NOT LISTED FOR SALE

Estimated Value: $1,539,000 - $2,062,686

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

Last Sold December 05, 2023

Last sale price $1,272,500

Est. 39% increase in value since last sale

Current estimated payment $10,304/month

33 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • 4 Car Garage
  • San Marcos Senior High School Rated A-
  • Fireplace
  • Carpet

About This Home

As of December 2023

OPPORTUNITY NOCKS! Situated on a tranquil street in the beautiful Hidden Vally neighborhood, this duplex presents an exceptional opportunity for an owner user or an investor. The property is being offered vacant allowing the new buyer endless possibilities. New paint, new carpets and while in original condition, the interior of each unit showcases the potential for customization and improvement. Each unit offers 2 bedroom, 1 and half bathrooms, fire place in the living room, laundry area and private patio. The property has plenty of parking with a detached two car garage, space for two more cars next to the property and street parking available. There is a storage unit behind the garage offering extra space. With it's prime location, possibilities to rent both or live in one and rent the other, and potential for improvement, this duplex is a rare find.

Last Agent to Sell the Property

Karina Matic

Berkshire Hathaway HomeServices California Properties License #01726170 Listed on: 10/16/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Rachael Bissig

Village Properties - 1 License #01517830

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 5,227

Home Design

  • Slab Foundation

Interior Spaces

  • Fireplace
  • Dishwasher
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Car Garage
  • On-Street Parking
  • Uncovered Parking

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital

Schools

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

Additional Features

  • Property is near an ocean
  • Property is in average condition
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 049-320-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1966
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 4.0
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Vinyl, Carpet
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1966
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Condo:Laundry in Unit: Yes
  • Parking Info Uncovered: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Property Information Apx Lot Size FxD: 5,227
  • Proximity Near Hospital2: Yes
  • Parking Info Gar #24: Yes
  • Amenities Dishwasher2: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Uncovered, Street, Gar #2
  • Total Parking Spaces: 4.0

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 049-320-014
  • Zoning: R-2
  • ResoLotSizeUnits: Apx Lot Size FxD

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 30, 2023
Sold by
Delgado Family Trust and Gene Sloan Hall
Bought by
Amalfi 3723 Llc
Seller's Agent
Karina Matic
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rachael Bissig
Village Properties - 1
List Price
$1,450,000
Sold Price
$1,272,500
Premium/Discount to List
-$177,500
-12.24%
Views
64
Current Estimated Value
$1,767,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,172
Avg. Annual Appreciation
16.44%

Purchase Details

Closed on
Jun 19, 2023
Sold by
Endo Trust
Bought by
Gene Sloan Hall And Keyko Tsuchiya Hall Famil and Delgado

Purchase Details

Closed on
Apr 26, 2023
Sold by
Delgado Cynthia T
Bought by
Delgado Family Trust

Purchase Details

Closed on
Oct 10, 2014
Sold by
Ng Barney
Bought by
Ng Lexie Iku
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
Amalfi 3723 Llc $1,272,500 Chicago Title Company
Gene Sloan Hall And Keyko Tsuchiya Hall Famil $400,000 Fidelity National Title Compan
Delgado Family Trust -- None Listed On Document
Delgado Cynthia T -- None Listed On Document
Ng Lexie Iku -- First American Title Company
Hall Keyko Tsuchiya $200,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2023 12/05/23 Sold $1,272,500 0.0% --
12/05/2023 12/05/23 Sold $1,272,500 -12.2% -- View Prior Sale
11/18/2023 11/18/23 Pending -- -- --
11/18/2023 11/18/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $1,450,000 0.0% --
09/22/2023 09/22/23 Price Changed $1,450,000 -6.5% --
07/26/2023 07/26/23 Price Changed $1,550,000 -6.1% --
07/10/2023 07/10/23 For Sale $1,650,000 -- --
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 $13,497 $1,297,950 $685,950 $612,000
2023 $13,497 $359,197 $167,123 $192,074
2022 $3,783 $352,155 $163,847 $188,308
2021 $3,694 $345,251 $160,635 $184,616
2020 $3,656 $341,711 $158,988 $182,723
2019 $3,592 $335,012 $155,871 $179,141
2018 $3,541 $328,444 $152,815 $175,629
2017 $3,424 $322,005 $149,819 $172,186
2016 $3,416 $315,692 $146,882 $168,810
2014 $1,342 $115,644 $33,902 $81,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3133

Santa Barbara Multiple Listing Service

APN: 049-320-014