NOT LISTED FOR SALE

718 W Arrellaga St Santa Barbara, CA 93101

Westside Neighborhood

Estimated Value: $1,328,000 - $1,816,542

2 Beds
1 Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold February 16, 2016

Last sale price $950,000

Est. 62% increase in value since last sale

Current estimated payment $8,907/month

83 Days on Market

Highlights

  • Deck
  • Property is near park, public transit, schools, shops, and bus stop
  • Views
  • San Marcos Senior High School Rated A-
  • Wood Flooring
  • Garage

About This Home

As of February 2016

Excellent investment property, but also good for owner occupants. Front building is a duplex w/lg 1 bdrm units that seem like separate cottages w/ fireplaces & hardwood flrs in each. 2nd building is a nice sized 2 bdrm unit & rises above 4 garages that have sometimes been rented separately for extra income. Property is near stores, schools, buses, & walking distance to downtown. This versatile property could be straight investment as they're charming easy rentals, but also works for owner occupants. For the last decades 2 bdrm unit has housed the owner occupant, but a single owner occupant could easily live in one of the spacious 1 bdrm "cottages" & get even more rent. Or, this property might work for a family compound; parents in 2 bdrm, older teenage child or student in one of the 1 bdrms, & the family grandma or grandpa in other 1 bdrm. Use your imagination!

Market rents could be $5000-$6000/month. Separately metered except for H2O & trash. May be possible to show 2 bdrm unit to really interested buyers, & w/ really,really interested qualified buyers we may be able to get into one of the 1 bdrm units. CLA for more details.

Last Agent to Sell the Property

Toby Bradley

Village Properties - 1 License #00762796 Listed on: 12/14/2015

Co-Listed By

Lynette Naour

Village Properties - 1 License #01035763

Last Buyer's Agent

Fred Tu

Keller Williams Realty Santa Barbara

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 50x115
  • Back Yard Fenced
  • Level Lot
  • Property is in average condition
  • Property is zoned R-2

Parking

  • Garage

Home Design

  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Property Views

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Location

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

Schools

  • Harding Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 043-213-019

Community Details

Overview

  • 3 Units
  • 20 Westside Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Directions: Mission to west side. Left at Chino. Left at Arrellaga. Property is located on left.
  • Prop. Type: Residential
  • Year Built: 1942
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level, Near Public Transit
  • Co List Office Mls Id: vip01
  • Co List Office Phone: 805-681-8800
  • Subdivision Name: 20 - Westside
  • Architectural Style: Other
  • Reso Flooring: Laminate, Wood
  • Garage Yn: Yes
  • Unit Levels: Single Story, Two
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1942
  • Property Information Total #Units: 3
  • NeighborhoodSchools Elementary School: Harding
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s) Family Room3: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Site Improvements Cable TV3: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 50x115
  • Proximity Near Hospital2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • Laundry Common Area2: Yes
  • Condition Average2: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding, Stucco
  • Topography: Level
  • Exterior Features: Deck, Fenced: BCK
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4

Utilities

  • Heating: Wall
  • HeatingYN: Yes
  • Water Source: SB Wtr

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Harding
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 043-213-019
  • Zoning: R-2
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Jan 19, 2016
Sold by
Lynch Barbara
Bought by
Mcinerney Brian and Mcinerney Kathy
Seller's Agent
Toby Bradley
Village Properties - 1
Buyer's Agent
Fred Tu
Keller Williams Realty Santa Barbara
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Current Estimated Value
$1,541,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,386
Avg. Annual Appreciation
4.92%
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
Mcinerney Brian $950,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2016 02/16/16 Sold $950,000 0.0% --
02/16/2016 02/16/16 Sold $950,000 -9.5% -- View Prior Sale
01/07/2016 01/07/16 Pending -- -- --
01/07/2016 01/07/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $1,050,000 0.0% --
10/06/2015 10/06/15 For Sale $1,050,000 -- --
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 $11,701 $1,124,601 $591,896 $532,705
2023 $11,701 $1,080,933 $568,913 $512,020
2022 $11,291 $1,059,739 $557,758 $501,981
2021 $11,031 $1,038,961 $546,822 $492,139
2020 $10,917 $1,028,309 $541,216 $487,093
2019 $10,727 $1,008,147 $530,604 $477,543
2018 $10,575 $988,380 $520,200 $468,180
2017 $10,226 $969,000 $510,000 $459,000
2016 $3,906 $369,743 $128,674 $241,069
2015 $3,863 $364,190 $126,742 $237,448
2014 $3,799 $357,057 $124,260 $232,797
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Toby Bradley

    Village Properties - 1

  • L

    Seller Co-Listing Agent in 2016

    Lynette Naour

    Village Properties - 1

    (805) 705-6539

    1 in this area

    11 Total Sales

    Lynette Naour
    Section Image

  • F

    Buyer's Agent in 2016

    Fred Tu

    Keller Williams Realty Santa Barbara

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3450

Santa Barbara Multiple Listing Service

APN: 043-213-019

California Santa Barbara County Santa Barbara 93101 Westside

718 W Arrellaga St, Santa Barbara, CA

Not Listed for Sale

Detached

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