NOT LISTED FOR SALE

Estimated Value: $3,753,000 - $5,761,000

6 Beds
0.5 Bath
3,077 Sq Ft
$1,693/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $2,130,000 $692 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $30,870/month

Highlights

  • Guest House
  • Stables
  • RV Access or Parking
  • Vieja Valley Elementary School Rated A
  • Pool House
  • Property is near an ocean

About This Home

As of October 2017

Hope Ranch Equestrian estate

Over 2 acres of gated, fenced landscaped privacy with single-level Spanish style 4 bedroom house, 2 bedroom attached cottage with kitchen with pool and spa. The estate can be leased with the home and guest cottage with pool/spa and 3 car garage or the entire property with lower portion, including Spanish center aisle barn with 3 stalls, tack room, wash racks, live-in studio, 4 paddocks and professional riding/jumping arena.
Hope Ranch offers private and gated beach and tennis courts as well as several miles of horse trails and beach horse back riding.
Price for entire property $11,600 or without the equestrian portion, $8,875.

Last Agent to Rent the Property

Gary Goldberg

Coastal Properties License #01172139 Listed on: 07/03/2017

Last Renter's Agent

Gary Goldberg

Coastal Properties License #01172139 Listed on: 07/03/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,167

Year Built

  • 1976

Lot Details

  • Gated Home
  • Back Yard Fenced
  • Lawn
  • Property is in excellent condition

Home Design

  • Ranch Style House

Interior Spaces

  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 0.5 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • RV Access or Parking

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Covered Patio or Porch
  • Shed

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Additional Features

  • Guest House
  • Property is near shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,167

Year Built

1976

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Unfurnished
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Ranch
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s), Stable(s)
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information Total Bathrooms2: 5.0
  • Construction Single Story: Yes
  • GroundsLandscaping Fenced All: Yes
  • View Mountain(s): Yes
  • GroundsLandscaping Deck: Yes
  • GroundsLandscaping Fenced Back: Yes
  • Other Buildings Shed2: Yes
  • Dining Breakfast Bar: Yes
  • Laundry Laundry Room: Yes
  • Fireplace(s) Living Room: Yes
  • ParkingGarage Gar #23: Yes
  • GroundsLandscaping Patio Open: Yes
  • GroundsLandscaping Pool3: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near Shopping: Yes
  • GroundsLandscaping Hot Tub: Yes
  • GroundsLandscaping Patio Covered: Yes
  • Dining Breakfast Area: Yes
  • Dining Formal: Yes
  • Amenities Cathedral Ceilings: Yes
  • Appliances Included Gas Stove: Yes
  • FlrWdw Coverings Tile: Yes
  • GroundsLandscaping Pool House: Yes
  • Appliances Included OvenBltin: Yes
  • Pets Maybe: Yes
  • FlrWdw Coverings Hardwood: Yes
  • GroundsLandscaping Lawn: Yes
  • Security Gate Electric: Yes
  • Architectural Style Ranch: Yes
  • ParkingGarage RV2: Yes
  • Other Buildings Stable: Yes
  • Amenities Horses: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances: Oven/Blt-in, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes

Exterior Features

  • View: Mountain(s)
  • Exterior Features: Deck, Fenced All, Fenced Back, Hot Tub, Lawn, Patio Covered, Patio Open, Pool, Pool House

Garage/Parking

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

Association/Amenities

  • Amenities:Guest House: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2016
Sold by
Sloan Thomas C and Bushkin Tippy
Bought by
Bushkin Tippy O and Sloan Thomas C
Current Estimated Value
$5,209,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Outstanding Balance
$1,502,607
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$3,706,951

Purchase Details

Closed on
Feb 14, 2014
Sold by
Sloan Thomas C
Bought by
Sloan Thomas C and Bushkin Tippy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.24%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 18, 2011
Closed on
Jun 6, 2012
Sold by
Rubin Laurel
Bought by
Sloan Thomas C
Seller's Agent
Linda Lorenzen
Coldwell Banker Realty
Buyer's Agent
Dan Beightol
RE/MAX Santa Barbara
List Price
$2,750,000
Sold Price
$2,130,000
Premium/Discount to List
-$620,000
-22.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$1,000,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2008
Sold by
Rubin Laurel and Melograno Laurel
Bought by
Rubin Laurel

Purchase Details

Closed on
May 19, 2004
Sold by
Degramont Patricia S
Bought by
Melograno Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,958,351
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2004
Sold by
Melograno Richard P
Bought by
Melograno Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,958,351
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 1996
Sold by
Degramont Patricia S
Bought by
Degramont Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 29, 1996
Sold by
Vance Adrian and Vance Evy S
Bought by
Degramont Guy and Degramont Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bushkin Tippy O -- First American Title Company
Sloan Thomas C -- Fidelity National Title Co
Sloan Thomas C $2,130,000 Fidelity National Title Co
Rubin Laurel -- First American Title Company
Melograno Laurel -- Chicago Title Company
Melograno Laurel -- --
Degramont Patricia -- First American Title
Degramont Guy -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushkin Tippy O $1,850,000
Closed Sloan Thomas C $1,850,000
Closed Sloan Thomas C $1,000,000
Previous Owner Melograno Laurel $2,958,351
Previous Owner Degramont Guy $1,000,000
Previous Owner Degramont Guy $10,600
Previous Owner Degramont Guy $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Rented $8,875 -9.0% --
09/02/2017 09/02/17 Under Contract -- -- --
07/03/2017 07/03/17 For Rent $9,750 0.0% --
06/12/2012 06/12/12 Sold $2,130,000 -22.5% $692 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $2,750,000 -- $894 / 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 $28,167 $2,675,389 $1,130,444 $1,544,945
2023 $28,167 $2,571,502 $1,086,549 $1,484,953
2022 $27,177 $2,521,082 $1,065,245 $1,455,837
2021 $26,198 $2,471,650 $1,044,358 $1,427,292
2020 $25,920 $2,446,307 $1,033,650 $1,412,657
2019 $25,150 $2,398,341 $1,013,383 $1,384,958
2018 $24,658 $2,351,315 $993,513 $1,357,802
2017 $24,170 $2,305,212 $974,033 $1,331,179
2016 $23,555 $2,260,013 $954,935 $1,305,078
2015 $23,234 $2,226,066 $940,591 $1,285,475
2014 -- $2,182,462 $922,167 $1,260,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: RN-13677

Santa Barbara Multiple Listing Service

APN: 063-182-007