NOT LISTED FOR SALE

6637 Del Playa Dr Goleta, CA 93117

Estimated Value: $1,960,000 - $2,618,123

Studio
-- Bath
1,761 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $1,750,000 $994 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $13,518/month

44 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • Patio
  • Isla Vista Elementary School Rated A
  • Fireplace
  • 1-minute walk to Camino Pescadero Park

About This Home

As of October 2020

Prime Ocean Front Income Property Offering Expansive and Panoramic Ocean Views. Rare Opportunity to Own a Highly Desirable & Sought After Location with 50 Feet of Beach Frontage. The Front Cottage was Added in 1988. The Main House was built in 1973 with Large Bay Windows & Doors Facing the Views. Both are Charming Seaside Designs. There is a Generous Unobstructed Bluff Top Patio. Currently Leased through June 2021 with a Storied History Well Recognized by the UCSB Community. Adjacent to Camino Pescadero Park with Beach Access Close By.

Last Agent to Sell the Property

Scott McCosker

Sotheby's International Realty License #00494253 Listed on: 08/31/2020

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Property is in excellent condition

Home Design

  • Slab Foundation

Interior Spaces

  • 1,761 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Stove
  • Dishwasher

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near park, public transit, schools, shops, and bus stop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 075-202-020

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $178
  • Fuel Expense $52
  • Insurance Expense $150
  • Trash Expense $215
  • Water Sewer Expense $185

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.29 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1988
  • Income Expenses Electric Expense: 178.0
  • Income Expenses Gas Expense: 52.0
  • Monthly Expense: 780.0
  • Monthly Income: 12740.0
  • Income Expenses Trash Expense: 215.0
  • Income Expenses Water Expense: 185.0
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 6.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Carpet, Other
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • Property Information Apx # Acres: 0.29
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • HeatingCooling Wall3: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Property Information Main House SqFt: 1761.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 12632.0
  • Proximity Near Bus: Yes
  • Amenities Fncd All: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Amenities Gas Stove2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Patio2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.29
  • Foundation Details: Slab

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Unc #5
  • Total Parking Spaces: 6.0

Association/Amenities

  • Fireplace: Yes

Fee Information

  • Annual Fuel Expense: 52.0
  • Trash Expense: 215.0
  • Annual Water Sewer Expense: 185.0

Schools

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

Lot Info

  • Parcel #: 075-202-020
  • Zoning: PD
  • Lot Size Sq Ft: 12632.0

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 178.0
  • Insurance Expense: 150.0
  • Total Actual Rent: 12740.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Montecito Exchange Corporation
Bought by
Soriano Investment Partners Llc
Current Estimated Value
$2,286,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$975,890
Interest Rate
3.05%
Mortgage Type
Commercial
Estimated Equity
$1,310,141

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 19, 2020
Sold by
Anderson Daniel and Anderson Yvette
Bought by
Montecito Exchange Corporation
Seller's Agent
Scott McCosker
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,875,000
Sold Price
$1,750,000
Premium/Discount to List
-$125,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,080,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 7, 2019
Sold by
Juergensmeyer Mark K
Bought by
Anderson Daniel A and Cabrera Yvette A
Seller's Agent
Waleed Elbayar
MB Real Estate Brokers
Buyer's Agent
Waleed Elbayar
MB Real Estate Brokers
List Price
$1,800,000
Sold Price
$1,580,000
Premium/Discount to List
-$220,000
-12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$999,999
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2003
Sold by
Chan Sucheng
Bought by
Juergensmeyer Mark K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,600
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1994
Sold by
Chan Sucheng
Bought by
Juergensmeyer Mark K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.67%

Purchase Details

Closed on
Nov 11, 1993
Sold by
Hetland Jerry E and Hetland Nancy K
Bought by
Juergensmeyer Mark K and Chan Sucheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soriano Investment Partners Llc $1,750,000 Fidelity National Title Co
Montecito Exchange Corporation $1,750,000 Fidelity National Title Co
Anderson Daniel A $1,580,000 Fidelity National Title Co
Juergensmeyer Mark K -- Fidelity National Title Co
Juergensmeyer Mark K -- Fidelity National Title Co
Juergensmeyer Mark K -- Chicago Title
Juergensmeyer Mark K -- Chicago Title
Hetland Jerry E -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soriano Investment Partners Llc $1,080,000
Previous Owner Montecito Exchange Corporation $1,080,000
Previous Owner Anderson Daniel A $999,999
Previous Owner Juergensmeyer Mark K $322,600
Previous Owner Juergensmeyer Mark K $280,000
Previous Owner Juergensmeyer Mark K $226,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $1,750,000 -6.7% $994 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $1,875,000 +18.7% $1,065 / Sq Ft
05/20/2019 05/20/19 Sold $1,580,000 -12.2% $648 / Sq Ft View Prior Sale
04/08/2019 04/08/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $1,800,000 -- $738 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $20,902 $1,894,254 $920,066 $974,188
2023 $20,902 $1,820,700 $884,340 $936,360
2022 $20,078 $1,785,000 $867,000 $918,000
2021 $19,726 $1,750,000 $850,000 $900,000
2020 $17,954 $1,611,600 $714,000 $897,600
2019 $7,711 $626,615 $319,964 $306,651
2018 $7,570 $614,336 $313,691 $300,645
2017 $7,425 $602,291 $307,541 $294,750
2016 $7,208 $590,482 $301,511 $288,971
2015 $7,129 $581,614 $296,983 $284,631
2014 -- $570,222 $291,166 $279,056
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Scott McCosker

    Sotheby's International Realty

    (805) 687-2436

    3 in this area

    42 Total Sales

    Scott McCosker
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member Agent

    Non Member Office

  • W

    Seller's Agent in 2019

    Waleed Elbayar

    MB Real Estate Brokers

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3226

Santa Barbara Multiple Listing Service

APN: 075-202-020

California Santa Barbara County Goleta 93117

6637 Del Playa Dr, Goleta, CA

Not Listed for Sale

MultiFamily

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