NOT LISTED FOR SALE

617 Sutton Ave Santa Barbara, CA 93101

Lower West Neighborhood

Estimated Value: $1,325,305 - $1,572,000

3 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold January 31, 2018

Last sale price $735,000

Est. 92% increase in value since last sale

Current estimated payment $8,400/month

26 Days on Market

Highlights

  • Property is near an ocean
  • 2 Car Attached Garage
  • 5-minute walk to Parque De Lis Niños
  • San Marcos Senior High School Rated A
  • Property is near schools

About This Home

As of January 2018

INVESTOR SPECIAL! Legal DUPLEX: Two houses on one lot. Front house is 1 story, 2 beds, 1&1/4 baths. Front house is a fixer and the price reflects it. Back house was built by current owner and is in good condition. This is a 2 story, 3 beds, 1&1/2 baths. Back home features Large kitchen with brand new kitchen cabinets, freshly painted throughout. Balconies from all 3 of the bedrooms and have magnificent mountain views plus an attached 2 car garage. Great income producing home or perfect for owner occupant looking to live in one and rent the other. Room to raise the rent on the front home.

Last Agent to Sell the Property

Yeny Estrada

Re/Max Gold Coast Realtors License #01373052 Listed on: 12/25/2017

Re/Max Gold Coast Realtors

Last Buyer's Agent

Donna De Libro

Keller Williams Realty Santa Barbara License #01099335

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,714

Year Built

  • Built in 1986

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Schools

  • Mckinley Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Additional Features

  • 2-Story Property
  • Property is near an ocean
  • Property is near schools
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 037-062-005

Community Details

Overview

  • 2 Units
  • 20 Westside Subdivision

Building Details

  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,714

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1986
  • Income Expenses Annual Income: 51600.0
  • Monthly Income: 4300.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 2.0
  • Building Stories: 2
  • Subdivision Name: 20 - Westside
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good, Fair
  • Property Information Year Built2: 1986
  • NeighborhoodSchools Elementary School: McKinley
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Property Information Apx Lot SqFt: 5227.0
  • Condition Good2: Yes
  • General Property Information Stories2: 2.0
  • Condition Fair2: Yes
  • Parking Info Garages: Yes
  • Parking Info Attached6: Yes
  • Parking Info Street: Yes
  • Parking Info Total # Garage Spaces2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.12

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garages, Mixed, Street, Attached
  • Total Parking Spaces: 2.0

Schools

  • Elementary School: McKinley
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 037-062-005
  • Zoning: Other
  • Lot Size Sq Ft: 5227.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 51600.0
  • Total Actual Rent: 4300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2017
Closed on
Jan 29, 2018
Sold by
Calvillo Jose
Bought by
Fjm Private Mortgage Fund Llc
Seller's Agent
Yeny Estrada
Re/Max Gold Coast Realtors
Buyer's Agent
Donna De Libro
Keller Williams Realty Santa Barbara
List Price
$800,000
Sold Price
$735,000
Premium/Discount to List
-$65,000
-8.12%
Current Estimated Value
$1,408,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,398
Avg. Annual Appreciation
8.95%
Original Mortgage
$485,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2004
Sold by
Calvillo Maria Silvia
Bought by
Calvillo Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 20, 1993
Sold by
Calvillo Francisco and Montenegro Marco
Bought by
Calvillo Jose
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
Fjm Private Mortgage Fund Llc $735,000 Fidelity National Title Co
Calvillo Jose -- Chicago Title Company
Calvillo Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parma Properties Llc $941,500
Closed Fjm Private Mortgage Fund Llc $485,000
Previous Owner Calvillo Jose $330,000
Previous Owner Calvillo Jose $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $735,000 -8.1% --
01/02/2018 01/02/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $800,000 -- --
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 $8,714 $836,298 $512,020 $324,278
2023 $8,714 $803,826 $492,139 $311,687
2022 $8,408 $788,066 $482,490 $305,576
2021 $8,214 $772,615 $473,030 $299,585
2020 $8,129 $764,694 $468,180 $296,514
2019 $7,988 $749,700 $459,000 $290,700
2018 $3,238 $299,999 $100,734 $199,265
2017 $3,131 $294,117 $98,759 $195,358
2016 $3,132 $288,351 $96,823 $191,528
2014 $3,049 $278,458 $93,501 $184,957
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2018

    Yeny Estrada

    RE/MAX

    Section Image

  • D

    Buyer's Agent in 2018

    Donna De Libro

    Keller Williams Realty Santa Barbara

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3942

Santa Barbara Multiple Listing Service

APN: 037-062-005

California Santa Barbara County Santa Barbara 93101 Lower West

617 Sutton Ave, Santa Barbara, CA

This home is located at 617 Sutton Ave, Santa Barbara, CA 93101 since 25 December 2017 and is currently estimated at $1,404,076. This property was built in 1986. 617 Sutton Ave is a home located in Santa Barbara County with nearby schools including McKinley Elementary School, La Cumbre Junior High School, and San Marcos Senior High School.

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