NOT LISTED FOR SALE

424 E Anapamu St Santa Barbara, CA 93101

Laguna Neighborhood

Estimated Value: $2,048,000 - $2,885,000

Studio
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold May 06, 2016

Last sale price $1,500,000

Est. 74% increase in value since last sale

Current estimated payment $15,218/month

10 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • Fireplace
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of May 2016

Discover this charming 3 unit income property in the desirable Upper East downtown location. The 3 units consist of a detached 2 bed/1 bath cottage, a studio with full bath and full kitchen and a 1 bed/1 bath unit with a den. The units have been nicely updated and there is also a carport and incredible outdoor space. Current monthly income is $7,400/month! Do not miss out on these superb units!

Last Agent to Sell the Property

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 03/15/2016

Last Buyer's Agent

Joan Roberts

Village Properties - 1 License #00823772

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Property is in excellent condition

Home Design

  • Raised Foundation
  • Slab Foundation

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Laundry

  • Laundry in unit
  • Dryer

Parking

  • Carport
  • Open Parking

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

Additional Features

  • Fireplace
  • Property is near an ocean
  • Forced Air Heating System

Community Details

  • 3 Units
  • Gross Income $88,800

Listing and Financial Details

  • Assessor Parcel Number 029-173-006

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Income Expenses Annual Income: 88800.0
  • Monthly Income: 7400.0
  • Meters Sep Meter Elec: Y
  • ResoLaundryFeatures: In Unit, Other
  • ResoLotFeatures: Near Public Transit
  • Carport Y N: Yes
  • Reso Flooring: Tile, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Apx # Acres: 0.21
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Parking Info Carport2: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 9148.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Proximity Near Hospital2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Dryer2: Yes
  • HeatingCooling GFA: Yes
  • Foundation Raised2: Yes
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.21
  • Foundation Details: Slab, Mixed, Raised

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Carport, Cpt #2, Unc #2

Utilities

  • Heating: GFA
  • 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 #: 029-173-006
  • Zoning: R-3
  • Lot Size Sq Ft: 9148.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 88800.0
  • Total Actual Rent: 7400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Apr 26, 2016
Sold by
Orfalea Paul J
Bought by
Johnson Barbara A M
Seller's Agent
Grubb Campbell Group
Village Properties
Buyer's Agent
Joan Roberts
Village Properties - 1
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$2,616,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,116,271
Avg. Annual Appreciation
5.92%
Original Mortgage
$800,000
Outstanding Balance
$637,891
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,978,380

Purchase Details

Listed on
Dec 13, 2014
Closed on
Dec 8, 2014
Sold by
Lopez Reynaldo
Bought by
Orfalea Paul J
Seller's Agent
Kirk Hodson
Coldwell Banker Realty
Buyer's Agent
Natalie Grubb
Village Properties
List Price
$1,073,800
Sold Price
$1,073,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.97%

Purchase Details

Closed on
Dec 20, 2007
Sold by
Lopez Arthur T
Bought by
Lopez Arthur T

Purchase Details

Closed on
Aug 9, 2000
Sold by
Rapp F Brian
Bought by
Lopez Arthur T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Barbara A M $1,500,000 Fidelity National Title Co
Orfalea Paul J $1,074,000 Chicago Title Company
Lopez Arthur T -- None Available
Lopez Arthur T $495,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Barbara A M $800,000
Previous Owner Lopez Arthur T $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2016 05/06/16 Sold $1,500,000 0.0% --
03/24/2016 03/24/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $1,500,000 +39.7% --
12/12/2014 12/12/14 Sold $1,073,800 0.0% -- View Prior Sale
12/12/2014 12/12/14 Pending -- -- --
12/12/2014 12/12/14 For Sale $1,073,800 -- --
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 $18,446 $1,775,689 $917,440 $858,249
2023 $18,446 $1,706,738 $881,815 $824,923
2022 $17,801 $1,673,274 $864,525 $808,749
2021 $17,393 $1,640,466 $847,574 $792,892
2020 $17,213 $1,623,646 $838,884 $784,762
2019 $16,914 $1,591,811 $822,436 $769,375
2018 $16,675 $1,560,600 $806,310 $754,290
2017 $16,124 $1,530,000 $790,500 $739,500
2016 $11,478 $1,090,174 $659,912 $430,262
2015 $11,352 $1,073,800 $650,000 $423,800
2014 $7,278 $681,868 $430,221 $251,647
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Grubb Campbell Group

    Village Properties

  • J

    Buyer's Agent in 2016

    Joan Roberts

    Village Properties - 1

  • K

    Seller's Agent in 2014

    Kirk Hodson

    Coldwell Banker Realty

  • Natalie Grubb

    Buyer's Agent in 2014

    Natalie Grubb

    Village Properties

    (805) 895-6226

    2 in this area

    35 Total Sales

    Natalie Grubb
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-823

Santa Barbara Multiple Listing Service

APN: 029-173-006

California Santa Barbara County Santa Barbara 93101 Laguna

424 E Anapamu St, Santa Barbara, CA

Not Listed for Sale

MultiFamily

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