$2,555,000
SOLD AUG 27, 2024
3 Beds
2 Baths
1,968 Sq Ft
0.32 Acres

Recently Sold

$1,298 Per Sq Ft

4% Below List Price

31 Days on Market

Highlights

  • Ocean View
  • Deck
  • Lawn
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2024

Unwind in this charming newly renovated, single-level, ocean view cottage, nestled on a peaceful cul-de-sac in Santa Barbara's desirable 93108 Montecito zip code. Move right into this 3-bedroom, 2-bath haven, which offers effortless living on a spacious third of an acre. Step inside and experience the flow of the open floor plan and the ease of indoor/outdoor living. Host unforgettable gatherings on the inviting deck, perfect for barbecues and enjoying the California sunshine. Relax in the private, terraced backyard—your own personal oasis. Solar power and water-wise landscaping are an added bonus. The property also features an attached two-car garage, ample street parking and a prime location for building an ADU, creating additional income or guest quarters. Immerse yourself in the California Riviera lifestyle. This home is just minutes away from the shopping and restaurants on Coast Village Road and the charming boutiques of Montecito's Upper Village. Discover nearby pristine beaches and soak up the sunshine. Explore the vibrant energy of downtown Santa Barbara, all within easy reach. This captivating abode offers the perfect blend of comfort, convenience, and coastal living.

Last Agent to Sell the Property

Patrice Serrani

Compass License #01764713 Listed on: 07/11/2024

Compass

Last Buyer's Agent

Betsy Jones Zwick

Sotheby's International Realty License #01090662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,575

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 15 Eucalyptus Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015-032-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,575

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From Coast Village Rd turn on Middle Rd. Turn left on Middle Rd. Continue on Sycamore Canyon Rd. Turn left on Barker Pass Rd. Turn right on Nicholas Ln. Turn left onto Chase Dr.
  • Prop. Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Home/Estate
  • Subdivision Name: 15 - Eucalyptus Hill
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1960
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.32
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 1968.0
  • Property Information Apx Lot SqFt: 13939.0
  • Condition Good2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Cooling Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Construction Type: Stucco
  • Acres: 0.32
  • Exterior Features: Deck, Patio Covered, Lawn, Drought Tolerant LND
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 015-032-002
  • Zoning: R-1
  • Lot Size Sq Ft: 13939.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 22, 2024
Sold by
Rebecca Marder Living Trust and Marder Rebecca
Bought by
Gavin Richard Keith And Karen Ulrika Keith Li and Keith
Seller's Agent
Patrice Serrani
Compass
Buyer's Agent
Betsy Jones Zwick
Sotheby's International Realty
List Price
$2,665,000
Sold Price
$2,555,000
Premium/Discount to List
-$110,000
-4.13%
Total Days on Market
31
Views
43
Current Estimated Value
$2,725,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,477
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
May 6, 2020
Sold by
Sarad John B and Sarad Revocable Trust
Bought by
Marder Rebecca and Rebecca Marder Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2017
Sold by
Sarad John
Bought by
Sarad John B

Purchase Details

Closed on
Jul 13, 2001
Sold by
Sarad Catherine
Bought by
Sarad John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,300
Interest Rate
7.26%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Bishop Evan M and Heller Thomas W
Bought by
Sarad John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,300
Interest Rate
7.26%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,555,000 Chicago Title
Grant Deed $1,470,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $652,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $625,500 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $400,000 Credit Line Revolving
Previous Owner $432,000 Unknown
Previous Owner $434,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $2,555,000 -4.1% $1,298 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $2,665,000 -- $1,354 / 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 $14,575 $2,555,000 $1,200,000 $1,355,000
2023 $14,575 $1,338,618 $669,309 $669,309
2022 $14,061 $1,312,372 $656,186 $656,186
2021 $13,736 $1,286,640 $643,320 $643,320
2020 $10,019 $935,409 $607,857 $327,552
2019 $9,844 $917,069 $595,939 $321,130
2018 $9,703 $899,088 $584,254 $314,834
2017 $9,383 $881,460 $572,799 $308,661
2016 $9,201 $864,177 $561,568 $302,609
2014 $8,506 $792,004 $542,298 $249,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-2289

Santa Barbara Multiple Listing Service

APN: 015-032-002