NOT LISTED FOR SALE

Estimated Value: $1,564,000 - $2,325,000

2.13 Acres
$874,892 Price per Acre
92,783 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $1,300,000

Est. 43% increase in value since last sale

Current estimated payment $11,369/month

6 Days on Market

Highlights

  • Panoramic View
  • 2.13 Acre Lot
  • Property is near a park
  • Hope Elementary School Rated A
  • Hilly Lot
  • Level Lot

About This Lot

As of August 2021

Unlimited potential with this special piece of land. A rare find and opportunity to develop a special haven for your family or a custom development. This spectacular location is removed from the street, but within 6 minutes of driving distance to La Cumbre Plaza and downtown State Street. Directly adjacent to the San Marcos Foothills Nature Preserve, the views are some of the best in Santa Barbara offering peace and tranquility. There has been significant investment by owners to develop the property. This property has two access driveways on each end, which makes potential that much more significant for all builders and investors. A wonderful opportunity to make your dreams come true!

Last Agent to Sell the Property

John Venti

Compass License #01068863 Listed on: 07/10/2021

Compass

Last Buyer's Agent

Robert Kemp

Do Not Use

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,574

Lot Details

  • 2.13 Acre Lot
  • Level Lot
  • Flag Lot
  • Hilly Lot
  • Property is zoned R-4

Property Views

  • Panoramic
  • Woods
  • Mountain

Location

  • Property is near a park
  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 055-070-032

Property Details

Property Type

Land

Est. Annual Taxes

$14,574

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level, Rolling Slope, Flag Lot, Near Public Transit
  • Property Information Apx # Acres: 2.13
  • NeighborhoodSchools Elementary School: Foothill
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • LocationTopo Hilly2: Yes
  • Utility Info Electric2: Yes
  • Utility Info Sewer: Yes
  • Utility Info Telephone2: Yes
  • Utility Info Cable2: Yes
  • Proximity Near Park(s)2: Yes
  • View Wooded3: Yes
  • Proximity Near Bus: Yes
  • View Other27: Yes
  • LocationTopo Flag Lot2: Yes
  • Utility Info Gas6: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Other, Mountain(s), Wooded, Panoramic
  • Acres: 2.13
  • Topography: Hilly, Rolly, Level

Utilities

  • Water Source: SB Wtr

Schools

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

Lot Info

  • Parcel #: 055-070-032
  • Zoning: R-4
  • Lot Size Sq Ft: 92782.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Neleman Cato Eddy Marianneke
Bought by
Cato Neleman Living Trust and Neleman
Current Estimated Value
$1,863,520

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jul 28, 2021
Sold by
Mishina Natalya and Mishin Sergey
Bought by
Neleman Cato Eddy Marianneke
Seller's Agent
John Venti
Compass
Buyer's Agent
Robert Kemp
Do Not Use
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Listed on
Dec 6, 2018
Closed on
Mar 27, 2019
Sold by
Villa Theodore B
Bought by
Natalya Mishlna and Natalya Sergey Mishlna
Seller's Agent
David Hekhouse
Village Properties
Buyer's Agent
John Venti
Redfin Corporation
List Price
$1,248,000
Sold Price
$1,168,000
Premium/Discount to List
-$80,000
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Source: Public Records

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
Cato Neleman Living Trust -- None Listed On Document
Neleman Cato Eddy Marianneke $1,300,000 Chicago Title Company
Natalya Mishlna $1,168,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $1,300,000 -7.1% --
07/16/2021 07/16/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $1,399,000 +19.8% --
04/08/2019 04/08/19 Sold $1,168,000 -6.4% --
03/18/2019 03/18/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $1,248,000 -- --
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
2025 $14,574 $2,379,570 $1,479,570 $900,000
2023 $14,574 $1,326,000 $1,326,000 $0
2022 $14,063 $1,300,000 $1,300,000 $0
2021 $12,812 $1,203,702 $1,203,702 $0
2020 $12,677 $1,191,360 $1,191,360 $0
2019 $460 $32,939 $32,939 $0
2018 $7,419 $700,000 $700,000 $0
2017 $368 $31,661 $31,661 $0
2016 $403 $31,041 $31,041 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2588

Santa Barbara Multiple Listing Service

APN: 055-070-032