NOT LISTED FOR SALE

Estimated Value: $4,416,000 - $7,416,000

4 Beds
7 Baths
3,437 Sq Ft
$1,593/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $3,300,000 $960 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $30,879/month

115 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Colonial Architecture
  • Deck

About This Home

As of December 2017

Seven Oaks is a grand example of the Center Hall Colonial-style architecture. Rare for the Santa Barbara area and owned by the same family for over 50 years. This spectacular estate is now being offered for sale. Views, views and views of ocean, islands, harbor and city, all from just below Franceschi Park. Consisting of two land parcels totaling approx. 37,000 sq. ft. (per County records) of beautiful lush landscaping featuring seven grand coastal oaks and hand-cut sandstone walls and walkways that date back to the late 1920s. Vista views from every room. Four bedrooms, five baths (three en suite). Large living room with fireplace and out-door patio. Gourmet eat-in kitchen with full butler’s pantry and wet bar. Additional features are a large two-car garage, driveway with off street parking, magical gardens, and walkways throughout the property.

Last Agent to Sell the Property

William Reed

Sotheby's International Realty Listed on: 07/12/2017

Last Buyer's Agent

Paul Metzner

Village Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.85 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Attached Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City

Home Design

  • Colonial Architecture
  • Tri-Level Property
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 3,437 Sq Ft Home
  • Wet Bar
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital
  • City Lot

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Cable TV Available

Community Details

  • Marine Acreage 02/Ri Community
  • 15 Riviera/Upper Subdivision

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 019-201-001

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0.85 Acres

Listing Details

  • Directions: Mission to Alameda Padre Serra right to Dover Rd left on Dover Rd
  • Prop. Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Subdivision Name: 15 - Riviera/Upper
  • Architectural Style: Colonial
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1926
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.85
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Property Information Apx Lot SqFt: 37026.0
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • Location Info Development Name: Marine Acreage 02/Ri
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Site Improvements Cable TV3: Yes
  • Proximity Near Hospital2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • Rooms LbryStudy: Yes
  • View City4: Yes
  • Construction Tri-Level2: Yes
  • Style Colonial2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Gas Stove, Microwave
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 2, LR

Exterior Features

  • Roof: Other
  • View: Ocean, City, Harbor, Panoramic
  • Construction Type: Wood Siding
  • Acres: 0.85
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Deck, Patio Open, Lawn, Fruit Trees, Wooded, Yard Irrigation T/O, Yard Irrigation PRT, Fenced: BCK, Fenced: PRT, Drought Tolerant LND
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Water Source: SB Wtr

Schools

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

Lot Info

  • Parcel #: 019-201-001
  • Zoning: E-1
  • Lot Size Sq Ft: 37026.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Nov 15, 2017
Sold by
Hsu Vadim M and Dolores M Hsu Residence Trust
Bought by
Candau Paul and Candau Julie
Seller's Agent
William Reed
Sotheby's International Realty
Buyer's Agent
Paul Metzner
Village Properties
List Price
$3,895,000
Sold Price
$3,300,000
Premium/Discount to List
-$595,000
-15.28%
Current Estimated Value
$5,474,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,174,962
Avg. Annual Appreciation
6.32%
Original Mortgage
$1,300,000
Outstanding Balance
$1,049,766
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,425,196

Purchase Details

Closed on
Sep 17, 2015
Sold by
Hsu Vadim M
Bought by
Hsu Vadim M and Dolores M Hsu Residence Trust

Purchase Details

Closed on
May 11, 2007
Sold by
Hsu Dolores Menstell
Bought by
Hsu Dolores M
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
Candau Paul $3,300,000 Chicago Title Company
Hsu Vadim M -- None Available
Hsu Dolores M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Candau Paul $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2017 12/04/17 Sold $3,300,000 -15.3% $960 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $3,895,000 -- $1,133 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $32,439 $3,116,755 $1,820,524 $1,296,231
2023 $32,439 $2,995,730 $1,749,832 $1,245,898
2022 $31,301 $2,936,991 $1,715,522 $1,221,469
2021 $30,584 $2,879,404 $1,681,885 $1,197,519
2020 $30,269 $2,849,880 $1,664,640 $1,185,240
2019 $29,741 $2,794,000 $1,632,000 $1,162,000
2018 $28,902 $2,700,000 $1,600,000 $1,100,000
2017 $2,120 $197,476 $58,776 $138,700
2016 $2,150 $193,605 $57,624 $135,981
2015 $2,125 $190,698 $56,759 $133,939
2014 $2,091 $186,964 $55,648 $131,316
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2338

Santa Barbara Multiple Listing Service

APN: 019-201-001

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