NOT LISTED FOR SALE

555 E Arrellaga St Unit 8 Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $973,000 - $1,542,000

3 Beds
2 Baths
1,348 Sq Ft
1,220 Sq Ft Lot Lot

Sale Details

Date Sold: July 10, 2020

Last sale price $845,000 $627 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,159 / mo

14 Days on Market

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Property is near park, public transit, schools, shops, and bus stop
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of July 2020

Bright and cheerful 3 bedroom 2 bath single level condo on Santa Barbara's Riviera. The beautifully updated kitchen with custom cabinets and wood floors opens to the spacious living area with high ceilings and a brick gas fireplace. The balcony adjacent to the dining area has a pleasant view and a glimpse of the ocean. With laundry in unit, an elevator to the secure parking garage and just steps to outdoor parking, living here is easy! The ideal location within the complex provides access with no stairs to this top floor unit with no shared walls. Minutes to downtown Santa Barbara and the upper east side. This well maintained and quiet complex known as St. Francis Gardens is in a highly desirable location.

Last Agent to Sell the Property

Suzanne Dahl

Berkshire Hathaway HomeServices California Properties License #02021715 Listed on: 05/29/2020

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Kalia Rork

Berkshire Hathaway HomeServices California Properties License #01313668

Last Buyer's Agent

Renee Marvin

Sotheby's International Realty License #02056190

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • 1,220

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,348 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Property Views

Kitchen

  • Updated Kitchen
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Home Security

Outdoor Features

  • Property is near an ocean
  • Deck

Location

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

Schools

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

Additional Features

  • Stepless Entry
  • Property is in excellent condition
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 027-480-008

Community Details

Overview

  • Association fees include insurance, earthquake insurance, trash, prop mgmt, exterior maint
  • 9 Buildings
  • 9 Units
  • 15 Upper Eastside Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

1,220 Sq Ft Lot

HOA Fees

$495 per month

Listing Details

  • Association Fee: 495
  • Directions: Guest parking is available at the rear of the complex just steps (no stairs) to the front door.
  • Prop. Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Earthquake Insurance, Trash, Prop Mgmt, Exterior Maint
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • Subdivision Name: 15 - Upper Eastside
  • Architectural Style: Medit
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Two
  • 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
  • Exterior:Stucco: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1348.0
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Laundry In Unit2: Yes
  • ParkingGarage Gar #12: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Dryer, Gas Stove
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco
  • Exterior Features: Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 027-480-008
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 1, 2020
Sold by
Horowitz Burton and Horowitz Barbara
Bought by
Horowitz Burton D
Seller's Agent
Suzanne Dahl
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Renee Marvin
Sotheby's International Realty
List Price
$855,000
Sold Price
$845,000
Premium/Discount to List
-$10,000
-1.17%
Current Estimated Value
$1,270,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,758
Avg. Annual Appreciation
7.19%
Original Mortgage
$450,000
Outstanding Balance
$398,139
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$872,619

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 18, 2020
Sold by
Franklin Mark H
Bought by
Horowitz Burton and Horowitz Barbara
Seller's Agent
Suzanne Dahl
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Renee Marvin
Sotheby's International Realty
List Price
$855,000
Sold Price
$845,000
Premium/Discount to List
-$10,000
-1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$398,139
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$872,619

Purchase Details

Closed on
Jul 18, 2005
Sold by
Franklin Martha J
Bought by
Franklin Martha J

Purchase Details

Closed on
Jun 11, 1998
Sold by
Lane Timothy J and Lane Deborah V
Bought by
Franklin Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1997
Sold by
Greenwood Noel E and Liv Greenwood Noel
Bought by
Lane Timothy J and Lane Deborah V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1994
Sold by
Greenwood Noel E
Bought by
Greenwood Noel E
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

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
Horowitz Burton D -- Wfg National Title
Horowitz Burton $845,000 Wfg National Title Ins Co
Franklin Martha J -- --
Franklin Martha J $375,000 Stewart Title
Lane Timothy J $295,000 Lawyers Title Company
Greenwood Noel E -- --
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 Horowitz Burton $450,000
Previous Owner Franklin Martha J $225,000
Previous Owner Lane Timothy J $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $845,000 -1.2% $627 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $855,000 -- $634 / 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 $9,448 $914,652 $400,498 $514,154
2023 $9,448 $879,138 $384,948 $494,190
2022 $9,114 $861,900 $377,400 $484,500
2021 $8,903 $845,000 $370,000 $475,000
2020 $5,755 $547,482 $255,489 $291,993
2019 $5,653 $536,748 $250,480 $286,268
2018 $5,572 $526,224 $245,569 $280,655
2017 $5,386 $515,906 $240,754 $275,152
2016 $5,320 $505,791 $236,034 $269,757
2015 $5,261 $498,194 $232,489 $265,705
2014 $5,174 $488,436 $227,935 $260,501
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Dahl

    Seller's Agent in 2020

    Suzanne Dahl

    Berkshire Hathaway HomeServices California Properties

    (805) 687-2666

    12 Total Sales

    Suzanne Dahl
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kalia Rork

    Berkshire Hathaway HomeServices California Properties

    (805) 689-0614

    39 Total Sales

    Kalia Rork
    Section Image
  • Renee Marvin

    Buyer's Agent in 2020

    Renee Marvin

    Sotheby's International Realty

    (805) 698-1590

    2 in this area

    28 Total Sales

    Renee Marvin
    Section Image
  • Tyler Mearce

    Buyer Co-Listing Agent in 2020

    Tyler Mearce

    Sotheby's International Realty

    (805) 450-3336

    2 in this area

    41 Total Sales

    Tyler Mearce
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1931

Santa Barbara Multiple Listing Service

APN: 027-480-008

California Santa Barbara County Santa Barbara 93103 Lower Riviera

555 E Arrellaga St Unit 8, Santa Barbara, CA

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