NOT LISTED FOR SALE

Estimated Value: $1,057,000 - $1,235,000

2 Beds
1 Bath
903 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $850,000 $941 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,589/month

14 Days on Market

Highlights

  • 1-Story Property
  • Washington Elementary School Rated A
  • Heating System Mounted To A Wall or Window

About This Home

As of October 2021

East side Opportunity! Plenty of room to invest or bring your vision to life. 2 bedroom, 1 bath cottage with a very spacious backyard. Still boasts the 1920 charming Santa Barbara craftsman architecture ready for restoration. Currently occupied by a long time tenant, showings currently only held on Wednesday, September 15th between 10 and 2 by appointment. Property is zoned commercially. Located ideally to Milpas shopping, restaurants, East Beach directly between Coast Village or Downtown AND easy freeway access.

Last Agent to Sell the Property

Hitchcock & Associates

Compass License #01932289 Listed on: 09/07/2021

Compass

Last Buyer's Agent

Andrew Rose

Keller Williams Realty Santa Barbara License #01889216

Keller Williams Realty Santa Barbara

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned C-2

Parking

  • Open Parking

Interior Spaces

  • 903 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • City Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 031-233-005

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: Take Milpas to Cota. Turn left, home is on left.
  • Prop. Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Home/Estate
  • Unit Levels: Single Story
  • Property Information Year Built2: 1925
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.11
  • NeighborhoodSchools Elementary School: Washington
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • ParkingGarage Unc #22: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Other
  • Acres: 0.11

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2

Utilities

  • Heating: Wall
  • HeatingYN: Yes
  • Water Source: SB Wtr

Schools

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

Lot Info

  • Parcel #: 031-233-005
  • Zoning: C-2
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Melendres Cruz Raul
Bought by
Melero Victoria
Current Estimated Value
$1,110,219

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 1, 2021
Sold by
Melendres Cruz Raul
Bought by
Melero Victoria
Seller's Agent
Hitchcock & Associates
Compass
Buyer's Agent
Andrew Rose
Keller Williams Realty Santa Barbara
List Price
$849,500
Sold Price
$850,000
Premium/Discount to List
$500
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$98,000
Interest Rate
8%

Purchase Details

Closed on
Oct 11, 1996
Sold by
Stronach Ronald E and Famil Silva Stronach
Bought by
Silva Mark A

Purchase Details

Closed on
May 19, 1995
Sold by
Silva Barbara E and Stronach Barbara E
Bought by
Stronach Ronald E
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
Melero Victoria -- First American Title
Melero Victoria -- First American Title
Melero Victoria -- Lawyers Title
Melero Victoria $850,000 Lawyers Title
Silva Mark A -- --
Stronach Ronald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melero Victoria $98,000
Previous Owner Melero Victoria $637,500
Closed Melero Victoria $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $850,000 +0.1% $941 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $849,500 -- $941 / 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 $9,391 $902,026 $742,845 $159,181
2023 $9,391 $867,000 $714,000 $153,000
2022 $9,062 $850,000 $700,000 $150,000
2021 $607 $53,650 $37,373 $16,277
2020 $600 $53,101 $36,990 $16,111
2019 $590 $52,061 $36,265 $15,796
2018 $581 $51,041 $35,554 $15,487
2017 $562 $50,041 $34,857 $15,184
2016 $639 $49,061 $34,174 $14,887
2014 $624 $47,379 $33,002 $14,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3357

Santa Barbara Multiple Listing Service

APN: 031-233-005