NOT LISTED FOR SALE

321 E Newlove Dr Unit B Santa Maria, CA 93454

Santa Maria East Neighborhood

Estimated Value: $509,000 - $659,916

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $335,000

Est. 65% increase in value since last sale

Current estimated payment $3,333/month

2 Days on Market

About This Home

As of May 2021

Great duplex for a first-time investor or owner/user! Two homes on one APN each freestanding consisting of 2 bedrooms/1 bath, garden area in front, backyard space and one car garage. Unit C has a few extras with a laundry room off of the kitchen with full size hook ups along with a larger backyard space,and new roof. Nice opportunity for a first-time home buyer to live in one and rent out the other!

Last Agent to Sell the Property

Jon Standring

Beachside Partners License #01893163 Listed on: 04/29/2021

Co-Listed By

Lori Zahn

Beachside Partners License #01914851

Last Buyer's Agent

Lori Zahn

Beachside Partners License #01914851

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,936

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in good condition

Parking

  • Garage

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank

Utilities

  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 128-072-041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,936

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1920
  • Gross Rent Multiplier: 9.3
  • Monthly Income: 2915.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: Other
  • Co List Office Mls Id: jonsta
  • Co List Office Phone: 805-626-0112
  • Reso Flooring: Carpet, Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1920
  • Property Information Apx # Acres: 0.19
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • FlrWdw Coverings Tile3: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Parking Info Garages: Yes
  • Condition Average2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.19

Garage/Parking

  • Parking Features: Garages

Schools

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

Lot Info

  • Parcel #: 128-072-041
  • Zoning: Other
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 2915.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 5, 2021
Sold by
Withrow Ambershawn R and The Ruse Family Trust
Bought by
Parma Properties Llc
Seller's Agent
Jon Standring
Beachside Partners
Buyer's Agent
Lori Zahn
Beachside Partners
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Current Estimated Value
$551,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,479
Avg. Annual Appreciation
12.05%
Original Mortgage
$345,000
Outstanding Balance
$313,982
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$231,148

Purchase Details

Closed on
Sep 30, 2003
Sold by
Ruse Steven B and Ruse Deanna Jo
Bought by
Ruse Steven B and Ruse Deanna Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
Golis Steven J
Bought by
Ruse Steven B and Ruse Deanna Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 13, 1998
Sold by
Rosen Harold & Adele R 4
Bought by
Golis Steven J
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
Parma Properties Llc $335,000 Fidelity National Title Co
Ruse Steven B -- Fidelity National Title
Ruse Steven B -- Fidelity National Title
Ruse Steven B $160,000 Chicago Title Co
Golis Steven J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parma Properties Llc $345,000
Previous Owner Ruse Steven B $112,000
Previous Owner Ruse Steven B $124,000
Previous Owner Ruse Steven B $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $335,000 +3.1% --
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $325,000 -- --
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
2025 $3,936 $362,613 $162,364 $200,249
2023 $3,936 $348,534 $156,060 $192,474
2022 $3,799 $341,700 $153,000 $188,700
2021 $2,468 $222,718 $118,321 $104,397
2020 $2,465 $220,435 $117,108 $103,327
2019 $2,437 $216,113 $114,812 $101,301
2018 $2,407 $211,876 $112,561 $99,315
2017 $2,379 $207,722 $110,354 $97,368
2016 $2,277 $203,650 $108,191 $95,459
2015 $2,240 $200,592 $106,566 $94,026
2014 $2,138 $196,664 $104,479 $92,185
Source: Public Records

Agents Affiliated with this Home

  • Jon Standring

    Seller's Agent in 2021

    Jon Standring

    Beachside Partners

    (805) 705-7311

    1 in this area

    55 Total Sales

    Jon Standring
    Section Image
  • Lori Zahn

    Seller Co-Listing Agent in 2021

    Lori Zahn

    Beachside Partners

    (805) 626-3150

    1 in this area

    18 Total Sales

    Lori Zahn
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1534

Santa Barbara Multiple Listing Service

APN: 128-072-041

California Santa Barbara County Santa Maria 93454 Santa Maria East

321 E Newlove Dr Unit B, Santa Maria, CA

This home is located at 321 E Newlove Dr Unit B, Santa Maria, CA 93454 since 29 April 2021 and is currently estimated at $551,479. This property was built in 1920. 321 E Newlove Dr Unit B is a home located in Santa Barbara County with nearby schools including Washington Battles Elementary School, Fesler (Isaac) Junior High School, and Santa Maria High School.

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