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245 5th St

Solvang, CA 93463

2 bd 2 ba 1,316 sqft Built 1980 Lot 769 sqft condo
Most recent sale
$510,000
Feb 6, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 6, 2023 Sold $510,000 CRMLS
Feb 2, 2023 Listing removed NSBCRMLS
Dec 7, 2022 Price changed $519,999 CRMLS
Nov 10, 2022 Relisted $520,000 CRMLS
Nov 6, 2022 Listing removed CRMLS
Oct 28, 2022 Price changed $525,000 MLS #22002146
Oct 19, 2022 Price changed $530,000 MLS #SC22199365
Sep 23, 2022 Listed $539,900 MLS #22002146
Dec 29, 2021 Listing removed NSBCRMLS
Dec 29, 2021 Sold $505,000 Public Record
Nov 19, 2021 Relisted $490,000 MLS #SC21237501
Oct 31, 2021 Listed $480,000 MLS #SC21237501
May 1, 2017 Listing removed $350,000 NSBCRMLS
Apr 6, 2017 Listed $350,000 MLS #1071126
Feb 16, 2017 Listing removed $350,000 SantaBarbara
Feb 15, 2017 Sold $332,500 Public Record
Feb 9, 2017 Listing removed $350,000 CentralCoast
Jan 12, 2017 Relisted $350,000 MLS #1071126
Nov 1, 2016 Listing removed $350,000 CentralCoast
Oct 21, 2016 Price changed $350,000 MLS #1071126
Sep 20, 2016 Price changed $355,000 MLS #1071126
Sep 13, 2016 Listed $375,000 MLS #1071126
Aug 21, 2016 Listed $375,000 MLS #16-2798
Dec 11, 2013 Listing removed $325,000 SantaBarbara
Dec 11, 2013 Sold $325,000 Public Record
Oct 11, 2013 Listed $325,000 MLS #13-3266
Mar 11, 2005 Sold $450,000 Public Record
Mar 10, 1999 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $270,504 $260,100 $530,604 $5,744
2024 $270,504 $260,100 $530,604 $5,643
2023 $260,100 $255,000 $515,100 $5,532
2022 $255,000 $250,000 $505,000 $5,456
2021 $249,286 $107,219 $356,505 $3,871
2020 $246,730 $106,120 $352,850 $3,815
2019 $241,893 $104,040 $345,933 $3,740
2018 $237,150 $102,000 $339,150 $3,675
2017 $211,248 $132,029 $343,277 $3,673
2016 $207,106 $129,441 $336,547 $3,547
2015 $203,996 $127,497 $331,493 $3,419
2014 $200,000 $125,000 $325,000 $3,425
2013 $121,000 $121,000 $242,000 $2,551
2012 $121,000 $121,000 $242,000 $2,551
2010 $134,000 $134,000 $268,000 $2,873
2009 $134,000 $134,000 $268,000 $2,911
2008 $203,000 $203,000 $406,000 $4,402
2007 $225,000 $225,000 $450,000 $4,882

Property facts

Year built
1980
Property type
condo
Stories
Beds
2
Baths
2
Living area
1,316 sqft
Lot size
769 sqft
ZIP code
93463
City
Solvang
Street
5th St
Coordinates
34.59175, -120.14601

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
9.91%
Implied cap rate
6.44%
Trend-extrapolated value

Frequently asked questions

When did 245 5th St last sell?
245 5th St most recently sold on Feb 6, 2023 for $510,000.
What is the current tax assessment for 245 5th St?
The most recent total assessment for 245 5th St (year 2025) is $530,604 with $5,744 in property tax.
How does 245 5th St's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $510,000.
When was 245 5th St built?
245 5th St was built in 1980.
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, 769 sqft lot condo.
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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