4633 Gerona Way Santa Barbara, CA 93110

3 beds · 3 baths · 1,643 sq ft · Lot Size: 1,559 sq ft · Residential Condominium
Est. Property Value: $1,301,957
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4633 Gerona Way is in the 93110 neighborhood of Santa Barbara, CA. It is located in Santa Barbara County and ZIP code 93110. This Residential Condominium was built in 1996 and is approximately 29 years old. The residential condominium spans 1643 sq ft with 3 bedrooms and 3 bathrooms and sits on a 1559 sq ft lot. According to public records, it was last sold in 2024 for $1,325,000 and has a tax-assessed value of $1,162,530, which is $792 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 4633 Gerona Way Santa Barbara, CA 93110 with Property Intel by Whitepages.

4633 Gerona Way

Santa Barbara, CA 93110

Neighborhood

Owners & Occupancy for 4633 Gerona Way

No contact information is available.

Occupancy

Resident 1************** age 94

Property Financials for 4633 Gerona Way

4633 Gerona Way, Santa Barbara, CA has a mortgage from Guaranteed Rate Inc (orig. August 23, 2024). The Santa Barbara county assessment for 2024 values it at $1,162,530, with annual taxes of $10,546.

Mortgage & Equity Information

Loan Amount$******
LenderGuaranteed Rate Inc
Origination DateAugust 23, 2024
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity

Property Tax

Purchase DateAugust 01, 2024
Property Tax Amount$10,546 in 2024
Purchase Price$1,325,000
Assessed Value$1,162,530 on 2024

Investment Potential for 4633 Gerona Way

The property has a current estimated value of $1,301,957, which is 0% below the zip median, based on public records. It last sold on August 01, 2024 for $1.32M. Projected long-term
is $43,800 annually ($3,650 per month) with a 94% occupancy rate.

Discover more Residential Condominiums in 93110.

Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 93110 zip code
 
View Rental Potential

Property Details for 4633 Gerona Way

Property Details

Property Sq Ft

Living Area

1,643 sq ft

4% above market

Lot Size

1,559 sq ft

1% above market

Price Per Sq Ft

Living Area

$792 / sq ft

10% below market

Lot Size Area

$835 / sq ft

16% below market

Property condition, age, exterior, etc. for 4633 Geron…
Longitude: -119.783678 Latitude: 34.44466 Parcel Number (APN): 059-450-024…

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Market Benchmarks

Compare data for 4633 Gerona Way in Santa Barbara County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,301,957
$728,187
$573,770 (79%)
$1,028,259
$645,913 (63%)
YoY Price Change
Year Built
1996
1987
9 years
Living Space
1,643 sq ft
1,549 sq ft
94 (6%)
$ Per Living Sq Ft
$792
$480
$313 (65%)
Lot Size
1,559 sq ft
25,553 sq ft
-23994 (-94%)
$ Per Lot Sq Ft
$835
$31
$804 (2560%)

Net Operating Income
$28,073
-$10,080 (-36%)
Annual Revenue
$43,800
$44,400
-$600 (-1%)
$16,912
$8,895 (53%)
Net Operating Income
$28,073
-$10,080 (-36%)
Cap Rate
4.24%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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