NOT LISTED FOR SALE

Estimated Value: $3,597,000 - $5,204,438

0.32 Acre
$13,981,594 Price per Acre
13,939 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $1,945,000 $1,323 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $26,336/month

404 Days on Market

Highlights

  • Ocean View
  • Santa Barbara Senior High School Rated A-
  • Property is near a park

About This Lot

As of July 2021

No need to tiptoe around an old home and obsolete floorplan to try and create your dream Riviera view estate . . . instead buy this parcel with approved plans for an exquisite Italian villa, on an ideally located and perfectly contoured big-view lot in the prized El Encanto old Riviera district. The floorplan is designed for convenience with the main common rooms, master suite and garage all on the entry level, with unobstructed panoramic ocean and city views. Additional bedroom suites and entertaining rooms are below, leading to an elegant pool and terraced gardens. Priced less than what you'd pay for a nearby old historic home, which would then cost more to re-invent to your needs (if even possible) vs. new construction. Here's a rare chance to build a plan-ready beautiful estate!

Last Agent to Sell the Property

Ken Switzer

Berkshire Hathaway HomeServices California Properties License #01245644 Listed on: 04/21/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Bartron Real Est Group

Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075

Berkshire Hathaway HomeServices California Properties

Property Details

Property Type

  • Land

Lot Details

  • 0.32 Acre Lot
  • Lot Sloped Down
  • Property is zoned Other, E-1

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City

Location

  • Property is near a park

Schools

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

Community Details

  • 15 Riviera/Upper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 019-194-001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Alameda Padre Serra to Dover Road. 1527 Dover is the last property on the downhill side of Dover, adjacent to the end of the loop formed by Paterna Road and Lasuen Road.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Sloped Down
  • Subdivision Name: 15 - Riviera/Upper
  • Property Information Apx # Acres: 0.32
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • WaterSewer Sewer Avail: Yes
  • Proximity Near Park(s)2: Yes
  • Property Information Apx Lot SqFt: 13939.0
  • ViewOcean: Yes
  • LocationTopo Downslope2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, City, Harbor, Panoramic
  • Acres: 0.32
  • Topography: Downslope

Utilities

  • Water Source: SB Wtr

Schools

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

Lot Info

  • Parcel #: 019-194-001
  • Zoning: Other, E-1
  • Lot Size Sq Ft: 13939.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jun 23, 2021
Sold by
Rmcx07 Llc
Bought by
Hoff Paul Alan and Hoff Katherine Ann
Seller's Agent
Ken Switzer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$2,150,000
Sold Price
$1,945,000
Premium/Discount to List
-$205,000
-9.53%
Current Estimated Value
$4,474,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,529,110
Avg. Annual Appreciation
20.64%

Purchase Details

Closed on
Apr 12, 2016
Sold by
Central Coast Holdings Inc
Bought by
Rmcx07 Llc

Purchase Details

Closed on
Apr 10, 2009
Sold by
Prosites Communications Inc
Bought by
Central Coast Holdings Inc

Purchase Details

Closed on
Apr 14, 2004
Sold by
Morgan Carolyn A
Bought by
Prosites Communications Inc

Purchase Details

Closed on
Dec 2, 2003
Sold by
Prosites Communications Inc
Bought by
Morgan Carolyn A

Purchase Details

Closed on
Aug 10, 2001
Sold by
Minami Akiko
Bought by
Prosites Communications Inc
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
Hoff Paul Alan $1,945,000 First American Title Company
Rmcx07 Llc $1,425,000 Chicago Title Company
Central Coast Holdings Inc -- None Available
Prosites Communications Inc -- --
Morgan Carolyn A -- --
Prosites Communications Inc -- First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $1,945,000 -9.5% $1,323 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
04/21/2020 04/21/20 For Sale $2,150,000 -- $1,463 / 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 $33,895 $4,014,049 $2,114,049 $1,900,000
2023 $33,895 $1,983,900 $1,983,900 $0
2022 $20,742 $1,945,000 $1,945,000 $0
2021 $16,582 $1,558,444 $1,558,444 $0
2020 $16,411 $1,542,465 $1,542,465 $0
2019 $16,124 $1,512,221 $1,512,221 $0
2018 $15,895 $1,482,570 $1,482,570 $0
2017 $15,371 $1,453,500 $1,453,500 $0
2016 $8,643 $813,000 $813,000 $0
2015 $7,902 $739,000 $739,000 $0
2014 $7,559 $704,000 $704,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1416

Santa Barbara Multiple Listing Service

APN: 019-194-001