NOT LISTED FOR SALE

Estimated Value: $889,000 - $997,000

Studio
-- Baths
-- Sq Ft
6,224 Sq Ft Lot

Sale Details

Date Sold: October 31, 2016

Last sale price $630,000

Est. 49% increase in value since last sale

Current estimated payment $5,807 / mo

63 Days on Market

Highlights

  • Property is near park
  • 4 Car Garage
  • 1-minute walk to Chumash Park
  • Forced Air Heating System
  • Carpet

About This Home

As of October 2016

This legal single level duplex is located on a quiet Cul De Sac close to the Chumash Park.Each unit has 2 BD/1.5 BA, private fenced yard and their own attached direct access 2 car garage with full laundry hook-ups. In the past year owner put in $42,000 in upgrades. Long term tenants would like to stay.

Last Agent to Sell the Property

Rose Van Schaik

Berkshire Hathaway HomeServices California Properties License #00782017 Listed on: 07/25/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non Member Agent

Non Member Office

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 6,224 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Car Garage

Home Design

  • Slab Foundation

Additional Features

  • Carpet
  • Laundry in unit
  • Property is near park
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 087-0-121-295

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Water Sewer Expense $170
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

6,224 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1973
  • Income Expenses Annual Income: 38400.0
  • Monthly Income: 3200.0
  • Income Expenses Water Expense: 170.0
  • Miscellaneous Parking Spaces: 4.0
  • ResoLaundryFeatures: In Unit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1973
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Condo:Laundry in Unit: Yes
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • Property Information Apx Lot SqFt: 6224.0
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Gar #43: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.14
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garages, Gar #4
  • Total Parking Spaces: 4.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Fee Information

  • Annual Water Sewer Expense: 170.0

Schools

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

Lot Info

  • Parcel #: 087-0-121-295
  • Zoning: R-2
  • Lot Size Sq Ft: 6224.0

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400.0
  • Total Actual Rent: 3200.0

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
Jul 25, 2016
Closed on
Oct 7, 2016
Sold by
Schwarz Ryan and Schwarz Katie
Bought by
Seller's Agent
Rose Van Schaik
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Current Estimated Value
$938,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,288
Avg. Annual Appreciation
4.13%
Original Mortgage
$472,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2015
Sold by
Reiher Virginia
Bought by
Schwarz Ryan and Schwarz Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2005
Sold by
Reiher Virginia
Bought by
Reiher Edward W and Reiher Virginia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 20, 2003
Sold by
Reiher Edward W and Reiher Virginia K
Bought by
Reiher Virginia and The Virginia Reiher Living Trust

Purchase Details

Closed on
Sep 26, 2002
Sold by
Reiher Virginia K
Bought by
Reiher Edward W and Reiher Virginia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,750
Interest Rate
5.41%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Reiher Virginia K and Reiher Edward W
Bought by
Reiher Virginia K

Purchase Details

Closed on
Oct 28, 1998
Sold by
Reiher Edward W
Bought by
Reiher Virginia K
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$630,000 Chicago Title Company
Schwarz Ryan $560,000 Fidelity National Title
Reiher Edward W -- Fidelity National Title Co
Reiher Virginia -- Fidelity National Title Co
Reiher Virginia -- --
Reiher Edward W -- Stewart Title Company
Reiher Virginia K -- American Title Co
Reiher Virginia K -- American Title Co
Reiher Edward W -- American Title Co
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 $445,990
Closed Hebert Matthew R $472,500
Previous Owner Schwarz Ryan $420,000
Previous Owner Reiher Edward W $475,000
Previous Owner Reiher Edward W $269,750
Previous Owner Reiher Virginia K $39,000
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
10/31/2016 10/31/16 Sold $630,000 -9.9% --
09/26/2016 09/26/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $699,000 -- --
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
2025 $7,865 $731,163 $557,079 $174,084
2024 $7,865 $716,827 $546,156 $170,671
2023 $7,777 $702,772 $535,447 $167,325
2022 $7,227 $688,993 $524,948 $164,045
2021 $7,103 $675,484 $514,655 $160,829
2020 $7,038 $668,560 $509,379 $159,181
2019 $6,910 $655,452 $499,392 $156,060
2018 $6,794 $642,600 $489,600 $153,000
2017 $6,669 $630,000 $480,000 $150,000
2016 $6,041 $568,540 $426,405 $142,135
2015 $2,001 $180,875 $56,516 $124,359
2014 $1,974 $177,334 $55,410 $121,924
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-2485

Santa Barbara Multiple Listing Service

APN: 087-0-121-295

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