NOT LISTED FOR SALE

Estimated Value: $1,872,000 - $2,958,266

3 Beds
0.5 Bath
1,944 Sq Ft
4,356 Sq Ft Lot

Last Sold February 03, 2023

Last sale price $2,000,000 $1,029 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,264/month

Highlights

  • Property is near an ocean
  • Cottage
  • Property is in excellent condition
  • Property is near a park
  • Laundry Room
  • 5-minute walk to Tomol Interpretive Play Area

About This Home

As of May 2024

There's plenty of room to relax with 3 bedrooms and 1.5 baths. Hardwood floors throughout and french doors in both the living and dining rooms opening up to your own private outdoor patio, creates the ultimate indoor-outdoor living experience. The open concept kitchen is fully updated with a dishwasher, gas stove/oven, and a full-size fridge. Stunning mountain views surround this dreamy unit and can be enjoyed from the three upstairs bedrooms providing abundant natural light.

Off-street parking, a separate storage unit, outdoor shower and a private washer and dryer make this sweet spot a convenient oasis. Step into true coastal living.
Rent with a 1 year lease. Unfurnished $5,200/m. Furnished $5,400/m.

Beginning May 1st, 2024, rent to be $5,500.

Text Michelle at 805-617-3838

Last Agent to Rent the Property

Teddy Muller

Village Properties License #02160267 Listed on: 01/15/2024

Last Renter's Agent

Michelle King

Village Properties License #02030289

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,090

Year Built

  • 1989

Lot Details

  • 4,356

Parking

  • Carport

Home Design

  • Cottage

Interior Spaces

  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 0.5 Bathroom

Location

  • Property is near a park
  • Property is near shops
  • Property is near a bus stop

Additional Features

  • Property is near an ocean
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 003-305-013

Condo Details

Home Type

Condominium

Est. Annual Taxes

$23,090

Year Built

1989

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Cal Cottage
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information Total Bathrooms2: 2.0
  • Style Cal Cottage2: Yes
  • Laundry Laundry Room: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near Shopping: Yes
  • Construction Two Story: Yes
  • Proximity Near Park(s): Yes
  • Proximity Near Bus2: Yes
  • ParkingGarage Cpt #23: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #2

Lot Info

  • Parcel #: 003-305-013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Jan 30, 2023
Sold by
Calprop V Llc
Bought by
Hudson And Haeg Family Trust
Seller's Agent
David Kim
Village Properties
Buyer's Agent
Teddy Muller
Village Properties
List Price
$1,795,000
Sold Price
$2,000,000
Premium/Discount to List
$205,000
11.42%
Current Estimated Value
$2,467,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,317
Avg. Annual Appreciation
8.41%

Purchase Details

Listed on
Sep 25, 2013
Closed on
Oct 28, 2013
Sold by
Gates John M and Gates Lynn Z
Bought by
Calprop V Llc
Seller's Agent
Shirley Kimberlin
Seascape Realty
Buyer's Agent
Shirley Kimberlin
Classic Realty
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
May 5, 2004
Sold by
Olsen Stephan T and Olsen Kenneth R
Bought by
Gates John M and Gates Lynn Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2001
Sold by
Gutierrez Hector and Gutierrez Yolanda
Bought by
Olsen Stephan T and Olsen Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.06%
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
Hudson And Haeg Family Trust $2,000,000 Chicago Title
Calprop V Llc $1,050,000 Chicago Title Company
Gates John M -- First American Title Company
Olsen Stephan T -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson And Haeg Family Trust $1,100,000
Previous Owner Gates John M $175,000
Previous Owner Gates John M $615,000
Previous Owner Olsen Stephan T $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $5,500 0.0% --
04/29/2024 04/29/24 Price Changed $5,500 +1.9% $3 / Sq Ft
01/15/2024 01/15/24 For Rent $5,400 0.0% --
02/03/2023 02/03/23 Sold $2,000,000 0.0% $1,029 / Sq Ft
02/03/2023 02/03/23 Sold $2,000,000 +11.4% $1,029 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/26/2023 01/26/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $1,795,000 0.0% $923 / Sq Ft
01/24/2023 01/24/23 For Sale $1,795,000 +71.0% $923 / Sq Ft
10/31/2013 10/31/13 Sold $1,050,000 0.0% $540 / Sq Ft
10/31/2013 10/31/13 Sold $1,050,000 -12.5% $540 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
10/01/2013 10/01/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $1,200,000 0.0% $617 / Sq Ft
09/12/2013 09/12/13 For Sale $1,200,000 -- $617 / 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 $23,090 $2,080,800 $936,360 $1,144,440
2023 $23,090 $1,237,166 $553,778 $683,388
2022 $14,405 $1,212,909 $542,920 $669,989
2021 $14,083 $1,189,127 $532,275 $656,852
2020 $13,903 $1,176,935 $526,818 $650,117
2019 $13,605 $1,153,859 $516,489 $637,370
2018 $13,362 $1,131,235 $506,362 $624,873
2017 $13,104 $1,109,055 $496,434 $612,621
2016 $12,878 $1,087,309 $486,700 $600,609
2014 $12,011 $1,050,000 $470,000 $580,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-145

Santa Barbara Multiple Listing Service

APN: 003-305-013