NOT LISTED FOR SALE

407 Alameda Padre Serra Santa Barbara, CA 93103

Eastside Neighborhood

Estimated Value: $2,059,000 - $2,562,000

-- Bed
2 Baths
2,482 Sq Ft
$890/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $1,654,000 $666 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,333/month

14 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Partially Fenced Property
  • Santa Barbara Senior High School Rated A-
  • Fireplace

About This Home

As of June 2021

A 1925 Santa Barbara classic along the Riviera with filtered views of the city and islands, with good income from three units, this property awaits the vision of the next owner to bring it forth into the next 100 years. Unit A on the top floor has 1920's architectural details, a fireplace, views, creative potential with the floor pllan (see document tab). Unit B is the separate downstairs of the main structure, with three bedrooms and a fireplace. Unit C - the ''cottage'' - is a stand alone one bedroom. All surround a central yard area. Ideal for an owner to occupy the top floor with the income from units B & C.

Last Agent to Sell the Property

Staci Caplan

Pacific Crest Realty License #01450103 Listed on: 05/11/2021

Last Buyer's Agent

Randy Freed & Kellie Clenet

Berkshire Hathaway HomeServices California Properties

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,809

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2,482 Sq Ft Home
  • Fireplace
  • Stove

Flooring

  • Wood
  • Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 1 Parking Space
  • 1 Open Parking Space

Location

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Listing and Financial Details

  • The owner pays for trash collection, water, gas
  • Assessor Parcel Number 031-391-014

Community Details

Overview

  • 3 Units
  • 15 Riviera/Lower Subdivision

Building Details

  • Fuel Expense $133
  • Insurance Expense $2,475
  • Water Sewer Expense $247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,809

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1925
  • Income Expenses Gas Expense: 133.0
  • Monthly Income: 8050.0
  • Income Expenses Water Expense: 247.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 1.0
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Riviera/Lower
  • Reso Flooring: Vinyl, Hardwood, Tile, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1925
  • Property Information Apx # Acres: 0.15
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 1.0
  • Foundation:Slab: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2482.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6534.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Condition Fair2: Yes
  • Amenities Gas Stove2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.15
  • Foundation Details: Slab, Mixed, Other

Garage/Parking

  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Uncovered, Unc #1
  • Total Parking Spaces: 1.0

Association/Amenities

  • Fireplace: Yes

Fee Information

  • Annual Fuel Expense: 133.0
  • Annual Water Sewer Expense: 247.0

Schools

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

Lot Info

  • Parcel #: 031-391-014
  • Zoning: R-2
  • Lot Size Sq Ft: 6534.0

Rental Info

  • Owner Pays: Trash Collection, Water, Gas

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 2475.0
  • Total Actual Rent: 8050.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 3, 2021
Sold by
Kaye Gloria and The Doctor Gloria Kaye Living
Bought by
Halverson Joel L and Halverson Amy L
Seller's Agent
Staci Caplan
Pacific Crest Realty
Buyer's Agent
Randy Freed & Kellie Clenet
Berkshire Hathaway HomeServices California Properties
List Price
$1,749,000
Sold Price
$1,654,000
Premium/Discount to List
-$95,000
-5.43%
Current Estimated Value
$2,208,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,431
Avg. Annual Appreciation
6.77%
Original Mortgage
$530,000
Outstanding Balance
$481,934
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,697,266

Purchase Details

Closed on
Apr 18, 2007
Sold by
Kaye Gloria
Bought by
Kaye Phd Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2007
Sold by
Budlong David C and Fong Kurtis
Bought by
Kaye Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2004
Sold by
Kaye Gloria
Bought by
Kaye Phd Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 20, 2003
Sold by
Kaye Gloria
Bought by
Kaye V Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2002
Sold by
Kaye Gloria
Bought by
Kaye Phd Gloria
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
Halverson Joel L $1,654,000 First American Title Company
Kaye Phd Gloria -- Fidelity National Title Co
Kaye Gloria -- Fidelity National Title Co
Kaye Gloria $1,300,000 Fidelity National Title Co
Kaye Phd Gloria -- --
Kaye V Gloria -- Fidelity National Title Co
Kaye Phd Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halverson Joel L $530,000
Previous Owner Phd Gloria Kaye $820,000
Previous Owner Kaye Phd Gloria $75,000
Previous Owner Kaye Gloria $650,000
Previous Owner Kaye V Gloria $200,000
Previous Owner Kaye V Gloria $50,000
Previous Owner Kaye V Gloria $285,000
Previous Owner Kaye V Gloria $245,000
Previous Owner Kaye V Gloria $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $1,654,000 -5.4% $666 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,749,000 -- $705 / 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 $18,809 $1,955,341 $811,824 $1,143,517
2023 $18,809 $1,720,821 $780,300 $940,521
2022 $17,947 $1,687,080 $765,000 $922,080
2021 $5,670 $532,062 $198,391 $333,671
2020 $5,611 $526,607 $196,357 $330,250
2019 $5,513 $516,282 $192,507 $323,775
2018 $5,435 $506,160 $188,733 $317,427
2017 $5,256 $496,236 $185,033 $311,203
2016 $5,194 $486,506 $181,405 $305,101
2014 $5,055 $469,814 $175,181 $294,633
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Staci Caplan

    Pacific Crest Realty

    (805) 845-9999

    1 in this area

    24 Total Sales

    Staci Caplan
    Section Image
  • Randy Freed & Kellie Clenet

    Buyer's Agent in 2021

    Randy Freed & Kellie Clenet

    Berkshire Hathaway HomeServices California Properties

    (805) 895-1799

    2 in this area

    101 Total Sales

    Randy Freed & Kellie Clenet
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1643

Santa Barbara Multiple Listing Service

APN: 031-391-014

California Santa Barbara County Santa Barbara 93103 Eastside

407 Alameda Padre Serra, Santa Barbara, CA

This home is located at 407 Alameda Padre Serra, Santa Barbara, CA 93103 since 11 May 2021 and is currently estimated at $2,208,431, approximately $889 per square foot. This property was built in 1925. 407 Alameda Padre Serra is a home located in Santa Barbara County with nearby schools including Franklin Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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