NOT LISTED FOR SALE

Estimated Value: $3,496,000 - $4,316,000

4 Beds
4 Baths
2,747 Sq Ft
$1,464/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $3,640,000 $1,325 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $24,351/month

56 Days on Market

Highlights

  • Ocean View
  • Greenhouse
  • Maid or Guest Quarters
  • Santa Barbara Senior High School Rated A-
  • Midcentury Modern Architecture
  • Wood Flooring

About This Home

As of June 2022

Proudly perched at the top of the Santa Barbara Riviera, you will find this classic Paul Green mid century home. Offering ocean and mountain views from the front and back and commanding over 1/2 of a flat acre to enjoy them from this is a unique and special property.

Inside you will find 3 spacious bedrooms and 3 full baths, lovely Maple hardwood floors, & plenty of natural light. The double set of french doors draw you out to a large patio with views to enjoy quintessential Santa Barbara outdoor living. There is also an attached charming 1 bedroom spacious apartment with its own entrance, private patio and of course more views.

Outside, the expansive yard is filled with a variety of plants and fruit trees, mature palms, and views in all directions. There is even a charming 'potting barn' perfect for keeping the yard full of interesting plant life.

This spacious property is a rare combination of single level living with an abundance of outdoor usable yard and a separate living area. A rare find on the Santa Barbara Rivera!

Come up and take a walk through this sprawling knoll top property and savor the views.

Last Agent to Sell the Property

Michelle Cook

Compass License #01451543 Listed on: 03/12/2022

Compass

Last Buyer's Agent

David Kim

Village Properties License #01813897

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.53 Acre Lot
  • Level Lot
  • Property is in excellent condition

Parking

  • Attached Garage

Property Views

  • Ocean
  • City
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,747 Sq Ft Home
  • Central Vacuum
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Greenhouse
  • Shed

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 019-130-012

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Directions: APS to Las Alturas. Property at the top on the right hand side. Do not access from Terrace Road side...although MAPS may take you there.
  • Prop. Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level
  • Architectural Style: Mid-century Modern, Ranch
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s), Greenhouse
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1952
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2747.0
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Property Information Apx Lot SqFt: 23086.0
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Style Mid-century Modern: Yes
  • Laundry Gas Hookup2: Yes
  • FlrWdw Coverings Wood2: Yes
  • View City4: Yes
  • Appliances Included Central Vac2: Yes
  • Other Buildings Greenhouse2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vac, Dishwasher, Double Oven, Dryer, Gas Stove, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Ocean, City
  • Construction Type: Stucco
  • Acres: 0.53
  • Topography: Level
  • Foundation Details: Slab
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Cleveland
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 019-130-012
  • Zoning: Other
  • Lot Size Sq Ft: 23086.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
May 17, 2022
Sold by
Espig Living Trust
Bought by
Reed Jason and Knight Rachael
Seller's Agent
Michelle Cook
Compass
Buyer's Agent
David Kim
Village Properties
Sold Price
$3,640,000
Current Estimated Value
$4,020,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,847
Avg. Annual Appreciation
2.80%
Original Mortgage
$2,450,000
Outstanding Balance
$2,296,769
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,724,078
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reed Jason $3,640,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Jason $2,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2022 06/04/22 Off Market $3,640,000 -- --
06/02/2022 06/02/22 Sold $3,640,000 -- $1,325 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
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 $40,168 $3,862,796 $2,069,355 $1,793,441
2023 $40,168 $3,459,000 $1,853,000 $1,606,000
2022 $3,431 $317,481 $32,630 $284,851
2021 $3,348 $311,257 $31,991 $279,266
2020 $3,312 $308,066 $31,663 $276,403
2019 $3,252 $302,027 $31,043 $270,984
2018 $3,203 $296,106 $30,435 $265,671
2017 $3,095 $290,301 $29,839 $260,462
2016 $3,097 $284,609 $29,254 $255,355
2014 $3,012 $274,845 $28,251 $246,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-477

Santa Barbara Multiple Listing Service

APN: 019-130-012