Chris Palme
Sotheby's International Realty
(805) 262-8876
17 Total Sales
3 in Lower Riviera
$1.8M - $3.2M Price Range
515 E Arrellaga St Unit 1 Santa Barbara, CA 93103
Lower Riviera Neighborhood
2
Beds
2
Baths
--
Sq Ft
--
Built
Highlights
- Property is near park, schools, and bus stop
- Covered Patio or Porch
- Laundry Facilities
- Ground Level Unit
- Cooling System Mounted In Outer Wall Opening
- Property is in excellent condition
About This Home
As of March 2025This beautifully updated ground-floor apartment offers unique features in the heart of downtown, just two blocks from Alice Keck Park. The bright and inviting living space opens to a private balcony, perfect for enjoying Santa Barbara's ideal weather. Additional features include a covered carport parking space and access to an on-site laundry room. Don't miss this opportunity to live in a prime location with convenience and charm!
Last Agent to Rent the Property
King & Company License #02030289 Listed on: 03/01/2025
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Property Details
Home Type
- Apartment
Parking
- 1 Carport Space
Interior Spaces
- Dining Area
- Laminate Flooring
- Fire and Smoke Detector
Kitchen
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Location
- Ground Level Unit
- Property is near park, schools, and bus stop
- Property near a hospital
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Additional Features
- Stepless Entry
- Covered Patio or Porch
- Property is in excellent condition
Listing and Financial Details
- Property Available on 3/1/25
- Assessor Parcel Number 027-132-013
Community Details
Amenities
- Laundry Facilities
Pet Policy
- No Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.55%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 30, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.55%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 7, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.55%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lower Riviera, CA
-
Chris Palme
-
Kevin Goodwin
Kevin Goodwin
Goodwin & Thyne Properties
(805) 979-2658
52 Total Sales
3 in Lower Riviera
$3,300,000 Price Range
-
Susan Pate
Susan Pate
Compass
(805) 617-1044
10 Total Sales
2 in Lower Riviera
$3.2M - $5.1M Price Range
-
Larry Krogh
Larry Krogh
LIV Sotheby's International Realty
(805) 586-9558
131 Total Sales
2 in Lower Riviera
$2,250,000 Price Range
-
Janice Laney
Janice Laney
Keller Williams Santa Barbara
(805) 865-7385
31 Total Sales
3 in Lower Riviera
$1.6M - $2.6M Price Range
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
1 in Lower Riviera
$2,650,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $6,595,000 | Fidelity National Title | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $3,000,000 | ||
| Previous Owner | $1,500,000 | ||
| Previous Owner | $1,500,000 | ||
| Previous Owner | $1,500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Rented | -- | -- | -- |
| 03/13/2025 03/13/25 | Under Contract | -- | -- | -- |
| 03/01/2025 03/01/25 | For Rent | $3,950 | +36.2% | -- |
| 08/03/2019 08/03/19 | Rented | $2,900 | 0.0% | -- |
| 08/03/2019 08/03/19 | Under Contract | -- | -- | -- |
| 07/28/2019 07/28/19 | For Rent | $2,900 | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $72,397 | $6,998,666 | $1,804,053 | $5,194,613 |
| 2025 | $72,397 | $6,861,438 | $1,768,680 | $5,092,758 |
| 2023 | $71,160 | $6,595,000 | $1,700,000 | $4,895,000 |
| 2022 | $39,095 | $3,678,049 | $1,674,089 | $2,003,960 |
| 2021 | $38,200 | $3,605,931 | $1,641,264 | $1,964,667 |
| 2020 | $37,807 | $3,568,957 | $1,624,435 | $1,944,522 |
| 2019 | $37,149 | $3,498,979 | $1,592,584 | $1,906,395 |
| 2018 | $36,624 | $3,430,372 | $1,561,357 | $1,869,015 |
| 2017 | $35,424 | $3,363,974 | $1,530,743 | $1,833,231 |
| 2016 | $34,334 | $3,284,289 | $1,500,729 | $1,783,560 |
| 2014 | $28,762 | $2,729,500 | $1,249,500 | $1,480,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle King
Landlord's Agent in 2025
Michelle King
King & Company
(805) 455-8818
19 Total Sales
-
P
Seller's Agent in 2019
Paul Knight
Richardson Real Estate Services, Inc.
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-880
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