NOT LISTED FOR SALE

7150 Phelps Rd Goleta, CA 93117

Estimated Value: $1,234,000 - $1,411,000

3 Beds
3 Baths
1,914 Sq Ft
$385/mo HOA Fee

Last Sold September 26, 2012

Last sale price $585,000 $306 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $8,055/month

9 Days on Market

Highlights

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

About This Home

As of September 2012

This lovely Pacific Palms condo was built in 1990 and designed by Lenvik & Minor Architects. This Pacifica model is the largest floor plan in the development and consist of 3BR and 3BA. The comfortable open floor plan has 1,881 sqft & features a living room with vaulted ceilings & wood burning fireplace, dining room, a family room or den and a kitchen with tile counters. Upstairs consist of three bedrooms and two baths. The master features a spacious bath with walk-in closet, tiled counters, double sink and separate shower & bath tub. Other features include vaulted ceilings, covered patio, attached two car garage with laundry hookups and a relaxing community swimming pool and spa.

Pacific Palms is conveniently located close to shopping, theaters, bus lines, Girsh Park, schools, UCSB and miles of trails along the bluffs overlooking the Pacific Ocean.

Last Agent to Sell the Property

Mark Moseley

Sotheby's International Realty License #00771422 Listed on: 08/01/2012

Co-Listed By

Cathy Moseley

Coldwell Banker Realty

Last Buyer's Agent

Cindy Blomo

RE/MAX Goleta

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 1,307

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • Direct Access Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,914 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Living Room with Fireplace
  • Dining Area
  • Library

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

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

Schools

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

Additional Features

  • Property is in good condition
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 073-420-025

Community Details

Overview

  • Association fees include insurance, earthquake insurance, trash, prop mgmt, comm area maint, exterior maint
  • $200 HOA Transfer Fee
  • Pacific Palms Community

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
  • Association Transfer Fee: 200
  • Directions: Hollister Avenue to Pacific Oaks Road then right on Phelps Road. Unit is down about a block on the right hand side.
  • Prop. Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Gas Hookup, In Garage
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Fee Includes: Insurance, Earthquake Insurance, Trash, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Co List Office Mls Id: cb
  • Co List Office Phone: 805-682-2477
  • Subdivision Name: Other
  • Architectural Style: Medit
  • Reso Flooring: Laminate, Carpet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1990
  • Property Information Total #Units: 1
  • 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
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Pacific Palms
  • Roof:Tile2: Yes
  • Laundry In Garage2: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Assessor's Data Assessor Year Built: 1990.0
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Gas Range, Dishwasher, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Total Bedrooms: 7

Exterior Features

  • Roof: Tile
  • Topography: Level
  • Exterior Features: Patio Covered
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 073-420-025
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Sep 7, 2012
Sold by
Devereux Foundation
Bought by
Tesoro Kimberly A
Seller's Agent
Mark Moseley
Sotheby's International Realty
Buyer's Agent
Cindy Blomo
RE/MAX Goleta
List Price
$589,000
Sold Price
$585,000
Premium/Discount to List
-$4,000
-0.68%
Current Estimated Value
$1,343,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,537
Avg. Annual Appreciation
6.47%
Original Mortgage
$526,500
Outstanding Balance
$365,345
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$978,192

Purchase Details

Closed on
Dec 23, 2011
Sold by
Weisman Billie Milam and Arnold Steven L
Bought by
Devereux Foundation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tesoro Kimberly A $585,000 Fidelity National Title Co
Devereux Foundation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesoro Kimberly A $526,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $585,000 -0.7% $306 / Sq Ft
08/10/2012 08/10/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $589,000 -- $308 / 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 $7,819 $720,372 $375,578 $344,794
2023 $7,819 $692,401 $360,995 $331,406
2022 $7,441 $678,825 $353,917 $324,908
2021 $7,318 $665,516 $346,978 $318,538
2020 $7,126 $658,693 $343,421 $315,272
2019 $6,996 $645,779 $336,688 $309,091
2018 $6,865 $633,118 $330,087 $303,031
2017 $6,754 $620,705 $323,615 $297,090
2016 $6,587 $608,535 $317,270 $291,265
2014 $6,375 $587,655 $306,384 $281,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2470

Santa Barbara Multiple Listing Service

APN: 073-420-025