$224,900
SOLD MAY 27, 2025
1 Bed
1 Bath
780 Sq Ft
$466/mo HOA Fee

Recently Sold

$288 Per Sq Ft

126 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Clubhouse
  • Community Pool
  • McNab Elementary School Rated A-
  • Sun or Florida Room
  • 5-minute walk to Lake Santa Barbara Park

About This Home

As of May 2025

Discover this charming penthouse residence featuring an updated kitchen with granite countertops and stainless steel appliances. The unit also offers a beautiful, expansive covered balcony, perfect for enjoying the coastal breeze or unwinding in a serene setting.Located in a boutique building along the Intracoastal Waterway, this home provides direct access to Santa Barbara Lake and the ocean with no fixed bridges. The building features assigned covered parking and has already completed its 40-year inspection, ensuring peace of mind for new owners.

Last Agent to Sell the Property

Sam Sachi

EXP Realty LLC License #3462442 Listed on: 01/15/2025

EXP Realty LLC

Last Buyer's Agent

John Fortino

LAS OLAS REALTY LLC License #3077963

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1975

HOA Fees

  • $466 Monthly HOA Fees

Interior Spaces

  • 780 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Family Room
  • Florida or Dining Combination
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

  • Over 1 Space Per Unit
  • Covered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio

Listing and Financial Details

  • Assessor Parcel Number 494306da0770

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, pool(s), recreation facilities, roof, sewer, water
  • High-Rise Condominium
  • Bay Yacht Club Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Park
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,590

Year Built

Built in 1975

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Atlantic Blvd to Federal Highway to Building on East side of Federal. Next to Marina.
  • Year Built: 1975
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Elevator, Family/Dining Room, Pantry, Tub Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate, Vinyl
  • Living Area: 780.0
  • Dining Room Type: Family Room, Florida Room
  • Stories: 5

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 466.0
  • Community Features: Non-Gated, Park, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Laundry, Pool, Storage, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Pool(s), Recreation Facilities, Roof, Sewer, Water

Lot Info

  • Parcel #: 494306da0770
  • Zoning Description: RM-30

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1590.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
May 22, 2025
Sold by
Sileo Peter C and Panettieri Laura E
Bought by
Doherty-Fortino John E
Seller's Agent
Sam Sachi
EXP Realty LLC
Buyer's Agent
John Fortino
LAS OLAS REALTY LLC
List Price
$224,900
Sold Price
$224,900
Total Days on Market
126
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.54%
Original Mortgage
$191,165
Outstanding Balance
$191,165
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$32,280

Purchase Details

Closed on
Dec 13, 2006
Sold by
Miller Patricia N
Bought by
Sileo Peter C and Panettieri Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Jensen Michael B and Jensen Christina Molina
Bought by
Miller Patricia N

Purchase Details

Closed on
Jan 12, 2001
Sold by
Kotch Edward C
Bought by
Jensen Michael B

Purchase Details

Closed on
Feb 25, 1997
Sold by
Cravero Cynthia J
Bought by
Kotch Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1995
Sold by
Oleary James J and Oleary Sandra M
Bought by
Cravero Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
8.35%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $224,900 Us Title & Escrow
Warranty Deed $207,500 Partners Title Inc
Warranty Deed $114,600 Ace Title Services Inc
Warranty Deed $76,500 --
Warranty Deed $68,000 --
Warranty Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,165 New Conventional
Previous Owner $117,375 New Conventional
Previous Owner $155,625 Purchase Money Mortgage
Previous Owner $48,000 New Conventional
Previous Owner $49,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $224,900 0.0% $288 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $224,900 0.0% $288 / Sq Ft
04/15/2025 04/15/25 Off Market $224,900 -- --
01/15/2025 01/15/25 For Sale $224,900 -- $288 / Sq Ft
Source: BeachesMLS

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 $1,590 $106,510 -- --
2024 $1,548 $103,510 -- --
2023 $1,548 $100,500 $0 $0
2022 $1,383 $97,580 $0 $0
2021 $1,306 $94,740 $0 $0
2020 $1,265 $93,440 $0 $0
2019 $1,235 $91,340 $0 $0
2018 $1,169 $89,640 $0 $0
2017 $1,077 $87,800 $0 $0
2016 $1,033 $86,000 $0 $0
2015 $1,055 $85,410 $0 $0
2014 $1,049 $84,740 $0 $0
2013 -- $83,490 $8,350 $75,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11052734

BeachesMLS

APN: 49-43-06-DA-0770