K
Seller's Agent in 2020
Katie Schmandt
Schmandt Real Estate
(805) 895-6301
6 Total Sales
1255 Ferrelo Rd Santa Barbara, CA 93103
Lower Riviera NeighborhoodEstimated Value: $3,601,422 - $4,909,000
2
Beds
3
Baths
2,600
Sq Ft
$1,621/Sq Ft
Est. Value
Highlights
- Ocean View
- Contemporary Architecture
- Cooling Available
- Franklin Elementary School Rated A-
- Double Pane Windows
- Laundry Room
About This Home
As of October 2020Classic Mid Century Modern featuring a sophisticated renovation with bold architectural elements.The exposed steel beams and cantilevered living room give the home a dramatic presence. The Panoramic ocean, island, city views are captured by the floor to ceiling glass. Large open living and dining room showcase the stunning wood ceiling and beautiful walnut floors. The fireplace is surrounded with an artistic black and white Calacatta Verde marble. The centrally located kitchen creates a smooth flow for entertaining. There are beautiful windows that take in the amazing views. The striking kitchen also features Jennair appliances and sleek custom cabinets. The large decks offer space for entertaining and enjoying the Riviera setting. The photos will tell the rest of the story!! The home currently is a two bedroom, office, and sitting room. Office or sitting room could be third bedroom
Last Agent to Sell the Property
Schmandt Real Estate License #01017427 Listed on: 08/27/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- 7,405 Sq Ft Lot
- Property is in excellent condition
- Property is zoned E-1
Parking
- Carport
Property Views
- Ocean
- Harbor
- City
Home Design
- Contemporary Architecture
- Slab Foundation
- Wood Siding
- Stucco
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 3 Full Bathrooms
Schools
- Franklin Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Cooling Available
Listing and Financial Details
- Assessor Parcel Number 029-271-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2020
Closed on
Oct 5, 2020
Sold by
Ferrelo Llc
Bought by
Hinan Steven and Strafford Katrina
Seller's Agent
Katie Schmandt
Schmandt Real Estate
Buyer's Agent
Erin Muslera
Compass
List Price
$2,950,000
Sold Price
$2,950,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,264,856
Avg. Annual Appreciation
6.75%
Original Mortgage
$1,500,000
Outstanding Balance
$1,330,513
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,884,343
Purchase Details
Listed on
Aug 27, 2020
Closed on
Sep 26, 2020
Sold by
Bevis Corinne and Schmandt Greg
Bought by
Ferrelo Llc
Seller's Agent
Katie Schmandt
Schmandt Real Estate
Buyer's Agent
Erin Muslera
Compass
List Price
$2,950,000
Sold Price
$2,950,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,330,513
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,884,343
Purchase Details
Listed on
Mar 16, 2019
Closed on
Apr 8, 2019
Sold by
Stapelmann Jack and Stapelmann Judith
Bought by
Schmandt Greg and Bevis Corinne
Seller's Agent
Reyne Stapelmann
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Katie Schmandt
Schmandt Real Estate
List Price
$1,580,000
Sold Price
$1,600,000
Premium/Discount to List
$20,000
1.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.19%
Purchase Details
Closed on
Dec 6, 2018
Sold by
Kruger Patricia K and 1995 Kruger Family Trust
Bought by
Stapelmann Jack and Stapelmann Judith
Purchase Details
Closed on
May 14, 2002
Sold by
Kruger Kenneth C and Kruger Patricia K
Bought by
Kruger Kenneth C and Kruger Patricia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.94%
Purchase Details
Closed on
Sep 14, 1995
Sold by
Kruger Kenneth C and Kruger Patricia K
Bought by
Kruger Kenneth C and Kruger Patricia K
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hinan Steven | $2,950,000 | Wfg National Title Ins Co | |
| Ferrelo Llc | -- | Accommodation | |
| Schmandt Greg | $1,600,000 | Fidelity National Title Co | |
| Stapelmann Jack | $1,280,000 | Fidelity National Title Co | |
| Kruger Kenneth C | -- | First American Title | |
| Kruger Kenneth C | -- | First American Title | |
| Kruger Kenneth C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hinan Steven | $1,500,000 | |
| Previous Owner | Kruger Kenneth C | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/09/2020 10/09/20 | Sold | $2,950,000 | 0.0% | $1,135 / Sq Ft | |
| 09/12/2020 09/12/20 | Pending | -- | -- | -- | |
| 08/26/2020 08/26/20 | For Sale | $2,950,000 | +84.4% | $1,135 / Sq Ft | |
| 04/16/2019 04/16/19 | Sold | $1,600,000 | +1.3% | $752 / Sq Ft | View Prior Sale |
| 03/17/2019 03/17/19 | Pending | -- | -- | -- | |
| 03/16/2019 03/16/19 | For Sale | $1,580,000 | -- | $742 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
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 | $33,155 | $3,193,173 | $1,298,917 | $1,894,256 |
| 2023 | $33,155 | $3,069,180 | $1,248,480 | $1,820,700 |
| 2022 | $32,063 | $3,009,000 | $1,224,000 | $1,785,000 |
| 2021 | $31,328 | $2,950,000 | $1,200,000 | $1,750,000 |
| 2020 | $14,214 | $1,332,000 | $1,020,000 | $312,000 |
| 2019 | $13,691 | $1,280,000 | $800,000 | $480,000 |
| 2018 | $1,352 | $122,614 | $50,241 | $72,373 |
| 2017 | $1,306 | $120,210 | $49,256 | $70,954 |
| 2016 | $1,360 | $117,854 | $48,291 | $69,563 |
| 2014 | $1,322 | $113,812 | $46,635 | $67,177 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Schmandt
-
Erin Muslera
Buyer's Agent in 2020
Erin Muslera
Compass
(805) 570-3335
24 Total Sales
-
Reyne Stapelmann
Seller's Agent in 2019
Reyne Stapelmann
Berkshire Hathaway HomeServices California Properties
(805) 705-4353
20 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 20-3369
APN: 029-271-010
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