NOT LISTED FOR SALE

Estimated Value: $1,535,000 - $1,754,000

4 Beds
2 Baths
1,496 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $1,240,000 $829 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,859/month

20 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • 1-Story Property
  • Washington Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Ortega Park

About This Home

As of January 2023

Nice corner lot triplex. Two 2 bedroom 1 bath units and a detached studio. Unit 1 features front porch, carpet in living room, tile floor in kitchen & bath and laminate wood floors in bedrooms. Unit 2 features front porch, laminate wood floors in living room & bedrooms. Nice spacious kitchen. Studio has a new wall heater and tile floor in bath. Conveniently located close to the beach, downtown, schools, parks, bus stop, Santa Barbara Bowl, and easy access to the 101 freeway.

Last Agent to Sell the Property

Tania Martinez

Keller Williams Realty Santa Barbara License #01299477 Listed on: 12/02/2022

Keller Williams Realty Santa Barbara

Last Buyer's Agent

Brian Delshad

Brian Delshad, Broker License #02128592

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,415

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Additional Features

  • 1-Story Property
  • Property is near an ocean

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 031-102-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,415

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1925
  • Monthly Income: 6300.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Building Stories: 1
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Carpet, Tile, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1925
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 3920.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • General Property Information Stories2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.09
  • Foundation Details: Slab

Schools

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

Lot Info

  • Parcel #: 031-102-010
  • Zoning: R-3
  • Lot Size Sq Ft: 3920.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 6300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 21, 2022
Sold by
Jesus And Olivia Rodriguez Living Trust
Bought by
321 W Padre St Llc
Seller's Agent
Tania Martinez
Keller Williams Realty Santa Barbara
Buyer's Agent
Brian Delshad
Brian Delshad, Broker
List Price
$1,500,000
Sold Price
$1,240,000
Premium/Discount to List
-$260,000
-17.33%
Views
27
Current Estimated Value
$1,640,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,718
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Aug 16, 2011
Sold by
Rodriguez Jesus and Rodriguez Olivia
Bought by
Rodriguez Jesus and Rodriguez Olivia

Purchase Details

Closed on
Jun 1, 2005
Sold by
Norman Floyd and Wendell Norman O
Bought by
Rodriguez Jesus and Rodriguez Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 1997
Sold by
Norman Floyd and Wendell Norman O
Bought by
Norman Floyd and Wendell Norman O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.46%

Purchase Details

Closed on
Aug 31, 1996
Sold by
Norman Floyd
Bought by
Norman Floyd and Wendell Norman O

Purchase Details

Closed on
Jul 28, 1995
Sold by
Young Evelyn L
Bought by
Norman Floyd and Wendell Norman O
Source: Public Records

Range of Values:

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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
321 W Padre St Llc $1,240,000 Chicago Title
Rodriguez Jesus -- None Available
Rodriguez Jesus $925,000 Lawyers Title Co
Norman Floyd -- First American Title
Norman Floyd -- First American Title
Norman Floyd -- --
Norman Floyd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 321 W Padre St Llc $475,000
Previous Owner Rodriguez Jesus $740,000
Previous Owner Norman Floyd $30,000
Previous Owner Norman Floyd $140,000
Previous Owner Norman Floyd $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $1,240,000 -17.3% $829 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $1,500,000 -- $1,003 / 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 $13,415 $1,290,096 $743,886 $546,210
2023 $13,415 $1,239,292 $736,878 $502,414
2022 $12,938 $1,214,993 $722,430 $492,563
2021 $12,641 $1,191,170 $708,265 $482,905
2020 $11,157 $1,051,000 $638,000 $413,000
2019 $11,181 $1,051,000 $638,000 $413,000
2018 $11,019 $1,030,000 $625,000 $405,000
2017 $10,352 $981,000 $595,000 $386,000
2016 $10,342 $981,000 $595,000 $386,000
2015 $9,452 $892,000 $541,000 $351,000
2014 -- $811,000 $492,000 $319,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3861

Santa Barbara Multiple Listing Service

APN: 031-102-010