NOT LISTED FOR SALE

605 E Pine Ave Lompoc, CA 93436

Estimated Value: $645,440 - $703,000

5 Beds
4 Baths
1,936 Sq Ft
$348/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $507,500 $262 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,115/month

About This Home

As of February 2021

Duplex with one side a 2 bedroom 1 bath The other side is a 3 bedroom 2 bathroom. Updated kitchen and bathrooms in 2010. Nice courtyard for privacy on unit B. Both have a 1 car garage that is detached from the residence. Larger unit in the AirBNB and has a history of rents. No city permits or business license on file.

Last Agent to Sell the Property

Ron Bishow

www.RonBishow.com License #01130553 Listed on: 12/01/2020

Last Buyer's Agent

Ron Bishow

www.RonBishow.com License #01130553 Listed on: 12/01/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • No Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Kitchen

  • Gas Oven
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 087040058

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Fuel Expense $90
  • Insurance Expense $1,400
  • Trash Expense $20
  • Water Sewer Expense $220
  • New Taxes Expense $6,000
  • Operating Expense $12,040
  • Gross Income $38,000
  • Net Operating Income $25,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 220.00
  • Zoning: Residential
  • Property Type: Residential Income
  • Parcel Number: 087040058
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Water Heater, Water Heater
  • Trash Expense: 20.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Fuel Expense: 90.00
  • Gross Income: 38000.00
  • Gross Scheduled Income: 38000.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 25000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Expenses: 12040.00

Tax Info

  • New Taxes Expense: 6000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 28, 2021
Sold by
Hughes Linda Beth and Hughes Matthew Sinclair
Bought by
Puente Ruben D Salas and Vega Salas Natasha
Seller's Agent
Ron Bishow
www.RonBishow.com
Buyer's Agent
Ron Bishow
www.RonBishow.com
Sold Price
$507,550
Current Estimated Value
$688,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,843
Avg. Annual Appreciation
5.92%
Original Mortgage
$498,307
Outstanding Balance
$445,450
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,410

Purchase Details

Closed on
Apr 9, 2019
Sold by
Hughes Matthew S and Hughes Linda B
Bought by
Hughes Linda Beth and Hughes Matthew Sinclair

Purchase Details

Closed on
May 24, 2011
Sold by
Deutsche Bank Trust Company Americas
Bought by
Hughes Matthew and Hughes Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Arnold Mai Thi
Bought by
Deutsche Bank Trust Company Americas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2002
Sold by
Pack Greg
Bought by
Arnold Mai Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 27, 1995
Sold by
Jackson Keith E and Jackson Barbara G
Bought by
Pack Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,129
Interest Rate
7.18%
Mortgage Type
FHA
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
Puente Ruben D Salas $507,500 First American Title Company
Hughes Linda Beth -- None Available
Hughes Matthew $205,000 First American Title Company
Deutsche Bank Trust Company Americas $212,500 Accommodation
Arnold Mai Thi $350,000 Stewart Title Of Ca Inc
Pack Greg $166,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puente Ruben D Salas $498,307
Previous Owner Hughes Matthew $143,500
Previous Owner Arnold Mai Thi $255,000
Previous Owner Pack Greg $162,129
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2021 02/02/21 Sold $507,500 0.0% $262 / Sq Ft View Prior Sale
02/02/2021 02/02/21 Sold $507,550 -- $262 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
Source: Ventura County Regional Data Share

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 $5,966 $549,332 $146,128 $403,204
2023 $5,966 $528,003 $140,454 $387,549
2022 $5,865 $517,650 $137,700 $379,950
2021 $2,802 $237,874 $87,026 $150,848
2020 $2,773 $235,436 $86,134 $149,302
2019 $2,727 $230,821 $84,446 $146,375
2018 $2,685 $226,296 $82,791 $143,505
2017 $2,636 $221,860 $81,168 $140,692
2016 $2,589 $217,511 $79,577 $137,934
2014 $2,534 $210,049 $76,847 $133,202
Source: Public Records

Agents Affiliated with this Home

  • Ron Bishow

    Seller's Agent in 2021

    Ron Bishow

    www.RonBishow.com Real Estate

    (805) 717-0707

    5 in this area

    11 Total Sales

    Ron Bishow
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-2223

Ventura County Regional Data Share

APN: 087-040-058

California Santa Barbara County Lompoc 93436

605 E Pine Ave, Lompoc, CA

Not Listed for Sale

MultiFamily

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