$815,000
SOLD JAN 27, 2023
3 Beds
1 Bath
1,082 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$753 Per Sq Ft

9% Below List Price

41 Days on Market

Highlights

  • Property is near public transit
  • Cottage
  • 1-Story Property
  • San Marcos Senior High School Rated A
  • Restaurant
  • Dining Area

About This Home

As of February 2024

INVESTMENT OPPORTUNITY & RENTAL POTENTIAL. This 3 Bedroom 1 Bath home is ready to be thoughtfully reimagined!
There is an additional structure used for storage. Close to Gelsons, Shopping, Schools and Earl Warren Fairgrounds. Property
is being sold ''AS IS''. Any and all offers to be submitted with proof of funds. Easy to show - tenants have moved out. Any and all offers to be submitted with proof of funds.

Last Agent to Sell the Property

Diane Randall

Coldwell Banker Realty Listed on: 11/09/2022

Co-Listed By

Lizette Pedroza

Coldwell Banker Realty

Last Buyer's Agent

Andy Triant

Pellego License #02155609

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,831

Year Built

  • Built in 1947

Lot Details

  • Fenced
  • Level Lot
  • Property is in average condition

Parking

  • Open Parking

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

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

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 051-351-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,831

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Near Public Transit
  • Co List Office Mls Id: cb
  • Co List Office Phone: 805-682-2477
  • Architectural Style: Cal Cottage
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1947
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Proximity Near Bus: Yes
  • Condition Fair2: Yes
  • ParkingGarage Unc #22: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Topography: Level
  • Exterior Features: Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 051-351-008
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jan 23, 2024
Sold by
Clay Akey Revocable Trust
Bought by
Reyes Ryan P
Seller's Agent
Brooke Fraser
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Phillip Cota
H & H Property Investments Inc
List Price
$1,095,000
Sold Price
$999,000
Premium/Discount to List
-$96,000
-8.77%
Views
56
Current Estimated Value
$1,284,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,683
Avg. Annual Appreciation
19.68%
Original Mortgage
$650,000
Outstanding Balance
$412,486
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$872,197

Purchase Details

Closed on
Jul 26, 2022
Sold by
Walker Kimberly
Bought by
Clay Akey Revocable Trust

Purchase Details

Closed on
Mar 16, 2022
Sold by
Vela Ruben
Bought by
Walker Kimberly

Purchase Details

Closed on
Jan 10, 2008
Sold by
Walker Kimberly
Bought by
Vela Ruben

Purchase Details

Closed on
Oct 27, 2006
Sold by
Vela Ruben
Bought by
Walker Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 2004
Sold by
Vela Ruben and Vela Salvador
Bought by
Vela Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 1998
Sold by
Vela Maria Guadalupe
Bought by
Vela Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 30, 1998
Sold by
David Karpeles
Bought by
Vela Ruben and Vela Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Similar Homes in Santa Barbara, CA

  • 519 W Valerio St, Santa Barbara, CA 93101

    $850,000

    • 3 Beds
    • 2 Baths
    • 519 W Valerio St
    • Santa Barbara, CA

    OPPORTUNITY KNOCKS: Zoned R-M for Multiple Units! Current structure is spacious, however definitely not habitable no kitchen, bathrooms, or insulation, foundation needs repairs, etc. —making it a true blank canvas for investors, builders, or visionaries. So much potential to create something special!Showings by appointment.

    Amy Baird Village Properties

    Section Image
  • 1050 Vista Del Pueblo Unit 5, Santa Barbara, CA 93101

    $925,000

    • 2 Beds
    • 1.5 Baths
    • 1,057 Sq Ft
    • 1050 Vista Del Pueblo
    • Unit 5
    • Santa Barbara, CA

    First time on the market in over 35 years, don't miss out on this rarely available Vista Del Pueblo condo! This lovingly maintained 2-bedroom, 1.5-bath home offers beautiful mountain and city views that capture the charm of Santa Barbara living. Ideally located just minutes from downtown, the beach, Shoreline Park, and the Mesa. The entry level features a bright living room with vaulted ceilings,

    Kendrick Guehr Keller Williams Realty Santa Barbara

    Section Image
  • 1012 Alphonse St, Santa Barbara, CA 93103

    $800,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 1012 Alphonse St
    • Santa Barbara, CA

    This is an opportunity for Contractor and builder or investor. This is not for the faint of heart. Opportunity Knocks to restore this house back to its original condition. Centrally located along the Milpas corridor, near the popular La Superica- Taqueria restaurant, Santa Barbara County bowl, near Trader Joe's and Sprouts shopping centers, East-beach, and downtown including the funk zone. Near

    Melissa Kane Sun Coast Real Estate

    Section Image
  • 1319 Pitos St, Santa Barbara, CA 93103

    $990,000

    • 2 Beds
    • 1 Bath
    • 752 Sq Ft
    • 1319 Pitos St
    • Santa Barbara, CA

    Two bedroom, one bath home that is a fixer, with development potential on this R-4 lot.

    John Nuzzolillo Santa Barbara Brokers, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $999,000 Placer Title Company
Grant Deed $182,000 Placer Title
Grant Deed -- --
Grant Deed -- None Available
Grant Deed $900,000 Ticor Title Co
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $80,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Previous Owner $180,000 Unknown
Previous Owner $720,000 Balloon
Previous Owner $520,000 Fannie Mae Freddie Mac
Previous Owner $400,000 Unknown
Previous Owner $222,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $999,000 -8.8% $923 / Sq Ft
02/27/2024 02/27/24 For Sale $1,095,000 +9.6% $1,012 / Sq Ft
02/26/2024 02/26/24 Sold $999,000 0.0% $779 / Sq Ft
02/05/2024 02/05/24 Off Market $999,000 -- --
11/28/2023 11/28/23 Price Changed $1,049,000 -2.0% $818 / Sq Ft
10/28/2023 10/28/23 Price Changed $1,070,000 -2.3% $835 / Sq Ft
09/25/2023 09/25/23 Price Changed $1,095,000 -8.4% $854 / Sq Ft
08/30/2023 08/30/23 For Sale $1,195,000 +46.6% $932 / Sq Ft
01/27/2023 01/27/23 Sold $815,000 -9.2% $753 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $898,000 -- $830 / 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
2023 $8,831 $969,000 $612,000 $357,000
2022 $7,989 $748,830 $526,042 $222,788
2021 $7,804 $734,148 $515,728 $218,420
2020 $7,724 $726,621 $510,440 $216,181
2019 $7,589 $712,375 $500,432 $211,943
2018 $7,482 $698,408 $490,620 $207,788
2017 $6,691 $633,000 $444,000 $189,000
2016 $6,405 $603,000 $423,000 $180,000
2014 $5,757 $537,000 $377,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3686

Santa Barbara Multiple Listing Service

APN: 051-351-008