$1,035,000
SOLD FEB 28, 2014

6615 Sabado Tarde Rd Goleta, CA 93117

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

5% Below List Price

6 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Property is near shops
  • Isla Vista Elementary School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 2-minute walk to Camino Pescadero Park

About This Home

As of February 2014

Rarely available duplex located in one of the most popular blocks of Isla Vista. Great rental history. Off street parking. Multiple decks and nice yard make this a great investment.

Last Agent to Sell the Property

John Finseth

Keller Williams Realty Santa Barbara Listed on: 01/28/2014

Co-Listed By

Steven Heller

Berkshire Hathaway HomeServices California Properties License #00929496

Last Buyer's Agent

Marty Styles

Market Ready Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,894

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Stove

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Property is near an ocean
  • Deck

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Additional Features

  • Property is in good condition
  • Property is near shops

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 075-201-063

Community Details

Overview

  • 2 Units

Building Details

  • Trash Expense $70
  • Gross Income $90,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,894

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Income Expenses Annual Income: 90000.0
  • Gross Rent Multiplier: 12,167
  • Monthly Income: 7500.0
  • Income Expenses Trash Expense: 70.0
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 5.0
  • Building Stories: 2
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Good
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • HeatingCooling Wall3: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Security Smoke Detector(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Amenities Deck2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Elec Stove: Yes
  • HeatingCooling Elec: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Unc #4
  • Total Parking Spaces: 5.0

Utilities

  • Heating: Elec
  • HeatingYN: Yes

Fee Information

  • Trash Expense: 70.0

Schools

  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 075-201-063
  • Zoning: Other

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 90000.0
  • Total Actual Rent: 7500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2014
Sold by
Schneider Matthew E
Bought by
Mavericks Investments Llc
Current Estimated Value
$1,930,941

Purchase Details

Listed on
Jan 28, 2014
Closed on
Feb 19, 2014
Sold by
Greathouse I V I Llc
Bought by
Schneider Matthew E
Seller's Agent
John Finseth
Keller Williams Realty Santa Barbara
Buyer's Agent
Marty Styles
Market Ready Properties
List Price
$1,095,000
Sold Price
$1,035,000
Premium/Discount to List
-$60,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Greathouse John M and Greathouse Karen L
Bought by
Greathouse I V I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,200
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
Sold by
Greathouse I V I Llc
Bought by
Greathouse John M and Greathouse Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,200
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Greathouse John M and Greathouse Karen L
Bought by
Greathouse I V I Llc

Purchase Details

Closed on
Oct 11, 2005
Sold by
Greathouse John M and Greathouse Karen L
Bought by
Greathouse John M and Greathouse Karen L

Purchase Details

Closed on
Mar 26, 2003
Sold by
Arlington Jeff and Arlington Rosa
Bought by
Greathouse John M and Greathouse Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
5.79%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Ray George T and Ray Julie Taylor
Bought by
Arlington Jeff and Arlington Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.56%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Grant Deed $1,035,000 Fidelity National Title Co
Deed -- None Available
Grant Deed -- Advantage Title Inc
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Grant Deed $730,000 First American Title Co
Grant Deed $485,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $493,200 New Conventional
Previous Owner $547,500 No Value Available
Previous Owner $388,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $1,035,000 0.0% --
02/26/2014 02/26/14 Sold $1,035,000 -5.5% --
02/03/2014 02/03/14 Pending -- -- --
02/03/2014 02/03/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $1,095,000 0.0% --
01/27/2014 01/27/14 For Sale $1,095,000 -- --
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 $14,894 $1,268,759 $674,220 $594,539
2023 $14,894 $1,219,493 $648,040 $571,453
2022 $14,146 $1,195,583 $635,334 $560,249
2021 $13,898 $1,172,141 $622,877 $549,264
2020 $13,545 $1,160,123 $616,491 $543,632
2019 $13,306 $1,137,376 $604,403 $532,973
2018 $13,064 $1,115,075 $592,552 $522,523
2017 $12,811 $1,093,212 $580,934 $512,278
2016 $12,378 $1,071,778 $569,544 $502,234
2014 $10,207 $862,474 $502,126 $360,348
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-257

Santa Barbara Multiple Listing Service

APN: 075-201-063