NOT LISTED FOR SALE

Estimated Value: $1,189,000 - $1,375,000

4 Beds
3 Baths
1,392 Sq Ft
$899/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $1,175,000 $844 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,045/month

Highlights

  • Bungalow
  • Shed
  • Central Heating and Cooling System
  • Abraham Lincoln High School Rated A

About This Home

As of May 2023

Two renovated homes on a lot both delivered vacant. Stylish design with great outdoor spaces in the heart of Montecito Heights.

Last Agent to Sell the Property

Mary Regal

Compass License #01963054 Listed on: 05/03/2023

Compass

Co-Listed By

Rob Kallick

Compass License #01871966

Last Buyer's Agent

Laura Marchetti

Compass License #01986062

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,672

Year Built

  • Built in 1922

Lot Details

  • 5,199

Home Design

  • 1,392 Sq Ft Home
  • Bungalow

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Automatic Gate

Additional Features

  • Dishwasher
  • Shed
  • 5,199 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5303-007-026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,672

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1392
  • Lot Acreage: 0.1194
  • Probate: No
  • Year Built: 1922
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Refrigerator, Washer
  • Price Per S Q F T: 844.11

Exterior Features

  • Other Structures: Shed(s)

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Driveway

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.43
  • Assessed Improvement Value: 191923
  • Assessed Land Percent: 74.57
  • Assessed Land Value: 562905
  • Total Assessed Value: 754828
  • Assessor Parcel Number: 5303-007-026
  • Lot Size Area: 5199

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Apr 28, 2023
Sold by
Frederick Alyse and Frederick Bobby M
Bought by
Da Silva Diane
Seller's Agent
Mary Regal
Compass
Buyer's Agent
Laura Marchetti
Compass
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$1,252,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,027
Avg. Annual Appreciation
1.75%
Original Mortgage
$940,000
Outstanding Balance
$915,813
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$307,183

Purchase Details

Closed on
Oct 18, 2017
Sold by
Mead Curtis Tyler and Mead Katie Rose
Bought by
Sedlock Joanne R and Frederick Bobby M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2014
Closed on
Dec 5, 2014
Sold by
Kalaydjian Krikor Ohannes and Cribbs Susan Rae
Bought by
Mead Curtis Tyler and Mead Katie Rose
Seller's Agent
Courtney N Smith
Compass
Buyer's Agent
Carrie Bryden
ACME Real Estate
List Price
$549,000
Sold Price
$563,000
Premium/Discount to List
$14,000
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$450,400
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2011
Sold by
Miller John Charles
Bought by
Kalaydjian Krikor Ohannes and Cribbs Susan Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,138
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2010
Sold by
Ros Joe John A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 18, 2006
Sold by
Hernandez Francisca
Bought by
Ros Joe John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2006
Sold by
Hernandez Rosa
Bought by
Hernandez Francisca

Purchase Details

Closed on
Jan 4, 2006
Sold by
Hernandez Ruben
Bought by
Hernandez Rosa

Purchase Details

Closed on
Nov 29, 2004
Sold by
Hernandez Orlando
Bought by
Hernandez Ruben

Purchase Details

Closed on
Aug 4, 2003
Sold by
Luc Maurice
Bought by
Hernandez Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,187
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 1997
Sold by
Lee Cam Helen S
Bought by
Luc Maurice
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
Da Silva Diane $1,175,000 Equity Title Company
Sedlock Joanne R $704,000 Stewart Title
Mead Curtis Tyler $563,000 Lawyers Title Company
Kalaydjian Krikor Ohannes $389,000 California Title Company
Miller John Charles $155,000 Pacific Coast Title
Federal Home Loan Mortgage Corporation $230,000 Pacific Coast Title
Ros Joe John A -- None Available
Hernandez Francisca -- Accommodation
Hernandez Rosa -- Investors Title Company
Hernandez Ruben -- --
Hernandez Orlando $235,000 Stewart Title Of Ca Inc
Luc Maurice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Da Silva Diane $940,000
Previous Owner Sedlock Joanne R $454,000
Previous Owner Mead Curtis Tyler $450,400
Previous Owner Kalaydjian Krikor Ohannes $7,903
Previous Owner Kalaydjian Krikor Ohannes $23,709
Previous Owner Kalaydjian Krikor Ohannes $379,731
Previous Owner Kalaydjian Krikor Ohannes $379,138
Previous Owner Miller John Charles $231,000
Previous Owner Ros Joe John A $429,000
Previous Owner Hernandez Ruben $399,500
Previous Owner Hernandez Orlando $231,187
Closed Hernandez Orlando $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $1,175,000 0.0% $844 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $1,175,000 +108.7% $844 / Sq Ft
01/09/2015 01/09/15 Sold $563,000 +2.6% $404 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
12/04/2014 12/04/14 For Sale $549,000 -- $394 / Sq Ft
Source: The MLS

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 $14,672 $1,222,470 $858,330 $364,140
2024 $14,672 $1,198,500 $841,500 $357,000
2023 $9,528 $769,924 $574,163 $195,761
2022 $9,085 $754,828 $562,905 $191,923
2021 $8,974 $740,028 $551,868 $188,160
2020 $9,064 $732,441 $546,210 $186,231
2019 $8,706 $718,080 $535,500 $182,580
2018 $8,629 $704,000 $525,000 $179,000
2016 $6,996 $571,585 $426,405 $145,180
2015 $5,044 $414,673 $266,500 $148,173
2014 $5,069 $406,551 $261,280 $145,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-266391

The MLS

APN: 5303-007-026