NOT LISTED FOR SALE

652 Floral Dr Solvang, CA 93463

Estimated Value: $764,000 - $843,000

3 Beds
1.5 Baths
1,921 Sq Ft
$425/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $500,000 $260 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,406/month

37 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Combination Kitchen and Dining Room
  • Solvang Elementary School Rated A-
  • Forced Air Heating System
  • Garage

About This Home

As of December 2020

Spacious and Clean Thoroughbred PUD. This 3 bedroom 1.5 bath is conveniently located near downtown, close to shops and restaurants, but far from the hustle and bustle of tourists and traffic. This lovely PUD features a spacious living area with fireplace, cozy patio and eat in kitchen. Upstairs you'll find three sizeable bedrooms, two with private balconies. Recent upgrades include installation of LVP flooring, new carpet and paint throughout.

Last Agent to Sell the Property

Allan S. Jones

Santa Ynez Valley Real Estate License #00984793 Listed on: 07/29/2020

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,660

Year Built

  • Built in 1978

Lot Details

  • 1,699

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,921 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • City Lot

Additional Features

  • Property is in good condition
  • Forced Air Heating System

Community Details

  • Association fees include insurance, prop mgmt, comm area maint
  • The Thoroughbred Community
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 137-510-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,660

Year Built

Built in 1978

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Association Fee: 495.00
  • Directions: HWY 246 East to Alisal Road, North on Alisal, West on Eucalyptus, North on Floral.
  • Prop. Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: PUD
  • ResoLaundryFeatures: Laundry Room
  • Reso Association Fee Includes: Other, Insurance, Prop Mgmt, Comm Area Maint
  • Subdivision Name: Other
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1978
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: The Thoroughbred
  • Roof:Tile2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Range, Dishwasher
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 137-510-017
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Trad Fadelallah and Trad Salam
Bought by
Fadelallah And Salam Trad Trust
Current Estimated Value
$816,163

Purchase Details

Closed on
Sep 2, 2020
Sold by
Molter James David and Johnson Motter Lory
Bought by
Trad Fadelallah and Trad Salam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Riedy Douglas C and Prinz Riedy Elizabeth Joy
Bought by
Motter James David and Johnson Motter Lory

Purchase Details

Closed on
May 14, 2003
Sold by
Henson Ken and Henson Carol
Bought by
Riedy Douglas C and Prinz Riedy Elizabeth Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.19%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 1998
Sold by
Steve Long
Bought by
Henson Ken and Henson Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
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
Fadelallah And Salam Trad Trust -- --
Trad Fadelallah $500,000 First American Title Company
Motter James David $360,000 First American Title Company
Riedy Douglas C $375,000 Chicago Title Co
Henson Ken $170,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trad Fadelallah $305,000
Previous Owner Trad Fadelallah $300,000
Previous Owner Riedy Douglas C $300,000
Previous Owner Henson Ken $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $500,000 +0.2% $260 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $499,000 -- $260 / 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 $5,660 $541,214 $216,485 $324,729
2023 $5,660 $520,200 $208,080 $312,120
2022 $5,472 $510,000 $204,000 $306,000
2021 $5,382 $500,000 $200,000 $300,000
2020 $4,125 $382,034 $106,120 $275,914
2019 $4,044 $374,544 $104,040 $270,504
2018 $3,973 $367,200 $102,000 $265,200
2017 $3,944 $360,000 $160,000 $200,000
2016 $4,236 $392,000 $183,000 $209,000
2014 $3,277 $311,000 $145,000 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2882

Santa Barbara Multiple Listing Service

APN: 137-510-017