NOT LISTED FOR SALE

Estimated Value: $413,000 - $677,000

4 Beds
2 Baths
1,600 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $390,000 $244 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,424/month

13 Days on Market

About This Home

As of August 2017

Great investment property with Two Separate Units that are both 2 bedroom 1 bath homes. This property is located in a location of Santa Maria that is close to the Library, Courthouse, The Mall, Movie Theatre, Restaurants and the Popular Downtown Friday Night Activities.

Last Agent to Sell the Property

Paul Rodriguez

Keller Williams SM Listed on: 07/07/2017

Last Buyer's Agent

Stew Hizey

Century 21 Hometown Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,802

Year Built

  • Built in 1926

Lot Details

  • 7,405

Parking

  • Alley Access

Home Design

  • 1,600 Sq Ft Home
  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter

Additional Features

  • Washer and Dryer Hookup
  • 7,405 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Security Deposit $4,000
  • Tenant pays for electricity, gas, trash collection, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 123-078-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,802

Year Built

Built in 1926

Lot Details

0

Listing Details

  • FILLACRES: 0.17
  • ApproxYrBlt: 1926
  • Listing Member Name: Paul J Rodriguez
  • Listing Office Short Id: 2709
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 7405.00
  • Major Area: 15 - SM Southwest
  • Open House Office I D: 20170308161103040255000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 8232
  • Selling Office Short Id: 1321
  • Tract Suffix: Street
  • OFFICELIST_ZIP4: 5507
  • Geen Feat.: Curbs/Gutter, Paved Streets, Sidewalks
  • Landlord Pays: Insurance, Taxes
  • Special Features: None
  • Stories: 0
  • Year Built: 1926

Interior Features

  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Laundry: Washer/Dryer Hookup

Exterior Features

  • Exterior: Other, Wood Siding
  • Foundation: Raised
  • Roof: Rolled Comp

Garage/Parking

  • Parking: 1 - 5

Utilities

  • Air Conditioner: None
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Hot Water: Public
  • Separate Meters: Electric, Gas, Water

Lot Info

  • Lot Characteristics: Alley
  • Zoning Description: Duplex/Triplex

Rental Info

  • Deposit: 4000.00
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Tax Info

  • Assessor Parcel Number: 123-078-007

Multi Family

  • Annual Operating Expense: Accounting, Insurance, Maintenance, Management, PRP Tx/Assessment
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 29, 2017
Sold by
Channel Islands Holding Company Llc
Bought by
Kadir Abdul and Kadir Rumana
Seller's Agent
Paul Rodriguez
Keller Williams SM
Buyer's Agent
Stew Hizey
Century 21 Hometown Realty
Sold Price
$390,000
Current Estimated Value
$559,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,215
Avg. Annual Appreciation
4.28%
Original Mortgage
$292,500
Outstanding Balance
$245,231
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$300,730

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 28, 2017
Sold by
Channel Islands Holding Company
Bought by
Channel Islands Holding Company Llc
Seller's Agent
Paul Rodriguez
Keller Williams SM
Buyer's Agent
Stew Hizey
Century 21 Hometown Realty
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$245,231
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$300,730

Purchase Details

Closed on
Aug 31, 2011
Sold by
Ramos Manuel X
Bought by
Channel Islands Holding Company Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.01%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2006
Sold by
Ramos Rosalynn
Bought by
Ramos Manuel X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
9.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2006
Sold by
New Century Mortgage Corp
Bought by
Ramos Manuel X and Baez Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
9.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 11, 2005
Sold by
Barragan Rafael
Bought by
New Century Mortgage Corp

Purchase Details

Closed on
Jul 15, 2004
Sold by
Pedego Madeline C
Bought by
Barragan Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,200
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2001
Sold by
Rojas Peter J and Rojas Eleanor R
Bought by
Pedego Madeline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Kadir Abdul $390,000 Fidelity National Title Co
Channel Islands Holding Company Llc -- Fidelity National Title Co
Channel Islands Holding Company Michael $107,063 None Available
Ramos Manuel X -- First American Title Company
Ramos Manuel X $390,000 First American Title Company
New Century Mortgage Corp $389,648 --
Barragan Rafael $454,000 Stewart Title Of Ca Inc
Pedego Madeline C $196,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadir Abdul $292,500
Previous Owner Channel Islands Holdings Company Llc $100,000
Previous Owner Ramos Manuel X $51,500
Previous Owner Ramos Manuel X $412,000
Previous Owner Ramos Manuel X $351,000
Previous Owner Barragan Rafael $363,200
Previous Owner Pedego Madeline C $306,000
Previous Owner Pedego Madeline C $252,000
Previous Owner Pedego Madeline C $30,000
Previous Owner Pedego Madeline C $186,200
Closed Barragan Rafael $90,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $390,000 -- $244 / 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 $4,802 $443,747 $170,671 $273,076
2023 $4,802 $426,518 $164,045 $262,473
2022 $4,639 $418,156 $160,829 $257,327
2021 $4,516 $409,958 $157,676 $252,282
2020 $4,510 $405,756 $156,060 $249,696
2019 $4,459 $397,800 $153,000 $244,800
2018 $4,403 $390,000 $150,000 $240,000
2017 $2,170 $189,391 $97,401 $91,990
2016 $2,077 $185,679 $95,492 $90,187
2014 $1,950 $179,309 $92,216 $87,093
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 1701005

North Santa Barbara County Regional MLS

APN: 123-078-007