NOT LISTED FOR SALE

Estimated Value: $1,572,000 - $2,126,000

2 Beds
1.5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Cul-De-Sac
  • San Marcos Senior High School Rated A
  • Property is near a park
  • Double Pane Windows

About This Home

As of May 2023

772 Terni Lane Unit B is a stunning and freshly remodeled 2-bedroom, 1.5-bathroom unit located in the desirable Hidden Valley neighborhood of Santa Barbara. This charming duplex is situated on a cul-de-sac street, offering peace and privacy. The unit boasts a myriad of upgrades, including new paint, new flooring, new lighting, new bathrooms, new windows, and new doors, making it a luxurious and comfortable space to call home. The property features your own formal laundry area and storage space in the garage, providing convenient and practical amenities for everyday living. The attention to detail and quality materials is evident throughout the unit, creating an inviting and warm atmosphere that is perfect for relaxing and entertaining. The Hidden Valley neighborhood is known for its beautiful natural surroundings, including a lush park and traditional sidewalks, making it the perfect location for outdoor enthusiasts. Additionally, the neighborhood offers easy access to a variety of shopping, dining, and entertainment options, making it a convenient and desirable location for those seeking a balance of urban and natural living. Overall, this is a stunning unit that offers modern upgrades, practical amenities, and a prime location in one of Santa Barbara's most sought-after neighborhoods.

Rental terms:
- Lease term: One year
- Tenant pays: all utilities
- Owner pays: water, trash, gardener
- No smoking on the property
- No co-signers
- No pets
- 2 uncovered off-street parking
- Storage space in garage
- Laundry room in garage

In general, the landlord is looking for the following qualifications:
- Credit score of 700+
- Gross income 3x the rent**
- Good credit history
- Clear source of monthly income
- References
- No smoking of any kind

**Should all or part of the applicant's income derive from any public assistance program, 3x gross income qualification shall apply only to the portion of the rent that Tenant is responsible for after the voucher amount has been deducted.

Equal Housing Opportunity. All applicants will be considered regardless of race, color, religion, national origin, sex, marital status, age, or because all or part of applicant's income derives from any public assistance program.

Tenants will be required to purchase renter's insurance (approximately $15 - 30/month) naming Landlord (owner) and Property Manager as additional insured with a minimum liability coverage of $100,000.

The application fee is $40 and is non-refundable.

Last Agent to Rent the Property

Dina Richardson

Richardson Real Estate Services, Inc. License #02070900 Listed on: 05/01/2023

Last Renter's Agent

Dina Richardson

Richardson Real Estate Services, Inc. License #02070900 Listed on: 05/01/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,624

Year Built

  • 1969

Lot Details

  • Cul-De-Sac
  • Property is in excellent condition

Parking

  • Open Parking

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Updated Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Additional Features

  • Property is near an ocean
  • Forced Air Heating System

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Property Available on 5/8/23
  • Assessor Parcel Number 049-340-019

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,624

Year Built

1969

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Townhouse
  • Reso Flooring: Vinyl, Carpet, Tile
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2023-05-08
  • Property Information Total Bathrooms2: 1.5
  • Laundry Laundry Room: Yes
  • Fireplace(s) Living Room: Yes
  • FlrWdw Coverings Vinyl: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near School(s): Yes
  • Proximity Near Shopping: Yes
  • Construction Two Story: Yes
  • HeatingCooling GFA2: Yes
  • LocationTopo Cul-De-Sac: Yes
  • Proximity Near Park(s): Yes
  • Amenities Dual Pane Window: Yes
  • Amenities Remodeled Bath: Yes
  • Amenities Remodeled Kitchen: Yes
  • FlrWdw Coverings Tile: Yes
  • Pets No: Yes
  • FlrWdw Coverings Carpet3: Yes
  • Style Townhouse: Yes
  • ParkingGarage Unc #23: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built (Public Record): 1969

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Number of Fireplaces Gas: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Lot Info

  • Parcel #: 049-340-019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Passanisi Mario
Bought by
Passanisi Mario and Mep Trust
Current Estimated Value
$1,934,706

Purchase Details

Closed on
Feb 9, 2021
Sold by
Passanisi John and Passanisi Liana M
Bought by
Passanisi Mario

Purchase Details

Closed on
Sep 15, 2006
Sold by
Passanisi John and Passanisi Liana M
Bought by
Passanisi John and Passanisi Liana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2006
Sold by
Angle Robert O and Angle Charlotte Jean
Bought by
Passanisi John and Passanisi Liana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2003
Sold by
Angle Robert O and Angle Charlotte Jean
Bought by
Angle Robert O and Angle Charlotte Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Angle Charlotte Jean
Bought by
Angle Robert O and Angle Charlotte Jean

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
5.99%

Purchase Details

Closed on
Oct 3, 2002
Sold by
Farley Family Partnership
Bought by
Angle Charlotte Jean

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
5.99%

Purchase Details

Closed on
Dec 18, 2000
Sold by
Carrara Liv Tr 9-6-95 Carrara Louis & Helene
Bought by
Farley Louise F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,950
Interest Rate
7.13%

Purchase Details

Closed on
Sep 6, 1995
Sold by
Carrara Louis and Carrara Helene P
Bought by
Carrara Louis and Carrara Helene P
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
Passanisi Mario -- None Available
Passanisi Mario -- None Available
Passanisi John -- None Available
Passanisi John -- Accommodation
Passanisi John -- Equity Title Company Santa B
Angle Robert O -- --
Angle Robert O -- Fidelity National Title Co
Angle Robert O -- Fidelity National Title
Angle Charlotte Jean -- Fidelity National Title Co
Angle Charlotte Jean $749,000 Fidelity National Title Co
Farley Louise F -- Equity Title Company
Carrara Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Passanisi John $333,000
Previous Owner Angle Robert O $175,000
Previous Owner Angle Charlotte Jean $350,000
Previous Owner Farley Louise F $351,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Rented $3,950 0.0% --
05/15/2023 05/15/23 Price Changed $3,950 -6.0% --
05/01/2023 05/01/23 For Rent $4,200 -- --
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 $14,624 $1,406,765 $904,350 $502,415
2023 $14,624 $1,352,140 $869,234 $482,906
2022 $14,112 $1,325,629 $852,191 $473,438
2021 $13,062 $1,231,000 $574,000 $657,000
2020 $11,358 $1,070,000 $499,000 $571,000
2019 $11,383 $1,070,000 $499,000 $571,000
2018 $11,445 $1,070,000 $499,000 $571,000
2017 $10,752 $1,019,000 $475,000 $544,000
2016 $9,769 $926,000 $432,000 $494,000
2014 $8,779 $825,000 $385,000 $440,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1155

Santa Barbara Multiple Listing Service

APN: 049-340-019