NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,000,000

7 Beds
1 Bath
1,900 Sq Ft
$502/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $735,000 $387 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,793/month

7 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of August 2021

Looking for a great investment?! Look no further! This multi-family unit was built in 2014 and is ready for you to build the 3rd unit. Front unit is 4 bedroom, 2 bath. The second unit is 3 bedrooms with 2 bath and both are currently rented. Plans are on hand for the 3rd unit, 2 bedrooms and one bath. It has plenty of room for parking and the opportunity for more income, as the separate laundry room has room for coin operated machines. Alley access. Conveniently located close to shopping, schools and parks. Coming soon!

Last Agent to Sell the Property

Libby Brown

Modern Broker License #01486355 Listed on: 06/07/2021

Last Buyer's Agent

ROSA GASCON

Hacienda Realty License #01808405

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • Block Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 7 Bedrooms
  • 1,900 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • The owner pays for insurance
  • Assessor Parcel Number 123-116-012

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • FILLACRES: 0.17
  • ApproxYrBlt: 2014
  • Listing Member Name: Libby Brown
  • Listing Office Short Id: 212551195
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 7405.00
  • Major Area: 13 - SM Northwest
  • Open House Office I D: 20170308161139932875000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 2563
  • Selling Office Short Id: osm8933
  • Tract Suffix: Street
  • Unit Levels: One
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Street Lights
  • Landlord Pays: Insurance
  • Special Features: None
  • Year Built: 2014

Interior Features

  • Total Bedrooms: 7
  • Laundry: Common, Washer/Dryer Hookup

Exterior Features

  • Exterior: Stucco
  • Foundation: Concrete Block
  • Roof: Shingle

Garage/Parking

  • Parking: 1 - 5

Utilities

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

Lot Info

  • Lot Characteristics: Alley
  • Zoning Description: Duplex/Triplex

Rental Info

  • Deposit: 1.00
  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Assessor Parcel Number: 123-116-012

Multi Family

  • Annual Operating Expense: Insurance, Maintenance
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 28, 2021
Sold by
Sanchez Carina
Bought by
Robles Jorge Jimenez
Seller's Agent
Libby Brown
Modern Broker
Buyer's Agent
ROSA GASCON
Hacienda Realty
Sold Price
$735,000
Current Estimated Value
$953,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,943
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
May 12, 2021
Sold by
Navarro Nancy Arciga and Guillen Jose Luis
Bought by
Navarro Nancy Arciga and Guillen Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
Arciga Nancy
Bought by
Arciga Nancy and Guillen Jose Luis

Purchase Details

Closed on
Aug 7, 2014
Sold by
Guillen Luis
Bought by
Arciga Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 6, 2014
Sold by
Morelos Dennis R
Bought by
Arciga Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 18, 2008
Sold by
Rodriguez Luis A and Morelos Dennis
Bought by
Morelos Dennis R

Purchase Details

Closed on
May 31, 2005
Sold by
Morelos Soledad
Bought by
Morelos Dennis R

Purchase Details

Closed on
Mar 23, 2005
Sold by
Thomas Eric W
Bought by
Morelos Lionel and Rodriguez Luis

Purchase Details

Closed on
May 11, 2004
Sold by
Sanchez Jennie H and Sanchez Mary L
Bought by
Thomas Eric W
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
Robles Jorge Jimenez -- Placer Title Company
Navarro Nancy Arciga -- First American Title Company
Arciga Nancy -- None Available
Arciga Nancy -- First American Title Company
Arciga Nancy $68,000 First American Title Company
Morelos Dennis R -- None Available
Morelos Dennis R -- First American Title Company
Morelos Lionel -- First American Title Company
Morelos Lionel $267,000 First American Title Company
Thomas Eric W $210,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Navarro Nancy Arciga $300,000
Previous Owner Arciga Nancy $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $735,000 -- $387 / 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 $9,542 $895,658 $185,711 $709,947
2023 $9,542 $860,880 $178,500 $682,380
2022 $9,312 $844,000 $175,000 $669,000
2021 $3,043 $276,000 $75,500 $200,500
2020 $3,039 $273,171 $74,726 $198,445
2019 $3,005 $267,815 $73,261 $194,554
2018 $2,967 $262,565 $71,825 $190,740
2017 $1,637 $142,417 $70,417 $72,000
2016 $773 $69,037 $69,037 $0
2014 $1,744 $160,724 $160,724 $0
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 21001312

North Santa Barbara County Regional MLS

APN: 123-116-012