NOT LISTED FOR SALE

137 Olive Mill Rd Santa Barbara, CA 93108

Estimated Value: $3,376,000 - $4,954,000

0.41 Acre
$10,796,749 Price per Acre
17,860 Sq Ft Lot

Last Sold November 24, 2020

Last sale price $1,225,000 $858 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $27,037/month

192 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • Level Lot
  • Santa Barbara Senior High School Rated A-

About This Lot

As of November 2020

Opportunity to build the home of your dreams on this wonderful .41 acre lot with close proximity to Coast Village Rd, the beach and all that Montecito has to offer. Lot is cleared and ready to build. Plans available for a single story 3236 SF home with 2653 sf heated basement, a pool, and fire pit. Plans are in the final stages of approval. Plans available to see upon request.

Last Agent to Sell the Property

Justin Etherton

Keller Williams Realty Santa Barbara Listed on: 05/11/2020

Last Buyer's Agent

Justin Etherton

Keller Williams Realty Santa Barbara Listed on: 05/11/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,013

Lot Details

  • 0.41 Acre Lot
  • Level Lot

Outdoor Features

  • Property is near an ocean

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-170-019

Property Details

Property Type

Land

Est. Annual Taxes

$35,013

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level, Near Public Transit
  • Property Information Apx # Acres: 0.41
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Utility Info Water: Yes
  • LocationTopo Level: Yes
  • Utility Info Electric2: Yes
  • Utility Info Sewer: Yes
  • Utility Info Telephone2: Yes
  • Utility Info Cable2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 17859.0
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • Utility Info Gas6: Yes
  • Site Improvements Gas7: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.41
  • Topography: Level

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 #: 009-170-019
  • Zoning: Other
  • Lot Size Sq Ft: 17859.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Nov 19, 2020
Sold by
Fowler Michelle and Michelle Ivooni Fowler Trust
Bought by
Wood Taylor and Wood Allison
Seller's Agent
Justin Etherton
Keller Williams Realty Santa Barbara
Buyer's Agent
Justin Etherton
Keller Williams Realty Santa Barbara
List Price
$1,499,000
Sold Price
$1,225,000
Premium/Discount to List
-$274,000
-18.28%
Current Estimated Value
$4,426,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,201,667
Avg. Annual Appreciation
30.93%

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 11, 2017
Sold by
Sroney Christina and Linden Thomas Moichae
Bought by
Fowler Michlle and Fowler Trust
Seller's Agent
Diane Lundberg
Coldwell Banker Realty
Buyer's Agent
Justin Etherton
Keller Williams Realty Santa Barbara
List Price
$1,725,000
Sold Price
$1,830,000
Premium/Discount to List
$105,000
6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.80%

Purchase Details

Listed on
Mar 8, 2014
Closed on
Apr 26, 2014
Sold by
Linden Constance
Bought by
Linden Constance and The Constance Linden Trust
Seller's Agent
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Diane Lundberg
Coldwell Banker Realty
List Price
$1,549,000
Sold Price
$1,620,000
Premium/Discount to List
$71,000
4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%

Purchase Details

Listed on
Mar 8, 2014
Closed on
Mar 21, 2014
Sold by
Boyce James R
Bought by
Linden Constance
Seller's Agent
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Diane Lundberg
Coldwell Banker Realty
List Price
$1,549,000
Sold Price
$1,620,000
Premium/Discount to List
$71,000
4.58%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Boyce James R
Bought by
Boyce James R and Jane Boyce Eldridge E
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
Wood Taylor $1,225,000 Fidelity National Title Co
Fowler Michlle $1,830,000 Chicago Title Co
Linden Constance -- None Available
Linden Constance $1,620,000 Chicago Title Company
Boyce James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Taylor $3,000,000
Previous Owner Fowler Michelle $2,000,000
Previous Owner Boyce James R $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $1,225,000 -18.3% $858 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $1,499,000 -18.1% $1,050 / Sq Ft
12/22/2017 12/22/17 Sold $1,830,000 +6.1% $1,282 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $1,725,000 +6.5% $1,209 / Sq Ft
03/31/2014 03/31/14 Sold $1,620,000 +4.6% $1,135 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $1,549,000 -- $1,085 / 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 $35,013 $5,825,978 $1,375,978 $4,450,000
2023 $35,013 $1,907,490 $1,324,490 $583,000
2022 $13,030 $1,249,500 $1,249,500 $0
2021 $12,755 $1,225,000 $1,225,000 $0
2020 $11,983 $1,149,642 $1,149,642 $0
2019 $10,987 $1,060,800 $1,060,800 $0
2018 $2,055 $195,000 $195,000 $0
2017 $19,074 $1,711,115 $1,341,430 $369,685
2016 $18,487 $1,677,565 $1,315,128 $362,437
2014 $2,260 $103,956 $51,978 $51,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1186

Santa Barbara Multiple Listing Service

APN: 009-170-019