NOT LISTED FOR SALE

Estimated Value: $1,360,000 - $1,576,000

3 Beds
1 Bath
1,173 Sq Ft
$1,263/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $897,000 $765 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,041/month

8 Days on Market

Highlights

  • Art Studio
  • Property is near public transit
  • Corner Lot
  • San Marcos Senior High School Rated A
  • Wood Flooring
  • Cottage

About This Home

As of December 2020

DIAMOND IN THE ROUGH / ADU POTENTIAL? Tucked away behind mature privacy hedges in a quiet & quaint Westside location is this fantastic opportunity to bring to life a 3 bedroom Vintage Cottage with large Studio above the 2 Car Garage. This is the project you've been waiting for in a 'Pride of Ownership' neighborhood.

Schools: Adams Elem. & San Marcos!

Last Agent to Sell the Property

Toni Mochi

22 West Realtors License #01223666 Listed on: 11/04/2020

Last Buyer's Agent

Bartron Real Est Group

Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,849

Year Built

  • Built in 1933

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is in average condition

Parking

  • Garage

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Art Studio
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Community Details

  • 20 Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043-162-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,849

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Directions: Mission to San Pascual to Islay. On Corner of Sunset and Islay.
  • Prop. Type: Residential
  • Year Built: 1933
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Corner Lot, Near Public Transit
  • Subdivision Name: 20 - Westside
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Fair, Poor
  • Property Information Year Built2: 1933
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.11
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near School(s)2: Yes
  • Fireplace(s) LR: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Condition Fair2: Yes
  • Foundation Raised: Yes
  • Condition Poor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • Construction Type: Other, Wood Siding
  • Acres: 0.11
  • Topography: Level
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Water Source: SB Wtr

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 043-162-012
  • Zoning: Other
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 2, 2020
Sold by
Farrar Graham S and Farrar Sara
Bought by
Smith Christopher L and Brown Nicole T
Seller's Agent
Toni Mochi
22 West Realtors
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$895,000
Sold Price
$897,000
Premium/Discount to List
$2,000
0.22%
Current Estimated Value
$1,481,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,169
Avg. Annual Appreciation
11.26%
Original Mortgage
$717,600
Outstanding Balance
$642,918
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$838,252

Purchase Details

Closed on
Apr 2, 2007
Sold by
Farrar Graham S
Bought by
Farrar Graham S and Farrar Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,275
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2007
Sold by
Farrar Sara
Bought by
Farrar Graham S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2004
Sold by
Shaw Sara and Farrar Sara
Bought by
Farrar Graham Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Grigsby Ethel Joy
Bought by
Farrar Graham Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1998
Sold by
Joy Huhn Ethel and Joy Ethel
Bought by
Grigsby Ethel Joy

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
6.2%
Source: Public Records

Range of Values:

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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
Smith Christopher L $897,000 Fidelity National Title Co
Farrar Graham S -- United General Title Ins Co
Farrar Graham S -- United General Title
Farrar Graham S -- United General Title Ins Co
Farrar Graham Scott -- Equity Title Company Santa B
Farrar Graham Scott -- Equity Title Company Santa B
Grigsby Ethel Joy -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Christopher L $717,600
Previous Owner Farrar Graham S $648,275
Previous Owner Farrar Graham S $130,000
Previous Owner Farrar Graham Scott $110,000
Previous Owner Farrar Graham Scott $650,000
Previous Owner Farrar Graham Scott $650,000
Previous Owner Grigsby Ehtel Joy $100,000
Previous Owner Grigsby Ethel Joy $120,000
Previous Owner Grigsby Ethel Joy $95,000
Previous Owner Grigsby Ethel Joy $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $897,000 +0.2% $765 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $895,000 -- $763 / 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 $11,849 $1,139,239 $568,276 $570,963
2023 $11,849 $933,238 $546,210 $387,028
2022 $9,751 $914,940 $535,500 $379,440
2021 $9,527 $897,000 $525,000 $372,000
2020 $9,536 $898,000 $622,000 $276,000
2019 $9,557 $898,000 $622,000 $276,000
2018 $9,417 $880,000 $610,000 $270,000
2017 $8,846 $838,000 $581,000 $257,000
2016 $8,434 $798,000 $553,000 $245,000
2014 $7,938 $745,000 $516,000 $229,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4297

Santa Barbara Multiple Listing Service

APN: 043-162-012