NOT LISTED FOR SALE

746 Palermo Dr Santa Barbara, CA 93105

Hidden Valley Neighborhood

Estimated Value: $1,321,000 - $1,471,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold December 19, 2023

Last sale price $1,267,500

Est. 12% increase in value since last sale

Current estimated payment $8,838/month

184 Days on Market

About This Home

As of December 2023

Hidden Valley duplex comprised of two 2BD/1.5BA townhome-style units, each with private patio, laundry and detached garage. The property is located near Hidden Valley Park, La Cumbre Country Club, Santa Barbara Golf Club, and the shops and restaurants of La Cumbre Mall, Five Points Shopping Center and Loreto Plaza. Additionally, Hwy 101 and the beach can be reached in five minutes or less by car or via the newly built bike path.

Last Agent to Sell the Property

Caitlin Hensel

Hayes Commercial Group License #01893341 Listed on: 06/06/2023

Co-Listed By

Kristopher Roth

Hayes Commercial Group License #01482732

Last Buyer's Agent

Christos Celmayster

Hayes Commercial Group License #01342996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,444

Year Built

  • Built in 1966

Lot Details

  • 5,227

Interior Spaces

  • 2-Story Property

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 049-320-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,444

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1966
  • Building Stories: 2
  • Co List Office Mls Id: bhc
  • Co List Office Phone: 805-563-2111
  • Property Information Year Built2: 1966
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • General Property Information Stories2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 049-320-018
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Dec 14, 2023
Sold by
Brous Gregory Thomas Survivor'S Trust
Bought by
746 Palermo Llc
Seller's Agent
Caitlin Hensel
Hayes Commercial Group
Buyer's Agent
Christos Celmayster
Hayes Commercial Group
List Price
$1,650,000
Sold Price
$1,267,500
Premium/Discount to List
-$382,500
-23.18%
Views
200
Current Estimated Value
$1,416,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,881
Avg. Annual Appreciation
5.39%
Original Mortgage
$125,000
Outstanding Balance
$123,226
Interest Rate
7.76%
Mortgage Type
Seller Take Back
Estimated Equity
$1,261,186

Purchase Details

Closed on
Feb 20, 2019
Sold by
Brous Gregory T and The Gregory Thomas Brous And R
Bought by
Brous Gregory T and The Gregory Thomas Brous Survi

Purchase Details

Closed on
Jul 31, 2012
Sold by
Brous Greg and Brous Robin
Bought by
Brous Gregory T and Brous Robin

Purchase Details

Closed on
Dec 27, 2007
Sold by
Brous Greg and Brous Robin
Bought by
Brous Greg and Brous Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2007
Sold by
Morihisa Shoji George and Morihisa Maxine Machi
Bought by
Brous Greg and Brous Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
746 Palermo Llc $1,267,500 Fidelity National Title Compan
Brous Gregory T -- None Available
Brous Gregory T -- None Available
Brous Greg -- None Available
Brous Greg -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 746 Palermo Llc $125,000
Open 746 Palermo Llc $742,500
Previous Owner Brous Gregory T $468,000
Previous Owner Brous Greg $533,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $1,267,500 -9.5% --
12/07/2023 12/07/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $1,400,000 -12.5% --
07/28/2023 07/28/23 Price Changed $1,600,000 -3.0% --
06/06/2023 06/06/23 For Sale $1,650,000 -- --
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
2025 $13,444 $1,292,850 $680,850 $612,000
2023 $13,444 $1,060,499 $631,251 $429,248
2022 $11,078 $1,039,706 $618,874 $420,832
2021 $10,823 $1,019,321 $606,740 $412,581
2020 $10,711 $1,008,870 $600,519 $408,351
2019 $10,525 $989,090 $588,745 $400,345
2018 $10,376 $969,697 $577,201 $392,496
2017 $10,034 $950,684 $565,884 $384,800
2016 $9,832 $932,044 $554,789 $377,255
2014 $9,565 $900,063 $535,752 $364,311
Source: Public Records

Agents Affiliated with this Home

  • Caitlin Hensel

    Seller's Agent in 2023

    Caitlin Hensel

    Hayes Commercial Group

    (559) 269-9659

    1 in this area

    60 Total Sales

    Caitlin Hensel
    Section Image
  • Kristopher Roth

    Seller Co-Listing Agent in 2023

    Kristopher Roth

    Hayes Commercial Group

    (805) 563-2111

    2 in this area

    65 Total Sales

    Kristopher Roth
    Section Image
  • Christos Celmayster

    Buyer's Agent in 2023

    Christos Celmayster

    Hayes Commercial Group

    (805) 563-2111

    1 in this area

    86 Total Sales

    Christos Celmayster
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1610

Santa Barbara Multiple Listing Service

APN: 049-320-018

California Santa Barbara County Santa Barbara 93105 Hidden Valley

746 Palermo Dr, Santa Barbara, CA

This home is located at 746 Palermo Dr, Santa Barbara, CA 93105 since 06 June 2023 and is currently estimated at $1,416,381. This property was built in 1966. 746 Palermo Dr is a home located in Santa Barbara County with nearby schools including Adams Elementary School, La Cumbre Junior High School, and San Marcos Senior High School.

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