NOT LISTED FOR SALE

Estimated Value: $679,000 - $873,000

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold September 06, 2016

Last sale price $475,000

Est. 58% increase in value since last sale

Current estimated payment $4,688/month

About This Home

As of September 2016

Great bread and butter 4Plex with good rents and nice floor plans. Each 2 bedroom and 1 bath unit has washer/dryer hookups and individual patios. Fenced front and back yards, covered carport parking, and additional guest parking. Low annual owner expenses make these superb units to add to your investment portfolio!

Last Agent to Sell the Property

Dalila Alvarez

Village Properties - 1 Listed on: 07/20/2016

Co-Listed By

Sheila Siegel

California Property Group License #01010760

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,014

Year Built

  • Built in 1941

Lot Details

  • 10,454

Home Design

  • Raised Foundation

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • Carport
  • Uncovered Parking

Additional Features

  • Property is in good condition
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 091-011-015

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,132
  • Maintenance Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,587
  • Operating Expense $7,187
  • Gross Income $43,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,014

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1941
  • Income Expenses Annual Income: 43380.0
  • Maintenance Expense: 1200.0
  • Annual Expenses: 7187.0
  • Monthly Income: 3615.0
  • Income Expenses Water Expense: 2400.0
  • Meters Sep Meter Elec: Y
  • ResoLaundryFeatures: Other
  • Income And Expenses Maintenance Expense: 1200.0
  • Co List Office Mls Id: cpg
  • Co List Office Phone: 805-692-9090
  • Carport Y N: Yes
  • Reso Flooring: Vinyl, Carpet, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1941
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Property Information Apx Lot Size FxD: On file
  • Condition Average2: Yes
  • Foundation Raised2: Yes
  • IncomeExpenses Taxes6: 3587.0
  • FlrWdw Coverings Vinyl2: Yes
  • Parking Info Cpt #43: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Uncovered, Cpt #4

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

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

Lot Info

  • Parcel #: 091-011-015
  • Zoning: Other
  • ResoLotSizeUnits: Apx Lot Size FxD

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43380.0
  • Insurance Expense: 1132.0
  • Annual Operating Expense: 7187.0
  • Total Actual Rent: 3615.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 14, 2016
Sold by
Alamar 11 Llc
Bought by
Alamar Ii Llc and Roosendahl Tia
Seller's Agent
Dalila Alvarez
Village Properties - 1
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$749,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,549
Avg. Annual Appreciation
5.64%
Original Mortgage
$200,000
Outstanding Balance
$161,475
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$608,153

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 30, 2016
Sold by
Corral Jose D and Corral Dolores C
Bought by
Alamar Ii Llc
Seller's Agent
Dalila Alvarez
Village Properties - 1
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$161,475
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$608,153

Purchase Details

Closed on
Oct 1, 2007
Sold by
Corral Jose D and Corral Dolores C
Bought by
Corral Jose D and Corral Dolores C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2003
Sold by
Corral Jose D and Corral Dolores C
Bought by
Corral Jose D and Corral Dolores C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
5.71%

Purchase Details

Closed on
Jun 13, 2001
Sold by
Corral Jose D and Corral Dolores C
Bought by
Corral Jose D and Corral Dolores C
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
Alamar Ii Llc $190,000 Fidelity National Title Co
Alamar Ii Llc $475,000 Fidelity National Title Co
Corral Jose D -- Fidelity National Title Co
Corral Jose D -- Fidelity National Title Co
Corral Jose D -- Fidelity National Title Co
Corral Jose D -- Fidelity National Title Co
Corral Jose D -- --
Corral Jose D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alamar Ii Llc $200,000
Previous Owner Corral Jose D $250,000
Previous Owner Corral Jose D $129,200
Closed Corral Jose D $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2016 09/06/16 Sold $475,000 0.0% --
07/20/2016 07/20/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $475,000 -- --
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
2023 $6,014 $529,868 $139,439 $390,429
2022 $5,911 $519,479 $136,705 $382,774
2021 $5,977 $509,294 $134,025 $375,269
2020 $5,913 $504,073 $132,651 $371,422
2019 $5,816 $494,190 $130,050 $364,140
2018 $5,727 $484,500 $127,500 $357,000
2017 $5,623 $475,000 $125,000 $350,000
2016 $3,582 $300,376 $95,101 $205,275
2014 $3,506 $290,071 $91,839 $198,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-2425

Santa Barbara Multiple Listing Service

APN: 091-011-015