NOT LISTED FOR SALE

Estimated Value: $467,000 - $597,163

4 Beds
4 Baths
1,990 Sq Ft
$268/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $295,000 $148 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,099/month

84 Days on Market

Highlights

  • Fenced Yard
  • Level Lot
  • 1-Story Property

About This Home

As of October 2018

CALLING ALL INVESTORS! Three One-level Units on one lot in Lompoc. Units approx. total 1,990 SF on 6,098 SF lot. Unit A is detached and features 2BR/2BA with a Front yard & back patio. Rear Duplex-two units are 1BR/1BA each. Walk-way leads to the duplex at the rear of the lot. Both units have side patios. All three homes have washer/dryer hookups. Street & alley parking. Sold As Is. Cash Buyer. Close to Shopping and Public Transportation. Approx. 2 blocks from Parks & Rec, YMCA, Park, High School and 10 mi to VAFB.

Last Agent to Sell the Property

Tonia Kleinsmith

Coldwell Banker Premier R.E. Listed on: 06/25/2018

Last Buyer's Agent

LV NON MEMBER

LV Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,990 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Alley Access
  • On-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,500
  • Tenant pays for cable TV, electricity, gas, move in fee, move out fee, trash collection, water
  • Assessor Parcel Number 089-233-006

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $7,216
  • Net Operating Income $24,215

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • FILLACRES: 0.14
  • ApproxYrBlt: 1948
  • Directions To Property: Hwy 101 take exit 166/Union Valley Pkwy, head West. Left on Orcutt Expy/Broadway to CA-1 S/CA-135 S. Continue on CA-1 S to Lompoc. Right onto N. H St, Right on W Maple Ave. Left onto N. I St.
  • Listing Member Name: Tonia Kleinsmith
  • Listing Office Short Id: 1312
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 6098.00
  • Major Area: 60 - Lompoc
  • Open House Office I D: 20170308161044117110000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 7608
  • Selling Office Short Id: 3739
  • Building Stories: 1
  • Tract Suffix: Street
  • Unit Levels: One
  • Geen Feat.: Cable Available, Curbs/Gutter, Other, Paved Streets, Sidewalks, Telephone
  • Income And Expenses Annual Operating Exp: 7215.87
  • Special Features: None
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Total Bathrooms: 4.00
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: 220 Volt
  • Laundry: Washer/Dryer Hookup

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Other, Street

Utilities

  • Air Conditioner: None
  • Heating: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Hot Water: Public

Lot Info

  • Lot Characteristics: Alley, Level

Rental Info

  • Deposit: 3500.00
  • Sub Lease: No
  • Tenant Pays: Cable TV, Electricity, Gas, Move In Fee, Move Out Fee, Trash Collection, Water

Tax Info

  • Assessor Parcel Number: 089-233-006

Multi Family

  • Income And Expenses Net Operating Income: 24214.57
  • Annual Operating Expense: Electricity, Maintenance, Management, Trash, Utilities, Water/Sewer
  • Total Number Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Sep 25, 2018
Sold by
Soto Nancy
Bought by
Soto Juan Carlos
Seller's Agent
Tonia Kleinsmith
Coldwell Banker Premier R.E.
Buyer's Agent
LV NON MEMBER
LV Non Member Office
Sold Price
$295,000
Current Estimated Value
$534,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,041
Avg. Annual Appreciation
8.58%
Original Mortgage
$175,000
Outstanding Balance
$152,296
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$381,745

Purchase Details

Listed on
Jun 25, 2018
Closed on
Sep 24, 2018
Sold by
Arbogast Paul M and Arbogast James Alice
Bought by
Soto Juan Carlos and Bingham Erika B
Seller's Agent
Tonia Kleinsmith
Coldwell Banker Premier R.E.
Buyer's Agent
LV NON MEMBER
LV Non Member Office
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$152,296
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$381,745

Purchase Details

Closed on
Jul 22, 2004
Sold by
Arbogast John E and Arbogast Margaret D
Bought by
Arbogast John E and Arbogast Margaret D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soto Juan Carlos -- First American Title
Bingham Erika B -- First American Title
Soto Juan Carlos $295,000 First American Title Co
Arbogast John E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Juan Carlos $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $295,000 -- $148 / 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 $3,606 $329,074 $111,550 $217,524
2023 $3,606 $316,297 $107,219 $209,078
2022 $3,543 $310,096 $105,117 $204,979
2021 $3,582 $304,016 $103,056 $200,960
2020 $3,544 $300,900 $102,000 $198,900
2019 $3,486 $295,000 $100,000 $195,000
2018 $2,411 $201,875 $101,015 $100,860
2017 $2,367 $197,918 $99,035 $98,883
2016 $2,324 $194,039 $97,094 $96,945
2014 $2,274 $187,382 $93,763 $93,619
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 18001834

North Santa Barbara County Regional MLS

APN: 089-233-006