NOT LISTED FOR SALE

Estimated Value: $2,266,000 - $3,031,000

Studio
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold January 07, 2020

Last sale price $1,700,000

Est. 53% increase in value since last sale

Current estimated payment $15,268/month

20 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Wood Flooring
  • Forced Air Heating System
  • Santa Barbara Senior High School Rated A-

About This Home

As of January 2020

Wonderful downtown Tri-Plex! Two 1 bed/1bath units & a 2bed/1bath unit, with wood floors, common laundry, and lots of character. Each unit has their own garage. Nicely updated income property in a fantastic location. Close to the SB Bowl, transportation, shops, restaurants and all that downtown Santa Barbara has to offer with a walk-score of 77! Roosevelt School attendance area. Rental income is only an estimate.

Last Agent to Sell the Property

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429 Listed on: 12/03/2019

Co-Listed By

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Brody Loring

Alpha Investment Management License #01733517

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,791 Sq Ft Lot
  • Property is in good condition

Home Design

  • Raised Foundation

Flooring

  • Wood
  • Vinyl

Location

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

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 029-180-001

Property Details

Home Type

Multi-Family

Lot Details

4,791 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Reso Flooring: Vinyl, Hardwood
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Apx # Acres: 0.11
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 4791.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • HeatingCooling GFA: Yes
  • Foundation Raised2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.11
  • Foundation Details: Raised

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 029-180-001
  • Zoning: Other
  • Lot Size Sq Ft: 4791.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Reynolds Smooch S
Bought by
Anapamu Triple Llc
Current Estimated Value
$2,596,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Outstanding Balance
$555,090
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,041,656

Purchase Details

Closed on
Apr 3, 2020
Sold by
Reynolds Smooch S
Bought by
Anapamu Triple Llc

Purchase Details

Listed on
Dec 3, 2019
Closed on
Dec 11, 2019
Sold by
Williamson Sue C and Neil And Sue Williamson Family
Bought by
Reynolds Smooch S
Seller's Agent
The Epstein Partners
Keller Williams Realty Santa Barbara
Buyer's Agent
Brody Loring
Alpha Investment Management
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$625,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2007
Sold by
Williamson Neil S and Williamson Sue C
Bought by
Williamson Neil S and Williamson Sue C

Purchase Details

Closed on
Nov 15, 1996
Sold by
Williamson Neil S and Williamson Sue C
Bought by
Williamson Neil S and Williamson Sue C
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
Anapamu Triple Llc -- Accommodation
Reynolds Smooch S -- Fidelity National Title Co
Anapamu Triple Llc -- None Available
Reynolds Smooch S $1,700,000 Fidelity National Title Co
Williamson Neil S -- None Available
Williamson Neil S -- --
Williamson Neil S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Smooch S $625,500
Previous Owner Reynolds Smooch S $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2020 01/07/20 Sold $1,700,000 -5.3% --
12/03/2019 12/03/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $1,795,000 -- --
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 $19,311 $1,859,194 $847,574 $1,011,620
2023 $19,311 $1,787,001 $814,662 $972,339
2022 $18,636 $1,751,963 $798,689 $953,274
2021 $18,208 $1,717,612 $783,029 $934,583
2020 $1,695 $156,317 $38,973 $117,344
2019 $1,665 $153,253 $38,209 $115,044
2018 $1,641 $150,249 $37,460 $112,789
2017 $1,587 $147,304 $36,726 $110,578
2016 $1,634 $144,416 $36,006 $108,410
2014 $1,591 $139,463 $34,772 $104,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3844

Santa Barbara Multiple Listing Service

APN: 029-180-001

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