Charlotte Pettit
Modern Broker
(805) 819-2614
105 Total Sales
7 in Lompoc
$360K - $645K Price Range
621 W Ocean Ave Lompoc, CA 93436
Lompoc Area
10
Beds
6
Baths
4,302
Sq Ft
6,970
Sq Ft Lot
About This Home
As of April 2024Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. Good unit mix with (4) 2Bed/1Bath and (2) 1Bed/1Bath units. Property has laundry room and off-street parking in the rear of the building. ONLY $162,500 PER UNIT. Good upside in rents. Cap Rate of 5.1% on Actuals and 8.1% Proforma.
Last Agent to Sell the Property
Battaglia Commercial RE License #01318215 Listed on: 04/03/2024
Last Buyer's Agent
Default Non Member Santa Ynez
Unknown Office
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 6,970 Sq Ft Lot
Home Design
- 4,302 Sq Ft Home
- Slab Foundation
- Shingle Roof
- Composition Roof
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Wall Furnace
Community Details
- 2 Units
Listing and Financial Details
- Security Deposit $25,000
- Tenant pays for gas, electricity
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
Apr 10, 2024
Sold by
Cathy Carter Duncan 1991 Trust and Duncan Cathy Carter
Bought by
Seller's Agent
Steve Battaglia
Battaglia Commercial RE
Buyer's Agent
Default Non Member Santa Ynez
Unknown Office
List Price
$975,000
Sold Price
$985,000
Premium/Discount to List
$10,000
1.03%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Outstanding Balance
$551,396
Interest Rate
6.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2011
Sold by
Banducci Derek
Bought by
Duncan Cathy Carter and Cathy Carter Duncan 1991 Trust
Purchase Details
Closed on
Mar 9, 2003
Sold by
Ocean Avenue Investments
Bought by
Banducci Derek
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.83%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
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Charlotte Pettit
-
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $985,000 | Wfg National Title | ||
| Duncan Cathy Carter | $360,000 | First American Title Company | |
| Banducci Derek | $425,000 | Stewart Title Of Ca Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $565,000 | ||
| Previous Owner | Banducci Derek | $285,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $985,000 | +1.0% | $229 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 02/23/2024 02/23/24 | For Sale | $975,000 | -- | $227 / Sq Ft |
Source: North Santa Barbara County Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,561 | $1,024,794 | $109,242 | $915,552 |
| 2025 | $4,982 | $1,004,700 | $107,100 | $897,600 |
| 2023 | $4,982 | $434,611 | $96,577 | $338,034 |
| 2022 | $4,894 | $426,090 | $94,684 | $331,406 |
| 2021 | $4,947 | $417,736 | $92,828 | $324,908 |
| 2020 | $4,894 | $413,454 | $91,877 | $321,577 |
| 2019 | $4,813 | $405,348 | $90,076 | $315,272 |
| 2018 | $4,739 | $397,401 | $88,310 | $309,091 |
| 2017 | $4,652 | $389,610 | $86,579 | $303,031 |
| 2016 | $4,568 | $381,972 | $84,882 | $297,090 |
| 2014 | $4,471 | $368,866 | $81,970 | $286,896 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Battaglia
Seller's Agent in 2024
Steve Battaglia
Battaglia Commercial RE
(805) 688-5333
71 Total Sales
-
DN
Buyer's Agent in 2024
Default Non Member Santa Ynez
Unknown Office
Map
Source: North Santa Barbara County Regional MLS
MLS Number: 24000297
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