NOT LISTED FOR SALE

116 Palm Tree Ln Santa Barbara, CA 93108

Estimated Value: $3,120,000 - $4,343,000

3 Beds
3 Baths
1,923 Sq Ft
$1,961/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2013

Last sale price $1,450,000 $754 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $20,997 / mo

53 Days on Market

Highlights

  • Art Studio
  • Property is near an ocean
  • Fruit Trees
  • Cold Spring Elementary School Rated A+
  • Updated Kitchen
  • Guest Quarters

About This Home

As of March 2013

Charming board & batten cottage on a half acre includes 3bd/3ba, office, den, bright kitchen, dining room, hardwood floors, & FP in living room, fountains, sprawling lawns. Walled & gated for privacy, in a superb location convenient to beach, Coast Village shops, farmer's market, & Montecito Country Club. There are MBAR approved plans for expansion to create a “San Ysidro Ranch'' style residence.

Last Agent to Sell the Property

Marsha Kotlyar

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 01/25/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Diana Boutin

Keller Williams Realty Montecito

Home Details

Home Type

  • Single Family

Lot Details

  • 23,087 Sq Ft Lot
  • Cul-De-Sac
  • Dog Run
  • Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,923 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Art Studio
  • Laundry Room
  • Property Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Guest Quarters
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch
  • Shed

Location

  • Property is near park, public transit, shops, and bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 009-211-027

Home Details

Home Type

Single Family

Lot Details

0.53 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Cul-De-Sac, Near Public Transit
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage
  • Carport Y N: Yes
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.53
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Guest Quarters2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Dog Run2: Yes
  • Other Buildings Shed: Yes
  • ParkingGarage Cpt #12: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Total Bedrooms: 9

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding
  • Acres: 0.53
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Dog Run, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Cpt #1, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • 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 #: 009-211-027
  • Zoning: Other
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 25, 2013
Sold by
Bought by
Seller's Agent
Marsha Kotlyar
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Diana Boutin
Keller Williams Realty Montecito
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%
Current Estimated Value
$3,747,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,297,884
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
7.58%

Purchase Details

Closed on
May 10, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 3, 1994
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,450,000 First American Title Company
-- Accommodation
$1,060,000 First American Title Company
-- None Available
-- Equity Title Company
$376,000 Gateway Title Company
$376,000 Fidelity National Title
$299,000 Fidelity National Title
$268,952 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $344,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/28/2013 03/28/13 Sold $1,450,000 -3.0% $754 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $1,495,000 -- $777 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,280 $1,149,604 $593,064 $556,540
2025 $13,280 $1,127,064 $581,436 $545,628
2023 $13,065 $1,083,301 $558,859 $524,442
2022 $12,686 $1,062,060 $547,901 $514,159
2021 $22,938 $2,039,708 $1,445,987 $593,721
2020 $18,494 $1,632,670 $1,238,579 $394,091
2019 $18,176 $1,600,658 $1,214,294 $386,364
2018 $17,848 $1,569,274 $1,190,485 $378,789
2017 $17,470 $1,538,505 $1,167,143 $371,362
2016 $16,934 $1,508,339 $1,144,258 $364,081
2015 $16,560 $1,485,684 $1,127,071 $358,613
2014 -- $1,456,583 $1,104,994 $351,589
Source: Public Records

Agents Affiliated with this Home

  • Marsha Kotlyar

    Seller's Agent in 2013

    Marsha Kotlyar

    Berkshire Hathaway HomeServices California Properties

    (805) 565-4015

    77 Total Sales

    Marsha Kotlyar
    Section Image

  • D

    Buyer's Agent in 2013

    Diana Boutin

    Keller Williams Realty Montecito

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-258

Santa Barbara Multiple Listing Service

APN: 009-211-027

California Santa Barbara County Santa Barbara 93108

116 Palm Tree Ln, Santa Barbara, CA

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