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245 5th St

Solvang, CA 93463

2 bd 2 ba 1,388 sqft Built 1979 Lot 763 sqft condos
Most recent sale
$485,000
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2022 Sold $485,000 Public Record
Dec 2, 2021 Relisted $490,000 MLS #SC21237497
Nov 2, 2021 Listed $480,000 MLS #21002572
Oct 31, 2021 Listed $480,000 MLS #SC21237497
Jul 6, 2017 Sold $345,000 SantaBarbara
Jun 30, 2017 Sold $345,000 Public Record
Jun 13, 2017 Listing removed $357,000 NSBCRMLS
May 22, 2017 Price changed $357,000 MLS #1700404
May 21, 2017 Listed $357,000 MLS #17-1694
May 13, 2017 Listed $377,000 MLS #1700404
Apr 20, 2005 Sold $405,000 Public Record
Feb 10, 2000 Sold $180,000 Public Record
Jan 20, 1999 Sold $151,500 Public Record
Nov 11, 1987 Sold $128,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $302,444 $212,241 $514,685 $5,555
2024 $302,444 $212,241 $514,685 $5,456
2023 $285,000 $200,000 $485,000 $5,261
2022 $267,941 $109,363 $377,304 $4,083
2021 $262,688 $107,219 $369,907 $4,014
2020 $259,995 $106,120 $366,115 $3,956
2019 $254,898 $104,040 $358,938 $3,878
2018 $249,900 $102,000 $351,900 $3,810
2017 $147,000 $142,000 $289,000 $3,175
2016 $140,000 $135,000 $275,000 $2,976
2015 $133,000 $129,000 $262,000 $2,762
2014 $130,000 $126,000 $256,000 $2,699
2013 $104,000 $101,000 $205,000 $2,162
2012 $104,000 $101,000 $205,000 $2,162
2010 $115,000 $112,000 $227,000 $2,429
2009 $115,000 $112,000 $227,000 $2,467
2008 $174,000 $170,000 $344,000 $3,731
2007 $205,000 $200,000 $405,000 $4,394

Property facts

Year built
1979
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,388 sqft
Lot size
763 sqft
ZIP code
93463
City
Solvang
Street
5th St
Coordinates
34.59179, -120.14582

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,442
Gross rental yield
10.99%
Implied cap rate
7.14%
Trend-extrapolated value

Frequently asked questions

When did 245 5th St last sell?
245 5th St most recently sold on Jan 14, 2022 for $485,000.
What is the current tax assessment for 245 5th St?
The most recent total assessment for 245 5th St (year 2025) is $514,685 with $5,555 in property tax.
How does 245 5th St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $485,000.
When was 245 5th St built?
245 5th St was built in 1979.
How does 245 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 245 5th St?
245 5th St is a 2 bed, 2 bath, 1,388 sqft, 763 sqft lot condos.
Is 245 5th St a flip candidate?
No — 245 5th St does not appear in our flips dataset.
Is 245 5th St a tax-appeal candidate?
No — 245 5th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.0%
2026 Q3
$2.87M
2026 Q4
$2.87M
ZIP 93463 — Median Price History + Forecast

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