NOT LISTED FOR SALE

Estimated Value: $2,314,000 - $3,433,379

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

Sale Details

Date Sold: July 30, 2014

Last sale price $1,775,000

Est. 64% increase in value since last sale

Current estimated payment $17,253 / mo

82 Days on Market

Highlights

  • Deck
  • Property is near park, public transit, schools, shops, and bus stop
  • 3 Car Attached Garage
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • 3-minute walk to Alice Keck Park Memorial Gardens

About This Home

As of July 2014

Beautifully redone Craftsman home and separate duplex in the Upper East directly across from Alameda Park. Currently used as 4 units. House was built by Crocker family in 1904. Second building (duplex) & 3 car garage added in 1954. Very charming homes with wood floors, moldings, and high ceilings. Many upgrades include: plumbing, roof, and electrical. All units currently rented.

Last Agent to Sell the Property

Randy Glick

Berkshire Hathaway HomeServices California Properties License #00950129 Listed on: 04/01/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 112x59
  • Partial Sprinkler System
  • Property is in excellent condition

Parking

  • 3 Car Attached Garage

Home Design

  • Raised Foundation

Interior Spaces

  • Window Treatments
  • Stove

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Individual Gas Meter

Additional Features

  • Deck
  • Property is near park, public transit, schools, shops, and bus stop

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $85,800

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 029-072-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1904
  • Income Expenses Annual Income: 85800.0
  • Monthly Expense: 941.0
  • Monthly Income: 7150.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: Y
  • Miscellaneous Parking Spaces: 3.0
  • ResoLaundryFeatures: Bldg
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Vinyl, Hardwood, Wnd/Cv Prt
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1904
  • Property Information Apx # Acres: 0.15
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Condition Excellent: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6534.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Property Information Apx Lot Size FxD: 112x59
  • Parking Info Garages: Yes
  • Amenities Deck2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Attached6: Yes
  • Foundation Raised2: Yes
  • Parking Info Gar #35: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Laundry Bldg: Yes
  • Amenities Yd Spkl Prt: Yes
  • FlrWdw Coverings WndCv Prt: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.15
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Garages, Gar #3, Attached
  • Total Parking Spaces: 3.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 029-072-004
  • Zoning: R-3
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Rental Info

  • Owner Pays: Other, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 85800.0
  • Total Actual Rent: 7150.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jul 14, 2014
Sold by
Sola Garden Holdings Llc
Bought by
Ghaemmaghami Family Limited Partnership
Seller's Agent
Randy Glick
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member
Non Member Office
List Price
$1,995,000
Sold Price
$1,775,000
Premium/Discount to List
-$220,000
-11.03%
Current Estimated Value
$2,906,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,131,095
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Engles Steven B and Engles Susan R
Bought by
Sola Garden Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$931,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 22, 2005
Sold by
Sola Garden Holdings Llc
Bought by
Engles Steven B and Engles Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$931,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 2004
Sold by
Engles Steven B and Engles Susan R
Bought by
Sola Garden Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2004
Sold by
Risi Corp
Bought by
Engles Steven B and Engles Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Risi Joseph
Bought by
Risi Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Clancy Patricia J and Reinhart Glenn K
Bought by
Risi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2002
Sold by
Reinhart Glenn K and Mullin Deborah K
Bought by
Reinhart Glenn K and Mullin Deborah K

Purchase Details

Closed on
Oct 2, 1998
Sold by
Virginia Ireys and Virginia F
Bought by
Clancy Patricia J and Mullin Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
6.71%

Purchase Details

Closed on
Sep 24, 1998
Sold by
Anderson Henry Pope
Bought by
Anderson Virginia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
6.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ghaemmaghami Family Limited Partnership $1,775,000 Lawyers Title
Sola Garden Holdings Llc -- First American Title
Engles Steven B -- First American Title Company
Sola Garden Holdings Llc -- Equity Title Co
Engles Steven B -- Equity Title Company-Santa B
Risi Corp -- --
Risi Joseph -- Equity Title Company
Risi Joseph -- Equity Title Company
Reinhart Glenn K -- --
Reinhart Glenn K -- --
Clancy Patricia J -- Equity Title Company
Anderson Virginia F -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engles Steven B $931,000
Previous Owner Engles Steven B $910,000
Previous Owner Risi Joseph $761,250
Previous Owner Risi Joseph $761,250
Previous Owner Clancy Patricia J $427,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2014 07/30/14 Sold $1,775,000 0.0% $609 / Sq Ft View Prior Sale
07/30/2014 07/30/14 Sold $1,775,000 -11.0% --
06/22/2014 06/22/14 Pending -- -- --
06/22/2014 06/22/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $1,995,000 0.0% --
03/31/2014 03/31/14 For Sale $1,995,000 -- $684 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $22,151 $2,133,276 $961,476 $1,171,800
2023 $22,151 $2,050,441 $924,142 $1,126,299
2022 $21,376 $2,010,237 $906,022 $1,104,215
2021 $20,886 $1,970,821 $888,257 $1,082,564
2020 $20,671 $1,950,614 $879,150 $1,071,464
2019 $20,312 $1,912,367 $861,912 $1,050,455
2018 $20,025 $1,874,870 $845,012 $1,029,858
2017 $19,364 $1,838,109 $828,444 $1,009,665
2016 $18,888 $1,802,068 $812,200 $989,868
2014 $15,937 $1,507,778 $753,889 $753,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-964

Santa Barbara Multiple Listing Service

APN: 029-072-004

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