NOT LISTED FOR SALE

Estimated Value: $1,259,000 - $1,697,000

2 Beds
1 Bath
830 Sq Ft
$1,687/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $955,000 $1,151 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,432/month

16 Days on Market

Highlights

  • Property is near a park
  • Cottage
  • Tankless Water Heater
  • San Marcos Senior High School Rated A
  • 1 Car Detached Garage
  • 2-minute walk to Oak Park

About This Home

As of August 2022

First time on the market in 50 years!
Come and view this cute cottage, with some improvements such as roof, bathroom and some
electrical, add your own touch to the rest. A great investment for first time buyers or investment property.

The cottage has a detached garage and a nice sized back yard. This is a trust sale, selling AS IS.

Last Agent to Sell the Property

Nancy Newquist-Nolan

Coldwell Banker Realty Listed on: 07/05/2022

Last Buyer's Agent

Marcy Bazzani

Village Properties License #01402612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,340

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Property is in average condition

Parking

  • 1 Car Detached Garage
  • Open Parking

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near a park
  • Property near a hospital
  • Property is near shops
  • City Lot

Schools

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

Utilities

  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • 20 Oak Park Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 025-051-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,340

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Directions: Off Quito
  • Prop. Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area, In Unit
  • ResoLotFeatures: Level
  • Subdivision Name: 20 - Oak Park
  • Architectural Style: Cal Cottage
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Average, Fair
  • Property Information Year Built2: 1930
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.11
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Proximity Near Park(s)2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Proximity Near Shopping2: Yes
  • ParkingGarage Detached: Yes
  • Laundry In Unit2: Yes
  • ParkingGarage Gar #12: Yes
  • ParkingGarage Unc #12: Yes
  • Site Improvements Cable TV3: Yes
  • Proximity Near Hospital2: Yes
  • Condition Fair2: Yes
  • Foundation Raised: Yes
  • Laundry Common Area2: Yes
  • Condition Average2: Yes
  • Heating Wall: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Dryer, Gas Stove, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding
  • Acres: 0.11
  • Topography: Level
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Gar #1, Unc #1, Detached

Utilities

  • Heating: Wall
  • HeatingYN: Yes
  • Water Source: SB Wtr

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

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

Lot Info

  • Parcel #: 025-051-007
  • Zoning: R-1
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Jul 22, 2022
Sold by
Thompson Family Trust
Bought by
Bergquist James and Bergquist Ingrid
Seller's Agent
Nancy Newquist-Nolan
Coldwell Banker Realty
Buyer's Agent
Marcy Bazzani
Village Properties
List Price
$1,100,000
Sold Price
$955,000
Premium/Discount to List
-$145,000
-13.18%
Total Days on Market
16
Current Estimated Value
$1,400,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,191
Avg. Annual Appreciation
13.23%
Original Mortgage
$764,000
Outstanding Balance
$732,466
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$667,725
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
Bergquist James $955,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergquist James $250,000
Open Bergquist James $764,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Off Market $955,000 -- --
08/10/2022 08/10/22 Sold $955,000 -4.0% $1,151 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/15/2022 07/15/22 Price Changed $995,000 -9.5% $1,199 / Sq Ft
07/04/2022 07/04/22 For Sale $1,100,000 -- $1,325 / 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 $10,340 $1,337,582 $727,472 $610,110
2023 $10,340 $955,000 $680,000 $275,000
2022 $2,631 $243,916 $178,258 $65,658
2021 $2,569 $239,134 $174,763 $64,371
2020 $2,542 $236,683 $172,972 $63,711
2019 $2,498 $232,043 $169,581 $62,462
2018 $2,462 $227,494 $166,256 $61,238
2017 $2,381 $223,035 $162,997 $60,038
2016 $2,404 $218,662 $159,801 $58,861
2014 $2,341 $211,160 $154,318 $56,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2227

Santa Barbara Multiple Listing Service

APN: 025-051-007