NOT LISTED FOR SALE

Lompoc, CA 93436

Estimated Value: $711,702 - $896,000

9 Beds
8 Baths
3,865 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 24, 2013

Last sale price $475,000 $123 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,714/month

14 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • 2-minute walk to Barkin Park
  • Patio

About This Home

As of December 2013

Four unit Complex next to downtown shopping and facilities. Well Maintained units inside with gardening services being utilized. Live in one unit while collecting rent from the remainder. Please contact your real estate agent in reference to this property.

Last Agent to Sell the Property

Francine Silva

Central Coast Realty Group LV Listed on: 11/07/2013

Last Buyer's Agent

Katy Cope

Central Coast Realty Group LV

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,865 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 4 Units
  • Operating Expense $5,000

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for cable TV, electricity, gas, move in fee, trash collection
  • The owner pays for gardener, water
  • Assessor Parcel Number 089-320-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • FILLACRES: 0.21
  • ApproxYrBlt: 1986
  • Directions To Property: Ocean Avenue West onto Barton Avenue. Going North on North O Street take a right onto Barton Avenue and your first right onto Summerwood Lane then veer left to 708 Summerwood Lane.
  • Listing Member Name: Francine M Silva
  • Listing Office Short Id: 3769
  • List Office Board Code: Lompoc Valley
  • Lot Size Sq Ft: 9148.00
  • Major Area: 60 - Lompoc
  • Open House Office I D: 20170308161117342815000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: lv01763834
  • Selling Office Short Id: 3769
  • Building Stories: 2
  • Tract Suffix: Lane
  • OFFICELIST_ZIP4: 3372
  • Unit Levels: Two
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Street Lights
  • Income And Expenses Annual Operating Exp: 5000.00
  • Landlord Pays: Gardener, Water
  • Special Features: None
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Lower Floor 1 Half Bathrooms: 3
  • Total Bathrooms: 8.00
  • Total Bedrooms: 9
  • Laundry: In Each Unit, Washer/Dryer Hookup

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Fenced Yard, Patio, Yard Sprinklers
  • Foundation: Slab
  • Roof: Concrete, Tile

Garage/Parking

  • Parking: 6 - 10

Utilities

  • Air Conditioner: None
  • Heating: Forced Air
  • Separate Meters: Electric, Gas

Lot Info

  • Lot Characteristics: Other
  • Zoning Description: Res Multi-Family

Rental Info

  • Deposit: 5000.00
  • Tenant Pays: Cable TV, Electricity, Gas, Move In Fee, Trash Collection

Tax Info

  • Assessor Parcel Number: 089-320-006

Multi Family

  • Annual Operating Expense: Insurance, Management, PRP Tx/Assessment, Utilities, Vacancy Fact, Water/Sewer
  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2013
Closed on
Dec 3, 2013
Sold by
Bowdoin John
Bought by
Vetter Donald G and Vetter Susan C
Seller's Agent
Francine Silva
Central Coast Realty Group LV
Buyer's Agent
Katy Cope
Central Coast Realty Group LV
Sold Price
$475,000
Current Estimated Value
$798,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,676
Avg. Annual Appreciation
4.42%
Original Mortgage
$356,250
Outstanding Balance
$265,430
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$533,246

Purchase Details

Closed on
Jun 6, 2001
Sold by
Pacific Real Estate Investments
Bought by
Bowdoin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 5, 2001
Sold by
Kim Albert W and Kim Ann B Y
Bought by
Pacific Real Estate Investment

Purchase Details

Closed on
May 30, 2000
Sold by
Albert W & Ann B Y Liv Tr Kim Albert W & Ann
Bought by
Kim Albert W and Kim Ann B Y

Purchase Details

Closed on
Jul 18, 1995
Sold by
Kim Albert W and Kim Ann B Y
Bought by
Kim Albert W and Kim Ann B Y
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vetter Donald G $475,000 Fidelity National Title Co
Bowdoin John $350,000 Chicago Title Co
Pacific Real Estate Investment -- Chicago Title Co
Kim Albert W -- Chicago Title Co
Kim Albert W -- --
Kim Albert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vetter Donald G $356,250
Previous Owner Bowdoin John $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2013 12/24/13 Sold $475,000 -- $123 / 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 $6,348 $582,276 $104,194 $478,082
2023 $6,348 $559,667 $100,149 $459,518
2022 $6,239 $548,694 $98,186 $450,508
2021 $6,309 $537,936 $96,261 $441,675
2020 $6,242 $532,421 $95,274 $437,147
2019 $6,140 $521,982 $93,406 $428,576
2018 $6,046 $511,748 $91,575 $420,173
2017 $5,936 $501,715 $89,780 $411,935
2016 $5,829 $491,878 $88,020 $403,858
2014 $5,705 $475,000 $85,000 $390,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Francine Silva

    Central Coast Realty Group LV

  • K

    Buyer's Agent in 2013

    Katy Cope

    Central Coast Realty Group LV

See All Agents

Source: North Santa Barbara County Regional MLS

MLS Number: 1038840

North Santa Barbara County Regional MLS

APN: 089-320-006

California Santa Barbara County Lompoc

93436

Not Listed for Sale

MultiFamily

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.

North Santa Barbara County Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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