NOT LISTED FOR SALE

Estimated Value: $1,009,000 - $1,216,053

2 Beds
1 Bath
936 Sq Ft
$1,167/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $601,000 $642 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,245/month

5 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Shed
  • San Marcos Senior High School Rated A-
  • Cottage
  • 4-minute walk to Bath Street Pocket Park

About This Home

As of December 2019

This cottage built in 1915 has fantastic upside potential. Bring your flippers, call your investors, and show your builders. Sold by owner as is. This 2 Bd/1 Ba fixer is located near downtown SB, the Santa Barbara Harbor, and convenient freeway access. This abode has an open floor plan, nice natural light, and spacious fenced backyard. Located in C-P zoning (restricted commercial zone) inquire with SB zoning department for details of opportunity.

Last Agent to Sell the Property

Maureen McDermut

Sotheby's International Realty License #01175027 Listed on: 11/13/2019

Last Buyer's Agent

Terence Alemann

Alemann and Associates License #01925020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Property is in below average condition

Parking

  • Open Parking

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Monroe Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Listing and Financial Details

  • Assessor Parcel Number 037-201-024

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1915
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Poor
  • Property Information Year Built2: 1915
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Property Information Main House SqFt: 936.0
  • Dining In Kitchen4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Shed: Yes
  • FlrWdw Coverings Wood2: Yes
  • Foundation Raised: Yes
  • View City4: Yes
  • Condition Poor: Yes
  • ParkingGarage Unc #22: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • View: City
  • Construction Type: Wood Siding
  • Topography: Level
  • Exterior Features: Fenced: PRT
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2

Utilities

  • Water Source: SB Wtr

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Monroe
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 037-201-024
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Terence Alemann
Bought by
Jta Raa Llc
Current Estimated Value
$1,092,763

Purchase Details

Closed on
May 24, 2021
Sold by
Sperisen Nicole
Bought by
Alemann Terence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,800
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2019
Closed on
Dec 5, 2019
Sold by
Hickman Scott and Hickman Family Trust
Bought by
Hls Training Corporation
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$599,000
Sold Price
$601,000
Premium/Discount to List
$2,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$510,850
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 13, 2019
Closed on
Nov 22, 2019
Sold by
Hickman Scott and The Hickman Family Trust
Bought by
Hickman Scott and Hickman Family Trust
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$599,000
Sold Price
$601,000
Premium/Discount to List
$2,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,850
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2000
Sold by
Scott Hickman Roy and Arlene Corinne
Bought by
Hickman Roy Scott and Hickman Corinne A

Purchase Details

Closed on
Sep 15, 1997
Sold by
Ssi Properties Inc
Bought by
Hickman Roy Scott and Hickman Corinne Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
4.25%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Rosco Michael D and Rosco Tr 3
Bought by
Ssi Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
4.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jta Raa Llc -- None Listed On Document
Alemann Terence -- Accommodation
Alemann Terence -- Accommodation
Hls Training Corporation $601,000 First American Title Company
Hickman Scott -- First American Title Company
Hickman Roy Scott -- --
Hickman Roy Scott $164,500 First American Title Co
Ssi Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alemann Terence $539,800
Previous Owner Hls Training Corporation $510,850
Previous Owner Hickman Roy Scott $131,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $601,000 +0.3% $642 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $599,000 -- $640 / 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 $6,856 $657,274 $546,819 $110,455
2023 $6,856 $631,754 $525,587 $106,167
2022 $6,615 $619,368 $515,282 $104,086
2021 $6,462 $607,225 $505,179 $102,046
2020 $6,395 $601,000 $500,000 $101,000
2019 $2,541 $236,163 $178,919 $57,244
2018 $2,505 $231,533 $175,411 $56,122
2017 $2,422 $226,994 $171,972 $55,022
2016 $2,444 $222,544 $168,600 $53,944
2014 $2,380 $214,909 $162,815 $52,094
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3842

Santa Barbara Multiple Listing Service

APN: 037-201-024