NOT LISTED FOR SALE

6643 Del Playa Dr Goleta, CA 93117

Isla Vista Area

Estimated Value: $2,167,000 - $2,564,000

5 Beds
4 Baths
2,707 Sq Ft
$888/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2019

Last sale price $1,525,000 $563 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $14,960 / mo

531 Days on Market

Highlights

  • Property is near an ocean
  • Patio
  • Tile Flooring
  • Property is near park, public transit, schools, shops, and bus stop

About This Home

As of March 2019

This property is located in Isla Vista on Del Playa which features the highest value rental properties in the area. The property features panoramic ocean views, beach access, close access to campus and core businesses are among the best located properties in the community. Housing on Del Playa is highly coveted and rarely has a vacancy. Desirable beachfront location, leased through June 2019. Contact listing Agent for complete package including financials, pest control, roof, termite, physical, geological, NHD, and floor plans. All are attached to listing also.

Last Agent to Sell the Property

Ronald Wolfe

Ronald L. Wolfe & Assoc. Inc. License #00354504 Listed on: 07/06/2017

Last Buyer's Agent

Ronald Wolfe

Ronald L. Wolfe & Assoc. Inc. License #00354504 Listed on: 07/06/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 2,707 Sq Ft Lot
  • Property is in good condition

Parking

  • Uncovered Parking

Home Design

  • Slab Foundation

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Property is near an ocean
  • Patio

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Additional Features

  • Property is near park, public transit, schools, shops, and bus stop
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 075-202-053

Community Details

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $49,820
  • Gross Income $139,200
  • Net Operating Income $86,596

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

2,707 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1995
  • Income Expenses Annual Income: 139200.0
  • Capitalization Rate: 5.35
  • Income Expenses Cash Flow: 86596.0
  • Income Expenses Debit Service: 0
  • Gross Rent Multiplier: 11.64
  • Annual Expenses: 49820.0
  • Monthly Income: 11600.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Wtr: Y
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Carpet, Tile
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1995
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 2707.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Pets No8: Yes
  • Amenities Patio2: Yes
  • IncomeExpenses NOI2: 86596
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.14
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Uncovered

Schools

  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 075-202-053
  • Zoning: R-1
  • Lot Size Sq Ft: 2707.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 139200.0
  • Annual Operating Expense: 49820.0
  • Total Actual Rent: 11600.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Jan 18, 2019
Sold by
Bought by
Seller's Agent
Ronald Wolfe
Ronald L. Wolfe & Assoc. Inc.
Buyer's Agent
Ronald Wolfe
Ronald L. Wolfe & Assoc. Inc.
List Price
$1,776,000
Sold Price
$1,525,000
Premium/Discount to List
-$251,000
-14.13%
Current Estimated Value
$2,404,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$879,321
Avg. Annual Appreciation
6.35%
Original Mortgage
$991,250
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 1996
Sold by
Bought by

Purchase Details

Closed on
May 13, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Goleta, CA

  • Summer Knight Real Estate Agent - Sun Coast Real Estate

    Summer Knight

    Responds Quickly

    Sun Coast Real Estate

    (805) 335-6908

    142 Total Sales

    11 in Isla Vista

    $875K - $2.7M Price Range

    Summer Knight
     Section Image
  • Leslie Miller Real Estate Agent - Vylla Home

    Leslie Miller

    Vylla Home

    (424) 417-6864

    19 Total Sales

    3 in Isla Vista

    $525K - $650K Price Range

    Leslie Miller
     Section Image
  • Tiffany Dore Real Estate Agent - Village Properties

    Tiffany Dore

    Village Properties

    (805) 324-6641

    23 Total Sales

    1 in Isla Vista

    $1,090,000 Price

    Tiffany Dore
     Section Image
  • Tamra Van Order Real Estate Agent - Keller Williams Realty Santa Barbara

    Tamra Van Order

    Responds Quickly

    Keller Williams Realty Santa Barbara

    (805) 308-6428

    34 Total Sales

    4 in Isla Vista

    $835K - $1.8M Price Range

    Tamra Van Order
     Section Image
  • Lisa Lee Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Lisa Lee

    Berkshire Hathaway HomeServices California Properties

    (805) 892-6322

    19 Total Sales

    1 in Isla Vista

    $945,000 Price

    Lisa Lee
     Section Image
  • Kevin Goodwin Real Estate Agent - Goodwin & Thyne Properties

    Kevin Goodwin

    Goodwin & Thyne Properties

    (805) 979-2658

    52 Total Sales

    1 in Isla Vista

    $1,750,000 Price

    Kevin Goodwin
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,525,000 First American Title Company
-- None Available
-- None Available
-- --
-- --
-- --
-- --
-- --
-- --
-- Fidelity National Title Co
-- --
-- --
$30,000 Equity Title Company
$200,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $5,500,000
Previous Owner $991,250
Previous Owner $321,887
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $1,525,000 -14.1% $563 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
07/06/2017 07/06/17 For Sale $1,776,000 -- $656 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,627 $1,876,934 $883,263 $993,671
2025 $20,156 $1,840,133 $865,945 $974,188
2023 $20,156 $1,635,106 $777,346 $857,760
2022 $17,976 $1,603,046 $762,104 $840,942
2021 $17,663 $1,571,614 $747,161 $824,453
2020 $17,196 $1,555,500 $739,500 $816,000
2019 $13,658 $1,215,003 $578,573 $636,430
2018 $13,402 $1,191,180 $567,229 $623,951
2017 $13,160 $1,167,824 $556,107 $611,717
2016 $12,671 $1,144,926 $545,203 $599,723
2015 $12,310 $1,127,729 $537,014 $590,715
2014 $6,653 $582,333 $171,270 $411,063
Source: Public Records

Agents Affiliated with this Home

  • Ronald Wolfe Real Estate Agent - Ronald L. Wolfe & Assoc. Inc.

    Seller's Agent in 2019

    Ronald Wolfe

    Ronald L. Wolfe & Assoc. Inc.

    (805) 618-3223

    4 Total Sales

    Ronald Wolfe
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2247

Santa Barbara Multiple Listing Service

APN: 075-202-053

California Santa Barbara County Goleta 93117

6643 Del Playa Dr, Goleta, CA

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