NOT LISTED FOR SALE

Estimated Value: $1,528,000 - $2,037,314

4 Beds
2 Baths
1,812 Sq Ft
$942/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $1,325,000 $731 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,651/month

46 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Hilly Lot
  • San Marcos Senior High School Rated A
  • Contemporary Architecture
  • Property is near a park

About This Home

As of December 2022

This is a duplex with 2 units. Beautiful mountain views from this two level duplex located in the center of town. Each has 2 bedrooms/1 bath in 906 sq ft with the downstairs unit having a large covered deck and fenced turf area. Laundry is inside each unit. Two car carport could easily be turned into a garage or ADU with plenty of additional parking. This location offers easy access to the freeway, Earl Warren Showgrounds, up-town, mid-town and down-town. Lots of potential with a little love.

Last Agent to Sell the Property

Ruth Ann Bowe

Village Properties - 1 License #01751940 Listed on: 09/08/2022

Co-Listed By

RAB Collective

Village Properties - 1 License #01751940 / 02074885 / 02078391 / 02074888

Last Buyer's Agent

Stephen Slavin

Sotheby's International Realty License #00493760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,331

Year Built

  • Built in 1971

Lot Details

  • 6,098 Sq Ft Lot
  • Hilly Lot
  • Property is in average condition
  • Property is zoned E-3

Parking

  • Carport

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Mountain Views

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Gas Dryer Hookup

Outdoor Features

  • Property is near an ocean

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 051-353-003

Community Details

Overview

  • 2 Units
  • 20 Samarkand Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,331

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: Las Positas to Baldwin to Romaine
  • Prop. Type: Residential
  • Year Built: 1971
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, In Kitchen
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: vip01
  • Co List Office Phone: 805-681-8800
  • Subdivision Name: 20 - Samarkand
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Tile, Vinyl
  • Unit Levels: Two, Outside Stairs
  • New Construction: No
  • Reso Property Condition: Average, Fair
  • Property Information Year Built2: 1971
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Exterior:Stucco: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Property Information Apx Lot SqFt: 6098.0
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Laundry Gas Hookup2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Condition Fair2: Yes
  • Foundation Raised: Yes
  • Dining In Living Room2: Yes
  • Laundry In Kitchen3: Yes
  • Condition Average2: Yes
  • ParkingGarage Cpt #22: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Heating Wall: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 0.14
  • Topography: Hilly
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #2

Utilities

  • Heating: Wall
  • HeatingYN: Yes
  • Water Source: SB Wtr

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 051-353-003
  • Zoning: E-3
  • Lot Size Sq Ft: 6098.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Nov 16, 2022
Sold by
Devillarreal Maria T Hinojosa
Bought by
Villarreal Carlos
Seller's Agent
Ruth Ann Bowe
Village Properties - 1
Buyer's Agent
Stephen Slavin
Sotheby's International Realty
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%
Views
24
Current Estimated Value
$1,707,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,329
Avg. Annual Appreciation
8.83%
Original Mortgage
$993,750
Outstanding Balance
$967,854
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$686,037

Purchase Details

Listed on
Sep 8, 2022
Closed on
Nov 15, 2022
Sold by
Villarreal Teresita
Bought by
Villarreal Francisco J
Seller's Agent
Ruth Ann Bowe
Village Properties - 1
Buyer's Agent
Stephen Slavin
Sotheby's International Realty
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Outstanding Balance
$967,854
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$686,037

Purchase Details

Listed on
Sep 8, 2022
Closed on
Nov 2, 2022
Sold by
Seligman Family Trust
Bought by
Villarreal Francisco J and Villarreal Carlos
Seller's Agent
Ruth Ann Bowe
Village Properties - 1
Buyer's Agent
Stephen Slavin
Sotheby's International Realty
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Outstanding Balance
$967,854
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$686,037

Purchase Details

Closed on
Sep 28, 2018
Sold by
Seligman Michael R and Seligman Brigitte
Bought by
Seligman Michael R and Seligman Brigitte
Source: Public Records

Range of Values:

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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
Villarreal Carlos -- First American Title
Villarreal Francisco J -- First American Title
Villarreal Francisco J $1,325,000 First American Title
Seligman Michael R -- None Available
Seligman Michael R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villarreal Carlos $993,750
Closed Villarreal Francisco J $993,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $1,325,000 -5.4% $731 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $1,400,000 -6.7% $773 / Sq Ft
09/07/2022 09/07/22 For Sale $1,500,000 -- $828 / 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
2023 $14,331 $1,325,000 $660,000 $665,000
2022 $5,799 $542,176 $339,926 $202,250
2021 $5,664 $531,546 $333,261 $198,285
2020 $5,606 $526,096 $329,844 $196,252
2019 $5,508 $515,781 $323,377 $192,404
2018 $5,430 $505,669 $317,037 $188,632
2017 $5,251 $495,755 $310,821 $184,934
2016 $5,190 $486,035 $304,727 $181,308
2014 $5,050 $469,358 $294,271 $175,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3033

Santa Barbara Multiple Listing Service

APN: 051-353-003