NOT LISTED FOR SALE

Estimated Value: $544,000 - $618,000

3 Beds
1 Bath
2,850 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $525,000 $184 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,619/month

14 Days on Market

Highlights

  • Corner Lot
  • Fenced
  • 1-Story Property
  • Garage

About This Home

As of August 2023

Excellent investment opportunity, Triplex all units are 3 bedrooms 1 bath with one car garage and washer dryer hookups, newer roofs and occupied with tenants on a month to month leases, Fenced in yards and private patio's

Last Agent to Sell the Property

Victor Vega

CALIFORNIA REALTY EXECUTIVES License #01300014 Listed on: 05/24/2023

Co-Listed By

GABRIEL VEGA

CALIFORNIA REALTY EXECUTIVES License #01956298

Last Buyer's Agent

GABRIEL VEGA

CALIFORNIA REALTY EXECUTIVES License #01956298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,830

Lot Details

  • 6,969 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,850 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • On-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, trash collection, water
  • Assessor Parcel Number 089-223-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,830

Lot Details

0

Listing Details

  • FILLACRES: 0.16
  • Co Selling Member Short Id: lv01300014
  • Listing Member Name: Victor D Vega
  • Listing Office Short Id: lv01300014
  • List Office Board Code: Lompoc Valley
  • Lot Size Sq Ft: 6969.00
  • Major Area: 60 - Lompoc
  • Open House Office I D: 20220401160012277498000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: lv01956298
  • Selling Office Short Id: lv01300014
  • Building Stories: 1
  • Tract Suffix: Street
  • OFFICELIST_ZIP4: 93436
  • Unit Levels: One
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Street Lights, Telephone
  • Landlord Pays: Gardener, Trash Collection, Water
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Year Built Exception: Unknown
  • Total Bedrooms: 3
  • Interior Amenities: Other
  • Laundry: Washer/Dryer Hookup

Exterior Features

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

Garage/Parking

  • Parking: Garage, Street

Utilities

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

Lot Info

  • Lot Characteristics: Corner, Level
  • Zoning Description: Res Multi-Family

Rental Info

  • Deposit: 3.00
  • Sub Lease: No
  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month

Tax Info

  • Assessor Parcel Number: 089-223-017

Multi Family

  • Annual Operating Expense: Water/Sewer
  • Total Number Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Aug 17, 2023
Sold by
Bj And Ac Contreras Revocable Trust
Bought by
Sunset Investments Inc
Seller's Agent
Victor Vega
CALIFORNIA REALTY EXECUTIVES
Buyer's Agent
GABRIEL VEGA
CALIFORNIA REALTY EXECUTIVES
List Price
$650,000
Sold Price
$525,000
Premium/Discount to List
-$125,000
-19.23%
Views
13
Current Estimated Value
$590,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,891
Avg. Annual Appreciation
5.82%
Original Mortgage
$420,000
Outstanding Balance
$411,489
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$179,402

Purchase Details

Closed on
Sep 12, 2016
Sold by
Contreras Benjamin J
Bought by
Contreras Benjamin J
Source: Public Records

Range of Values:

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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
Sunset Investments Inc $525,000 First American Title
Contreras Benjamin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunset Investments Inc $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $525,000 -19.2% $184 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $650,000 -- $228 / 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 $5,830 $535,500 $122,400 $413,100
2023 $5,830 $561,816 $114,444 $447,372
2022 $6,250 $550,800 $112,200 $438,600
2021 $6,321 $66,570 $14,275 $52,295
2020 $818 $65,888 $14,129 $51,759
2019 $803 $64,597 $13,852 $50,745
2018 $790 $63,331 $13,581 $49,750
2017 $776 $62,090 $13,315 $48,775
2016 $761 $60,873 $13,054 $47,819
2014 $745 $58,786 $12,607 $46,179
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 23000813

North Santa Barbara County Regional MLS

APN: 089-223-018