NOT LISTED FOR SALE

Estimated Value: $2,668,000 - $4,306,000

2 Beds
2 Baths
1,272 Sq Ft
$2,710/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $2,270,000 $1,785 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $20,966/month

111 Days on Market

About This Home

As of April 2017

Truly remarkable & extremely charming set of homes on a spectacular .6 acres of historic Glendessary Ln. 4 separate structures that translate to (5) 1 bed 1 bath units and one studio;(all oozing with charm) or can be used as (2) 2 bed 2 bath homes, & 2 guest houses. Could work as long-term rentals or live in one and rent rest. Projected income 13k month!County-Zoned R-1-buyer to verify legal usage

Last Agent to Sell the Property

Randy Glick

Berkshire Hathaway HomeServices California Properties License #00950129 Listed on: 01/26/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,978

Year Built

  • Built in 1900

Lot Details

  • 0.61

Schools

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

Additional Features

  • 2-Story Property
  • 0.61 Acre Lot

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 023-221-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,978

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1900
  • Building Stories: 2
  • Property Information Year Built2: 1900
  • Property Information Apx # Acres: 0.61
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Apx Lot SqFt: 26572.0
  • General Property Information Stories2: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.61

Schools

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

Lot Info

  • Parcel #: 023-221-023
  • Zoning: R-1
  • Lot Size Sq Ft: 26572.0

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Nelson Thomas James and Tran Edward Hien
Bought by
Nelson-Tran Living Trust and Nelson
Current Estimated Value
$3,446,697

Purchase Details

Closed on
Jul 25, 2017
Sold by
Nelson Thomas
Bought by
Tran Edward H and Nelson Thomas J

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 28, 2017
Sold by
Tran Edward
Bought by
Nelson Thomas
Seller's Agent
Randy Glick
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,350,000
Sold Price
$2,270,000
Premium/Discount to List
-$80,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,240,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2013
Sold by
Jacobs Robbie
Bought by
Lyles Jonathan

Purchase Details

Closed on
Sep 17, 2013
Sold by
Jacobs Robbie
Bought by
Aubrey Jamee and Jacobs Robbie

Purchase Details

Closed on
Jul 26, 2006
Sold by
Owens Felise W
Bought by
Jacobs Robbie and Aubrey Jamee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1996
Sold by
Ramirez Barradas Herlinda
Bought by
Owen James E
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
Nelson-Tran Living Trust -- None Listed On Document
Nelson-Tran Living Trust -- None Listed On Document
Tran Edward H -- None Available
Nelson Thomas -- Wfg National Title Ins Co
Nelson Thomas $2,270,000 Wfg National Title Ins Co
Lyles Jonathan -- None Available
Aubrey Jamee -- None Available
Jacobs Robbie -- Fidelity National Title Co
Owen James E -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Thomas J $980,000
Previous Owner Tran Edward H $1,275,000
Previous Owner Nelson Thomas $1,240,000
Previous Owner Jacobs Robbie $0
Previous Owner Jacobs Robbie $500,000
Previous Owner Jacobs Robbie $1,030,000
Previous Owner Owen Felise W $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $2,270,000 0.0% $1,785 / Sq Ft
04/12/2017 04/12/17 Sold $2,270,000 -3.4% $1,785 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
02/21/2017 02/21/17 Pending -- -- --
11/02/2016 11/02/16 For Sale $2,350,000 0.0% $1,847 / Sq Ft
11/02/2016 11/02/16 For Sale $2,350,000 -- $1,847 / 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 $27,978 $2,634,525 $1,682,847 $951,678
2023 $27,978 $2,532,224 $1,617,500 $914,724
2022 $27,022 $2,482,574 $1,585,785 $896,789
2021 $26,418 $2,433,897 $1,554,692 $879,205
2020 $26,153 $2,408,941 $1,538,751 $870,190
2019 $25,699 $2,361,708 $1,508,580 $853,128
2018 $25,334 $2,315,400 $1,479,000 $836,400
2017 $21,177 $1,962,490 $1,500,730 $461,760
2016 $14,898 $1,375,000 $982,000 $393,000
2014 $14,519 $1,225,000 $875,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-3627

Santa Barbara Multiple Listing Service

APN: 023-221-023