NOT LISTED FOR SALE

Estimated Value: $1,333,258

1 Bed
0.5 Bath
-- Sq Ft
0.29 Acres

Last Sold April 08, 2022

Last sale price $1,300,000

Est. 3% increase in value since last sale

Current estimated payment $7,668/month

8 Days on Market

Highlights

  • Island Views
  • Property is near an ocean
  • Property is near a park
  • Santa Barbara Senior High School Rated A-
  • 0.29 Acre Lot
  • Wood Flooring

About This Home

As of April 2022

Originally built in 1921, this historic Adobe home is being offered mid-restoration. Situated on a large interior lot accessed by a private lane, with peeks of the ocean and islands, this outstanding property is a true ''diamond in the rough''. Located at the base of the Riviera, in the heart of Santa Barbara, this charming home affords the ultimate in privacy, while being in close proximity to all the things that make Santa Barbara great- beaches, shopping, dining, and live entertainment at the Santa Barbara Bowl. Currently, new Spanish style homes are being built on the three neighboring parcels within the development.
Permits to remodel the existing home and construct a two-car garage have been obtained, and conceptual plans for a detached Accessory Dwelling Unit are also included. Existing Mills Act contract offers substantial tax savings. Due to condition, conventional financing is probably not possible.

Last Agent to Sell the Property

James Krautmann

Village Properties License #01468842 Listed on: 02/16/2022

Last Buyer's Agent

Marcy Bazzani

Village Properties License #01402612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 1921 | Under Construction

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Parking

  • Uncovered Parking

Property Views

  • Island
  • City
  • Peek-A-Boo
  • Mountain

Home Design

  • Adobe Architecture
  • Split Level Home
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Adobe

Interior Spaces

  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 0.5 Bathroom

Outdoor Features

  • Property is near an ocean

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

  • Franklin Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • No Heating
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 031-190-051

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include comm area maint
  • 15 Riviera/Lower Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,836

Year Built

Built in 1921 | Under Construction

Lot Details

0

Listing Details

  • Association Fee: TBD
  • Directions: APS to Cota. Property down long drive starting at corner of Cota and Soledad
  • Prop. Type: Residential
  • Year Built: 1921
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level, Rolling Slope, Near Public Transit
  • Road Frontage Type: Easement
  • Reso Association Fee Includes: Comm Area Maint
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Adobe
  • Reso Flooring: Hardwood
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Property Condition: Under Construction, Fixer
  • Property Information Year Built2: 1921
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.29
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • WaterSewer Sewer Avail: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Roof:Composition: Yes
  • ParkingGarage Unc #4: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Proximity Near Bus: Yes
  • Construction Split Level: Yes
  • View Islands: Yes
  • Exterior Adobe2: Yes
  • Pets Yes: Yes
  • Condition Fixer2: Yes
  • Foundation Raised: Yes
  • View City4: Yes
  • View PartialFiltered2: Yes
  • Style Adobe3: Yes
  • Property Condition Under Construction: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: LR
  • Other Rooms:Great Room: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Islands, City, Setting, Partial/Filtered
  • Acres: 0.29
  • Topography: Rolly, Level
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #4, Other

Utilities

  • Heating: None
  • HeatingYN: No
  • Water Source: SB Wtr
  • Heating:None7: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 031-190-051
  • Zoning: R-1
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 10, 2022
Sold by
Robyn Dunbar Declaration Of Trust
Bought by
Camey Patrick J and Lee-Camey Tracey A
Seller's Agent
James Krautmann
Village Properties
Buyer's Agent
Marcy Bazzani
Village Properties
List Price
$1,100,000
Sold Price
$1,300,000
Premium/Discount to List
$200,000
18.18%
Current Estimated Value
$1,333,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,258
Avg. Annual Appreciation
0.75%
Original Mortgage
$808,000
Outstanding Balance
$757,057
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$576,201

Purchase Details

Closed on
Jan 4, 2021
Sold by
Blh Properties Llc
Bought by
Dunbar Robyn Adrian
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
Camey Patrick J $1,300,000 Fidelity National Title
Dunbar Robyn Adrian $895,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camey Patrick J $808,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $1,300,000 +18.2% --
02/23/2022 02/23/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,100,000 -- --
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 $4,836 $702,796 $405,253 $297,543
2023 $4,836 $326,507 $198,368 $128,139
2022 $4,711 $449,680 $324,071 $125,609
2021 $5,891 $553,253 $290,565 $262,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-438

Santa Barbara Multiple Listing Service

APN: 031-190-051