NOT LISTED FOR SALE

Estimated Value: $1,318,000 - $1,660,791

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold August 02, 2021

Last sale price $1,055,000

Est. 39% increase in value since last sale

Current estimated payment $8,680/month

126 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • Laundry Facilities
  • San Marcos Senior High School Rated A-
  • Patio
  • Carpet

About This Home

As of August 2021

Charming Downtown units ideal Santa Barbara living

Two separate units each two bedroom one and a half bathrooms, unit B with private yard.

Covered parking with laundry hookups

Metered separate Electric and Gas
Water shared

Last Agent to Sell the Property

Cindy Zavala

Keller Williams Realty Santa Barbara License #02057973 Listed on: 11/20/2020

Keller Williams Realty Santa Barbara

Last Buyer's Agent

Cindy Zavala

Keller Williams Realty Santa Barbara License #02057973 Listed on: 11/20/2020

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • Back Yard Fenced
  • Property is in average condition

Home Design

  • Slab Foundation

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near a park
  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Mckinley Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Heating Available
  • Individual Gas Meter

Additional Features

  • Microwave
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 037-031-009

Community Details

Overview

  • 2 Units
  • 15 Or 20 Downtown Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1979
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: Bldg
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 or 20 - Downtown
  • Carport Y N: Yes
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1979
  • NeighborhoodSchools Elementary School: McKinley
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Parking Info Uncovered: Yes
  • Parking Info Total # Carport Spaces2: 2.0
  • Parking Info Total # Unconvered Spaces: 2.0
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Amenities Microwave2: Yes
  • Amenities Washer2: Yes
  • Amenities Fncd Back: Yes
  • Amenities Patio2: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Fncd Prt: Yes
  • Laundry Bldg: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 2.0
  • Parking Features: Uncovered, Cpt #2

Utilities

  • Heating: Floor
  • HeatingYN: Yes

Schools

  • Elementary School: McKinley
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 037-031-009
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jul 15, 2021
Sold by
Sifuentez Rene and Sifuentez Dolores
Bought by
One Key Llc
Seller's Agent
Cindy Zavala
Keller Williams Realty Santa Barbara
Buyer's Agent
Cindy Zavala
Keller Williams Realty Santa Barbara
List Price
$989,000
Sold Price
$1,055,000
Premium/Discount to List
$66,000
6.67%
Current Estimated Value
$1,471,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,448
Avg. Annual Appreciation
7.85%
Original Mortgage
$793,000
Outstanding Balance
$719,854
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$751,594

Purchase Details

Closed on
Oct 26, 1998
Sold by
Velasquez Daniel
Bought by
Sifuentez Rene and Sifuentez Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.78%

Purchase Details

Closed on
Feb 6, 1996
Sold by
Velasquez Sheila Marie
Bought by
Sifuentez Rene and Sifuentez Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 18, 1995
Sold by
Meyer Rodney J and Meyer Anna Marie
Bought by
Sifuentez Rene and Sifuentez Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 1995
Sold by
Alves Jeanette
Bought by
Sifuentez Rene and Sifuentez Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.36%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
One Key Llc $1,055,000 Fidelity National Title Co
Sifuentez Rene -- First American Title Co
Sifuentez Rene -- --
Sifuentez Rene -- --
Sifuentez Rene $42,500 First American Title
Sifuentez Rene $235,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Key Llc $793,000
Previous Owner Sifuentez Rene $235,000
Previous Owner Sifuentez Rene $15,000
Previous Owner Sifuentez Rene $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $1,055,000 +6.7% --
03/26/2021 03/26/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $989,000 -- --
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 $11,648 $1,139,573 $636,724 $502,849
2023 $11,648 $1,076,100 $612,000 $464,100
2022 $11,240 $1,055,000 $600,000 $455,000
2021 $3,783 $360,643 $153,464 $207,179
2020 $3,743 $356,946 $151,891 $205,055
2019 $3,676 $349,948 $148,913 $201,035
2018 $3,622 $343,088 $145,994 $197,094
2017 $3,501 $336,362 $143,132 $193,230
2016 $3,490 $329,768 $140,326 $189,442
2015 $3,451 $324,816 $138,219 $186,597
2014 -- $318,454 $135,512 $182,942
Source: Public Records

Agents Affiliated with this Home

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Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4527

Santa Barbara Multiple Listing Service

APN: 037-031-009