NOT LISTED FOR SALE

Estimated Value: $1,375,000 - $1,662,000

3 Beds
2 Baths
1,500 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $835,000 $557 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,840/month

21 Days on Market

Highlights

  • Property is near a park
  • 2 Car Attached Garage
  • Wheelchair Access
  • Goleta Valley Junior High School Rated A
  • Laundry Room
  • Tile Flooring

About This Home

As of November 2018

GREAT INVESTMENT! OPPORTUNITY KNOCKS! Single fam home with cash flow+/-. 20% or more down payment. Seller to carry balance of sales price, interest only or more which can ''save'' you over $700 p/m. No points. No Fees. No hassles. Projected Rent of $3,750 p/m. One level, super clean home at Mountain View Ranch. New carpet and paint, on cue-de-sac in a secure family neighborhood. Large rear yard with sprinklers and mountain views; in addition, '' side-yard'' suitable for garden or vehicle. Large 2 car attached garage. Near Bus Line and Brandon School. Association amenities include pool, play area and greenbelt, very short walk, $240 p/m. Original Owner/1998. Asso fees are $240 per month.

Last Agent to Sell the Property

Karen Spechler

Berkshire Hathaway HomeServices California Properties License #00552664 Listed on: 10/01/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Marie Sue Parsons &

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,988

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Location

  • Property is near a park
  • Property is near public transit
  • Property is near a bus stop

Schools

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

Additional Features

  • Wheelchair Access
  • Forced Air Heating System

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number 079-740-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,988

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1998
  • Miscellaneous Parking Spaces: 2.0
  • Building Stories: 1
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Reso Accessibility Features: Wheelchair Access
  • Reso Flooring: Vinyl, Carpet, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1998
  • Property Information Apx # Acres: 0.17
  • NeighborhoodSchools Elementary School: Brandon
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1500.0
  • Property Information Apx Lot SqFt: 7405.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Pets Yes: Yes
  • General Property Information Stories2: 1.0
  • Parking Info Gar #24: Yes
  • Amenities Fncd Back: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Attached6: Yes
  • Handicapped Access Wheelchair Access: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.17
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 079-740-020
  • Zoning: R-1
  • Lot Size Sq Ft: 7405.0

Rental Info

  • Owner Pays: None

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Oct 18, 2018
Sold by
Spechler Arnold and The Arnold Spechler Trust
Bought by
Bates Jacob and Bates Andrea
Seller's Agent
Karen Spechler
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marie Sue Parsons &
Berkshire Hathaway HomeServices California Properties
List Price
$849,500
Sold Price
$835,000
Premium/Discount to List
-$14,500
-1.71%
Current Estimated Value
$1,503,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,135
Avg. Annual Appreciation
8.94%
Original Mortgage
$668,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2014
Sold by
Spechler Arnold J
Bought by
Spechler Arnold

Purchase Details

Closed on
Jul 31, 1998
Sold by
Bradley Associates Llc
Bought by
Spechler Arnold J and Spechler Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,500
Interest Rate
6.88%
Source: Public Records

Range of Values:

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Average Value
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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
Bates Jacob $835,000 Wfg National Title Ins Co
Spechler Arnold -- None Available
Spechler Arnold J $318,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates Jacob $655,000
Closed Bates Jacob $661,000
Closed Bates Jacob $668,000
Previous Owner Spechler Arnold J $242,000
Previous Owner Spechler Arnold J $254,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $835,000 0.0% $557 / Sq Ft
11/13/2018 11/13/18 Sold $835,000 -1.7% $557 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/13/2018 10/13/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $849,500 0.0% $566 / Sq Ft
10/01/2018 10/01/18 For Sale $849,500 -- $566 / Sq Ft
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 $9,988 $931,453 $513,136 $418,317
2023 $9,988 $895,285 $493,211 $402,074
2022 $9,538 $877,732 $483,541 $394,191
2021 $9,380 $860,522 $474,060 $386,462
2020 $9,131 $851,700 $469,200 $382,500
2019 $8,964 $835,000 $460,000 $375,000
2018 $4,909 $438,132 $185,999 $252,133
2017 $4,831 $429,542 $182,352 $247,190
2016 $4,722 $421,121 $178,777 $242,344
2014 $4,563 $406,672 $172,643 $234,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3557

Santa Barbara Multiple Listing Service

APN: 079-740-020