$507,500
SOLD FEB 2, 2021
5 Beds
3 Baths
1,936 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

34 Days on Market

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 Real Estate License #01130553 Listed on: 10/28/2020

Last Buyer's Agent

Ron Bishow

www.RonBishow.com Real Estate License #01130553 Listed on: 10/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,966

Year Built

  • Built in 1982

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 1,936 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Wood Shingle Exterior
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Security Deposit $5,000
  • The owner pays for electricity, gardener, gas, insurance, taxes, trash collection, water
  • Assessor Parcel Number 087-040-058

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $12,000
  • Net Operating Income $22,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,966

Year Built

Built in 1982

Lot Details

0

Listing Details

  • FILLACRES: 0.16
  • ApproxYrBlt: 1982
  • Listing Member Name: Ron Bishow
  • Listing Office Short Id: 3481
  • List Office Board Code: Santa Ynez Valley
  • Lot Size Sq Ft: 6970.00
  • Major Area: 60 - Lompoc
  • Open House Office I D: 20170308161113894775000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 1000080
  • Selling Office Short Id: 3481
  • Tract Suffix: Avenue
  • Income And Expenses Annual Operating Exp: 12000.00
  • Landlord Pays: Electricity, Gardener, Gas, Insurance, Taxes, Trash Collection, Water
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Total Bathrooms: 3.00
  • Year Built Exception: Unknown
  • Total Bedrooms: 5
  • Laundry: In Each Unit, Washer/Dryer Hookup

Exterior Features

  • Exterior: Stucco, Wood Shingle
  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking: 1 - 5

Utilities

  • Air Conditioner: None
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Hot Water: Public
  • Separate Meters: Electric, Gas

Lot Info

  • Zoning Description: Res Multi-Family

Rental Info

  • Deposit: 5000.00

Tax Info

  • Assessor Parcel Number: 087-040-058

Multi Family

  • Income And Expenses Net Operating Income: 22000.00
  • Annual Operating Expense: Electricity, Gas, Insurance, Janitorial Service, Maintenance, Trash, Utilities, Water/Sewer
  • Total Number Units: 2

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
Total Days on Market
34
Current Estimated Value
$670,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,723
Avg. Annual Appreciation
6.86%
Original Mortgage
$498,307
Outstanding Balance
$454,547
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,450

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:

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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 Type Sale Price Title Company
Warranty Deed $507,500 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $205,000 First American Title Company
Trustee Deed $212,500 Accommodation
Grant Deed $350,000 Stewart Title Of Ca Inc
Grant Deed $166,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,307 Purchase Money Mortgage
Previous Owner $236,250 New Conventional
Previous Owner $192,500 Adjustable Rate Mortgage/ARM
Previous Owner $143,500 New Conventional
Previous Owner $395,500 Fannie Mae Freddie Mac
Previous Owner $255,000 Stand Alone First
Previous Owner $27,300 Unknown
Previous Owner $157,622 FHA
Previous Owner $158,503 FHA
Previous Owner $162,129 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $507,500 0.0% $262 / Sq Ft
02/02/2021 02/02/21 Sold $507,550 -- $262 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
Source: North Santa Barbara County Regional MLS

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
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

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Source: North Santa Barbara County Regional MLS

MLS Number: 20002445

North Santa Barbara County Regional MLS

APN: 087-040-058