NOT LISTED FOR SALE

5092 Rhoads Ave Unit E Santa Barbara, CA 93111

East Goleta Valley Neighborhood

Estimated Value: $989,581 - $1,144,000

2 Beds
1.5 Baths
1,260 Sq Ft
$868/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $620,000 $492 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,709/month

43 Days on Market

Highlights

  • Property is near an ocean
  • Contemporary Architecture
  • Wood Flooring
  • Hollister Elementary School Rated A
  • Wooded Lot
  • End Unit

About This Home

As of August 2015

Absolutely the best location in the complex, right on the bike path with easy access to town, Goleta Beach and UCSB. Immaculate end unit with enlarged paver patio, opens to greenbelt and quiet outdoor areas. Turn key interior, wood flooring, remodeled bathrooms, newer dual pane windows, custom shutter window coverings. 2 car attached garage. Community pool and spa. Bedroom addition is allowed.

Last Agent to Sell the Property

Jeanne Palumbo

Sotheby's International Realty Listed on: 06/25/2015

Co-Listed By

Carol Mineau

Sotheby's International Realty License #00889225

Last Buyer's Agent

Brooke Williams

Keller Williams Realty Santa Barbara License #01971022

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • Level Lot
  • Wooded Lot
  • Property is in excellent condition

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Direct Access Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry in Garage
  • Property Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property near a hospital
  • Property is near shops

Schools

  • Hollister Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Heating Available
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 065-600-005

Community Details

Overview

  • Association fees include insurance, water, exterior maint
  • 85 Buildings
  • 85 Units
  • Walnut Park Townhome Community
  • Greenbelt
  • Planned Unit Development

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Association Fee: 325
  • Directions: Hollister to Walnut, Walnut towards bikepath then turn left on Rhoads, First driveway on the left. Please park on the street and walk in.
  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: PUD
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool, Greenbelt
  • Reso Association Fee Includes: Insurance, Water, Exterior Maint
  • Co List Office Mls Id: sir06
  • Co List Office Phone: 805-963-1391
  • Architectural Style: Contemporary
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 85
  • NeighborhoodSchools Elementary School: Hollister
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Gas8: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Wooded4: Yes
  • Location Info Development Name: Walnut Park TownHome
  • Laundry In Garage2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • AssocPark Amenities Pool4: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • CondoCO-OPPUD End Unit: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Gas Stove
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, LR

Exterior Features

  • Roof: Flat
  • View: Setting
  • Construction Type: Stucco
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Patio Open, Wooded
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

  • Heating: Electric
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Goleta Wtr
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Hollister
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 065-600-005
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Gruenberg Robert D and Gruenberg Molly G
Bought by
Gruenberg Family Revocable Trust and Gruenberg
Current Estimated Value
$1,093,145

Purchase Details

Listed on
Jun 25, 2015
Closed on
Aug 21, 2015
Sold by
Motola Jenna L and Motola John A
Bought by
Gruenberg Robert D and Gruenberg Molly G
Seller's Agent
Jeanne Palumbo
Sotheby's International Realty
Buyer's Agent
Brooke Williams
Keller Williams Realty Santa Barbara
List Price
$669,000
Sold Price
$620,000
Premium/Discount to List
-$49,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$460,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2008
Sold by
Weber Rene and Han Song I
Bought by
Motola Jenna L and Motola John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,250
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2006
Sold by
Han Song I
Bought by
Weber Rene and Han Song I

Purchase Details

Closed on
May 24, 2004
Sold by
Mossonite Tim M and Giolli Andrea C
Bought by
Han Song I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1995
Sold by
Benetz Deanne and Hornbaker Deanne
Bought by
Mossontte Tim M and Giolli Andrea C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,350
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
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
Gruenberg Family Revocable Trust -- None Listed On Document
Gruenberg Robert D $620,000 Chicago Title Company
Motola Jenna L $525,000 Equity Title Santa Barbara
Weber Rene -- None Available
Han Song I -- Chicago Title Company
Mossontte Tim M $171,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gruenberg Robert D $460,500
Previous Owner Motola Jenna L $509,250
Previous Owner Han Song I $500,000
Previous Owner Mossontte Tim M $162,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $620,000 -7.3% $492 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $669,000 -- $531 / 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 $8,073 $733,948 $366,974 $366,974
2023 $8,073 $705,450 $352,725 $352,725
2022 $7,818 $691,618 $345,809 $345,809
2021 $7,692 $678,058 $339,029 $339,029
2020 $7,495 $671,106 $335,553 $335,553
2019 $7,363 $657,948 $328,974 $328,974
2018 $7,214 $645,048 $322,524 $322,524
2017 $7,089 $632,400 $316,200 $316,200
2016 $6,886 $620,000 $310,000 $310,000
2015 $6,089 $548,000 $314,000 $234,000
2014 $5,610 $498,000 $285,000 $213,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jeanne Palumbo

    Sotheby's International Realty

  • C

    Seller Co-Listing Agent in 2015

    Carol Mineau

    Sotheby's International Realty

  • B

    Buyer's Agent in 2015

    Brooke Williams

    Keller Williams Realty Santa Barbara

    Section Image

  • T

    Buyer Co-Listing Agent in 2015

    The Epstein Partners

    Keller Williams Realty Santa Barbara

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2173

Santa Barbara Multiple Listing Service

APN: 065-600-005

California Santa Barbara County Santa Barbara 93111 East Goleta Valley

5092 Rhoads Ave Unit E, Santa Barbara, CA

Not Listed for Sale

MultiFamily

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