NOT LISTED FOR SALE

5512 Armitos Ave Unit 41 Goleta, CA 93117

Estimated Value: $530,000 - $565,000

1 Bed
1 Bath
701 Sq Ft
$330/mo HOA Fee

Last Sold December 18, 2014

Last sale price $307,000 $438 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,530/month

61 Days on Market

Highlights

  • Property is near public transit, shops, and bus stop
  • Ground Level Unit
  • Patio
  • Goleta Valley Junior High School Rated A
  • Community Pool
  • Tile Flooring

About This Home

As of December 2014

Convenient to Old Town Goleta shops and restaurants & located in the most desirable spot of the La Goleta community sits this vibrant, ground floor, one bedroom one bathroom condo with tile floors, a bright and sunny private patio perfect for relaxing and BBQs, & a sparkling pool that you can enjoy on a hot day.

Last Agent to Sell the Property

The Santa Barbara

Berkshire Hathaway HomeServices California Properties Listed on: 08/13/2014

Last Buyer's Agent

Emerald Martinez

Santa Barbara Brokers, Inc. License #01800305

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 701 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Ground Level Unit
  • Property is near public transit, shops, and bus stop
  • Property near a hospital

Schools

  • El Camino Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Additional Features

  • Stepless Entry
  • Patio
  • Property is in excellent condition
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 071-280-021

Community Details

Overview

  • Association fees include insurance, trash, prop mgmt, comm area maint, exterior maint
  • La Goleta Community
  • Greenbelt

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Association Fee: 330
  • Directions: Dearborn to Armitos make a left. Located on the right ground floor.
  • Prop. Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Amenities: Pool, Greenbelt
  • Reso Association Fee Includes: Insurance, Trash, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Reso Flooring: Tile
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1972
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: El Camino
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Dining Dining Area2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Location Info Development Name: La Goleta
  • CondoCO-OPPUD Attached7: Yes
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Unc #12: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Amenities Grnd Unit: Yes
  • Proximity Near Hospital2: Yes
  • Laundry Common Area2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Topography: Level
  • Exterior Features: Patio Open

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #1

Utilities

  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Goleta Wtr
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: El Camino
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 071-280-021
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 27, 2014
Sold by
Hollingsworth Lawrence W
Bought by
Osorio Maria S
Seller's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Emerald Martinez
Santa Barbara Brokers, Inc.
List Price
$317,000
Sold Price
$307,000
Premium/Discount to List
-$10,000
-3.15%
Current Estimated Value
$549,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,655
Avg. Annual Appreciation
5.39%
Original Mortgage
$230,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Hollingsworth Larry W
Bought by
Hollingsworth Lawrence W

Purchase Details

Closed on
Mar 21, 1996
Sold by
Schlagel Helyne V
Bought by
Hollingsworth Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1996
Sold by
Schlagel Patrick
Bought by
Schlagel Helyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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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
Osorio Maria S $307,000 First American Title Company
Hollingsworth Lawrence W -- None Available
Hollingsworth Larry W $80,000 Santa Barbara Title Co
Schlagel Helyne -- Santa Barbara Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osorio Maria S $230,250
Previous Owner Hollingsworth Larry W $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2014 12/18/14 Sold $307,000 -3.2% $438 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $317,000 -- $452 / 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 $4,263 $368,956 $184,478 $184,478
2023 $4,263 $354,630 $177,315 $177,315
2022 $4,131 $347,678 $173,839 $173,839
2021 $4,065 $340,862 $170,431 $170,431
2020 $3,967 $337,368 $168,684 $168,684
2019 $3,900 $330,754 $165,377 $165,377
2018 $3,815 $324,270 $162,135 $162,135
2017 $3,745 $317,912 $158,956 $158,956
2016 $3,636 $311,680 $155,840 $155,840
2015 $3,599 $307,000 $153,500 $153,500
2014 $1,636 $108,397 $40,647 $67,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-2560

Santa Barbara Multiple Listing Service

APN: 071-280-021