NOT LISTED FOR SALE

Estimated Value: $1,465,000 - $2,183,000

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot Lot

Sale Details

Date Sold: January 29, 2018

Last sale price $1,130,000

Est. 60% increase in value since last sale

Current estimated payment $10,813 / mo

16 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Attached Garage
  • 1-Story Property
  • Santa Barbara Senior High School Rated A-

About This Home

As of January 2018

Downtown Duplex! This residential income property consists of 2 spacious 2bed/1bath units. The owner just painted the exterior, replaced the roof, replaced the gutters, and completed most of the exterior pest work. The landscaping is in good condition. There is a concrete driveway, 2-car carport, and laundry on-site. These single-level units are VERY rentable, located just a few blocks from State Street. Property is zoned R-M.

Last Agent to Sell the Property

Mike Richardson

Richardson Real Estate Services, Inc. License #00635254 / 01902531 Listed on: 12/20/2017

Last Buyer's Agent

Christine Oliver

Pitts & Bachmann Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

Home Design

  • Raised Foundation

Parking

  • Attached Garage
  • Carport

Schools

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

Additional Features

  • 1-Story Property
  • Property is near park, public transit, schools, shops, and bus stop
  • Individual Gas Meter

Community Details

  • 2 Units
  • 15 Or 20 Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029-132-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1975
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Building Stories: 1
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 or 20 - Downtown
  • Carport Y N: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1975
  • Property Information Apx # Acres: 0.12
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 5227.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • General Property Information Stories2: 1.0
  • Parking Info Attached6: Yes
  • Foundation Raised2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.12
  • Foundation Details: Mixed, Raised

Garage/Parking

  • Parking Features: Cpt #2, Attached

Schools

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

Lot Info

  • Parcel #: 029-132-005
  • Zoning: Other, R-3
  • Lot Size Sq Ft: 5227.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Jan 10, 2018
Sold by
Bonnigson Kathlene Anne
Bought by
Carbone James P and Carbone Michele B
Seller's Agent
Mike Richardson
Richardson Real Estate Services, Inc.
Buyer's Agent
Christine Oliver
Pitts & Bachmann Realtors
List Price
$1,149,000
Sold Price
$1,130,000
Premium/Discount to List
-$19,000
-1.65%
Current Estimated Value
$1,813,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,063
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Bonnigson Kathlene Anne
Bought by
Bonnigson Kathlene Anne and Kathlene Anne Bonnigson Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Bonningson Kathleen A
Bought by
Kathleen Anne Bonningson Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carbone James P $1,130,000 First American Title Co
Bonnigson Kathlene Anne -- Fidelity National Title Co
Kathleen Anne Bonningson Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonnigson Kathlene Anne $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2018 01/29/18 Sold $1,130,000 -1.7% --
12/28/2017 12/28/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $1,149,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $13,603 $1,285,743 $728,209 $557,534
2023 $13,370 $1,235,818 $699,933 $535,885
2022 $12,902 $1,211,587 $686,209 $525,378
2021 $12,605 $1,187,831 $672,754 $515,077
2020 $12,475 $1,175,652 $665,856 $509,796
2019 $12,244 $1,152,600 $652,800 $499,800
2018 $4,199 $390,167 $175,007 $215,160
2017 $4,060 $382,518 $171,576 $210,942
2016 $4,034 $375,018 $168,212 $206,806
2014 $3,926 $362,151 $162,441 $199,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3954

Santa Barbara Multiple Listing Service

APN: 029-132-005

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