P
Seller's Agent in 2021
Patricia Saraca
Village Properties - 1
(805) 886-7426
1 in this area
10 Total Sales
1260 Ferrelo Rd Santa Barbara, CA 93103
Lower Riviera NeighborhoodEstimated Value: $2,799,000 - $3,359,000
3
Beds
2
Baths
1,530
Sq Ft
$2,006/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Ranch Style House
- Santa Barbara Senior High School Rated A-
- Hilly Lot
- Wood Flooring
About This Home
As of October 2021Sought after single story home with amazing city, ocean, island views. This mid-century fixer is just waiting to be transformed - so much potential! Walls of windows let in an abundance of natural light & overlook the mesmerizing views. The open floor plan seamlessly flows from the kitchen to the dining & living rooms. Enjoy the California lifestyle with great indoor/outdoor access to the ocean view deck & lawn area - sunrise to sunset views! The living The living room has a wall of built-in bookcases & a charming brick fireplace. There are hardwood floors in most rooms throughout retaining the original character of the home. This 3 bdrm 2 bath offers a fantastic opportuinity for someone to take it to the next level. Located on Santa Barbara's Lower Riviera with easy access to downtown & just minutes to the beach.
Last Agent to Sell the Property
Village Properties - 1 License #01080801 Listed on: 09/21/2021
Last Buyer's Agent
William Turner III
Redfin Corporation
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,982
Year Built
- Built in 1955
Lot Details
- 6,534 Sq Ft Lot
- Partially Fenced Property
- Hilly Lot
- Lawn
Parking
- Garage
Property Views
- Ocean
- Harbor
- City
Home Design
- Ranch Style House
Interior Spaces
- 1,530 Sq Ft Home
- Living Room with Fireplace
- Dining Area
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Schools
- Franklin Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Cooling Available
- Forced Air Heating System
- Sewer Stub Out
Additional Features
- Deck
- City Lot
Community Details
- 15 Riviera/Lower Subdivision
Listing and Financial Details
- Assessor Parcel Number 029-342-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 20, 2022
Sold by
Restore By Design Llc
Bought by
Collins Jeff and Collins Martha
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 21, 2021
Closed on
Oct 6, 2021
Sold by
Millington Mercedes and The Nichols Marital Trust
Bought by
Restore By Design Llc
Seller's Agent
Patricia Saraca
Village Properties - 1
Buyer's Agent
William Turner III
Redfin Corporation
List Price
$1,500,000
Sold Price
$1,700,000
Premium/Discount to List
$200,000
13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.42%
Original Mortgage
$1,554,700
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Sep 21, 2021
Closed on
Aug 27, 2021
Sold by
Schwartz Nichols Evelyn
Bought by
Nichols Marital Trust
Seller's Agent
Patricia Saraca
Village Properties - 1
Buyer's Agent
William Turner III
Redfin Corporation
List Price
$1,500,000
Sold Price
$1,700,000
Premium/Discount to List
$200,000
13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,554,700
Interest Rate
2.8%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Collins Jeff | -- | Wfg National Title | |
| Restore By Design Llc | $1,700,000 | Chicago Title Company | |
| Nichols Marital Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Collins Jeff | $1,275,000 | |
| Previous Owner | Restore By Design Llc | $1,554,700 | |
| Previous Owner | Nichols Evelyn | $2,550,000 | |
| Previous Owner | Nichols Evelyn | $938,250 | |
| Previous Owner | Mcmurry Glenn A | $50,000 | |
| Previous Owner | Nichols Andrew | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2021 10/21/21 | Sold | $1,700,000 | +13.3% | $1,111 / Sq Ft |
| 09/30/2021 09/30/21 | Pending | -- | -- | -- |
| 09/21/2021 09/21/21 | For Sale | $1,500,000 | -- | $980 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $20,982 | $2,059,052 | $1,167,328 | $891,724 |
| 2023 | $20,982 | $1,734,000 | $1,122,000 | $612,000 |
| 2022 | $18,174 | $1,700,000 | $1,100,000 | $600,000 |
| 2021 | $2,707 | $250,811 | $133,627 | $117,184 |
| 2020 | $2,678 | $248,240 | $132,257 | $115,983 |
| 2019 | $2,629 | $243,373 | $129,664 | $113,709 |
| 2018 | $2,588 | $238,602 | $127,122 | $111,480 |
| 2017 | $2,501 | $233,925 | $124,630 | $109,295 |
| 2016 | $2,520 | $229,339 | $122,187 | $107,152 |
| 2014 | $2,451 | $221,471 | $117,995 | $103,476 |
Source: Public Records
Agents Affiliated with this Home
-
-
W
Buyer's Agent in 2021
William Turner III
Redfin Corporation
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 21-3540
APN: 029-342-013
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