NOT LISTED FOR SALE

Estimated Value: $434,097 - $574,000

3 Beds
2 Baths
796 Sq Ft
$634/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $250,000 $314 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,918/month

66 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2013

Great investment opportunity or mix use owner/tenant. Seller states 401 (2/1) remodeled & 403 (3/2) newly built 2007. Seller's states last historical rents were $1050 for 401 F & $1150 for 403 F St.

Last Agent to Sell the Property

John Frederick

Santa Ynez Valley Real Estate License #00696297 Listed on: 05/13/2013

Last Buyer's Agent

Tren Clark

RE/MAX MISSION REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Parking

  • Alley Access

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 796 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Phone Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 087-243-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • FILLACRES: 0.15
  • ApproxYrBlt: 1948
  • Directions To Property: Ocean to N F ST or H to S Laurel
  • Listing Member Name: John Frederick
  • Listing Office Short Id: 201000032
  • List Office Board Code: Santa Ynez Valley
  • Lot Size Sq Ft: 6534.00
  • Major Area: 60 - Lompoc
  • Open House Office I D: 20170308161130873574000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 7161
  • Selling Office Short Id: 3784
  • Building Stories: 1
  • Tract Suffix: Street
  • OFFICELIST_ZIP4: 5313
  • Unit Levels: One
  • Geen Feat.: Curbs/Gutter, Paved Streets, Sidewalks, Telephone
  • Special Features: 12
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Street Number Modifier: 403
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Laundry: In Each Unit

Exterior Features

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

Utilities

  • Air Conditioner: None
  • Heating: Forced Air

Lot Info

  • Lot Characteristics: Alley, Corner
  • Zoning Description: Multi-Fam R2

Rental Info

  • Deposit: 3.00

Tax Info

  • Assessor Parcel Number: 087-243-015

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 16, 2013
Sold by
Sorenson Todd
Bought by
Arevalos Adam
Seller's Agent
John Frederick
Santa Ynez Valley Real Estate
Buyer's Agent
Tren Clark
RE/MAX MISSION REALTY
Sold Price
$250,000
Current Estimated Value
$504,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,524
Avg. Annual Appreciation
5.80%
Original Mortgage
$245,471
Outstanding Balance
$177,204
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$327,320

Purchase Details

Closed on
Oct 13, 2006
Sold by
Sorenson Kelli
Bought by
Sorenson Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2003
Sold by
Barreras Fidel L and Barreras Linda A
Bought by
Sorenson Todd
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
Arevalos Adam $250,000 Chicago Title Company
Sorenson Todd A -- Chicago Title Company
Sorenson Todd $100,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arevalos Adam $245,471
Previous Owner Sorenson Todd A $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $250,000 -- $314 / 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 $3,349 $306,454 $91,934 $214,520
2023 $3,349 $294,556 $88,365 $206,191
2022 $3,291 $288,782 $86,633 $202,149
2021 $3,327 $283,121 $84,935 $198,186
2020 $3,292 $280,219 $84,065 $196,154
2019 $3,238 $274,725 $82,417 $192,308
2018 $3,188 $269,339 $80,801 $188,538
2017 $3,130 $264,059 $79,217 $184,842
2016 $3,074 $258,882 $77,664 $181,218
2014 $3,009 $250,000 $75,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 196543

North Santa Barbara County Regional MLS

APN: 087-243-015