NOT LISTED FOR SALE

Estimated Value: $1,788,000

1.78 Acres
$1,004,494 Price per Acre
77,537 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $1,650,000

Est. 8% increase in value since last sale

Current estimated payment $11,188/month

124 Days on Market

Highlights

  • Ocean View
  • 1.78 Acre Lot
  • Level Lot
  • Property is near an ocean

About This Lot

As of March 2022

Enter through the gates of the exclusive private gated community of Rancho Monte Alegre where Lot 2 awaits with enticing ocean and mountain views mountain views and a flourishing, expertly maintained avocado orchard. Lot 2 is set on 1.78 ± acres and provides a .75-acre residential development envelope that allows for a main residence up to 5,500 sf and a residential secondary unit. Become part of this historic 3,200-acre property that borders a riparian corridor with access to 2,800 acres of deeded open space, an extensive multi-use trail system & cascading waterfalls. Only minutes from the seaside town of Carpinteria, the land offers a rare opportunity to design a custom home on one of the last remaining undeveloped properties on the Central Coast.

Last Listed By

Suzanne Perkins

Compass Listed on: 02/16/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,304

Lot Details

  • 1.78 Acre Lot
  • Level Lot
  • Property is zoned A-1

Property Views

  • Ocean
  • Peek-A-Boo
  • Mountain

Outdoor Features

  • Property is near an ocean

Schools

  • Canalino Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Underground Utilities
  • Gas Available
  • Septic Needed
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 004-002-039

Property Details

Property Type

Land

Est. Annual Taxes

$15,304

Lot Details

0

Listing Details

  • Directions: Entrance gate is located at the end of Santa Monica Creek Road, about one mile north of the 101 freeway exit. Lots 1 & 2 are to the left of the entrance gate.
  • Prop. Type: Land
  • Miscellaneous Pad Size: 0.75 acre
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Property Information Apx # Acres: 1.78
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Site Improvements Telephone3: Yes
  • Site Improvements Util At Site: Yes
  • Utility Info Electric2: Yes
  • Utility Info Telephone2: Yes
  • Utility Info Cable2: Yes
  • Proximity Near Ocean2: Yes
  • ViewOcean: Yes
  • View Setting3: Yes
  • Site Improvements Cable TV3: Yes
  • WaterSewer Septic Req: Yes
  • View PartialFiltered2: Yes
  • WaterSewer Meter In: Yes
  • Utility Info Gas6: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean, Partial/Filtered, Setting
  • Acres: 1.78
  • Topography: Level

Utilities

  • Utilities: Underground Utilities
  • Water Source: Meter In, Carp Wtr

Schools

  • Elementary School: Canalino
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 004-002-039
  • Zoning: A-1
  • Lot Size Sq Ft: 77536.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 22, 2022
Sold by
Sternin Family Trust
Bought by
Scalapino-Long Trust
Seller's Agent
Suzanne Perkins
Compass
Buyer's Agent
Jen Plana
Coldwell Banker Realty
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Total Days on Market
124
Current Estimated Value
$1,788,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,000

Purchase Details

Closed on
Jul 1, 2005
Sold by
Rma Partners Vi Llc
Bought by
Sternin Robert A and Sternin Prudence S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,849,029
Interest Rate
5.65%
Mortgage Type
Construction

Purchase Details

Closed on
May 6, 2004
Sold by
Hopkins Thomas J and Hopkins John R
Bought by
Rma Partners Vi Llc

Purchase Details

Closed on
Jul 14, 2000
Sold by
Stegall Arthur John and Stegall Rosann Elizabeth
Bought by
Hammer Land Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scalapino-Long Trust $1,650,000 Chicago Title
Sternin Robert A $1,000,000 Lawyers Title Co
Rma Partners Vi Llc -- Lawyers Title Company
Hammer Land Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rma Partners Vi Llc $14,849,029
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $1,650,000 -5.7% --
02/22/2022 02/22/22 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,750,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $15,304 $1,430,601 $1,430,601 $0
2022 $12,986 $1,223,370 $1,223,370 $0
2021 $12,629 $1,199,383 $1,199,383 $0
2020 $12,504 $1,187,085 $1,187,085 $0
2019 $12,259 $1,163,809 $1,163,809 $0
2018 $12,066 $1,140,990 $1,140,990 $0
2017 $11,858 $1,118,618 $1,118,618 $0
2016 $11,653 $1,096,685 $1,096,685 $0
2014 $10,832 $1,059,053 $1,059,053 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3905

Santa Barbara Multiple Listing Service

APN: 004-002-039