NOT LISTED FOR SALE

404 Old Coast Hwy Santa Barbara, CA 93103

Eastside Neighborhood

Estimated Value: $1,251,000 - $1,830,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $800,000

Est. 79% increase in value since last sale

Current estimated payment $8,612/month

4 Days on Market

Highlights

  • Property is near an ocean
  • Property is near public transit
  • Tile Flooring
  • Santa Barbara Senior High School Rated A-
  • 2 Car Detached Garage
  • 4-minute walk to Santa Barbara Municipal Tennis Court

About This Home

As of September 2016

Great investment. Duplex that features 2 bedroom 1.5 bath two story units. Both units have a fireplace in living room. Spacious bedrooms with vaulted wood beamed ceilings. Private yards. 2 car carport and additional open parking. Corner lot location. Close to the beach, shopping centers, bus stop, public tennis courts, elementary school and easy access to freeway.

Last Agent to Sell the Property

Tania Martinez

Keller Williams Realty Santa Barbara License #01299477 Listed on: 05/09/2016

Keller Williams Realty Santa Barbara

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,668

Year Built

  • Built in 1978

Lot Details

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

Home Design

  • Slab Foundation

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 2 Car Detached Garage
  • Carport

Location

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

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Stove
  • Property is near an ocean
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 017-343-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,668

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • Miscellaneous Parking Spaces: 2.0
  • ResoLotFeatures: Near Public Transit
  • Carport Y N: Yes
  • Reso Flooring: Vinyl, Carpet, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1978
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6098.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Property Information Apx Lot Size FxD: 927 each unit
  • Amenities Gas Stove2: Yes
  • Parking Info Detached3: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.14
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Cpt #2, Detached
  • Total Parking Spaces: 2.0

Schools

  • Elementary School: Cleveland
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 017-343-001
  • Zoning: Other
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2018
Sold by
Alamar Ii Llc
Bought by
Pini Dario L and The Dario L Pini Trust
Current Estimated Value
$1,432,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,390,000
Outstanding Balance
$2,962,349
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$1,529,657

Purchase Details

Listed on
May 9, 2016
Closed on
Sep 8, 2016
Sold by
Reyes Jaime and Reyes Gregoria
Bought by
Alamar Ii Llc
Seller's Agent
Tania Martinez
Keller Williams Realty Santa Barbara
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$835,000
Sold Price
$800,000
Premium/Discount to List
-$35,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$600,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
Leong C Raymond and Leong Jen
Bought by
Reyes Jaime and Reyes Gregoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.87%
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
Pini Dario L -- Chicago Title Co
Alamar Ii Llc $800,000 Chicago Title Company
Reyes Jaime $465,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pini Dario L $3,390,000
Previous Owner Alamar Ii Llc $600,000
Previous Owner Reyes Jaime $533,850
Previous Owner Reyes Jaime $436,000
Previous Owner Reyes Jaime $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $800,000 -4.2% --
05/13/2016 05/13/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $835,000 -- --
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 $9,668 $928,462 $493,245 $435,217
2023 $9,668 $892,411 $474,093 $418,318
2022 $9,330 $874,914 $464,798 $410,116
2021 $9,114 $857,760 $455,685 $402,075
2020 $9,020 $848,966 $451,013 $397,953
2019 $8,863 $832,320 $442,170 $390,150
2018 $8,738 $816,000 $433,500 $382,500
2017 $8,449 $800,000 $425,000 $375,000
2016 $6,291 $591,883 $413,683 $178,200
2014 $6,122 $571,575 $399,489 $172,086
Source: Public Records

Agents Affiliated with this Home

  • Tania Martinez

    Seller's Agent in 2016

    Tania Martinez

    Keller Williams Realty Santa Barbara

    (805) 729-0174

    52 Total Sales

    Tania Martinez
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1538

Santa Barbara Multiple Listing Service

APN: 017-343-001

California Santa Barbara County Santa Barbara 93103 Eastside

404 Old Coast Hwy, Santa Barbara, CA

This home is located at 404 Old Coast Hwy, Santa Barbara, CA 93103 since 09 May 2016 and is currently estimated at $1,432,692. This property was built in 1978. 404 Old Coast Hwy is a home located in Santa Barbara County with nearby schools including Cleveland Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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