NOT LISTED FOR SALE

Estimated Value: $2,660,000 - $4,465,000

3 Beds
3.5 Baths
3,436 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $3,450,000 $1,004 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $24,502/month

230 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Dining Area
  • Multiple Fireplaces
  • Forced Air Heating System

About This Home

As of October 2018

Very nice contemporary beachfront home at Mandalay Beach. Original owner, never lived in full time. Open floor plan with ocean views from dining area, kitchen, and high ceiling beachfront living room. Wall to wall and ceiling to floor center out sliding glass doors open to large beachfront deck with direct access to the sand, Each bedroom has attached bathroom. Den/tv room has attached half bath. Pocket doors close for privacy, can be additional spare bedroom. Master bedroom suite on beachfront side of house with outside deck. Laundry room in house, and a rare 4 car garage. Great ocean, island, whitewater, sunset, and coastal views out over the Santa Barbara channel to the Channel Islands...

Last Agent to Sell the Property

Gary Cuoco

Re/Max Gold Coast Realty License #00608201 Listed on: 06/05/2018

Re/Max Gold Coast Realty

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 2,875

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,436 Sq Ft Home
  • Multiple Fireplaces
  • Dining Area
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 191-0-051-425

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: 5th street west to Mandalay Beach Rd left to 1005
  • Prop. Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room, In Unit
  • Architectural Style: Contemporary
  • Property Information Year Built2: 2003
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Within City Limits: No
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Style:Contemporary2: Yes
  • Fireplace(s):_two_3: Yes
  • Laundry In Unit2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 191-0-051-425
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Sep 6, 2018
Sold by
Mdm Acquistions Llc
Bought by
Rodell Ronald Robert and Rodell Jeanine Marie
Seller's Agent
Gary Cuoco
Re/Max Gold Coast Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,595,000
Sold Price
$3,450,000
Premium/Discount to List
-$145,000
-4.03%
Current Estimated Value
$3,985,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,415
Avg. Annual Appreciation
0.14%
Original Mortgage
$2,240,000
Outstanding Balance
$1,949,389
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,536,955

Purchase Details

Closed on
Dec 14, 2004
Sold by
Edg Acquisitions Llc
Bought by
Mdm Acquisitions Llc

Purchase Details

Closed on
Nov 12, 2003
Sold by
Sandefer James and Sandefer Dori A
Bought by
Edg Acquisitions

Purchase Details

Closed on
Apr 9, 2002
Sold by
Oneill William B and Oneill Marilyn E
Bought by
Sandefer James and Sandefer Dori A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodell Ronald Robert $3,450,000 Fidelity National Title
Mdm Acquisitions Llc -- Lawyers Title Company
Edg Acquisitions $1,650,000 Lawyers Title
Sandefer James $650,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodell Ronald Robert $2,240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2018 10/02/18 Sold $3,450,000 -4.0% $1,004 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
01/14/2018 01/14/18 For Sale $3,595,000 -- $1,046 / Sq Ft
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
2025 $46,411 $3,848,538 $2,501,552 $1,346,986
2024 $46,411 $3,773,077 $2,452,502 $1,320,575
2023 $44,708 $3,699,096 $2,404,414 $1,294,682
2022 $43,355 $3,626,565 $2,357,268 $1,269,297
2021 $43,008 $3,555,456 $2,311,047 $1,244,409
2020 $43,814 $3,519,000 $2,287,350 $1,231,650
2019 $42,573 $3,450,000 $2,242,500 $1,207,500
2018 $28,697 $2,311,689 $1,686,912 $624,777
2017 $27,226 $2,266,363 $1,653,836 $612,527
2016 $26,267 $2,221,925 $1,621,408 $600,517
2015 $26,548 $2,188,551 $1,597,053 $591,498
2014 $26,255 $2,145,682 $1,565,770 $579,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-134

Santa Barbara Multiple Listing Service

APN: 191-0-051-425