NOT LISTED FOR SALE

Estimated Value: $6,282,000 - $8,331,000

4 Beds
3.5 Baths
4,000 Sq Ft
$1,861/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $4,890,000 $1,222 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $44,931/month

264 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Deck
  • Cold Spring Elementary School Rated A
  • Updated Kitchen
  • Contemporary Architecture

About This Home

As of September 2019

Live a peaceful, totally functional modern lifestyle in this stunning ocean view contemporary ranch-style home that has undergone a complete, 360º renovation by the renowned custom home builder to the stars, Lance D. Lentz, of LDL General Contractors and Pacific View Developers, Inc. This distinctive dream home offers luxurious destinations and amenities in its approximate 4,000 sq. ft, including a 3-car cabinet-enriched garage, (4) sizable bedrooms (3 ½) 21st century baths. The Family Room hosts a hide-a-bar console, oversized wine refrigerator, humidor and bar sink that flows directly to the gourmet kitchen finished with stainless steel built-ins, modern cabinetry and quartz countertops, a custom cognac leather-bound breakfast bar island, and top-of-the-line appliances. More... The Great room has a floor-to-ceiling Travertine fireplace, vaulted ceiling and view of the dramatic outdoor living spaces adorned by majestic mountains, gardens, walkway to the ocean-view terrace, Santa Barbara stone masonry leading to a large pool accented by a steel trellis and stone fire feature, and Bocce ball court. The Master suite commands sophisticated comfort flanked by a sliding glass doorway leading to an approx. 500 sq. ft. private, ocean-view serenity deck, and a Master Bath that boasts a spa-like ambience. The house is also set up to add additional lighting with the Lutron system.

Last Agent to Sell the Property

Suzanne Perkins

Compass Listed on: 11/28/2018

Co-Listed By

Ron Brand

Compass License #01466064

Last Buyer's Agent

Arthur Kalayjian

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,315

Year Built

  • Built in 1968

Lot Details

  • 1 Acre Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio
  • Built-In Barbecue

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Sewer Stub Out

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 011-160-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,315

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Directions: Hot Springs Road to Sycamore Canyon Road; LEFT on Camino Viejo, RIGHT on Dulzura Dr; Property is on the RIGHT.
  • Prop. Type: Residential
  • Year Built: 1968
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Rolling Slope
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Architectural Style: Contemporary, Ranch
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1968
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • 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
  • LocationTopo Rolly2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Wet Bar2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Appliances Included OvenBltin: Yes
  • Foundation Raised: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Bltin, Dishwasher, Disposal, Double Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.0
  • Topography: Rolly, Level
  • Exclusions: Other
  • Exterior Features: Pool, Deck, Patio Open, Lawn, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, 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

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 011-160-028
  • Zoning: E-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Sep 5, 2019
Sold by
Lentz Lance Daniel
Bought by
Tragos William G and Tragos Lilli M
Seller's Agent
Suzanne Perkins
Compass
Buyer's Agent
Arthur Kalayjian
Berkshire Hathaway HomeServices California Properties
List Price
$5,950,000
Sold Price
$4,890,000
Premium/Discount to List
-$1,060,000
-17.82%
Current Estimated Value
$7,442,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,552,401
Avg. Annual Appreciation
7.90%

Purchase Details

Listed on
Oct 19, 2015
Closed on
Nov 16, 2015
Sold by
Wais Edward Arthur and Wais John H
Bought by
Lentz Lance Daniel
Seller's Agent
Suzanne Perkins
Sotheby's International Realty
Buyer's Agent
Janet Caminite
Sotheby's International Realty
List Price
$2,400,000
Sold Price
$2,300,000
Premium/Discount to List
-$100,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.08%
Original Mortgage
$1,380,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2011
Sold by
Wais John Howard
Bought by
Wais John H

Purchase Details

Closed on
Feb 3, 2011
Sold by
Wais Edward Arthur
Bought by
Wais Edward Arthur and Wais John Howard

Purchase Details

Closed on
Jul 9, 1997
Sold by
Evalyn B Wais Trust
Bought by
Wais Evalyn B
Source: Public Records

Range of Values:

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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
Tragos William G $4,890,000 Chicago Title Company
Lentz Lance Daniel $2,300,000 Chicago Title Company
Wais John H -- None Available
Wais Edward Arthur -- None Available
Wais Evalyn B -- --
Wais Evalyn B -- --
Wais Evalyn B -- --
Wais Evalyn B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lentz Lance Daniel $1,380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $4,890,000 -17.8% $1,223 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $5,950,000 +158.7% $1,488 / Sq Ft
12/08/2015 12/08/15 Sold $2,300,000 -4.2% $668 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $2,400,000 -- $697 / 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 $56,315 $5,347,925 $2,187,290 $3,160,635
2023 $56,315 $5,140,259 $2,102,355 $3,037,904
2022 $54,426 $5,039,471 $2,061,133 $2,978,338
2021 $53,301 $4,940,659 $2,020,719 $2,919,940
2020 $52,392 $4,890,000 $2,000,000 $2,890,000
2019 $32,841 $3,002,014 $1,273,449 $1,728,565
2018 $21,886 $1,949,034 $1,248,480 $700,554
2017 $25,994 $2,346,000 $1,224,000 $1,122,000
2016 $25,204 $2,300,000 $1,200,000 $1,100,000
2015 $4,811 $348,008 $80,716 $267,292
2014 $4,752 $341,192 $79,135 $262,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-4156

Santa Barbara Multiple Listing Service

APN: 011-160-028