NOT LISTED FOR SALE

Estimated Value: $1,679,000 - $2,966,000

2 Beds
2 Baths
1,149 Sq Ft
$1,840/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $1,525,000 $1,327 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $12,807/month

Highlights

  • Property is near an ocean
  • Patio
  • Garage
  • Property is near public transit

About This Home

As of July 2017

Great Carpinteria Location! Two houses on one lot. Situated only blocks from the “World’s Safest Beach” and one block from Linden Avenue, these two custom designed homes are a perfect opportunity for owner/user or investor. Front house built in 2004, 3BD/3BR, open floor plan, spacious master bedroom, 3-car garage Back house built in 2005, 2BD/2BR, skylight, deck, lofty ceiling, private 2-car.

Last Agent to Sell the Property

James Rickard

DLG Properties Co. License #01239995 Listed on: 07/27/2017

Last Buyer's Agent

Jane Alexander

Village Properties License #01246867

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,692

Year Built

  • Built in 2004

Lot Details

  • 6,970

Parking

  • Garage

Laundry

  • Laundry in unit

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 003-254-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,692

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2004
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Garage Yn: Yes
  • Property Information Year Built2: 2004
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Condo:Laundry in Unit: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Bus: Yes
  • Amenities Patio2: Yes
  • Parking Info Gar #43: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Gar #4

Schools

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

Lot Info

  • Parcel #: 003-254-009
  • Zoning: PRD

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Loomis Elizabeth Neil
Bought by
Loomis William Ray
Current Estimated Value
$2,114,421

Purchase Details

Closed on
May 10, 2019
Sold by
Loomis Family Trust
Bought by
Loomis William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 27, 2017
Closed on
Jun 22, 2017
Sold by
Parrish Thomas C and Parrish Elizabeth A
Bought by
Otter Rock Properties Llc
Seller's Agent
James Rickard
DLG Properties Co.
Buyer's Agent
Jane Alexander
Village Properties
List Price
$1,549,000
Sold Price
$1,525,000
Premium/Discount to List
-$24,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$991,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2010
Sold by
Vasquez Avelino
Bought by
Parrish Thomas C and Parrish Elizabeth A

Purchase Details

Closed on
Mar 28, 2006
Sold by
Vasquez Bonifacia Cruz Lopez
Bought by
Vasquez Avelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 9, 2006
Sold by
Lipkin Howard
Bought by
Vasquez Avelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 19, 2004
Sold by
Lipkin Howard
Bought by
Lipkin Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1999
Sold by
Lipkin Howard
Bought by
Lipkin Howard

Purchase Details

Closed on
Jan 25, 1999
Sold by
9-25-91 Lipkin Fam and Lipkin Howard
Bought by
Lipkin Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.63%
Source: Public Records

Range of Values:

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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
Loomis William Ray -- None Listed On Document
Loomis William R $975,000 None Available
Loornis Family Trust -- None Available
Otter Rock Properties Llc $1,525,000 Fidelity National Title Co
Parrish Thomas C $799,000 First American Title Company
Vasquez Avelino -- First American Title Company
Vasquez Avelino $1,550,000 First American Title Company
Lipkin Howard -- Fidelity National Title Co
Lipkin Howard -- Fidelity National Title Co
Lipkin Howard -- --
Lipkin Howard -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loornis Family Trust $975,000
Previous Owner Otter Rock Properties Llc $991,000
Previous Owner Vasquez Avelino $1,000,000
Previous Owner Vasquez Avelino $395,000
Previous Owner Lipkin Howard $845,000
Previous Owner Lipkin Howard $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $1,525,000 -1.5% $1,327 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $1,549,000 -- $1,348 / Sq Ft
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 $19,692 $1,756,938 $948,189 $808,749
2023 $19,692 $1,688,717 $911,371 $777,346
2022 $18,994 $1,655,605 $893,501 $762,104
2021 $18,572 $1,623,143 $875,982 $747,161
2020 $18,346 $1,606,500 $867,000 $739,500
2019 $17,828 $1,555,500 $841,500 $714,000
2018 $17,519 $1,525,000 $825,000 $700,000
2017 $10,702 $882,017 $496,756 $385,261
2016 $10,517 $864,723 $487,016 $377,707
2015 $10,414 $851,735 $479,701 $372,034
2014 $9,816 $835,052 $470,305 $364,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2555

Santa Barbara Multiple Listing Service

APN: 003-254-009