NOT LISTED FOR SALE

1389 Plaza Pacifica Santa Barbara, CA 93108

Estimated Value: $4,090,000 - $4,990,000

2 Beds
2.5 Baths
1,666 Sq Ft
$1,620/mo HOA Fee

Last Sold June 01, 2020

Last sale price $3,150,000 $1,891 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $28,958/month

127 Days on Market

Highlights

  • Ocean Front
  • Pool House
  • Property is near a park
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Lawn

About This Home

As of June 2020

Sounds of the ocean will sing you to sleep and wake you in the morning. Ocean front 2 bedroom condo with unobstructed views has been well taken care of and is now ready for a new owner to customize and create their own paradise. Located within the gates of Bonnymede in Montecito, this two bedroom, two and a half bath condo with a two car garage is conveniently close to the Four Seasons Biltmore, Coral Casino and the lovely shops and restaurants of Coast Village Road. Besides having the ocean at your fingertips, this property has 24 hour security, tennis courts, rose garden, pool, spa and beach terrace for lounging. Enjoy your own piece of private paradise.

Last Agent to Sell the Property

Michelle Bischoff

Village Properties Listed on: 12/26/2019

Last Buyer's Agent

Michelle Bischoff

Village Properties Listed on: 12/26/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,238

Year Built

  • Built in 1965

Lot Details

  • Ocean Front
  • Fruit Trees
  • Lawn
  • Property is in average condition

HOA Fees

  • $1,620 Monthly HOA Fees

Parking

  • Detached Garage

Property Views

  • Ocean
  • Beach
  • Panoramic
  • Mountain

Home Design

  • Stucco

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Combination Kitchen and Dining Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near shops

Schools

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

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 009-410-016

Community Details

Overview

  • Association fees include trash, prop mgmt, comm area maint, exterior maint
  • 113 Buildings
  • 113 Units
  • Greenbelt

Amenities

  • Game Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,238

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,620 per month

Listing Details

  • Association Fee: 1620
  • Prop. Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Condominium
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: In Kitchen, In Unit
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • Reso Association Amenities: Tennis Court(s), Spa/Hot Tub, Pool, Game Room, Greenbelt
  • Reso Association Fee Includes: Trash, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1965
  • Property Information Total #Units: 113
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Wet Bar2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • View Beach2: Yes
  • Laundry In Unit2: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Pool4: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Appliances Included OvenBltin: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • LocationTopo Oceanfront2: Yes
  • AssocPark Amenities SpaHot Tub: Yes
  • AssocPark Amenities Game Room2: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • Laundry In Kitchen3: Yes
  • Condition Average2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Electric Range, Oven/Bltin, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • View: Beach, Mountain(s), Ocean, Panoramic
  • Construction Type: Stucco
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Tennis Court(s), Pool, Pool House, Patio Open, Patio Covered, Hot Tub, Lawn, Fruit Trees

Garage/Parking

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

Utilities

  • Heating: Electric, Radiant
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Electric: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 009-410-016
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2019
Closed on
May 20, 2020
Sold by
Bayer William J and The Jebco Trust
Bought by
Montecito 1389 Llc
Seller's Agent
Michelle Bischoff
Village Properties
Buyer's Agent
Michelle Bischoff
Village Properties
List Price
$3,795,000
Sold Price
$3,150,000
Premium/Discount to List
-$645,000
-17%
Current Estimated Value
$4,513,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,363,091
Avg. Annual Appreciation
6.69%
Source: Public Records

Range of Values:

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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
Montecito 1389 Llc $3,150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montecito 1389 Llc $1,890,000
Previous Owner Merck Jane Bayer $244,656
Previous Owner Merck Jane Bayer $400,000
Previous Owner Merek Jane Bayer $192,000
Previous Owner Merek Jane Bayer $750,000
Previous Owner Merck Jane Bayer $750,000
Previous Owner Merck Jane Bayer $88,000
Previous Owner Merck Jane Bayer $100,000
Previous Owner Merck Jane Bayer $90,000
Previous Owner Merck Jane Bayer $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $3,150,000 -17.0% $1,891 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $3,795,000 -- $2,278 / 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 $35,238 $3,409,659 $2,489,593 $920,066
2023 $35,238 $3,311,211 $2,417,710 $893,501
2022 $34,311 $3,246,286 $2,370,304 $875,982
2021 $33,594 $3,182,634 $2,323,828 $858,806
2020 $2,871 $210,672 $96,816 $113,856
2019 $2,824 $206,542 $94,918 $111,624
2018 $2,781 $202,493 $93,057 $109,436
2017 $2,697 $198,524 $91,233 $107,291
2016 $2,633 $194,633 $89,445 $105,188
2015 $2,514 $191,710 $88,102 $103,608
2014 -- $187,956 $86,377 $101,579
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michelle Bischoff

    Village Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-4141

Santa Barbara Multiple Listing Service

APN: 009-410-016

California Santa Barbara County Santa Barbara 93108

1389 Plaza Pacifica, Santa Barbara, CA

This home is located at 1389 Plaza Pacifica, Santa Barbara, CA 93108 since 26 December 2019 and is currently estimated at $4,513,091, approximately $2,708 per square foot. This property was built in 1965. 1389 Plaza Pacifica is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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