NOT LISTED FOR SALE

Estimated Value: $1,017,000 - $1,137,000

3 Beds
1 Bath
1,119 Sq Ft
$958/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2022

Last sale price $875,000 $782 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,480 / mo

19 Days on Market

Highlights

  • Detached Garage
  • Washington Elementary School Rated A
  • 1-Story Property

About This Home

As of May 2022

Investment opportunity one mile from the shore in Santa Barbara's Lower Eastside. Bring your contractors and imagination to this M-1 zoned 1930's bungalow sitting on just over 5,500 sf lot. Existing structure consists of 3 bedrooms and 1 bathrooms. Great Santa Barbara location minutes from East Beach, Funk Zone, Downtown or Montecito's Lower Village. An opportunity not to be missed.

Last Agent to Sell the Property

Hitchcock & Associates

Compass License #01932289 Listed on: 04/20/2022

Compass

Last Buyer's Agent

Kalia Rork

RE/MAX Santa Barbara

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned M-1

Parking

  • Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,119 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Franklin Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Community Details

  • 15 Lower Eastside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 017-043-016

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Home/Estate
  • Subdivision Name: 15 - Lower Eastside
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 1930
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.12
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Detached: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Acres: 0.12
  • Exterior Features: Fenced: BCK

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Detached

Utilities

  • Water Source: SB Wtr

Schools

  • Elementary School: Franklin
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 017-043-016
  • Zoning: M-1
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 23, 2022
Sold by
Gregory Roy Scott Trust
Bought by
Johnson Kelly M
Seller's Agent
Hitchcock & Associates
Compass
Buyer's Agent
Kalia Rork
RE/MAX Santa Barbara
Sold Price
$875,000
Current Estimated Value
$1,071,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,508
Avg. Annual Appreciation
5.33%
Original Mortgage
$568,750
Outstanding Balance
$536,641
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$534,867

Purchase Details

Closed on
May 16, 2020
Sold by
Scott Gregory Roy
Bought by
Scott Gregory Roy and The Gregory Roy Scott Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2011
Closed on
Feb 13, 2012
Sold by
Elkin Marjorie Ann
Bought by
Scott Gregory Roy
Seller's Agent
John Sener
Village Properties - 1
Buyer's Agent
Randy Glick
Berkshire Hathaway HomeServices California Properties
List Price
$367,900
Sold Price
$275,000
Premium/Discount to List
-$92,900
-25.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
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

Date Buyer Sale Price Title Company
Johnson Kelly M $875,000 Fidelity National Title
Scott Gregory Roy -- None Available
Scott Gregory Roy -- Amrock
Scott Gregory Roy -- Amrock
Scott Gregory Roy $275,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kelly M $568,750
Previous Owner Scott Gregory Roy $477,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Off Market $875,000 -- --
05/26/2022 05/26/22 Sold $875,000 +218.2% $782 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
03/09/2012 03/09/12 Sold $275,000 -25.3% $246 / Sq Ft View Prior Sale
01/21/2012 01/21/12 Pending -- -- --
10/26/2011 10/26/11 For Sale $367,900 -- $329 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $9,592 $928,556 $610,194 $318,362
2023 $9,592 $831,000 $546,000 $285,000
2022 $3,497 $325,482 $266,307 $59,175
2021 $3,415 $319,101 $261,086 $58,015
2020 $3,379 $315,830 $258,409 $57,421
2019 $3,320 $309,639 $253,343 $56,296
2018 $3,273 $303,569 $248,376 $55,193
2017 $3,165 $297,617 $243,506 $54,111
2016 $3,165 $291,782 $238,732 $53,050
2014 $3,081 $281,772 $230,541 $51,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1223

Santa Barbara Multiple Listing Service

APN: 017-043-016

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