NOT LISTED FOR SALE

Estimated Value: $1,061,904 - $1,225,000

6 Beds
6 Baths
3,958 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $925,000 $234 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,698/month

11 Days on Market

About This Home

As of October 2021

Well-maintained, fully leased Triplex in North East Santa Maria. All three tenants have been long term and would like to stay.Each unit has 2 large bedrooms, 2 full bathroom and an indoor laundry room. Unit A and B have an oversized L-shaped living room and approximately 1,485 sq. ft. each. Unit C (pictured) has been updated with a wood plank style laminate floors throughout and is approximately 988 sq. ft.. There are two 2-car garages with alley access and there is additional space for parking in front of the garages as well as tandem parking in the long driveway accessed from Tunnell St. Excellent income potential.

Last Agent to Sell the Property

Keith Silva

Comet Realty License #01335779 Listed on: 08/05/2021

Last Buyer's Agent

Sammy Robinson

Robinson Property Company License #01355003

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,558

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,958 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 3 Units
  • Operating Expense $11,817

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 121-162-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,558

Year Built

Built in 1977

Lot Details

0

Listing Details

  • FILLACRES: 0.17
  • ApproxYrBlt: 1977
  • Listing Member Name: Keith Silva
  • Listing Office Short Id: 67
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 7405.00
  • Major Area: 14 - SM Northeast
  • Open House Office I D: 20170308161024534057000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 1000924
  • Selling Office Short Id: 4411
  • Tract Suffix: Street
  • Unit Levels: Two
  • Income And Expenses Annual Operating Exp: 11817.00
  • Landlord Pays: Trash Collection, Water
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Laundry: In Each Unit

Exterior Features

  • Exterior: Stucco
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Garage

Utilities

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

Rental Info

  • Deposit: 3.00
  • Tenant Pays: Electricity, Gas

Tax Info

  • Assessor Parcel Number: 121-162-004

Multi Family

  • Annual Operating Expense: Insurance, Management, Trash, Water/Sewer
  • Total Number Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 24, 2021
Sold by
Finn Matthew
Bought by
Ramirez Maria Hilda and Alvarez Miguel Ramirez
Seller's Agent
Keith Silva
Comet Realty
Buyer's Agent
Sammy Robinson
Robinson Property Company
Sold Price
$925,000
Current Estimated Value
$1,109,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,476
Avg. Annual Appreciation
4.59%
Original Mortgage
$647,500
Outstanding Balance
$587,891
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$521,585

Purchase Details

Listed on
May 8, 2012
Closed on
Nov 28, 2012
Sold by
Santiago Aurora
Bought by
Finn Matthew
Seller's Agent
Jean Studer
BHGRE Haven Properties
Buyer's Agent
Sandy Brantingham
BHGRE Haven Properties
Sold Price
$432,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$417,000
Interest Rate
3.33%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2000
Sold by
Aurora Santiago
Bought by
Santiago Aurora

Purchase Details

Closed on
Apr 8, 1999
Sold by
Cook Wade P and Cook Kathryn J
Bought by
Santiago Aurora

Purchase Details

Closed on
Apr 7, 1999
Sold by
Santiago Pedro
Bought by
Santiago Aurora
Source: Public Records

Range of Values:

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Average Value
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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
Ramirez Maria Hilda $925,000 First American Title
Finn Matthew $432,000 First American Title Company
Santiago Aurora -- --
Santiago Aurora $265,000 Chicago Title Co
Santiago Aurora -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Maria Hilda $647,500
Previous Owner Finn Matthew $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $925,000 +114.1% $234 / Sq Ft
11/30/2012 11/30/12 Sold $432,000 -- $86 / Sq Ft View Prior Sale
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 $10,558 $981,617 $265,302 $716,315
2023 $10,558 $943,500 $255,000 $688,500
2022 $10,214 $925,000 $250,000 $675,000
2021 $5,399 $491,458 $113,762 $377,696
2020 $5,391 $486,420 $112,596 $373,824
2019 $5,330 $476,884 $110,389 $366,495
2018 $5,263 $467,534 $108,225 $359,309
2017 $5,206 $458,367 $106,103 $352,264
2016 $4,980 $449,380 $104,023 $345,357
2015 $4,902 $442,631 $102,461 $340,170
2014 -- $433,961 $100,454 $333,507
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 21001858

North Santa Barbara County Regional MLS

APN: 121-162-004