NOT LISTED FOR SALE

Estimated Value: $1,046,000 - $1,800,000

4 Beds
4 Baths
2,064 Sq Ft
$700/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $825,000 $400 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,870/month

180 Days on Market

Highlights

  • Covered Patio or Porch
  • Fenced Yard
  • Ceiling Fan
  • Goleta Valley Junior High School Rated A
  • Double Pane Windows
  • Level Lot

About This Home

As of January 2016

Desirable Old Town Goleta Fourplex in move-in immaculate condition. Great central downtown Goleta location near shopping, public transportation, UCSB, medical facilities and many large employers. This property features two duplex buildings originally built in the 1930s. Front duplex is single story with fenced patios. Laundry areas. Rear two story duplex includes storage building, upstairs deck and patio downstairs. Crushed granite driveway and parking area. Updated and remodeled kitchens, bathrooms, flooring, windows and paint. Front unit is largest with spacious remodeled kitchen, instant hot water heater, spa tub and more. Great opportunity for first time investor. Information deemed reliable,however, not guaranteed and subject to change. Buyers encouraged to check with City of Goleta f

Last Agent to Sell the Property

Cynthia DePriest

CHAMPION Real Estate Listed on: 06/17/2015

Last Buyer's Agent

SM Non Member

Non member Santa Maria

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,937

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Fenced
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Phone Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for electricity, gardener, gas, trash collection, water
  • Assessor Parcel Number 071-061-007

Community Details

Overview

  • 4 Units
  • 12-Story Property

Building Details

  • Operating Expense $8,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,937

Year Built

Built in 1930

Lot Details

0

Listing Details

  • FILLACRES: 0.13
  • ApproxYrBlt: 1930
  • Directions To Property: From Fairview or Patterson to Hollister to Tecolote.
  • Listing Member Name: Cynthia DePriest
  • Listing Office Short Id: 2691
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 5663.00
  • Major Area: 99 - Out of Area
  • Open House Office I D: 20170308161102823087000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 2850
  • Selling Office Short Id: 2956
  • Building Stories: 12
  • Tract Suffix: Avenue
  • OFFICELIST_ZIP4: 3471
  • Unit Levels: One, Two
  • Geen Feat.: Curbs/Gutter, Paved Streets, Sidewalks, Street Lights, Telephone
  • Income And Expenses Annual Operating Exp: 8120.00
  • Income And Expenses Cap Rate: 6.73
  • Landlord Pays: Electricity, Gardener, Gas, Trash Collection, Water
  • Special Features: None
  • Stories: 12
  • Year Built: 1930

Interior Features

  • Total Bathrooms: 4.00
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Dual Pn Windows
  • Laundry: Other, Washer/Dryer Hookup

Exterior Features

  • Additional Buildings: Other
  • Exterior: Vinyl Siding
  • Exterior Features: Fenced, Fenced Yard, Patio, Patio Covered
  • Foundation: Raised
  • Roof: Composition, Shingle

Garage/Parking

  • Parking: 1 - 5, Street

Utilities

  • Air Conditioner: Ceiling Fans
  • Heating: Wall Furnace
  • Separate Meters: Electric, Gas

Lot Info

  • Lot Characteristics: Level
  • Zoning Description: Res Multi-Family, Residential

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Assessor Parcel Number: 071-061-007

Multi Family

  • Annual Operating Expense: Accounting, Electricity, Gas, Insurance, Legal, Maintenance, PRP Tx/Assessment, Trash, Utilities, Vacancy Fact, Water/Sewer
  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Dec 23, 2015
Sold by
Cameron Guadalupe M and Vega Maxine
Bought by
Castello Christopher J and Castello Dana L
Seller's Agent
Cynthia DePriest
CHAMPION Real Estate
Buyer's Agent
SM Non Member
Non member Santa Maria
Sold Price
$825,000
Current Estimated Value
$1,445,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,299
Avg. Annual Appreciation
4.97%
Original Mortgage
$618,750
Interest Rate
3.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2010
Sold by
Vega Maxine
Bought by
Vega Maxine

Purchase Details

Closed on
Apr 10, 2008
Sold by
Cameron Guadalupe M
Bought by
Cameron Guadalupe M and Guadalupe & Mercedes Grace Perez Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,700
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2008
Sold by
Cameron Guadalupe M
Bought by
Cameron Guadalupe M

Purchase Details

Closed on
Apr 12, 1999
Sold by
Perez Guadalupe J and Grace Mercedes
Bought by
Perez Mercedes Grace and Cameron Guadalupe
Source: Public Records

Range of Values:

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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
Castello Christopher J $825,000 First American Title Company
Vega Maxine -- None Available
Cameron Guadalupe M -- None Available
Cameron Guadalupe M -- Fidelity National Title Co
Cameron Guadalupe M -- None Available
Perez Mercedes Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castello Christopher J $618,750
Previous Owner Cameron Guadalupe M $206,700
Previous Owner Perez Mercedes Grace $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $825,000 -- $400 / Sq Ft
Source: North Santa Barbara County Regional MLS

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 $11,937 $976,625 $503,109 $473,516
2023 $11,937 $938,704 $483,574 $455,130
2022 $11,595 $920,299 $474,093 $446,206
2021 $11,428 $902,255 $464,798 $437,457
2020 $11,166 $893,005 $460,033 $432,972
2019 $10,990 $875,496 $451,013 $424,483
2018 $10,748 $858,330 $442,170 $416,160
2017 $10,552 $841,500 $433,500 $408,000
2016 $2,439 $82,094 $25,245 $56,849
2015 $2,428 $80,862 $24,866 $55,996
2014 $2,496 $79,279 $24,379 $54,900
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 1056446

North Santa Barbara County Regional MLS

APN: 071-061-007