NOT LISTED FOR SALE

Estimated Value: $1,742,000 - $2,525,406

6 Beds
3 Baths
2,094 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $1,700,000 $812 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $13,636/month

179 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Patio
  • San Marcos Senior High School Rated A
  • Fireplace
  • 1-minute walk to Oak Park

About This Home

As of May 2018

Pride of ownership triplex located in-town, across from Oak Park & near Cottage Hospital.Excellent income potential or live in one unit and rent out the others. The free-standing front home is a 3BR w/ hdwd flrs & a fpl in the living room.Two apartments set back from the road, each above a large double garage.One apartment is a 2-bedroom & the other is a 1-bedroom, both w/ delightful rooftop views.

Last Agent to Sell the Property

PJ Williams

Goodwin & Thyne Properties License #01908420 Listed on: 04/07/2018

Last Buyer's Agent

Barbara Koutnik

Sotheby's International Realty License #00809916

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,089

Year Built

  • Built in 2002

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 4 Car Garage

Interior Spaces

  • Fireplace

Kitchen

  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Patio

Location

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

Schools

  • Peabody Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 025-051-005

Community Details

Overview

  • 3 Units
  • 20 Oak Park Subdivision

Building Details

  • Gross Income $96,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,089

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2002
  • Income Expenses Annual Income: 96600.0
  • Monthly Income: 8050.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Other
  • Subdivision Name: 20 - Oak Park
  • Reso Flooring: Other
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2002
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Condition Excellent: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 7841.0
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • Parking Info Garages: Yes
  • Amenities Deck2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • Amenities Patio2: Yes
  • Amenities:_two_20V: Yes
  • Parking Info Total # Garage Spaces2: 4.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.18
  • Foundation Details: Mixed

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Garages, Mixed

Association/Amenities

  • Fireplace: Yes

Schools

  • Elementary School: Peabody
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 025-051-005
  • Zoning: R-3
  • Lot Size Sq Ft: 7841.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 96600.0
  • Total Actual Rent: 8050.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Apr 24, 2018
Sold by
Tristar 6 Llc
Bought by
Carina Llc
Seller's Agent
PJ Williams
Goodwin & Thyne Properties
Buyer's Agent
Barbara Koutnik
Sotheby's International Realty
List Price
$1,777,000
Sold Price
$1,700,000
Premium/Discount to List
-$77,000
-4.33%
Current Estimated Value
$2,199,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,602
Avg. Annual Appreciation
3.60%
Original Mortgage
$1,020,000
Interest Rate
4.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 14, 2013
Closed on
Aug 16, 2013
Sold by
A Ok Holdings Llc
Bought by
Tristar 6 Llc
Seller's Agent
Andrew 'Andy' Adler
Century 21 Masters
Buyer's Agent
PJ Williams
Goodwin & Thyne Properties
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Aug 22, 2008
Sold by
Thomas Larry A and Thomas Wilda D
Bought by
A Ok Holdings Llc

Purchase Details

Closed on
Jul 19, 2005
Sold by
Below William A and Ho Hsiu Zu
Bought by
Below William A and Ho Hsiu Zu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Below William A and Ho Hsiu Zu
Bought by
Thomas Larry and Thomas Wilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2002
Sold by
Below William A and Below Hsiu Zu Ho
Bought by
Below William A and Below Hsiu Zu Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
7.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 25, 2000
Sold by
Gage Anna Elizabeth
Bought by
Nelson Robert A and Delaney Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.13%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Federal National Mortgage Association
Bought by
Chase Manhattan Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.13%

Purchase Details

Closed on
Aug 9, 2000
Sold by
Nelson Robert A and Delaney Donald E
Bought by
Below William A and Ho Tsiu Zu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.13%
Source: Public Records

Range of Values:

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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
Carina Llc $1,700,000 Chicago Title Co
Tristar 6 Llc $1,450,000 Chicago Title Company
A Ok Holdings Llc -- None Available
Below William A -- Fidelity National Title Co
Thomas Larry -- Fidelity National Title Co
Below William A -- --
Nelson Robert A -- Fidelity National Title Co
Chase Manhattan Mtg Corp -- Fidelity National Title
Below William A $495,000 Fidelity National Title Co
Nelson Robert A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carina Llc $1,045,000
Closed Carina Llc $1,020,000
Previous Owner Thomas Larry $1,320,000
Previous Owner Thomas Larry $1,300,000
Previous Owner Below William A $644,500
Previous Owner Below William A $644,500
Previous Owner Below William A $650,000
Previous Owner Below William A $384,900
Previous Owner Below William A $145,500
Previous Owner Below William A $285,000
Previous Owner Sowins Robert A $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $1,700,000 -4.3% $812 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
10/11/2017 10/11/17 For Sale $1,777,000 +22.6% $849 / Sq Ft
08/30/2013 08/30/13 Sold $1,450,000 -3.0% $692 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $1,495,000 -- $714 / 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 $20,089 $1,934,306 $938,708 $995,598
2023 $20,089 $1,859,196 $902,257 $956,939
2022 $19,387 $1,822,742 $884,566 $938,176
2021 $18,915 $1,787,003 $867,222 $919,781
2020 $18,747 $1,768,680 $858,330 $910,350
2019 $18,394 $1,734,000 $841,500 $892,500
2018 $16,692 $1,562,184 $538,684 $1,023,500
2017 $16,141 $1,531,554 $528,122 $1,003,432
2016 $15,760 $1,501,524 $517,767 $983,757
2014 $15,331 $1,450,000 $500,000 $950,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3437

Santa Barbara Multiple Listing Service

APN: 025-051-005