NOT LISTED FOR SALE

707 N 1st St Lompoc, CA 93436

Estimated Value: $563,619 - $689,000

4 Beds
2 Baths
1,536 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2018

Last sale price $399,000 $260 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,822 / mo

229 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • Ceiling Fan
  • Double Pane Windows
  • 1-Story Property
  • Level Lot

About This Home

As of March 2018

Nice Upgraded Duplex in good demand area. These 2 bedroom, 1 full bath units have newly installed dual pane windows(9/16), secured with a newer roof(2/17) and surrounded by newer fencing(7/16). There is a detached 2 car garage with alley access. Nice large low maintenance front yard with private side patio in the front unit and larger back yard with garden and citrus trees, off the back unit. Simple floor plan with living area and kitchen, small hallway accessing 2 bedrooms and full bath. Rents total $2400 month. Separate water, gas & electric meters. Tenants pay trash. Investor, approx. 6% cap rate. Owner occupied buyer...offset your mortgage with rental income! Call your Realtor Today!

Last Agent to Sell the Property

Sean Lee

SLO COUNTY REAL ESTATE, INC License #01331919 Listed on: 06/22/2017

Last Buyer's Agent

Jose Salas

Central Coast Realty Group LV

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for electricity, gas, trash collection, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 087-111-010

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,780
  • Net Operating Income $24,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,970 Sq Ft Lot

Listing Details

  • FILLACRES: 0.16
  • ApproxYrBlt: 1951
  • Directions To Property: HWY1 South. Left on E.Pine Ave., Right on N. A St., Left on E.Airport Ave.,Left on N. 1st St.
  • Listing Member Name: SEAN M. LEE
  • Listing Office Short Id: LV01739749
  • List Office Board Code: Lompoc Valley
  • Lot Size Sq Ft: 6970.00
  • Major Area: 60 - Lompoc
  • Open House Office I D: 20170623211409643598000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 1000547
  • Selling Office Short Id: 3769
  • Tract Suffix: Street
  • OFFICELIST_ZIP4: 4725
  • Unit Levels: One
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Street Lights, Telephone
  • Income And Expenses Annual Operating Exp: 4780.00
  • Income And Expenses Cap Rate: 6.00
  • Landlord Pays: Insurance, Taxes
  • Special Features: None
  • Stories: 0
  • Year Built: 1951

Interior Features

  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: Dual Pn Windows
  • Laundry: In Each Unit

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Fenced Yard, Patio
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: 1 - 5

Utilities

  • Air Conditioner: Ceiling Fans
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Hot Water: Public
  • Separate Meters: Electric, Gas, Water

Lot Info

  • Lot Characteristics: Level
  • Zoning Description: Duplex/Triplex, Multi-Fam R2

Rental Info

  • Deposit: 5000.00
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Tax Info

  • Assessor Parcel Number: 087-111-010

Multi Family

  • Income And Expenses Net Operating Income: 24020.00
  • Annual Operating Expense: Insurance, PRP Tx/Assessment
  • Total Number Units: 2

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
Jun 22, 2017
Closed on
Feb 10, 2018
Sold by
Bought by
Seller's Agent
Sean Lee
SLO COUNTY REAL ESTATE, INC
Buyer's Agent
Jose Salas
Central Coast Realty Group LV
Sold Price
$399,000
Current Estimated Value
$631,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,405
Avg. Annual Appreciation
5.74%
Original Mortgage
$391,737
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 13, 2015
Closed on
Oct 19, 2015
Sold by
Bought by
Seller's Agent
Mark Martinez
Century 21 Masters
Buyer's Agent
Sean Lee
THE REAL ESTATE COMPANY
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.45%

Purchase Details

Closed on
Jun 4, 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
$256,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 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
$256,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 1999
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
$113,050
Interest Rate
7.24%
Mortgage Type
VA

Purchase Details

Closed on
Aug 21, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 1995
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
$114,695
Interest Rate
9.28%
Mortgage Type
Assumption

Purchase Details

Closed on
Jan 18, 1995
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
$114,695
Interest Rate
9.28%
Mortgage Type
Assumption
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

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
$399,000 Fidelity National Title Co
$250,000 First American Title Company
-- Fidelity National Title
$285,000 Fidelity National Title
-- --
-- First American Title
-- --
$119,000 Stewart Title
-- Stewart Title
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
Previous Owner $391,737
Previous Owner $256,500
Previous Owner $113,050
Previous Owner $114,695
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
03/30/2018 03/30/18 Sold $399,000 +53.5% $260 / Sq Ft
11/03/2015 11/03/15 Sold $260,000 -- $169 / Sq Ft View Prior Sale
Source: North Santa Barbara County Regional MLS

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
2025 $4,939 $453,988 $136,537 $317,451
2023 $4,939 $436,361 $131,236 $305,125
2022 $4,854 $427,806 $128,663 $299,143
2021 $4,909 $419,419 $126,141 $293,278
2020 $4,857 $415,119 $124,848 $290,271
2019 $4,778 $406,980 $122,400 $284,580
2018 $3,202 $270,504 $83,232 $187,272
2017 $3,144 $265,200 $81,600 $183,600
2016 $3,087 $260,000 $80,000 $180,000
2015 $2,484 $207,000 $93,000 $114,000
2014 $2,390 $198,000 $89,000 $109,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sean Lee

    SLO COUNTY REAL ESTATE, INC

    Section Image

  • J

    Buyer's Agent in 2018

    Jose Salas

    Central Coast Realty Group LV

  • M

    Seller's Agent in 2015

    Mark Martinez

    Century 21 Masters

See All Agents

Map

Source: North Santa Barbara County Regional MLS

MLS Number: 1700880

North Santa Barbara County Regional MLS

APN: 087-111-010

California Santa Barbara County Lompoc 93436

707 N 1st St, Lompoc, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Santa Barbara County Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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