NOT LISTED FOR SALE

Estimated Value: $879,000 - $1,595,000

2 Beds
1.5 Baths
1,184 Sq Ft
$220/mo HOA Fee

Last Sold September 17, 2015

Last sale price $765,000 $646 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,401/month

8 Days on Market

Highlights

  • Updated Kitchen
  • Property is near public transit
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Cathedral Ceiling
  • End Unit

About This Home

As of September 2015

Impeccable 2BR/1.5BA condo in a quiet complex in the heart of downtown Santa Barbara. 2010 remodel, with open kitchen & island. Sleek living room w/ modern fireplace, wood floors and French doors opening to outdoor living. Upstairs bedrooms offer cathedral ceilings and a stylish bathroom. End unit w/ private front, back and side yards. Oversized 2-car garage is a rare find in downtown living.

Last Agent to Sell the Property

Cara Gamberdella

Village Properties - 1 License #01766267 Listed on: 08/26/2015

Last Buyer's Agent

Holly Misic

Sawyer Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,428

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • Property is in excellent condition

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Updated Kitchen
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom

Location

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

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 027-450-003

Community Details

Overview

  • Association fees include insurance, prop mgmt, exterior maint
  • 6 Buildings
  • 6 Units
  • Valerio Townhomes Community
  • 15 Or 20 Downtown Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,428

Year Built

Built in 1984

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Association Fee: 220
  • Directions: Mission to Castillo heading toward downtown. Turn left on Valerio. 319 W. Valerio is on the right. Unit #3 is in the back right corner.
  • Prop. Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Common Area, In Unit
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Fee Includes: Insurance, Prop Mgmt, Exterior Maint
  • Subdivision Name: 15 or 20 - Downtown
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1984
  • Property Information Total #Units: 6
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Valerio Townhomes
  • ParkingGarage Detached: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Laundry In Unit2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Laundry Common Area2: Yes
  • CondoCO-OPPUD End Unit: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding
  • Topography: Level
  • Common Walls: End Unit
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 027-450-003
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Bourbeau Ilse
Bought by
Power Of Appointment Trust
Current Estimated Value
$1,168,049

Purchase Details

Listed on
Aug 26, 2015
Closed on
Sep 10, 2015
Sold by
Smith Edward P
Bought by
Aero Camino Industrial Llc
Seller's Agent
Cara Gamberdella
Village Properties - 1
Buyer's Agent
Holly Misic
Sawyer Real Estate
List Price
$749,000
Sold Price
$765,000
Premium/Discount to List
$16,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Sep 2, 2008
Sold by
Branch Thomas I and Branch Karen A
Bought by
Smith Edward P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2008
Sold by
Branch Thomas I and Branch Karen A
Bought by
Smith Edward P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Power Of Appointment Trust -- Locke Robert B
Aero Camino Industrial Llc $765,000 Fidelity National Title Co
Smith Edward P $525,000 Lawyers Title Company
Smith Edward P -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Edward P $391,000
Previous Owner Smith Edward P $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $765,000 +2.1% $646 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $749,000 -- $633 / 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 $9,428 $905,598 $355,136 $550,462
2023 $9,428 $870,435 $341,347 $529,088
2022 $9,098 $853,368 $334,654 $518,714
2021 $8,888 $836,637 $328,093 $508,544
2020 $8,797 $828,059 $324,729 $503,330
2019 $8,643 $811,823 $318,362 $493,461
2018 $8,521 $795,906 $312,120 $483,786
2017 $8,240 $780,300 $306,000 $474,300
2016 $8,091 $765,000 $300,000 $465,000
2015 $6,006 $562,524 $267,869 $294,655
2014 $5,909 $551,506 $262,622 $288,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2912

Santa Barbara Multiple Listing Service

APN: 027-450-003