NOT LISTED FOR SALE

Estimated Value: $1,672,761 - $1,922,000

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold April 10, 2024

Last sale price $1,700,000

Est. 5% increase in value since last sale

Current estimated payment $11,398/month

125 Days on Market

Highlights

  • Property is near an ocean
  • Property is near public transit
  • Patio
  • San Marcos Senior High School Rated A
  • 6 Car Detached Garage
  • Video Cameras

About This Home

As of April 2024

Charming fourplex on the upper west side at the end of a quiet cul-de-sac. Each unit features two large bedrooms, one bathroom and a private, fenced-in patio for outdoor living. The patios are surrounded and comfortably shaded by mature landscaping, including large citrus and avocado trees. In a central convenient location, the property is in close proximity to downtown Santa Barbara, the beach, Santa Barbara City College, and Cottage Hospital. Six on-site parking spots available; three are inside a covered carport with storage. All units are occupied with respectful long-term tenants. Great investment opportunity with zero history of vacancies.

Last Listed By

Kevin Duley

Berkshire Hathaway HomeServices California Properties License #02211232 Listed on: 11/07/2023

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,486

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in good condition

Interior Spaces

  • 2-Story Property

Kitchen

  • Built-In Oven
  • Stove

Flooring

  • Carpet
  • Tile

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Parking

  • 6 Car Detached Garage
  • 3 Open Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking

Outdoor Features

  • Property is near an ocean
  • Patio

Location

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

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Shared Gas Meter
  • Individual Gas Meter

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 043-050-018

Community Details

Overview

  • 4 Units
  • 20 Westside Subdivision

Building Details

  • Maintenance Expense $120
  • Trash Expense $320
  • Water Sewer Expense $400
  • Gross Income $110,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,486

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1959
  • Income Expenses Annual Income: 110400.0
  • Maintenance Expense: 120.0
  • Monthly Income: 9200.0
  • Income Expenses Trash Expense: 320.0
  • Income Expenses Water Expense: 400.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 6.0
  • Building Stories: 2
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Security Camera, Smoke Detector(s)
  • Income And Expenses Maintenance Expense: 120.0
  • Subdivision Name: 20 - Westside
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1959
  • Property Information Apx # Acres: 0.19
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Parking Info Total # Carport Spaces2: 3.0
  • Parking Info Total # Unconvered Spaces: 3.0
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Security Security Camera2: Yes
  • Property Information Apx Lot SqFt: 8276.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 2.0
  • Amenities Gas Stove2: Yes
  • Amenities Patio2: Yes
  • Parking Info Detached3: Yes
  • Amenities OvensBltin: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.19
  • Foundation Details: Mixed

Garage/Parking

  • Open Parking Spaces: 3.0
  • Parking Features: Carport, Mixed, Street, Detached
  • Total Parking Spaces: 6.0

Fee Information

  • Trash Expense: 320.0
  • Annual Water Sewer Expense: 400.0

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 043-050-018
  • Zoning: R-3
  • Lot Size Sq Ft: 8276.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 110400.0
  • Total Actual Rent: 9200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Apr 3, 2024
Sold by
Duley Robert Stephen
Bought by
Robert Stephen Duley Trust and Carter
Seller's Agent
Kevin Duley
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ben Rivera
Home Realty & Investments
List Price
$1,995,000
Sold Price
$1,700,000
Premium/Discount to List
-$295,000
-14.79%
Total Days on Market
125
Views
121
Current Estimated Value
$1,784,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,440
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,275,000
Outstanding Balance
$1,264,145
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$520,295

Purchase Details

Listed on
Nov 7, 2023
Closed on
Mar 21, 2024
Sold by
Robert Stephen Duley Trust and Carter Shivaun
Bought by
Chang John and Chang Annie
Seller's Agent
Kevin Duley
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ben Rivera
Home Realty & Investments
List Price
$1,995,000
Sold Price
$1,700,000
Premium/Discount to List
-$295,000
-14.79%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Outstanding Balance
$1,264,145
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$520,295

Purchase Details

Closed on
Jul 5, 2018
Sold by
Duley Robert S and Duley Rita
Bought by
Dudley Robert S and The Robert Stephen Duley Trust

Purchase Details

Closed on
Dec 5, 2012
Sold by
Duley Robert S and Duley Rita
Bought by
Duley Robert S and Duley Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2012
Sold by
Duley Robert S and Duley Rita
Bought by
Duley Robert S and Duley Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2011
Sold by
Duley Robert S and Duley Rita
Bought by
Duley Robert S and Duley Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Duley Robert S and Duley Rita
Bought by
Duley Robert S and Duley Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 4, 2003
Sold by
Duley Robert S and Duley Rita
Bought by
Duley Robert S and Duley Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.22%

Purchase Details

Closed on
Feb 14, 2002
Sold by
Duley Robert Stephen and Duley Rita Byrne
Bought by
Duley Robert S and Duley Rita

Purchase Details

Closed on
Jun 14, 1995
Sold by
Sanwa Bank California and Stockton Sheryl L
Bought by
Duley Robert Stephen and Duley Rita Byrne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,600
Interest Rate
8.37%

Purchase Details

Closed on
Jun 7, 1995
Sold by
Sanwa Bank California and Stockton Sheryl L
Bought by
Duley Robert Stephen and Duley Rita Byrne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,600
Interest Rate
8.37%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chang John $1,700,000 Wfg National Title
Dudley Robert S -- None Available
Duley Robert S -- First American Title Company
Duley Robert S -- First American Title Company
Duley Robert S -- Accommodation
Duley Robert S -- First American Title Company
Duley Robert S -- Accommodation
Duley Robert S -- Fidelity National Title Co
Duley Robert S -- Stewart Title Of Ca Inc
Duley Robert S -- Stewart Title Of Ca Inc
Duley Robert S -- --
Duley Robert Stephen -- First American Title
Duley Robert Stephen $329,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang John $1,275,000
Previous Owner Robert Stephen Duley Trust $825,000
Previous Owner Duley Robert S $490,000
Previous Owner Duley Robert S $495,000
Previous Owner Duley Robert S $397,000
Previous Owner Duley Robert S $270,000
Previous Owner Duley Robert Stephen $263,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $1,700,000 -8.1% --
03/11/2024 03/11/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $1,850,000 -7.3% --
11/07/2023 11/07/23 For Sale $1,995,000 -- --
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 $17,486 $531,951 $242,163 $289,788
2022 $5,580 $521,521 $237,415 $284,106
2021 $5,450 $511,296 $232,760 $278,536
2020 $5,394 $506,054 $230,374 $275,680
2019 $5,300 $496,132 $225,857 $270,275
2018 $5,225 $486,405 $221,429 $264,976
2017 $5,052 $476,869 $217,088 $259,781
2016 $4,997 $467,520 $212,832 $254,688
2015 $4,942 $460,499 $209,636 $250,863
2014 -- $451,479 $205,530 $245,949
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3370

Santa Barbara Multiple Listing Service

APN: 043-050-018