864 $47,725 $57,139
2019 $1,131 $102,809 $46,790 $56,019
2018 $1,114 $100,794 $45,873 $54,921
2017 $1,077 $98,819 $44,974 $53,845
2016 $1,139 $96,883 $44,093 $52,790
2014 $1,110 $93,561 $42,581 $50,980
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Hitchcock & Associates

    Compass

    (805) 351-2101

    2 in this area

    229 Total Sales

    Hitchcock & Associates
    Section Image
  • Christos Celmayster

    Buyer's Agent in 2024

    Christos Celmayster

    Hayes Commercial Group

    (805) 563-2111

    5 in this area

    78 Total Sales

    Christos Celmayster
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-599

Santa Barbara Multiple Listing Service

APN: 029-212-007

California Santa Barbara County Santa Barbara 93101 Laguna

228 E Figueroa St, Santa Barbara, CA

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