Seller's Agent in 2023
Kelly Knight
Berkshire Hathaway HomeServices California Properties
(805) 895-4406
5 in this area
108 Total Sales
418 E Micheltorena St Santa Barbara, CA 93101
Oak Park Neighborhood
--
Bed
--
Bath
--
Sq Ft
9,148
Sq Ft Lot
Highlights
- Property is near an ocean
- Deck
- Wood Flooring
- Santa Barbara Senior High School Rated A-
- Property is near park, public transit, schools, shops, and bus stop
- 5-minute walk to Alice Keck Park Memorial Gardens
About This Home
As of December 2023Located in the heart of Santa Barbara's Upper East neighborhood, this rare 6-unit asset consists of two buildings totaling approx. 4,350SF. Featuring 6 spacious 1BD|1BA residences with an average size of 731SF, the four upstairs units boast expansive balconies accessible through glass sliders from both the bedroom and the living room. The two ground-floor units offer yard space. Situated on 2/10th of an acre zoned R-3, the building provides an on-site laundry room, six covered parking spaces and six private storage spaces, all of which present untapped revenue potential for a new owner. The property is conveniently located just two blocks from Alice Keck Park, Kids World, and Alameda Park, and less than one mile from State Street, Santa Barbara High School, and the Santa Barbara Bowl.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01463617 Listed on: 11/01/2023
Last Buyer's Agent
Knight Real Estate Group
Village Properties - 1 License #01463617
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 9,148 Sq Ft Lot
- Partially Fenced Property
- Property is in average condition
Home Design
- Raised Foundation
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Stove
- Laundry Room
Flooring
- Wood
- Carpet
- Vinyl Plank
Parking
- 6 Parking Spaces
- 6 Carport Spaces
Outdoor Features
- Property is near an ocean
- Deck
- Patio
Location
- Property is near park, public transit, schools, shops, and bus stop
- Property near a hospital
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating System
- Individual Gas Meter
Listing and Financial Details
- The owner pays for trash collection, water
- Assessor Parcel Number 029-022-004
Community Details
Overview
- 6 Units
- 15 Upper Eastside Subdivision
Amenities
- Laundry Facilities
Building Details
- Insurance Expense $5,374
- Operating Expense $56,522
- Gross Income $152,544
- Net Operating Income $96,021
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2023
Closed on
Nov 29, 2023
Sold by
Bought by
Seller's Agent
Kelly Knight
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kelly Knight
Berkshire Hathaway HomeServices California Properties
List Price
$2,549,000
Sold Price
$2,200,000
Premium/Discount to List
-$349,000
-13.69%
Views
23
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,200,000 | Fidelity National Title Compan | ||
| $2,200,000 | Fidelity National Title Compan |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2023 12/05/23 | Sold | $2,200,000 | -13.7% | -- |
| 11/20/2023 11/20/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | For Sale | $2,549,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $23,723 | $2,288,880 | $1,331,712 | $957,168 |
| 2025 | $23,317 | $2,244,000 | $1,305,600 | $938,400 |
| 2023 | $23,317 | $316,761 | $103,452 | $213,309 |
| 2022 | $3,359 | $310,592 | $101,424 | $209,168 |
| 2021 | $3,279 | $304,544 | $99,436 | $205,108 |
| 2020 | $3,245 | $301,444 | $98,417 | $203,027 |
| 2019 | $3,189 | $295,576 | $96,488 | $199,088 |
| 2018 | $3,144 | $289,823 | $94,597 | $195,226 |
| 2017 | $3,041 | $284,183 | $92,743 | $191,440 |
| 2016 | $3,045 | $278,653 | $90,925 | $187,728 |
| 2014 | $2,965 | $269,165 | $87,806 | $181,359 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Knight
-
K
Buyer's Agent in 2023
Knight Real Estate Group
Village Properties - 1
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-3295
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