NOT LISTED FOR SALE

7336 Lowell Way Goleta, CA 93117

Estimated Value: $1,576,000 - $1,839,000

-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold March 27, 2024

Last sale price $1,715,000

Est. 2% decrease in value since last sale

Current estimated payment $9,573/month

31 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • Patio
  • Ellwood Elementary School Rated A-
  • Fireplace
  • Vinyl Plank Flooring

About This Home

As of March 2024

Unique opportunity to own a portfolio of Towbes-built duplexes in highly sought-after Goleta locations, each with the added potential for an ADU (Accessory Dwelling Unit). These spacious, well-maintained townhouse-style duplexes offer an ideal investment potential attracting families, tech employees, and UCSB students. All properties in this portfolio boast new windows and roofs ensuring worry- free ownership and minimal maintenance for a future owner. An additional opportunity exists in acquiring this portfolio at a lower price per duplex compared to recent sale comps, along with the potential to sell off individual properties in the future. 7336 Lowell offers (1) 3BD/1.5BA & (1) 3BD/2BA. Please note that property is part of Portfolio Sale and contact listing agent for more details.

Last Listed By

Jon Standring

Beachside Partners License #01893163 Listed on: 02/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Back Yard Fenced
  • Property is in good condition

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Shared Gas Meter
  • Individual Gas Meter

Community Details

  • 2 Units
  • 30 University Village Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 073-221-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,635

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1975
  • Monthly Income: 8413.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 3.0
  • Building Stories: 2
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 30 - University Village
  • Reso Flooring: Carpet, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1975
  • Property Information Apx # Acres: 0.23
  • NeighborhoodSchools Elementary School: Ellwood
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Gar #24: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Fncd Back: Yes
  • HeatingCooling GFA: Yes
  • Amenities Patio2: Yes
  • Amenities Elec Stove: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.23
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Gar #2
  • Total Parking Spaces: 3.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 073-221-006
  • Zoning: PRD
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 8413.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 19, 2024
Sold by
Tagole Llc
Bought by
Bruce J And Renee J Christensen Living Trust and Christensen
Seller's Agent
Jon Standring
Beachside Partners
Buyer's Agent
Diana Lippert
RE/MAX Santa Barbara
List Price
$1,675,000
Sold Price
$1,715,000
Premium/Discount to List
$40,000
2.39%
Total Days on Market
31
Views
44
Current Estimated Value
$1,687,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,904
Avg. Annual Appreciation
-1.47%
Original Mortgage
$1,286,250
Outstanding Balance
$1,272,594
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$414,502

Purchase Details

Closed on
Dec 16, 2005
Sold by
Abramson Kenin S
Bought by
Tagole Llc

Purchase Details

Closed on
Dec 11, 1995
Sold by
Abramson Allen and Abramson Kenin
Bought by
Abramson Allen S and Abramson Kenin S

Purchase Details

Closed on
Dec 5, 1995
Sold by
Towbes Michael
Bought by
Abramson Allen and Abramson Kenin

Range of Values:

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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
Bruce J And Renee J Christensen Living Trust $1,715,000 Fidelity National Title Compan
Tagole Llc -- None Available
Tagole Llc -- None Available
Tagole Llc -- None Available
Abramson Laurence -- None Available
Abramson Kenin S -- None Available
Abramson Kenin S -- None Available
Abramson Kenin S -- None Available
Abramson Allen S -- First American Title
Abramson Allen $47,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce J And Renee J Christensen Living Trust $1,286,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $1,715,000 +2.4% --
03/18/2024 03/18/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $1,675,000 -- --
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
2023 $2,635 $156,990 $29,662 $127,328
2022 $2,323 $154,109 $29,081 $125,028
2021 $2,292 $151,284 $28,511 $122,773
2020 $2,248 $149,836 $28,219 $121,617
2019 $2,219 $147,095 $27,666 $119,429
2018 $2,188 $144,408 $27,124 $117,284
2017 $2,163 $141,774 $26,593 $115,181
2016 $2,119 $139,191 $26,072 $113,119
2015 $2,061 $137,252 $25,681 $111,571
2014 -- $124,760 $25,178 $99,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-479

Santa Barbara Multiple Listing Service

APN: 073-221-006