NOT LISTED FOR SALE

407 Shasta Ln Santa Barbara, CA 93101

Oak Park Neighborhood

Estimated Value: $1,115,000 - $2,168,271

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold May 12, 2017

Last sale price $1,210,000

Est. 46% increase in value since last sale

Current estimated payment $10,614/month

6 Days on Market

Highlights

  • Property is near a park
  • Fireplace
  • 2 Car Garage
  • Santa Barbara Senior High School Rated A-
  • Patio
  • Property is in excellent condition

About This Home

As of May 2017

This wonderful duplex has a fantastic Upper Eastside location on a one block long quiet street. Each unit has 2b/1b with remodeled kitchens with granite counters. Both homes have huge windows that overlook an incredible garden paradise with a creek. Each unit has a one car garage, one uncovered space and interior laundry. Tenants pay all utilities including trash and water that add up to about $150 a month savings for the owners. Long term tenants would like to stay but are on month to month leases. Upstairs rents for $2,700 a month and downstairs rents for $2,275 a month. This is an incredible opportunity for an owner occupant or investor to own a prime property that is close to State Street but offers an incredible setting not generally found on the Upper Eastside.

Last Agent to Sell the Property

Bob Curtis

Village Properties - 1 License #00938841 Listed on: 04/05/2017

Last Buyer's Agent

Melissa Birch

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,598

Year Built

  • Built in 1965

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced
  • Property is in excellent condition

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Carpet
  • Stove

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

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

Schools

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

Additional Features

  • Patio
  • Heating Available

Community Details

  • 2 Units
  • 15 Upper Eastside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027-122-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,598

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Monthly Income: 4975.0
  • Miscellaneous Parking Spaces: 4.0
  • Building Stories: 2
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Upper Eastside
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1965
  • Property Information Apx # Acres: 0.11
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 2.0
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 4792.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Fncd Back: Yes
  • Amenities Patio2: Yes
  • Amenities Elec Stove: Yes
  • Parking Info Total # Garage Spaces2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.11
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Garages, Uncovered, Gar #2, Unc #2
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Radia
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 027-122-014
  • Zoning: R-2
  • Lot Size Sq Ft: 4792.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 4975.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Apr 21, 2017
Sold by
Didier Didier G and Didier Barbara J
Bought by
Upton Dan T and Upton Maya S
Seller's Agent
Bob Curtis
Village Properties - 1
Buyer's Agent
Melissa Birch
Sotheby's International Realty
List Price
$1,150,000
Sold Price
$1,210,000
Premium/Discount to List
$60,000
5.22%
Current Estimated Value
$1,763,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,818
Avg. Annual Appreciation
7.56%
Original Mortgage
$847,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2010
Sold by
Didier G Paul and Didier Barbara J
Bought by
Didier G Paul and Didier Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,250
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2010
Sold by
Didier G Paul and Didier Barbara J
Bought by
Didier G Paul and Didier Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,250
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1999
Sold by
Paul Didier G and Paul Barbara J
Bought by
Didier G Paul and Didier Barbara J

Purchase Details

Closed on
Jun 9, 1994
Sold by
Didier G Paul and Didier Barbara J
Bought by
Didier G Paul and Didier Barbara J

Purchase Details

Closed on
Nov 10, 1993
Sold by
Didier G Paul
Bought by
Didier G Paul and Didier Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.91%
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
Upton Dan T $1,210,000 First American Title Company
Didier G Paul -- None Available
Didier G Paul -- Fidelity National Title Co
Didier G Paul -- Chicago Title Co
Didier G Paul -- --
Didier G Paul -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upton Dan T $786,000
Closed Upton Dan T $847,000
Previous Owner Didier G Paul $417,000
Previous Owner Didier G Paul $417,000
Previous Owner Didier G Paul $377,250
Previous Owner Didier G Paul $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $1,210,000 +5.2% --
04/11/2017 04/11/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $1,150,000 -- --
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 $14,598 $1,404,302 $777,589 $626,713
2023 $14,598 $1,349,774 $747,396 $602,378
2022 $14,087 $1,323,309 $732,742 $590,567
2021 $13,764 $1,297,363 $718,375 $578,988
2020 $13,622 $1,284,061 $711,009 $573,052
2019 $13,385 $1,258,884 $697,068 $561,816
2018 $13,196 $1,234,200 $683,400 $550,800
2017 $2,986 $280,311 $109,428 $170,883
2016 $2,991 $274,816 $107,283 $167,533
2014 $2,912 $265,388 $103,603 $161,785
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bob Curtis

    Village Properties - 1

    (805) 683-7333

    1 in this area

    49 Total Sales

    Bob Curtis
    Section Image

  • M

    Buyer's Agent in 2017

    Melissa Birch

    Sotheby's International Realty

  • M

    Buyer's Agent in 2017

    Melissa Schaff-Birch

    Compass

    (805) 689-2674

    1 in this area

    18 Total Sales

    Melissa Schaff-Birch
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1114

Santa Barbara Multiple Listing Service

APN: 027-122-014

California Santa Barbara County Santa Barbara 93101 Oak Park

407 Shasta Ln, Santa Barbara, CA

This home is located at 407 Shasta Ln, Santa Barbara, CA 93101 since 05 April 2017 and is currently estimated at $1,763,818. This property was built in 1965. 407 Shasta Ln is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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