NOT LISTED FOR SALE

Estimated Value: $1,458,000 - $2,023,767

5 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $920,000

Est. 101% increase in value since last sale

Current estimated payment $11,001/month

398 Days on Market

Highlights

  • Property is near public transit
  • Community Pool
  • Fireplace
  • San Marcos Senior High School Rated A
  • 5 Car Detached Garage
  • Patio

About This Home

As of November 2015

Highly desirable duplex in great SB area. Spaceous 2/2 unit in front. Beautiful 2 story 3/2 with all tile floor downstairs. Both units have large living rooms, fireplaces, private patios, master bedrooms & garages. Swimming pool, additional off street parking. Nice opportunity for owner occupied in back and rental (or mom/dad) in front. Own a piece of Santa Barbara! Won't last long - a great buy!

Last Agent to Sell the Property

Mark King

Murphy King Real Estate Listed on: 07/14/2015

Last Buyer's Agent

Jeff Reeves

Village Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,333

Year Built

  • Built in 1967

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Back Yard Fenced
  • Property is in good condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Detached Garage
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 049-320-005

Community Details

Overview

  • 2 Units
  • 10 Hidden Valley Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Building Details

  • New Taxes Expense $9,636
  • Gross Income $52,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,333

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1967
  • Income Expenses Annual Income: 52500.0
  • Monthly Income: 4375.0
  • Miscellaneous Parking Spaces: 5.0
  • Building Stories: 2
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 10 - Hidden Valley
  • Reso Flooring: Vinyl, Carpet, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1967
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Parking Info Uncovered: Yes
  • Foundation:Slab: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Apx Lot SqFt: 6098.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Property Information Apx Lot Size FxD: 50 x 120
  • Pets Yes: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Fncd Back: Yes
  • HeatingCooling GFA: Yes
  • Amenities Patio2: Yes
  • Parking Info Detached3: Yes
  • IncomeExpenses Taxes6: 9636.0
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Elec Stove: Yes
  • Amenities Fncd Prt: Yes
  • Parking Info Street: Yes
  • HeatingCooling AC None2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.14
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garages, Uncovered, Street, Detached
  • Total Parking Spaces: 5.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes
  • Association Amenities:Cable TV: Yes
  • Community Amenities:Pool2: Yes

Schools

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

Lot Info

  • Parcel #: 049-320-005
  • Zoning: R-2
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 52500.0
  • Total Actual Rent: 4375.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Savellano Jamison and Savellano Ann Marie
Bought by
Sb Savellano Family Trust and Savellano
Current Estimated Value
$1,845,692

Purchase Details

Closed on
Sep 8, 2015
Sold by
Gobuty Bob M and Gobuty Vyvyan
Bought by
Savellano Jamison and Savellano Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2006
Sold by
Gobuty Bob M and Gobuty Vyvyan
Bought by
Gobuty Bob M and Gobuty Vyvyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 16, 2002
Sold by
Hadley Joan
Bought by
Gobuty Bob M and Gobuty Vyvyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,310
Interest Rate
5.25%

Purchase Details

Closed on
Feb 22, 1999
Sold by
Herbert Walker
Bought by
Hadley Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,925
Interest Rate
3.95%
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
Sb Savellano Family Trust -- None Listed On Document
Savellano Jamison $920,000 First American Title Company
Gobuty Bob M -- Stewart Title Of Ca Inc
Gobuty Bob M $771,500 Fidelity National Title Co
Hadley Joan $500,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savellano Jamison $644,000
Previous Owner Gobuty Bob M $850,000
Previous Owner Gobuty Bob M $578,310
Previous Owner Hadley Joan $374,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $920,000 -19.3% --
09/07/2015 09/07/15 Pending -- -- --
08/05/2014 08/05/14 For Sale $1,139,950 -- --
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 $11,333 $1,089,086 $532,705 $556,381
2023 $11,333 $1,046,797 $512,020 $534,777
2022 $10,936 $1,026,273 $501,981 $524,292
2021 $10,684 $1,006,151 $492,139 $514,012
2020 $10,574 $995,835 $487,093 $508,742
2019 $10,390 $976,310 $477,543 $498,767
2018 $10,243 $957,168 $468,180 $488,988
2017 $9,904 $938,400 $459,000 $479,400
2016 $9,707 $920,000 $450,000 $470,000
2015 $9,841 $929,211 $542,286 $386,925
2014 $9,680 $911,010 $531,664 $379,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-2471

Santa Barbara Multiple Listing Service

APN: 049-320-005