NOT LISTED FOR SALE

504 E Arrellaga St Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $1,850,000 - $2,309,088

3 Beds
3.5 Baths
2,276 Sq Ft
$482/mo HOA Fee

Last Sold August 30, 2019

Last sale price $1,375,000 $604 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $12,379/month

37 Days on Market

Highlights

  • Property is near an ocean
  • Craftsman Architecture
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Fireplace in Primary Bedroom
  • Direct Access Garage

About This Home

As of August 2019

Quality Craftsman town home located in the highly desirable Upper Eastside neighborhood. Built in 2008, this free-standing condominium is among the largest condominiums on the market. This tastefully appointed unit features 3 bedrooms (including two spacious master suites) plus an office, 3.5 bathrooms, 2,276 square feet, 2-car garage, laundry room and is air conditioned. The upstairs and downstairs master suites offer the flexibility of dual living or a private guest room. Conveniently located in the Roosevelt School attendance area and close to downtown Santa Barbara. Enjoy the luxury of a single-family home with the convenience of a condo.

Last Agent to Sell the Property

Kendrick Guehr

Keller Williams Realty Santa Barbara License #01964065 Listed on: 06/24/2019

Keller Williams Realty Santa Barbara

Co-Listed By

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

John Faulkner

Village Properties - 1

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 741

HOA Fees

  • $482 Monthly HOA Fees

Parking

  • Direct Access Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,276 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Built-In Oven
  • Built-In Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near schools and shops
  • City Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Water Softener is Owned

Additional Features

  • Property is near an ocean
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 027-760-001

Community Details

Overview

  • Association fees include insurance, comm area maint, exterior maint
  • 15 Upper Eastside Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Association Fee: 481.70
  • Directions: At the corner of Arrellaga and Olive
  • Prop. Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Comm Area Maint, Exterior Maint
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Subdivision Name: 15 - Upper Eastside
  • Architectural Style: Craftsman
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2008
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Carpet: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • WaterSewer Meter In: Yes
  • Cooling Ceiling Fan(s): Yes
  • Style Craftsman2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Gas Stove, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, 2+, LR
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Interior Access

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Meter In, SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 027-760-001
  • Zoning: R-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2020
Sold by
Allegiance Exchange Corporation
Bought by
Merrill Wilson Patricia
Current Estimated Value
$2,026,272

Purchase Details

Listed on
Jun 24, 2019
Closed on
Aug 7, 2019
Sold by
Macdonald Karen L
Bought by
Allegiance Exchange Ciorporation
Seller's Agent
Kendrick Guehr
Keller Williams Realty Santa Barbara
Buyer's Agent
John Faulkner
Village Properties - 1
List Price
$1,545,000
Sold Price
$1,375,000
Premium/Discount to List
-$170,000
-11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$975,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 7, 2013
Closed on
Dec 11, 2013
Sold by
Lewis Robin L
Bought by
Macdonald Noel C and Macdonald Karen L
Seller's Agent
Alyson Spann
Village Properties - 1
Buyer's Agent
Steven Richardson
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,295,000
Premium/Discount to List
-$100,000
-7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$815,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2001
Sold by
Cannello Kristina G
Bought by
Cannello Kristina G

Purchase Details

Closed on
Nov 17, 1993
Sold by
Annamarie Schoepp
Bought by
Schoepp Annemarie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Merrill Wilson Patricia -- First American Title Company
Allegiance Exchange Ciorporation $1,375,000 First American Title Company
Macdonald Noel C $1,295,000 Wfg Title Company Of Ca
Cannello Kristina G -- --
Schoepp Annemarie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allegiance Exchange Ciorporation $975,000
Previous Owner Macdonald Noel C $815,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2019 08/30/19 Sold $1,375,000 -11.0% $604 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $1,545,000 +19.3% $679 / Sq Ft
12/27/2013 12/27/13 Sold $1,295,000 0.0% $560 / Sq Ft View Prior Sale
12/27/2013 12/27/13 Sold $1,295,000 -7.2% $569 / Sq Ft View Prior Sale
10/23/2013 10/23/13 Pending -- -- --
10/23/2013 10/23/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $1,395,000 -2.1% $613 / Sq Ft
07/16/2013 07/16/13 For Sale $1,425,000 -- $616 / 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 $15,626 $1,503,759 $574,162 $929,597
2023 $15,626 $1,445,367 $551,867 $893,500
2022 $15,079 $1,417,028 $541,047 $875,981
2021 $14,733 $1,389,244 $530,439 $858,805
2020 $14,581 $1,375,000 $525,000 $850,000
2019 $15,105 $1,428,399 $439,564 $988,835
2018 $14,890 $1,400,393 $430,946 $969,447
2017 $14,397 $1,372,936 $422,497 $950,439
2016 $14,066 $1,346,016 $414,213 $931,803
2014 $13,630 $1,295,000 $400,000 $895,000
Source: Public Records

Agents Affiliated with this Home

  • Kendrick Guehr

    Seller's Agent in 2019

    Kendrick Guehr

    Keller Williams Realty Santa Barbara

    (805) 448-4185

    1 in this area

    106 Total Sales

    Kendrick Guehr
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    The Epstein Partners

    Keller Williams Realty Santa Barbara

  • J

    Buyer's Agent in 2019

    John Faulkner

    Village Properties - 1

  • A

    Seller's Agent in 2013

    Alyson Spann

    Village Properties - 1

    (805) 637-2884

    27 Total Sales

    Alyson Spann
    Section Image

  • S

    Buyer's Agent in 2013

    Steven Richardson

    Coldwell Banker Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2198

Santa Barbara Multiple Listing Service

APN: 027-760-001

California Santa Barbara County Santa Barbara 93101 Lower Riviera

504 E Arrellaga St, Santa Barbara, CA

Not Listed for Sale

Condos

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