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245 5th St

Solvang, CA 93463

2 bd 2 ba 1,316 sqft Built 1979 Lot 871 sqft condo_townhome_rowhome_coop
Most recent sale
$540,000
Apr 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 23, 2025 Price changed $599,000 CRMLS
Nov 6, 2025 Listed $610,000 SantaBarbara
Nov 5, 2025 Listed $610,000 CRMLS
Apr 22, 2024 Sold $540,000 CRMLS
Mar 21, 2024 Listing removed NSBCRMLS
Mar 8, 2024 Listed $549,000 CRMLS
Feb 18, 2024 Listing removed RentRedi
Jan 30, 2024 Price changed (rent) $3,100 RentRedi
Jan 10, 2024 Price changed (rent) $3,200 RentRedi
Dec 18, 2023 Listed for rent $3,300 RentRedi
Oct 11, 2023 Sold $425,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $244,800 $306,000 $550,800 $5,978
2024 $244,800 $306,000 $550,800 $5,001
2023 $133,330 $77,937 $211,267 $2,290
2022 $130,716 $76,409 $207,125 $2,252
2021 $128,153 $74,911 $203,064 $2,215
2020 $126,839 $74,143 $200,982 $2,182
2019 $124,352 $72,690 $197,042 $2,139
2018 $121,914 $71,265 $193,179 $2,103
2017 $119,524 $69,868 $189,392 $2,067
2016 $117,181 $68,499 $185,680 $1,997
2015 $115,421 $67,471 $182,892 $1,929
2014 $113,161 $66,150 $179,311 $1,891
2013 $112,650 $65,852 $178,502 $1,882
2012 $110,442 $64,561 $175,003 $1,845
2010 $108,277 $63,296 $171,573 $1,876
2009 $107,724 $62,973 $170,697 $1,919
2008 $105,612 $61,739 $167,351 $1,883
2007 $103,542 $60,529 $164,071 $1,848

Property facts

Year built
1979
Property type
condo_townhome_rowhome_coop
Stories
Beds
2
Baths
2
Living area
1,316 sqft
Lot size
871 sqft
ZIP code
93463
City
Solvang
Street
5th St
Coordinates
34.59176, -120.14595

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
$4,211
Gross rental yield
9.36%
Implied cap rate
6.08%
Trend-extrapolated value

Frequently asked questions

When did 245 5th St last sell?
245 5th St most recently sold on Apr 22, 2024 for $540,000.
What is the current tax assessment for 245 5th St?
The most recent total assessment for 245 5th St (year 2025) is $550,800 with $5,978 in property tax.
How does 245 5th St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $540,000.
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, 1,316 sqft, 871 sqft lot condo_townhome_rowhome_coop.
Is 245 5th St a flip candidate?
Yes — 245 5th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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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