Larry Krogh
LIV Sotheby's International Realty
(805) 586-9558
131 Total Sales
2 in Lower Riviera
$2,250,000 Price Range
970 E Carrillo Rd Santa Barbara, CA 93103
Lower Riviera NeighborhoodEstimated Value: $2,420,651
Studio
--
Bath
--
Sq Ft
0.27
Acre Lot
Highlights
- Property is near an ocean
- Property is near public transit, schools, shops, and bus stop
- Wood Flooring
- Franklin Elementary School Rated A-
About This Home
As of February 2019Rock solid four unit investment property at the base of the Santa Barbara Riviera.
Never before on the market, this exceptionally well built and well maintained property was originally constructed by the current owner in the early 1970's. Consisting of two large two unit buildings on a large, approximately 12,000sqft lot, with 7 off-street parking spaces (4 covered spaces, each with storage, as well as 3 uncovered spaces), this trophy property is the epitome of a mid-sized buy-and-hold property here in Santa Barbara.
Built from concrete block, roofed with Spanish tile, and floored predominantly in tile, terrazzo and natural stone, the first thing that comes to mind when viewing the property is durability. Classic sandstone walls adorn the northern portion of the lot and give it an old world feel. Once inside, the large, two story units have a decidedly mid-century modern aesthetic. All in a wonderful, in-town location near the Santa Barbara County Bowl.
Don't miss this opportunity to be the next long term owner of this legacy investment property.
Last Agent to Sell the Property
Village Properties License #01468842 Listed on: 07/17/2018
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01245644
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 11,761 Sq Ft Lot
- Property is in good condition
Home Design
- Slab Foundation
Interior Spaces
- 2-Story Property
- Stove
Flooring
- Wood
- Stone
- Tile
Laundry
- Laundry in unit
- Washer
Parking
- 7 Parking Spaces
- 4 Carport Spaces
- 3 Open Parking Spaces
Schools
- Franklin Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Individual Gas Meter
Additional Features
- Property is near an ocean
- Property is near public transit, schools, shops, and bus stop
Community Details
- 4 Units
- 15 Riviera/Lower Subdivision
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 029-316-019
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 17, 2018
Closed on
Apr 9, 2019
Sold by
Bought by
Seller's Agent
James Krautmann
Village Properties
Buyer's Agent
Ken Switzer
Berkshire Hathaway HomeServices California Properties
List Price
$2,100,000
Sold Price
$1,840,000
Premium/Discount to List
-$260,000
-12.38%
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
$580,651
Avg. Annual Appreciation
3.75%
Purchase Details
Listed on
Jul 17, 2018
Closed on
Feb 20, 2019
Sold by
Bought by
Seller's Agent
James Krautmann
Village Properties
Buyer's Agent
Ken Switzer
Berkshire Hathaway HomeServices California Properties
List Price
$2,100,000
Sold Price
$1,840,000
Premium/Discount to List
-$260,000
-12.38%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lower Riviera, CA
-
Larry Krogh
-
Janice Laney
Janice Laney
Keller Williams Santa Barbara
(805) 865-7385
31 Total Sales
3 in Lower Riviera
$1.6M - $2.6M Price Range
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
1 in Lower Riviera
$2,650,000 Price
-
Colleen Beall
Colleen Beall
Compass
(805) 243-1083
31 Total Sales
3 in Lower Riviera
$1.7M - $3.7M Price Range
-
Linda Parizo
Linda Parizo
Coldwell Banker Realty
(805) 918-8290
46 Total Sales
2 in Lower Riviera
$1,601,928 Price Range
-
Valerie Menke
Valerie Menke
Berkshire Hathaway HomeService
(805) 549-5997
24 Total Sales
2 in Lower Riviera
$2,128,000 Price Range
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 |
|---|---|---|---|
| -- | None Available | ||
| $1,840,000 | Fidelity National Title Co |
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 |
|---|---|---|---|---|
| 02/22/2019 02/22/19 | Sold | $1,840,000 | -12.4% | -- |
| 01/28/2019 01/28/19 | Pending | -- | -- | -- |
| 07/17/2018 07/17/18 | For Sale | $2,100,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2026 | $21,627 | $2,087,911 | $881,815 | $1,206,096 |
| 2025 | $21,257 | $2,046,973 | $864,525 | $1,182,448 |
| 2023 | $21,257 | $1,972,850 | $830,955 | $1,141,895 |
| 2022 | $20,569 | $1,934,167 | $814,662 | $1,119,505 |
| 2021 | $20,098 | $1,896,243 | $798,689 | $1,097,554 |
| 2020 | $19,891 | $1,876,800 | $790,500 | $1,086,300 |
| 2019 | $2,160 | $199,960 | $57,117 | $142,843 |
| 2018 | $2,129 | $196,041 | $55,998 | $140,043 |
| 2017 | $2,059 | $192,198 | $54,900 | $137,298 |
| 2016 | $2,092 | $188,430 | $53,824 | $134,606 |
| 2014 | $2,037 | $181,966 | $51,978 | $129,988 |
Source: Public Records
Agents Affiliated with this Home
-
James Krautmann
J
Seller's Agent in 2019
James Krautmann
Village Properties
(805) 451-4527
26 Total Sales
-
Ken Switzer
Buyer's Agent in 2019
Ken Switzer
Berkshire Hathaway HomeServices California Properties
(805) 680-4622
4 in this area
100 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 18-2591
APN: 029-316-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
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