NOT LISTED FOR SALE

321 E Valerio St Santa Barbara, CA 93101

Oak Park Neighborhood

Estimated Value: $2,396,000 - $3,543,000

-- Bed
-- Bath
1,685 Sq Ft
$1,748/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $2,090,000 $1,240 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $17,927/month

76 Days on Market

Highlights

  • 0.36 Acre Lot
  • Property is near public transit
  • Fireplace
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of October 2020

Upper East property, quiet & convenient neighborhood, easily accessible, features 3 detached units on 15,635 square foot (67x230) R-2 lot. Front, single level unit is 3/2 consisting of approximately 1,665 square feet, features large living room (with fire place) & formal dining room, hardwood floors, great front porch. Center unit is a 350 sf studio, living/bedroom, full kitchen & bath with private yard. Back unit is two story 3/2 with approximately 1,060 square feet; living room, kitchen, bedroom & bath on first floor, two bedrooms and bath upstairs. Two large, fenced & private back yards. Three uncovered parking spaces plus two car carport with added room if needed. Secure bicycle storage. New roofs, sewer line, and driveway.

Last Agent to Sell the Property

Ronald Wolfe

Ronald L. Wolfe & Assoc. Inc. License #00354504 Listed on: 05/12/2020

Last Buyer's Agent

Ronald Wolfe

Ronald L. Wolfe & Assoc. Inc. License #00354504 Listed on: 05/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,902

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 67x230
  • Property is in good condition

Home Design

  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 1,685 Sq Ft Home
  • Fireplace
  • Dishwasher
  • Laundry in unit

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Patio

Location

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

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 027-121-014

Community Details

Overview

  • 3 Units
  • 15 Upper Eastside Subdivision

Building Details

  • Gross Income $111,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,902

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Income Expenses Annual Income: 111600.0
  • Gross Rent Multiplier: 19.49
  • Monthly Income: 9125.0
  • Miscellaneous Parking Spaces: 4.0
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Upper Eastside
  • Reso Flooring: Vinyl, Hardwood, Tile
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Apx # Acres: 0.36
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Parking Info Carport2: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Carport Spaces2: 2.0
  • Parking Info Total # Unconvered Spaces: 2.0
  • Foundation:Slab: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1685.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 15635.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Property Information Apx Lot Size FxD: 67x230
  • Amenities Dishwasher2: Yes
  • Amenities Patio2: Yes
  • Foundation Raised2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.36
  • Foundation Details: Slab, Mixed, Raised

Garage/Parking

  • Open Parking Spaces: 2.0
  • Parking Features: Carport, Uncovered, Mixed
  • Total Parking Spaces: 4.0

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 027-121-014
  • Zoning: R-2
  • Lot Size Sq Ft: 15635.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 111600.0
  • Total Actual Rent: 9125.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Oct 9, 2020
Sold by
Ashley Julia and The Ralph Family Revocable Tru
Bought by
Cohen Michael T and Cohen Suzanne K
Seller's Agent
Ronald Wolfe
Ronald L. Wolfe & Assoc. Inc.
Buyer's Agent
Ronald Wolfe
Ronald L. Wolfe & Assoc. Inc.
List Price
$2,175,000
Sold Price
$2,090,000
Premium/Discount to List
-$85,000
-3.91%
Current Estimated Value
$2,945,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$855,384
Avg. Annual Appreciation
7.07%
Original Mortgage
$1,426,425
Outstanding Balance
$1,295,043
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,623,398

Purchase Details

Listed on
May 12, 2020
Closed on
Sep 30, 2020
Sold by
Kaljian Diana Susan
Bought by
Kaljian Thomas E
Seller's Agent
Ronald Wolfe
Ronald L. Wolfe & Assoc. Inc.
Buyer's Agent
Ronald Wolfe
Ronald L. Wolfe & Assoc. Inc.
List Price
$2,175,000
Sold Price
$2,090,000
Premium/Discount to List
-$85,000
-3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,426,425
Outstanding Balance
$1,295,043
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,623,398

Purchase Details

Closed on
Apr 25, 2014
Sold by
Ashley Julia
Bought by
Ashley Julia

Purchase Details

Closed on
Jun 6, 2013
Sold by
Ashley Julia
Bought by
Ashley Julia
Source: Public Records

Range of Values:

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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
Cohen Michael T $2,038,000 First American Title Company
Kaljian Thomas E -- First American Title Company
Ashley Julia -- None Available
Ashley Julia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaljian Thomas E $1,426,425
Previous Owner Ashley Julia $100,000
Previous Owner Ashley Julia $185,562
Previous Owner Ashley Julia $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $2,090,000 -3.9% $1,240 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $2,175,000 -- $1,291 / 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 $22,902 $2,205,725 $1,217,736 $987,989
2023 $22,902 $2,120,075 $1,170,450 $949,625
2022 $22,101 $2,078,505 $1,147,500 $931,005
2021 $21,595 $2,037,750 $1,125,000 $912,750
2020 $4,780 $448,013 $189,433 $258,580
2019 $4,697 $439,229 $185,719 $253,510
2018 $4,630 $430,618 $182,078 $248,540
2017 $4,477 $422,175 $178,508 $243,667
2016 $4,439 $413,898 $175,008 $238,890
2014 $4,320 $399,697 $169,004 $230,693
Source: Public Records

Agents Affiliated with this Home

  • Ronald Wolfe

    Seller's Agent in 2020

    Ronald Wolfe

    Ronald L. Wolfe & Assoc. Inc.

    (805) 618-3223

    3 in this area

    6 Total Sales

    Ronald Wolfe
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1704

Santa Barbara Multiple Listing Service

APN: 027-121-014

California Santa Barbara County Santa Barbara 93101 Oak Park

321 E Valerio St, Santa Barbara, CA

This home is located at 321 E Valerio St, Santa Barbara, CA 93101 since 12 May 2020 and is currently estimated at $2,945,384, approximately $1,748 per square foot. 321 E Valerio St is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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