NOT LISTED FOR SALE

573 E Montecito St Santa Barbara, CA 93103

Eastside Neighborhood

Estimated Value: $590,000 - $1,081,000

2 Beds
2.5 Baths
1,542 Sq Ft
$551/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $512,100 $332 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,214/month

11 Days on Market

Highlights

  • Property is near an ocean
  • Solar Power System
  • Deck
  • Washington Elementary School Rated A
  • Mountain View
  • Contemporary Architecture

About This Home

As of December 2013

Epitomizing the relaxed yet sophisticated Santa Barbara lifestyle, this pristine condo is part of the new “East Beach Collection” available exclusively to So. County locals as their primary residence. The 3-level solar-electric home offers two 3rd floor BR suites, a spacious open floor plan 2nd level living area & ground floor 2-car garage w/office alcove. Amenities incl. private balconies, Riviera views, hdwd floors, central courtyard & more.

***********

Chic Santa Barbara Condo...

Epitomizing the relaxed yet sophisticated Santa Barbara lifestyle, this pristine condo offers over 1500 sq. ft. of comfort and convenience. Part of the new a€œEast Beach Collectiona€ available exclusively to South County locals as their primary residence, it is a beautiful three-level home offering a pair of third floor bedroom suites, a spacious open floorplan second level living area and ground floor two-car garage and office alcove.

The master suite hosts a pair of walk-in closets, luxurious bath with dual sinks, separate water closet and oversize glassed-in shower. The second bedroom enjoys its bath en suite as well. The main living level features a spacious living room and adjacent dining area; both with private balconies. Stainless appliances grace the kitchen.

Stunning Riviera views, wide plank hardwood floors, central air conditioning, rooftop solar panels providing a significant portion of electricity needs, and a beautifully landscaped central courtyard are just a few of this chic East Beach condoa€TMs additional amenities.

Last Agent to Sell the Property

Bryan Uhrig

Coldwell Banker Realty Listed on: 11/05/2013

Last Buyer's Agent

Non Member Agent

Non Member Office

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2011

Lot Details

  • Level Lot
  • Property is in excellent condition

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • Direct Access Garage

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,542 Sq Ft Home
  • Double Pane Windows
  • Combination Dining and Living Room
  • Library
  • Mountain Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar Water Heater

Outdoor Features

  • Property is near an ocean
  • Deck
  • Enclosed Patio or Porch

Location

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

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 031-590-007

Community Details

Overview

  • Association fees include insurance, prop mgmt, comm area maint, exterior maint
  • 48 Buildings
  • 48 Units
  • 15 Or 20 Downtown Subdivision
  • Greenbelt

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2011

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Association Fee: $220.84
  • Directions: Corner of Calle Cesar Chavez and East Montecito Street. From 101 North or South bound exit Garden Street, turn right on Haley Street towards Milpas, turn right on East Montecito Street.
  • Prop. Type: Residential
  • Year Built: 2011
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Corner Lot, Near Public Transit
  • Road Frontage Type: Easement
  • Reso Association Amenities: Greenbelt
  • Reso Association Fee Includes: Insurance, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Subdivision Name: 15 or 20 - Downtown
  • Architectural Style: Contemporary, Spanish, Townhouse
  • Reso Flooring: Wood, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2011
  • Property Information Total #Units: 48
  • NeighborhoodSchools Elementary School: Washington
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: 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
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Site Improvements Cable TV3: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included Energy Star Applianc: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Rooms Patio Enclosed2: Yes
  • Dining In Living Room2: Yes
  • Appliances Included Elect Stove2: Yes
  • Construction Tri-Level2: Yes
  • Style Townhouse2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Appliances Included Solar Hot Wtr: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Electric Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Elect Stove, Energy Star Applianc, Microwave, Solar Hot Wtr, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Tile
  • View: Mountain(s)
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Other, Deck, Patio Open, Patio Covered
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: SB Wtr
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 031-590-007
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2019
Sold by
Khachek Sarkes and Khachek Linda
Bought by
Karakashian Carolina
Current Estimated Value
$849,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Outstanding Balance
$413,578
Interest Rate
3.7%
Mortgage Type
Stand Alone Second
Estimated Equity
$435,446

Purchase Details

Closed on
Nov 11, 2015
Sold by
Khachek Sarkes and Khachek Linda
Bought by
Khachek Sarkes Malkon and Khachek Linda Khatchadrian

Purchase Details

Listed on
Nov 5, 2013
Closed on
Dec 9, 2013
Sold by
Segel Alison Jordan
Bought by
Khachek Sarkes and Khachek Linda
Seller's Agent
Bryan Uhrig
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$512,100
Sold Price
$512,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$409,680
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2011
Sold by
City Ventures Homebuilding Llc
Bought by
Segel Alison Jordan
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
Karakashian Carolina $589,000 First American Title Company
Khachek Sarkes Malkon -- None Available
Khachek Sarkes $512,500 First American Title Company
Segel Alison Jordan $487,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karakashian Carolina $471,200
Previous Owner Khachek Sarkes $409,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2013 12/17/13 Sold $512,100 0.0% $332 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $512,100 -- $332 / 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 $6,646 $644,152 $240,600 $403,552
2023 $6,646 $619,141 $231,258 $387,883
2022 $6,409 $607,002 $226,724 $380,278
2021 $6,260 $595,101 $222,279 $372,822
2020 $6,194 $589,000 $220,000 $369,000
2019 $6,003 $562,750 $197,802 $364,948
2018 $5,918 $551,717 $193,924 $357,793
2017 $5,723 $540,900 $190,122 $350,778
2016 $5,648 $530,295 $186,395 $343,900
2014 $5,496 $512,100 $180,000 $332,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bryan Uhrig

    Coldwell Banker Realty

  • N

    Buyer's Agent in 2013

    Non Member Agent

    Non Member Office

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3473

Santa Barbara Multiple Listing Service

APN: 031-590-007

California Santa Barbara County Santa Barbara 93103 Eastside

573 E Montecito St, Santa Barbara, CA

Not Listed for Sale

Townhouses

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