NOT LISTED FOR SALE

Estimated Value: $5,928,000 - $7,245,000

6 Beds
6 Baths
5,609 Sq Ft
$1,153/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $5,025,000 $896 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $38,871/month

9 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Fireplace in Primary Bedroom
  • Mountain View Elementary School Rated A-
  • 0.61 Acre Lot
  • Wood Flooring

About This Home

As of August 2021

La Romana Awaits. Looking for a private retreat that will make you think you are living in your own private spa? All of your friends and family will have room to luxuriate in this magnificent Mediterranean retreat. The long and open vistas reveal sprawling ocean and valley views out to The Channel Islands. Architect Murray Duncan has outdone himself with this ±5,600 square foot estate. Most inhabitants will never leave the great room living that graciously flows out to the loggia/pool and spa area but when they do, they will retire to one of the 6 bedrooms. There are 4 full bathrooms, 2 half bathrooms as well as 2 outdoor showers. There is a true wine cellar temperature moderated by nature. This perfectly sited home rests gracefully in a gated neighborhood, on a very private .61 acre lot, and is supported by a host of local hiking opportunities as well as top-rated schools. The 3-car garage features a Tesla charger waiting to top off your EV. Enjoy the epitome of coastal California living!

Last Agent to Sell the Property

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429 Listed on: 07/21/2021

Co-Listed By

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,427

Year Built

  • Built in 2008

Lot Details

  • 0.61 Acre Lot
  • Gated Home
  • Property is in excellent condition

HOA Fees

  • $260 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic
  • City
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,609 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Breakfast Area or Nook

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Covered patio or porch
  • Fireplace in Patio
  • Built-In Barbecue

Schools

  • Mtn View Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 059-460-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,427

Year Built

Built in 2008

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Association Fee: 260
  • Prop. Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Home/Estate
  • ResoSecurityFeatures: Gate:Elec
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Architectural Style: Medit
  • Reso Flooring: Wood, Carpet, Tile
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2008
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.61
  • NeighborhoodSchools Elementary School: Mtn View
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Fireplace(s) Patio3: Yes
  • View City4: Yes
  • Cooling Ceiling Fan(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, LR, Patio

Exterior Features

  • View: Mountain(s), Ocean, City, Panoramic
  • Acres: 0.61
  • Exterior Features: Pool, Patio Open, Patio Covered, SPA-Outside

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Mtn View
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 059-460-016
  • Zoning: R-1
  • Lot Size Sq Ft: 26571.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 3, 2021
Sold by
Marmo J Christopher J and Marmo Trisha L
Bought by
Jinkins Edward Grady and Prewitt Edith Renee
Seller's Agent
The Epstein Partners
Keller Williams Realty Santa Barbara
Buyer's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
List Price
$4,850,000
Sold Price
$5,025,000
Premium/Discount to List
$175,000
3.61%
Current Estimated Value
$6,208,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,183,489
Avg. Annual Appreciation
6.57%
Original Mortgage
$3,150,000
Outstanding Balance
$2,878,719
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$3,586,242

Purchase Details

Closed on
Jul 9, 2013
Sold by
Marmo J Christopher and Marmo Trisha L
Bought by
Marmo J Christopher and Marmo Trisha L

Purchase Details

Closed on
Nov 7, 2007
Sold by
Beerman David K and Beerman Karen L
Bought by
Marmo J Christopher and Marmo Trisha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 9, 2006
Sold by
Pozzato Partners Ltd
Bought by
Beerman David K and Beerman Karen L
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
Jinkins Edward Grady $5,025,000 Fidelity National Title Co
Marmo J Christopher -- None Available
Marmo J Christopher -- None Available
Marmo J Christopher $1,650,000 First American Title Company
Beerman David K $1,555,500 First American Title Company
Pozzato Partners Ltd -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jinkins Edward Grady $3,150,000
Previous Owner Marmo J Christopher $1,818,066
Previous Owner Marmo J Christopher $120,000
Previous Owner Marmo J Christopher $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $5,025,000 +3.6% $896 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $4,850,000 -- $865 / 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 $55,427 $5,432,530 $2,153,016 $3,279,514
2023 $55,427 $5,125,500 $2,040,000 $3,085,500
2022 $53,607 $5,025,000 $2,000,000 $3,025,000
2021 $41,252 $3,849,000 $1,718,000 $2,131,000
2020 $38,004 $3,604,000 $1,636,000 $1,968,000
2019 $38,034 $3,604,000 $1,636,000 $1,968,000
2018 $38,029 $3,604,000 $1,636,000 $1,968,000
2017 $36,334 $3,432,000 $1,558,000 $1,874,000
2016 $34,280 $3,269,000 $1,484,000 $1,785,000
2014 $32,300 $3,052,000 $1,385,000 $1,667,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2720

Santa Barbara Multiple Listing Service

APN: 059-460-016