NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
10,000 Sq Ft Lot

Sale Details

Date Sold: August 26, 2022

Last sale price $2,150,000

8 Days on Market

About This Home

As of August 2022

Originally a mansion house and now 5 spacious 1 bedroom units with hardwood floors. 2 units have fireplaces. Can also be bought with 1716 Bath a 7 unit building priced at $3,200,000.

Last Agent to Sell the Property

Donna Bayet

Home Realty & Investments License #00865203 Listed on: 05/24/2022

Last Buyer's Agent

Ben Rivera

Home Realty & Investments License #01367001

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 10,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Raised Foundation

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Schools

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

Utilities

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

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 027-091-017

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • 5 Units
  • Gross Income $118,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1895
  • Income Expenses Annual Income: 118500.0
  • Capitalization Rate: 3.2
  • Gross Rent Multiplier: 19
  • Monthly Income: 9875.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 5.0
  • Building Stories: 2
  • Reso Flooring: Hardwood
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1895
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Parking Info Total # Carport Spaces2: 5.0
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Apx Lot SqFt: 10000.0
  • Condition Good2: Yes
  • General Property Information Stories2: 2.0
  • Pets No8: Yes
  • Foundation Raised2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.23
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 5.0

Schools

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

Lot Info

  • Parcel #: 027-091-017
  • Zoning: R-4
  • Lot Size Sq Ft: 10000.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 118500.0
  • Total Actual Rent: 9875.0

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
May 24, 2022
Closed on
Aug 10, 2022
Sold by
Bought by
Seller's Agent
Donna Bayet
Home Realty & Investments
Buyer's Agent
Ben Rivera
Home Realty & Investments
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$944,185
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,150,000 Wfg National Title
-- None Available
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 $1,000,000
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
08/26/2022 08/26/22 Sold $2,150,000 0.0% --
08/26/2022 08/26/22 Off Market $2,150,000 -- --
06/02/2022 06/02/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $2,250,000 -- --
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
2026 $23,647 $2,281,597 $955,087 $1,326,510
2025 $23,243 $2,236,860 $936,360 $1,300,500
2023 $23,243 $2,150,000 $900,000 $1,250,000
2022 $2,014 $183,825 $60,931 $122,894
2021 $1,965 $180,241 $59,737 $120,504
2020 $1,944 $178,404 $59,125 $119,279
2019 $1,910 $174,926 $57,966 $116,960
2018 $1,883 $171,517 $56,830 $114,687
2017 $1,821 $168,174 $55,716 $112,458
2016 $1,861 $164,897 $54,624 $110,273
2014 $1,813 $159,275 $52,751 $106,524
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1678

Santa Barbara Multiple Listing Service
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