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780 Mission Canyon Rd,Santa...

Colleen Ballinger Acquires Single Family Property In Santa Barbara, CA For $6.2M
SOLDSingle Family

Colleen Ballinger Acquires Single Family Property In Santa Barbara, CA For $6.2M

780 Mission Canyon Rd,Santa Barbara, CA

$6,187,000

$1,013/SF

Building Size

6,105 SF

Asset Type

Single Family

Closing

Nov 8, 2022

AI

The single-family property located at 780 Mission Canyon Rd in Santa Barbara, CA has been sold for a total price of $6,187,000. This property spans an area of 1.09 acres and offers 6,105 square feet of living space. The sale price per square foot is $1,013. The transaction took place on November 8, 2022.

Summary of transaction details

Colleen Ballinger has acquired the property at 780 Mission Canyon Rd. The seller's representative, Konstantine Valissarakos from Nourmand & Associates, facilitated the transaction. The deal involved a single-family property with a spacious 6,105 square feet of living space on a beautiful 1.09-acre lot. The property is located in Santa Barbara, CA.

Players

Konstantine Valissarakos

Nourmand & Associates

Broker

$12.2M

vol

2 deals

Broker

Colleen Ballinger

Buyer

$9.6M

vol

2 deals

Buyer

Santa Barbara Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93