RENTED SEP 5, 2025

514 E Islay St Unit B Santa Barbara, CA 93101

Lower Riviera Neighborhood

Estimated Value: $2,197,000 - $2,294,000

2 Beds
1.5 Baths
850 Sq Ft
$2,651/Sq Ft Est. Value

Highlights

  • City View
  • Updated Kitchen
  • Contemporary Architecture
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Hilly Lot

About This Home

As of September 2025

Santa Barbara Sanctuary! Ideally located in the heart of Santa Barbara's upper Eastside, this beautifully designed unfurnished condo offers a tranquil retreat just moments from downtown. Enjoy close proximity to the historic Santa Barbara Mission, lush parks, and an array of exceptional dining and shopping options on State Street.

Planning an evening out? The renowned Santa Barbara Bowl is just a 5-minute drive away, and the scenic coastline is only 10 minutes from your doorstep. The neighborhood is ideal for leisurely walks, offering a peaceful and inviting atmosphere.

This condo features a bright, contemporary design, providing a perfect blend of comfort and convenience in one of Santa Barbara's most sought-after locations.

Last Agent to Rent the Property

Michelle King

King & Company License #02030289 Listed on: 08/14/2025

Last Renter's Agent

Michelle King

King & Company License #02030289 Listed on: 08/14/2025

Property Details

Home Type

  • Apartment

Lot Details

  • Hilly Lot
  • Property is in excellent condition

Parking

  • 2 Carport Spaces

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

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

Utilities

  • Cooling Available
  • Heating Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 027-064-007

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Apartment
  • NumberUnfurnished: Unfurnished
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Contemporary
  • Reso Flooring: Laminate, Wood
  • Unit Levels: Outside Stairs, Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information Total Bathrooms2: 1.5
  • Construction Single Story: Yes
  • View Mountain(s): Yes
  • View Setting: Yes
  • GroundsLandscaping Deck: Yes
  • Dining Dining Area: Yes
  • Laundry Laundry Room: Yes
  • Furnishings Internet: Yes
  • Proximity Near School(s): Yes
  • Proximity Near Shopping: Yes
  • GroundsLandscaping Patio Covered: Yes
  • LocationTopo Hilly: Yes
  • Proximity Near Park(s): Yes
  • Amenities Remodeled Bath: Yes
  • Amenities Remodeled Kitchen: Yes
  • Proximity Near Bus2: Yes
  • Proximity Near Hospital: Yes
  • Appliances Included Electric Range: Yes
  • FlrWdw Coverings Wood: Yes
  • ParkingGarage Cpt #23: Yes
  • ParkingGarage Total # Carport Spaces3: 2.0
  • HeatingCooling Electric3: Yes
  • FlrWdw Coverings Laminate: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • View: Mountain(s), City, Setting
  • Topography: Hilly
  • Exterior Features: Deck, Patio Covered
  • View:City3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #2

Utilities

  • Heating: Electric
  • HeatingYN: Yes

Lot Info

  • Parcel #: 027-064-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Snell Tony and Ashley James
Bought by
Gallemore Esmeralda and Esmeralda Gallemore Revocable
Current Estimated Value
$2,253,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$709,387
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,544,083

Purchase Details

Closed on
Sep 24, 2019
Sold by
Stone Kap Partners Llc
Bought by
Snell Tony and Snell James Ashley

Purchase Details

Closed on
Apr 1, 2019
Sold by
Shuman Jeffrey P and The Jeffrey P Shuman 2009 Trus
Bought by
Stone Kap Partners Llc

Purchase Details

Closed on
Apr 26, 2018
Sold by
Nikodemski Bruno A
Bought by
Shuman Jeffrey P and The Jeffrey P Shuman 2009 Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.45%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gallemore Esmeralda $1,400,000 Fidelity National Title
Snell Tony -- None Available
Stone Kap Partners Llc $1,350,000 First American Title Company
Shuman Jeffrey P $1,150,000 Fidelity Natl Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallemore Esmeralda $800,000
Previous Owner Shuman Jeffrey P $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Rented -- -- --
09/03/2025 09/03/25 Under Contract -- -- --
08/29/2025 08/29/25 Price Changed $4,800 -4.0% $6 / Sq Ft
08/25/2025 08/25/25 Price Changed $5,000 -2.0% $6 / Sq Ft
08/19/2025 08/19/25 Price Changed $5,100 -3.8% $6 / Sq Ft
08/14/2025 08/14/25 For Rent $5,300 0.0% --
08/07/2025 08/07/25 Under Contract -- -- --
05/01/2025 05/01/25 Price Changed $5,300 -3.6% $6 / Sq Ft
03/29/2025 03/29/25 For Rent $5,500 -- --
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 $15,823 $1,515,403 $790,174 $725,229
2023 $15,823 $1,456,560 $759,492 $697,068
2022 $15,266 $1,428,000 $744,600 $683,400
2021 $14,915 $1,400,000 $730,000 $670,000
2020 $14,384 $1,350,000 $725,000 $625,000
2019 $12,537 $1,173,000 $714,000 $459,000
2018 $3,640 $332,073 $136,755 $195,318
2017 $3,520 $325,563 $134,074 $191,489
2016 $3,510 $319,181 $131,446 $187,735
2014 $3,417 $308,230 $126,936 $181,294
Source: Public Records

Agents Affiliated with this Home

  • Michelle King

    Landlord's Agent in 2025

    Michelle King

    King & Company

    (805) 455-8818

    18 Total Sales

    Michelle King
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1228

Santa Barbara Multiple Listing Service

APN: 027-064-007

California Santa Barbara County Santa Barbara 93101 Lower Riviera

514 E Islay St Unit B, Santa Barbara, CA

Not Listed for Sale

MultiFamily

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