$1,385,000
SOLD NOV 17, 2020

6697 Del Playa Dr Goleta, CA 93117

-- Bed
-- Bath
1,656 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$836 Per Sq Ft

7% Below List Price

18 Days on Market

Highlights

  • Property is near an ocean
  • Isla Vista Elementary School Rated A
  • 1-minute walk to Window to the Sea Park

About This Home

As of September 2023

6697 Del Playa is a fantastic student housing property set near UCSB in the town of Isla Vista. This property has an amazing setting, located directly next to one of the only ocean stairways on the block, and is just before the 6700 block, and popular surfing beaches such as Devereux point and sands. Location wise, this property is at the end of the heavily trafficked 6600 block, making it a more relaxed location for students, though still very close to campus and nearby amenities. The property itself consists of a 3 bedroom, 2.5 bathroom unit, has prime ocean views, and a front yard providing ample space for tenants, as well as a driveway with parking. There is also a carpeted garage that can be used as a bonus bedroom or a den. Tenants pay their own utilities and there is upside in the rents. The building is set back quite a distance from the bluff.

Last Agent to Sell the Property

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 08/27/2020

Radius Group Commercial R.E.

Last Buyer's Agent

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 08/27/2020

Radius Group Commercial R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,720

Year Built

  • Built in 1975

Outdoor Features

  • Property is near an ocean

Listing and Financial Details

  • Assessor Parcel Number 075-202-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,720

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1975
  • Property Information Year Built2: 1975
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Proximity Near Ocean2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

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

Lot Info

  • Parcel #: 075-202-001
  • Zoning: R-1

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Aug 9, 2023
Sold by
Windward Real Estate Holdings Llc
Bought by
Del Playa 5 Llc
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Ann Rasmussen
Bell Tower Realtors
List Price
$2,975,000
Sold Price
$2,650,000
Premium/Discount to List
-$325,000
-10.92%
Views
319
Current Estimated Value
$2,560,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,255
Avg. Annual Appreciation
-0.66%

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 10, 2020
Sold by
Jones Donald G and Jones Stephaniel
Bought by
Windward Real Estate Holdings Llc
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Steve Golis
Radius Group Commercial R.E.
List Price
$1,495,000
Sold Price
$1,385,000
Premium/Discount to List
-$110,000
-7.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.18%
Original Mortgage
$950,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $2,650,000 First American Title
Grant Deed $1,385,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $950,000 Purchase Money Mortgage
Previous Owner $633,750 Unknown
Previous Owner $264,000 Unknown
Previous Owner $263,700 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $2,650,000 -4.5% $1,257 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $2,775,000 -6.7% $1,316 / Sq Ft
03/15/2023 03/15/23 For Sale $2,975,000 +114.8% $1,411 / Sq Ft
11/17/2020 11/17/20 Sold $1,385,000 -7.4% $836 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $1,495,000 -- $903 / 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
2023 $28,720 $1,540,954 $832,320 $708,634
2022 $15,681 $1,412,700 $816,000 $596,700
2021 $15,412 $1,385,000 $800,000 $585,000
2020 $6,873 $588,311 $258,845 $329,466
2019 $6,751 $576,796 $253,770 $323,026
2018 $6,628 $565,507 $248,795 $316,712
2017 $6,500 $554,439 $243,917 $310,522
2016 $6,304 $543,588 $239,135 $304,453
2014 $6,114 $524,971 $230,930 $294,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3376

Santa Barbara Multiple Listing Service

APN: 075-202-001