NOT LISTED FOR SALE

Santa Barbara, CA 93103

Eastside Neighborhood

Estimated Value: $1,323,000 - $1,989,000

2 Beds
2 Baths
1,066 Sq Ft
$1,600/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $925,000 $868 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,308/month

5 Days on Market

About This Home

As of November 2013

Newer construction, craftsman-style Duplex. Built in 2011 with excellent finishes and well appointed throughout. Nicely landscaped, yet easy to maintain. Plenty of off-street parking along w/ 2-car garage. Shared courtyard, balcony for upstairs unit, and fenced front patio. Coin-op laundry and workshop. Gross monthly income of $5,100.

Last Agent to Sell the Property

Alexander Rouffaer

Sotheby's International Realty Listed on: 08/22/2013

Last Buyer's Agent

Rosa Martel

Assist-2-Sell Full Service R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,184

Year Built

  • Built in 2011

Lot Details

  • Property is in excellent condition

Parking

  • 5 Parking Spaces

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 031-182-004

Community Details

Overview

  • 2 Units
  • 15 Lower Eastside Subdivision

Building Details

  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,184

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2011
  • Income Expenses Annual Income: 61200.0
  • Gross Rent Multiplier: 14.98
  • Monthly Income: 5000.0
  • Miscellaneous Parking Spaces: 5.0
  • Subdivision Name: 15 - Lower Eastside
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2011
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condition Excellent: Yes
  • Income Expenses Actual: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 5.0

Schools

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

Lot Info

  • Parcel #: 031-182-004
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 61200.0
  • Total Actual Rent: 5000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2023
Sold by
Martel Olga and Martel Armando
Bought by
Ac Martel Llc
Current Estimated Value
$1,705,597

Purchase Details

Closed on
Sep 5, 2013
Sold by
Vernon Brett A and Vernon Stephanie K
Bought by
Martel Angelina C

Purchase Details

Closed on
Dec 6, 2012
Sold by
Vernon Brett A
Bought by
Vernon Brett A and Vernon Stephanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,320
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2009
Sold by
Santana Conrad Abel
Bought by
Vernon Brett A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.25%
Mortgage Type
VA

Purchase Details

Closed on
Aug 27, 2009
Sold by
Rosas Estella Juarez and Santana Estella J
Bought by
Santana Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.25%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ac Martel Llc -- None Listed On Document
Martel Olga -- None Listed On Document
Martel Angelina C $925,000 First American Title Company
Vernon Brett A -- Chicago Title Company
Vernon Brett A -- Chicago Title Company
Santana Albert -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vernon Brett A $716,320
Previous Owner Vernon Brett $160,000
Previous Owner Vernon Brett A $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $925,000 0.0% $868 / Sq Ft
11/27/2013 11/27/13 Sold $925,000 +2.9% $868 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/26/2013 08/26/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $899,000 0.0% $843 / Sq Ft
08/21/2013 08/21/13 For Sale $899,000 -- $843 / Sq Ft
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 $12,184 $1,171,289 $557,756 $613,533
2023 $12,184 $1,125,808 $536,099 $589,709
2022 $11,758 $1,103,735 $525,588 $578,147
2021 $11,487 $1,082,094 $515,283 $566,811
2020 $11,007 $1,036,821 $364,287 $672,534
2019 $10,815 $1,016,493 $357,145 $659,348
2018 $10,662 $996,563 $350,143 $646,420
2017 $10,310 $977,024 $343,278 $633,746
2016 $10,101 $957,868 $336,548 $621,320
2015 $9,990 $943,481 $331,493 $611,988
2014 $9,827 $925,000 $325,000 $600,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Alexander Rouffaer

    Sotheby's International Realty

  • R

    Buyer's Agent in 2013

    Rosa Martel

    Assist-2-Sell Full Service R.E.

See All Agents

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-2714

Santa Barbara Multiple Listing Service

APN: 031-182-004

California Santa Barbara County Santa Barbara 93103

Eastside

This home since 22 August 2013 and is currently estimated at $1,705,597, approximately $1,599 per square foot. This property was built in 2011. This home is a home located in Santa Barbara County with nearby schools including Franklin Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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