NOT LISTED FOR SALE

Estimated Value: $2,507,000 - $3,051,000

3 Beds
3 Baths
2,903 Sq Ft
$924/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $2,325,000 $801 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $17,117/month

20 Days on Market

Highlights

  • Ocean View
  • Multiple Fireplaces
  • Direct Access Garage
  • Property is near an ocean
  • Lawn
  • Laundry Room

About This Home

As of June 2021

Impressive Beach House on Mandalay Beach Rd. Single owner - meticulous care of the house; 3bdrms + 3bath, 2903SF and 4200SF lot; 'Tigerwood' flooring downstairs + maple wood stairs + two rock fireplaces + dining room + exterior gated-great for kids or dogs + Wolf stove, Sub-Zero refrigerator, imperial blue granite counter tops, custom cabinets and drawers, double-drawer dish washers, beverage cooler + LED lighting. Ocean view downstairs - best ocean view upstairs at main bedroom; two car garage and four car spaces on the property + roof deck with maintained jacuzzi and ocean view; short walk to beach!

Last Agent to Sell the Property

Gary Cuoco

Re/Max Gold Coast Realty License #00608201 Listed on: 04/08/2021

Re/Max Gold Coast Realty

Last Buyer's Agent

Andrea Chaffey

Century 21 Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,368

Year Built

  • Built in 1987

Lot Details

  • Fenced
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • City
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,903 Sq Ft Home
  • Multiple Fireplaces
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Direct Access Garage
  • 4 Open Parking Spaces

Outdoor Features

  • Property is near an ocean

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 191-0-112-435

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,368

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: 5th street west to Mandalay Beach Rd go left to 1244 Mandalay Beach Rd
  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Laundry Laundry Room2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s):_two_3: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • ParkingGarage Total # Uncovered Spaces: 4.0
  • Site Improvements Cable TV3: Yes
  • View City4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2, Gas

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City
  • Topography: Level
  • Exterior Features: Lawn, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Parking Features: Gar #2, Interior Access

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 191-0-112-435
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Apr 27, 2021
Sold by
Bankert David W and The David W Bankert Trust
Bought by
Peeks Roger Allen and Belk Peeks Judy
Seller's Agent
Gary Cuoco
Re/Max Gold Coast Realty
Buyer's Agent
Andrea Chaffey
Century 21 Masters
List Price
$2,500,000
Sold Price
$2,325,000
Premium/Discount to List
-$175,000
-7%
Current Estimated Value
$2,682,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,100
Avg. Annual Appreciation
1.74%
Original Mortgage
$1,743,750
Outstanding Balance
$1,582,183
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$918,392

Purchase Details

Closed on
Aug 27, 2008
Sold by
Funakura Shanna Lynn
Bought by
Bankert David W

Purchase Details

Closed on
Feb 26, 2001
Sold by
Funakura Masataka
Bought by
Funakura Shanna Lynn

Purchase Details

Closed on
Nov 4, 1994
Sold by
King Bruce E and King Erin M
Bought by
Funakura Masataka and Funakura Shanna Lynn

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
8.91%
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
Peeks Roger Allen $2,325,000 Fidelity National Title Co
Bankert David W -- Chicago Title Company
Funakura Shanna Lynn -- --
Funakura Masataka $520,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peeks Roger Allen $1,743,750
Previous Owner Funakura Shanna L $272,000
Previous Owner Funakura Masataka $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $2,325,000 -7.0% $801 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $2,500,000 -- $861 / 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 $30,368 $2,516,654 $1,636,097 $880,557
2024 $30,368 $2,467,308 $1,604,016 $863,292
2023 $29,254 $2,418,930 $1,572,565 $846,365
2022 $28,369 $2,371,500 $1,541,730 $829,770
2021 $11,388 $945,796 $615,068 $330,728
2020 $11,600 $936,100 $608,762 $327,338
2019 $11,270 $917,746 $596,826 $320,920
2018 $11,110 $899,752 $585,124 $314,628
2017 $10,540 $882,110 $573,651 $308,459
2016 $10,168 $864,814 $562,403 $302,411
2015 $10,275 $851,825 $553,956 $297,869
2014 $10,037 $825,000 $537,000 $288,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1265

Santa Barbara Multiple Listing Service

APN: 191-0-112-435