NOT LISTED FOR SALE

Estimated Value: $3,018,000 - $4,716,878

4 Beds
3 Baths
3,981 Sq Ft
$890/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $1,600,000 $402 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $20,146/month

71 Days on Market

Highlights

  • Property is near an ocean
  • Fruit Trees
  • Multiple Fireplaces
  • Updated Kitchen
  • Mountain View
  • Cathedral Ceiling

About This Home

As of November 2017

Filled with abundant sunlight and space, this nearly 4,000 square foot gated home offers vaulted ceilings, a wonderfully flexible floorplan, gourmet kitchen, library, proper master suite, and gorgeous grounds. Recent upgrades include newer wood flooring, kitchen and bathroom remodels, and drought-tolerant landscape design with an organic garden. Conveniently located near Padaro Beach, Summerland, Montecito, equestrian facilities, the nearby trail system, and more, this property is hard to beat and a great value at $425/foot!

Last Agent to Sell the Property

Emily Kellenberger

Village Properties License #01397913 Listed on: 07/11/2017

Last Buyer's Agent

Susan Conger

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.39 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Direct Access Garage

Home Design

  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,981 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Library
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • 3 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

  • Property is near schools and shops

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Serena Park Community

Listing and Financial Details

  • Assessor Parcel Number 005-361-007

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec
  • Subdivision Name: Other
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1961
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.39
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s):_two_3: Yes
  • Location Info Development Name: Serena Park
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Other, 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 0.39
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Fruit Trees, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Slab, Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Interior Access

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-361-007
  • Zoning: Other
  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2017
Closed on
Oct 2, 2017
Sold by
Slavin John F and Slavin Donna L
Bought by
Nadel Jeffrey L and Nadel Shelley K
Seller's Agent
Emily Kellenberger
Village Properties
Buyer's Agent
Susan Conger
Coldwell Banker Realty
List Price
$1,725,000
Sold Price
$1,600,000
Premium/Discount to List
-$125,000
-7.25%
Current Estimated Value
$3,543,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,943,720
Avg. Annual Appreciation
10.21%
Original Mortgage
$550,000
Outstanding Balance
$466,014
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,077,706

Purchase Details

Listed on
Apr 17, 2012
Closed on
May 23, 2012
Sold by
Lukas Jon Craig
Bought by
Salvin John F and Slavin Donna L
Seller's Agent
Kelly Knight
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$862,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2009
Sold by
Lukas Fred
Bought by
Lukas Jon

Purchase Details

Closed on
Jun 15, 2009
Sold by
Moore Richard and Moore Amy
Bought by
Lukas Jon Craig and Lukas Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2009
Sold by
Lukas Connie Baetjer
Bought by
Lukas Jon Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1998
Sold by
Frank Randal J and Frank Jeri
Bought by
Moore Richard and Moore Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.5%

Purchase Details

Closed on
Feb 13, 1997
Sold by
Frank Randal J
Bought by
Frank Randal J and Frank Jeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.85%

Purchase Details

Closed on
Apr 28, 1995
Sold by
Frank Heather D
Bought by
Frank Randal J

Purchase Details

Closed on
Mar 25, 1994
Sold by
Irvine Patti K
Bought by
Frank Randall J and Frank Heather D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,075
Interest Rate
5.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nadel Jeffrey L $1,600,000 Fidelity National Title Co
Salvin John F $1,150,000 Chicago Title Company
Lukas Jon -- None Available
Lukas Jon Craig $1,050,000 Fidelity National Title Co
Lukas Jon Craig -- Fidelity National Title Co
Lukas Fred -- Fidelity National Title Co
Moore Richard -- First American Title
Frank Randal J -- First American Title Ins Co
Frank Randal J -- --
Frank Randall J $425,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadel Jeffrey L $550,000
Previous Owner Salvin John F $862,500
Previous Owner Lukas Jon Craig $400,000
Previous Owner Moore Richard $378,000
Previous Owner Frank Randal J $20,000
Previous Owner Frank Randall J $382,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2017 11/02/17 Sold $1,600,000 -7.2% $402 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $1,725,000 +50.0% $433 / Sq Ft
05/31/2012 05/31/12 Sold $1,150,000 -3.8% $299 / Sq Ft View Prior Sale
04/23/2012 04/23/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $1,195,000 -- $311 / 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 $19,615 $1,820,523 $568,913 $1,251,610
2023 $19,615 $1,749,831 $546,822 $1,203,009
2022 $18,962 $1,715,521 $536,100 $1,179,421
2021 $18,558 $1,681,885 $525,589 $1,156,296
2020 $18,352 $1,664,640 $520,200 $1,144,440
2019 $17,908 $1,632,000 $510,000 $1,122,000
2018 $17,611 $1,600,000 $500,000 $1,100,000
2017 $13,791 $1,244,597 $459,959 $784,638
2016 $13,551 $1,220,194 $450,941 $769,253
2015 $13,406 $1,201,867 $444,168 $757,699
2014 -- $1,178,325 $435,468 $742,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2315

Santa Barbara Multiple Listing Service

APN: 005-361-007