NOT LISTED FOR SALE

1346 Virginia Rd Santa Barbara, CA 93108

Estimated Value: $2,267,666 - $4,083,000

2 Beds
1.5 Baths
1,113 Sq Ft
$2,807/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $835,000 $750 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $18,036/month

58 Days on Market

Highlights

  • Lawn
  • Cottage
  • Laundry Room
  • Santa Barbara Senior High School Rated A-
  • Patio
  • 1-Story Property

About This Home

As of February 2012

Wonderful charming Montecito beach area cottage located mid-way between Coast Village Road & Butterfly Beach. Large lawn area in front could be enclosed if desired. Totally fenced rear area. Ideal as a Montecito vacation home get away. Mint condition with 2 bedrooms, one and a half baths, wood floors, large light rooms, separate laundry room, updated kitchen & bathrooms. MUS school district.

Last Agent to Sell the Property

Stephen Slavin

Coldwell Banker Realty Listed on: 12/05/2011

Last Buyer's Agent

Randall Solakian

Coldwell Banker Realty License #00622258

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,175

Year Built

  • Built in 1941

Lot Details

  • 6,534 Sq Ft Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Cottage
  • Raised Foundation

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Listing and Financial Details

  • Assessor Parcel Number 009-301-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,175

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Foundation Raised: Yes
  • Assessor's Data Assessor Year Built: 1941.0
  • Assessor's Data Assessor Lot Acres: 0.15
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Exterior Features: Patio Open, Lawn
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Water Source: Mont Wtr

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 009-301-010
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2011
Closed on
Feb 14, 2012
Sold by
Mccromick Michael P and Mccormick Deborah A
Bought by
S2c Llc
Seller's Agent
Stephen Slavin
Coldwell Banker Realty
Buyer's Agent
Randall Solakian
Coldwell Banker Realty
List Price
$899,980
Sold Price
$835,000
Premium/Discount to List
-$64,980
-7.22%
Current Estimated Value
$3,123,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,288,917
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Apr 5, 2007
Sold by
Mccormick Michael P and Mccormick Deborah Ann
Bought by
Mccormick Michael P and Mccormick Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Outstanding Balance
$599,102
Interest Rate
7.64%
Mortgage Type
New Conventional
Estimated Equity
$2,371,813

Purchase Details

Closed on
Dec 5, 1997
Sold by
Cerrilla Paul L
Bought by
Mccormick Michael P and Mccormick Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.23%

Purchase Details

Closed on
Sep 12, 1994
Sold by
Daniels Gregory M and Daniels Lynne M
Bought by
Cerrilla Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.37%
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
S2c Llc $830,000 First American Title Company
Mccormick Michael P -- First American Title Company
Mccormick Michael P -- Chicago Title Co
Cerrilla Paul L -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Michael P $910,000
Closed Mccormick Michael P $955,000
Closed Mccormick Michael P $650,000
Closed Mccormick Michael P $265,000
Closed Mccormick Michael P $275,000
Closed Mccormick Michael P $300,000
Closed Mccormick Michael P $300,000
Previous Owner Cerrilla Paul L $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $835,000 -7.2% $750 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
12/05/2011 12/05/11 For Sale $899,980 -- $809 / 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 $12,175 $1,048,796 $753,629 $295,167
2023 $12,175 $1,008,071 $724,365 $283,706
2022 $11,793 $988,306 $710,162 $278,144
2021 $11,572 $968,929 $696,238 $272,691
2020 $11,472 $958,994 $689,099 $269,895
2019 $11,248 $940,191 $675,588 $264,603
2018 $11,057 $921,757 $662,342 $259,415
2017 $10,794 $903,684 $649,355 $254,329
2016 $10,457 $885,966 $636,623 $249,343
2014 $9,993 $855,566 $614,778 $240,788
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Stephen Slavin

    Coldwell Banker Realty

  • R

    Buyer's Agent in 2012

    Randall Solakian

    Coldwell Banker Realty

    (805) 565-2208

    3 in this area

    3 Total Sales

    Randall Solakian
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-3997

Santa Barbara Multiple Listing Service

APN: 009-301-010

California Santa Barbara County Santa Barbara 93108

1346 Virginia Rd, Santa Barbara, CA

This home is located at 1346 Virginia Rd, Santa Barbara, CA 93108 since 05 December 2011 and is currently estimated at $3,123,917, approximately $2,806 per square foot. This property was built in 1941. 1346 Virginia Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

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