NOT LISTED FOR SALE

1548 Laurel Ave Solvang, CA 93463

Estimated Value: $913,000 - $960,000

3 Beds
2 Baths
1,330 Sq Ft
$709/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $315,000 $237 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $5,441/month

237 Days on Market

Highlights

  • Craftsman Architecture
  • Mountain View
  • Wood Flooring
  • Solvang Elementary School Rated A-
  • Property is near a park
  • 3-minute walk to Hans Christian Andersen Park

About This Home

As of February 2012

Fantastic farm house in the heart of Solvang! Full of vintage character, this 3 BR + office, 2 bath home exudes 1920’s charm, featuring wood floors, French doors and windows, crown molding, built-ins, a cozy river rock FP & a large/private deck in the back yard with beautiful landscaping. Enjoy a nice, private home, while benefiting from all the conveniences a downtown location has to offer!

Last Agent to Sell the Property

Steve Epstein

Coldwell Banker Realty Listed on: 12/12/2011

Co-Listed By

Cristina Calderon

Coldwell Banker Realty

Last Buyer's Agent

Glynnis Mullenary

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1923

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Lawn
  • Property is in good condition

Parking

  • Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,330 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

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

Additional Features

  • Stepless Entry
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 139-113-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,119

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1923
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Near Public Transit
  • Co List Office Mls Id: cb
  • Co List Office Phone: 805-682-2477
  • Subdivision Name: Other
  • Architectural Style: Craftsman
  • Reso Flooring: Wood, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs)
  • New Construction: No
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1923
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Wood2: Yes
  • Condition Average2: Yes
  • Style Craftsman2: Yes
  • Assessor's Data Assessor Year Built: 1923.0
  • Assessor's Data Assessor Lot Acres: 0.16
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 0.16
  • Topography: Level
  • Exterior Features: Lawn

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 139-113-010
  • Zoning: Other
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2011
Closed on
Jan 12, 2012
Sold by
Wells Fargo Bank Na
Bought by
Mclean Katherine B
Seller's Agent
Steve Epstein
Coldwell Banker Realty
Buyer's Agent
Glynnis Mullenary
Sotheby's International Realty
List Price
$420,000
Sold Price
$315,000
Premium/Discount to List
-$105,000
-25%
Current Estimated Value
$942,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,994
Avg. Annual Appreciation
8.38%
Original Mortgage
$302,242
Outstanding Balance
$210,078
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$729,723

Purchase Details

Closed on
Feb 8, 2011
Sold by
Hannon Jason and Hannon Robyn
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 8, 2003
Sold by
Miller Steven Bailey and Miller Mende Rae
Bought by
Hannon Jason and Hannon Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,975
Interest Rate
5.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 1999
Sold by
Sweet William J and Sweet Nicole M
Bought by
Miller Steven Bailey and Miller Mende Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 18, 1998
Sold by
Gregory Ulrick D and Gregory Debra A
Bought by
Sweet William J and Sweet Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.12%
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
Mclean Katherine B $315,000 Servicelink
Wells Fargo Bank Na $415,162 None Available
Hannon Jason $525,000 Chicago Title Co
Miller Steven Bailey $316,000 Lawyers Title Company
Sweet William J $246,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclean Katherine B $302,242
Previous Owner Hannon Jason $235,000
Previous Owner Hannon Jason $51,975
Previous Owner Hannon Jason $420,000
Previous Owner Miller Steven Bailey $0
Previous Owner Miller Steven Bailey $240,000
Previous Owner Sweet William J $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2012 02/10/12 Sold $315,000 -25.0% $237 / Sq Ft
12/14/2011 12/14/11 Pending -- -- --
04/21/2011 04/21/11 For Sale $420,000 -- $316 / 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 $4,119 $395,642 $156,999 $238,643
2023 $4,119 $380,280 $150,903 $229,377
2022 $3,981 $372,825 $147,945 $224,880
2021 $3,915 $365,516 $145,045 $220,471
2020 $3,856 $361,769 $143,558 $218,211
2019 $3,779 $354,677 $140,744 $213,933
2018 $3,714 $347,724 $137,985 $209,739
2017 $3,650 $340,907 $135,280 $205,627
2016 $3,525 $334,224 $132,628 $201,596
2014 $3,328 $322,757 $128,078 $194,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-1440

Santa Barbara Multiple Listing Service

APN: 139-113-010