NOT LISTED FOR SALE

401 Chapala St Unit 305 Santa Barbara, CA 93101

Estimated Value: $1,872,000 - $2,357,000

1 Bed
1.5 Baths
1,397 Sq Ft
$661/mo HOA Fee

Last Sold February 16, 2023

Last sale price $1,760,000 $1,260 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,881/month

94 Days on Market

About This Home

As of February 2023

THIS IS A MUST SEE IN PERSON! Unlike any other unit in the Sevilla building, unit 305 has been completely redone with taste and style. Replastered walls, new wood floors, and custom lighting transform this luxury condo into something new and exciting. Soaring ceilings and an open floor make the space feel spacious and inviting. Double French doors open onto a great sized usable patio with North-facing views of white stucco, red tile roofs and the Santa Barbara Riviera.

The location of the Sevilla building allows for its residents to enjoy all the appealing features of downtown. of Chapala Street and as far from the freeway as you can get. This really is a special unit in one of the most desirable buildings in Santa Barbara.

Last Agent to Sell the Property

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919 Listed on: 11/01/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Terence Alemann

Alemann and Associates License #01925020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,017

Year Built

  • Built in 2008

Lot Details

  • 1,307

HOA Fees

  • $661 Monthly HOA Fees

Home Design

  • 1,397 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Monroe Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Listing and Financial Details

  • Assessor Parcel Number 037-600-040

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,017

Year Built

Built in 2008

Lot Details

0

HOA Fees

$661 per month

Listing Details

  • Association Fee: 660.73
  • Prop. Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Condominium
  • Property Information Year Built2: 2008
  • Property Information Apx # Acres: 0.03
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Acres: 0.03

Schools

  • Elementary School: Monroe
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 037-600-040
  • Zoning: R-1
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Feb 13, 2023
Sold by
Thayer Family Wealth Trust
Bought by
Mull314 Llc
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$1,750,000
Sold Price
$1,760,000
Premium/Discount to List
$10,000
0.57%
Views
57
Current Estimated Value
$1,996,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,015
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 1, 2016
Sold by
Sevilla Associates Llc
Bought by
Thayer Edmund Thompson and Thayer Maria M
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ryan Curtis
Santa Barbara Brokers, Inc.
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$851,000
Interest Rate
3.56%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Mull314 Llc $1,760,000 Fidelity National Title
Thayer Edmund Thompson $1,250,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thayer Edmund Thompson $799,000
Previous Owner Thayer Edmund Thompson $851,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $1,760,000 +0.6% $1,260 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
11/01/2022 11/01/22 For Sale $1,750,000 +40.0% $1,253 / Sq Ft
08/09/2016 08/09/16 Sold $1,250,000 -5.7% $895 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $1,325,000 -- $948 / 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 $19,017 $1,831,104 $915,552 $915,552
2023 $19,017 $1,394,396 $697,198 $697,198
2022 $14,474 $1,367,056 $683,528 $683,528
2021 $14,141 $1,340,252 $670,126 $670,126
2020 $13,994 $1,326,510 $663,255 $663,255
2019 $13,749 $1,300,500 $650,250 $650,250
2018 $13,553 $1,275,000 $637,500 $637,500
2017 $13,104 $1,250,000 $625,000 $625,000
2016 $5,439 $510,214 $98,135 $412,079
2014 $5,293 $492,708 $94,768 $397,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3590

Santa Barbara Multiple Listing Service

APN: 037-600-040