305 Ladera St Santa Barbara, CA 93101
Lower West Neighborhood
--
Bed
--
Bath
3,381
Sq Ft
0.25
Acres
Highlights
- Property is near an ocean
- 0.25 Acre Lot
- 4 Car Garage
- San Marcos Senior High School Rated A
About This Home
As of April 2022This desirable property is located within walking or biking distance to the Beach, Santa Barbara City College & Downtown Santa Barbara.
Last Agent to Sell the Property
Randy Beal
Tri County Realty License #01247800 Listed on: 12/01/2011
Last Buyer's Agent
Randy Beal
Rogers CMS Inc
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,900
Year Built
- Built in 1995
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 50x220
- Property is in good condition
Parking
- 4 Car Garage
Home Design
- Slab Foundation
Schools
- Mckinley Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- 2-Story Property
- Property is near an ocean
- Individual Gas Meter
Listing and Financial Details
- The owner pays for trash collection, water
- Assessor Parcel Number 037-221-003
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $11,206
- Gross Income $88,680
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2022
Closed on
Mar 31, 2022
Sold by
Sbsr Llc
Bought by
David Sayed Living Trust
Seller's Agent
Lori Zahn
Beachside Partners
Buyer's Agent
Mike Richardson
Richardson Real Estate Services, Inc.
List Price
$2,715,000
Sold Price
$2,715,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,608
Avg. Annual Appreciation
2.44%
Original Mortgage
$2,000,000
Outstanding Balance
$1,889,717
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$1,057,891
Purchase Details
Closed on
Apr 27, 2020
Sold by
Ladera Townhomes Llc
Bought by
Sbsr Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,341,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Dec 1, 2011
Closed on
Feb 3, 2012
Sold by
Coastline Re Holdings Corp
Bought by
Ladera Townhomes Llc
Seller's Agent
Randy Beal
Tri County Realty
Buyer's Agent
Randy Beal
Rogers CMS Inc
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$717,500
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2011
Sold by
Falcon Investments Llc
Bought by
Coastline Re Holdings Corp
Purchase Details
Closed on
Feb 24, 2011
Sold by
Mars Hill Llc
Bought by
Fewell Kevin
Purchase Details
Closed on
Jul 26, 2007
Sold by
Falcon Investments Llc
Bought by
Falcon Investments Llc and Jaeger Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 2007
Sold by
Feitis Peter and Feitis Marjorie
Bought by
Falcon Investments Llc and Jaeger Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Santa Barbara, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,715,000 | First American Title | |
| Grant Deed | $2,235,000 | Lawyers Title Company | |
| Grant Deed | $1,000,000 | Ticor Title Company Of Ca | |
| Trustee Deed | $883,000 | Stewart Title Of California | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Previous Owner | $1,341,000 | Purchase Money Mortgage | |
| Previous Owner | $1,135,000 | Commercial | |
| Previous Owner | $717,500 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $1,087,500 | Unknown | |
| Previous Owner | $850,000 | Purchase Money Mortgage | |
| Previous Owner | $850,000 | Unknown | |
| Previous Owner | $225,000 | Unknown | |
| Previous Owner | $850,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/06/2022 04/06/22 | Sold | $2,715,000 | 0.0% | $803 / Sq Ft |
| 04/06/2022 04/06/22 | Pending | -- | -- | -- |
| 04/06/2022 04/06/22 | For Sale | $2,715,000 | +21.5% | $803 / Sq Ft |
| 09/17/2020 09/17/20 | Sold | $2,235,000 | -2.2% | $661 / Sq Ft |
| 09/17/2020 09/17/20 | Pending | -- | -- | -- |
| 09/17/2020 09/17/20 | For Sale | $2,285,000 | +128.5% | $676 / Sq Ft |
| 03/31/2012 03/31/12 | Sold | $1,000,000 | -9.1% | $296 / Sq Ft |
| 01/23/2012 01/23/12 | Pending | -- | -- | -- |
| 12/01/2011 12/01/11 | For Sale | $1,100,000 | -- | $325 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $29,900 | $3,110,179 | $1,273,449 | $1,836,730 |
| 2023 | $29,900 | $2,579,000 | $1,140,000 | $1,439,000 |
| 2022 | $24,236 | $2,279,700 | $918,000 | $1,361,700 |
| 2021 | $23,680 | $2,235,000 | $900,000 | $1,335,000 |
| 2020 | $12,188 | $1,148,496 | $545,536 | $602,960 |
| 2019 | $11,976 | $1,125,978 | $534,840 | $591,138 |
| 2018 | $11,807 | $1,103,901 | $524,353 | $579,548 |
| 2017 | $11,417 | $1,082,257 | $514,072 | $568,185 |
| 2016 | $11,175 | $1,061,038 | $503,993 | $557,045 |
| 2014 | $10,871 | $1,024,630 | $486,699 | $537,931 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Zahn
Seller's Agent in 2022
Lori Zahn
Beachside Partners
(805) 626-3150
2 in this area
18 Total Sales
-
Jon Standring
Seller Co-Listing Agent in 2022
Jon Standring
Beachside Partners
(805) 705-7311
3 in this area
55 Total Sales
-
Mike Richardson
M
Buyer's Agent in 2022
Mike Richardson
Richardson Real Estate Services, Inc.
(805) 963-1704
5 in this area
132 Total Sales
-
Steve Golis
Seller's Agent in 2020
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
1 in this area
94 Total Sales
-
R
Seller's Agent in 2012
Randy Beal
Tri County Realty
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 11-3955
APN: 037-221-003
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