NOT LISTED FOR SALE

1521 Olive St Santa Barbara, CA 93101

Oak Park Neighborhood

Estimated Value: $2,020,000 - $2,400,000

3 Beds
3 Baths
1,906 Sq Ft
$502/mo HOA Fee

Last Sold April 14, 2023

Last sale price $2,050,000 $1,076 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,391/month

11 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Property is near a park
  • Santa Barbara Senior High School Rated A-
  • Maid or Guest Quarters
  • Multiple Fireplaces

About This Home

As of April 2023

Welcome to Casitas del la Riviera, a rustic refuge tucked in the heart of downtown Santa Barbara. This rarely available 3 bed, 3 bath condo enjoys lock & leave convenience, privacy, & ocean/city views. Nestled at the end of the small 6-unit community, this home was built in 2003 & spans over 1,900 square feet. The space was designed for elevated functionality, featuring an open concept living room, chef's kitchen, guest room, bathroom, laundry area, & romantic balcony on the main floor & an oversized two-car garage at ground level. The upper level includes a fantastic south-facing primary suite, 2nd bedroom, & private rooftop terrace. Here you'll be moments away from nearby parks, the Mission, Rose Garden & the area's best shopping & dining.

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 03/09/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

John Burdick

Wachovia Bank

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,069

Year Built

  • Built in 2003

Lot Details

  • Wooded Lot
  • Property is in excellent condition

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Ocean
  • Panoramic
  • City
  • Mountain

Home Design

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

Interior Spaces

  • 1,906 Sq Ft Home
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Breakfast Area or Nook
  • Laundry in unit

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Fireplace in Patio
  • 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

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 027-690-004

Community Details

Overview

  • 15 Upper Eastside Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,069

Year Built

Built in 2003

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Association Fee: $502/month
  • Prop. Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Upper Eastside
  • 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 Apx # Acres: 0.04
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Gas8: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Laundry In Unit2: Yes
  • Style Spanish2: Yes
  • Fireplace(s) Patio3: Yes
  • View City4: Yes
  • Construction Tri-Level2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2, Gas, LR, Patio
  • Other Rooms:Great Room: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City, Panoramic
  • Construction Type: Stucco
  • Acres: 0.04
  • Exterior Features: Patio Open, Wooded
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air, Radiant Floor
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 027-690-004
  • Zoning: R-3
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Mar 24, 2023
Sold by
Petra Rees Revocable Trust
Bought by
Ravnaas Hans K and Ravnaas Doyle S
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
John Burdick
Wachovia Bank
List Price
$1,995,000
Sold Price
$2,050,000
Premium/Discount to List
$55,000
2.76%
Views
43
Current Estimated Value
$2,211,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,559
Avg. Annual Appreciation
3.41%
Original Mortgage
$805,000
Outstanding Balance
$783,656
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,436,003

Purchase Details

Closed on
Apr 25, 2014
Sold by
Rees Petra
Bought by
Rees Petra

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 22, 2012
Sold by
Schmitt Thomas
Bought by
Rees Petra
Seller's Agent
John Luca
Sotheby's International Realty
Buyer's Agent
Ronald Dickman
Pitts & Bachmann Realtors
List Price
$1,399,000
Sold Price
$1,075,000
Premium/Discount to List
-$324,000
-23.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Mar 28, 2012
Closed on
Mar 15, 2012
Sold by
Moreno Melissa Visconti and Crawford Melissa Ann
Bought by
Rees Petra
Seller's Agent
John Luca
Sotheby's International Realty
Buyer's Agent
Ronald Dickman
Pitts & Bachmann Realtors
List Price
$1,399,000
Sold Price
$1,075,000
Premium/Discount to List
-$324,000
-23.16%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Kram Mark L
Bought by
Crawford Melissa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2009
Sold by
Crawford Melissa Ann
Bought by
Crawford Melissa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2005
Sold by
Crawford Casey J
Bought by
Crawford Melissa Ann

Purchase Details

Closed on
Aug 2, 2004
Sold by
Casitas De La Riviera Lp
Bought by
Crawford Casey and Crawford Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Ravnaas Hans K $2,050,000 Chicago Title Company
Rees Petra -- None Available
Rees Petra -- None Available
Rees Petra $1,075,000 First American Title Company
Crawford Melissa Ann -- First American Title Company
Crawford Melissa Ann -- First American Title Company
Crawford Melissa Ann -- --
Crawford Casey -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravnaas Hans K $805,000
Previous Owner Crawford Melissa Ann $729,750
Previous Owner Crawford Melissa Ann $729,750
Previous Owner Crawford Melissa Ann $247,000
Previous Owner Crawford Casey $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $2,050,000 +2.8% $1,076 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $1,995,000 +85.6% $1,047 / Sq Ft
04/06/2012 04/06/12 Sold $1,075,000 -23.2% $564 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
06/07/2011 06/07/11 For Sale $1,399,000 -- $734 / 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 $22,069 $2,132,820 $884,340 $1,248,480
2023 $22,069 $1,297,816 $452,724 $845,092
2022 $13,470 $1,272,370 $443,848 $828,522
2021 $13,159 $1,247,423 $435,146 $812,277
2020 $13,022 $1,234,634 $430,685 $803,949
2019 $12,794 $1,210,427 $422,241 $788,186
2018 $12,612 $1,186,694 $413,962 $772,732
2017 $12,194 $1,163,427 $405,846 $757,581
2016 $11,928 $1,140,616 $397,889 $742,727
2014 $11,601 $1,101,477 $384,236 $717,241
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marsha Kotlyar Estate Group

    Berkshire Hathaway HomeServices California Properties

    (805) 565-4014

    5 in this area

    180 Total Sales

    Marsha Kotlyar Estate Group
    Section Image

  • J

    Buyer's Agent in 2023

    John Burdick

    Wachovia Bank

  • J

    Seller's Agent in 2012

    John Luca

    Sotheby's International Realty

  • R

    Buyer's Agent in 2012

    Ronald Dickman

    Pitts & Bachmann Realtors

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-589

Santa Barbara Multiple Listing Service

APN: 027-690-004

California Santa Barbara County Santa Barbara 93101 Oak Park

1521 Olive St, Santa Barbara, CA

This home is located at 1521 Olive St, Santa Barbara, CA 93101 since 09 March 2023 and is currently estimated at $2,211,559, approximately $1,160 per square foot. This property was built in 2003. 1521 Olive St is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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