NOT LISTED FOR SALE

1512 Mimosa Ln Santa Barbara, CA 93108

Estimated Value: $5,613,817 - $5,925,000

3 Beds
3 Baths
2,884 Sq Ft
$1,985/Sq Ft Est. Value

Last Sold September 16, 2015

Last sale price $2,700,000 $936 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $33,211/month

82 Days on Market

Highlights

  • Property is near an ocean
  • Estate
  • Mountain View
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Fireplace in Primary Bedroom

About This Home

As of September 2015

''RoofTree'' a rarely found 1930 European-style garden home in a storybook setting. Classic period details, formal dining, large upstairs studio/possible master bdrm, 3 FP's, French doors, basement, garage & carport. Situated on nearly 1/2 acre, the magical hedged gardens enjoy meandering pathways, lush mature landscaping, lawns, fruit trees, & private courtyards.

Last Agent to Sell the Property

Marsha Kotlyar

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 06/11/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Brad Merritt

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,913

Year Built

  • Built in 1930

Lot Details

  • 0.4 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Home Design

  • Estate
  • Raised Foundation
  • Shake Roof
  • Stucco

Interior Spaces

  • 2,884 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Mountain Views
  • Breakfast Area or Nook
  • Laundry in Garage
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Community Details

  • 10 Hedgerow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 009-140-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,913

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Exit 101 at San Ysidro Road, head toward the mountains, turn right on Mimosa Lane. Property is second address on the left side.
  • Prop. Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec
  • Subdivision Name: 10 - Hedgerow
  • Architectural Style: Estate
  • Carport Y N: Yes
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1930
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.4
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • Laundry In Garage2: Yes
  • ParkingGarage Cpt #12: Yes
  • Foundation Raised: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Other, 2+, LR
  • Total Bedrooms: 8
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Shake
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 0.4
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Wooded, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Cpt #1, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 009-140-029
  • Zoning: Other
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2015
Sold by
Levine Meldon E and Bruck Constance Jane
Bought by
The Levine Bruck Residence Trust
Current Estimated Value
$5,725,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$534,407
Interest Rate
2.87%
Mortgage Type
Unknown
Estimated Equity
$5,191,047

Purchase Details

Listed on
Jun 11, 2015
Closed on
Sep 3, 2015
Sold by
Grant Mimosa Llc
Bought by
Levine Meldon W and Bruck Constance Jane
Seller's Agent
Marsha Kotlyar
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Brad Merritt
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
May 29, 2014
Sold by
Grant Geoffrey T and Grant Annette M
Bought by
Grant Mimosa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2014
Sold by
Grant Geoffrey T and Grant Annette M
Bought by
Grant Mimosa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 9, 2013
Sold by
Grant Geoffrey T and Grant Annette M
Bought by
Grant Geoffrey T and Grant Annette M

Purchase Details

Closed on
Jul 15, 2005
Sold by
Grant Annette M
Bought by
Grant Geoffrey T and Grant Annette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 27, 2004
Sold by
Grant Geoffrey
Bought by
Grant Annette M

Purchase Details

Closed on
Aug 26, 2004
Sold by
National Equity Inc
Bought by
Grant Annette M

Purchase Details

Closed on
Aug 25, 2004
Sold by
Fetter Trevor and Fetter Melissa
Bought by
National Equity Inc

Purchase Details

Closed on
Mar 5, 2001
Sold by
Jackson Robert D and Jackson Carol C
Bought by
Fetter Trevor and Fetter Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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Average Value
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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
The Levine Bruck Residence Trust -- Old Republic Title Company
Levine Meldon W $2,700,000 Chicago Title Company
Grant Mimosa Llc -- None Available
Grant Mimosa Llc -- Fidelity National Title Comp
Grant Geoffrey T -- None Available
Grant Geoffrey T -- None Available
Grant Geoffrey T -- Fidelity National Title
Grant Annette M -- Fidelity National Title Co
Grant Annette M -- Multiple
National Equity Inc -- Multiple
National Equity Inc -- Multiple
Fetter Trevor -- Multiple
Fetter Trevor -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Levine Bruck Residence Trust $700,000
Previous Owner Grant Mimosa Llc $2,940,000
Previous Owner Grant Geoffrey T $1,100,000
Previous Owner Fetter Trevor $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2015 09/16/15 Sold $2,700,000 -9.8% $936 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $2,995,000 -- $1,038 / 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 $33,913 $3,196,246 $2,012,452 $1,183,794
2023 $33,913 $3,072,134 $1,934,307 $1,137,827
2022 $32,750 $3,011,897 $1,896,380 $1,115,517
2021 $32,084 $2,952,842 $1,859,197 $1,093,645
2020 $31,776 $2,922,566 $1,840,134 $1,082,432
2019 $31,106 $2,865,261 $1,804,053 $1,061,208
2018 $30,526 $2,809,080 $1,768,680 $1,040,400
2017 $29,933 $2,754,000 $1,734,000 $1,020,000
2016 $29,021 $2,700,000 $1,700,000 $1,000,000
2015 $22,469 $2,075,000 $1,201,000 $874,000
2014 $21,523 $1,976,000 $1,144,000 $832,000
Source: Public Records

Agents Affiliated with this Home

  • Marsha Kotlyar

    Seller's Agent in 2015

    Marsha Kotlyar

    Berkshire Hathaway HomeServices California Properties

    (805) 565-4015

    34 in this area

    68 Total Sales

    Marsha Kotlyar
    Section Image

  • B

    Buyer's Agent in 2015

    Brad Merritt

    Coldwell Banker Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-1960

Santa Barbara Multiple Listing Service

APN: 009-140-029

California Santa Barbara County Santa Barbara 93108

1512 Mimosa Ln, Santa Barbara, CA

This home is located at 1512 Mimosa Ln, Santa Barbara, CA 93108 since 11 June 2015 and is currently estimated at $5,725,454, approximately $1,985 per square foot. This property was built in 1930. 1512 Mimosa Ln is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

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