Seller's Agent in 2024
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
15 in this area
94 Total Sales
948 Camino Del Sur Goleta, CA 93117
--
Bed
--
Bath
3,439
Sq Ft
10,018
Sq Ft Lot
About This Home
As of September 2024100% Leased for 2024/2025 School Year! Wonderfully maintained and updated student housing asset in the heart of Isla Vista consisting of three separate structures. This asset is only a short walk to the beach and IV's popular eateries while being blocks away from UCSB's campus. Nestled conveniently on the corner of Camino Del Sur and Pasado Road, these houses offer a combined ten bedrooms and six full baths. Tenants enjoy the convenience of off street parking and a private front yard. The property has recently been outfitted with new roofs and windows. The original structure includes two houses positioned at the rear of the lot, while a new front house, added as an ADU in September 2023, completes the trio.
Last Agent to Sell the Property
Radius Group Commercial R.E. License #00772218 Listed on: 05/21/2024
Last Buyer's Agent
Non Member Agent
Non Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,799
Year Built
- Built in 1960
Lot Details
- 10,018 Sq Ft Lot
Home Design
- 3,439 Sq Ft Home
Schools
- Isla Vista Elementary School
- Dos Pueblos High School
Community Details
- 3 Units
- Net Operating Income $196,420
Listing and Financial Details
- Assessor Parcel Number 075-102-024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2024
Closed on
Aug 9, 2024
Sold by
Edward St George Revocable Trust and St George Edward
Bought by
Laminar Ig Alpha Llc
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,200,000
Sold Price
$2,850,000
Premium/Discount to List
-$350,000
-10.94%
Views
28
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
$164,082
Avg. Annual Appreciation
4.28%
Purchase Details
Closed on
Sep 9, 2005
Sold by
St George Edward
Bought by
St George Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 15, 2004
Sold by
Stgeorge Edward
Bought by
Stgeorge Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 2002
Sold by
Stgeorge Edward and Stgeorge Ed
Bought by
Stgeorge Edward
Purchase Details
Closed on
Feb 20, 2001
Sold by
Stgeorge Ed
Bought by
Stgeorge Ed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.98%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 9, 1999
Sold by
Meldahl Camilla
Bought by
Stgeorge Ed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.63%
Purchase Details
Closed on
Aug 5, 1999
Sold by
Rossi Patrizio
Bought by
Stgeorge Ed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.63%
Purchase Details
Closed on
Aug 29, 1995
Sold by
Rossi Maria Luisa
Bought by
Rossi Patrizio
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,850,000 | First American Title | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Grant Deed | $375,000 | First American Title | |
| Interfamily Deed Transfer | -- | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $937,000 | Purchase Money Mortgage | |
| Previous Owner | $672,000 | New Conventional | |
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $232,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $2,850,000 | -10.9% | $829 / Sq Ft |
| 08/12/2024 08/12/24 | Pending | -- | -- | -- |
| 05/21/2024 05/21/24 | For Sale | $3,200,000 | -- | $931 / Sq Ft |
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 | $11,799 | $2,850,000 | $1,150,000 | $1,700,000 |
| 2023 | $11,799 | $553,966 | $369,315 | $184,651 |
| 2022 | $7,402 | $543,105 | $362,074 | $181,031 |
| 2021 | $7,263 | $532,457 | $354,975 | $177,482 |
| 2020 | $7,092 | $526,999 | $351,336 | $175,663 |
| 2019 | $6,974 | $516,667 | $344,448 | $172,219 |
| 2018 | $6,854 | $506,538 | $337,695 | $168,843 |
| 2017 | $6,703 | $496,607 | $331,074 | $165,533 |
| 2016 | $6,332 | $486,871 | $324,583 | $162,288 |
| 2014 | $6,205 | $470,166 | $313,446 | $156,720 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Golis
-
Mike Lopus
Seller Co-Listing Agent in 2024
Mike Lopus
Colliers International Greater Los Angeles, Inc.
(805) 518-1494
5 in this area
9 Total Sales
-
N
Buyer's Agent in 2024
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-1651
APN: 075-102-024
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