$1,575,000
SOLD MAR 6, 2025

555 E Arrellaga St Unit 3 Santa Barbara, CA 93103

Lower Riviera Neighborhood
3 Beds
2 Baths
1,410 Sq Ft
1,263 Sq Ft Lot

Recently Sold

$1,117 Per Sq Ft

2% Below List Price

0 Day on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Contemporary Architecture
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Property is near a park

About This Home

As of March 2025

This home is located at 555 E Arrellaga St Unit 3, Santa Barbara, CA 93103 and is currently priced at $1,575,000, approximately $1,117 per square foot. This property was built in 1985. 555 E Arrellaga St Unit 3 is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

Last Agent to Sell the Property

Trey Evans

Evans Realty & Investments License #01421487 Listed on: 03/06/2025

Last Buyer's Agent

Kendrick Guehr

Keller Williams Realty Santa Barbara License #01964065

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,644

Year Built

  • Built in 1985

Lot Details

  • Lawn
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage

Property Views

  • Ocean
  • City

Home Design

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

Interior Spaces

  • 1,410 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Video Cameras
  • Smart Thermostat

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 027-480-003

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, trash, prop mgmt, comm area maint
  • 15 Upper Eastside Subdivision
  • Greenbelt

Pet Policy

  • Pets Allowed

Additional Features

  • Restaurant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,644

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 1985
  • Reso Interior Features: Smart Thermostat
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Security Camera, Smoke Detector(s)
  • Reso Association Amenities: Greenbelt
  • Reso Association Fee Includes: Insurance, Trash, Prop Mgmt, Comm Area Maint
  • Subdivision Name: 15 - Upper Eastside
  • Reso Accessibility Features: Accessible Elevator Installed
  • Architectural Style: Contemporary, Medit
  • Reso Flooring: Tile
  • 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.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Fireplace(s) Gas8: Yes
  • Security Security Camera2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Laundry In Unit2: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Handicapped Access Elevator3: Yes
  • View City4: Yes
  • Rooms Patio Enclosed2: Yes
  • Appliances Included Built-In Electric Range: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Built-In Electric Range, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Total Bedrooms: 6
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Roof: Tile
  • View: Ocean, City
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Deck, Lawn
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Parcel #: 027-480-003
  • Zoning: Other, R-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Feb 25, 2025
Sold by
Stutsman Dustyn and Stutsman Emma
Bought by
Arcuri Craig and Fine Kelly
Seller's Agent
Trey Evans
Evans Realty & Investments
Buyer's Agent
Kendrick Guehr
Keller Williams Realty Santa Barbara
List Price
$1,599,000
Sold Price
$1,575,000
Premium/Discount to List
-$24,000
-1.5%
Views
2
Current Estimated Value
$1,569,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,020
Avg. Annual Appreciation
0.34%
Original Mortgage
$1,260,000
Outstanding Balance
$1,254,734
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$323,131

Purchase Details

Closed on
Sep 18, 2020
Sold by
Minore Mary L
Bought by
Stutsman Dustyn and Stutsman Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Minore Mary L
Bought by
Minore Mary L

Purchase Details

Closed on
Dec 27, 2004
Sold by
Kumpulainen Pentti V J
Bought by
Minore Mary L

Purchase Details

Closed on
Mar 8, 1999
Sold by
Kumpulainen Pentti V J and Minore Mary L
Bought by
Kumpulainen Pentti V J and Minore Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1996
Sold by
Holbrook Ronald F
Bought by
Kumpulainen Pentti V J and Minore Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1995
Sold by
Rasmussen Hans H H and Rasmussen Patricia Pollin
Bought by
Holbrook Ronald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 1995
Sold by
Pollin Patricia A
Bought by
Rasmussen Hans H H and Rasmussen Patricia Pollin
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Grant Deed $1,575,000 First American Title
Grant Deed $945,000 Wfg National Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title
Grant Deed $280,000 Continental Lawyers Title Co
Grant Deed $265,000 Continental Lawyers Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,260,000 New Conventional
Previous Owner $0 Credit Line Revolving
Previous Owner $708,750 New Conventional
Previous Owner $240,000 Purchase Money Mortgage
Previous Owner $224,000 Purchase Money Mortgage
Previous Owner $212,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $1,575,000 -1.5% $1,117 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $1,599,000 -- $1,134 / 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 $10,644 $1,022,897 $432,972 $589,925
2023 $10,644 $983,178 $416,160 $567,018
2022 $10,271 $963,900 $408,000 $555,900
2021 $10,034 $945,000 $400,000 $545,000
2020 $4,375 $416,964 $178,698 $238,266
2019 $4,297 $408,790 $175,195 $233,595
2018 $4,235 $400,775 $171,760 $229,015
2017 $4,093 $392,918 $168,393 $224,525
2016 $4,065 $385,215 $165,092 $220,123
2015 $4,020 $379,430 $162,613 $216,817
2014 $3,954 $371,998 $159,428 $212,570
Source: Public Records

Agents Affiliated with this Home

  • Trey Evans

    Seller's Agent in 2025

    Trey Evans

    Evans Realty & Investments

    (805) 680-4550

    2 in this area

    23 Total Sales

    Trey Evans
    Section Image
  • Kendrick Guehr

    Buyer's Agent in 2025

    Kendrick Guehr

    Keller Williams Realty Santa Barbara

    (805) 448-4185

    1 in this area

    104 Total Sales

    Kendrick Guehr
    Section Image

  • T

    Buyer Co-Listing Agent in 2025

    The Epstein Partners

    Keller Williams Realty Santa Barbara

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-950

Santa Barbara Multiple Listing Service

APN: 027-480-003

California Santa Barbara County Santa Barbara 93103 Lower Riviera

555 E Arrellaga St Unit 3, Santa Barbara, CA

This home is located at 555 E Arrellaga St Unit 3, Santa Barbara, CA 93103 and is currently priced at $1,575,000, approximately $1,117 per square foot. This property was built in 1985. 555 E Arrellaga St Unit 3 is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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