Seller's Agent in 2024
Christos Celmayster
Hayes Commercial Group
(805) 563-2111
5 in this area
86 Total Sales
918 E Ortega St Santa Barbara, CA 93103
Eastside NeighborhoodEstimated Value: $2,018,000 - $2,275,875
6
Beds
4
Baths
2,549
Sq Ft
$827/Sq Ft
Est. Value
Highlights
- Property is near an ocean
- Deck
- Fireplace
- Santa Barbara Senior High School Rated A-
- Property is near a park
- Patio
About This Home
As of December 2024Built in 2004, this tastefully designed Cape Cod duplex is perfect for an owner-occupant looking to make one of these spacious units their home, or for an investor looking for a quality property with significant rent potential. Downstairs is a 3BD/2BA with an additional room totaling 1,188 square feet of living space that boasts top-of-the line appliances, in-unit washer and dryer, a gas fireplace in the living room, and excellent natural light throughout. Upstairs is a 3BD/2BA totaling 1,361 square feet of living space offering gorgeous views of the Riviera from the entry deck and kitchen, vaulted ceilings, living room and primary suite, newer counter tops, fixtures and lights in the kitchen and in-unit washer and dryer. Currently, both units share a 442 square foot two-car garage. This property has been lovingly cared for by its owner and is primed for the next generation of ownership to capitalize on the property's quality and size.
Top floor owner's unit will be available for an owner occupant. Downstairs is currently rented for $5,295 per month with market rent estimated at $5,500. Upstairs estimated market rent is $5,700. Both occupants share all utilities 50/50. Total gross income potential is $131,940 annual.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,742
Year Built
- Built in 2004
Lot Details
- 5,227 Sq Ft Lot
- Property is in excellent condition
Interior Spaces
- 2,549 Sq Ft Home
- 2-Story Property
- Fireplace
Kitchen
- Stove
- Dishwasher
- Disposal
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Garage
- Uncovered Parking
Outdoor Features
- Property is near an ocean
- Deck
- Patio
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
- Property is near a bus stop
Schools
- Franklin Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Listing and Financial Details
- The owner pays for water, gas, electricity, heat
- Assessor Parcel Number 031-182-003
- Seller Concessions Offered
Community Details
Overview
- 2 Units
- 15 Lower Eastside Subdivision
Building Details
- Gross Income $131,940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2024
Closed on
Nov 25, 2024
Sold by
Diede Grant Walker and Forchione Jessica Sierra
Bought by
Mattos Piper Miranda
Seller's Agent
Christos Celmayster
Hayes Commercial Group
Buyer's Agent
Mia Teetsel
Berkshire Hathaway HomeServices California Properties
List Price
$2,290,000
Sold Price
$2,051,000
Premium/Discount to List
-$239,000
-10.44%
Total Days on Market
103
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,219
Avg. Annual Appreciation
7.18%
Original Mortgage
$1,290,000
Outstanding Balance
$1,287,679
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$819,540
Purchase Details
Listed on
Jul 8, 2022
Closed on
Aug 10, 2022
Sold by
Workman Forgey and Workman Gail
Bought by
Diede Grant Walker and Forchione Jessica Sierra
Seller's Agent
Austin Jones
Omega Real Estate and Investments
Buyer's Agent
Austin Jones
Sotheby's International Realty
List Price
$1,895,000
Sold Price
$1,920,000
Premium/Discount to List
$25,000
1.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,515,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 14, 2019
Closed on
Nov 6, 2019
Sold by
Arriaga Rudy and Arriaga Rachel M
Bought by
Forgey Larry and Forgey Gall Workman
Seller's Agent
Emily Termond
Keller Williams Realty Santa Barbara
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,200,000
Sold Price
$1,152,500
Premium/Discount to List
-$47,500
-3.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.92%
Purchase Details
Closed on
Jun 20, 2013
Sold by
Arriaga Esperanza
Bought by
Arriaga Esperanza
Purchase Details
Closed on
Oct 16, 2008
Sold by
Arriaga Rudy and Arriaga Rachel
Bought by
Arriaga Rudy and Arriaga Rachel M
Purchase Details
Closed on
May 24, 2004
Sold by
Arriaga Esperanza and Arriaga Rachel
Bought by
Arriaga Rudy and Arriaga Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
5.86%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mattos Piper Miranda | $2,025,500 | Fidelity National Title | |
| Mattos Piper Miranda | $2,025,500 | Fidelity National Title | |
| Diede Grant Walker | $1,920,000 | Old Republic Title | |
| Forgey Larry | $1,152,500 | Wfg National Title Ins Co | |
| Arriaga Esperanza | -- | None Available | |
| Arriaga Rudy | -- | None Available | |
| Arriaga Rudy | -- | Stewart Title Of Ca Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mattos Piper Miranda | $1,290,000 | |
| Closed | Mattos Piper Miranda | $1,290,000 | |
| Previous Owner | Diede Grant Walker | $1,515,000 | |
| Previous Owner | Arriaga Rudy | $100,000 | |
| Previous Owner | Arriaga Rudy | $460,000 | |
| Previous Owner | Arriaga Rudy | $50,000 | |
| Previous Owner | Arriaga Rudy | $508,000 | |
| Previous Owner | Arriaga Esperanza | $80,000 | |
| Previous Owner | Arriaga Esperanza | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2024 12/05/24 | Sold | $2,051,000 | -2.3% | $805 / Sq Ft |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 10/17/2024 10/17/24 | Price Changed | $2,099,000 | -2.1% | $823 / Sq Ft |
| 09/25/2024 09/25/24 | Price Changed | $2,145,000 | -2.3% | $842 / Sq Ft |
| 08/19/2024 08/19/24 | Price Changed | $2,195,000 | -4.1% | $861 / Sq Ft |
| 08/07/2024 08/07/24 | For Sale | $2,290,000 | +19.3% | $898 / Sq Ft |
| 09/02/2022 09/02/22 | Off Market | $1,920,000 | -- | -- |
| 09/02/2022 09/02/22 | Off Market | $1,920,000 | -- | -- |
| 08/29/2022 08/29/22 | Sold | $1,920,000 | 0.0% | $746 / Sq Ft |
| 08/29/2022 08/29/22 | Sold | $1,920,000 | +1.3% | $753 / Sq Ft |
| 07/14/2022 07/14/22 | Pending | -- | -- | -- |
| 07/14/2022 07/14/22 | Pending | -- | -- | -- |
| 07/08/2022 07/08/22 | For Sale | $1,895,000 | 0.0% | $736 / Sq Ft |
| 07/06/2022 07/06/22 | For Sale | $1,895,000 | +64.4% | $743 / Sq Ft |
| 11/08/2019 11/08/19 | Sold | $1,152,500 | 0.0% | $448 / Sq Ft |
| 11/08/2019 11/08/19 | Sold | $1,152,500 | -4.0% | $448 / Sq Ft |
| 10/17/2019 10/17/19 | Pending | -- | -- | -- |
| 10/17/2019 10/17/19 | Pending | -- | -- | -- |
| 06/26/2019 06/26/19 | For Sale | $1,200,000 | 0.0% | $466 / Sq Ft |
| 06/26/2019 06/26/19 | For Sale | $1,200,000 | -- | $466 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $20,742 | $1,920,000 | $850,000 | $1,070,000 |
| 2022 | $12,646 | $1,187,727 | $541,047 | $646,680 |
| 2021 | $12,355 | $1,164,439 | $530,439 | $634,000 |
| 2020 | $12,228 | $1,152,500 | $525,000 | $627,500 |
| 2019 | $6,415 | $608,618 | $98,166 | $510,452 |
| 2018 | $6,323 | $596,686 | $96,242 | $500,444 |
| 2017 | $6,113 | $584,987 | $94,355 | $490,632 |
| 2016 | $6,025 | $573,517 | $92,505 | $481,012 |
| 2014 | $5,860 | $553,839 | $89,332 | $464,507 |
Source: Public Records
Agents Affiliated with this Home
-
Christos Celmayster
-
Mia Teetsel
Buyer's Agent in 2024
Mia Teetsel
Berkshire Hathaway HomeServices California Properties
(805) 687-2666
1 in this area
18 Total Sales
-
Beverly Herrera
Buyer Co-Listing Agent in 2024
Beverly Herrera
Berkshire Hathaway HomeServices California Properties
(805) 755-8405
1 in this area
12 Total Sales
-
A
Seller's Agent in 2022
Austin Jones
Omega Real Estate and Investments
-
Emily Termond
E
Seller's Agent in 2019
Emily Termond
Keller Williams Realty Santa Barbara
(805) 610-9960
2 in this area
106 Total Sales
-
Summer Knight
Seller Co-Listing Agent in 2019
Summer Knight
Sun Coast Real Estate
(805) 886-1261
1 in this area
153 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2616
APN: 031-182-003
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