NOT LISTED FOR SALE

120 Hollister St Summerland, CA 93067

Estimated Value: $2,296,999

3 Beds
2.5 Baths
-- Sq Ft
0.33 Acres

Last Sold October 15, 2021

Last sale price $1,900,000

Est. 21% increase in value since last sale

Current estimated payment $14,553/month

10 Days on Market

Highlights

  • Ocean View
  • Craftsman Architecture
  • Shed
  • Property is near an ocean
  • Property is near a park
  • 5-minute walk to Lookout Park

About This Home

As of October 2021

The most prominent corner in Summerland with ocean, island views & visibility from Hwy 101. Three existing residential units can be updated & leased or utilize/modify the existing commercial development plans & Coastal Development Permit to build your dream mixed use or commercial project. This large parcel of approximately 17,145 square feet is located at the corner of Hollister Street & Lillie Avenue, the most visited street in Summerland. Minutes from the beaches of Padaro Lane, Loon Point & Summerland Beach. Prime real estate adjacent to The Nugget & Summerland Beach Cafe restaurants. Steps from Summerland's most vibrant shops & boutiques including Summerland Winery, Porch, The Well, Field and Fort, Garde, Botanik, The Sacred Space and the Summerland Antique Collective. Complete set of development plans, reports and investigations included in sale. Rare opportunity along the California Coast in one of the finest locations in Summerland.

Last Agent to Sell the Property

Troy Hoidal

Santa Barbara Brokers, Inc. License #01904812 Listed on: 08/02/2021

Co-Listed By

David Hay

Central Coast Real Estate License #01912130

Last Buyer's Agent

Richard Scibird

Berkshire Hathaway HomeServices California Properties License #02028346

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,439

Lot Details

  • 0.33 Acre Lot
  • Lot Has A Rolling Slope
  • Property is in average condition
  • Property is zoned C-1

Parking

  • Carport

Property Views

  • Ocean
  • Panoramic
  • City

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Property is near an ocean
  • Shed

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

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Community Details

  • 3 Units
  • 05 Summerland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-182-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,439

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Rolling Slope, Near Public Transit
  • Co List Office Mls Id: ccre
  • Co List Office Phone: 805-245-9016
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Craftsman
  • Carport Y N: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Fair
  • Property Information Total #Units: 3
  • Property Information Apx # Acres: 0.33
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Panoramic2: Yes
  • LocationTopo Rolly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 14375.0
  • Proximity Near Bus: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • Condition Fair2: Yes
  • View City4: Yes
  • Style Craftsman2: Yes
  • ParkingGarage Cpt #4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • View: Ocean, City, Setting, Panoramic
  • Construction Type: Wood Siding
  • Acres: 0.33
  • Topography: Rolly
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #4

Utilities

  • Water Source: Summ Wtr

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-182-010
  • Zoning: C-1
  • Lot Size Sq Ft: 14375.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 20, 2021
Sold by
Hollister Lillie Llc
Bought by
White Caps Summerland Llc
Seller's Agent
Troy Hoidal
Santa Barbara Brokers, Inc.
Buyer's Agent
Richard Scibird
Berkshire Hathaway HomeServices California Properties
List Price
$1,975,000
Sold Price
$1,900,000
Premium/Discount to List
-$75,000
-3.8%
Current Estimated Value
$2,296,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,999
Avg. Annual Appreciation
5.11%
Original Mortgage
$937,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2016
Sold by
Pulice William R and Pulice Stacy Warnock
Bought by
Hollister Lillie Llc

Purchase Details

Listed on
May 20, 2014
Closed on
Jul 29, 2014
Sold by
Taylor Sarah L
Bought by
Pine Needle Exchange Llc
Seller's Agent
William Reed
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,369,000
Sold Price
$1,150,000
Premium/Discount to List
-$219,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Source: Public Records

Range of Values:

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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
White Caps Summerland Llc $1,900,000 Chicago Title
Hollister Lillie Llc -- None Available
Pine Needle Exchange Llc $1,150,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitecaps Summerland Llc $500,000
Previous Owner White Caps Summerland Llc $937,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $1,900,000 -3.8% --
08/12/2021 08/12/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $1,975,000 +71.7% --
08/15/2014 08/15/14 Sold $1,150,000 -16.0% --
06/15/2014 06/15/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $1,369,000 -- --
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 $24,439 $2,016,294 $1,963,234 $53,060
2023 $24,439 $1,938,000 $1,887,000 $51,000
2022 $23,762 $1,900,000 $1,850,000 $50,000
2021 $17,478 $1,313,658 $1,036,080 $277,578
2020 $17,221 $1,300,189 $1,025,457 $274,732
2019 $16,771 $1,274,696 $1,005,350 $269,346
2018 $16,445 $1,249,703 $985,638 $264,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2875

Santa Barbara Multiple Listing Service

APN: 005-182-010