NOT LISTED FOR SALE

754 Palermo Dr Santa Barbara, CA 93105

Hidden Valley Neighborhood

Estimated Value: $1,725,000 - $2,352,965

5 Beds
4 Baths
2,520 Sq Ft
$807/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2020

Last sale price $1,550,000 $615 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,573 / mo

Highlights

  • Garage
  • San Marcos Senior High School Rated A-
  • Property is in excellent condition

About This Home

As of March 2020

For Statistical Purposes Only. Hidden Valley Duplex. Unit A- 2bed/1.5bath, Unit B- 3bed/2.5bath. Unit A renovated in 2014 and Unit B renovated in 2017. These are absolutely stunning contemporary style units.

Last Agent to Sell the Property

Mike Richardson

Richardson Real Estate Services, Inc. License #00635254 / 01902531 Listed on: 03/12/2020

Last Buyer's Agent

Mike Richardson

Richardson Real Estate Services, Inc. License #00635254 / 01902531 Listed on: 03/12/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Slab Foundation

Schools

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

Additional Features

  • Laundry in unit
  • Individual Gas Meter

Community Details

  • 2 Units
  • 10 Hidden Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049-320-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1966
  • Monthly Income: 7100.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • ResoLaundryFeatures: In Unit
  • Subdivision Name: 10 - Hidden Valley
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1966
  • Property Information Apx # Acres: 0.12
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Condo:Laundry in Unit: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Parking Info Gar #24: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.12
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Gar #2

Schools

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

Lot Info

  • Parcel #: 049-320-020
  • Zoning: R-2
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 7100.0

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

Listed on
Mar 12, 2020
Closed on
Mar 9, 2020
Sold by
Bought by
Seller's Agent
Mike Richardson
Richardson Real Estate Services, Inc.
Buyer's Agent
Mike Richardson
Richardson Real Estate Services, Inc.
List Price
$1,550,000
Sold Price
$1,550,000
Current Estimated Value
$2,033,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,491
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
Dec 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
0.0599%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
0.0525%

Purchase Details

Closed on
Feb 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
0.0525%

Purchase Details

Closed on
Sep 25, 1995
Sold by
Bought by
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$1,550,000 First American Title Company
$1,075,000 Lawyers Title Co
-- None Available
-- Fidelity National Title Co
-- First American Title Company
$1,025,000 First American Title Company
-- --
-- Stewart Title Of Ca Inc
$312,000 Continental Lawyers Title Co
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
Previous Owner $700,000
Previous Owner $700,000
Previous Owner $705,250
Previous Owner $350,000
Previous Owner $269,000
Previous Owner $20,000
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
03/12/2020 03/12/20 Sold $1,550,000 0.0% $615 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $1,550,000 -- $615 / Sq Ft
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 $17,918 $1,729,050 $836,637 $892,413
2025 $17,612 $1,695,148 $820,233 $874,915
2023 $17,612 $1,629,325 $788,383 $840,942
2022 $16,996 $1,597,378 $772,925 $824,453
2021 $16,606 $1,566,058 $757,770 $808,288
2020 $13,697 $1,291,114 $834,722 $456,392
2019 $11,595 $1,090,000 $454,000 $636,000
2018 $11,658 $1,090,000 $454,000 $636,000
2017 $10,952 $1,038,000 $606,000 $432,000
2016 $9,956 $944,000 $551,000 $393,000
2014 $8,946 $841,000 $491,000 $350,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Richardson

    Richardson Real Estate Services, Inc.

    (805) 963-1704

    106 Total Sales

    Mike Richardson
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-944

Santa Barbara Multiple Listing Service

APN: 049-320-020

California Santa Barbara County Santa Barbara 93105 Hidden Valley

754 Palermo Dr, Santa Barbara, CA

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