$5,224,900
SOLD JAN 21, 2016

1508 Miramar Beach Santa Barbara, CA 93108

4 Beds
4 Baths
1,550 Sq Ft
1,700 Sq Ft Lot

Recently Sold

$3,371 Per Sq Ft

5% Below List Price

Highlights

  • Ocean View
  • Property is near an ocean
  • Security Service
  • Santa Barbara Senior High School Rated A-
  • Multiple Fireplaces
  • Tile Flooring

About This Home

As of January 2016

Located on the sand at famous Miramar Beach. This unique home features two separate 2 bedroom, 2 bathroom units, each with a separate entrance. Enter through a private security gate to this private enclave of homes. Tremendous views of the ocean, islands, and coastline await. Both the upper and lower floors have beachside balconies, and remodeled kitchens and bathrooms. First time on the market.

Last Agent to Sell the Property

Teresa McWilliams

Coldwell Banker Realty Listed on: 12/01/2015

Last Buyer's Agent

Daniel Encell

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,774

Year Built

  • Built in 1957

Lot Details

  • 1,700 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property
  • Property is in good condition
  • Property is zoned Other, CLA

Parking

  • Open Parking

Property Views

  • Ocean
  • Beach

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Tile Flooring
  • Dryer

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out
  • Cable TV Available

Additional Features

  • Property is near an ocean
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 009-345-007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include trash, prop mgmt, security
  • 10 Fernald Point Subdivision

Additional Features

  • Laundry Facilities
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,774

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Directions: Take Eucalyptus Lane, go left after railroad tracks. Gate on left.
  • Prop. Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Other
  • ResoSecurityFeatures: Gate:Elec
  • Reso Association Amenities: Security
  • Reso Association Fee Includes: Other, Trash, Prop Mgmt, Security
  • Subdivision Name: 10 - Fernald Point
  • Architectural Style: Other
  • Reso Flooring: Tile
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1957
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • Proximity Near Ocean2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 1700.0
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • ParkingGarage Unc #12: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Common Area2: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Fee Incl Security2: Yes
  • Foundation Pier Post: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Dishwasher, Disposal, Dryer, Gas Stove
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2

Exterior Features

  • Roof: Other
  • View: Beach, Ocean
  • Construction Type: Stucco
  • Acres: 0.04
  • Exterior Features: Fenced: PRT
  • Foundation Details: Pier & Post

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #1

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: 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 #: 009-345-007
  • Zoning: Other, CLA
  • Lot Size Sq Ft: 1700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Adelson Family Trust
Bought by
Lynott Properties 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,315,000
Interest Rate
2.25%
Mortgage Type
Balloon

Purchase Details

Listed on
Dec 1, 2015
Closed on
Mar 17, 2016
Sold by
Adelson Scott Joseph and Adelson Lynda Mary
Bought by
The Adelson Family Trust
Seller's Agent
Teresa McWilliams
Coldwell Banker Realty
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$5,495,000
Sold Price
$5,224,900
Premium/Discount to List
-$270,100
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$3,315,000
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 1, 2015
Closed on
Dec 30, 2015
Sold by
Roos Emily K and Emily K Roos 1997 Revocable Tr
Bought by
Adelson Scott Joseph and Adelson Lynda Mary
Seller's Agent
Teresa McWilliams
Coldwell Banker Realty
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$5,495,000
Sold Price
$5,224,900
Premium/Discount to List
-$270,100
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,918,675
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 23, 1999
Sold by
Roos Emily K
Bought by
Roos Emily K
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
Quit Claim Deed -- Chicago Title
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $5,225,000 Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,315,000 Balloon
Previous Owner $3,315,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,918,675 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $7,750,000 0.0% --
06/25/2025 06/25/25 For Sale $7,750,000 -2.5% $5,000 / Sq Ft
03/27/2025 03/27/25 Price Changed $7,950,000 -3.6% --
01/21/2025 01/21/25 For Sale $8,250,000 +57.9% --
01/21/2016 01/21/16 Sold $5,224,900 -4.9% $3,371 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $5,495,000 -- $3,545 / 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 $64,774 $6,185,217 $5,415,871 $769,346
2023 $64,774 $5,945,039 $5,205,567 $739,472
2022 $62,471 $5,828,471 $5,103,498 $724,973
2021 $61,185 $5,714,188 $5,003,430 $710,758
2020 $60,593 $5,655,597 $4,952,126 $703,471
2019 $59,442 $5,544,704 $4,855,026 $689,678
2018 $58,319 $5,435,985 $4,759,830 $676,155
2017 $57,219 $5,329,398 $4,666,500 $662,898
2016 $9,246 $708,808 $471,025 $237,783
2015 $8,859 $698,162 $463,950 $234,212
2014 $8,743 $684,487 $454,862 $229,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3842

Santa Barbara Multiple Listing Service

APN: 009-345-007