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Sold Oct 19, 2020
$3,450,000
$1,000,000
by First Republic Bank
Mortgage Due Nov 01, 2050
Sold Nov 20, 2015
$2,832,500
155 East Valerio 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 1950 and is 74 years old.
The home has a total of 4 bedrooms.
Residents will have access to 4 full bathrooms.
There are 5 partial bathrooms in the home.
In addition, 155 East Valerio Street has 3,353 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 6,098 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. There is a single fireplace in the home. Perfect for those wintery nights. 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, 155 East Valerio Street sold most recently in Oct 6, 2020 for a total of $3,450,000. If you work out the math, that's approximately a cost of $1,028.93 per sqft. Before that, the property was also sold for $2,832,500 in Oct 28, 2015. 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 $37,383 in taxes each year. The initial year of tax delinquency occurred in 2022. 155 East Valerio Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,589,380. If we break it down further, the land itself was valued at $1,144,440. Improvements to the property, however, were assessed at a total of $2,444,940. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. There is a single fireplace in the home. Perfect for those wintery nights. 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, 155 East Valerio Street sold most recently in Oct 6, 2020 for a total of $3,450,000. If you work out the math, that's approximately a cost of $1,028.93 per sqft. Before that, the property was also sold for $2,832,500 in Oct 28, 2015. 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 $37,383 in taxes each year. The initial year of tax delinquency occurred in 2022. 155 East Valerio Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,589,380. If we break it down further, the land itself was valued at $1,144,440. Improvements to the property, however, were assessed at a total of $2,444,940. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
155 East Valerio Street, Santa Barbara, CA 93101
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