592 Avenue of Flags Buellton, CA 93427
Estimated payment $11,243/month
About This Home
The Farmhouse presents a rare opportunity to acquire an 8-unit property with a rich history and exceptional versatility. Ideally positioned on Avenue of the Flags in Buellton, this unique asset offers strong potential for boutique wine country short-term rentals or continued long-term tenancy. Six of the eight units are designed with kitchens and separate living areas, catering to a variety of rental strategies. Recent upgrades enhance the property's appeal, including fresh exterior paint, new windows and sliding doors, a renovated roof, and a brand-new electrical panel installed in 2024.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,303
Year Built
- Built in 1965
Parking
- 8 Parking Spaces
Additional Features
- 2-Story Property
- 9,583 Sq Ft Lot
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 137-170-062
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,303 | $388,521 | $375,132 | $13,389 |
| 2022 | $4,162 | $380,904 | $367,777 | $13,127 |
| 2021 | $4,093 | $373,436 | $360,566 | $12,870 |
| 2020 | $4,044 | $369,608 | $356,869 | $12,739 |
| 2019 | $3,973 | $362,362 | $349,872 | $12,490 |
| 2018 | $3,903 | $355,258 | $343,012 | $12,246 |
| 2017 | $3,800 | $345,000 | $225,000 | $120,000 |
| 2016 | $3,567 | $330,000 | $210,000 | $120,000 |
| 2014 | $3,255 | $300,000 | $190,000 | $110,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | For Sale | $1,950,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,845,000 | Chicago Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | Unknown | |
| Closed | $75,000 | Commercial | |
| Closed | $1,250,000 | Commercial | |
| Closed | $1,170,000 | Commercial |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1248
APN: 137-170-062
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