NOT LISTED FOR SALE

5835 Mandarin Dr Goleta, CA 93117

Estimated Value: $1,031,000 - $1,591,000

4 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold July 30, 2014

Last sale price $740,000

Est. 90% increase in value since last sale

Current estimated payment $8,230/month

56 Days on Market

Highlights

  • Additional Residence on Property
  • Cape Cod Architecture
  • Property is near park, public transit, schools, shops, and bus stop
  • Goleta Valley Junior High School Rated A
  • Maid or Guest Quarters
  • Corner Lot

About This Home

As of July 2014

Charming convertible owner-user triplex in Old Town, 2/1+1/1+1/1. (2 BR has a loft in 1 BR); Units have pvt back yards. 4 parking spots+street; $4080/mo in current rents w/possible upside; Sep electric meters; Stoves & fridges in each unit (no GDs or DWs); Close to dining, shopping, playground, laundromat; 10 minutes to UCSB. Tenants pay electricity and maintain yards. Owner pays gas,water,trash. Units are all attached, so there may be a possibility of connecting 2 of them to create an owner-user duplex, or simply using as is.

5833 Mandarin: 1 BR/1BA. Rent is $1350/mo.
5835 Mandarin: 2 BR/1 BA; 2nd Bedroom has a loft. Rent is $1430/mo (Rent is low in the 2 bedroom unit because the owner has known that tenant a long time.
5837 Mandarin: 1 BR/1BA. Rent is $1300/mo.

New roof and French drain in 2004. Parking area redone in 2004 as part of the new drainage. 5387 had new kitchen and bathroom in 2004; There is also a timed sprinkler system.

Last Agent to Sell the Property

Ashley Anderson & Paul Hurst

Berkshire Hathaway HomeServices California Properties License #01903215 / 00826530 Listed on: 06/02/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Allan S. Jones

Santa Ynez Valley Real Estate License #00984793

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Property is in good condition

Parking

  • Uncovered Parking

Home Design

  • Cape Cod Architecture
  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Dining Area
  • Stove

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

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

Location

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

Additional Features

  • Stepless Entry
  • Patio
  • Additional Residence on Property
  • Sewer Stub Out

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 071-053-001

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Directions: Hollister to Magnolia, north. Magnolia is 2 blocks east of Fairview.
  • Prop. Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Corner Lot, Near Public Transit
  • Architectural Style: Cal Cottage, Cape Cod
  • Reso Flooring: Carpet, Vinyl
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Second Residence
  • Reso Property Condition: Good
  • Property Information Year Built2: 1952
  • Property Information Total #Units: 3
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Style Cal Cottage: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Gas Stove3: Yes
  • WaterSewer Sewer Hookup: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Amenities Guest Quarters2: Yes
  • Property Information Apx Lot SqFt: 5227.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Amenities Second Residence: Yes
  • Amenities Grnd Unit: Yes
  • Pets Yes: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding
  • Acres: 0.12
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Patio Open, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #4

Utilities

  • Water Source: Goleta Wtr

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 071-053-001
  • Zoning: Other
  • Lot Size Sq Ft: 5227.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jul 25, 2014
Sold by
Cole Herbert M and Cole Shelley L
Bought by
The Jones Organization
Seller's Agent
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Allan S. Jones
Santa Ynez Valley Real Estate
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Current Estimated Value
$1,404,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$664,876
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Oct 3, 2008
Sold by
Cole Herbert M and Cole Shelley L
Bought by
Cole Herbert M and Cole Shelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2004
Sold by
Cole Herbert M and Cole Shelley L
Bought by
Cole Herbert M and Cole Shelley L

Purchase Details

Closed on
May 14, 1996
Sold by
Household Finance Corp Of California
Bought by
Cole Herbert M and Cole Shelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.25%

Purchase Details

Closed on
Aug 23, 1995
Sold by
Skinner Nellie and Frandsen Harold T
Bought by
Household Finance Corp Of California
Source: Public Records
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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
The Jones Organization $740,000 First American Title Company
Cole Herbert M -- First American Title Company
Cole Herbert M -- First American Title Company
Cole Herbert M -- --
Cole Herbert M -- --
Cole Herbert M $210,000 Fidelity National Title
Household Finance Corp Of California $271,707 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Herbert M $175,000
Previous Owner Cole Herbert M $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2014 07/30/14 Sold $740,000 0.0% --
07/30/2014 07/30/14 Sold $740,000 -1.3% -- View Prior Sale
07/28/2014 07/28/14 Pending -- -- --
07/28/2014 07/28/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $750,000 0.0% --
06/02/2014 06/02/14 For Sale $750,000 -- --
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 $10,610 $889,360 $444,680 $444,680
2023 $10,610 $854,826 $427,413 $427,413
2022 $10,299 $838,066 $419,033 $419,033
2021 $10,146 $821,634 $410,817 $410,817
2020 $9,907 $813,210 $406,605 $406,605
2019 $9,746 $797,266 $398,633 $398,633
2018 $9,536 $781,634 $390,817 $390,817
2017 $9,365 $766,308 $383,154 $383,154
2016 $9,009 $751,284 $375,642 $375,642
2015 $8,921 $740,000 $370,000 $370,000
2014 -- $284,576 $162,615 $121,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-1736

Santa Barbara Multiple Listing Service

APN: 071-053-001