NOT LISTED FOR SALE

Estimated Value: $3,395,000 - $5,174,547

6 Beds
4 Baths
3,375 Sq Ft
$1,234/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $1,560,000 $462 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $24,236/month

137 Days on Market

Highlights

  • Parking available for a boat
  • 1 Acre Lot
  • Community Pool
  • Hope Elementary School Rated A
  • Deck
  • Fireplace

About This Home

As of August 2013

Panoramic ocean, island, coastal and mountain views from this 1 ac site. Main house is an updated 3bd-2ba + off + fam rm with stone fireplace, granite kit & pool. Two attached guest quarters built in 94-96 could enlarge main hm or use for extended family with sep driveway access. 4996 Total sq ft. Zoned for 2 horses with barn & coral. Orchard yields fruit and avocados.

Last Agent to Sell the Property

Linda Barrett

Keller Williams Realty Santa Barbara License #00875061 Listed on: 03/08/2013

Keller Williams Realty Santa Barbara

Last Buyer's Agent

Darcie McKnight

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,621

Year Built

  • Built in 1955

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Property is in excellent condition

Interior Spaces

  • Fireplace
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking
  • Parking available for a boat
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near shops

Schools

  • Hope Elementary School
  • Lacolina Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for cbl TV, trash collection, water, gas, heat
  • Assessor Parcel Number 055-101-002

Community Details

Overview

  • 3 Units
  • 15 San Roque/Above Foothill Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,621

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1955
  • ResoLaundryFeatures: In Unit, Some
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 - San Roque/Above Foothill
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1955
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Hope
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • Condition Excellent: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • Amenities Deck2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Microwave2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • HeatingCooling GFA: Yes
  • Amenities Patio2: Yes
  • Parking Info RV3: Yes
  • Assessor's Data Assessor Year Built: 1955.0
  • Assessor's Data Assessor Lot Acres: 1.0
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 1.0
  • Foundation Details: Mixed

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Garages, Unc #5, Boat, RV

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes
  • Association Amenities:Cable TV: Yes
  • Community Amenities:Pool2: Yes

Schools

  • Elementary School: Hope
  • High School: S.B. Sr.
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 055-101-002
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Cbl TV, Trash Collection, Water, Gas, Heat

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Aug 14, 2013
Sold by
Johnson Joanne C
Bought by
Sheffey Michael and Sheffey Chelsea
Seller's Agent
Linda Barrett
Keller Williams Realty Santa Barbara
Buyer's Agent
Darcie McKnight
Sotheby's International Realty
List Price
$1,749,000
Sold Price
$1,560,000
Premium/Discount to List
-$189,000
-10.81%
Current Estimated Value
$4,164,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,604,887
Avg. Annual Appreciation
8.07%
Original Mortgage
$1,150,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2006
Sold by
Johnson Vance O and Johnson Joanne C
Bought by
Johnson Vance O and Johnson Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
7.14%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 16, 2004
Sold by
Johnson Vance O and Johnson Joanne C
Bought by
Johnson Vance O and Johnson Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2003
Sold by
Johnson Vance O and Johnson Joanne C
Bought by
Johnson Vance O and Johnson Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 2002
Sold by
Johnson Vance O and Johnson Joanne C
Bought by
Johnson Vance O and Johnson Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.3%

Purchase Details

Closed on
May 1, 2002
Sold by
Jarrard Raymond Dennis and Jarrard Elizabeth Ann
Bought by
Johnson Vance O and Johnson Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.3%

Purchase Details

Closed on
Mar 30, 2002
Sold by
Schmitt Kimberly D and Jarrard Kimberly D
Bought by
Schmitt Christopher and Schmitt Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.3%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Jarrard Dennis A and Jarrard Elizabeth A
Bought by
Jarrard Raymond Dennis and Jarrard Elizabeth Ann

Purchase Details

Closed on
Mar 18, 1997
Sold by
Jarrard Dennis R and Jarrard Elizabeth A
Bought by
Jarrard Raymond Dennis and Jarrard Elizabeth A

Purchase Details

Closed on
Jan 13, 1997
Sold by
Jarrard Dennis A and Jarrard Elizabeth A
Bought by
Jarrard Raymond Dennis and Jarrard Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.81%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Hilzer Katherine J
Bought by
Jarrard Raymond Dennis and Jarrard Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.81%

Purchase Details

Closed on
Jul 1, 1996
Sold by
Schmitt Kimberly D and Jarrard Kimberly D
Bought by
Schmitt Christopher and Schmitt Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,985
Interest Rate
8.23%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Henry Charlene M and Dalpozzo James A
Bought by
Jarrard Dennis and Jarrard Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
5.25%
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
Sheffey Michael $1,560,000 Fidelity National Title Co
Johnson Vance O -- Fidelity National Title Co
Johnson Vance O -- Fidelity National Title Co
Johnson Vance O -- Fidelity National Title
Johnson Vance O -- Fidelity National Title
Johnson Vance O -- Fidelity National Title
Johnson Vance O -- Fidelity National Title Co
Johnson Vance O -- Lawyers Title Company
Johnson Vance O -- Lawyers Title Company
Schmitt Christopher -- First American Title Ins Co
Jarrard Raymond Dennis -- --
Jarrard Raymond Dennis -- --
Jarrard Raymond Dennis -- First American Title
Jarrard Raymond Dennis -- First American Title
Schmitt Christopher -- --
Jarrard Dennis $585,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheffey Micahel $66,500
Open Sheffey Michael $11,169,000
Closed Sheffey Michael $1,143,000
Closed Sheffey Michael $1,150,000
Previous Owner Johnson Vance O $1,250,000
Previous Owner Johnson Vance O $200,000
Previous Owner Johnson Vance O $100,000
Previous Owner Johnson Vance O $555,000
Previous Owner Johnson Vance O $100,000
Previous Owner Johnson Vance O $30,000
Previous Owner Johnson Vance O $550,000
Previous Owner Jarrard Raymond Dennis $60,000
Previous Owner Jarrard Raymond Dennis $250,000
Previous Owner Jarrard Raymond Dennis $171,000
Previous Owner Jarrard Raymond Dennis $50,000
Previous Owner Schmitt Christopher $74,985
Previous Owner Jarrard Dennis $406,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $1,560,000 0.0% $312 / Sq Ft
08/30/2013 08/30/13 Sold $1,560,000 -10.8% $462 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
07/23/2013 07/23/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $1,749,000 0.0% $518 / Sq Ft
03/01/2013 03/01/13 For Sale $1,749,000 -- $350 / 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 $20,621 $1,912,335 $980,685 $931,650
2023 $20,621 $1,838,078 $942,604 $895,474
2022 $19,913 $1,802,038 $924,122 $877,916
2021 $19,213 $1,766,704 $906,002 $860,702
2020 $19,015 $1,748,590 $896,713 $851,877
2019 $18,465 $1,714,305 $879,131 $835,174
2018 $18,094 $1,680,693 $861,894 $818,799
2017 $17,707 $1,647,740 $844,995 $802,745
2016 $17,286 $1,615,432 $828,427 $787,005
2015 $17,035 $1,591,168 $815,984 $775,184
2014 -- $1,560,000 $800,000 $760,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-771

Santa Barbara Multiple Listing Service

APN: 055-101-002