NOT LISTED FOR SALE

1229 Bath St Santa Barbara, CA 93101

Estimated Value: $1,401,000 - $2,269,000

-- Bed
-- Bath
2,000 Sq Ft
$816/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $1,400,000 $700 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,401/month

161 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • Laundry Room

About This Home

As of November 2024

DOWNTOWN SB MULTI-UNIT INVESTMENT OPPORTUNITY (#2). 1930's Craftsman triplex situated on approximately .17 acre in a prime downtown Santa Barbara location. Versatile R-MH (R-4) zoning offers potential for multi-unit apartments/condominiums, hotel/bed & breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (1)1BD/1BA, (1)2BD/1BA & (1) Studio. Maximum allowable rental unit potential currently unrealized. Walking distance to Downtown/State Street, The Public Market & SB Theatre District. Offered individually or together with adjacent property (1225/1227 Bath Street). Do not go onto property without an appointment.

Last Listed By

Christopher Hunt

Compass License #01326111 Listed on: 01/31/2024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,699

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 039-162-010
  • Seller Concessions Offered

Community Details

Overview

  • 3 Units
  • 15 Or 20 Downtown Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $85,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,699

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1930
  • Income Expenses Annual Income: 85200.0
  • Monthly Income: 7100.0
  • Building Stories: 1
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 or 20 - Downtown
  • Reso Accessibility Features: Other
  • Reso Flooring: Hardwood, Other
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1930
  • Property Information Apx # Acres: 0.17
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 10.0
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 2000.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 7405.0
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • General Property Information Stories2: 1.0
  • Condition Fair2: Yes
  • Amenities Deck2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Microwave2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.17
  • Foundation Details: Mixed

Garage/Parking

  • Open Parking Spaces: 10.0
  • Parking Features: Uncovered

Utilities

  • Heating: Other
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 039-162-010
  • Zoning: Other, R-4
  • Lot Size Sq Ft: 7405.0

Rental Info

  • Owner Pays: Other, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 85200.0
  • Total Actual Rent: 7100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Oct 24, 2024
Sold by
Kay James and Kay Jamie
Bought by
Jv Bath St Llc
Seller's Agent
Christopher Hunt
Compass
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,800,000
Sold Price
$1,400,000
Premium/Discount to List
-$400,000
-22.22%
Total Days on Market
161
Views
174
Current Estimated Value
$1,632,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,249
Avg. Annual Appreciation
14.58%

Purchase Details

Closed on
Jul 28, 2020
Sold by
Kay Martha E and Kay Family Trust
Bought by
Kay James

Purchase Details

Closed on
Jul 12, 2007
Sold by
Kay James
Bought by
Kay David and Kay Martha E

Purchase Details

Closed on
Jun 28, 2007
Sold by
Kay James
Bought by
Kay David and Kay Martha E

Purchase Details

Closed on
Feb 19, 1997
Sold by
Kay David
Bought by
Kay David and Kay Martha E

Purchase Details

Closed on
Nov 6, 1996
Sold by
Gellert Barry M
Bought by
Kay David

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
Jv Bath St Llc $1,400,000 Fidelity National Title
Kay James -- None Available
Kay David -- None Available
Kay David -- --
Kay David -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $1,400,000 -17.6% $700 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $1,700,000 -5.6% $850 / Sq Ft
01/31/2024 01/31/24 For Sale $1,800,000 -- $900 / Sq Ft
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
2023 $3,699 $338,580 $222,567 $116,013
2022 $3,568 $331,942 $218,203 $113,739
2021 $3,484 $325,434 $213,925 $111,509
2020 $3,448 $322,098 $211,732 $110,366
2019 $3,388 $315,783 $207,581 $108,202
2018 $3,340 $309,592 $203,511 $106,081
2017 $3,230 $303,522 $199,521 $104,001
2016 $3,228 $297,571 $195,609 $101,962
2014 $3,142 $287,361 $188,897 $98,464
Source: Public Records

Agents Affiliated with this Home

  • Christopher Hunt

    Seller's Agent in 2024

    Christopher Hunt

    Compass

    (805) 453-3407

    19 Total Sales

    Christopher Hunt
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member Agent

    Non Member Office

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-327

Santa Barbara Multiple Listing Service

APN: 039-162-010

California Santa Barbara County Santa Barbara 93101

1229 Bath St, Santa Barbara, CA

Homes for Sale in Santa Barbara, CA

This home is located at 1229 Bath St, Santa Barbara, CA 93101 since 31 January 2024 and is currently estimated at $1,632,249, approximately $816 per square foot. This property was built in 1930. 1229 Bath St is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Peabody Charter School.

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