NOT LISTED FOR SALE

70 Tecolote Ave Goleta, CA 93117

Estimated Value: $997,000 - $1,967,000

3 Beds
3 Baths
564 Sq Ft
$2,424/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $1,175,000 $2,083 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,786/month

114 Days on Market

About This Home

As of February 2019

Tucked into the up and coming Old Town Goleta neighborhood, five structures on two parcels comprising a total of 6 rented units produce nearly $9k in gross monthly income, believed to be below market. The parcels (APNs 071-033-018, 071-033-017) must be sold together. Buyer to verify all representations. Please refer to documents. All offers are subject to inspection.

Last Agent to Sell the Property

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429 Listed on: 10/23/2018

Co-Listed By

Brooke Williams

Keller Williams Realty Santa Barbara License #01971022

Last Buyer's Agent

Mitch Stark

RE/MAX Santa Barbara

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,098

Schools

  • Gol Valley Middle School
  • Dos Pueblos High School

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 071-033-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1929
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Property Information Year Built2: 1929
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

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

Lot Info

  • Parcel #: 071-033-018
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Dec 20, 2018
Sold by
Mid State Partners
Bought by
Perera Laxman and Mlyata Kelko
Seller's Agent
The Epstein Partners
Keller Williams Realty Santa Barbara
Buyer's Agent
Mitch Stark
RE/MAX Santa Barbara
List Price
$1,595,000
Sold Price
$1,175,000
Premium/Discount to List
-$420,000
-26.33%
Current Estimated Value
$1,367,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,321
Avg. Annual Appreciation
2.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Perera Laxman $1,175,000 First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $1,175,000 -26.3% $2,083 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $1,595,000 -- $2,828 / 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 $7,637 $570,583 $390,429 $180,154
2023 $7,637 $548,428 $375,269 $173,159
2022 $7,359 $537,675 $367,911 $169,764
2021 $7,260 $527,134 $360,698 $166,436
2020 $7,107 $521,730 $357,000 $164,730
2019 $3,552 $179,939 $94,705 $85,234
2018 $3,455 $176,412 $92,849 $83,563
2017 $3,381 $172,954 $91,029 $81,925
2016 $3,167 $169,564 $89,245 $80,319
2014 $3,194 $163,748 $86,184 $77,564
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    The Epstein Partners

    Keller Williams Realty Santa Barbara

  • B

    Seller Co-Listing Agent in 2019

    Brooke Williams

    Keller Williams Realty Santa Barbara

    Section Image

  • M

    Buyer's Agent in 2019

    Mitch Stark

    RE/MAX Santa Barbara

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2621

Santa Barbara Multiple Listing Service

APN: 071-033-018

California Santa Barbara County Goleta 93117

70 Tecolote Ave, Goleta, CA

Not Listed for Sale

MultiFamily

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