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535 East Montecito Street

535 East Montecito Street, Santa Barbara, CA 93103
Property in Lower East
Sold Mar 02, 2021
$477,500
$382,000 by Finance Of America Mortgage Ll
Mortgage Due Mar 01, 2051
Sold Sep 23, 2011
$380,000
$360,990 by Guild Mortgage Co
Mortgage Due Oct 01, 2041
Local assessors in Santa Barbara, CA have categorized 535 East Montecito Street as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 77,537 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 535 East Montecito Street has a total of 1,031 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 535 East Montecito Street was last sold in Feb 3, 2021 for $477,500. According to our calculations, that's $463.14 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Sep 14, 2011. Current property owners are expected to pay $5,137 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 535 East Montecito Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $496,791. To break that down further, the land itself was valued at $234,090. While improvements to the property were assessed at a total of $262,701. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 77,537
  • Total Building Area: 1,031
  • Building Area: 1,031
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,031
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST BEACH COLLECTION
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JENSEN ANNIKA
  • Current Owner 2: ESTALA RICARDO MARQUEZ
  • Previous Owner : ROBINSON JENNIFER
  • Owner Before Previous Owner: CITY VENTURES HOMEBUILDING LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Barbara Unified School District
  • Census Tract: 000900

Zoning

  • Zoning: M1

Geography

  • Assessors Map Reference: 20-A2
  • Parcel: 031-580-001
  • Block: 263
  • Lot: 1
  • Municipality: CITY OF SANTA BARBARA CITY
  • Latitude: 34.4211
  • Longitude: -119.687

    Address

  • Full Address: 535 E Montecito St
  • Address - House Number: 535
  • Street Direction: E
  • Address - Street Name: Montecito
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Barbara
  • Carrier Code: C022
  • 4-Digit Zip Code: 3216
  • Zip Code: 93103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,137
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 02-001

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 702,413
  • High Value: 829,855
  • Low Value: 574,970

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $764,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Mar 02, 2021
  • First Open Lien Mortgage Loan Amount: $382,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: SANTA BARBARA COTTAGE HOSPITAL
  • Second Open Lien Mortgage Recording Date: Mar 02, 2021
  • Second Open Lien Mortgage Loan Amount: $382,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Mar 02, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $496,791
  • Assessed Land Value: $234,090
  • Assessed Improvements Value: $262,701

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Transaction ID: 11822727353
  • Current Sale Price: $477,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0016434
  • Previous Sale Recording Date: Sep 23, 2011
  • Previous Sale Contract Date: Sep 14, 2011
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Mar 02, 2021
  • First Mortgage Loan Amount: $382,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 23, 2011
  • Previous Mortgage Loan Amount: $360,990
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About Eastside



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Frequently Asked Questions

What neighborhood is 535 East Montecito Street located in?
The 535 East Montecito Street is a located in the neighborhood of Lower East in Eastside, Santa Barbara.
What is the average sales price for listings in 535 East Montecito Street?
The average sales price for units in 535 East Montecito Street is $0 currently.

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