NOT LISTED FOR SALE

323 A St Fillmore, CA 93015

Estimated Value: $1,817,197

-- Bed
5 Baths
4,980 Sq Ft
$365/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $1,556,000 $312 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,311/month

35 Days on Market

About This Home

As of January 2023

Stable mixed use 6-unit property located in the city of Fillmore. 11.1 x current rents (11.1 GRM). The offering includes 5 apartment units along with a long running popular Mexican restaurant set on a 14,000 SF lot with plenty of off-street parking. Within the last 3+ years exterior of the building was repainted and the driveway received a new slurry seal. The restaurant space, occupied for the last 15+ years by Taco Llama, is a popular Mexican food eatery with 4 years remaining on its lease with annual increases. Behind the restaurant is a 2-story apartment building with (2) 2BD/1BA apartments on the second floor and (3) 1BD/1BA units on the first floor. Opportunity exists for a new owner to increase total rental rates while also reducing utility costs.

Last Agent to Sell the Property

Nick Henry

Beachside Partners License #01748131 Listed on: 11/22/2022

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,831

Year Built

  • Built in 1960

Lot Details

  • 0.32

Community Details

  • 6 Units
  • Gross Income $148,140

Listing and Financial Details

  • Assessor Parcel Number 052-0-136-260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,831

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Income Expenses Annual Income: 148140.0
  • Gross Rent Multiplier: 11.1
  • Monthly Income: 12345.0
  • Property Information Year Built2: 1960
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

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

Lot Info

  • Parcel #: 052-0-136-260
  • Zoning: Other

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 148140.0
  • Total Actual Rent: 12345.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Jan 18, 2023
Sold by
Aqeel Mohammed
Bought by
Attias Family Trust
Seller's Agent
Nick Henry
Beachside Partners
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,650,000
Sold Price
$1,556,000
Premium/Discount to List
-$94,000
-5.7%
Views
74
Current Estimated Value
$1,817,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,197
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Torkay Vikotria and Dickerson Robert S
Bought by
Aqeel Mohammed and Aqeel Ruskhana

Purchase Details

Closed on
Apr 21, 2017
Sold by
Waldmier Kathleen F
Bought by
Dickran Robert S and 2005 Amended

Purchase Details

Closed on
Apr 19, 2010
Sold by
Rodriguez Victoriano and Rodriguez Marisela
Bought by
The Vwl Partnership

Purchase Details

Closed on
Nov 16, 2006
Sold by
Maffuccio James
Bought by
Rodriguez Victoriano and Rodriguez Marisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 2004
Sold by
Maffuccio Joy
Bought by
Maffuccio James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2004
Sold by
Bennett Richard Beach and Bennett Elizabeth May
Bought by
Maffuccio James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2003
Sold by
Bennett Richard B and Bennett Elizabeth
Bought by
Bennett Richard Beach and Bennett Elizabeth May

Purchase Details

Closed on
Dec 5, 2002
Sold by
Cotton Edna N
Bought by
Amherst Exchange Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 2002
Sold by
Amherst Exchange Corp
Bought by
Bennett Richard B and Bennett Elizabeth
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
Attias Family Trust $1,556,000 Lawyers Title
Aqeel Mohammed $1,070,000 Consumers Title Co
Dickran Robert S -- None Available
The Vwl Partnership -- None Available
Rodriguez Victoriano $1,100,000 National Title Company
Maffuccio James -- Ticor Title Company
Maffuccio James $570,000 Ticor Title Company
Bennett Richard Beach -- --
Amherst Exchange Corp $485,000 American Title Co
Bennett Richard B -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Victoriano $950,000
Previous Owner Maffuccio James $50,000
Previous Owner Maffuccio James $110,000
Previous Owner Maffuccio James $500,000
Previous Owner Amherst Exchange Corp $185,000
Previous Owner Cotton Edna M $94,000
Closed Aqeel Mohammed $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $1,556,000 -5.7% $312 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $1,650,000 -- $331 / 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 $17,831 $1,618,761 $320,443 $1,298,318
2024 $17,831 $1,587,070 $314,160 $1,272,910
2023 $13,255 $1,170,199 $202,325 $967,874
2022 $12,253 $1,147,254 $198,357 $948,897
2021 $13,950 $1,124,759 $194,467 $930,292
2020 $12,936 $1,113,228 $192,474 $920,754
2019 $12,974 $1,091,400 $188,700 $902,700
2018 $11,520 $968,823 $127,055 $841,768
2017 $8,547 $698,000 $90,000 $608,000
2016 $8,067 $698,000 $90,000 $608,000
2015 $7,706 $675,000 $88,000 $587,000
2014 $7,850 $675,000 $88,000 $587,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3800

Santa Barbara Multiple Listing Service

APN: 052-0-136-260