NOT LISTED FOR SALE

4940 Malibu Dr Carpinteria, CA 93013

Canalino Village Neighborhood

Estimated Value: $1,468,000 - $1,866,298

5 Beds
3 Baths
2,404 Sq Ft
$695/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2015

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

Est. 85% increase in value since last sale

Current estimated payment $10,527 / mo

13 Days on Market

Highlights

  • Additional Residence on Property
  • Guest Quarters
  • 2-Story Property
  • Mountain View
  • Property is near park, public transit, schools, shops, and bus stop
  • 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
  • Guest Quarters
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

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

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

7,405 Sq Ft Lot

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
$1,738,380

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
5.47%

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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

    43 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

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