NOT LISTED FOR SALE

Estimated Value: $454,000 - $572,000

3 Beds
1 Bath
1,055 Sq Ft
$471/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $340,000 $322 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,818/month

101 Days on Market

Highlights

  • Floor Furnace
  • Wood Siding
  • 1-Story Property
  • Garage

About This Home

As of January 2018

This R-3 lot is perfect for the investor or individual interested in having rental property income. Older south side home with two units is in need of updates/repairs yet has incredible potential. To be sold in current condition. The lot has two APN numbers, but one legal description. Per the City the lot is not able to be split or sold separately. Seller requests Fidelity National Title.

Last Agent to Sell the Property

Dena Hardeman

Central Coast Realty Group LV Listed on: 08/05/2017

Last Buyer's Agent

Pamela Grant

Central Coast Realty Group LV

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Alley Access
  • On-Street Parking

Utilities

  • Floor Furnace
  • Separate Water Meter
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 085-163-010, 085-163-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • FILLACRES: 0.16
  • ApproxYrBlt: 1930
  • Directions To Property: Entering Lompoc from Highway 1 take Ocean Avenue West and turn left on South F Street.
  • Listing Member Name: Dena Hardeman
  • Listing Office Short Id: 3769
  • List Office Board Code: Lompoc Valley
  • Lot Size Sq Ft: 7000.00
  • Major Area: 60 - Lompoc
  • Open House Office I D: 20170308161117342815000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 201000298
  • Selling Office Short Id: 3769
  • Building Stories: 1
  • Tract Suffix: Street
  • OFFICELIST_ZIP4: 6814
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets
  • Special Features: None
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Total Bathrooms: 1.00
  • Total Bedrooms: 3

Exterior Features

  • Exterior: Wood Siding
  • Foundation: Raised
  • Roof: Shingle

Garage/Parking

  • Parking: Garage, Street

Utilities

  • Air Conditioner: Other
  • Heating: Floor Furnace
  • Sewer: Public Sewer
  • Hot Water: Public
  • Separate Meters: Water

Lot Info

  • Lot Characteristics: Alley
  • Zoning Description: Multi-Fam R3

Rental Info

  • Deposit: 5000.00

Tax Info

  • Assessor Parcel Number: 085-163-010, 085-163-011

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Romero Joaquin A and Romero Joaquin
Bought by
Romero Joaquin A and Romero Monica Y
Current Estimated Value
$496,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Outstanding Balance
$224,817
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$272,042

Purchase Details

Listed on
Aug 5, 2017
Closed on
Nov 6, 2017
Sold by
Hartmann Gregory J
Bought by
Romero Joaquin
Seller's Agent
Dena Hardeman
Central Coast Realty Group LV
Buyer's Agent
Pamela Grant
Central Coast Realty Group LV
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$255,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2017
Sold by
Romero Monica
Bought by
Romero Joaquin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2004
Sold by
Brady Patricia E and Morgan Kathleen L
Bought by
Hartmann Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2003
Sold by
Lower Elissa J
Bought by
Brady Patricia E and Morgan Kathleen J

Purchase Details

Closed on
Dec 5, 1997
Sold by
Lower Robert A & Elisa J
Bought by
Lower Robert A and Lower Elissa J
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
Romero Joaquin A -- Atlas Title Company
Romero Joaquin $340,000 First American Title Company
Romero Joaquin A -- First American Title Company
Hartmann Gregory J $455,000 Fidelity National Title
Brady Patricia E -- --
Lower Robert A -- --
Lower Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Joaquin A $249,000
Closed Romero Joaquin $255,000
Closed Romero Joaquin A $255,000
Previous Owner Hartmann Gregory J $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2018 01/03/18 Sold $340,000 -- $322 / 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 $2,443 $221,871 $68,267 $153,604
2023 $2,443 $213,258 $65,617 $147,641
2022 $2,400 $209,078 $64,331 $144,747
2021 $2,426 $204,979 $63,070 $141,909
2020 $2,400 $202,878 $62,424 $140,454
2019 $2,360 $198,900 $61,200 $137,700
2018 $2,324 $195,000 $60,000 $135,000
2017 $1,905 $166,000 $78,000 $88,000
2016 $1,731 $151,000 $71,000 $80,000
2014 $1,515 $131,000 $62,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 1701399

North Santa Barbara County Regional MLS

APN: 085-163-010