NOT LISTED FOR SALE

Estimated Value: $670,000 - $1,191,000

5 Beds
3.5 Baths
2,271 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $675,000 $297 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,516/month

75 Days on Market

Highlights

  • Forced Air Heating System
  • Garage
  • Fenced
  • Ceiling Fan

About This Home

As of January 2020

Live in one and rent the other! Turnkey duplex opportunity in Southeast Santa Maria w/ separate utility meters. Recently remodeled & absolutely adorable 1920's cottage style 2 bed 1 bath w/ 2 car gar. (current rent $2100) & 3 bed 2.5 bath, built in 2009 (with permits), w/ 3 car gar. & asphalt shingle roof (current rent $2500). Offers alley access and long driveway, & both units have new low-maintenance landscaping. Renovated front unit has new water lines, electrical, dual pane windows, smooth texture drywall, recessed lighting, wood-look laminate flooring, 5 yr old roof, interior and exterior freshly painted, indoor laundry, and a delightfully updated kitchen. Back unit has tile flooring downstairs, all bedrooms upstairs, honey-colored kitchen cabinets, granite counters, & french doors.

Last Agent to Sell the Property

Sandra Cervantes

Mint Properties License #01948795 Listed on: 10/04/2019

Last Buyer's Agent

Karen Reed

Kennedy & Company Mtge. Corp.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,271 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Garage
  • Alley Access
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Separate Water Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 125-121-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • FILLACRES: 0.17
  • ApproxYrBlt: 1928
  • Directions To Property: Head North on College, make a left on E. Central Property will be on the right hand side.
  • Listing Member Name: Sandra Cervantes
  • Listing Office Short Id: 2720
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 7405.00
  • Major Area: 16 - SM Southeast
  • Open House Office I D: 20170308161103182431000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 4622
  • Selling Office Short Id: 2691
  • Tract Suffix: Avenue
  • OFFICELIST_ZIP4: 93454
  • Unit Levels: One, Two
  • Geen Feat.: Paved Streets, Sidewalks, Street Lights
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Lower Floor 1 Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Laundry: In Each Unit, Washer/Dryer Hookup

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Fenced
  • Foundation: Raised, Slab
  • Roof: Shingle, Tile

Garage/Parking

  • Parking: 1 - 5, Garage, Street

Utilities

  • Air Conditioner: Ceiling Fans
  • Heating: Forced Air, Wall Furnace
  • Sewer: Public Sewer
  • Hot Water: Public
  • Separate Meters: Electric, Water

Lot Info

  • Lot Characteristics: Alley
  • Zoning Description: Duplex/Triplex, Multi-Fam R2

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Assessor Parcel Number: 125-121-019

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Jan 17, 2020
Sold by
Rivas Salvador
Bought by
Enos Chad A and Enos Sarah M
Seller's Agent
Sandra Cervantes
Mint Properties
Buyer's Agent
Karen Reed
Kennedy & Company Mtge. Corp.
Sold Price
$675,000
Current Estimated Value
$912,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,877
Avg. Annual Appreciation
5.23%
Original Mortgage
$506,250
Outstanding Balance
$448,153
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$464,724

Purchase Details

Closed on
Jul 5, 2019
Sold by
Torres Rivas Jr Salvador and Torres Rivas Dana
Bought by
Rivas Salvador

Purchase Details

Closed on
Nov 25, 2013
Sold by
Rivas Salvador and Rivas Dana Torres
Bought by
Rivas Salvador and Rivas Dana Torres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,550
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Rivas Salvador
Bought by
Rivas Salvador and Torres Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Interest Rate
7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 10, 2006
Sold by
Torres Dana A
Bought by
Rivas Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 21, 2005
Sold by
Couey Betty A
Bought by
Couey William E and Couey Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 25, 1994
Sold by
Allen Hurst S and Couey Betty A
Bought by
Allen Hurst S and Couey Betty A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Enos Chad A $675,000 Fidelity National Title Co
Rivas Salvador -- Stewart Title
Rivas Salvador -- First American Title Company
Rivas Salvador -- Fidelity National Title Co
Rivas Salvador -- Stewart Title Of Ca Inc
Rivas Salvador $382,000 Stewart Title Of Ca Inc
Couey William E -- Chicago Title
Allen Hurst S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enos Chad A $506,250
Previous Owner Rivas Salvador $457,550
Previous Owner Rivas Salvador $476,250
Previous Owner Rivas Salvador $305,600
Previous Owner Rivas Salvador $38,200
Previous Owner Couey William E $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $675,000 -- $297 / 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 $8,800 $819,388 $164,045 $655,343
2023 $8,800 $787,573 $157,676 $629,897
2022 $8,520 $772,132 $154,585 $617,547
2021 $7,482 $681,993 $151,554 $530,439
2020 $5,324 $477,323 $337,377 $139,946
2019 $5,265 $467,964 $330,762 $137,202
2018 $5,200 $458,789 $324,277 $134,512
2017 $5,139 $449,794 $317,919 $131,875
2016 $4,850 $436,000 $218,000 $218,000
2015 $4,401 $396,000 $198,000 $198,000
2014 -- $360,000 $180,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 19002600

North Santa Barbara County Regional MLS

APN: 125-121-019