NOT LISTED FOR SALE

555 E Arrellaga St Unit 3 Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $1,319,966 - $1,587,000

3 Beds
2 Baths
1,325 Sq Ft
$495/mo HOA Fee

Last Sold September 24, 2020

Last sale price $945,000 $713 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,119/month

5 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wooded Lot
  • Santa Barbara Senior High School Rated A-
  • Property is near park, public transit, schools, shops, and bus stop
  • Mediterranean Architecture

About This Home

As of September 2020

Rare opportunity! Ocean view Downtown/Upper East condo for only $945K. View from living, dining, bedroom & deck/balcony. Single level end unit in charming Mediterranean enclave. Great condition, open floor plan with slider to very large view balcony for relaxing & entertaining. Spacious main bed w/en suite bath & access to walled deck for enjoying sunshine. Fireplace in LR & door to very large deck/balcony for relaxing & entertaining. You will love the ambiance of St. Francis Gardens 9 unit development. Tucked away on a cul-de-sac with privacy & quiet. Close to downtown with all it has to offer. Pet okay. Two car parking in secure garage w/elevator. Third bedroom is the perfect at home office. You'll love the ocean view & access to deck. Don't wait on this, call for appointmen

Last Agent to Sell the Property

Kathy Hughes

Berkshire Hathaway HomeServices California Properties License #00521702 Listed on: 08/20/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Trey Evans

Richardson Real Estate Services, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Cul-De-Sac
  • Gated Home
  • Wooded Lot
  • Property is in excellent condition

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Garage Space

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Stepless Entry

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • City Lot

Schools

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

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 027-480-003

Community Details

Overview

  • Association fees include insurance, earthquake insurance, trash, comm area maint
  • 9 Buildings
  • 9 Units
  • St. Frances Gardens Community
  • 15 Or 20 Downtown Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

1,263 Sq Ft Lot

HOA Fees

$495 per month

Parking

2

Listing Details

  • Association Fee: 495.
  • Directions: Cul-de-sac end of East Arrellaga, cross street Olive or Salsipuedes. Guest parking up driveway to the rear of the building. Unit 3 is on the ground floor.
  • Prop. Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Cul-De-Sac, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Smoke Detector(s)
  • Reso Association Fee Includes: Other, Insurance, Earthquake Insurance, Trash, Comm Area Maint
  • Subdivision Name: 15 or 20 - Downtown
  • Reso Accessibility Features: Accessible Elevator Installed
  • Architectural Style: Medit
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1985
  • Property Information Total #Units: 9
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s) Gas8: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: St. Frances Gardens
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Laundry In Unit2: Yes
  • Appliances Included Electric Range2: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Foundation Raised: Yes
  • Handicapped Access Elevator3: Yes
  • View PartialFiltered2: Yes
  • CondoCO-OPPUD End Unit: Yes
  • ParkingGarage Com Garage: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Trash Compactor, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, LR
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Tile
  • View: Ocean, Partial/Filtered
  • Construction Type: Stucco
  • Exclusions: Potted Plants
  • Common Walls: End Unit
  • Exterior Features: Deck, Wooded
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gar #2, Com Garage

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

Schools

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

Lot Info

  • Parcel #: 027-480-003
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Stutsman Dustyn and Stutsman Emma
Bought by
Arcuri Craig and Fine Kelly
Current Estimated Value
$1,489,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$1,253,663
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$236,329

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 18, 2020
Sold by
Minore Mary L
Bought by
Stutsman Dustyn and Stutsman Emma
Seller's Agent
Kathy Hughes
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Trey Evans
Richardson Real Estate Services, Inc.
List Price
$945,000
Sold Price
$945,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arcuri Craig $1,575,000 First American Title
Stutsman Dustyn $945,000 Wfg National Title Ins Co
Minore Mary L -- None Available
Minore Mary L -- --
Kumpulainen Pentti V J -- Stewart Title
Kumpulainen Pentti V J $280,000 Continental Lawyers Title Co
Holbrook Ronald F $265,000 Continental Lawyers Title Co
Rasmussen Hans H H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcuri Craig $1,260,000
Previous Owner Stutsman Dustyn $708,750
Previous Owner Kumpulainen Pentti V J $240,000
Previous Owner Kumpulainen Pentti V J $224,000
Previous Owner Holbrook Ronald F $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $945,000 0.0% $713 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $945,000 -- $713 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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

  • Kathy Hughes

    Seller's Agent in 2020

    Kathy Hughes

    Berkshire Hathaway HomeServices California Properties

    (805) 448-4881

    1 in this area

    42 Total Sales

    Kathy Hughes
    Section Image

  • T

    Buyer's Agent in 2020

    Trey Evans

    Richardson Real Estate Services, Inc.

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3256

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

Not Listed for Sale

Condos

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