NOT LISTED FOR SALE

280 Mathilda Dr Goleta, CA 93117

Isla Vista Area
-- Bed
-- Bath
7,510 Sq Ft
10,018 Sq Ft Lot

Sale Details

Date Sold: July 6, 2023

Last sale price $4,000,000 $533 Per Sq Ft

11 Days on Market

About This Home

As of July 2023

280 Mathilda Dr. is a well located apartment complex in Goleta consisting of 12 1BD/1BA units with a mix of covered and carport parking. The location has convenient access to various shopping centers including Camino Real Marketplace, Hollister Village, and Storke Plaza which are home to a majority of
the area's national retailers including Costco, Home Depot and Target. This area also draws significant traffic from UCSB and therefore vacancy remains low with a continuous need for housing for students,
staff and workforce. The neighborhood also provides great access to a plethora of beaches and trails, Girsh Park, Monarch Butterfly Grove, Sandpiper Golf Course and The Ritz-Carlton Bacara. Current rents
produce a cap rate of 4.21%.

Last Agent to Sell the Property

Bob Tuler

Radius Group Commercial R.E. License #00643325 Listed on: 04/27/2023

Radius Group Commercial R.E.

Co-Listed By

Gene Deering

Radius Group Commercial R.E. License #01450943

Last Buyer's Agent

Paul Gamberdella

Radius Group Commercial R.E. License #01267748

Radius Group Commercial R.E.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 10,018 Sq Ft Lot

Home Design

  • 7,510 Sq Ft Home

Schools

  • Gol Valley Middle School
  • Dos Pueblos High School

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 079-552-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

10,018 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1967
  • Capitalization Rate: 4.21%
  • Gross Rent Multiplier: 15.10
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • Property Information Year Built2: 1967
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Property Information Main House SqFt: 7510.0
  • Property Information Apx Lot SqFt: 10018.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.23

Schools

  • Elementary School: Other
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 079-552-010
  • Zoning: Other
  • Lot Size Sq Ft: 10018.0

Multi Family

  • Number Of Units Total: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 3, 2023
Sold by
Bought by
Seller's Agent
Bob Tuler
Radius Group Commercial R.E.
Buyer's Agent
Paul Gamberdella
Radius Group Commercial R.E.
List Price
$4,195,000
Sold Price
$4,000,000
Premium/Discount to List
-$195,000
-4.65%
Views
14

Purchase Details

Closed on
Aug 18, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Goleta, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,000,000 Fidelity National Title Compan
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $650,000
Previous Owner $386,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $4,000,000 -4.6% $533 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $4,195,000 -- $559 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $46,003 $4,161,600 $1,040,400 $3,121,200
2025 $44,642 $4,080,000 $1,020,000 $3,060,000
2023 $44,642 $509,274 $55,743 $453,531
2022 $7,207 $499,419 $54,650 $444,769
2021 $7,110 $489,758 $53,579 $436,179
2020 $6,966 $484,805 $53,030 $431,775
2019 $6,867 $475,430 $51,991 $423,439
2018 $6,766 $466,239 $50,972 $415,267
2017 $6,682 $457,228 $49,973 $407,255
2016 $6,447 $448,394 $48,994 $399,400
2014 $6,080 $433,237 $47,314 $385,923
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1122

Santa Barbara Multiple Listing Service
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