NOT LISTED FOR SALE

6753 Sabado Tarde Rd Goleta, CA 93117

Estimated Value: $1,625,000 - $1,927,000

5 Beds
3 Baths
1,900 Sq Ft
$947/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $987,500 $520 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,221/month

5 Days on Market

Highlights

  • Property is near an ocean
  • Property is near schools
  • 1-Story Property
  • Isla Vista Elementary School Rated A
  • Garage
  • 1-minute walk to Rottapel Park

About This Home

As of June 2017

This Isla Vista duplex features a central location on Sabado Tarde Road just one block from the ocean and about four blocks from UCSB.
The front unit is an 825 SF 2BD/1BA unit and the rear unit is an 873 SF 2BD/2BA. Both units are rented through the middle of June 2018 and
collectively bring in $5,650 per month. With the low interest rate environment, strong rental demand, and increasing enrollment at UCSB, owning in Isla Vista is a sound long term investment. Also for sale is 6749 Trigo Rd for $1M.

Last Agent to Sell the Property

Christos Celmayster

Hayes Commercial Group License #01342996 Listed on: 05/19/2017

Co-Listed By

Francois DeJohn

Hayes Commercial Group License #01144570

Last Buyer's Agent

Christos Celmayster

Hayes Commercial Group License #01342996 Listed on: 05/19/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,483

Year Built

  • Built in 1964

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Parking

  • Garage
  • On-Street Parking

Schools

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

Utilities

  • Shared Gas Meter
  • Individual Gas Meter

Additional Features

  • 1-Story Property
  • Property is near an ocean
  • Property is near schools

Community Details

  • 2 Units
  • Gross Income $67,800

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 075-191-034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,483

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Income Expenses Annual Income: 67800.0
  • Gross Rent Multiplier: 15.49
  • Monthly Income: 5650.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Building Stories: 1
  • Co List Office Mls Id: bhc
  • Co List Office Phone: 805-563-2111
  • Subdivision Name: Other
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1964
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Property Information Apx Lot SqFt: 4792.0
  • Condition Good2: Yes
  • General Property Information Stories2: 1.0
  • Parking Info Garages: Yes
  • Income Expenses Actual: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.11
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garages, Street

Schools

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

Lot Info

  • Parcel #: 075-191-034
  • Zoning: Other
  • Lot Size Sq Ft: 4792.0

Rental Info

  • Owner Pays: Other, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 67800.0
  • Total Actual Rent: 5650.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 22, 2017
Sold by
Aeternus Investments Llc
Bought by
Wood Ian and Wood Sandra
Seller's Agent
Christos Celmayster
Hayes Commercial Group
Buyer's Agent
Christos Celmayster
Hayes Commercial Group
List Price
$1,050,000
Sold Price
$987,500
Premium/Discount to List
-$62,500
-5.95%
Total Days on Market
5
Current Estimated Value
$1,798,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$811,097
Avg. Annual Appreciation
7.85%
Original Mortgage
$543,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2013
Closed on
Aug 2, 2013
Sold by
Rubin Elissa B and Frolenko Gary
Bought by
Aeternus Investments Llc
Seller's Agent
Brian Bailey
Central Coast Investments
Buyer's Agent
David Mase
Dignified Transition Solutions, Inc.
List Price
$810,000
Sold Price
$780,000
Premium/Discount to List
-$30,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Rubin Elissa B and Frolenko Gary
Bought by
Rubin Elissa B and Frolenko Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Rubin Elissa B and Frolenko Gary
Bought by
Rubin Elissa B and Frolenko Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2002
Sold by
Rubin Elissa B and Frolenko Gary
Bought by
Rubin Elissa B and Frolenico Gary

Purchase Details

Closed on
May 16, 2000
Sold by
St George Edward
Bought by
Rubin Elissa B and Frolenko Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,850
Interest Rate
8%

Purchase Details

Closed on
Mar 11, 1998
Sold by
Meldahl Camilla
Bought by
Stgeorge Edward

Purchase Details

Closed on
Jul 11, 1996
Sold by
King Linda C
Bought by
Meldahl Camilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.03%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Wood Ian $987,500 First American Title Company
Aeternus Investments Llc $780,000 First American Title Company
Rubin Elissa B -- Chicago Title Company
Rubin Elissa B -- Chicago Title Company
Rubin Elissa B -- Chicago Title Co
Rubin Elissa B -- Chicago Title Co
Rubin Elissa B -- --
Rubin Elissa B $395,500 First American Title
Stgeorge Edward -- --
Meldahl Camilla $247,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Tan $530,000
Closed Wood Ian $543,000
Previous Owner Rubin Elissa B $328,000
Previous Owner Rubin Elissa B $352,500
Previous Owner Rubin Elissa B $276,850
Previous Owner Meldahl Camilla $100,000
Closed Meldahl Camilla $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $987,500 -6.0% $520 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $1,050,000 +34.6% $553 / Sq Ft
08/07/2013 08/07/13 Sold $780,000 -3.7% $411 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $810,000 -- $426 / 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 $13,483 $1,101,572 $557,759 $543,813
2022 $12,783 $1,079,973 $546,823 $533,150
2021 $12,561 $1,058,798 $536,101 $522,697
2020 $12,243 $1,047,942 $530,604 $517,338
2019 $12,028 $1,027,395 $520,200 $507,195
2018 $11,810 $1,007,250 $510,000 $497,250
2017 $9,871 $823,869 $528,122 $295,747
2016 $9,551 $807,716 $517,767 $289,949
2015 $9,331 $795,584 $509,990 $285,594
2014 -- $780,000 $500,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1670

Santa Barbara Multiple Listing Service

APN: 075-191-034