NOT LISTED FOR SALE

Estimated Value: $1,567,000 - $3,777,000

-- Bed
-- Bath
-- Sq Ft
0.46 Acres

Last Sold June 25, 2015

Last sale price $895,000

Est. 156% increase in value since last sale

Current estimated payment $13,052/month

94 Days on Market

Highlights

  • RV Access or Parking
  • Property is near an ocean
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near public transit
  • 2 Car Attached Garage

About This Home

As of June 2015

Two houses on an exceptional deep large lot in a wonderful location on a quiet street convenient to S.B. & Montecito off Old Coast Hwy. House #1 was built in the late 1900, Spanish style 3bed.1bth with a 2 car garage with possibilities to expand. House #2 built in the 50's, 2bed/1bth, wood floors & charm. private rear & front yard w/2 car garage.Private drway.

Last Agent to Sell the Property

Penny Collins

Berkshire Hathaway HomeServices California Properties License #01081586 Listed on: 05/04/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Emily Kellenberger

Village Properties License #01397913

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,195

Lot Details

  • Fenced
  • Property is in good condition

Home Design

  • Raised Foundation

Interior Spaces

  • Fireplace
  • Stove

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Uncovered Parking
  • RV Access or Parking

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 015-292-017

Community Details

Overview

  • 2 Units
  • 15 Lower Eastside Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,195

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2
  • Monthly Income: 2500.0
  • Miscellaneous Parking Spaces: 2.0
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Lower Eastside
  • Reso Flooring: Vinyl, Hardwood
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 2
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Proximity Near Ocean2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Amenities Fncd All: Yes
  • Property Information Apx Lot Size FxD: 20,000
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Parking Info Attached6: Yes
  • Amenities Patio2: Yes
  • Parking Info Detached3: Yes
  • Parking Info RV3: Yes
  • Condition Average2: Yes
  • Foundation Raised2: Yes
  • Parking Info Gar #35: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Garages, Uncovered, Gar #3, Attached, Detached, RV
  • Total Parking Spaces: 2.0

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 015-292-017
  • Zoning: R-2
  • ResoLotSizeUnits: Apx Lot Size FxD

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 2500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2017
Sold by
Kellenberger Justin and Kellenberger Emily
Bought by
Kellenberger Justin and Kellenberger Emily
Current Estimated Value
$2,292,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Outstanding Balance
$514,879
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,777,717

Purchase Details

Closed on
Jan 6, 2016
Sold by
Kellenberger Justin and Kellenberger Emily
Bought by
The Conshal Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 7, 2015
Sold by
Kellenberger Justin
Bought by
The Conshal Trust
Seller's Agent
Penny Collins
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Emily Kellenberger
Village Properties
List Price
$1,200,000
Sold Price
$895,000
Premium/Discount to List
-$305,000
-25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$626,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 4, 2015
Closed on
Jun 29, 2015
Sold by
Kellenberger Emily
Bought by
Kellenberger Justin
Seller's Agent
Penny Collins
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Emily Kellenberger
Village Properties
List Price
$1,200,000
Sold Price
$895,000
Premium/Discount to List
-$305,000
-25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 4, 2015
Closed on
Jun 16, 2015
Sold by
Tarquinio Maria
Bought by
Kellenberger Justin
Seller's Agent
Penny Collins
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Emily Kellenberger
Village Properties
List Price
$1,200,000
Sold Price
$895,000
Premium/Discount to List
-$305,000
-25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Kellenberger Justin -- Fidelity National Title Co
The Conshal Trust -- None Available
Kellenberger Justin -- Fidelity National Title Co
The Conshal Trust -- None Available
Kellenberger Justin -- Fidelity National Title Co
Kellenberger Justin $895,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellenberger Justin $625,500
Closed Kellenberger Justin $100,000
Closed Kellenberger Justin $625,500
Previous Owner Kellenberger Justin $626,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2015 06/25/15 Sold $895,000 0.0% -- View Prior Sale
06/25/2015 06/25/15 Sold $895,000 -25.4% --
04/22/2015 04/22/15 Pending -- -- --
04/22/2015 04/22/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $1,200,000 0.0% --
01/18/2015 01/18/15 For Sale $1,200,000 -- --
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 $11,195 $1,075,645 $540,827 $534,818
2023 $11,195 $1,033,878 $519,827 $514,051
2022 $10,802 $1,013,607 $509,635 $503,972
2021 $10,554 $993,734 $499,643 $494,091
2020 $10,445 $983,545 $494,520 $489,025
2019 $10,263 $964,261 $484,824 $479,437
2018 $10,118 $945,355 $475,318 $470,037
2017 $9,784 $926,820 $465,999 $460,821
2016 $9,589 $908,648 $456,862 $451,786
2015 $1,865 $172,969 $84,564 $88,405
2014 -- $169,582 $82,908 $86,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-182

Santa Barbara Multiple Listing Service

APN: 015-292-017