NOT LISTED FOR SALE

Estimated Value: $1,552,000 - $1,738,000

4 Beds
4 Baths
1,511 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $1,435,000 $950 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,888/month

21 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Forced Air Heating System
  • Property is in excellent condition
  • La Colina Junior High School Rated A
  • Garage

About This Home

As of March 2023

Peaceful creekside views from this 3/2 plus a legal 600+ sqft 1bd/1ba rental addition brings $1800/mo. Market rent is closer to $2200-$2400. The main house has not been rented and should bring $5500/mo. Turnkey Santa Barbara home located centrally between SB and Goleta with a bike score of 92/100! Fantastic yard, comfortable interior spaces, easy access to Goleta Beach, Goleta Cottage Hospital, and UCSB.

Last Agent to Sell the Property

Chris Jones

Berkshire Hathaway HomeServices California Properties License #01383462 Listed on: 02/03/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Summer Knight

Sun Coast Real Estate License #01377264

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • 1,511 Sq Ft Home
  • Slab Foundation

Laundry

  • Laundry in unit

Parking

  • Garage
  • On-Street Parking
  • Uncovered Parking

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital

Schools

  • El Camino Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 065-061-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1958
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1958
  • Property Information Apx # Acres: 0.22
  • NeighborhoodSchools Elementary School: El Camino
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Property Information Main House SqFt: 1511.0
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.22
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garages, Uncovered, Street

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

  • Elementary School: El Camino
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 065-061-004
  • Zoning: R-1
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 3, 2023
Sold by
Chen Gang
Bought by
Chen Tracy Cai
Seller's Agent
Chris Jones
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Summer Knight
Sun Coast Real Estate
List Price
$1,575,000
Sold Price
$1,435,000
Premium/Discount to List
-$140,000
-8.89%
Views
116
Current Estimated Value
$1,634,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,430
Avg. Annual Appreciation
4.72%

Purchase Details

Listed on
Feb 3, 2023
Closed on
Feb 28, 2023
Sold by
Sam S Alfano And Lee C Alfano Trust
Bought by
Chen Tracy Cai
Seller's Agent
Chris Jones
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Summer Knight
Sun Coast Real Estate
List Price
$1,575,000
Sold Price
$1,435,000
Premium/Discount to List
-$140,000
-8.89%
Views
116
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
Chen Tracy Cai -- Chicago Title
Chen Tracy Cai $1,435,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2023 03/10/23 Sold $1,435,000 0.0% $950 / Sq Ft
03/10/2023 03/10/23 Sold $1,435,000 -4.0% $950 / Sq Ft View Prior Sale
02/23/2023 02/23/23 Pending -- -- --
02/23/2023 02/23/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $1,495,000 0.0% $989 / Sq Ft
02/21/2023 02/21/23 Price Changed $1,495,000 -5.1% $989 / Sq Ft
02/02/2023 02/02/23 For Sale $1,575,000 0.0% $1,042 / Sq Ft
01/09/2023 01/09/23 For Sale $1,575,000 -- $1,042 / 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 $15,900 $1,492,974 $832,320 $660,654
2023 $15,900 $1,495,000 $800,000 $695,000
2022 $2,183 $154,606 $27,025 $127,581
2021 $2,151 $151,576 $26,496 $125,080
2020 $2,108 $150,023 $26,225 $123,798
2019 $2,077 $147,082 $25,711 $121,371
2018 $2,026 $144,199 $25,207 $118,992
2017 $1,985 $141,372 $24,713 $116,659
2016 $1,918 $138,601 $24,229 $114,372
2014 $1,903 $133,848 $23,399 $110,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-267

Santa Barbara Multiple Listing Service

APN: 065-061-004