NOT LISTED FOR SALE

Estimated Value: $5,944,000 - $8,542,000

4 Beds
4.5 Baths
4,810 Sq Ft
$1,445/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $2,800,000 $582 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $40,169/month

76 Days on Market

Highlights

  • Ocean View
  • Reverse Osmosis System
  • Lawn
  • Cold Spring Elementary School Rated A
  • Marble Flooring
  • Home Office

About This Home

As of May 2012

Beautifully constructed single level custom home of approx. 5,000 square feet of gracious living. 4 bed suites, 2 offices, gourmet kit, relaxing entertainment patio w/BBQ center, fireplace, ocean, island, mountain views in private location.

Last Agent to Sell the Property

Barbara Koutnik

Sotheby's International Realty License #00809916 Listed on: 01/31/2012

Last Buyer's Agent

Fred Bradley

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,601

Year Built

  • Built in 2006

Lot Details

  • 0.89 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Gas Range
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Wheelchair Access
  • Doors are 32 inches wide or more
  • Stepless Entry

Outdoor Features

  • Patio
  • Built-In Barbecue

Location

  • Property is near schools
  • Property is near shops

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 011-160-063

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,601

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Subdivision Name: Other
  • Reso Accessibility Features: Wheelchair Access, Wide Doors
  • Architectural Style: Other
  • Reso Flooring: Carpet, Marble
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2006
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.89
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Property Information Apx Lot SqFt: 38768.0
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Dining In Living Room2: Yes
  • Handicapped Access Wide Doors2: Yes
  • Handicapped Access Wheelchair Access: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Bltin, Dishwasher, Disposal, Double Oven, Dryer, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Total Bedrooms: 9
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile, Metal
  • View: Mountain(s), Ocean
  • Construction Type: Stucco, Other
  • Acres: 0.89
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 011-160-063
  • Zoning: R-1
  • Lot Size Sq Ft: 38768.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 18, 2012
Sold by
Nathan James A and Nathan Ilene
Bought by
Frampton George H and Frampton Susan K
Seller's Agent
Barbara Koutnik
Sotheby's International Realty
Buyer's Agent
Fred Bradley
Pitts & Bachmann Realtors
List Price
$3,095,000
Sold Price
$2,800,000
Premium/Discount to List
-$295,000
-9.53%
Current Estimated Value
$6,951,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,151,332
Avg. Annual Appreciation
7.39%
Original Mortgage
$1,850,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2009
Sold by
Nathan James A
Bought by
Nathan James A and Nathan Ilene
Source: Public Records

Range of Values:

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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
Frampton George H $2,800,000 Chicago Title Company
Nathan James A -- None Available
Nathan James A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frampton George H $1,400,000
Closed Frampton George H $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $2,800,000 -9.5% $582 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $3,095,000 -- $643 / 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 $37,601 $3,516,951 $1,946,883 $1,570,068
2023 $37,601 $3,380,385 $1,871,284 $1,509,101
2022 $36,370 $3,314,104 $1,834,593 $1,479,511
2021 $35,629 $3,249,122 $1,798,621 $1,450,501
2020 $35,039 $3,215,807 $1,780,179 $1,435,628
2019 $34,444 $3,152,753 $1,745,274 $1,407,479
2018 $33,798 $3,090,935 $1,711,053 $1,379,882
2017 $33,152 $3,030,329 $1,677,503 $1,352,826
2016 $32,149 $2,970,911 $1,644,611 $1,326,300
2014 $31,114 $2,868,965 $1,588,177 $1,280,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-376

Santa Barbara Multiple Listing Service

APN: 011-160-063