NOT LISTED FOR SALE

Estimated Value: $1,375,000 - $1,947,125

3 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $1,400,000

Est. 11% increase in value since last sale

Current estimated payment $9,345/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • Property is near park, public transit, shops, and bus stop
  • Laundry Room
  • Santa Barbara Senior High School Rated A-
  • Detached Garage
  • Restaurant

About This Home

As of September 2023

This is an incredible opportunity to acquire and renovate a sweet, Craftsman duplex or to explore development on this lot in a prime downtown location. The 2BR/1BA + 1BR/1BA duplex boasts classic Craftsman details including a covered porch, vintage kitchen tile, ceiling beams, windows and trim. The 7,405 sq. ft. lot carries R-MH zoning with a Land Use Designation of ''Medium High Density Residential,'' opening the opportunity to explore further development of this gem. The large lot includes a four-car carport & generous off-street parking accessed off a private alley. Just blocks to State Street, the Theatre District, restaurants & entertainment, this is the perfect place for a downtown home or exploring development that will be appealing in SB's brisk rental market.

Last Agent to Sell the Property

Cara Gamberdella

Village Properties - 1 License #01766267 Listed on: 08/30/2023

Last Buyer's Agent

Steve Golis

Radius Group Commercial R.E. License #00772218

Radius Group Commercial R.E.

Home Details

Home Type

  • Single Family

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 151
  • Property is zoned Other, R-4

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Gas Range
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • 4 Carport Spaces

Location

  • Property is near park, public transit, shops, and bus stop
  • Property near a hospital
  • City Lot

Schools

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

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 039-052-003

Community Details

Overview

  • 2 Units
  • 15 Or 20 Downtown Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Directions: Micheltorena between Castillo and Bath.
  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 or 20 - Downtown
  • Architectural Style: Craftsman
  • Carport Y N: Yes
  • Reso Flooring: Laminate, Carpet
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.17
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Proximity Near Park(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Property Information Apx Lot SqFt: 7405.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • ParkingGarage Detached: Yes
  • FlrWdw Coverings Laminate2: Yes
  • ParkingGarage Cpt #12: Yes
  • Property Information Apx Lot Size FxD: 50 x 151
  • Proximity Near Hospital2: Yes
  • Foundation Raised: Yes
  • Style Craftsman2: Yes
  • ParkingGarage Total # Carport Spaces: 4.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • Acres: 0.17
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #1, Detached

Utilities

  • Heating: Forced Air, Wall Furnace
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes
  • Heating:Wall Furnace: Yes

Schools

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

Lot Info

  • Parcel #: 039-052-003
  • Zoning: Other, R-4
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Cedar Real Estate Holding Llc
Bought by
Britta And Salim Trust and Moussallem
Current Estimated Value
$1,551,781

Purchase Details

Closed on
Mar 26, 2024
Sold by
Moussallem Salim Joseph and Smith Britta
Bought by
Cedars Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2023
Closed on
Sep 22, 2023
Sold by
Clarence And Linda Romero Living Trust
Bought by
Smith Britta and Moussallem Salim Joseph
Seller's Agent
Cara Gamberdella
Village Properties - 1
Buyer's Agent
Steve Golis
Radius Group Commercial R.E.
List Price
$1,325,000
Sold Price
$1,400,000
Premium/Discount to List
$75,000
5.66%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$1,030,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2021
Sold by
Romero Linda A
Bought by
Romero Clarence B and Romero Linda A

Purchase Details

Closed on
Jul 27, 2015
Sold by
Romero Linda Ann
Bought by
Romero Linda A and Bermudes Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2015
Sold by
Romero Clarence
Bought by
Romero Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2015
Sold by
Romero Linda A
Bought by
Romero Linda A and Bermudes Barbara T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2006
Sold by
Schroeder Edward P
Bought by
Schroeder Edward P

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
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Britta And Salim Trust -- None Listed On Document
Cedars Real Estate Holdings Llc $564,000 Bnt Title Company Of Ca
Smith Britta $1,400,000 Chicago Title Company
Romero Clarence B -- None Available
Romero Linda A -- Fatco
Romero Linda A -- Fatco
Romero Linda A -- None Available
Schroeder Edward P -- United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cedars Real Estate Holdings Llc $1,155,000
Previous Owner Smith Britta $1,030,000
Previous Owner Romero Linda A $306,000
Previous Owner Schroeder Edward P $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $1,400,000 0.0% --
09/29/2023 09/29/23 Sold $1,400,000 +5.7% -- View Prior Sale
09/07/2023 09/07/23 Pending -- -- --
09/07/2023 09/07/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $1,325,000 0.0% --
08/30/2023 08/30/23 For Sale $1,325,000 -- --
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 $14,770 $1,400,000 $800,000 $600,000
2023 $14,770 $228,544 $130,600 $97,944
2022 $2,423 $224,064 $128,040 $96,024
2021 $2,366 $219,672 $125,530 $94,142
2020 $2,341 $217,420 $124,243 $93,177
2019 $2,300 $213,157 $121,807 $91,350
2018 $2,267 $208,978 $119,419 $89,559
2017 $2,192 $204,881 $117,078 $87,803
2016 $2,221 $200,865 $114,783 $86,082
2015 $2,197 $197,848 $113,059 $84,789
2014 $2,163 $193,974 $110,845 $83,129
Source: Public Records

Agents Affiliated with this Home

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Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2593

Santa Barbara Multiple Listing Service

APN: 039-052-003