NOT LISTED FOR SALE

1517 Olive St Santa Barbara, CA 93101

Oak Park Neighborhood

Estimated Value: $1,361,000 - $1,995,000

2 Beds
2.5 Baths
1,638 Sq Ft
$260/mo HOA Fee

Last Sold October 06, 2015

Last sale price $1,175,000 $717 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,451/month

56 Days on Market

Highlights

  • Ocean View
  • Property is near park and shops
  • Spanish Architecture
  • Santa Barbara Senior High School Rated A-
  • Radiant Floor
  • Direct Access Garage

About This Home

As of October 2015

Luxurious Spanish townhome in downtown Santa Barbara with 2BD/2.5BA, 2-car gar, gourmet kitchen, plantation shutters, master suite w/a private patio & walk-in closet, guest suite with built-in desk, heated Saltillo tile floors, custom hand painted tile accents, and more. You will love the convenient location of this residence close to shopping, restaurants, parks and the Santa Barbara Mission.

Last Agent to Sell the Property

The Santa Barbara

Berkshire Hathaway HomeServices California Properties Listed on: 06/10/2015

Last Buyer's Agent

Randy Glick

Berkshire Hathaway HomeServices California Properties License #00950129

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • 1,307

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • City
  • Peek-A-Boo

Home Design

  • Spanish Architecture
  • Tri-Level Property
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,638 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near park and shops
  • City Lot

Schools

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

Additional Features

  • Property is in excellent condition
  • Heating Available

Community Details

  • Association fees include insurance, prop mgmt, comm area maint, exterior maint
  • Casitas De La Rivier Community
  • 15 Or 20 Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027-690-002

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Association Fee: 260
  • Directions: Between Arrellaga and Micheltorna, down the driveway on the right.
  • Prop. Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Level
  • Reso Association Fee Includes: Insurance, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Subdivision Name: 15 or 20 - Downtown
  • Architectural Style: Spanish
  • Reso Flooring: Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2003
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • Proximity Near Park(s)2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Location Info Development Name: Casitas De La Rivier
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Laundry In Unit2: Yes
  • Style Spanish2: Yes
  • View City4: Yes
  • View PartialFiltered2: Yes
  • Construction Tri-Level2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Dryer, Gas Stove, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Ocean, City, Partial/Filtered
  • Construction Type: Stucco
  • Topography: Level

Garage/Parking

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

Utilities

  • Heating: Radiant Floor
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 027-690-002
  • Zoning: R-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
Sep 14, 2015
Sold by
The Laura F Hanan Living Trust and Hanan Laura F
Bought by
The Robert J Saley & Patricia W Saley Re and Saley Patricia W
Seller's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Randy Glick
Berkshire Hathaway HomeServices California Properties
List Price
$1,279,000
Sold Price
$1,175,000
Premium/Discount to List
-$104,000
-8.13%
Current Estimated Value
$1,730,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,795
Avg. Annual Appreciation
3.82%
Original Mortgage
$625,500
Outstanding Balance
$490,954
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,239,841

Purchase Details

Closed on
Feb 6, 2007
Sold by
Hanan Laura F
Bought by
The Laura F Hanan Living Trust and Hanan Laura F

Purchase Details

Closed on
Apr 19, 2004
Sold by
Casitas De La Riviera Lp
Bought by
Hanan Laura F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Robert J Saley & Patricia W Saley Re $1,175,000 Fidelity National Title Co
The Laura F Hanan Living Trust -- None Available
Hanan Laura F -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Robert J Saley & Patricia W Saley Re $625,500
Previous Owner Hanan Laura F $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2015 10/06/15 Sold $1,175,000 -8.1% $717 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $1,279,000 -- $781 / 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 $14,434 $1,395,875 $537,626 $858,249
2023 $14,434 $1,341,673 $516,750 $824,923
2022 $13,926 $1,315,367 $506,618 $808,749
2021 $13,605 $1,289,577 $496,685 $792,892
2020 $13,464 $1,276,355 $491,593 $784,762
2019 $13,181 $1,246,918 $477,543 $769,375
2018 $12,993 $1,222,470 $468,180 $754,290
2017 $12,563 $1,198,500 $459,000 $739,500
2016 $12,286 $1,175,000 $450,000 $725,000
2015 $8,185 $778,000 $292,000 $486,000
2014 $8,042 $762,000 $286,000 $476,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    The Santa Barbara

    Berkshire Hathaway HomeServices California Properties

  • R

    Buyer's Agent in 2015

    Randy Glick

    Berkshire Hathaway HomeServices California Properties

    (805) 689-7167

    10 in this area

    93 Total Sales

    Randy Glick
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-1945

Santa Barbara Multiple Listing Service

APN: 027-690-002

California Santa Barbara County Santa Barbara 93101 Oak Park

1517 Olive St, Santa Barbara, CA

Not Listed for Sale

Condos

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