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529 South Pine Street

529 South Pine Street, Santa Maria, CA 93458
Multifamily in Santa Barbara
Sold Oct 07, 2021
$275,000
$3,715,000 by Pacific Western National Bank
Mortgage Due Oct 07, 2051
Sold Nov 19, 2019
$550,000
$495,000 by Finance Of America Commercial
Mortgage Due Dec 01, 2020
529 South Pine Street in Santa Maria, CA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 529 South Pine Street has 2,185 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,860 square feet.

Learn more about the property and building on this page. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 529 South Pine Street sold most recently in Aug 23, 2021 for a total of $275,000. If you work out the math, that's approximately a cost of $125.86 per sqft. Before that, the property was also sold for $550,000 in Oct 26, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,938 in taxes each year. The initial year of tax delinquency occurred in 2022. 529 South Pine Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $857,200. If we break it down further, the land itself was valued at $367,200. Improvements to the property, however, were assessed at a total of $490,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 2,185
  • Building Area: 2,185
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,185
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THORNBURGS ADDITION
  • Land Acres: 0.41
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: THORNBURGS ADD LOT 1 & 2 BLK 6

Ownership

  • Current Owner : CHG SOUTH PINE LLC
  • Previous Owner : COASTLINE HOUSING GROUP LLC
  • Owner Before Previous Owner: DELEON ANGEL
  • Owner Before Previous Owner 2: DELEON JESSE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Maria Joint Union High School District
  • Census Tract: 002407

Geography

  • Assessors Map Reference: 202-E6
  • Parcel: 123-131-014
  • Block: 6
  • Lot: 1,2
  • Municipality: CITY OF SANTA MARIA CITY
  • Latitude: 34.9473
  • Longitude: -120.439

    Address

  • Full Address: 529 S Pine St
  • Address - House Number: 529
  • Street Direction: S
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Maria
  • Carrier Code: C018
  • 4-Digit Zip Code: 5649
  • Zip Code: 93458

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,938
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 684,371
  • High Value: 806,666
  • Low Value: 562,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,715,000
  • First Open Lien Mortgage Lender: PACIFIC WESTERN NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $3,715,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Oct 07, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $857,200
  • Assessed Land Value: $367,200
  • Assessed Improvements Value: $490,000

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11858950605
  • Current Sale Price: $275,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0070630
  • Previous Sale Recording Date: Nov 19, 2019
  • Previous Sale Contract Date: Oct 26, 2019
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC WESTERN NATIONAL BANK
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $3,715,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Nov 19, 2019
  • Previous Mortgage Loan Amount: $495,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Dec 01, 2020

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Frequently Asked Questions

What neighborhood is 529 South Pine Street located in?
The 529 South Pine Street is a multifamily located in the neighborhood of Santa Barbara in Santa Maria, Santa Maria.
What is the average sales price for listings in 529 South Pine Street?
The average sales price for units in 529 South Pine Street is $0 currently.

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