NOT LISTED FOR SALE

1216 State St Unit R701 Santa Barbara, CA 93101

Downtown Santa Barbara Neighborhood

Estimated Value: $3,111,000 - $5,094,924

2 Beds
2.5 Baths
3,207 Sq Ft
3,049 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $3,500,000 $1,091 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $25,163/month

20 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Property is near a park
  • Santa Barbara Senior High School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of August 2020

Redefining today's quintessential lifestyle, this stunning 7th floor penthouse in downtown Santa Barbara's iconic Granada building showcases expansive views of the Pacific Ocean, Channel Islands, Santa Ynez Mountains, Riviera, and Santa Barbara. A private elevator welcomes you into the home where one is immediately struck by its quiet elegance and simple yet serene spaces, thoughtfully curated to take advantage of the modern lifestyle requirements desired by the most discerning guests. The spacious 2 bed, 2.5 bath residence fosters and open concept floorplan and, designed with sophisticated luxury in mind, incorporates a wealth of designer finishes and stylish details. Featuring hardwood floors, high-end appliances and generously apportioned room, the penthouse is situated to take full full advantage of the alluring lifestyle Santa Barbara has to offer. Located within walking distance to restaurants, shopping, theaters, museums and art galleries, and only a short distance to beaches, Stearn's Wharf and the harbor.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 07/07/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,003

Year Built

  • Built in 1924

Lot Details

  • 3,049

Parking

  • Garage

Property Views

  • Ocean
  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,207 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Dining Area
  • Home Office
  • Library
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom

Location

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Additional Features

  • Accessible Elevator Installed
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 039-590-012

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, trash, prop mgmt, exterior maint
  • Granada Tower Condos Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,003

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Association Fee: TBD
  • Prop. Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Other, Security System
  • Reso Association Fee Includes: Insurance, Trash, Prop Mgmt, Exterior Maint
  • Reso Accessibility Features: Accessible Elevator Installed
  • Architectural Style: Contemporary
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 1924
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Amenities Wet Bar2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Location Info Development Name: Granada Tower Condos
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Rooms LbryStudy: Yes
  • Handicapped Access Elevator3: Yes
  • View City4: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • View: Mountain(s), Ocean, City, Panoramic
  • Construction Type: Other
  • Exterior Features: Patio Open

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Other

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 039-590-012
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 1, 2020
Sold by
Kwock Stephanie Peters
Bought by
Black Sean
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,900,000
Sold Price
$3,500,000
Premium/Discount to List
-$400,000
-10.26%
Current Estimated Value
$4,013,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,981
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Sep 14, 2016
Sold by
Seven Four Llc
Bought by
Kwock Stephanie Peters
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
Black Sean $3,500,000 Chicago Title Company
Kwock Stephanie Peters -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $3,500,000 -10.3% $1,091 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $3,900,000 -- $1,216 / 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 $40,003 $3,788,512 $1,894,256 $1,894,256
2023 $40,003 $3,641,400 $1,820,700 $1,820,700
2022 $37,924 $3,570,000 $1,785,000 $1,785,000
2021 $37,057 $3,500,000 $1,750,000 $1,750,000
2020 $45,351 $4,284,365 $861,375 $3,422,990
2019 $44,561 $4,200,359 $844,486 $3,355,873
2018 $43,932 $4,118,000 $827,928 $3,290,072
2017 $42,482 $4,037,256 $811,695 $3,225,561
2016 $41,327 $3,958,095 $795,780 $3,162,315
2014 $40,200 $3,822,274 $768,473 $3,053,801
Source: Public Records

Agents Affiliated with this Home

  • Cristal Clarke

    Seller's Agent in 2020

    Cristal Clarke

    Berkshire Hathaway HomeServices California Properties

    (805) 886-9378

    223 Total Sales

    Cristal Clarke
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member Agent

    Non Member Office

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2555

Santa Barbara Multiple Listing Service

APN: 039-590-012

California Santa Barbara County Santa Barbara 93101 Downtown Santa Barbara

1216 State St Unit R701, Santa Barbara, CA

This home is located at 1216 State St Unit R701, Santa Barbara, CA 93101 since 07 July 2020 and is currently estimated at $4,013,981, approximately $1,251 per square foot. This property was built in 1924. 1216 State St Unit R701 is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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