NOT LISTED FOR SALE

515 E Cook St Santa Maria, CA 93454

Santa Maria Area

Estimated Value: $832,669 - $1,154,000

5 Beds
3 Baths
2,427 Sq Ft
$399/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2019

Last sale price $625,000 $258 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,843 / mo

24 Days on Market

Highlights

  • Double Pane Windows
  • 1-Story Property
  • Level Lot
  • Patio
  • Coin Laundry
  • Heating System Uses Natural Gas

About This Home

As of August 2019

Very unique and versatile layout for this high return investment property. Front building is 1,803 sq. ft. and contains a 3 bedroom, 1 bath house with attached but separate 1 bedroom, 1 bathroom apartment. Rear cottage is a free standing 1 bedroom, 1 bathroom house with separate utility meters. Total rental income on the property is $5,025/month. Great investment opportunity or live in one and rent the others or turn the front building into a large 5 bedroom house with the separate cottage in the back: So much potential! Coin operated washer and dryer in laundry room. Small detached garage and long driveway for parking and storage. Alley access to additional two parking spaces by cottage in the back. Updated kitchens and bathrooms, dual pane windows, tankless water heaters.

Last Agent to Sell the Property

Keith Silva

Comet Realty License #01335779 Listed on: 06/18/2019

Last Buyer's Agent

Default Non Member Santa Ynez

Unknown Office

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,427 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Cable TV Available

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, gardener, taxes, insurance

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Unit Levels: One
  • LotSizeAcres: 0.17
  • Co List Office Mls Id: 67
  • Year Built: 1940
  • Listing, Location and Property Info: Deposit: 3.0
  • Site Improvements: Paved Streets, Curbs/Gutter, Cable Available, Sidewalks
  • Lot Characteristics: Level, Alley
  • General Property Information: Total # Units: 3
  • Levels: One
  • Special Features: None

Interior Features

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Gardener, Taxes, Insurance
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Features: Dual Pn Windows

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Raised, Slab, None
  • Other Structures: Other
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 - 5

Utilities

  • Heating: Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Common Area, Coin Op
  • Cooling: None
  • Heating Yn: Yes
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7405.0

Multi Family

  • Number Of Units Total: 3

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

Listed on
Jun 18, 2019
Closed on
Jul 18, 2019
Sold by
Bought by
Seller's Agent
Keith Silva
Comet Realty
Buyer's Agent
Default Non Member Santa Ynez
Unknown Office
Sold Price
$625,000
Current Estimated Value
$948,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,179
Avg. Annual Appreciation
6.42%

Purchase Details

Listed on
May 27, 2016
Closed on
Jun 30, 2016
Sold by
Bought by
Seller's Agent
Polly Watts
Wedgewood Homes Realty
Buyer's Agent
Keith Silva
Comet Realty
Sold Price
$496,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$479,446
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 2015
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.
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 1998
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
$45,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
$625,000 Fidelity National Title Co
$496,000 Title 365
$265,100 Accommodation
-- First American Title
-- Fidelity National Title Co
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 $479,446
Previous Owner --
Previous Owner $352,500
Previous Owner $96,000
Previous Owner $82,500
Previous Owner $45,000
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 Prior Sale
08/09/2019 08/09/19 Sold $625,000 +26.0% $258 / Sq Ft
07/20/2016 07/20/16 Sold $496,000 -- $209 / Sq Ft View Prior Sale
Source: North Santa Barbara County Regional MLS

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 $7,697 $697,193 $167,325 $529,868
2025 $7,353 $683,524 $164,045 $519,479
2023 $7,353 $656,984 $157,676 $499,308
2022 $7,116 $644,103 $154,585 $489,518
2021 $6,931 $631,474 $151,554 $479,920
2020 $6,922 $625,000 $150,000 $475,000
2019 $5,779 $516,038 $203,918 $312,120
2018 $5,707 $505,920 $199,920 $306,000
2017 $5,643 $496,000 $196,000 $300,000
2016 $4,286 $385,000 $200,000 $185,000
2015 $721 $70,543 $18,542 $52,001
2014 $687 $69,162 $18,179 $50,983
Source: Public Records

Agents Affiliated with this Home

  • KS

    Seller's Agent in 2019

    Keith Silva

    Comet Realty

  • DN

    Buyer's Agent in 2019

    Default Non Member Santa Ynez

    Unknown Office

  • PW

    Seller's Agent in 2016

    Polly Watts

    Wedgewood Homes Realty

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Map

Source: North Santa Barbara County Regional MLS

MLS Number: 19001638

North Santa Barbara County Regional MLS

APN: 125-073-012

California Santa Barbara County Santa Maria 93454

515 E Cook St, Santa Maria, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Santa Barbara County Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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