NOT LISTED FOR SALE

555 E Arrellaga St Unit 7 Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $596,113 - $1,592,000

2 Beds
2 Baths
1,067 Sq Ft
$450/mo HOA Fee

Last Sold April 03, 2012

Last sale price $400,000 $375 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,300/month

23 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Mediterranean Architecture
  • Views
  • Santa Barbara Senior High School Rated A-
  • Ground Level Unit
  • Forced Air Heating System

About This Home

As of April 2012

AVAILABLE!!! Upper East condo located on cul-de-sac. Single level 2bd/2ba condo, plantation shutters, fireplace. Theaters, parks and restaurants minutes away. Private patios. Both garage & uncovered parking.

Last Agent to Sell the Property

Jason Cox

Jason R. Cox, Broker Listed on: 02/01/2012

Last Buyer's Agent

Jean Sedar

Sotheby's International Realty License #00954229

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Property is in good condition

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,067 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Open Parking

Location

  • Ground Level Unit
  • Property is near park, public transit, schools, shops, and bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 027-480-007

Community Details

Overview

  • St Francis Gardens Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Association Fee: 450
  • Directions: Take Arrellaga East of State St. to end of cul-de-sac.
  • Prop. Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: Other
  • Architectural Style: Medit
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good, Average
  • 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.
  • Exterior:Stucco: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Location Info Development Name: St Francis Gardens
  • Roof:Tile2: Yes
  • ParkingGarage Gar #12: Yes
  • ParkingGarage Unc #12: Yes
  • Amenities Grnd Unit: Yes
  • Style Medit2: Yes
  • Laundry Common Area2: Yes
  • Condition Average2: Yes
  • Assessor's Data Assessor Year Built: 1985.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco

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

Schools

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

Lot Info

  • Parcel #: 027-480-007
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2012
Sold by
Antone Andrew D
Bought by
Antone Andrew D
Current Estimated Value
$845,877

Purchase Details

Listed on
Feb 1, 2012
Closed on
Feb 28, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Antone Andrew D and Antone Linda
Seller's Agent
Jason Cox
Jason R. Cox, Broker
Buyer's Agent
Jean Sedar
Sotheby's International Realty
List Price
$411,111
Sold Price
$400,000
Premium/Discount to List
-$11,111
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$200,000
Outstanding Balance
$137,123
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$780,155

Purchase Details

Closed on
Nov 2, 2011
Sold by
Reed William S
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 1, 2011
Sold by
Reed William S
Bought by
Deutsche Bank National Trust Companmy

Purchase Details

Closed on
Mar 29, 2006
Sold by
Reed William S
Bought by
Sandpiper Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2006
Sold by
Diamond Crest Investments
Bought by
Reed William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Reed William S
Bought by
Diamond Crest Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2003
Sold by
Luker Melva T and Luker Joe C
Bought by
Reed William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,472
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2001
Sold by
Ream Luker Melva T
Bought by
Luker Melva T and Luker Joe C

Purchase Details

Closed on
Jun 12, 1995
Sold by
Rose Marshall A
Bought by
Ream Melva T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.88%
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
Antone Andrew D -- None Available
Antone Andrew D -- None Available
Antone Andrew D $400,000 Lsi Title Company Ca
Deutsche Bank National Trust Company $378,098 Accommodation
Deutsche Bank National Trust Companmy $378,098 Accommodation
Sandpiper Investments -- None Available
Reed William S -- Stewart Title Of Ca Inc
Diamond Crest Investments -- --
Reed William S $547,000 Fidelity National Title Co
Luker Melva T -- --
Ream Melva T -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antone Andrew D $200,000
Previous Owner Sandpiper Investments $448,000
Previous Owner Reed William S $550,000
Previous Owner Diamond Crest Investments $162,000
Previous Owner Reed William S $424,472
Previous Owner Ream Melva T $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2012 04/03/12 Sold $400,000 -2.7% $375 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $411,111 -- $385 / 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 $5,177 $502,409 $238,643 $263,766
2023 $5,177 $482,902 $229,377 $253,525
2022 $4,992 $473,434 $224,880 $248,554
2021 $4,875 $464,152 $220,471 $243,681
2020 $4,823 $459,394 $218,211 $241,183
2019 $4,738 $450,387 $213,933 $236,454
2018 $4,669 $441,557 $209,739 $231,818
2017 $4,514 $432,900 $205,627 $227,273
2016 $4,473 $424,413 $201,596 $222,817
2015 $4,423 $418,039 $198,568 $219,471
2014 $4,350 $409,851 $194,679 $215,172
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jason Cox

    Jason R. Cox, Broker

  • Jean Sedar

    Buyer's Agent in 2012

    Jean Sedar

    Sotheby's International Realty

    (805) 637-7848

    1 in this area

    26 Total Sales

    Jean Sedar
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-390

Santa Barbara Multiple Listing Service

APN: 027-480-007

California Santa Barbara County Santa Barbara 93103 Lower Riviera

555 E Arrellaga St Unit 7, Santa Barbara, CA

Not Listed for Sale

Condos

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