M
Seller's Agent in 2024
Mitch Stark
Berkshire Hathaway HomeServices California Properties
(805) 969-5026
1 in this area
74 Total Sales
928 Garden St Santa Barbara, CA 93101
Laguna NeighborhoodEstimated Value: $1,655,194
--
Bed
1
Bath
--
Sq Ft
3,484
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Central Air
- Santa Barbara Senior High School Rated A-
About This Home
As of May 2024Short Term Vacation Rental property wonderfully located near the corner of Carrillo and Garden St.
This 4-unit property enjoys extraordinary Riviera and mountain views from the large upstairs decks and offers parking for 4 cars.
The property is currently in the permitting process for final approvals. COE subject to approved plans by the City for 4 short term vacation rentals. A great opportunity in the perfect location!
Property is currently used as an office building with permit with the City for change of use to residential.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01196532 Listed on: 10/11/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01317331/ 01930699
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,275
Year Built
- Built in 1962
Lot Details
- 3,484 Sq Ft Lot
- Property is in good condition
Parking
- Open Parking
Flooring
- Wood
- Vinyl Plank
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- 2-Story Property
- Deck
- Central Air
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 029-301-042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
May 1, 2024
Sold by
Mahboob Ray
Bought by
Zhang Qiang
Seller's Agent
Mitch Stark
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lisa Lee Associates
Berkshire Hathaway HomeServices California Properties
List Price
$1,995,000
Sold Price
$1,700,000
Premium/Discount to List
-$295,000
-14.79%
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,806
Avg. Annual Appreciation
-2.13%
Original Mortgage
$700,000
Outstanding Balance
$691,313
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$963,881
Purchase Details
Closed on
Mar 7, 2024
Sold by
Cao Xu
Bought by
Zhang Qiang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$691,313
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$963,881
Purchase Details
Closed on
May 6, 2016
Sold by
Colin J W
Bought by
Mahboob Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 2005
Sold by
Buchanan Thomas B and Buchanan Peggy M
Bought by
Colin J W and Colin Susanne M
Purchase Details
Closed on
Jun 30, 1999
Sold by
314 Jackson and 314 Jackson
Bought by
Buchanan Thomas B and Buchanan Peggy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.7%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Qiang | $1,700,000 | Fidelity National Title Compan | |
| Zhang Qiang | -- | Fidelity National Title Compan | |
| Mahboob Ray | $1,200,000 | Fidelity National Title Co | |
| Colin J W | -- | First American Title Company | |
| Buchanan Thomas B | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhang Qiang | $700,000 | |
| Previous Owner | Ray Mahboob | $645,000 | |
| Previous Owner | Mahboob Ray | $900,000 | |
| Previous Owner | Buchanan Thomas B | $300,000 | |
| Previous Owner | Buchanan Thomas B | $150,000 | |
| Previous Owner | Buchanan Thomas B | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $1,700,000 | -14.8% | -- |
| 02/13/2024 02/13/24 | Pending | -- | -- | -- |
| 10/10/2023 10/10/23 | For Sale | $1,995,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $13,275 | $1,734,000 | $933,300 | $800,700 |
| 2023 | $13,275 | $1,248,000 | $676,000 | $572,000 |
| 2022 | $13,068 | $1,224,000 | $663,000 | $561,000 |
| 2021 | $12,766 | $1,200,000 | $650,000 | $550,000 |
| 2020 | $13,811 | $1,298,917 | $703,580 | $595,337 |
| 2019 | $13,570 | $1,273,449 | $689,785 | $583,664 |
| 2018 | $13,378 | $1,248,480 | $676,260 | $572,220 |
| 2017 | $12,936 | $1,224,000 | $663,000 | $561,000 |
| 2016 | $12,649 | $1,200,000 | $650,000 | $550,000 |
| 2015 | $13,441 | $1,271,000 | $693,000 | $578,000 |
| 2014 | $12,266 | $1,155,000 | $630,000 | $525,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2024
Lisa Lee Associates
Berkshire Hathaway HomeServices California Properties
(805) 451-7722
1 in this area
6 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-3068
APN: 029-301-042
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