NOT LISTED FOR SALE
0.26 Acre
-- Price per Acre
11,326 Sq Ft Lot

Last Sold May 03, 2016

Last sale price $2,100,000 $183 Per Sq Ft

289 Days on Market

About This Lot

As of May 2016

This newly designed 7 unit mixed use condo development project is now all single level flats and is conveniently located along the newly developed Chapala Street Corridor in downtown Santa Barbara within walking distance to all State Street amenities. This development boasts all single level condos(flats), private outdoor patios, 2 garaged parking spaces for most units and beautifully landscaped.

Last Agent to Sell the Property

Stephen Brown

Radius Group Commercial R.E. License #00461986 Listed on: 01/22/2015

Radius Group Commercial R.E.

Last Buyer's Agent

Steve Golis

Radius Group Commercial R.E. License #00772218

Radius Group Commercial R.E.

Property Details

Property Type

  • Land

Lot Details

  • 0.26 Acre Lot
  • Property is zoned C-2

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 037-163-007

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Commercial
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Property Information Apx Lot SqFt: 11500.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.26

Schools

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

Lot Info

  • Parcel #: 037-163-007
  • Zoning: C-2
  • Lot Size Sq Ft: 11500.0
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
St George City Edward
Bought by
Sbid Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$532,106
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2016
Sold by
Hipps Christiane M
Bought by
Stgeorge Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.5%

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 27, 2016
Sold by
St George Claudia
Bought by
St George Edward
Seller's Agent
Stephen Brown
Radius Group Commercial R.E.
Buyer's Agent
Steve Golis
Radius Group Commercial R.E.
List Price
$2,650,000
Sold Price
$2,100,000
Premium/Discount to List
-$550,000
-20.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 4, 2016
Sold by
H & R Investments Lp
Bought by
St George Edward
Seller's Agent
Stephen Brown
Radius Group Commercial R.E.
Buyer's Agent
Steve Golis
Radius Group Commercial R.E.
List Price
$2,650,000
Sold Price
$2,100,000
Premium/Discount to List
-$550,000
-20.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2004
Sold by
Santa Barbara Valet Inc
Bought by
H&R Investments Lp

Purchase Details

Closed on
Nov 10, 2004
Sold by
Montecito Bank & Trust and Fraser Ann
Bought by
Santa Barbara Valet Inc
Source: Public Records
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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
Sbid Llc -- First American Title
Stgeorge Edward -- --
St George Edward -- First American Title Company
St George Edward $2,100,000 First American Title Company
H&R Investments Lp -- First American Title Company
Santa Barbara Valet Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sbid Llc $550,000
Previous Owner Stgeorge Edward --
Previous Owner St George Edward $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $2,100,000 -20.8% $183 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $2,650,000 -- $230 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $12,949 $2,485,965 $2,484,549 $1,416
2023 $12,949 $1,194,714 $1,194,034 $680
2022 $12,495 $1,171,289 $1,170,622 $667
2021 $12,206 $1,148,323 $1,147,669 $654
2020 $12,080 $1,136,550 $1,135,902 $648
2019 $11,870 $1,114,266 $1,113,630 $636
2018 $11,702 $1,092,419 $1,091,795 $624
2017 $11,315 $1,071,000 $1,070,388 $612
2016 $9,952 $941,987 $941,403 $584
2015 $9,843 $927,839 $927,263 $576
2014 $9,682 $909,665 $909,100 $565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-242

Santa Barbara Multiple Listing Service

APN: 037-163-007