NOT LISTED FOR SALE

405 W Alamar Ave Santa Barbara, CA 93105

Oak Park Neighborhood

Estimated Value: $1,512,000 - $1,974,261

4 Beds
2 Baths
1,278 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold February 27, 2012

Last sale price $500,000 $391 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $10,026/month

57 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • 3-minute walk to Oak Park
  • San Marcos Senior High School Rated A
  • Garage

About This Home

As of February 2012

Great Duplex with both units 2 bedroom and 1 bath plus 1 car garage. Across from Oak Park and close to hospital.

Last Agent to Sell the Property

Sylvia Butler

Century 21 Masters License #00748668 Listed on: 09/20/2011

Century 21 Masters

Last Buyer's Agent

Kevin Schmidtchen

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,512

Year Built

  • Built in 1935

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

Parking

  • Garage

Home Design

  • Raised Foundation

Flooring

  • Wood
  • Carpet

Location

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

Schools

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 025-011-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,512

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1935
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: Other
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1935
  • Property Information Apx # Acres: 0.11
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Proximity Near Hospital2: Yes
  • Parking Info Garages: Yes
  • Foundation Raised2: Yes
  • Assessor's Data Assessor Year Built: 1935.0
  • Assessor's Data Assessor Lot Acres: 0.11
  • Special Features: 12
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.11
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Garages

Schools

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

Lot Info

  • Parcel #: 025-011-008
  • Zoning: R-2
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2016
Sold by
Morales Marcus and Morales Christina
Bought by
Morales Marcus
Current Estimated Value
$1,694,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Outstanding Balance
$432,210
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,262,355

Purchase Details

Closed on
Dec 23, 2014
Sold by
West Alamar Properties Llc
Bought by
Morales Marcus

Purchase Details

Closed on
Sep 19, 2013
Sold by
Morales Martin and Morales Kathryn
Bought by
West Alamar Properties Llc

Purchase Details

Listed on
Sep 20, 2011
Closed on
Jan 30, 2012
Sold by
Johnson Charles R and La Monica Gina L
Bought by
Morales Martin and Morales Kathryn
Seller's Agent
Sylvia Butler
Century 21 Masters
Buyer's Agent
Kevin Schmidtchen
Sotheby's International Realty
List Price
$660,000
Sold Price
$500,000
Premium/Discount to List
-$160,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$375,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2008
Sold by
Johnson Charles R and Lamonica Gina L
Bought by
Johnson Charles R and Lamonica Gina L

Purchase Details

Closed on
Mar 17, 2006
Sold by
Olson Jean E
Bought by
Lamonica Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Morales Marcus -- Fidelity National Title Co
Morales Marcus $197,500 None Available
West Alamar Properties Llc -- None Available
Morales Martin $500,000 Chicago Title Company
Johnson Charles R -- None Available
Johnson Charles R -- None Available
Lamonica Gina -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Marcus $533,850
Previous Owner West Alamar Properties Llc $197,390
Previous Owner Morales Martin $375,000
Previous Owner Lamonica Gina $205,000
Previous Owner Lamonica Gina $677,000
Previous Owner Olson Jean E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2012 02/27/12 Sold $500,000 -24.2% $391 / Sq Ft
11/16/2011 11/16/11 Pending -- -- --
09/20/2011 09/20/11 For Sale $660,000 -- $516 / 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 $9,512 $913,394 $492,753 $420,641
2023 $9,512 $877,928 $473,620 $404,308
2022 $9,179 $860,715 $464,334 $396,381
2021 $8,967 $843,839 $455,230 $388,609
2020 $8,875 $835,188 $450,563 $384,625
2019 $8,720 $818,813 $441,729 $377,084
2018 $8,597 $802,759 $433,068 $369,691
2017 $8,313 $787,020 $424,577 $362,443
2016 $8,162 $771,589 $416,252 $355,337
2014 $5,500 $512,315 $307,389 $204,926
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sylvia Butler

    Century 21 Masters

    (805) 455-2345

    1 in this area

    3 Total Sales

    Sylvia Butler
    Section Image

  • K

    Buyer's Agent in 2012

    Kevin Schmidtchen

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-3238

Santa Barbara Multiple Listing Service

APN: 025-011-008

California Santa Barbara County Santa Barbara 93105 Oak Park

405 W Alamar Ave, Santa Barbara, CA

This home is located at 405 W Alamar Ave, Santa Barbara, CA 93105 since 20 September 2011 and is currently estimated at $1,694,565, approximately $1,325 per square foot. This property was built in 1935. 405 W Alamar Ave is a home located in Santa Barbara County with nearby schools including Adams Elementary School, La Cumbre Junior High School, and San Marcos Senior High School.

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