NOT LISTED FOR SALE

623 Kentia Ave Santa Barbara, CA 93101

Westside Neighborhood

Estimated Value: $1,565,000 - $2,256,452

Studio
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold September 12, 2014

Last sale price $1,265,000

Est. 47% increase in value since last sale

Current estimated payment $10,941/month

7 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Laundry Room
  • 4-minute walk to Pilgrim Terrace Park
  • San Marcos Senior High School Rated A-
  • Property is in excellent condition

About This Home

As of September 2014

Wonderfully upgraded units. All units are long term tenants. Turn Key property. Perfect for a first time investor. Upstairs units boast cathedral ceilings. Property is beautifully fenced and maintained. New Drive way and commercial water softer with instant hot water.

Last Agent to Sell the Property

David Back

David Back License #01115682 Listed on: 08/29/2014

Co-Listed By

Monika Draggoo

American Dream Properties License #00890854

Last Buyer's Agent

Don Ford

Sun Coast Real Estate License #00953123

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,663

Parking

  • Uncovered Parking

Home Design

  • Slab Foundation

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital

Schools

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

Additional Features

  • Laundry Room
  • Property is in excellent condition

Community Details

  • 4 Units
  • Gross Income $90,000

Listing and Financial Details

  • Assessor Parcel Number 043-050-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Income Expenses Annual Income: 90000.0
  • Monthly Income: 7200.0
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: adp
  • Co List Office Phone: 805-681-8801
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1960
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Parking Info Uncovered: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Uncovered

Schools

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

Lot Info

  • Parcel #: 043-050-014
  • Zoning: R-4

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 90000.0
  • Total Actual Rent: 7200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Sep 9, 2014
Sold by
Guzman Frank and Guzman Christina
Bought by
1716Sp Llc
Seller's Agent
David Back
David Back
Buyer's Agent
Don Ford
Sun Coast Real Estate
List Price
$1,249,000
Sold Price
$1,265,000
Premium/Discount to List
$16,000
1.28%
Current Estimated Value
$1,853,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,363
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
Mar 23, 2005
Sold by
Guzman Frank and Guzman Christina
Bought by
Guzman Frank and Guzman Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2002
Sold by
Guzman Frank and Guzman Christina
Bought by
Guzman Frank and Guzman Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.86%

Purchase Details

Closed on
Jun 18, 2002
Sold by
Guzman Frank and Guzman Christina
Bought by
Guzman Frank and Guzman Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.86%

Purchase Details

Closed on
Jun 1, 2000
Sold by
Frank Guzman
Bought by
Guzman Frank and Guzman Christina

Purchase Details

Closed on
Nov 12, 1998
Sold by
Guzman Christina
Bought by
Guzman Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.69%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Vandyke John R & Mary J Rev Trust
Bought by
Guzman Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
1716Sp Llc $1,265,000 Fidelity National Title Co
Guzman Frank -- Fidelity National Title
Guzman Frank -- Fidelity National Title Co
Guzman Frank -- --
Guzman Frank -- Fidelity National Title Co
Guzman Frank -- --
Guzman Frank -- Lawyers Title Company
Guzman Frank $520,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guzman Frank $900,000
Previous Owner Guzman Frank $430,000
Previous Owner Guzman Frank $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $1,265,000 +1.3% --
09/05/2014 09/05/14 Pending -- -- --
08/29/2014 08/29/14 For Sale $1,249,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $15,801 $1,520,330 $600,920 $919,410
2023 $15,801 $1,461,296 $577,587 $883,709
2022 $15,248 $1,432,644 $566,262 $866,382
2021 $14,897 $1,404,554 $555,159 $849,395
2020 $14,744 $1,390,153 $549,467 $840,686
2019 $14,487 $1,362,896 $538,694 $824,202
2018 $14,283 $1,336,174 $528,132 $808,042
2017 $13,811 $1,309,976 $517,777 $792,199
2016 $13,498 $1,284,291 $507,625 $776,666
2014 $7,101 $665,000 $255,768 $409,232
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Back

    David Back

    (805) 689-8596

    4 Total Sales

    David Back
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Monika Draggoo

    American Dream Properties

    (805) 681-8801

    2 Total Sales

    Monika Draggoo
    Section Image
  • Don Ford

    Buyer's Agent in 2014

    Don Ford

    Sun Coast Real Estate

    (805) 689-7776

    3 Total Sales

    Don Ford
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-2760

Santa Barbara Multiple Listing Service

APN: 043-050-014

California Santa Barbara County Santa Barbara 93101 Westside

623 Kentia Ave, Santa Barbara, CA

Not Listed for Sale

MultiFamily

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