1218 State Street

1218 State Street in Santa Barbara, CA was first built in 1930 and is 94 years old. This has been categorized as a commercial property type. In total, the area measurement of the land is 3,485 square feet.

Learn more about the property and building on this page. The property was last sold in Sep 12, 2022 for $2,300,000. That's $967.20 per sqft. 1218 State Street was last assessed in 2023. The total value of the property was assessed at $2,300,000. Specifically, the land the property is located on was valued at $900,000. While improvements on the property were assessed at a total of $1,400,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $20,987. The initial tax year of delinquency was in 2022. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!