NOT LISTED FOR SALE

Estimated Value: $5,735,000 - $7,345,777

5 Beds
6 Baths
5,226 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $5,600,000 $1,072 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $40,655/month

39 Days on Market

Highlights

  • Ocean Front
  • Multiple Fireplaces
  • Direct Access Garage
  • Contemporary Architecture
  • Wood Flooring
  • Level Lot

About This Home

As of December 2018

Contemporary custom beachfront home on semi-private street on widest frontage full ocean view lot. Two large sun swept entertainment decks on south side, one is adjacent to large den/entertainment area with sliding wall of glass when opened makes the inside become part of the outside. On 2nd level one deck is adjacent to open tv/bar/5th bedroom with grand 2nd level views. The house has 5 ocean view bedroom suites including a unique beachfront master bedroom with curved wall of glass and private balcony. Top quality throughout including large ocean view kitchen (open to den/entertainment area and adjacent to living room) with cooks island, beach view dining area, Viking stainless appliances and onyx countertops and backsplash. Also has steel and crystal staircase, 2nd floor catwalk, large 2 ... story media room with surround sound for big screen tv/film viewing. Rare corner lot = sweeping views of ocean, islands, whitewater, sunset, out over the Santa Barbara channel to the Channel Islands and Coastal

Last Agent to Sell the Property

Gary Cuoco

Re/Max Gold Coast Realty License #00608201 Listed on: 10/19/2018

Re/Max Gold Coast Realty

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,326

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Level Lot

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Beach
  • Panoramic
  • City

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 5,226 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Utilities

  • No Cooling
  • Radiant Heating System
  • Underground Utilities
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 191-0-132-375

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,326

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: 5th street west to Mandalay Beach Rd, left to Capri Way right to 1251
  • Prop. Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • Architectural Style: Contemporary
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Information Year Built2: 2008
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • WaterSewer Sewer Hookup: Yes
  • Construction Two Story2: Yes
  • Fireplace(s):_two_4: Yes
  • Style:Contemporary2: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • LocationTopo Oceanfront2: Yes
  • View City4: Yes
  • Cooling None8: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2+

Exterior Features

  • Roof: Flat
  • View: Beach, Ocean, City, Panoramic
  • Construction Type: Stucco
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Foundation Details: Caisson/Piling
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

  • Cooling: None
  • Heating: Radiant
  • Cooling Y N: No
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Heating:Radiant: Yes

Schools

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

Lot Info

  • Parcel #: 191-0-132-375
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Dec 21, 2018
Sold by
Emerson J Steven and Emerson Rita
Bought by
1251 Capri Way Llc
Seller's Agent
Gary Cuoco
Re/Max Gold Coast Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$5,900,000
Sold Price
$5,600,000
Premium/Discount to List
-$300,000
-5.08%
Total Days on Market
39
Current Estimated Value
$6,477,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$877,926
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Pickett Anthony Carl
Bought by
Emerson J Steven and Emerson Rita

Purchase Details

Closed on
Jul 10, 2002
Sold by
Venti Anthony J and Venti Mary T
Bought by
Pickett Anthony Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$782,000
Interest Rate
6.29%
Source: Public Records

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    • 5.5 Baths
    • 5,235 Sq Ft
    • 1501 Mandalay Beach Rd
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    Section Image

Range of Values:

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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
1251 Capri Way Llc $5,600,000 Fidelity National Title
Emerson J Steven $3,000,000 Fidelity National Title Co
Pickett Anthony Carl $950,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emerson J Steven $1,950,000
Previous Owner Pickett Anthony Carl $2,500,000
Previous Owner Pickett Anthony Carl $782,000
Previous Owner Pickett Anthony Carl $782,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $5,600,000 -5.1% $1,072 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $5,900,000 -- $1,129 / 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
2024 $75,326 $6,124,415 $3,980,870 $2,143,545
2023 $72,562 $6,004,329 $3,902,814 $2,101,515
2022 $70,365 $5,886,598 $3,826,289 $2,060,309
2021 $69,802 $5,771,175 $3,751,264 $2,019,911
2020 $71,111 $5,712,000 $3,712,800 $1,999,200
2019 $69,096 $5,600,000 $3,640,000 $1,960,000
2018 $42,171 $3,397,155 $2,646,060 $751,095
2017 $40,008 $3,330,545 $2,594,177 $736,368
2016 $38,600 $3,265,241 $2,543,311 $721,930
2015 $39,012 $3,216,196 $2,505,109 $711,087
2014 $38,582 $3,153,197 $2,456,039 $697,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3796

Santa Barbara Multiple Listing Service

APN: 191-0-132-375