NOT LISTED FOR SALE

Estimated Value: $1,905,000 - $4,370,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 22, 2017

Last sale price $2,200,000

Est. 42% increase in value since last sale

Current estimated payment $19,100/month

9 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Garage
  • Fireplace
  • Forced Air Heating and Cooling System
  • 5-minute walk to Carpinteria Salt Marsh Nature Park

About This Home

As of November 2017

Rare Opportunity to Acquire a 4 Unit Apartment Building in Desirable community of Carpinteria. Each unit has 2 bedrooms and 2 full baths, a patio or balcony, and onsite covered parking. Owner occupied unit has been upgraded throughout and has washer/dryer hookups. Spacious communal deck and onsite laundry room.

Last Agent to Sell the Property

Betsy Jones Zwick

Coldwell Banker Realty Listed on: 09/14/2017

Last Buyer's Agent

Angela Moloney

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,007

Year Built

  • Built in 1980

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 174' x 50'
  • Property is in excellent condition

Interior Spaces

  • Fireplace
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Garage
  • Carport

Schools

  • Aliso Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 003-303-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,007

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1980
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: Laundry Room
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1980
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Condition Excellent: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Apx Lot SqFt: 8712.0
  • FlrWdw Coverings Carpet: Yes
  • Property Information Apx Lot Size FxD: 174' x 50'
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • HeatingCooling AC Central2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Microwave2: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Gar #14: Yes
  • Parking Info Gar #35: Yes
  • Parking Info Gar #43: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.2

Garage/Parking

  • Parking Features: Garages, Gar #1, Gar #2, Gar #3, Gar #4, Cpt #1, Cpt #2

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

  • Elementary School: Aliso
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 003-303-001
  • Zoning: R-4
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Santa Barbara School
Bought by
Cate School
Current Estimated Value
$3,130,772

Purchase Details

Closed on
Aug 2, 2018
Sold by
Siegel Julie Tolstad and Irwin J Siegel Trust
Bought by
Cate School Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 14, 2017
Closed on
Nov 8, 2017
Sold by
Cassriel Harold G and Cassriel Jody L
Bought by
Siegel Julie Tolstad and The Irwin J Siegel Trust
Seller's Agent
Betsy Jones Zwick
Coldwell Banker Realty
Buyer's Agent
Angela Moloney
Berkshire Hathaway HomeServices California Properties
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Aug 12, 2002
Sold by
Bowman Robert L and Bowman Carole
Bought by
The Robert L & Carole A Bowman Joint Liv
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
Cate School -- None Listed On Document
Cate School Corp $2,330,000 Chicago Title Co
Siegel Julie Tolstad $2,200,000 Chicago Title Company
The Robert L & Carole A Bowman Joint Liv -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cate School Corp $1,687,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $2,200,000 0.0% --
09/23/2017 09/23/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $2,200,000 -- --
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 $30,007 $2,599,154 $948,189 $1,650,965
2023 $30,007 $2,498,228 $911,371 $1,586,857
2022 $28,962 $2,449,244 $893,501 $1,555,743
2021 $28,318 $2,401,221 $875,982 $1,525,239
2020 $27,954 $2,376,600 $867,000 $1,509,600
2019 $27,355 $2,330,000 $850,000 $1,480,000
2018 $25,976 $2,200,000 $800,000 $1,400,000
2017 $7,913 $497,457 $114,785 $382,672
2016 $7,777 $487,704 $112,535 $375,169
2015 $7,718 $480,379 $110,845 $369,534
2014 $7,305 $470,970 $108,674 $362,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3114

Santa Barbara Multiple Listing Service

APN: 003-303-001