NOT LISTED FOR SALE

5576 Calle Ocho Carpinteria, CA 93013

Estimated Value: $2,184,000 - $2,467,000

3 Beds
2 Baths
1,194 Sq Ft
$1,959/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $1,410,000 $1,181 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $13,573/month

3 Days on Market

Highlights

  • Additional Residence on Property
  • Peek-A-Boo Views
  • Maid or Guest Quarters
  • Property is near an ocean
  • Fruit Trees
  • Deck

About This Home

As of January 2020

5 houses from the water. Here is an opportunity to own your own beach house. This property has a converted garage with bathroom and kitchenette. A great opportunity to live in one unit and rent out the other only steps to the beach. With almost 1735 SF of living space this is a rare opportunity.

Last Agent to Sell the Property

Justin Etherton

Keller Williams Realty Santa Barbara Listed on: 12/02/2019

Last Buyer's Agent

Elizabeth Wagner

Village Properties - 1 License #01440591

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Property is in good condition

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Parking

  • Carport
  • Converted Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Deck

Schools

  • Canalino Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Additional Features

  • Additional Residence on Property
  • Property is near park, public transit, schools, shops, and bus stop

Community Details

  • 05 Concha Loma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 003-351-001

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Directions: Carpinteria ave to Arbol Verde, Right on Concha Loma and left on Calle Ocho
  • Prop. Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Subdivision Name: 05 - Concha Loma
  • Architectural Style: Cal Cottage
  • Carport Y N: Yes
  • Reso Flooring: Hardwood
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Second Residence
  • Reso Property Condition: Good
  • Property Information Year Built2: 1958
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.17
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 1194.0
  • Proximity Near Shopping2: Yes
  • Amenities Guest Quarters2: Yes
  • Property Information Apx Lot SqFt: 8276.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • Amenities Second Residence: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • View PartialFiltered2: Yes
  • ParkingGarage Cpt #22: Yes
  • ParkingGarage Converted: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Setting, Partial/Filtered
  • Construction Type: Stucco
  • Acres: 0.17
  • Topography: Level
  • Exterior Features: Deck, Fruit Trees, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #2, Unc #4, Converted

Utilities

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

Schools

  • Elementary School: Canalino
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 003-351-001
  • Zoning: Other
  • Lot Size Sq Ft: 8276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Dec 26, 2019
Sold by
Espinoza Richard E and Espinoza Catherine M Schallert
Bought by
Horn Gannett F and The Gannett F Horn Living Trus
Seller's Agent
Justin Etherton
Keller Williams Realty Santa Barbara
Buyer's Agent
Elizabeth Wagner
Village Properties - 1
List Price
$1,275,000
Sold Price
$1,410,000
Premium/Discount to List
$135,000
10.59%
Current Estimated Value
$2,366,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956,297
Avg. Annual Appreciation
8.64%
Original Mortgage
$820,000
Outstanding Balance
$724,503
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$1,614,495

Purchase Details

Closed on
Oct 11, 2017
Sold by
Espinoza Richard E and Schallert Espinoza Catherine M
Bought by
Espinoza Richard E and Schallert Espinoza Catherine M

Purchase Details

Closed on
Sep 24, 2008
Sold by
Purcell Muriel
Bought by
Espinoza Richard E and Espinoza Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2004
Sold by
Purcell Muriel
Bought by
Purcell Muriel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Horn Gannett F $1,410,000 First American Title Company
Espinoza Richard E -- None Available
Espinoza Richard E -- First American Title Company
Purcell Muriel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Gannett F $820,000
Previous Owner Espinoza Richard E $535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $1,410,000 +10.6% $1,181 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $1,275,000 -- $1,068 / 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 $16,741 $1,542,037 $1,093,645 $448,392
2023 $16,741 $1,482,159 $1,051,178 $430,981
2022 $16,165 $1,453,098 $1,030,567 $422,531
2021 $15,810 $1,424,607 $1,010,360 $414,247
2020 $12,383 $1,100,950 $688,831 $412,119
2019 $12,128 $1,079,364 $675,325 $404,039
2018 $11,923 $1,058,201 $662,084 $396,117
2017 $11,704 $1,037,452 $649,102 $388,350
2016 $11,503 $1,017,111 $636,375 $380,736
2014 $10,049 $917,000 $574,000 $343,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3990

Santa Barbara Multiple Listing Service

APN: 003-351-001

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