NOT LISTED FOR SALE

4825 Sandyland Rd Unit 6 Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $1,607,005 - $2,111,000

2 Beds
2 Baths
966 Sq Ft
$957/ mo HOA Fee

Last Sold December 15, 2020

Last sale price $1,495,000 $1,548 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,510/month

3 Days on Market

Highlights

  • Ocean Front
  • Updated Kitchen
  • Deck
  • Beach View
  • Cape Cod Architecture
  • 3-minute walk to Carpinteria Salt Marsh Nature Park

About This Home

As of December 2020

On the Sand of The World's Safest Beach and walking distance to all that Carpinteria has to offer, ''The Mermaids Grotto'' is an exquisitely remodeled 2/2 mountain view beach condo with turnkey vacation rental income. This stunning condo offers a wonderfully remodeled kitchen, bathrooms, laundry, wood burning fireplace, eat-in kitchen and much, much more...

This quiet building of only 8 units is gated and features a large oceanfront patio with BBQ's, dining area and plenty of space for relaxing and family enjoyment. Direct, unparalleled access to the beach! This mega-income producing vacation rental is a turnkey operation. Set-it and forget it! The unit is on the mountain side of the building with mountain views, the building itself is beachfront.

Last Agent to Sell the Property

Jason Streatfeild

Douglas Elliman of California, Inc. License #01834496 Listed on: 10/13/2020

Douglas Elliman of California, Inc.

Last Buyer's Agent

Jason Streatfeild

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978

Lot Details

  • Ocean Front
  • Gated Home
  • Property is in excellent condition

HOA Fees

  • $957 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Beach
  • Mountain

Home Design

  • Cape Cod Architecture
  • Raised Foundation
  • Wood Shingle Exterior

Interior Spaces

  • 966 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Property is near an ocean
  • Deck
  • Built-In Barbecue

Location

  • Property is near park, public transit, schools, and bus stop
  • City Lot

Schools

  • Aliso Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 004-101-006

Community Details

Overview

  • 8 Buildings
  • 8 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1978

Lot Details

871 Sq Ft Lot

HOA Fees

$957 per month

Listing Details

  • Association Fee: $957
  • Prop. Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: Condominium
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: 220V Elect
  • ResoLotFeatures: Waterfront, Oceanfront, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Cape Cod
  • Reso Flooring: Carpet, Tile
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1978
  • Property Information Total #Units: 8
  • Property Information Apx # Acres: 0.02
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Dining Breakfast Area2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • View Beach2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • LocationTopo Oceanfront2: Yes
  • ParkingGarage Unc #22: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Exterior Wood Shingles: Yes
  • Style Cape Cod2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Other
  • View: Beach, Mountain(s)
  • Construction Type: Wood Shingles
  • Acres: 0.02
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Deck
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Carp Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Aliso
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 004-101-006
  • Zoning: Other
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 8, 2020
Sold by
Allison Brock M and Allison Staci D
Bought by
Big Money Properties Llc
Seller's Agent
Jason Streatfeild
Douglas Elliman of California, Inc.
Buyer's Agent
Jason Streatfeild
Berkshire Hathaway HomeServices California Properties
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$1,763,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,127
Avg. Annual Appreciation
4.03%
Original Mortgage
$971,750
Outstanding Balance
$866,690
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$972,061

Purchase Details

Listed on
Jun 26, 2015
Closed on
Aug 11, 2015
Sold by
Dewey John Lynn and Dewey Cristina C
Bought by
Allison Brock M and Allison Staci D
Seller's Agent
Jason Streatfeild
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jason Streatfeild
Berkshire Hathaway HomeServices California Properties
List Price
$1,225,000
Sold Price
$1,195,000
Premium/Discount to List
-$30,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$956,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 6, 2013
Closed on
Jul 5, 2013
Sold by
Erb George A and Erb Philomena R
Bought by
Dewey John Lynn and Dewey Cristina C
Seller's Agent
Sandy Lipowski
Sotheby's International Realty
Buyer's Agent
Jason Streatfeild
Berkshire Hathaway HomeServices California Properties
List Price
$1,049,000
Sold Price
$1,049,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$681,850
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2010
Sold by
Erb George A and Erb Philomena R
Bought by
Erb George A and Erb Philomena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2008
Sold by
Erb George A and Erb Philomena R
Bought by
Erb George A and Erb Philomena R

Purchase Details

Closed on
Jan 31, 2007
Sold by
Erb George A and Erb Philomena R
Bought by
Erb George A and Erb Philomena R

Purchase Details

Closed on
Nov 20, 1998
Sold by
Rakestraw Robert E and Rakestraw Sheila M
Bought by
Erb George A and Erb Philomena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1996
Sold by
Sandyland Cooperative Apartments Inc
Bought by
Rakestraw Robert E and Rakestraw Sheila M

Purchase Details

Closed on
Feb 18, 1994
Sold by
Arstein Donald D and Arstein Tena B
Bought by
Rakestraw Robert E and Rakestraw Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Big Money Properties Llc $1,495,000 Fidelity National Title Co
Allison Brock M $1,195,000 First American Title Company
Dewey John Lynn $1,049,000 Fidelity National Title Comp
Erb George A -- Advantage Title Inc
Erb George A -- Advantage Title Inc
Erb George A -- United Title Company
Erb George A -- Accommodation
Erb George A -- None Available
Erb George A $425,000 Santa Barbara Title Co
Rakestraw Robert E -- First American Title Ins Co
Rakestraw Robert E -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Big Money Properties Llc $971,750
Previous Owner Allison Brock M $956,000
Previous Owner Dewey John Lynn $681,850
Previous Owner Erb George A $368,000
Previous Owner Erb George A $340,000
Previous Owner Rakestraw Robert E $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $1,495,000 0.0% $1,548 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $1,495,000 +25.1% $1,548 / Sq Ft
08/26/2015 08/26/15 Sold $1,195,000 -2.4% $1,237 / Sq Ft View Prior Sale
07/27/2015 07/27/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $1,225,000 +16.8% $1,268 / Sq Ft
08/06/2013 08/06/13 Sold $1,049,000 0.0% $1,086 / Sq Ft View Prior Sale
08/06/2013 08/06/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $1,049,000 -- $1,086 / Sq Ft
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 $17,751 $1,618,234 $974,188 $644,046
2023 $17,751 $1,555,398 $936,360 $619,038
2022 $17,125 $1,524,900 $918,000 $606,900
2021 $16,760 $1,495,000 $900,000 $595,000
2020 $14,618 $1,293,505 $752,289 $541,216
2019 $14,323 $1,268,143 $737,539 $530,604
2018 $14,087 $1,243,278 $723,078 $520,200
2017 $13,834 $1,218,900 $708,900 $510,000
2016 $13,600 $1,195,000 $695,000 $500,000
2015 $12,317 $1,069,959 $611,988 $457,971
2014 $11,606 $1,049,000 $600,000 $449,000
Source: Public Records

Agents Affiliated with this Home

  • Jason Streatfeild

    Seller's Agent in 2020

    Jason Streatfeild

    Douglas Elliman of California, Inc.

    (805) 818-7653

    4 in this area

    30 Total Sales

    Jason Streatfeild
    Section Image

  • S

    Seller's Agent in 2013

    Sandy Lipowski

    Sotheby's International Realty

    (805) 403-3844

    1 in this area

    34 Total Sales

    Sandy Lipowski
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    Daniela Johnson

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4020

Santa Barbara Multiple Listing Service

APN: 004-101-006

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

4825 Sandyland Rd Unit 6, Carpinteria, CA

Not Listed for Sale

Condos

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