NOT LISTED FOR SALE

515 N Alisos St Santa Barbara, CA 93103

Eastside Neighborhood

Estimated Value: $1,469,000 - $1,793,000

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $1,200,000

Est. 34% increase in value since last sale

Current estimated payment $9,695/month

8 Days on Market

Highlights

  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • 2 Car Garage

About This Home

As of October 2021

This newly remodeled Santa Barbara duplex is an excellent investment opportunity; each unit offers two bedrooms, one bathroom, a living room, a kitchen and abundant off street parking. The tasteful remodel boasts new flooring, windows, paint and kitchen appliances.
The convenient location is walking distance to all of the Milpas corridor shops, restaurants, schools, and it is a short trip to all of the Santa Barbara's downtown amenities. The property
is an incredible opportunity for investors or owner users who are looking for steady rental income with upside and low maintenance

Last Agent to Sell the Property

Chris Parker

Radius Group Commercial R.E. Listed on: 08/23/2021

Co-Listed By

Austin Herlihy

Radius Group Commercial R.E.

Last Buyer's Agent

Scott Williams

Berkshire Hathaway HomeServices California Properties License #00628741

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,243

Year Built

  • Built in 1958

Lot Details

  • 6,970

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces

Flooring

  • Wood
  • Vinyl Plank

Schools

  • Franklin Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 031-241-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,243

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1958
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • Reso Flooring: Wood/Laminate
  • Garage Yn: Yes
  • Property Information Year Built2: 1958
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 4.0
  • FlrWdw Coverings WoodLaminate2: Yes
  • Parking Info Garages: Yes
  • Parking Info Total # Garage Spaces2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features: Garages, Uncovered

Schools

  • Elementary School: Franklin
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 031-241-045
  • Zoning: Other

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 24, 2021
Sold by
Dos Alisos Llc
Bought by
Yao Mike Zhengyu and Hom Deborah Michele
Seller's Agent
Chris Parker
Radius Group Commercial R.E.
Buyer's Agent
Scott Williams
Berkshire Hathaway HomeServices California Properties
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,612,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,477
Avg. Annual Appreciation
6.87%
Original Mortgage
$900,000
Outstanding Balance
$822,495
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$739,699

Purchase Details

Listed on
Aug 7, 2014
Closed on
Dec 22, 2014
Sold by
Meeteetse Limited Partnership
Bought by
Dos Alisos Llc
Seller's Agent
Eric Schott
Coldwell Banker Realty
Buyer's Agent
Natalie Grubb
Village Properties
List Price
$750,000
Sold Price
$595,000
Premium/Discount to List
-$155,000
-20.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Sep 24, 2014
Sold by
Kurland Irwin S
Bought by
Meeteetse Limited Partnership
Source: Public Records

Range of Values:

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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
Yao Mike Zhengyu $1,200,000 Fidelity National Title Co
Dos Alisos Llc -- First American Title Company
Meeteetse Limited Partnership $595,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yao Mike Zhengyu $900,000
Previous Owner Dos Alisos Llc $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $1,200,000 0.0% --
08/31/2021 08/31/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $1,200,000 +101.7% --
11/25/2014 11/25/14 Sold $595,000 -20.7% --
11/20/2014 11/20/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $750,000 -- --
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 $13,243 $1,273,449 $689,785 $583,664
2023 $13,243 $1,224,000 $663,000 $561,000
2022 $12,779 $1,200,000 $650,000 $550,000
2021 $7,030 $660,636 $333,095 $327,541
2020 $6,957 $653,863 $329,680 $324,183
2019 $6,836 $641,043 $323,216 $317,827
2018 $6,739 $628,475 $316,879 $311,596
2017 $6,516 $616,153 $310,666 $305,487
2016 $6,418 $604,073 $304,575 $299,498
2014 $1,118 $94,353 $42,374 $51,979
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chris Parker

    Radius Group Commercial R.E.

  • A

    Seller Co-Listing Agent in 2021

    Austin Herlihy

    Radius Group Commercial R.E.

  • Scott Williams

    Buyer's Agent in 2021

    Scott Williams

    Berkshire Hathaway HomeServices California Properties

    (805) 451-9300

    2 in this area

    56 Total Sales

    Scott Williams
    Section Image

  • E

    Seller's Agent in 2014

    Eric Schott

    Coldwell Banker Realty

  • S

    Seller Co-Listing Agent in 2014

    Sara Guthrie

    Coldwell Banker Realty

  • Natalie Grubb

    Buyer's Agent in 2014

    Natalie Grubb

    Village Properties

    (805) 895-6226

    1 in this area

    37 Total Sales

    Natalie Grubb
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3167

Santa Barbara Multiple Listing Service

APN: 031-241-045

California Santa Barbara County Santa Barbara 93103 Eastside

515 N Alisos St, Santa Barbara, CA

This home is located at 515 N Alisos St, Santa Barbara, CA 93103 since 23 August 2021 and is currently estimated at $1,612,477. This property was built in 1958. 515 N Alisos St is a home located in Santa Barbara County with nearby schools including Franklin Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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