NOT LISTED FOR SALE

Estimated Value: $1,290,000 - $1,663,000

4 Beds
2.5 Baths
1,124 Sq Ft
$1,273/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2020

Last sale price $855,000 $761 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,505 / mo

26 Days on Market

Highlights

  • Property is near public transit, schools, shops, and bus stop
  • Ranch Style House
  • Forced Air Heating System
  • Franklin Elementary School Rated A-
  • Tile Flooring
  • Family Room

About This Home

As of October 2020

Opportunity!! This house is zoned R-3 and features a main house complete with 2 bedrooms and 2.5 baths and is succeeded by a converted unit complete with 2 bedrooms. Nestled in-between the Lower Riviera and Laguna District, this single level home with original integrity sits within walking distance to Santa Barbara High School and the Santa Barbara Bowl. This property is surrounded by recently-built, high-end rentals and presents an opportunity to develop in a great location.

Last Agent to Sell the Property

Terence Alemann

Alemann and Associates License #01925020 Listed on: 08/06/2020

Last Buyer's Agent

Terence Alemann

Alemann and Associates License #01925020 Listed on: 08/06/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Property is in average condition
  • Property is zoned R-3

Home Design

  • Ranch Style House

Interior Spaces

  • 1,124 Sq Ft Home
  • Gas Fireplace
  • Family Room
  • Tile Flooring

Kitchen

  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Property is near public transit, schools, shops, and bus stop
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 029-311-002

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Near Public Transit
  • Architectural Style: Ranch
  • Reso Flooring: Tile
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1925
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.13
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1124.0
  • Proximity Near Shopping2: Yes
  • Fireplace(s) Gas8: Yes
  • Proximity Near Bus: Yes
  • Condition Average2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Gas Stove
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas

Exterior Features

  • Acres: 0.13
  • Exterior Features: Fenced: ALL

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 029-311-002
  • Zoning: R-3
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2025
Sold by
Philibosian Mark Thomas
Bought by
Philibosian Family Trust
Current Estimated Value
$1,431,170

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 28, 2020
Sold by
Dorado Ramon and Dorado Olivia
Bought by
Philibosian Mark Thomas
Seller's Agent
Terence Alemann
Alemann and Associates
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$899,000
Sold Price
$855,000
Premium/Discount to List
-$44,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$769,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2002
Sold by
Dorado Ramon and Dorado Manuel
Bought by
Dorado Ramon and Dorado Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.62%
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

Date Buyer Sale Price Title Company
Philibosian Family Trust -- None Listed On Document
Philibosian Mark Thomas $855,000 Wfg National Title Ins Co
Dorado Ramon -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Philibosian Mark Thomas $769,500
Previous Owner Dorado Ramon $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $855,000 -4.9% $761 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $899,000 -- $800 / 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 $9,560 $925,477 $622,397 $303,080
2023 $9,560 $889,542 $598,230 $291,312
2022 $9,222 $872,100 $586,500 $285,600
2021 $9,008 $855,000 $575,000 $280,000
2020 $4,181 $398,677 $202,104 $196,573
2019 $4,107 $390,861 $198,142 $192,719
2018 $4,047 $383,198 $194,257 $188,941
2017 $3,912 $375,686 $190,449 $185,237
2016 $3,889 $368,320 $186,715 $181,605
2014 $3,783 $355,684 $180,309 $175,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3017

Santa Barbara Multiple Listing Service

APN: 029-311-002

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