NOT LISTED FOR SALE

531 Chapala St Unit C Santa Barbara, CA 93101

Estimated Value: $2,306,000 - $3,584,000

2 Beds
2.5 Baths
2,530 Sq Ft
$601/mo HOA Fee

Last Sold May 28, 2021

Last sale price $2,500,000 $988 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $18,720/month

Highlights

  • Fireplace in Primary Bedroom
  • Radiant Floor
  • Den
  • San Marcos Senior High School Rated A
  • Mediterranean Architecture
  • Enclosed Patio or Porch

About This Home

As of May 2021

Captivating is an understatement. Located in the heart of Santa Barbara, just steps away from State Street shopping & dining, this eclectic flat takes an imaginative angle on Santa Barbara style combined w/modernized, unmistakable charm. W/impeccable attention to detail, 531 Chapala sits at the forefront of opulence & luxury. Renowned nationwide for his unique approach to architecture, Jeff Shelton, a Santa Barbara local and architectural wizard combines colorful tile, rounded surfaces, arch ways and more to create state of the art masterpieces spotted throughout town. Situated on the 500 block of Chapala Street, Shelton has created a small enclave of expressive condos that all connect to a beautifully tiled and cheerful courtyard. Filled with natural light, this home opens onto two private patios in addition to the shared community courtyard in which the front entrance is located. Lower-level parking is found underneath the building and can be reached by your own private keyed-elevator. Entertainment comes easy with a floor plan that integrates the kitchen, dining room and living room all to flow-into each other. Designed with immeasurable intricacy 531 incorporates walls of mosaic, tiled back splashes and hand carved detail that bring a newfound energy to the home. Offering two bedrooms each with their own bathroom and a den, relaxation and privacy can easily be enjoyed. Abound with character, color and style, this exclusive town house is a true Santa Barbara treasure.

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 05/28/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Diane Lundberg

Coldwell Banker Realty License #01409305

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,547

Year Built

  • Built in 2009

Lot Details

  • Gated Home
  • Property is in excellent condition

HOA Fees

  • $601 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,530 Sq Ft Home
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Heating Available
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 037-470-005

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,547

Year Built

Built in 2009

Lot Details

0

HOA Fees

$601 per month

Parking

2

Listing Details

  • Association Fee: 601.45/month
  • Prop. Type: Residential
  • Year Built: 2009
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room, In Unit
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Medit
  • Reso Flooring: Tile
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2009
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Fireplace(s):_two_3: Yes
  • Roof:Tile2: Yes
  • Laundry In Unit2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms:Den: Yes
  • Rooms Patio Enclosed2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Rnge/Blt-In, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Primary Bedroom, 2, LR

Exterior Features

  • Roof: Tile
  • Construction Type: Stucco
  • Exterior Features: Patio Open, Patio Covered
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Interior Access

Utilities

  • Heating: Radiant Floor
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Radiant Floor: Yes

Schools

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

Lot Info

  • Parcel #: 037-470-005
  • Zoning: C-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
May 24, 2021
Sold by
Porpiglia Vincent and Lsing Claude A
Bought by
Hendsch David L and Hendsch Debra C
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Diane Lundberg
Coldwell Banker Realty
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Current Estimated Value
$3,072,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,144
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Jul 15, 2014
Closed on
Oct 29, 2014
Sold by
Olson Leon Allan
Bought by
Claude A Ising & Joan L Ising Living Tru
Seller's Agent
JoAnn Mermis &
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Natalie Grubb
Village Properties
List Price
$2,645,000
Sold Price
$2,537,500
Premium/Discount to List
-$107,500
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.23%
Original Mortgage
$1,800,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 27, 2014
Closed on
Mar 18, 2014
Sold by
Barringer Jasie S
Bought by
Olson Leon Allan
Seller's Agent
JoAnn Mermis &
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,365,000
Sold Price
$2,208,750
Premium/Discount to List
-$156,250
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.01%
Original Mortgage
$1,546,125
Interest Rate
4.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2012
Sold by
Barringer Jasie S
Bought by
Barringer Jasie S

Purchase Details

Closed on
Apr 21, 2010
Sold by
Who Ville Llc
Bought by
Barringer Jasie S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hendsch David L $2,500,000 Chicago Title Company
Claude A Ising & Joan L Ising Living Tru $2,537,500 First American Title Company
Olson Leon Allan -- First American Title Company
Barringer Jasie S -- Fatco
Barringer Jasie S $2,175,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Claude A Ising & Joan L Ising Living Tru $1,800,000
Previous Owner Olson Leon Allan $1,546,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $2,500,000 +0.2% $988 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $2,495,000 -1.7% $986 / Sq Ft
12/10/2014 12/10/14 Sold $2,537,500 -4.1% $1,003 / Sq Ft View Prior Sale
11/03/2014 11/03/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $2,645,000 +19.8% $1,045 / Sq Ft
04/11/2014 04/11/14 Sold $2,208,750 -6.6% $873 / Sq Ft View Prior Sale
03/13/2014 03/13/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $2,365,000 -- $935 / Sq Ft
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 $22,547 $2,178,976 $719,852 $1,459,124
2023 $22,547 $2,094,365 $691,900 $1,402,465
2022 $21,756 $2,053,300 $678,334 $1,374,966
2021 $27,193 $2,567,348 $1,116,357 $1,450,991
2020 $26,839 $2,541,024 $1,104,911 $1,436,113
2019 $26,370 $2,491,201 $1,083,247 $1,407,954
2018 $25,996 $2,442,355 $1,062,007 $1,380,348
2017 $25,137 $2,394,467 $1,041,184 $1,353,283
2016 $24,490 $2,347,518 $1,020,769 $1,326,749
2015 $24,221 $2,312,257 $1,005,437 $1,306,820
2014 $24,138 $2,290,257 $916,103 $1,374,154
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1938

Santa Barbara Multiple Listing Service

APN: 037-570-005