NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1967 Built

Sale Details

Date Sold: October 26, 2018

Last sale price $2,065,000

Highlights

  • Property is near public transit, schools, shops, and bus stop
  • Laundry Room
  • Property is in excellent condition
  • Isla Vista Elementary School Rated A
  • Forced Air Heating System
  • 2-minute walk to People's Park

About This Home

As of October 2018

Turn-key fully leased five unit apartment building only one lot from UCSB. Prime location.

Last Agent to Sell the Property

Erin Eamer

Pacific Group License #01338057 Listed on: 10/03/2018

Last Buyer's Agent

Brian Bailey

Central Coast Investments License #00680927

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Home Design

  • Slab Foundation

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Carport Spaces

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Additional Features

  • Laundry Room
  • Property is in excellent condition
  • Property is near public transit, schools, shops, and bus stop

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 075-171-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1967
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 10.0
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1967
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Other
  • Parking Info Carport2: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Carport Spaces2: 4.0
  • Parking Info Total # Unconvered Spaces: 6.0
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • HeatingCooling GFA: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 6.0
  • Parking Features: Carport, Uncovered
  • Total Parking Spaces: 10.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Schools

  • Elementary School: Isla Vista
  • High School: Other
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 075-171-016
  • Zoning: CLA

Multi Family

  • Number Of Units Total: 5

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
Oct 3, 2018
Closed on
Oct 11, 2018
Sold by
Bought by
Seller's Agent
Erin Eamer
Pacific Group
Buyer's Agent
Brian Bailey
Central Coast Investments
List Price
$2,300,000
Sold Price
$2,065,000
Premium/Discount to List
-$235,000
-10.22%

Purchase Details

Closed on
Apr 4, 2008
Sold by
Bought by

Purchase Details

Closed on
May 12, 2004
Sold by
Bought by

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
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 1999
Sold by
Bought by

Purchase Details

Closed on
May 14, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Isla Vista, CA

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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
$2,065,000 First American Title Co
-- None Available
-- First American Title Company
-- First American Title Company
-- First American Title
-- --
-- First American Title
-- First American Title
$645,000 First American Title
-- --
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 $1,800,000
Previous Owner $1,000,000
Previous Owner $625,000
Previous Owner $100,000
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
10/26/2018 10/26/18 Sold $2,065,000 -10.2% --
10/03/2018 10/03/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $2,300,000 -- --
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 $28,466 $2,349,612 $929,604 $1,420,008
2025 $27,476 $2,303,542 $911,377 $1,392,165
2023 $27,476 $2,214,094 $875,988 $1,338,106
2022 $25,939 $2,170,681 $858,812 $1,311,869
2021 $25,495 $2,128,120 $841,973 $1,286,147
2020 $24,857 $2,106,300 $833,340 $1,272,960
2019 $24,424 $2,065,000 $817,000 $1,248,000
2018 $26,000 $2,217,974 $874,693 $1,343,281
2017 $25,482 $2,174,486 $857,543 $1,316,943
2016 $24,659 $2,131,850 $840,729 $1,291,121
2015 $24,342 $2,099,829 $828,101 $1,271,728
2014 -- $2,058,697 $811,880 $1,246,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3595

Santa Barbara Multiple Listing Service
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