NOT LISTED FOR SALE

Estimated Value: $902,000 - $1,012,772

10 Beds
-- Bath
1 Sq Ft
$945,693/Sq Ft Est. Value

Last Sold November 27, 2015

Last sale price $540,000 $540,000 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,914/month

456 Days on Market

Highlights

  • Barn
  • Separate Outdoor Workshop
  • Laundry Room
  • 0.69 Acre Lot
  • Cooling Available
  • Storage

About This Home

As of November 2015

Marketing Remarks: Tenative Parcel Map approved By County of Santa Barbara for 3 lots.Mixed use commercial/residential,check with county for possible uses.Lots of possibilities,multi-family,mini storage,restaurant,office complex,car lot/repair/wash,Day care,Chiropractor,??? Consists of 2 houses and a grandfathered older moble home and older barn type building.

Last Agent to Sell the Property

Timothy Gayda

Cornerstone Real Estate License #01869902 Listed on: 08/11/2014

Last Buyer's Agent

Timothy Gayda

Cornerstone Real Estate License #01869902 Listed on: 08/11/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,132

Year Built

  • Built in 1925

Lot Details

  • 0.69 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Shingle Roof
  • Rolled or Hot Mop Roof

Interior Spaces

  • 10 Bedrooms
  • 1 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Laundry Room

Parking

  • Parking Available
  • Private Parking
  • On-Site Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Natural Gas

Additional Features

  • Separate Outdoor Workshop
  • Barn

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, water, trash collection, electricity, cable TV
  • Assessor Parcel Number 105060013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,132

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Subdivision Name Other: Orcutt West(880)
  • Zoning: OTHR,R,COMR,COM
  • Property Type: Residential Income
  • Parcel Number: 105060013
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage, Ceiling Fan(s)
  • Levels: One

Exterior Features

  • Foundation: Raised, Pillar/Post/Pier
  • Other Structures: Barn(s), Workshop
  • Roof: Shingle, Rolled/Hot Mop

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Private

Utilities

  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace, Forced Air
  • Cooling: Yes

Lot Info

  • Lot Features: Paved, Level with Street
  • Lot Size Sq Ft: 30056.00
  • Lot Size Acres: 0.6900

Rental Info

  • Tenant Pays: Gas, Water, Trash Collection, Electricity, Cable TV

Multi Family

  • Lot Size Area: 0.6900 Acres
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2014
Closed on
Nov 2, 2015
Sold by
Smith James David and Smith Ruth Ann
Bought by
Smith Ruth Ann
Seller's Agent
Timothy Gayda
Cornerstone Real Estate
Buyer's Agent
Timothy Gayda
Cornerstone Real Estate
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$945,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,693
Avg. Annual Appreciation
6.11%

Purchase Details

Listed on
Aug 11, 2014
Closed on
Oct 13, 2015
Sold by
Gayda Timothy G and Thomas Peggy Oneal
Bought by
Smith Ruth Ann and Smith James Dustin
Seller's Agent
Timothy Gayda
Cornerstone Real Estate
Buyer's Agent
Timothy Gayda
Cornerstone Real Estate
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%

Purchase Details

Closed on
Nov 10, 2005
Sold by
Gayda Timothy and Gayda Peggy
Bought by
Gayda Timothy G and Gayda Peggy Oneal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2005
Sold by
Soares Steve M and Gayle Soares N
Bought by
Gayda Timothy and Gayda Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Kelly Nancy and Lucas Phyllis
Bought by
Soares Steve M and Gayle Soares N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,300
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2002
Sold by
Larsen Darrel
Bought by
Larsen Darrel L and Larsen Janet R
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
Smith Ruth Ann -- Fidelity National Title Co
Smith Ruth Ann $540,000 Fidelity National Title Co
Gayda Timothy G -- Stewart Title Of Ca Inc
Gayda Timothy $710,000 Stewart Title Of Ca Inc
Soares Steve M $477,000 Stewart Title Of Ca Inc
Larsen Darrel L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gayda Timothy G $30,000
Previous Owner Gayda Timothy $568,000
Previous Owner Soares Steve M $429,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2015 11/27/15 Sold $540,000 -5.1% $540,000 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
08/11/2014 08/11/14 For Sale $569,000 -- $569,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,132 $639,242 $497,191 $142,051
2023 $9,132 $614,422 $477,886 $136,536
2022 $8,866 $602,375 $468,516 $133,859
2021 $8,685 $590,565 $459,330 $131,235
2020 $8,617 $584,511 $454,621 $129,890
2019 $8,516 $573,051 $445,707 $127,344
2018 $8,383 $561,816 $436,968 $124,848
2017 $8,085 $550,800 $428,400 $122,400
2016 $7,783 $540,000 $420,000 $120,000
2015 $7,651 $530,000 $419,000 $111,000
2014 $7,324 $520,000 $411,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1055587

California Regional Multiple Listing Service (CRMLS)

APN: 105-060-013