NOT LISTED FOR SALE

125 Gray Ave Santa Barbara, CA 93101

Estimated Value: $1,765,009 - $2,609,000

2 Beds
2 Baths
1,521 Sq Ft
$500/mo HOA Fee

Last Sold June 18, 2019

Last sale price $1,795,000 $1,180 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $13,883/month

4 Days on Market

Highlights

  • Ocean View
  • Deck
  • Property is near a park
  • Property is near an ocean
  • Contemporary Architecture
  • Multiple Fireplaces

About This Home

As of June 2019

Chic two bedroom/ two bath modern, situated in one of Santa Barbara's most enviable locations in the coastal ''Funk Zone.'' Designed by Mark Kirkhart, A.I.A, DesignARC, this stylish condo is nestled behind steel privacy gates, boasting an accommodating, versatile and open floor plan. Gourmet kitchen with stainless appliances combines with living area, complete with fireplace, polished concrete flooring, elevated ceilings and custom 17' pivoting door. Main floor bedroom with secluded outdoor patio. Second story master suite offers en-suite bath in addition to adjacent bonus room, to allow for ample guests or office; with flexibility in layout and use.
The ideal home for entertaining, designed to maximize the indoor/outdoor experience, with multiple private entry level patios and amazing ocean/ mountain view roof top deck; complete with outdoor fireplace. Undoubtedly one of the most sought after locales in Santa Barbara, within a stone's throw to renowned local restaurants, wine tasting rooms, galleries and boutique shopping, that cater to the area's contemporary lifestyle.
Detached two car garage, with finished interior and new epoxy flooring.

Last Agent to Sell the Property

Melissa Birch

Compass Listed on: 05/15/2019

Co-Listed By

Nicklas Svensson

Compass License #01213705

Last Buyer's Agent

Dianne Johnson

Village Properties - 1 License #00947199 / 01943572

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,849

Year Built

  • Built in 2000

Lot Details

  • End Unit
  • Partially Fenced Property
  • Irrigation
  • Drought Tolerant Landscaping
  • Property is in excellent condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Detached Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,521 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Built-In Oven
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio

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

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 033-180-001

Community Details

Overview

  • Association fees include insurance, exterior maint
  • 2 Buildings
  • 2 Units
  • Gray Ave Condo Community
  • 15 Or 20 Downtown Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,849

Year Built

Built in 2000

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Association Fee: 500
  • Prop. Type: Residential
  • Year Built: 2000
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Common Area
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Other, Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Exterior Maint
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Subdivision Name: 15 or 20 - Downtown
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2000
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.02
  • NeighborhoodSchools Elementary School: McKinley
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Gray Ave Condo
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Laundry Common Area2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • CondoCO-OPPUD End Unit: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Other, 2, LR

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Ocean, City, Setting, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 0.02
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Deck, Patio Open, Yard Irrigation PRT, Fenced: PRT, Drought Tolerant LND
  • Foundation Details: Slab
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 033-180-001
  • Zoning: C-O
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 12, 2019
Sold by
Cofeman Thomas
Bought by
Rogers James Thomas
Seller's Agent
Melissa Birch
Compass
Buyer's Agent
Dianne Johnson
Village Properties - 1
List Price
$1,695,000
Sold Price
$1,795,000
Premium/Discount to List
$100,000
5.9%
Current Estimated Value
$2,154,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,002
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Mar 8, 2007
Sold by
Kirkhart Mark D
Bought by
Coleman Thomas

Purchase Details

Closed on
Dec 15, 2004
Sold by
Garred Joseph H
Bought by
Garred Joseph H and Garred Sandra J

Purchase Details

Closed on
Aug 17, 2004
Sold by
Garred Joseph
Bought by
Kirkhart Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2004
Sold by
Casey Mary
Bought by
Kirkhart Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2000
Sold by
Cunningham Dennis A and Cunningham Andrea C
Bought by
Garred Joseph and Garred Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
8.2%

Purchase Details

Closed on
May 28, 1999
Sold by
Vantage Pointe Homes Lp
Bought by
Cunningham Dennis A and Cunningham Andrea C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
6.84%
Mortgage Type
Construction

Purchase Details

Closed on
May 22, 1998
Sold by
Oceaneering International Inc
Bought by
Vantage Pointe Homes Lp
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
Rogers James Thomas $1,800,000 Wfg National Title Ins Co
Coleman Thomas -- Equity Title Company Santa B
Garred Joseph H -- Fidelity National Title Co
Kirkhart Mark D -- Chicago Title Company
Kirkhart Mark D -- Chicago Title Company
Garred Joseph $675,000 First American Title Ins Co
Cunningham Dennis A -- First American Title Ins Co
Vantage Pointe Homes Lp $127,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirkhart Mark D $350,000
Previous Owner Kirkhart Mark D $600,000
Previous Owner Kirkhart Mark D $312,000
Previous Owner Garred Joseph $607,500
Previous Owner Cunningham Dennis A $381,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $1,795,000 +5.9% $1,180 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $1,695,000 -- $1,114 / 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 $20,849 $2,007,930 $1,003,965 $1,003,965
2023 $20,849 $1,929,962 $964,981 $964,981
2022 $20,120 $1,892,120 $946,060 $946,060
2021 $19,659 $1,855,020 $927,510 $927,510
2020 $19,457 $1,836,000 $918,000 $918,000
2019 $14,274 $1,343,000 $672,000 $671,000
2018 $13,670 $1,279,000 $640,000 $639,000
2017 $13,220 $1,254,000 $627,000 $627,000
2016 $11,994 $1,140,000 $570,000 $570,000
2014 $9,164 $862,000 $431,000 $431,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1724

Santa Barbara Multiple Listing Service

APN: 033-180-001