NOT LISTED FOR SALE

Estimated Value: $610,148 - $815,000

3 Beds
2 Baths
1,550 Sq Ft
$443/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $395,000 $255 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,105/month

196 Days on Market

About This Home

As of October 2018

Fantastic investment opportunity with the potential to yield approximately 7%, in the beautiful City of Santa Maria! The units are located close to City Hall, Santa Barbara Superior Court, Library, Mall, DMV, Shopping Centers, St. Mary's Church and school, Abel Maldonado youth Center, restaurants and Movie Theater. Units are also walking distance from public transportation. The front unit has a 2 car garage, 2 bedrooms and 1 bathroom. Rear unit has 1 bedroom, 1 bathroom and a 1 car garage, with alley access. Come see these units in beautiful Santa Maria. Seller may be willing to cooperate with a 203k for a FHA buyer.

Last Agent to Sell the Property

Manuel Ontiveros

P.B. & Associates License #02023890 Listed on: 03/14/2018

Last Buyer's Agent

Maria Guadalupe Gurrola

P.B. & Associates License #00616129

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 1975

Lot Details

  • 5,662 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Alley Access
  • On-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Phone Available

Community Details

  • 2 Units

Listing and Financial Details

  • Security Deposit $2,500
  • Assessor Parcel Number 125-074-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,692

Year Built

Built in 1975

Lot Details

0

Listing Details

  • FILLACRES: 0.13
  • ApproxYrBlt: 1975
  • Co Selling Member Short Id: 872
  • Directions To Property: From the 101. Head West on Main Street, Left on S. College, and right on Cook St.
  • Listing Member Name: Manuel 'Manny' Ontiveros
  • Listing Office Short Id: 160
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 5662.00
  • Major Area: 16 - SM Southeast
  • Open House Office I D: 20170308161026314088000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 3469
  • Selling Office Short Id: 160
  • Building Stories: 1
  • Tract Suffix: Street
  • OFFICELIST_ZIP4: 93454
  • Unit Levels: One
  • Geen Feat.: Curbs/Gutter, Paved Streets, Sidewalks, Street Lights, Telephone
  • Special Features: None
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Phone Wired
  • Laundry: Washer/Dryer Hookup

Exterior Features

  • Exterior: Stucco
  • Foundation: Raised
  • Roof: Flat, Tile

Garage/Parking

  • Parking: 1 - 5, Garage, Street

Utilities

  • Air Conditioner: None
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Hot Water: Public
  • Separate Meters: Electric, Gas

Lot Info

  • Lot Characteristics: Alley
  • Zoning Description: Duplex/Triplex

Rental Info

  • Deposit: 2500.00
  • Sub Lease: No
  • Lease Term: Month To Month

Tax Info

  • Assessor Parcel Number: 125-074-007

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Oct 11, 2018
Sold by
Dennell Clifford R and Upham Grace C
Bought by
Cardona Heriberto Cardona
Seller's Agent
Manuel Ontiveros
P.B. & Associates
Buyer's Agent
Maria Guadalupe Gurrola
P.B. & Associates
Sold Price
$395,000
Current Estimated Value
$687,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,037
Avg. Annual Appreciation
7.63%
Original Mortgage
$387,845
Outstanding Balance
$342,989
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$311,697

Purchase Details

Closed on
Apr 9, 2009
Sold by
Dennell Clifford R and Upham Grace C
Bought by
Dennell Clifford R and Upham Grace C

Purchase Details

Closed on
Mar 26, 1999
Sold by
Dennell Clifford R and Dennell Raymond
Bought by
Dennell Clifford R and Upham Grace C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.94%

Purchase Details

Closed on
Oct 27, 1994
Sold by
Durham Cerena
Bought by
Durham David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,927
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1994
Sold by
Durham David H
Bought by
Dennell Clifford R and Dennell Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,927
Interest Rate
8.9%
Mortgage Type
FHA
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
Cardona Heriberto Cardona $395,000 First American Title Co
Dennell Clifford R -- None Available
Dennell Clifford R -- First American Title
Durham David H -- Continental Lawyers Title Co
Dennell Clifford R $125,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardona Heriberto Cardona $387,845
Previous Owner Dennell Clifford R $123,000
Previous Owner Dennell Clifford R $123,927
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $395,000 -- $255 / 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 $4,692 $440,623 $167,325 $273,298
2023 $4,692 $423,516 $160,829 $262,687
2022 $4,529 $415,213 $157,676 $257,537
2021 $4,407 $407,073 $154,585 $252,488
2020 $4,401 $402,900 $153,000 $249,900
2019 $4,428 $395,000 $150,000 $245,000
2018 $2,097 $184,506 $88,562 $95,944
2017 $2,073 $180,889 $86,826 $94,063
2016 $1,984 $177,343 $85,124 $92,219
2015 $1,952 $174,680 $83,846 $90,834
2014 -- $171,259 $82,204 $89,055
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 18000814

North Santa Barbara County Regional MLS

APN: 125-074-007