NOT LISTED FOR SALE

Estimated Value: $720,000 - $1,194,000

2 Beds
1.5 Baths
3,685 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $1,020,000 $277 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,247/month

26 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Views
  • Forced Air Heating System
  • Detached Garage
  • Restaurant
  • Combination Kitchen and Dining Room

About This Home

As of March 2022

This Santa Maria 4-Plex offers great upside as is, and provides a perfect opportunity to update and upgrade for higher rents. All four units are currently rented and have been consistently for years. Each unit includes 2-bed | 1.5 bath, with a spacious living room, kitchen, and half bathroom downstairs and 2 bedrooms and a full bathroom upstairs. Each unit offers a private, fenced back patio, carport, and additional exterior storage closets. The units share a common laundry facility. The 4-Plex has a prime location in southwest Santa Maria, nearby excellent shopping and dining. Don't wait to capitalize on this incredible investment!

Last Agent to Sell the Property

Todd Shea

eXp Realty of California, Inc. License #02028163 Listed on: 12/10/2021

Co-Listed By

Rafael Mora

eXp Realty of California, Inc. License #02080380

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned R-3

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Wood Shingle Exterior
  • Stucco

Interior Spaces

  • 3,685 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Property Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Detached Garage
  • 4 Carport Spaces

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • City Lot

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 117-463-021

Community Details

Overview

  • 4 Units

Amenities

  • Restaurant
  • Coin Laundry

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: From Broadway, take Betteravia west, turn north (right) on Thornburg, then east (right) on Sheila. Property is on the north (Left side) of the street.
  • Prop. Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Coin Op, Common Area
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: EXPRE02
  • Co List Office Phone: 805-364-9009
  • Architectural Style: Other, Apt Style
  • Carport Y N: Yes
  • Reso Flooring: Laminate, Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1978
  • Property Information Total #Units: 4
  • Property Information Apx # Acres: 0.17
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining In Kitchen4: Yes
  • Property Information Apx Lot SqFt: 7405.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • ParkingGarage Detached: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Common Area2: Yes
  • ParkingGarage Total # Carport Spaces: 4.0
  • Exterior Wood Shingles: Yes
  • Style Apt Style: Yes
  • Laundry Coin Op2: Yes
  • ParkingGarage Cpt #4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Other, Flat
  • View: Setting
  • Construction Type: Wood Shingles, Stucco
  • Acres: 0.17
  • Topography: Level
  • Foundation Details: Slab
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #4, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 117-463-021
  • Zoning: R-3
  • Lot Size Sq Ft: 7405.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Rodolfo Lua
Bought by
Simas Family Trust
Current Estimated Value
$1,009,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2019
Closed on
Feb 10, 2020
Sold by
Koper Alex and Koper Judith
Bought by
Lua Rodolfo
Seller's Agent
Steve Battaglia
Battaglia Commercial Real Esta
Buyer's Agent
Rodrigo Gaete
Rod Gaete
List Price
$795,000
Sold Price
$780,000
Premium/Discount to List
-$15,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$714,285
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2004
Sold by
Abate Caroline Ann
Bought by
Abate Mark S

Purchase Details

Closed on
Jan 28, 2004
Sold by
Highfill James B and Martin Alana
Bought by
Abate Mark S and Blount Lindsay

Purchase Details

Closed on
Nov 9, 1998
Sold by
Highfill James B and Martin Alana
Bought by
Highfill James B and Highfill Alana Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,950
Interest Rate
6.84%
Source: Public Records
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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
Simas Family Trust $1,020,000 First American Title
Lua Rodolfo $780,000 First American Title Company
Abate Mark S -- Lawyers Title Co
Abate Mark S $420,000 Lawyers Title Company
Highfill James B -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simas Family Trust $765,000
Previous Owner Lua Rodolfo $714,285
Previous Owner Highfill James B $176,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $1,020,000 +2.5% $277 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $995,000 +27.6% $270 / Sq Ft
03/04/2020 03/04/20 Sold $780,000 -1.9% -- View Prior Sale
02/05/2020 02/05/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $795,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $11,631 $1,082,432 $265,302 $817,130
2023 $11,631 $1,020,000 $250,000 $770,000
2022 $8,868 $803,841 $154,585 $649,256
2021 $8,639 $788,080 $151,554 $636,526
2020 $6,065 $546,007 $234,003 $312,004
2019 $5,997 $535,302 $229,415 $305,887
2018 $5,922 $524,807 $224,917 $299,890
2017 $5,856 $514,517 $220,507 $294,010
2016 $5,602 $504,430 $216,184 $288,246
2014 $5,260 $487,122 $208,766 $278,356
Source: Public Records

Agents Affiliated with this Home

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Source: Santa Barbara Multiple Listing Service

MLS Number: 21-4175

Santa Barbara Multiple Listing Service

APN: 117-463-021