NOT LISTED FOR SALE

785 Terni Ln Santa Barbara, CA 93105

Hidden Valley Neighborhood

Estimated Value: $1,715,000 - $2,572,127

4 Beds
4 Baths
2,500 Sq Ft
$802/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2024

Last sale price $1,721,500 $689 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,458 / mo

9 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • 2 Car Attached Garage
  • San Marcos Senior High School Rated A-
  • Fireplace
  • Patio

About This Home

As of February 2024

Fantastic opportunity to own a Towbes-crafted duplex ideally situated on a spacious corner lot in the coveted Hidden Valley neighborhood. This property features a well-balanced unit mix, including a recently updated 2BD | 2BA townhome-style residence with dining area, fireplace, remodeled kitchen and bath, and a private patio (currently vacant), plus a 2BD | 1.5BA residence currently tenant occupied. The larger, unoccupied residence measures 1,438SF and is a gem for an owner-user, presenting turn-key condition and boasting stunning views from the upper-level balcony. Amenities include sperate laundry rooms and a shared 2-car garage. The property's value is further enhanced by a newer roof, two newer water heaters and a convenient central location. Don't miss out on this rare opportunity!

Last Agent to Sell the Property

Kelly Knight

Berkshire Hathaway HomeServices California Properties License #01463617 Listed on: 01/25/2024

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Jason Bertoli

Compass License #02031684

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • 2 Open Parking Spaces

Home Design

  • Slab Foundation

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Individual Gas Meter

Community Details

  • 2 Units
  • 20 Hidden Valley Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 049-340-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1974
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 4.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 20 - Hidden Valley
  • Reso Flooring: Vinyl, Carpet, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1974
  • Property Information Apx # Acres: 0.15
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 2.0
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2500.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6534.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • Parking Info Gar #24: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Fncd Back: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Attached6: Yes
  • Amenities Patio2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Elec Stove: Yes
  • Amenities Fncd Prt: Yes
  • Parking Info Street: Yes
  • HeatingCooling AC None2: Yes
  • Parking Info Total # Garage Spaces2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.15
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Garages, Uncovered, Street, Gar #2, Unc #2, Attached
  • Total Parking Spaces: 4.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 049-340-027
  • Zoning: R-2
  • Lot Size Sq Ft: 6534.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

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
Jan 25, 2024
Closed on
Feb 13, 2024
Sold by
Bought by
Seller's Agent
Kelly Knight
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jason Bertoli
Compass
List Price
$1,749,000
Sold Price
$1,721,500
Premium/Discount to List
-$27,500
-1.57%
Views
71
Current Estimated Value
$2,003,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,282
Avg. Annual Appreciation
6.59%
Original Mortgage
$1,377,200
Interest Rate
0.0666%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,721,500 Fidelity National Title Compan
-- None Available
-- --
$285,000 Equity Title Company
-- Equity Title Company
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
Open $1,371,700
Closed $1,363,736
Closed $1,377,200
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
02/26/2024 02/26/24 Sold $1,721,500 -1.6% $689 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $1,749,000 -- $700 / 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 $18,485 $1,791,048 $832,320 $958,728
2025 $17,750 $1,755,930 $816,000 $939,930
2023 $17,750 $495,898 $217,937 $277,961
2022 $5,131 $486,205 $213,664 $272,541
2021 $5,010 $476,702 $209,475 $267,227
2020 $4,958 $471,831 $207,328 $264,503
2019 $4,870 $462,610 $203,263 $259,347
2018 $4,800 $453,570 $199,278 $254,292
2017 $4,640 $444,707 $195,371 $249,336
2016 $4,596 $436,018 $191,541 $244,477
2015 $4,545 $429,492 $188,664 $240,828
2014 -- $421,109 $184,969 $236,140
Source: Public Records

Agents Affiliated with this Home

  • Kelly Knight

    Seller's Agent in 2024

    Kelly Knight

    Berkshire Hathaway HomeServices California Properties

    (805) 895-4406

    2 in this area

    108 Total Sales

    Kelly Knight
    Section Image

  • J

    Buyer's Agent in 2024

    Jason Bertoli

    Compass

    (617) 504-2400

    1 in this area

    26 Total Sales

    Jason Bertoli
    Section Image
  • Lucas Martinez

    Buyer Co-Listing Agent in 2024

    Lucas Martinez

    Compass

    (978) 505-9125

    1 in this area

    16 Total Sales

    Lucas Martinez
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-277

Santa Barbara Multiple Listing Service

APN: 049-340-027

California Santa Barbara County Santa Barbara 93105 Hidden Valley

785 Terni Ln, Santa Barbara, CA

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