$1,700,000
SOLD OCT 8, 2024

313 W Figueroa St Santa Barbara, CA 93101

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

5% Below List Price

95 Days on Market

Highlights

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

About This Home

As of October 2024

A darling bungalow where past and future joyfully collide. This early 1920s-era property conversion to duplex features 2, 2-bedroom, 1-bathroom units and is conveniently located in the historic downtown corridor, in the highly coveted Peabody School District & zoned R-4-MH allowing the potential for short term rental use. Much of the traditional structure and elegant bones of the property has been preserved. An updated kitchen, in-unit laundry and picket-fenced front yard round out the main level, while a sense of whimsy continues into the second unit to maximize space and opportunity. It's historic sentiment resonates with many, capturing top market rents for both units. 1 unit is vacant, and the other terminates 7/31/24. Move-in or rent-ready, this property hits the mark!

Last Agent to Sell the Property

Andrea O'Loughlin

Berkshire Hathaway HomeServices California Properties License #02165956

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Thomas Schultheis

Berkshire Hathaway HomeServices California Properties License #01847740

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,158

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Property is in good condition

Flooring

  • Wood
  • Carpet

Parking

  • 2 Parking Spaces
  • Open Parking

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
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Laundry Room
  • Property is near an ocean
  • Forced Air Heating System

Community Details

  • 2 Units
  • 15 Or 20 Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 039-262-011
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,158

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1925
  • Monthly Income: 9000.0
  • Miscellaneous Parking Spaces: 2.0
  • ResoLaundryFeatures: Laundry Room, In Unit
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 or 20 - Downtown
  • Reso Flooring: Carpet, Hardwood, Other
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1925
  • Property Information Apx # Acres: 0.09
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Proximity Near Hospital2: Yes
  • HeatingCooling GFA: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.09
  • Foundation Details: Mixed, Other

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Unc #2
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Other, GFA
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel #: 039-262-011
  • Zoning: R-4
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 9000.0

Map

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

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $1,700,000 0.0% --
10/08/2024 10/08/24 Sold $1,700,000 -5.3% --
09/09/2024 09/09/24 Pending -- -- --
09/09/2024 09/09/24 Off Market $1,795,000 -- --
09/09/2024 09/09/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $1,795,000 0.0% --
08/09/2024 08/09/24 For Sale $1,795,000 0.0% --
07/16/2024 07/16/24 Pending -- -- --
07/16/2024 07/16/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $1,795,000 0.0% --
06/26/2024 06/26/24 Price Changed $1,795,000 -5.3% --
06/05/2024 06/05/24 For Sale $1,895,000 0.0% --
06/04/2024 06/04/24 For Sale $1,895,000 +12.8% --
04/18/2023 04/18/23 Sold $1,680,000 0.0% --
04/18/2023 04/18/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $1,680,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $18,158 $159,836 $44,390 $115,446
2022 $1,709 $156,703 $43,520 $113,183
2021 $1,667 $153,631 $42,667 $110,964
2020 $1,650 $152,057 $42,230 $109,827
2019 $1,621 $149,076 $41,402 $107,674
2018 $1,598 $146,154 $40,591 $105,563
2017 $1,545 $143,290 $39,796 $103,494
2016 $1,593 $140,481 $39,016 $101,465
2014 $1,552 $135,662 $37,678 $97,984
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,344,000 New Conventional
Previous Owner $1,344,000 New Conventional
Previous Owner $500,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $1,700,000 Chicago Title
Deed -- First American Title Company
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1839

Santa Barbara Multiple Listing Service

APN: 039-262-011