NOT LISTED FOR SALE

1240 W Micheltorena St Santa Barbara, CA 93101

Alta Mesa Neighborhood

Estimated Value: $317,000 - $1,005,000

0.14 Acre
$5,885,257 Price per Acre
6,098 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $235,000

Est. 251% increase in value since last sale

Current estimated payment $4,710/month

55 Days on Market

About This Lot

As of March 2021

A wonderful opportunity to complete building a home on a good size lot with great potential of picturesque unobstructed mountain side and city views. This lot is located on the Westside of Santa Barbara, towards the top of a cul de sac with mature trees for ultimate privacy. Approved plans and permits have been paid for, ready to go!

Last Agent to Sell the Property

Brooke Fraser

Douglas Elliman of California, Inc. License #01968328 Listed on: 02/02/2021

Co-Listed By

Jason Streatfeild

Douglas Elliman of California, Inc. License #01834496

Last Buyer's Agent

Brooke Fraser

Douglas Elliman of California, Inc. License #01968328 Listed on: 02/02/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,647

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Sloped Down

Schools

  • Harding Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Additional Features

  • Mountain Views
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 041-101-010

Property Details

Property Type

Land

Est. Annual Taxes

$2,647

Lot Details

0

Listing Details

  • Directions: Take Highway 101 Exit Mission St Turn onto W Mission St Turn onto Gillespie St Turn onto W Micheltorena St
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Sloped Up, Sloped Down
  • Co List Office Mls Id: tpi
  • Co List Office Phone: 949-270-0440
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Harding
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • View Setting3: Yes
  • LocationTopo Downslope2: Yes
  • View Other27: Yes
  • LocationTopo Upslope2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Other, Mountain(s), Setting
  • Acres: 0.14
  • Topography: Downslope, Upslope

Utilities

  • Water Source: SB Wtr

Schools

  • Elementary School: Harding
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 041-101-010
  • Zoning: Other
  • Lot Size Sq Ft: 6098.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Feb 24, 2021
Sold by
Travers Mark and Ruess Michele D
Bought by
Watson Shannon Gerald
Seller's Agent
Brooke Fraser
Douglas Elliman of California, Inc.
Buyer's Agent
Brooke Fraser
Douglas Elliman of California, Inc.
List Price
$295,000
Sold Price
$235,000
Premium/Discount to List
-$60,000
-20.34%
Current Estimated Value
$823,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,936
Avg. Annual Appreciation
32.99%
Original Mortgage
$188,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2016
Sold by
Hahn Katherine L
Bought by
Travers Mark and Ruess Michele D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Watson Shannon Gerald $235,000 Fidelity National Title Co
Travers Mark $90,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Shannon Gerald $1,080,000
Closed Watson Shannon Gerald $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $235,000 -20.3% --
02/02/2021 02/02/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $295,000 +198.0% --
07/12/2014 07/12/14 Sold $99,000 -37.7% --
05/12/2014 05/12/14 Pending -- -- --
10/20/2013 10/20/13 For Sale $159,000 -- --
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 $2,647 $254,370 $254,370 --
2023 $2,647 $244,494 $244,494 $0
2022 $2,555 $239,700 $239,700 $0
2021 $1,031 $96,497 $96,497 $0
2020 $1,020 $95,508 $95,508 $0
2019 $1,003 $93,636 $93,636 $0
2018 $988 $91,800 $91,800 $0
2017 $956 $90,000 $90,000 $0
2016 $1,129 $98,580 $98,580 $0
2015 $1,117 $97,100 $97,100 $0
2014 $1,100 $95,198 $95,198 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brooke Fraser

    Douglas Elliman of California, Inc.

  • Jason Streatfeild

    Seller Co-Listing Agent in 2021

    Jason Streatfeild

    Douglas Elliman of California, Inc.

    (805) 818-7653

    1 in this area

    37 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    Jack Peterson

    Coldwell Banker Realty

  • N

    Buyer's Agent in 2014

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,794 Total Sales

    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4706

Santa Barbara Multiple Listing Service

APN: 041-101-010

California Santa Barbara County Santa Barbara 93101 Alta Mesa

1240 W Micheltorena St, Santa Barbara, CA

This home is located at 1240 W Micheltorena St, Santa Barbara, CA 93101 since 02 February 2021 and is currently estimated at $823,936. 1240 W Micheltorena St is a home located in Santa Barbara County with nearby schools including Harding University Partnership, La Cumbre Junior High School, and San Marcos Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes