NOT LISTED FOR SALE

Estimated Value: $1,142,000 - $2,024,000

3 Beds
2 Baths
1,238 Sq Ft
$1,206/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $550,000 $444 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $8,226/month

16 Days on Market

Highlights

  • Craftsman Architecture
  • Mountain View
  • No HOA
  • Franklin Elementary School Rated A-
  • Property is near public transit, shops, and bus stop
  • Laundry Room

About This Home

As of February 2017

SHORT SALE.

SUBJECT TO LENDER APPROVAL

FIRST OPEN HOUSE SCHEDULED FOR FRIDAY, June 3rd between 2-3pm

Last Agent to Sell the Property

Marcos Lazaro

Village Properties Listed on: 05/30/2016

Last Buyer's Agent

Marcos Lazaro

Century 21 Masters

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 5,227

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Laminate Flooring
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Property is in below average condition
  • Property is near public transit, shops, and bus stop
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Santa Barbara Community

Listing and Financial Details

  • Assessor Parcel Number 031-123-014

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Association Fee: NA
  • Directions: 101 North R Ortega L Spring St Property will be on right side
  • Prop. Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Architectural Style: Craftsman
  • Reso Flooring: Laminate
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Poor
  • Property Information Year Built2: 1924
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Location Info Development Name: Santa Barbara
  • FlrWdw Coverings Laminate2: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Condition Poor: Yes
  • Style Craftsman2: Yes
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Raised

Utilities

  • Water Source: SB Wtr

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Parcel #: 031-123-014
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Arakelian Ohan John
Bought by
Ohan Arakelian Trust
Current Estimated Value
$1,493,419

Purchase Details

Closed on
Feb 5, 2021
Sold by
Arakelian Houri Jane
Bought by
Arakelian Ohan John

Purchase Details

Closed on
Jan 6, 2016
Sold by
Ortiz Carmen
Bought by
Arakelian Ohan John and Arakelian Houri Jane

Purchase Details

Closed on
Mar 29, 2005
Sold by
Cruz Carlos
Bought by
Ortiz Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 30, 2004
Sold by
Cruz Javier S
Bought by
Cruz Carlos

Purchase Details

Closed on
Jun 25, 2004
Sold by
Cruz Carlos
Bought by
Cruz Javier S

Purchase Details

Closed on
Sep 29, 1993
Sold by
Home Svgs Of America
Bought by
Ortiz Carmen and Cruz Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ohan Arakelian Trust -- --
Arakelian Ohan John -- Accommodation
Arakelian Ohan John $550,000 Wfg National Title Ins Co
Ortiz Carmen $387,500 Fidelity National Title Co
Cruz Carlos -- --
Cruz Javier S -- --
Ortiz Carmen $115,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Carmen $500,000
Previous Owner Ortiz Carmen $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $550,000 -21.3% $444 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/30/2016 05/30/16 For Sale $699,000 -- $565 / 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 $6,659 $638,315 $406,201 $232,114
2023 $6,659 $613,530 $390,429 $223,101
2022 $6,425 $601,501 $382,774 $218,727
2021 $6,277 $589,708 $375,269 $214,439
2020 $6,212 $583,663 $371,422 $212,241
2019 $6,104 $572,220 $364,140 $208,080
2018 $6,017 $561,000 $357,000 $204,000
2017 $5,745 $550,000 $350,000 $200,000
2016 $6,085 $579,284 $358,976 $220,308
2014 $5,918 $559,407 $346,658 $212,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1811

Santa Barbara Multiple Listing Service

APN: 031-123-014

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