NOT LISTED FOR SALE

7376 Chapman Place Goleta, CA 93117

Isla Vista Area

Estimated Value: $1,695,076

Studio
-- Baths
-- Sq Ft
6,969 Sq Ft Lot

Sale Details

Date Sold: May 22, 2012

Last sale price $835,000

Est. 103% increase in value since last sale

Current estimated payment $10,653 / mo

53 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • Community Pool
  • Ellwood Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2012

Total renovation just completed on this University Village duplex! Owner occupant plus income, dual living, or investment. Largest floor plan - Unit A is 3/1.5, Unit B is 3/2 with one bedroom downstairs. Nice back yard, private front yards. Each has own laundry room, shared two car garage. Close to UCSB, beach, shopping. HOA has pool, tennis, clubhouse.

Last Agent to Sell the Property

Julie Ouellette

Century 21 Masters License #00974906 Listed on: 02/24/2012

Century 21 Masters

Last Buyer's Agent

Staci Caplan

RE/MAX Santa Barbara

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,969 Sq Ft Lot
  • Fenced
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank

Outdoor Features

  • Property is near an ocean

Location

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

Schools

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

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 073-222-002

Community Details

Overview

  • 2 Units
  • 30 University Village Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Building Details

  • New Taxes Expense $9,450
  • Operating Expense $16,300
  • Gross Income $60,000
  • Net Operating Income $43,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

6,969 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1970
  • Income Expenses Annual Income: 60000.0
  • Capitalization Rate: 5.08
  • Gross Rent Multiplier: 14.31
  • Annual Expenses: 16300.0
  • Monthly Income: 5000.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 2.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: 30 - University Village
  • Reso Flooring: Carpet, Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1970
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Ellwood
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Condition Excellent: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6969.0
  • Proximity Near Bus: Yes
  • Amenities Fncd All: 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 Disposal2: Yes
  • Amenities Microwave2: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Attached6: Yes
  • Assessor's Data Assessor Lot Acres: 0.16
  • IncomeExpenses Taxes6: 9450.0
  • Amenities Elec Stove: Yes
  • IncomeExpenses NOI2: 43,700
  • Amenities Tennis Ct: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.16
  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Gar #2, Attached
  • Total Parking Spaces: 2.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes
  • Community Amenities:Pool2: Yes

Schools

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

Lot Info

  • Parcel #: 073-222-002
  • Zoning: R-2
  • Lot Size Sq Ft: 6969.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 60000.0
  • Annual Operating Expense: 16300.0
  • Total Actual Rent: 5000.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2015
Sold by
Merritt James E and Merritt Kelly P
Bought by
Current Estimated Value
$1,695,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Outstanding Balance
$380,010
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,315,066

Purchase Details

Closed on
May 23, 2014
Sold by
Merritt James E and Merritt Kelly P
Bought by
Merritt James E and Merritt Kelly P

Purchase Details

Listed on
Feb 24, 2012
Closed on
May 10, 2012
Sold by
Shepherd Richard Steven
Bought by
Merritt Jaems E and Merritt Kelly P
Seller's Agent
Julie Ouellette
Century 21 Masters
Buyer's Agent
Staci Caplan
RE/MAX Santa Barbara
List Price
$859,000
Sold Price
$835,000
Premium/Discount to List
-$24,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$533,850
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2011
Sold by
Moua Touyer
Bought by
Shepherd Richard Steven and Richard Steven Shepherd Living Trust

Purchase Details

Closed on
Jun 6, 2005
Sold by
Moua Kalia V
Bought by
Moua Touyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2003
Sold by
Moua Shaw Teng and Moua Touyer
Bought by
Moua Touyer and Moua Kalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2001
Sold by
University Of Southern California
Bought by
Moua Shaw Teng and Moua Touyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,800
Interest Rate
7.06%

Purchase Details

Closed on
Dec 13, 2000
Sold by
Irwin Fam Tr 1/14/98 Irwin Willard E & Patric
Bought by
University Of Southern California and The Willard E & Patricia J Irwin Usc Uni

Purchase Details

Closed on
Jan 14, 1998
Sold by
Irwin Willard E and Irwin Patricia J
Bought by
Irwin Willard E and Irwin Patricia J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Goleta, CA

  • Kevin Goodwin Real Estate Agent - Goodwin Properties

    Kevin Goodwin

    Goodwin Properties

    (805) 979-2658

    50 Total Sales

    1 in Isla Vista

    $1,750,000 Price

    Kevin Goodwin
     Section Image
  • Summer Knight Real Estate Agent - Sun Coast Real Estate

    Summer Knight

    Responds Quickly

    Sun Coast Real Estate

    (805) 335-6908

    139 Total Sales

    12 in Isla Vista

    $875K - $2.7M Price Range

    Summer Knight
     Section Image
  • Leslie Miller Real Estate Agent - Vylla Home

    Leslie Miller

    Vylla Home

    (424) 417-6864

    19 Total Sales

    3 in Isla Vista

    $525K - $650K Price Range

    Leslie Miller
     Section Image
  • Tiffany Dore Real Estate Agent - Village Properties

    Tiffany Dore

    Village Properties

    (805) 324-6641

    23 Total Sales

    1 in Isla Vista

    $1,090,000 Price

    Tiffany Dore
     Section Image
  • Tamra Van Order Real Estate Agent - Keller Williams Realty Santa Barbara

    Tamra Van Order

    Responds Quickly

    Keller Williams Realty Santa Barbara

    (805) 308-6428

    31 Total Sales

    3 in Isla Vista

    $835K - $1.8M Price Range

    Tamra Van Order
     Section Image
  • Lisa Lee Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Lisa Lee

    Berkshire Hathaway HomeServices California Properties

    (805) 892-6322

    17 Total Sales

    1 in Isla Vista

    $945,000 Price

    Lisa Lee
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg National Title
Merritt Family Trust -- Wfg National Title Ins Co
Merritt James E -- None Available
Merritt Jaems E $835,000 Fidelity National Title Co
Shepherd Richard Steven $195,000 Stewart Title Of California
Moua Touyer -- Lawyers Title Co
Moua Touyer -- Fidelity National Title Co
Moua Shaw Teng -- Chicago Title Co
University Of Southern California -- --
Irwin Willard E -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $509,000
Closed Merritt Jaems E $533,850
Previous Owner Moua Touyer $270,000
Previous Owner Moua Touyer $200,000
Previous Owner Moua Touyer $99,900
Previous Owner Moua Touyer $469,500
Previous Owner Moua Touyer $469,500
Previous Owner Moua Shaw Teng $468,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2012 05/22/12 Sold $835,000 -2.8% --
04/16/2012 04/16/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $859,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,131 $1,069,768 $538,087 $531,681
2025 $11,735 $1,048,793 $527,537 $521,256
2023 $11,735 $1,008,069 $507,053 $501,016
2022 $11,118 $988,304 $497,111 $491,193
2021 $10,939 $968,926 $487,364 $481,562
2020 $10,657 $958,992 $482,367 $476,625
2019 $10,468 $940,189 $472,909 $467,280
2018 $10,277 $921,755 $463,637 $458,118
2017 $10,116 $903,683 $454,547 $449,136
2016 $9,839 $885,965 $445,635 $440,330
2015 $9,692 $872,658 $438,942 $433,716
2014 $9,510 $855,565 $430,344 $425,221
Source: Public Records

Agents Affiliated with this Home

  • Julie Ouellette Real Estate Agent - Century 21 Masters

    Seller's Agent in 2012

    Julie Ouellette

    Century 21 Masters

    (805) 895-1421

    51 Total Sales

    Julie Ouellette
    Section Image

  • SC

    Buyer's Agent in 2012

    Staci Caplan

    RE/MAX Santa Barbara

  • S

    Buyer's Agent in 2012

    sbr.rets.9092

    sbr.rets.RETS_OFFICE

  • MH

    Buyer Co-Listing Agent in 2012

    Michael Humphrey

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-644

Santa Barbara Multiple Listing Service

APN: 073-222-002

California Santa Barbara County Goleta 93117

7376 Chapman Place, Goleta, CA

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