NOT LISTED FOR SALE

6740 Pasado Rd Goleta, CA 93117

Estimated Value: $1,238,000 - $1,496,690

3 Beds
3 Baths
884 Sq Ft
$1,609/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $900,000 $1,018 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,382/month

52 Days on Market

Highlights

  • Porch
  • Bungalow
  • West Facing Home
  • Isla Vista Elementary School Rated A
  • 1-Story Property
  • 3-minute walk to Rottapel Park

About This Home

As of September 2020

Very rare multi-family property in the charming Isla Vista beach community in the City of Goleta in the County of Santa Barbara. Built in 1928, this California Bungalow sports a lot of its original charm with a rustic front porch and festive yellow & red arts and crafts hues. The Main House (Unit A) features 3 bedrooms and 2 baths has a large front yard, has good natural light with tile & wood floors with good storage space throughout. Very comfortable floor plan. Unit B is a studio with tile and wood floors, full kitchen and bath. This is one of the more unique and artistic rentals in the neighborhood that really captures the essence of the early California beach communities. Close to UCSB, Downtown Santa Barbara. Nearby coffee shops, restaurants and organic grocery stores. Property is leased through June of 2021. This is a great investment opportunity.

Last Agent to Sell the Property

Brian Ades

Sotheby's International Realty License #01347985 Listed on: 06/19/2020

Sotheby's International Realty

Last Buyer's Agent

Non Subscriber

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 65x100
  • West Facing Home
  • Property is zoned SR-M-18

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Property is located within a water district
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 075-092-015

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 884
  • Lot Acreage: 0.1500
  • Lot Dimensions: 65x100
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1130.09

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Patio: Porch
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Sewer: In Connected and Paid, In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 21.68
  • Assessed Improvement Value: 192410
  • Assessed Land Percent: 78.32
  • Assessed Land Value: 695135
  • Total Assessed Value: 887545
  • Assessor Parcel Number: 075-092-015
  • Geocode Override: No
  • Lot Size Area: 6534

Rental Info

  • Total Actual Rent: 74100.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.48
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Sep 11, 2020
Sold by
Alcasid Edna
Bought by
Reese Justin and Reese Tanja Melanie
Seller's Agent
Brian Ades
Sotheby's International Realty
Buyer's Agent
Non Subscriber
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%
Current Estimated Value
$1,422,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,423
Avg. Annual Appreciation
9.09%
Original Mortgage
$675,000
Outstanding Balance
$609,230
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$813,193

Purchase Details

Closed on
Jun 16, 2015
Sold by
6740 Pasado Road Property Llc
Bought by
Alcasid Edna

Purchase Details

Closed on
Apr 13, 2011
Sold by
Alcasid Edna
Bought by
6740 Pasado Road Property Llc

Purchase Details

Closed on
Oct 2, 2009
Sold by
St George Edward
Bought by
Alcasid Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
St George Edward
Bought by
St George Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2005
Sold by
Stgeorge Edward
Bought by
Stgeorge Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Oreilly Thomas Joseph
Bought by
Stgeorge Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Reese Justin $900,000 Equity Title
Alcasid Edna -- Title365 Company
6740 Pasado Road Property Llc -- First American Title Company
Alcasid Edna $798,000 First American Title Company
St George Edward -- First American Title Company
St George Edward -- First American Title Company
St George Edward -- First American Title Company
Stgeorge Edward -- First American Title Company
Stgeorge Edward -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Justin $675,000
Previous Owner Alcasid Edna $598,500
Previous Owner St George Edward $520,000
Previous Owner Stgeorge Edward $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $900,000 -9.9% $1,018 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $999,000 -- $1,130 / Sq Ft
Source: The MLS

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 $11,146 $974,187 $595,337 $378,850
2023 $11,146 $936,360 $572,220 $364,140
2022 $10,648 $918,000 $561,000 $357,000
2021 $10,461 $900,000 $550,000 $350,000
2020 $10,722 $941,867 $737,681 $204,186
2019 $10,529 $923,400 $723,217 $200,183
2018 $10,334 $905,295 $709,037 $196,258
2017 $10,144 $887,545 $695,135 $192,410
2016 $9,771 $870,143 $681,505 $188,638
2014 -- $758,000 $594,000 $164,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Ades

    Seller's Agent in 2020

    Brian Ades

    Sotheby's International Realty

    (310) 503-8080

    33 Total Sales

    Brian Ades
    Section Image

  • N

    Buyer's Agent in 2020

    Non Subscriber

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Map

Source: The MLS

MLS Number: 20-593430

The MLS

APN: 075-092-015

California Santa Barbara County Goleta 93117

6740 Pasado Rd, Goleta, CA

Not Listed for Sale

Detached

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