NOT LISTED FOR SALE

Estimated Value: $1,794,553

2 Beds
1 Bath
1,019 Sq Ft
$1,761/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $1,575,000 $1,546 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,288/month

57 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Property is in excellent condition
  • San Marcos Senior High School Rated A
  • Central Air
  • 5-minute walk to Parque De Lis Niños

About This Home

As of January 2023

A MUST SEE fusion of old world and new! Fully permitted 1880s cottage renovation PLUS a brand new ADU. Two turnkey houses ready for an owner occupant or an investor! The historic cottage has been lovingly renewed with systems upgraded to current code and boasts 2 BR and 1.5 BA, HVAC, tongue and groove oak floors, original wood burning fireplace, luxury LG SS appliances, high-end fixtures, jetted tub in the main bath, and substantial storage. The separate, newly constructed ADU features 1 BR and 1.5 BA, hardwoods, HVAC, large eat-in kitchen with GE SS appliances, and jetted tub in the main bath. Each house has its own inside laundry area and solar! This historic property qualifies for Mills Act tax credits. Newly landscaped and fully fenced. Off-street parking and room for your garden!

Last Agent to Sell the Property

Terence Alemann

Alemann and Associates License #01925020 Listed on: 11/05/2022

Last Buyer's Agent

Matt Raab

Berkshire Hathaway HomeServices California Properties License #02063526

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,115

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in excellent condition

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood Flooring

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 037-024-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,115

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Hardwood
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Apx # Acres: 0.13
  • NeighborhoodSchools Elementary School: McKinley
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Condo:Laundry in Unit: Yes
  • Condition Excellent: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • HeatingCooling AC Central2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Microwave2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.13

Utilities

  • Heating: Other
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 037-024-009
  • Zoning: R-4
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
Jan 11, 2023
Sold by
Lambert James M and Lambert Nicole K
Bought by
Tom And Kim Roos Living Trust
Seller's Agent
Terence Alemann
Alemann and Associates
Buyer's Agent
Matt Raab
Berkshire Hathaway HomeServices California Properties
List Price
$1,879,900
Sold Price
$1,575,000
Premium/Discount to List
-$304,900
-16.22%
Current Estimated Value
$1,794,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,553
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
May 11, 2019
Sold by
Caballero Francisco J and Caballero Juana G
Bought by
Eubanks Lambert James M and Eubanks Lambert K Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Tom And Kim Roos Living Trust $1,575,000 Chicago Title
Eubanks Lambert James M $658,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eubanks Lambert James M $493,500
Previous Owner Caballero Francisco J $480,000
Previous Owner Caballero Francisco J $415,000
Previous Owner Caballero Francisco J $414,400
Previous Owner Caballero Francisco J $275,000
Previous Owner Caballero Francisco J $158,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $1,575,000 0.0% $1,546 / Sq Ft
01/13/2023 01/13/23 Sold $1,575,000 -8.7% $1,546 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
01/01/2023 01/01/23 Pending -- -- --
11/28/2022 11/28/22 Price Changed $1,725,000 0.0% $1,693 / Sq Ft
11/28/2022 11/28/22 Price Changed $1,725,000 -8.2% $1,693 / Sq Ft
11/05/2022 11/05/22 For Sale $1,879,900 0.0% $1,845 / Sq Ft
11/02/2022 11/02/22 For Sale $1,879,900 +185.7% $1,845 / Sq Ft
07/16/2019 07/16/19 Sold $658,000 -5.9% $646 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $699,000 -- $686 / 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 $6,115 $749,200 $309,194 $440,006
2023 $6,115 $505,045 $286,844 $218,201
2022 $4,021 $377,655 $301,321 $76,334
2021 $3,749 $353,211 $281,818 $71,393
2020 $6,998 $658,000 $525,000 $133,000
2019 $2,161 $200,260 $145,652 $54,608
2018 $2,130 $196,335 $142,797 $53,538
2017 $2,060 $192,487 $139,998 $52,489
2016 $2,092 $188,713 $137,253 $51,460
2014 $2,038 $182,240 $132,544 $49,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3650

Santa Barbara Multiple Listing Service

APN: 037-024-009