NOT LISTED FOR SALE

115 Olive Mill Santa Barbara, CA 93108

Estimated Value: $2,120,204 - $3,066,000

2 Beds
2 Baths
1,000 Sq Ft
$2,646/Sq Ft Est. Value

Highlights

  • Cottage
  • 1-Story Property
  • Property is in excellent condition
  • Santa Barbara Senior High School Rated A-

About This Home

As of May 2015

A Favorite Montecito Village Location. Convenient Walking Distance to All The Amenities of Coast Village Road, Biltmore Beach and Transportation. Charming California Cottage with Remodeled Kitchen, 2 Bathrooms and a Delightful Gazebo Patio Room. Montecito Union School District!

Last Agent to Rent the Property

Bruce Venturelli

Coldwell Banker Realty Listed on: 04/10/2015

Last Renter's Agent

Bruce Venturelli

Coldwell Banker Realty Listed on: 04/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,940

Year Built

  • 1953

Lot Details

  • Property is in excellent condition

Parking

  • Open Parking

Home Design

  • Cottage

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Property Available on 4/15/15

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,940

Year Built

1953

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Cal Cottage
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2015-04-15
  • Property Information Total Bathrooms2: 2.0
  • Style Cal Cottage2: Yes
  • Construction Single Story: Yes
  • ParkingGarage Unc #23: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1953

Interior Features

  • Total Bedrooms: 2

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2012
Sold by
Bank Of America Na
Bought by
Newquist Dana E and Eltinge Andrea M
Current Estimated Value
$2,646,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,750
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2012
Sold by
Wallace John and Wallace Sandra
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 24, 2006
Sold by
Rodgers Craig J
Bought by
Wallace John and Wallace Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2003
Sold by
Corona Efrain
Bought by
Rodgers Craig J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.65%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Newquist Dana E $752,500 Stewart Title Of California
Bank Of America Na $838,800 Landsafe Title
Wallace John -- First American Title Company
Rodgers Craig J $800,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newquist Dana E $445,000
Closed Newquist Dana E $526,750
Previous Owner Wallace John $992,000
Previous Owner Rodgers Craig J $642,000
Previous Owner Rodgers Craig J $163,300
Previous Owner Rodgers Craig J $80,000
Previous Owner Rodgers Craig J $640,000
Previous Owner Mears Willie P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Rented $3,500 0.0% --
04/10/2015 04/10/15 For Rent $3,500 +6.1% --
06/20/2013 06/20/13 Rented -- -- --
05/21/2013 05/21/13 Under Contract -- -- --
05/14/2013 05/14/13 For Rent $3,300 -- --
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 $10,940 $926,638 $800,423 $126,215
2023 $10,940 $890,658 $769,343 $121,315
2022 $10,602 $873,195 $754,258 $118,937
2021 $10,407 $856,074 $739,469 $116,605
2020 $10,317 $847,297 $731,887 $115,410
2019 $10,118 $830,685 $717,537 $113,148
2018 $7,586 $585,282 $527,601 $57,681
2017 $9,705 $798,430 $689,675 $108,755
2016 $9,401 $782,775 $676,152 $106,623
2014 $8,968 $755,916 $652,951 $102,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: RN-12106

Santa Barbara Multiple Listing Service

APN: 009-230-028