NOT LISTED FOR SALE

127 Gray Ave Santa Barbara, CA 93101

Estimated Value: $2,302,000 - $2,938,000

4 Beds
2.5 Baths
1,901 Sq Ft
$400/mo HOA Fee

Last Sold September 05, 2018

Last sale price $1,800,000 $947 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,776/month

75 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Property is near an ocean
  • Deck
  • Property is near shops

About This Home

As of September 2018

Chic four bedroom/ two & one half bath 'Funk-Zone' modern, situated in one of Santa Barbara's most enviable locations. Nestled behind steel 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 built-in home theater/ A/V system.
Second story master suite offers dual closets, gas fireplace and ensuite bath; with stunning views of the Santa Ynez Mountain range.
Three additional bedrooms allow for ample guests 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 and built-in bar. Arguable 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

Nicklas Svensson

Compass License #01213705 Listed on: 06/26/2018

Compass

Co-Listed By

Melissa Birch

Compass

Last Buyer's Agent

Grubb Campbell Group

Village Properties License #01236143 / 01410304

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,775

Year Built

  • Built in 2000

Lot Details

  • Partially Fenced Property
  • Irrigation
  • Property is in excellent condition

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Ocean
  • Mountain

Home Design

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

Interior Spaces

  • 1,901 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Outdoor Features

  • Property is near an ocean
  • Deck
  • Fireplace in Patio
  • Patio

Schools

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

Additional Features

  • Property is near shops
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 033-180-002

Community Details

Overview

  • Gray Ave Condo Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,775

Year Built

Built in 2000

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Association Fee: 400
  • Prop. Type: Residential
  • Year Built: 2000
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • Unit Levels: Two, Outside Stairs
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2000
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.02
  • NeighborhoodSchools Elementary School: McKinley
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Gray Ave Condo
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Laundry Common Area2: Yes
  • Fireplace(s) Patio3: Yes
  • Roof Rock: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Other, Gas, LR, Patio

Exterior Features

  • Roof: Rock, Flat
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Acres: 0.02
  • Topography: Level
  • Exterior Features: Deck, Patio Open, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel #: 033-180-002
  • Zoning: Other, C-O
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Bruell Henry A and Bruell Jennifer L
Bought by
Bruell Henry A and Bruell Jennifer Lynn
Current Estimated Value
$2,523,834

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 7, 2018
Sold by
Garred Joseph H and Garred Sandra J
Bought by
Bruell Henry A and Bruell Jennifer L
Seller's Agent
Nicklas Svensson
Compass
Buyer's Agent
Grubb Campbell Group
Village Properties
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$1,225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 6, 2004
Sold by
Garred Joseph
Bought by
Garred Joseph H and Garred Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 24, 2001
Sold by
Garred Joseph
Bought by
Garred Joseph and Garred Sandra
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bruell Henry A -- None Available
Bruell Henry A $1,800,000 Fidelity National Title Co
Garred Joseph H -- Fidelity National Title Co
Garred Joseph H -- Chicago Title Company
Garred Joseph -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruell Henry A $1,187,000
Closed Bruell Henry A $1,207,000
Closed Bruell Henry A $1,223,540
Closed Bruell Henry A $1,225,000
Previous Owner Garred Joseph H $292,100
Previous Owner Garred Joseph H $300,000
Previous Owner Garred Joseph H $440,000
Previous Owner Garred Joseph H $150,000
Previous Owner Garred Joseph H $465,000
Previous Owner Garred Joseph H $425,000
Closed Garred Joseph H $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2018 09/05/18 Sold $1,800,000 -5.0% $947 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $1,895,000 0.0% $997 / Sq Ft
03/06/2017 03/06/17 Rented -- -- --
02/04/2017 02/04/17 Under Contract -- -- --
10/27/2016 10/27/16 For Rent $6,000 -- --
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 $20,775 $2,007,930 $1,003,965 $1,003,965
2023 $20,775 $1,929,962 $964,981 $964,981
2022 $20,046 $1,892,120 $946,060 $946,060
2021 $19,585 $1,855,020 $927,510 $927,510
2020 $19,383 $1,836,000 $918,000 $918,000
2019 $19,044 $1,800,000 $900,000 $900,000
2018 $4,801 $446,943 $182,086 $264,857
2017 $4,643 $438,180 $178,516 $259,664
2016 $4,600 $429,589 $175,016 $254,573
2014 $4,476 $414,851 $169,012 $245,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1758

Santa Barbara Multiple Listing Service

APN: 033-180-002