NOT LISTED FOR SALE

Solvang, CA 93463

Estimated Value: $1,044,756 - $2,359,000

3 Beds
2 Baths
1,550 Sq Ft
$942/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $1,900,000 $1,226 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $8,699/month

19 Days on Market

Highlights

  • 0.63 Acre Lot
  • 1-Story Property
  • Level Lot
  • Solvang Elementary School Rated A-
  • Forced Air Heating System
  • 5-minute walk to Solvang Park

About This Home

As of April 2023

This is an opportunity to purchase 3 contiguous lots of zoned DR-20 in downtown Solvang. The three lots together are approximately. 63 0f an acre and include a house, detached garage, and small office.

Last Agent to Sell the Property

Hans Larsen

Hans Larsen Realty, Inc. License #00936347 Listed on: 03/12/2023

Last Buyer's Agent

Jeanne Hollingsworth

Jeanne Hollingsworth Real Estate License #01170169

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,967

Year Built

  • Built in 1950

Lot Details

  • 0.63 Acre Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $100,000
  • Tenant pays for water
  • The owner pays for taxes
  • Assessor Parcel Number 139-174-028,027,05

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,967

Year Built

Built in 1950

Lot Details

0

Listing Details

  • FILLACRES: 0.63
  • ApproxYrBlt: 1950
  • Listing Member Name: Hans Larsen
  • Listing Office Short Id: 201000018
  • List Office Board Code: Santa Ynez Valley
  • Lot Size Sq Ft: 27443.00
  • Major Area: 38 - Santa Ynez Valley
  • Open House Office I D: 20170308161130680617000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 201000055
  • Selling Office Short Id: 201000134
  • Tract Suffix: Drive
  • Unit Levels: One
  • Geen Feat.: Cable Available, Paved Streets
  • Landlord Pays: Taxes
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Total Bathrooms: 2.00
  • Year Built Exception: Unknown
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 220 Volt
  • Laundry: None

Exterior Features

  • Additional Buildings: Other
  • Exterior: Stucco
  • Exterior Features: Other
  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Parking: Street

Utilities

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

Lot Info

  • Lot Characteristics: Level
  • Zoning Description: Multi-Fam R3

Rental Info

  • Deposit: 100000.00
  • Tenant Pays: Water

Tax Info

  • Assessor Parcel Number: 139-174-028,027,05

Multi Family

  • Annual Operating Expense: Trash, Utilities
  • Total Number Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Dachot Lei
Bought by
1532 Copenhagen Drive Llc
Current Estimated Value
$1,459,439

Purchase Details

Listed on
Mar 12, 2023
Closed on
Apr 19, 2023
Sold by
Sima Corporation
Bought by
Dachot Lei
Seller's Agent
Hans Larsen
Hans Larsen Realty, Inc.
Buyer's Agent
Jeanne Hollingsworth
Jeanne Hollingsworth Real Estate
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.12%

Purchase Details

Listed on
Mar 12, 2023
Closed on
Apr 14, 2023
Sold by
Karni Zack
Bought by
Dachot Lei
Seller's Agent
Hans Larsen
Hans Larsen Realty, Inc.
Buyer's Agent
Jeanne Hollingsworth
Jeanne Hollingsworth Real Estate
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Views
19

Purchase Details

Closed on
Jun 10, 2021
Sold by
Yeh David
Bought by
Sima Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 20, 2006
Sold by
Bettencourt Ben and Bettencourt Amy
Bought by
Yeh David

Purchase Details

Closed on
Jun 15, 2005
Sold by
Bettencourt Banjamin
Bought by
Bettencourt Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 25, 2004
Sold by
Bettencourt Benjamin
Bought by
Bettencourt Benjamin and Bettencourt Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Mitty Marilyn Joan Madsen
Bought by
Bettencourt Benjamin L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1532 Copenhagen Drive Llc -- None Listed On Document
Dachot Lei $1,900,000 Chicago Title Company
Dachot Lei -- Chicago Title Company
Sima Corporation $15,900,000 First American Title Company
Yeh David $1,220,000 --
Bettencourt Amy -- Fidelity National Title
Bettencourt Benjamin -- Landsafe Title
Bettencourt Benjamin L $635,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sima Corporation $850,000
Previous Owner Bettencourt Amy $165,000
Previous Owner Bettencourt Benjamin $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $1,900,000 -4.8% $1,226 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/12/2023 03/12/23 For Sale $1,995,000 -- $1,287 / 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 $8,967 $832,320 $676,260 $156,060
2023 $8,967 $703,800 $612,000 $91,800
2022 $7,664 $690,000 $600,000 $90,000
2021 $6,809 $605,992 $580,750 $25,242
2020 $6,704 $599,780 $574,796 $24,984
2019 $6,569 $588,021 $563,526 $24,495
2018 $6,478 $576,492 $552,477 $24,015
2017 $6,373 $565,190 $541,645 $23,545
2016 $6,142 $554,109 $531,025 $23,084
2014 $5,636 $535,097 $512,804 $22,293
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hans Larsen

    Hans Larsen Realty, Inc.

    (805) 448-1895

    5 in this area

    14 Total Sales

    Hans Larsen
    Section Image
  • Jeanne Hollingsworth

    Buyer's Agent in 2023

    Jeanne Hollingsworth

    Jeanne Hollingsworth Real Estate

    (805) 686-0816

    10 in this area

    43 Total Sales

    Jeanne Hollingsworth
    Section Image
See All Agents

Source: North Santa Barbara County Regional MLS

MLS Number: 23000367

North Santa Barbara County Regional MLS

APN: 139-174-028

California Santa Barbara County Solvang

93463

This home since 12 March 2023 and is currently estimated at $1,459,439, approximately $941 per square foot. This property was built in 1950. This home is a home located in Santa Barbara County with nearby schools including Solvang Elementary School, Santa Ynez Valley Union High School, and Olive Grove Charter - Buellton.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Santa Barbara County Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes