NOT LISTED FOR SALE

4040 Primavera Rd Unit 6 Santa Barbara, CA 93110

Hope Neighborhood

Estimated Value: $912,000 - $1,244,000

2 Beds
2 Baths
920 Sq Ft
$520/mo HOA Fee

Last Sold July 11, 2022

Last sale price $1,050,000 $1,141 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,076/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Property is near park, public transit, schools, shops, and bus stop
  • Forced Air Heating System
  • Hope Elementary School Rated A
  • Direct Access Garage
  • Laundry Facilities

About This Home

As of July 2022

Experience serenity in this carefully updated 2 bedroom, 2 bath condo conveniently located near Santa Barbara's State Street. Enjoy the private, light-filled patio, perfect for relaxing, entertaining, and indoor/outdoor living. The tall ceilings in the living room invite ample light and an expansive feel.

Last Agent to Sell the Property

Terence Alemann

Alemann and Associates License #01925020 Listed on: 05/26/2022

Last Buyer's Agent

Mike Cowans

Century 21 Masters License #01319580

Century 21 Masters

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Back Yard Fenced
  • Property is in excellent condition

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 920 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Direct Access Garage
  • Carport

Location

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

Schools

  • Hope Elementary School
  • Lacolina Middle School
  • S.B. Sr. High School

Additional Features

  • Stepless Entry
  • Outdoor Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 057-350-006

Community Details

Overview

  • Association fees include insurance, prop mgmt, comm area maint

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Association Fee: $520
  • Prop. Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Near Public Transit
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Prop Mgmt, Comm Area Maint
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs)
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1985
  • Property Information Apx # Acres: 0.02
  • NeighborhoodSchools Elementary School: Hope
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Cpt #12: Yes
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Gar #12: Yes
  • Proximity Near Hospital2: Yes
  • Laundry Common Area2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Construction Type: Stucco
  • Acres: 0.02
  • Exterior Features: Pool, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #1, Cpt #1, Interior Access, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Hope
  • High School: S.B. Sr.
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 057-350-006
  • Zoning: Other
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jun 21, 2022
Sold by
Elisa P Garcia Family Trust
Bought by
Lotterio Family Trust
Seller's Agent
Terence Alemann
Alemann and Associates
Buyer's Agent
Mike Cowans
Century 21 Masters
List Price
$949,000
Sold Price
$1,050,000
Premium/Discount to List
$101,000
10.64%
Current Estimated Value
$1,070,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,456
Avg. Annual Appreciation
0.55%
Original Mortgage
$640,000
Outstanding Balance
$608,053
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$462,403

Purchase Details

Closed on
Sep 14, 2021
Sold by
Garcia Elisa P
Bought by
Garcia Elisa P and Elisa P Garcia Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2021
Sold by
Garcia Elisa P and Garcia Bonnie
Bought by
Garcia Elisa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2019
Sold by
Garcia Elisa Primetta
Bought by
Garcia Elisa P and Garcia Bonnie

Purchase Details

Listed on
Jul 10, 2019
Closed on
Jun 19, 2019
Sold by
Garcia Bonnie Marie
Bought by
Garcia Elisa Primetta
Seller's Agent
Jon Mahoney
Keller Williams Realty Santa Barbara
Buyer's Agent
Jon Mahoney
Coldwell Banker Realty
List Price
$620,500
Sold Price
$620,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$558,400
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2016
Sold by
Moore Susan E
Bought by
Moore Susan E

Purchase Details

Closed on
Jul 3, 2007
Sold by
Driscoll Frances E
Bought by
Moore Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,800
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1994
Sold by
Driscoll Frances E
Bought by
Driscoll Frances E
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
Lotterio Family Trust $1,050,000 First American Title
Garcia Elisa P -- None Available
Garcia Elisa P -- First American Title Company
Garcia Elisa P -- None Available
Garcia Elisa Primetta -- Fidelity National Title Co
Garcia Elisa Primetta $620,500 Fidelity National Title Co
Moore Susan E -- None Available
Moore Susan E -- Chicago Title Company
Driscoll Frances E -- --
Driscoll Frances E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lotterio Family Trust $640,000
Previous Owner Garcia Elisa P $480,000
Previous Owner Garcia Elisa Primetta $558,400
Previous Owner Moore Susan E $472,800
Closed Garcia Elisa Primetta $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2022 07/11/22 Sold $1,050,000 0.0% $1,141 / Sq Ft
07/11/2022 07/11/22 Off Market $1,050,000 -- --
06/02/2022 06/02/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $949,000 +52.9% $1,032 / Sq Ft
07/10/2019 07/10/19 Sold $620,500 0.0% $674 / Sq Ft View Prior Sale
07/10/2019 07/10/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $620,500 -- $674 / 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 $11,569 $1,092,420 $546,210 $546,210
2023 $11,569 $1,050,000 $525,000 $525,000
2022 $6,981 $639,464 $412,225 $227,239
2021 $6,731 $626,927 $404,143 $222,784
2020 $6,660 $620,500 $400,000 $220,500
2019 $6,179 $588,000 $389,000 $199,000
2018 $6,178 $588,000 $389,000 $199,000
2017 $5,823 $560,000 $370,000 $190,000
2016 $5,541 $533,000 $352,000 $181,000
2015 $5,294 $507,000 $335,000 $172,000
2014 $5,062 $483,000 $319,000 $164,000
Source: Public Records

Agents Affiliated with this Home

  • Terence Alemann

    Seller's Agent in 2022

    Terence Alemann

    Alemann and Associates

    (805) 637-3378

    3 in this area

    118 Total Sales

    Terence Alemann
    Section Image
  • Mike Cowans

    Buyer's Agent in 2022

    Mike Cowans

    Century 21 Masters

    (805) 698-0006

    1 in this area

    15 Total Sales

    Mike Cowans
    Section Image
  • Jon Mahoney

    Seller's Agent in 2019

    Jon Mahoney

    Keller Williams Realty Santa Barbara

    (805) 689-0532

    1 in this area

    39 Total Sales

    Jon Mahoney
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1705

Santa Barbara Multiple Listing Service

APN: 057-350-006

California Santa Barbara County Santa Barbara 93110 Hope

4040 Primavera Rd Unit 6, Santa Barbara, CA

Not Listed for Sale

Condos

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