NOT LISTED FOR SALE

Estimated Value: $666,000 - $3,573,000

0.41 Acre
$3,512,573 Price per Acre
17,860 Sq Ft Lot

Last Sold May 29, 2019

Last sale price $420,000

Est. 243% increase in value since last sale

Current estimated payment $8,079/month

276 Days on Market

Highlights

  • Ocean View
  • Santa Barbara Senior High School Rated A-
  • Level Lot

About This Lot

As of May 2019

Wonderful ocean view lot in exclusive Mission Canyon area close to hiking trails with all necessary inspections and county approvals previously received. See list of available documents.

Last Agent to Sell the Property

Harry Kolb

Sotheby's International Realty License #00714226 Listed on: 07/10/2018

Last Buyer's Agent

Harry Kolb

Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,866

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • Flag Lot

Property Views

  • Ocean
  • Woods
  • Mountain

Schools

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

Utilities

  • Underground Utilities
  • Gas Available
  • Septic Needed

Community Details

  • 15 Mission Canyon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023-031-008

Property Details

Property Type

Land

Est. Annual Taxes

$4,866

Lot Details

0

Listing Details

  • Directions: Up Mission Canyon Rd above Foothill Rd, left on Tunnel Rd at Y, go exactly 1 mile up Tunnel Rd and turn left onto Valentia Ave. Lot is near end of Valentia on left directly below 1439.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level, Flag Lot
  • Subdivision Name: 15 - Mission Canyon
  • Property Information Apx # Acres: 0.41
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Site Improvements Util At Site: Yes
  • Utility Info Electric2: Yes
  • View Wooded3: Yes
  • Property Information Apx Lot SqFt: 17859.0
  • ViewOcean: Yes
  • View Setting3: Yes
  • WaterSewer Septic Req: Yes
  • LocationTopo Flag Lot2: Yes
  • Utility Info Gas6: Yes
  • Site Improvements Gas7: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean, Wooded, Setting
  • Acres: 0.41
  • Topography: Level

Utilities

  • Utilities: Underground Utilities
  • Water Source: SB Wtr

Schools

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

Lot Info

  • Parcel #: 023-031-008
  • Zoning: R-1
  • Lot Size Sq Ft: 17859.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
May 17, 2019
Sold by
Harrison Simon J and Harrison Charlotte L
Bought by
Velia Ardit
Seller's Agent
Harry Kolb
Sotheby's International Realty
Buyer's Agent
Harry Kolb
Sotheby's International Realty
List Price
$500,000
Sold Price
$420,000
Premium/Discount to List
-$80,000
-16%
Current Estimated Value
$1,440,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,020,155
Avg. Annual Appreciation
9.41%
Original Mortgage
$315,000
Outstanding Balance
$282,273
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$458,979

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jul 10, 2014
Sold by
Burke David L and Burke Mary A
Bought by
Harrison Simon J and Harrison Charlotte
Seller's Agent
Penny Collins
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
John Faulkner
Village Properties - 1
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jul 8, 2014
Sold by
Burke David L and Burke Mary A
Bought by
Cook L Paul and Cook Claudia E
Seller's Agent
Penny Collins
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
John Faulkner
Village Properties - 1
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%

Purchase Details

Closed on
May 9, 2014
Sold by
Burke David L and Burke Mary A
Bought by
Cook L Paul and Cook Claudia E

Purchase Details

Closed on
Aug 28, 2007
Sold by
Burke David L and Burke Mary A
Bought by
Burke David L and Burke Mary A

Purchase Details

Closed on
Apr 15, 2005
Sold by
Brozik Alice W
Bought by
Burke David L and Burke Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.99%
Mortgage Type
Unknown
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
Velia Ardit $420,000 Chicago Title Company
Harrison Simon J $415,000 Fidelity National Title Co
Cook L Paul $205,000 None Available
Cook L Paul -- None Available
Burke David L -- None Available
Burke David L -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velia Ardit $315,000
Previous Owner Burke David L $100,000
Previous Owner Burke David L $300,000
Previous Owner Burke David L $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $420,000 -16.0% --
04/12/2019 04/12/19 Pending -- -- --
07/10/2018 07/10/18 For Sale $500,000 +20.5% --
07/14/2014 07/14/14 Sold $415,000 -3.5% --
05/13/2014 05/13/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $430,000 -- --
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 $4,866 $468,515 $468,515 --
2023 $4,866 $450,323 $450,323 $0
2022 $4,696 $441,494 $441,494 $0
2021 $4,588 $432,838 $432,838 $0
2020 $4,541 $428,400 $428,400 $0
2019 $4,462 $447,115 $447,115 $0
2018 $4,683 $438,349 $438,349 $0
2017 $4,528 $429,754 $429,754 $0
2016 $4,488 $421,328 $421,328 $0
2015 $4,440 $415,000 $415,000 $0
2014 $4,424 $410,000 $410,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2483

Santa Barbara Multiple Listing Service

APN: 023-031-008