NOT LISTED FOR SALE

6665 Pasado Rd Goleta, CA 93117

Estimated Value: $1,481,000 - $2,577,000

-- Bed
-- Bath
1,358 Sq Ft
$1,343/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $826,500 $609 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $10,412/month

30 Days on Market

Highlights

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

About This Home

As of August 2019

Isla Vista opportunity on a street-to-street double-sized parcel, in a great location near to downtown IV, beach access and campus access. The mid-century-style 1-story duplex with a 2-BR/1-BA and very large studio, features vaulted ceilings for potential added bed density, and is a preferred laid-back housing style for junior and senior-year UCSB students, especially on the 6600 block. As student enrollment increases and the supply of low-density 6600-block housing remains static, an investor will enjoy the long-term benefits of owning this popular housing type. Also consider speculative long-term upside of the double-sized lot for future possible up-zoning by local or state ordinances (see Documents for example of one proposal), or monetize the large yard areas today.

Last Agent to Sell the Property

Ken Switzer

Berkshire Hathaway HomeServices California Properties License #01245644 Listed on: 04/22/2019

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Dale Sundell

Berkshire Hathaway HomeServices California Properties License #00693532

Last Buyer's Agent

Roland Lewin

Coastal Properties License #01244634

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in average condition

Parking

  • Open Parking

Home Design

  • 1,358 Sq Ft Home
  • Raised Foundation

Schools

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

Utilities

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

Additional Features

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

Community Details

  • 2 Units
  • Gross Income $56,400

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 075-151-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1958
  • Income Expenses Annual Income: 56400.0
  • Gross Rent Multiplier: 16.84
  • Monthly Income: 4700.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • New Construction: No
  • Reso Property Condition: Average, Fair
  • Property Information Year Built2: 1958
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Property Information Main House SqFt: 1358.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 7405.0
  • Proximity Near Bus: Yes
  • Condition Fair2: Yes
  • Condition Average2: Yes
  • Foundation Raised2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.17
  • Foundation Details: Raised

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Uncovered, Unc #4

Schools

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

Lot Info

  • Parcel #: 075-151-009
  • Zoning: Other
  • Lot Size Sq Ft: 7405.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 56400.0
  • Total Actual Rent: 4700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 30, 2019
Sold by
Scott Douglas Alan
Bought by
Nunnally James W and Nunnally Jennifer
Seller's Agent
Ken Switzer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Roland Lewin
Coastal Properties
List Price
$950,000
Sold Price
$826,500
Premium/Discount to List
-$123,500
-13%
Current Estimated Value
$1,823,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$997,399
Avg. Annual Appreciation
13.14%
Original Mortgage
$619,875
Outstanding Balance
$544,008
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,279,891

Purchase Details

Closed on
Aug 30, 2018
Sold by
Scott Douglas Alan
Bought by
Scott Douglas Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2000
Sold by
Scott Candace C
Bought by
Scott Douglas Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Nunnally James W $826,500 Fidelity National Title Co
Scott Douglas Alan -- Fidelity National Title Co
Scott Douglas Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunnally James W $619,875
Previous Owner Scott Douglas Alan $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $826,500 -13.0% $609 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $950,000 -- $700 / 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 $10,273 $903,892 $519,479 $384,413
2023 $10,273 $868,795 $499,308 $369,487
2022 $9,806 $851,761 $489,518 $362,243
2021 $9,635 $835,061 $479,920 $355,141
2020 $9,386 $826,500 $475,000 $351,500
2019 $1,529 $71,052 $21,371 $49,681
2018 $1,507 $69,659 $20,952 $48,707
2017 $1,464 $68,294 $20,542 $47,752
2016 $1,370 $66,956 $20,140 $46,816
2014 $1,358 $64,660 $19,450 $45,210
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Ken Switzer

    Berkshire Hathaway HomeServices California Properties

    (805) 680-4622

    10 in this area

    105 Total Sales

    Ken Switzer
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Dale Sundell

    Berkshire Hathaway HomeServices California Properties

  • R

    Buyer's Agent in 2019

    Roland Lewin

    Coastal Properties

    (805) 729-8134

    7 Total Sales

    Roland Lewin
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1370

Santa Barbara Multiple Listing Service

APN: 075-151-009

California Santa Barbara County Goleta 93117

6665 Pasado Rd, Goleta, CA

Not Listed for Sale

MultiFamily

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