NOT LISTED FOR SALE

5514 Armitos Ave Unit 53 Goleta, CA 93117

Estimated Value: $536,000 - $576,000

1 Bed
1 Bath
701 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: September 27, 2019

Last sale price $360,000 $514 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,731 / mo

2 Days on Market

Highlights

  • Property is near an ocean
  • Contemporary Architecture
  • Ground Level Unit
  • Goleta Valley Junior High School Rated A
  • Property is near public transit, shops, and bus stop
  • Community Pool

About This Home

As of September 2019

Ideally located investment property. A sweet 1 bedroom/1 bathroom La Goleta condo. Ground floor unit with updates, including wood-look laminate flooring, stainless appliances, smooth ceilings, shower enclosure with subway tile and honeycomb Carrera marble floor and accents. Private patio, facing creek area.

>>>Existing one year lease at $2300/mo. Furnished (furnishings included). Tenant occupied through June 2020. Cap rate 4.4%.<<<

**Buyer must be able to perform quickly with very short contingency period and quick close of escrow**

Last Agent to Sell the Property

Patrice Rossi

Berkshire Hathaway HomeServices California Properties License #01364512 Listed on: 08/17/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Emily Termond

Keller Williams Realty Santa Barbara License #01845077

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 701 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

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
  • Property is in excellent condition
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 071-280-027

Community Details

Overview

  • Association fees include insurance, water, comm area maint, exterior maint

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

436 Sq Ft Lot

HOA Fees

$365 per month

Listing Details

  • Association Fee: 365
  • Directions: 101 freeway to Hwy 217. South to Hollister Ave. Right to Dearborn. Left on Armitos. Last building on the right at end of Armitos.
  • Prop. Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Not in-unit
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Water, Comm Area Maint, Exterior Maint
  • Architectural Style: Contemporary, Medit, Spanish
  • 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 ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • Proximity Near Ocean2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Microwave3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Roof:Tile2: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Unc #12: Yes
  • Amenities Grnd Unit: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Tile
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Patio Covered
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Electric, Wall
  • 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 #: 071-280-027
  • Zoning: Other

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
Aug 17, 2019
Closed on
Aug 29, 2019
Sold by
Bought by
Seller's Agent
Patrice Rossi
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Emily Termond
Keller Williams Realty Santa Barbara
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$556,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,850
Avg. Annual Appreciation
6.64%
Original Mortgage
$310,000
Outstanding Balance
$271,536
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$285,314

Purchase Details

Closed on
Mar 29, 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.
Original Mortgage
$328,000
Interest Rate
3.64%
Mortgage Type
VA

Purchase Details

Closed on
Oct 1, 2009
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
$140,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 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
$87,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$360,000 Chicago Title Company
$328,000 Chicago Title Company
-- Fidelity National Title Co
-- None Available
-- Equity Title Company
$116,000 Equity Title Company
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
Open $310,000
Previous Owner $328,000
Previous Owner $140,000
Previous Owner $87,000
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
09/27/2019 09/27/19 Sold $360,000 0.0% $514 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $360,000 +9.8% $514 / Sq Ft
06/16/2015 06/16/15 Sold $328,000 +1.2% $468 / Sq Ft View Prior Sale
05/02/2015 05/02/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $324,000 -- $462 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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
2025 $4,517 $393,708 $196,854 $196,854
2023 $4,517 $378,422 $189,211 $189,211
2022 $4,377 $371,002 $185,501 $185,501
2021 $4,307 $363,728 $181,864 $181,864
2020 $4,202 $360,000 $180,000 $180,000
2019 $4,208 $353,382 $176,691 $176,691
2018 $4,119 $346,454 $173,227 $173,227
2017 $4,046 $339,662 $169,831 $169,831
2016 $3,929 $333,002 $166,501 $166,501
2015 $3,366 $284,612 $139,620 $144,992
2014 $3,340 $279,038 $136,886 $142,152
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Patrice Rossi

    Berkshire Hathaway HomeServices California Properties

    Section Image

  • E

    Buyer's Agent in 2019

    Emily Termond

    Keller Williams Realty Santa Barbara

    (805) 610-9960

    95 Total Sales

    Emily Termond
    Section Image

  • D

    Seller's Agent in 2015

    Daniel Zia

    Keller Williams Realty Santa Barbara

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2897

Santa Barbara Multiple Listing Service

APN: 071-280-027

California Santa Barbara County Goleta 93117

5514 Armitos Ave Unit 53, Goleta, CA

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