NOT LISTED FOR SALE

Estimated Value: $1,484,000 - $2,040,000

-- Bed
-- Bath
-- Sq Ft
1956 Built

Last Sold June 02, 2016

Last sale price $950,000

Est. 85% increase in value since last sale

Current estimated payment $10,568/month

6 Days on Market

Highlights

  • Laundry Room
  • San Marcos Senior High School Rated A
  • 4-minute walk to Oak Park

About This Home

As of June 2016

Excellent opportunity to acquire an attractive duplex surrounded by single
family homes in a nice neighborhood near Santa Barbara Cottage Hospital.
Great potential for owner-occupant to live in one unit and rent the other.
Property sits on a spacious lot at the end of a quiet cul-de-sac, offering
privacy to residents. Two 2BR/1BA units.

Last Agent to Sell the Property

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 04/22/2016

Radius Group Commercial R.E.

Last Buyer's Agent

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 04/22/2016

Radius Group Commercial R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,701

Year Built

  • Built in 1956

Interior Spaces

  • 2-Story Property
  • Laundry Room

Utilities

  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 051-363-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,701

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1956
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • Property Information Year Built2: 1956
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Laundry Laundry Room2: Yes
  • General Property Information Stories2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Parking Features: Mixed

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 051-363-022
  • Zoning: E-3

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Gantes Alexander and Flores Carina
Bought by
Gantes Alexander and Flores Carina
Current Estimated Value
$1,760,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,034
Outstanding Balance
$610,979
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$1,080,532

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 25, 2016
Sold by
Weatherby Robert K
Bought by
Gantes Alexander and Flores Carina
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Steve Golis
Radius Group Commercial R.E.
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$724,968
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2013
Sold by
Weatherby Robert K
Bought by
Weatherby Robert K and Weatherby Patricia A

Purchase Details

Closed on
Nov 26, 2012
Sold by
Weatherby Patricia
Bought by
Weatherby Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2012
Sold by
Mckinley Braden and Sexsmith Bonnie
Bought by
Weatherby Robert K and The Robert K Weatherby & Elda Weatherby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2001
Sold by
Mckinley Braden and Sexsmith Bonnie
Bought by
Mckinley Braden and Sexsmith Bonnie

Purchase Details

Closed on
Nov 5, 1997
Sold by
Quintero Jose M and Quintero Virginia H
Bought by
Mckinley Braden and Sexsmith Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.31%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gantes Alexander -- Stewart Title Of Ca Inc
Gantes Alexander $950,000 First American Title Company
Weatherby Robert K -- None Available
Weatherby Robert K -- Fidelity National Title Co
Weatherby Robert K $51,363,022 Fidelity National Title Co
Mckinley Braden -- --
Mckinley Braden $297,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gantes Alexander $669,034
Closed Gantes Alexander $724,968
Previous Owner Weatherby Robert K $475,000
Previous Owner Mckinley Braden B $22,879
Previous Owner Sexsmith Bonnie J $50,000
Previous Owner Mckinley Braden $226,646
Previous Owner Mckinley Braden $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $950,000 0.0% --
04/28/2016 04/28/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $950,000 -- --
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 $11,701 $1,124,599 $710,274 $414,325
2023 $11,701 $1,080,932 $682,695 $398,237
2022 $11,291 $1,059,738 $669,309 $390,429
2021 $11,031 $1,038,960 $656,186 $382,774
2020 $10,917 $1,028,308 $649,458 $378,850
2019 $10,727 $1,008,146 $636,724 $371,422
2018 $10,575 $988,380 $624,240 $364,140
2017 $10,226 $969,000 $612,000 $357,000
2016 $8,462 $800,458 $572,128 $228,330
2015 $8,370 $788,436 $563,535 $224,901
2014 $8,233 $772,993 $552,497 $220,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1332

Santa Barbara Multiple Listing Service

APN: 051-363-022