NOT LISTED FOR SALE

6636 Sabado Tarde Rd Goleta, CA 93117

Estimated Value: $1,956,000 - $2,531,974

6 Beds
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold February 06, 2023

Last sale price $1,850,000

Est. 18% increase in value since last sale

Current estimated payment $13,173/month

48 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • Carpet
  • Isla Vista Elementary School Rated A
  • 6 Car Attached Garage
  • 2-minute walk to Trigo-Pasado Park

About This Home

As of February 2023

This Isla Vista duplex features 3 bedrooms, 1 bathroom, and +/-1,049 square feet per unit, updated windows, vinyl flooring, wall heating, 2 carports and 4 uncovered off-street spaces. The upstairs unit offers a balcony and there is a spacious back yard. Wonderfully sited and proximate to UCSB, beaches, shopping and restaurants. The new owner will have the ability to renew the leases at their preferred terms and conditions. Current rates are well below market.

Last Agent to Sell the Property

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429 Listed on: 12/06/2022

Keller Williams Realty Santa Barbara

Co-Listed By

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Erin Timmerman

Village Properties - 1 License #02012810

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,663

Home Design

  • Raised Foundation

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Car Attached Garage
  • 4 Open Parking Spaces
  • 2 Carport Spaces

Schools

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

Additional Features

  • 2-Story Property
  • Property is near an ocean
  • 5,663 Sq Ft Lot
  • Property is near park, public transit, schools, shops, and bus stop
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 075-152-023

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,768
  • Operating Expense $46,223
  • Gross Income $95,561
  • Net Operating Income $49,339

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Income Expenses Annual Income: 95561.0
  • Capitalization Rate: 2.47
  • Gross Rent Multiplier: 20.88
  • Annual Expenses: 46223.0
  • Monthly Income: 8350.0
  • Miscellaneous Parking Spaces: 6.0
  • Building Stories: 2
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Carport Y N: Yes
  • Reso Flooring: Vinyl, Carpet
  • Property Information Apx # Acres: 0.13
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Carport Spaces2: 2.0
  • Parking Info Total # Unconvered Spaces: 4.0
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Attached6: Yes
  • Foundation Raised2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • IncomeExpenses NOI2: 49339
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.13
  • Foundation Details: Raised

Garage/Parking

  • Open Parking Spaces: 4.0
  • Parking Features: Carport, Uncovered, Cpt #2, Attached
  • Total Parking Spaces: 6.0

Schools

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

Lot Info

  • Parcel #: 075-152-023
  • Zoning: Other
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 95561.0
  • Insurance Expense: 1768.0
  • Annual Operating Expense: 46223.0
  • Total Actual Rent: 8350.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Mar 7, 2023
Sold by
Coogan Family Exemption Trust
Bought by
Sabado Tarde Llc
Seller's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
Buyer's Agent
Erin Timmerman
Village Properties - 1
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%
Current Estimated Value
$2,176,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,494
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Dec 6, 2022
Closed on
Jan 26, 2023
Sold by
Hocker Trust
Bought by
Coogan Family Exemption Trust
Seller's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
Buyer's Agent
Erin Timmerman
Village Properties - 1
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sabado Tarde Llc -- --
Coogan Family Exemption Trust $1,850,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold $1,850,000 -2.4% --
01/23/2023 01/23/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $1,895,000 -5.0% --
12/06/2022 12/06/22 For Sale $1,995,000 -- --
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 $21,635 $1,924,740 $1,040,400 $884,340
2023 $21,635 $1,550,000 $725,000 $825,000
2022 $3,354 $171,946 $30,454 $141,492
2021 $3,286 $168,575 $29,857 $138,718
2020 $3,223 $166,847 $29,551 $137,296
2019 $3,177 $163,576 $28,972 $134,604
2018 $3,130 $160,369 $28,404 $131,965
2017 $3,041 $157,226 $27,848 $129,378
2016 $2,804 $154,144 $27,302 $126,842
2014 $2,831 $148,856 $26,366 $122,490
Source: Public Records

Agents Affiliated with this Home

  • Steve Epstein

    Seller's Agent in 2023

    Steve Epstein

    Keller Williams Realty Santa Barbara

    (805) 689-9339

    8 in this area

    135 Total Sales

    Steve Epstein
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    The Epstein Partners

    Keller Williams Realty Santa Barbara

  • E

    Buyer's Agent in 2023

    Erin Timmerman

    Village Properties - 1

    (805) 689-9970

    2 in this area

    30 Total Sales

    Erin Timmerman
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3883

Santa Barbara Multiple Listing Service

APN: 075-152-023

California Santa Barbara County Goleta 93117

6636 Sabado Tarde Rd, Goleta, CA

Not Listed for Sale

MultiFamily

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