NOT LISTED FOR SALE

521 W Montecito St Unit 14 Santa Barbara, CA 93101

Lower West Neighborhood

Estimated Value: $826,000 - $861,000

2 Beds
2 Baths
897 Sq Ft
$560/mo HOA Fee

Last Sold December 06, 2024

Last sale price $825,000 $920 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,883/month

126 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Corian Countertops
  • San Marcos Senior High School Rated A
  • End Unit
  • Neighborhood Views

About This Home

As of December 2024

Experience coastal living just a half mile from the beach! LOCATION, LOCATION, LOCATION! This home is close to all Santa Barbara has to offer! Located just down the street from Santa Barbara City College. This well maintained upper end unit offers high ceilings with an abundance of natural light! The open floorplan flows seamlessly from the spacious living room with a balcony to the updated kitchen. For your convenience, there's a laundry area in the hallway and pull down ladder for attic access storage. There's new carpet in the two bedrooms, recent furnace and microwave replacement, tankless water heater, Corian kitchen countertops, recessed lighting and more! Two convenient parking spaces, one covered and one uncovered located vey close to the entry staircase. Don't miss out on the amazing opportunity!

Last Listed By

Denise Reimers

Pinnacle Estate Properties, Inc. Brokerage Phone: 805-217-3100 License #00979688 Listed on: 07/08/2024

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,742

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $560 Monthly HOA Fees

Interior Spaces

  • 897 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room
  • Living Room Balcony
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Detached Carport Space
  • Parking Available
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Tile Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 037430014
  • $417 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 14 Units
  • Casa Montecito Association, Phone Number (805) 569-1121
  • Bartlein & Company Inc. HOA

Amenities

  • Picnic Area

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,742

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, washer/dryer
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: unknown
  • View: Yes
  • Zoning: R-4
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 037430014
  • Year Built: 1986
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 897.00 Square Feet
  • Interior Amenities: Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Entry Location: upper unit
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 919.73
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Corian Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Tile
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Fee: 560.00
  • Association Fee Frequency: Monthly
  • Association Name: Casa Montecito
  • Phone: 805-569-1121
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Bartlein & Company Inc.

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 853.00
  • Lot Size Acres: 0.0196

Multi Family

  • Lease Considered: No
  • Lot Size Area: 853.0000 Square Feet
  • Number Of Units In Community: 14
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 12.06
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 417.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Nov 19, 2024
Sold by
Gloria Family Trust and Gloria Jeremiah C
Bought by
Saadieh Arash and Saadieh Regina
Seller's Agent
Denise Reimers
Pinnacle Estate Properties, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$899,900
Sold Price
$825,000
Premium/Discount to List
-$74,900
-8.32%
Total Days on Market
126
Views
150
Current Estimated Value
$838,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,298
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Apr 14, 2022
Sold by
Gloria Jeremiah C
Bought by
Gloria Family Trust

Purchase Details

Closed on
Oct 18, 2021
Sold by
Dixon Tammy
Bought by
Gloria Sarah and Gloria Jeremiah

Purchase Details

Listed on
Apr 3, 2021
Closed on
Jul 12, 2021
Sold by
Souza James M and Souza Elizabeth C
Bought by
Gloria Jeremiah Cajudo and Gloria Sarah Michelle
Seller's Agent
Suzanne Dahl
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$560,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2015
Sold by
Casa Montecito Enterprises Llc
Bought by
Souza James M and Souza Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 22, 2003
Sold by
Casa Montecito Enterprises
Bought by
Casa Montecito Enterprises Llc

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
Saadieh Arash $825,000 First American Title
Gloria Family Trust -- --
Gloria Sarah -- None Available
Gloria Jeremiah Cajudo $700,000 Chicago Title Company
Souza James M $510,000 Chicago Title Company
Casa Montecito Enterprises Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gloria Jeremiah Cajudo $560,000
Previous Owner Souza James M $397,500
Previous Owner Souza James M $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $825,000 -2.9% $920 / Sq Ft
10/26/2024 10/26/24 Price Changed $849,900 -1.7% $947 / Sq Ft
10/02/2024 10/02/24 Price Changed $865,000 -1.7% $964 / Sq Ft
08/21/2024 08/21/24 Price Changed $879,900 -2.2% $981 / Sq Ft
07/08/2024 07/08/24 For Sale $899,900 +28.6% $1,003 / Sq Ft
07/21/2021 07/21/21 Sold $700,000 +0.1% $780 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $699,000 +37.1% $779 / Sq Ft
06/26/2015 06/26/15 Sold $510,000 -1.0% $569 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $515,000 -- $574 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,742 $714,000 $357,000 $357,000
2022 $7,471 $700,000 $350,000 $350,000
2021 $5,955 $566,258 $283,129 $283,129
2020 $5,892 $560,452 $280,226 $280,226
2019 $5,788 $549,464 $274,732 $274,732
2018 $5,705 $538,692 $269,346 $269,346
2017 $5,515 $528,130 $264,065 $264,065
2016 $5,445 $517,776 $258,888 $258,888
2015 $1,340 $116,055 $33,262 $82,793
2014 $1,320 $113,798 $32,611 $81,187
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24139049

California Regional Multiple Listing Service (CRMLS)

APN: 037-430-014