NOT LISTED FOR SALE

427 Alameda Padre Serra Santa Barbara, CA 93103

Eastside Neighborhood

Estimated Value: $2,045,000 - $2,748,000

2 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold September 15, 2017

Last sale price $1,625,000

Est. 53% increase in value since last sale

Current estimated payment $15,237/month

20 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Forced Air Heating System
  • Santa Barbara Senior High School Rated A-
  • Property is near schools
  • 2 Car Garage

About This Home

As of September 2017

All encompassing City and Ocean views from beautiful Santa Barbara duplex. Each 2 bedroom 2 bath unit feels like a private residence. Each with their own view decks, laundry room and garage. Location, views and clean classic interior design make this a valued income property.

Last Agent to Sell the Property

Susan Jordano

Village Properties License #01775462 Listed on: 07/26/2017

Last Buyer's Agent

Brooke Williams

Keller Williams Realty Santa Barbara License #01971022

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,763

Year Built

  • Built in 1960

Lot Details

  • 6,534

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Vinyl Plank

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near shops

Schools

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

Additional Features

  • Property is in excellent condition
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 031-391-010

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,763

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Monthly Income: 6400.0
  • Miscellaneous Parking Spaces: 2.0
  • ResoLaundryFeatures: Laundry Room
  • Reso Flooring: Stone, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1960
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Parking Info Total # Unconvered Spaces: 2.0
  • Condition Excellent: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • FlrWdw Coverings Stone2: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • Amenities Microwave2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • HeatingCooling GFA: Yes
  • Income Expenses Actual: Yes
  • Parking Info Total # Garage Spaces2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

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

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 031-391-010
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 6400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Frauenthal Virginia
Bought by
Channel Islands Revocable Trust and Goodrow
Current Estimated Value
$2,488,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,055,228
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$1,540,339

Purchase Details

Listed on
Jul 26, 2017
Closed on
Aug 29, 2017
Sold by
Barton Michael C and David Hurless Barton Irrevocab
Bought by
Frauenthal Virginia
Seller's Agent
Susan Jordano
Village Properties
Buyer's Agent
Brooke Williams
Keller Williams Realty Santa Barbara
List Price
$1,695,000
Sold Price
$1,625,000
Premium/Discount to List
-$70,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,137,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2015
Sold by
Perkins J Perry and Perkins Suzanne N
Bought by
Barton Michael C

Purchase Details

Closed on
Mar 7, 2007
Sold by
Perkins J Perry
Bought by
Perkins J Perry and Perkins Suzanne N

Purchase Details

Closed on
Jun 14, 2005
Sold by
Meador David
Bought by
Perkins J Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 13, 2005
Sold by
Perkins Suzanne
Bought by
Perkins J Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 26, 2004
Sold by
Meador Louanne
Bought by
Meador David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Steadman Neil A and Steadman Gail
Bought by
Meador David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Steadman Neil A and Steadman Gail
Bought by
Steadman Neil A and Steadman Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.06%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Steadman Neil A & Gail Trustees
Bought by
Steadman Neil A and Steadman Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Channel Islands Revocable Trust $2,200,000 Fidelity National Title
Frauenthal Virginia $1,625,000 Fidelity National Title Co
Barton Michael C $1,285,000 Chicago Title Company
Perkins J Perry -- Accommodation
Perkins J Perry $1,373,000 First American Title Company
Perkins J Perry -- First American Title Company
Meador David -- First American Title Company
Meador David $1,000,000 First American Title Company
Steadman Neil A -- First American Title
Steadman Neil A -- First American Title Co
Steadman Neil A -- Equity Title Company
Steadman Neil A -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Channel Islands Revocable Trust $1,100,000
Previous Owner Frauenthal Virginia $1,120,000
Previous Owner Frauenthal Virginia $1,137,500
Previous Owner Perkins J Perry $980,000
Previous Owner Perkins J Perry $300,000
Previous Owner Perkins J Perry $423,000
Previous Owner Meador David $750,000
Previous Owner Steadman Neil A $278,000
Previous Owner Steadman Neil A $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $1,625,000 0.0% $722 / Sq Ft
09/15/2017 09/15/17 Sold $1,625,000 -4.1% --
08/15/2017 08/15/17 Pending -- -- --
08/15/2017 08/15/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $1,695,000 0.0% --
07/25/2017 07/25/17 For Sale $1,695,000 +31.9% $753 / Sq Ft
10/15/2015 10/15/15 Sold $1,285,000 -11.4% --
09/15/2015 09/15/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $1,450,000 -- --
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 $23,763 $1,144,440 $572,220 $572,220
2023 $23,763 $2,200,000 $1,100,000 $1,100,000
2022 $18,534 $1,742,326 $884,566 $857,760
2021 $18,109 $1,708,164 $867,222 $840,942
2020 $17,848 $1,690,650 $858,330 $832,320
2019 $17,536 $1,657,500 $841,500 $816,000
2018 $17,287 $1,625,000 $825,000 $800,000
2017 $13,819 $1,310,700 $714,000 $596,700
2016 $13,506 $1,285,000 $700,000 $585,000
2015 $13,495 $1,279,000 $618,000 $661,000
2014 $13,274 $1,254,000 $606,000 $648,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Susan Jordano

    Village Properties

    (805) 680-9060

    33 Total Sales

    Susan Jordano
    Section Image

  • B

    Buyer's Agent in 2017

    Brooke Williams

    Keller Williams Realty Santa Barbara

    Section Image

  • T

    Buyer Co-Listing Agent in 2017

    The Epstein Partners

    Keller Williams Realty Santa Barbara

  • M

    Seller's Agent in 2015

    Michael Martz

    Hayes Commercial Group

    Section Image

  • N

    Buyer's Agent in 2015

    Non Member Agent

    Non Member Office

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2542

Santa Barbara Multiple Listing Service

APN: 031-391-010

California Santa Barbara County Santa Barbara 93103 Eastside

427 Alameda Padre Serra, Santa Barbara, CA

This home is located at 427 Alameda Padre Serra, Santa Barbara, CA 93103 since 26 July 2017 and is currently estimated at $2,488,220. This property was built in 1960. 427 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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