NOT LISTED FOR SALE

4940 Malibu Dr Carpinteria, CA 93013

Canalino Village Neighborhood

Estimated Value: $1,457,000 - $1,989,000

5 Beds
3 Baths
2,404 Sq Ft
$758/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $941,000 $391 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $10,648/month

13 Days on Market

Highlights

  • Additional Residence on Property
  • Maid or Guest Quarters
  • 2-Story Property
  • Mountain View
  • Property is near a park
  • Cathedral Ceiling

About This Home

As of August 2015

A great opportunity to own residential income property. Live in 1 unit and rent out the other to subsidize your mortgage. A clean, turn key 2400 sq/ft 5BR 3BA with 4 spacious BR down, and a legal 1BR 1BA beautiful addition above with awesome views, a separate entrance, & yard. Features include 3 car garage, dual-pane windows, new carpet, paint, separate electric & gas meters and laundry rooms. The upstairs unit is a legal 2nd dwelling unit which has it's own separate entrance, kitchen, laundry, gas & electric meters, forced air heater, garage, yard, patio, and three private balconies to enjoy. A second unit gives so many more opportunities for living situations. Live upstairs or downstairs, occupy or possibly rent as a 1 bedroom, 2 bedroom, 3 bedroom, 4 bedroom, or 5 bedroom.

Last Agent to Sell the Property

John Thyne

Goodwin & Thyne Properties Listed on: 07/10/2015

Last Buyer's Agent

Daniel Zia

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • 2-Story Property
  • Split Level Home
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,404 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Additional Residence on Property

Community Details

  • 2 Units
  • Canalino Village 01 Community

Listing and Financial Details

  • Exclusions: Other, Garden Hoses, Potted Plants
  • Assessor Parcel Number 004-026-004

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Directions: Take Linden towards mountains, make a left on Malibu to 4940
  • Prop. Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Split Level, Entry Lvl(No Stairs), Two
  • New Construction: No
  • Reso Other Structures: Other, Shed(s), Second Residence
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1957
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Security Smoke Detector(s)2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Property Information Apx Lot SqFt: 7405.0
  • Proximity Near Bus: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Canalino Village 01
  • Other Buildings Shed: Yes
  • Amenities Second Residence: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included OvenBltin: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Appliances Included Elect Stove2: Yes
  • Cooling Ceiling Fan(s): Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Bltin, Dishwasher, Elect Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Other

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 0.17
  • Topography: Level
  • Exclusions: Other, Garden Hoses, Potted Plants
  • Exterior Features: Patio Open, Patio Covered, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Carp Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 004-026-004
  • Zoning: R-1
  • Lot Size Sq Ft: 7405.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2016
Sold by
Martinelli Thomas J and Martinelli Mary R
Bought by
The Martinelli Family 1998 Trust and Martinelli Mary R
Current Estimated Value
$1,822,179

Purchase Details

Listed on
Jul 10, 2015
Closed on
Jul 31, 2015
Sold by
Richards Thomas L
Bought by
Martinelli Family 1998 Trust and Martinelli Mary R
Seller's Agent
John Thyne
Goodwin & Thyne Properties
Buyer's Agent
Daniel Zia
Berkshire Hathaway HomeServices California Properties
List Price
$915,000
Sold Price
$941,000
Premium/Discount to List
$26,000
2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Aug 3, 2006
Sold by
Orth Barbara J
Bought by
Orth Barbara J

Purchase Details

Closed on
Jan 3, 1996
Sold by
Terry Karen
Bought by
Terry Rochelle R
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
The Martinelli Family 1998 Trust -- None Available
Martinelli Family 1998 Trust $941,000 First American Title Company
Orth Barbara J -- None Available
Terry Rochelle R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $941,000 +2.8% $391 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $915,000 -- $381 / 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 $13,206 $1,113,948 $686,600 $427,348
2023 $13,206 $1,070,694 $659,940 $410,754
2022 $12,733 $1,049,700 $647,000 $402,700
2021 $12,443 $1,029,118 $634,314 $394,804
2020 $12,279 $1,018,566 $627,810 $390,756
2019 $12,014 $998,595 $615,500 $383,095
2018 $11,796 $979,016 $603,432 $375,584
2017 $11,567 $959,820 $591,600 $368,220
2016 $11,368 $941,000 $580,000 $361,000
2015 $3,428 $198,791 $24,646 $174,145
2014 $3,251 $194,898 $24,164 $170,734
Source: Public Records

Agents Affiliated with this Home

  • John Thyne

    Seller's Agent in 2015

    John Thyne

    Goodwin & Thyne Properties

    (805) 899-1100

    44 Total Sales

    John Thyne
    Section Image

  • D

    Buyer's Agent in 2015

    Daniel Zia

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2346

Santa Barbara Multiple Listing Service

APN: 004-026-004

California Santa Barbara County Carpinteria 93013 Canalino Village

4940 Malibu Dr, Carpinteria, CA

Not Listed for Sale

Detached

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