NOT LISTED FOR SALE

7142 Phelps Rd Goleta, CA 93117

Estimated Value: $718,429 - $1,000,000

2 Beds
1 Bath
951 Sq Ft
$385/mo HOA Fee

Last Sold February 22, 2012

Last sale price $258,000 $271 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $5,166/month

36 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Mediterranean Architecture
  • Ellwood Elementary School Rated A-
  • Property is near park, public transit, shops, and bus stop
  • 3-minute walk to Girsh Park

About This Home

As of February 2012

Highly desired Pacific Palms 2 bd, 1 ba condo.Features an open floor plan & lots of light throughout.Upstairs unit with 2 spacious balconies.HOA features a pool, hot tub & entertaining area. Just a stroll to the beach, butterfly preserve,Girsh Park, UCSB & Camino Real Marketplace.Buyer to qualify w/Santa Barbara Department of Housing & Community Development.

Last Agent to Sell the Property

Alisa Pepper

Berkshire Hathaway HomeServices California Properties License #01347807 Listed on: 12/13/2011

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Bill Urbany

Berkshire Hathaway HomeServices California Properties License #00717028

Last Buyer's Agent

Bob Curtis

Village Properties - 1 License #00938841

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 871

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 951 Sq Ft Home
  • Dining Area
  • Property Views

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near park, public transit, shops, and bus stop
  • City Lot

Schools

  • Ellwood Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Additional Features

  • Property is in average condition
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 073-420-023

Community Details

Overview

  • 110 Buildings
  • 110 Units
  • Pacific Palms Community
  • 30 University Village Subdivision

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Association Fee: 385
  • Prop. Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Amenities: Spa/Hot Tub, Pool
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • Subdivision Name: 30 - University Village
  • Architectural Style: Medit
  • Reso Flooring: Carpet, Vinyl
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1990
  • Property Information Total #Units: 110
  • NeighborhoodSchools Elementary School: Ellwood
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Dining Dining Area2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Pacific Palms
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • AssocPark Amenities Pool4: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • AssocPark Amenities SpaHot Tub: Yes
  • Condition Average2: Yes
  • ParkingGarage Unc #22: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Deck
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Goleta Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Ellwood
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 073-420-023
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2011
Closed on
Feb 15, 2012
Sold by
Berndt Tamara
Bought by
Sharp Robby Royce
Seller's Agent
Alisa Pepper
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bob Curtis
Village Properties - 1
List Price
$258,010
Sold Price
$258,000
Premium/Discount to List
-$10
-0.004%
Current Estimated Value
$851,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,857
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Gritt John G and Gritt Heidi I
Bought by
Berndt Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1997
Sold by
Costigan Jean R and Fogel Jean R
Bought by
Gritt John G and Gritt Heidi I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage
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
Sharp Robby Royce $258,000 Chicago Title Company
Berndt Tamara $180,000 First American Title
Gritt John G $149,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berndt Tamara $162,000
Previous Owner Gritt John G $137,000
Closed Sharp Robby Royce $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2012 02/22/12 Sold $258,000 0.0% $271 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $258,010 -- $271 / 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 $3,820 $324,051 $169,562 $154,489
2023 $3,820 $311,470 $162,979 $148,491
2022 $3,578 $305,364 $159,784 $145,580
2021 $3,520 $299,377 $156,651 $142,726
2020 $3,432 $296,308 $155,045 $141,263
2019 $3,373 $290,499 $152,005 $138,494
2018 $3,313 $284,804 $149,025 $135,779
2017 $3,262 $279,220 $146,103 $133,117
2016 $3,198 $273,746 $143,239 $130,507
2015 $3,144 $269,635 $141,088 $128,547
2014 -- $264,354 $138,325 $126,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-4049

Santa Barbara Multiple Listing Service

APN: 073-420-023