NOT LISTED FOR SALE

6631 Picasso Rd Goleta, CA 93117

Isla Vista Area
5 Beds
3 Baths
13,235 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: May 30, 2014

Last sale price $4,625,000 $349 Per Sq Ft

83 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park and schools
  • Laundry Room

About This Home

As of May 2014

Recently renovated 20 unit apartment building located in the heart of the UCSB-adjacent community of Isla Vista. Features large bedrooms, each with walk-in closets and ample storage space.
Building consists of (18) 1BR + 1BA units and (2) 2BR + 1BA units with a common laundry room. This property also offers a back parking lot with 14 uncovered spaces and an additional 6 covered spaces.

Last Agent to Sell the Property

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 11/13/2013

Radius Group Commercial R.E.

Co-Listed By

Brian Johnson

Radius Group Commercial R.E.

Last Buyer's Agent

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 11/13/2013

Radius Group Commercial R.E.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.43

Parking

  • Carport
  • Uncovered Parking

Additional Features

  • Laundry Room
  • Property is near an ocean
  • Property is near park and schools

Community Details

  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 075-051-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.43 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1962
  • ResoLaundryFeatures: Laundry Room
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • Property Information Year Built2: 1962
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Parking Info Carport2: Yes
  • Parking Info Uncovered: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Carport, Uncovered

Schools

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

Lot Info

  • Parcel #: 075-051-035
  • Zoning: R-4

Multi Family

  • Number Of Units Total: 20

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
Nov 13, 2013
Closed on
Apr 21, 2014
Sold by
Bought by
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Steve Golis
Radius Group Commercial R.E.
List Price
$4,650,000
Sold Price
$4,625,000
Premium/Discount to List
-$25,000
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,312,500
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.82%
Mortgage Type
Stand Alone Second
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- First American Title Company
-- Lawyers Title Company
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 $2,496,000
Closed $2,400,000
Closed $2,312,500
Previous Owner $2,800,000
Previous Owner $500,000
Previous Owner $2,031,250
Previous Owner $500,000
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
05/30/2014 05/30/14 Sold $4,625,000 -0.5% $349 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $4,650,000 -- $351 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $74,578 $5,780,495 $2,500,755 $3,279,740
2025 $71,149 $5,667,349 $2,451,721 $3,215,628
2023 $71,149 $5,447,669 $2,356,519 $3,091,150
2022 $66,075 $5,341,049 $2,310,313 $3,030,736
2021 $65,006 $5,236,519 $2,265,013 $2,971,506
2020 $63,442 $5,182,929 $2,241,789 $2,941,140
2019 $62,387 $5,081,500 $2,197,833 $2,883,667
2018 $61,321 $4,982,060 $2,154,739 $2,827,321
2017 $59,937 $4,884,570 $2,112,490 $2,772,080
2016 $57,311 $4,788,991 $2,071,069 $2,717,922
2014 $44,399 $3,544,919 $1,680,794 $1,864,125
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3580

Santa Barbara Multiple Listing Service
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