NOT LISTED FOR SALE

Estimated Value: $1,605,433 - $1,768,000

4 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold January 03, 2017

Last sale price $925,000

Est. 79% increase in value since last sale

Current estimated payment $9,643/month

151 Days on Market

Highlights

  • Property is near an ocean
  • 0.2 Acre Lot
  • Wood Flooring
  • San Marcos Senior High School Rated A-
  • Property is near park, public transit, shops, and bus stop
  • 1-minute walk to Bath Street Pocket Park

About This Home

As of January 2017

Motivated seller, motivated seller

R4 lot is high density area, great location for development
Selling in as is condition
Buyer to confirm high density development and assume existing conditions on the 2 units

Last Agent to Sell the Property

Peter Leyva

Wilshire Group License #01831808 Listed on: 09/22/2016

Last Buyer's Agent

Terence Alemann

Alemann and Associates License #01925020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,588 Sq Ft Lot
  • Property is in average condition

Parking

  • 6 Car Garage

Home Design

  • Raised Foundation

Flooring

  • Wood
  • Vinyl Plank

Schools

  • Mckinley Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Property is near an ocean
  • Property is near park, public transit, shops, and bus stop
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 037-073-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

8,588 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1962
  • Meters Sep Meter Elec: N
  • Miscellaneous Parking Spaces: 6.0
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Hardwood, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1962
  • Property Information Apx # Acres: 0.2
  • NeighborhoodSchools Elementary School: McKinley
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 8587.78
  • Proximity Near Bus: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Property Information Apx Lot Size FxD: 8,587.78
  • Parking Info Garages: Yes
  • Condition Average2: Yes
  • Foundation Raised2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.2
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Garages, Mixed
  • Total Parking Spaces: 6.0

Schools

  • Elementary School: McKinley
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 037-073-010
  • Zoning: R-4
  • Lot Size Sq Ft: 8587.78
  • ResoLotSizeUnits: Apx Lot Size FxD

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2017
Sold by
Chase David and Chase Paige
Bought by
711 Bath Street Llc
Current Estimated Value
$1,659,608

Purchase Details

Listed on
Sep 22, 2016
Closed on
Dec 6, 2016
Sold by
Alamar Iii Llc
Bought by
Chase David and Chase Paige
Seller's Agent
Peter Leyva
Wilshire Group
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$1,150,000
Sold Price
$925,000
Premium/Discount to List
-$225,000
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$693,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jul 22, 2015
Sold by
Alamar Ii Llc
Bought by
Alamar Iii Llc
Seller's Agent
Vicente Arzate
eXp Realty of California Inc
Buyer's Agent
Non Member
List Price
$825,000
Sold Price
$665,999
Premium/Discount to List
-$159,001
-19.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.79%
Original Mortgage
$9,116,250
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2015
Closed on
Apr 10, 2015
Sold by
Huerta Carmen
Bought by
Alamar Ii Llc
Seller's Agent
Vicente Arzate
eXp Realty of California Inc
Buyer's Agent
Non Member
List Price
$825,000
Sold Price
$665,999
Premium/Discount to List
-$159,001
-19.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2004
Sold by
Huerta Dolores
Bought by
Huerta Carmen
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
711 Bath Street Llc $850,000 None Available
Chase David $925,000 Fidelity National Title Co
Alamar Iii Llc -- Fidelity National Title Co
Alamar Ii Llc $666,000 Fidelity National Title Co
Huerta Carmen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chase David $693,750
Previous Owner Alamar Iii Llc $9,116,250
Previous Owner Alamar Ii Llc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2017 01/03/17 Sold $925,000 -19.6% --
10/07/2016 10/07/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $1,150,000 +72.7% --
05/29/2015 05/29/15 Sold $665,999 -19.3% $324 / Sq Ft View Prior Sale
04/17/2015 04/17/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $825,000 -- $401 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $10,953 $1,052,488 $682,696 $369,792
2023 $10,953 $1,011,621 $656,187 $355,434
2022 $10,570 $991,786 $643,321 $348,465
2021 $10,326 $972,340 $630,707 $341,633
2020 $10,220 $962,370 $624,240 $338,130
2019 $10,042 $943,500 $612,000 $331,500
2018 $9,900 $925,000 $600,000 $325,000
2017 $9,764 $925,000 $600,000 $325,000
2016 $7,168 $676,155 $406,100 $270,055
2014 -- $77,957 $41,977 $35,980
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1541

Santa Barbara Multiple Listing Service

APN: 037-073-010

Your Personal Tour Guide

Ask me questions while you tour the home.