NOT LISTED FOR SALE

Estimated Value: $1,359,000 - $2,059,687

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold January 27, 2016

Last sale price $1,070,000

Est. 58% increase in value since last sale

Current estimated payment $10,300/month

13 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • 2 Car Detached Garage
  • San Marcos Senior High School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of January 2016

This immaculate and inviting multi-family home, tucked away in Santa Barbara’s Hidden Valley neighborhood is comprised of a 2 bedroom, 1.5 bath multi-level townhouse and 2 bedroom, 2 bath single level unit. Newly refurbished and redesigned, both units offer a tasteful blend of laminate floor living-spaces and carpeted bedrooms, with fully updated kitchens boasting quartz countertops and stainless appliances. This property is well suited for owner/user or investors and offers great income potential for anyone looking to make a savvy investment.

Last Agent to Sell the Property

Trey Evans

Evans Realty & Investments License #01421487 Listed on: 11/19/2015

Last Buyer's Agent

Trey Evans

Richardson Real Estate Services, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,172

Year Built

  • Built in 1972

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • Fireplace
  • Stove
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Location

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

Schools

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

Additional Features

  • Property is near an ocean
  • Forced Air Heating System

Community Details

  • 2 Units
  • 20 Hidden Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049-320-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,172

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1972
  • Meters Sep Meter Elec: N
  • Meters Sep Meter Gas: No
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 2.0
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 20 - Hidden Valley
  • Reso Flooring: Carpet, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1972
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Condo:Laundry in Unit: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Property Information Apx Lot SqFt: 5227.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Proximity Near Hospital2: Yes
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • Amenities Gas Stove2: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Detached3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.12
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garages, Gar #2, Detached
  • Total Parking Spaces: 2.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 049-320-032
  • Zoning: R-2
  • Lot Size Sq Ft: 5227.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Jan 4, 2016
Sold by
Mti Capital Inc
Bought by
The John A Winkel & Judy Winkel Revocabl and Winkel Judy
Seller's Agent
Trey Evans
Evans Realty & Investments
Buyer's Agent
Trey Evans
Richardson Real Estate Services, Inc.
List Price
$1,095,000
Sold Price
$1,070,000
Premium/Discount to List
-$25,000
-2.28%
Current Estimated Value
$1,692,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,172
Avg. Annual Appreciation
4.89%
Original Mortgage
$615,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2015
Sold by
Family Lodging Investment Properties Llc
Bought by
Mti Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,900
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2015
Sold by
Naranjo Raul and Naranjo Ana Bertha
Bought by
Mti Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,900
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1999
Sold by
Raul Naranjo and Luis Naranjo
Bought by
Naranjo Raul and Naranjo Ana Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
3.45%

Purchase Details

Closed on
Oct 10, 1994
Sold by
Berggreen Arthur C and Berggreen Barbara J
Bought by
Naranjo Raul and Tamayo Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
8.78%
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
The John A Winkel & Judy Winkel Revocabl $1,070,000 Chicago Title Company
Mti Capital Inc $353,000 Chicago Title
Mti Capital Inc $706,000 None Available
Naranjo Raul -- First American Title Co
Naranjo Raul $292,000 Santa Barbara Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winkel John A $568,000
Closed The John A Winkel & Judy Winkel Revocabl $615,000
Previous Owner Mti Capital Inc $458,900
Previous Owner Naranjo Raul $620,400
Previous Owner Naranjo Raul $155,000
Previous Owner Naranjo Raul $598,000
Previous Owner Naranjo Raul $343,000
Previous Owner Naranjo Raul $262,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $1,070,000 -2.3% --
12/02/2015 12/02/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $1,095,000 -- --
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 $13,172 $1,266,656 $591,896 $674,760
2023 $13,172 $1,217,472 $568,913 $648,559
2022 $12,711 $1,193,601 $557,758 $635,843
2021 $12,419 $1,170,198 $546,822 $623,376
2020 $12,291 $1,158,201 $541,216 $616,985
2019 $12,077 $1,135,492 $530,604 $604,888
2018 $11,906 $1,113,228 $520,200 $593,028
2017 $11,513 $1,091,400 $510,000 $581,400
2016 $9,007 $852,810 $446,710 $406,100
2015 $5,102 $475,781 $222,210 $253,571
2014 $5,020 $466,462 $217,858 $248,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3773

Santa Barbara Multiple Listing Service

APN: 049-320-032