NOT LISTED FOR SALE
12 Beds
6 Baths
5,496 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: September 13, 2019

Last sale price $828,000 $151 Per Sq Ft

8 Days on Market

Highlights

  • 0.32 Acre Lot
  • Wood Flooring
  • Property is near shops
  • Cabrillo High School Rated A-
  • Laundry Room
  • 5 Car Garage

About This Home

As of September 2019

Great investment opportunity to own an apartment complex. This property has both a single family home and a 4 unit apartment building all on the same lot. The home is a 3 bed/2 bath with a private yard. The apartment building has 3 2 bed/1 bath units and 1 3 bed/1 bath unit. There are 5 onsite covered spaces, 2 storage units, common laundry room and a lot of common area space. Many of the tenants are long term with below market rents with upside potential.

Last Agent to Sell the Property

Michael O'Flynn

Center Point Development Group Inc. License #01894170 Listed on: 07/18/2019

Last Buyer's Agent

Donna De Libro

Keller Williams Realty Santa Barbara License #01099335

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 13,939 Sq Ft Lot
  • Back Yard Fenced
  • Partial Sprinkler System
  • Property is in average condition

Home Design

  • 5,496 Sq Ft Home
  • Slab Foundation

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 5 Car Garage
  • Carport

Utilities

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

Additional Features

  • Dishwasher
  • Laundry Room
  • Property is near shops

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 087-092-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1977
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 5.0
  • ResoLaundryFeatures: Laundry Room
  • Reso Flooring: Vinyl, Carpet, Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1977
  • Property Information Apx # Acres: 0.32
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Foundation:Slab: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 5496.0
  • Proximity Near Shopping2: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Parking Info Garages: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Fncd Back: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Yd Spkl Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.32
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garages, Carport
  • Total Parking Spaces: 5.0

Schools

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

Lot Info

  • Parcel #: 087-092-020
  • Zoning: R-3
  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 3, 2019
Sold by
Bought by
Seller's Agent
Michael O'Flynn
Center Point Development Group Inc.
Buyer's Agent
Donna De Libro
Keller Williams Realty Santa Barbara
List Price
$850,000
Sold Price
$828,000
Premium/Discount to List
-$22,000
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
0.037%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 5, 2012
Closed on
Dec 12, 2012
Sold by
Bought by
Seller's Agent
Daniel McGregor
Radius Group Commercial R.E.
Buyer's Agent
Daniel McGregor
Radius Group Commercial R.E.
List Price
$495,000
Sold Price
$437,500
Premium/Discount to List
-$57,500
-11.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2005
Sold by
Bought by

Purchase Details

Closed on
May 1, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
0.0571%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
0.0571%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$828,045 Fidelity National Title Co
$437,500 First American Title
$400,500 Lawyers Title Company
-- First American Title Company
-- First American Title Company
-- --
-- Stewart Title Of Ca Inc
-- Stewart Title Of Ca Inc
-- Stewart Title Of Ca Inc
$635,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Closed $300,000
Open $621,000
Previous Owner $328,000
Previous Owner $444,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2019 09/13/19 Sold $828,000 -2.6% $151 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $850,000 +94.3% $155 / Sq Ft
12/17/2012 12/17/12 Sold $437,500 -11.6% $80 / Sq Ft View Prior Sale
12/05/2012 12/05/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $495,000 -- $90 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,419 $923,643 $223,100 $700,543
2025 $9,856 $905,533 $218,726 $686,807
2023 $9,856 $870,373 $210,234 $660,139
2022 $9,688 $853,308 $206,112 $647,196
2021 $9,797 $836,577 $202,071 $634,506
2020 $9,692 $828,000 $200,000 $628,000
2019 $5,706 $482,953 $187,661 $295,292
2018 $5,618 $473,484 $183,982 $289,502
2017 $5,516 $464,201 $180,375 $283,826
2016 $5,417 $455,100 $176,839 $278,261
2014 $5,302 $439,485 $170,771 $268,714
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2500

Santa Barbara Multiple Listing Service
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