NOT LISTED FOR SALE

348 2nd St Solvang, CA 93463

Estimated Value: $1,087,000 - $1,224,000

3 Beds
2 Baths
1,150 Sq Ft
$987/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $880,000 $765 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,714/month

48 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • Cottage
  • Solvang Elementary School Rated A
  • Lawn
  • Patio

About This Home

As of July 2018

Close to downtown Solvang you will find this charming home with a legal second residence. On a spacious .24ac lot, completely fenced with a beautiful patio in the front and back yards each shaded by large, mature oak trees. As you enter the home, you will find the warm wood flooring to be complementary to the crisp white walls, which will lead you into the completely upgraded, open concept kitchen. With carrara marble counter tops, stainless steel appliances and designer back splash. Off the kitchen you will find the master bedroom, with upgraded bathroom, complete with a marble tiled, rainfall shower. On the other side of the house you will find two additional bedrooms with a separate full bathroom. An alley services the back of the property and additional one bedroom unit. A rare find. and an additional updated full bathroom, with marble counter top. The huge backyard has a lovely stone fire pit, plenty of space for entertaining and access to the back alley. This is also where you have access to your legal 1 bedroom, 1 bathroom second residence, which is currently being rented for $1450/month.

Last Agent to Sell the Property

Allan S. Jones

Santa Ynez Valley Real Estate License #00984793 Listed on: 04/24/2018

Last Buyer's Agent

Michael Brady

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Fenced
  • Level Lot
  • Irrigation
  • Lawn

Parking

  • 2 Carport Spaces

Home Design

  • Cottage
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Additional Residence on Property
  • City Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Solvang Community

Listing and Financial Details

  • Assessor Parcel Number 139-213-012

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • Road Frontage Type: Alley
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood, Tile
  • Unit Levels: Single Story
  • Reso Other Structures: Second Residence
  • Property Information Year Built2: 1948
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Dining In Kitchen4: Yes
  • Location Info Development Name: Solvang
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Other Buildings Second Residence2: Yes
  • Amenities Second Residence: Yes
  • FlrWdw Coverings Wood2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Total # Carport Spaces: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Tile
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Raised

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

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

Lot Info

  • Parcel #: 139-213-012
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 28, 2018
Sold by
Adler Samantha Robin and The Samantha R Adler Family Tr
Bought by
Blanchard David P and Blanchard Heather A
Seller's Agent
Allan S. Jones
Santa Ynez Valley Real Estate
Buyer's Agent
Michael Brady
Sotheby's International Realty
List Price
$895,000
Sold Price
$880,000
Premium/Discount to List
-$15,000
-1.68%
Current Estimated Value
$1,135,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,072
Avg. Annual Appreciation
3.38%
Original Mortgage
$310,000
Outstanding Balance
$187,573
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$947,499

Purchase Details

Closed on
Jul 1, 2015
Sold by
Adler Samantha R
Bought by
Adler Samantha Robin and Samantha R Adler Family Trust

Purchase Details

Closed on
Sep 29, 2014
Sold by
Bailey Todd D and Bailey Pamela J
Bought by
Adler Samantha R

Purchase Details

Closed on
Nov 12, 2007
Sold by
Bailey Todd D and Bailey Pamela J
Bought by
Bailey Todd D and Bailey Pamela J

Purchase Details

Closed on
Jun 23, 2000
Sold by
Christensen Jeanette
Bought by
Bailey Todd D and Bailey Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
8.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blanchard David P $880,000 First American Title
Adler Samantha Robin -- None Available
Adler Samantha R $655,000 Chicago Title Company
Bailey Todd D -- Fatco
Bailey Todd D $292,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanchard David P $310,000
Previous Owner Bailey Todd D $233,600
Closed Bailey Todd D $29,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $880,000 -1.7% $765 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $895,000 -- $778 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $10,480 $996,806 $390,429 $606,377
2023 $10,480 $958,101 $375,269 $582,832
2022 $10,133 $939,315 $367,911 $571,404
2021 $9,946 $918,898 $360,698 $558,200
2020 $9,673 $897,600 $357,000 $540,600
2019 $9,479 $880,000 $350,000 $530,000
2018 $7,485 $691,852 $316,879 $374,973
2017 $7,358 $678,287 $310,666 $367,621
2016 $7,105 $664,988 $304,575 $360,413
2015 $6,825 $655,000 $300,000 $355,000
2014 $3,907 $370,822 $219,410 $151,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1414

Santa Barbara Multiple Listing Service

APN: 139-213-012

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