$1,400,000
SOLD FEB 6, 2025
3 Beds
2 Baths
1,081 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$1,295 Per Sq Ft

12% Below List Price

54 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • No HOA
  • San Marcos Senior High School Rated A
  • Ranch Style House
  • Detached Garage

About This Home

As of February 2025

Rare investment opportunity in the Mesa!
House needs major renovation/remodel and TLC. However, This is a rare find in the Mesa in this price range! So many possibilities! This property is sold as is!

Last Agent to Sell the Property

Christine Protus

Berkshire Hathaway HomeServices California Properties License #02225666 Listed on: 11/21/2024

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Hristo Hristov

Berkshire Hathaway HomeServices California Properties License #01978598

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Property is in below average condition

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,081 Sq Ft Home
  • Family Room with Fireplace
  • Dining Area
  • Built-In Electric Oven
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property is near an ocean

Location

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

Schools

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

Utilities

  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041-305-001
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Community Details

Overview

  • No Home Owners Association
  • 20 Mesa Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$805

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Kitchen
  • ResoLotFeatures: Level, Near Public Transit
  • Road Frontage Type: Easement
  • Subdivision Name: 20 - Mesa
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Fixer, Poor
  • Property Information Year Built2: 1950
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Fireplace(s) Family Room3: Yes
  • Proximity Near Bus: Yes
  • ParkingGarage Detached: Yes
  • Electric All Electric: Yes
  • Site Improvements Cable TV3: Yes
  • Condition Fixer2: Yes
  • Laundry In Kitchen3: Yes
  • Condition Poor: Yes
  • Status Information Seller Concessions3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Electric Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Total Bedrooms: 6
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.14
  • Topography: Level

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 041-305-001
  • Zoning: R-1
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Jan 27, 2025
Sold by
Leon O Wright Jr Living Trust and Wright Christy Anne
Bought by
J & D Oliver Llc
Seller's Agent
Christine Protus
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Hristo Hristov
Berkshire Hathaway HomeServices California Properties
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%
Views
46
Current Estimated Value
$1,580,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,553
Avg. Annual Appreciation
17.06%
Original Mortgage
$1,050,000
Outstanding Balance
$1,044,605
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$496,601

Purchase Details

Closed on
Sep 5, 2019
Sold by
Wright Leon O and Wright Trust
Bought by
Wright Leon O and Leon O Wright Jr Living Trust

Purchase Details

Closed on
Mar 26, 2003
Sold by
Wright Trust and Wright Dorothy F
Bought by
Wright Dorothy F and Wright Leon O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 18, 2002
Sold by
The Wright Trust and Wright Dorothy F
Bought by
Wright Dorothy F and Wright Leon O
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 Type Sale Price Title Company
Grant Deed $1,400,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 New Conventional
Previous Owner $1,456,200 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $1,089,787 Stand Alone Refi Refinance Of Original Loan
Previous Owner $330,000 New Conventional
Previous Owner $331,000 New Conventional
Previous Owner $340,000 New Conventional
Previous Owner $365,000 Unknown
Previous Owner $165,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $15,000 Credit Line Revolving
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $1,400,000 -12.5% $1,295 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $1,600,000 0.0% $1,480 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $1,600,000 -5.9% $1,480 / Sq Ft
10/30/2024 10/30/24 For Sale $1,700,000 -- $1,573 / 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 $805 $80,432 $31,740 $48,692
2023 $805 $77,310 $30,508 $46,802
2022 $773 $75,795 $29,910 $45,885
2021 $752 $74,310 $29,324 $44,986
2020 $743 $73,549 $29,024 $44,525
2019 $728 $72,107 $28,455 $43,652
2018 $716 $70,695 $27,898 $42,797
2017 $691 $69,309 $27,351 $41,958
2016 $762 $67,951 $26,815 $41,136
2014 $742 $65,622 $25,896 $39,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-3577

Santa Barbara Multiple Listing Service

APN: 041-305-001