NOT LISTED FOR SALE

555 E Arrellaga St Unit 2 Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $1,116,908 - $1,524,000

2 Beds
2.5 Baths
1,299 Sq Ft
$460/mo HOA Fee

Last Sold February 28, 2017

Last sale price $879,000 $677 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,590/month

8 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Property is near a park
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Cathedral Ceiling

About This Home

As of February 2017

Enjoy panoramic ocean, island and city views from this gorgeous 2 bedroom/2.5 bath upper Eastside/Lower Riviera condo. Flooded with natural light, this beautiful unit offers a wonderful open floor plan with soaring ceilings, tile floors, newer carpet, cozy corner
fireplace, updated kitchen with spacious pantry, large open walls for art display and two generous en-suite bedrooms. This lovely home, surrounded by lushly maintained landscaping, also includes two private patios for enjoying the views and secure garage parking with elevator. Located in an incredibly quiet location at the end of a cul-de- sac yet only minutes to
everything downtown Santa Barbara has to offer!

Last Agent to Sell the Property

Gail Shannon

Village Properties - 1 License #01010817 Listed on: 01/30/2017

Last Buyer's Agent

The Easter Team

Berkshire Hathaway HomeServices California Properties License #00917775

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,615

Year Built

  • Built in 1985

Lot Details

  • Fruit Trees
  • Property is in excellent condition

HOA Fees

  • $460 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor
  • City
  • Mountain

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Updated Kitchen
  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Home Security

Parking

  • Garage
  • Open Parking

Location

  • Property is near a park
  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

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

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 027-480-002

Community Details

Overview

  • Association fees include earthquake insurance, trash, comm area maint, exterior maint
  • St Francis Gardens Community
  • 15 Upper Eastside Subdivision
  • Foothills

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,615

Year Built

Built in 1985

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Association Fee: 460
  • Prop. Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Gas Hookup, In Unit
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Fire Alarm
  • Reso Association Fee Includes: Earthquake Insurance, Trash, Comm Area Maint, Exterior Maint
  • Subdivision Name: 15 - Upper Eastside
  • Architectural Style: Medit
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1985
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: St Francis Gardens
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Security Fire Alarm2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Laundry In Unit2: Yes
  • Appliances Included Electric Range2: Yes
  • ParkingGarage Gar #12: Yes
  • ParkingGarage Unc #12: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included OvenBltin: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • LocationTopo Foothills2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Electric Range, Oven/Bltin, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City, Harbor
  • Construction Type: Stucco
  • Topography: Foothills
  • Exterior Features: Fruit Trees
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 027-480-002
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
Feb 22, 2017
Sold by
Cibull Robert M and Cibull Jeanette C
Bought by
Grey Pfox Llc
Seller's Agent
Gail Shannon
Village Properties - 1
Buyer's Agent
The Easter Team
Berkshire Hathaway HomeServices California Properties
List Price
$899,000
Sold Price
$879,000
Premium/Discount to List
-$20,000
-2.22%
Current Estimated Value
$1,384,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,227
Avg. Annual Appreciation
5.38%
Original Mortgage
$876,953
Outstanding Balance
$724,449
Interest Rate
4.12%
Mortgage Type
Unknown
Estimated Equity
$659,778

Purchase Details

Closed on
Feb 26, 2002
Sold by
Cibull Robert M and Close Cibull Jeanette C
Bought by
Cibull Robert M and Cibull Jeanette C
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Grey Pfox Llc $879,000 First American Title Company
Cibull Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grey Pfox Llc $876,953
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $879,000 -2.2% $677 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $899,000 -- $692 / 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 $10,615 $1,020,149 $510,655 $509,494
2023 $10,615 $980,537 $490,827 $489,710
2022 $10,243 $961,311 $481,203 $480,108
2021 $10,007 $942,463 $471,768 $470,695
2020 $9,904 $932,800 $466,931 $465,869
2019 $9,732 $914,511 $457,776 $456,735
2018 $9,594 $896,580 $448,800 $447,780
2017 $4,773 $457,521 $194,000 $263,521
2016 $4,724 $448,551 $190,197 $258,354
2015 $4,672 $441,815 $187,341 $254,474
2014 $4,595 $433,162 $183,672 $249,490
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gail Shannon

    Village Properties - 1

  • T

    Buyer's Agent in 2017

    The Easter Team

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-327

Santa Barbara Multiple Listing Service

APN: 027-480-002

California Santa Barbara County Santa Barbara 93103 Lower Riviera

555 E Arrellaga St Unit 2, Santa Barbara, CA

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