1229 East Cota Street

1229 East Cota Street has been categorized by the local assessors in Santa Barbara, CA as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The area measurement of the land has been determined as 11,326 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1229 East Cota Street sold most recently in Mar 22, 2024 for a total of $1,895,000. If you work out the math, that's approximately a cost of $1,539.40 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,118 in taxes each year. The initial year of tax delinquency occurred in 2022. 1229 East Cota Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $195,640. If we break it down further, the land itself was valued at $40,011. Improvements to the property, however, were assessed at a total of $155,629. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!