NOT LISTED FOR SALE

1568 Franceschi Rd Santa Barbara, CA 93103

Riviera Neighborhood

Estimated Value: $4,691,000 - $5,247,375

4 Beds
3.5 Baths
3,492 Sq Ft
$1,415/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $4,711,000 $1,349 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $28,411/month

196 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Deck
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • 2-minute walk to Franceschi Park

About This Home

As of November 2024

Sophistication and serenity meet at this stunning remodeled four-bedroom, three-and-a-half-bath residence in the Upper Riviera. Offering jetliner panoramic views that sweep from the Ventura Coastline to the Santa Barbara harbor encompassing city views as well.

The home reads as a single-level with a second primary suite upstairs, complete with its own luxurious bath and breathtaking views. The expansive wrap-around porch and multiple outdoor areas create an enchanting environment for relaxation and entertainment. South-facing, each space is thoughtfully designed to maximize the sweeping vistas and natural light.

Major renovations completed in 2020 enhance the home's character while providing modern comforts and high-end finishes. Whether hosting lavish gat enjoying a quiet sunset, this home caters to every occasion with grace and style.

Don't miss the opportunity to own this piece of paradise, where every day feels like a vacation. Life is indeed better at the top!

Last Agent to Sell the Property

Maureen McDermut

Sotheby's International Realty License #01175027 Listed on: 05/01/2024

Last Buyer's Agent

Carmen Galzerano

Berkshire Hathaway HomeServices California Properties License #00950129 / 01953155

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.73 Acre Lot
  • Level Lot
  • Hilly Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City

Home Design

  • 2-Story Property
  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,492 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near park
  • City Lot

Schools

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

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Water Softener Leased

Community Details

  • No Home Owners Association
  • 15 Riviera/Upper Subdivision

Listing and Financial Details

  • Exclusions: Mirror
  • Assessor Parcel Number 019-102-016

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0.73 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Subdivision Name: 15 - Riviera/Upper
  • Architectural Style: Medit, Ranch
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story, Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1965
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.73
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • Dining In Kitchen4: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Foundation Raised: Yes
  • Rooms:Den: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Appliances Included Vented Exhaust Fan: Yes
  • Appliances Included Wtr Softener Leased: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Built-In Gas Range, Tankless Water Heater, Dishwasher, Disposal, Dryer, Microwave, Washer, Wtr Softener Leased
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Tile
  • View: Ocean, City, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 0.73
  • Topography: Hilly, Level
  • Exclusions: Mirror
  • Exterior Features: Deck, Patio Open, Lawn, Fruit Trees
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 019-102-016
  • Zoning: R-1
  • Lot Size Sq Ft: 31798.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Nov 21, 2024
Sold by
Cecil Van Tuyl 2006 Irrevocable Trust and Pll Trust Company Llc
Bought by
Neal Marlens Living Trust and Marlens
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Carmen Galzerano
Berkshire Hathaway HomeServices California Properties
List Price
$5,995,000
Sold Price
$4,711,000
Premium/Discount to List
-$1,284,000
-21.42%
Views
127
Current Estimated Value
$5,114,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,451
Avg. Annual Appreciation
3.82%

Purchase Details

Listed on
Apr 20, 2019
Closed on
Sep 8, 2019
Sold by
Nejad Ruth Gerda and Nejad Kranzlin Ruth G
Bought by
Logan Paula and Mattox Daniel K
Seller's Agent
Arthur Kalayjian
Compass
Buyer's Agent
Maureen McDermut
Sotheby's International Realty
List Price
$2,595,000
Sold Price
$2,200,000
Premium/Discount to List
-$395,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.77%

Purchase Details

Closed on
May 22, 1998
Sold by
Wooldridge W Louis
Bought by
Nejad Kranzlin Ruth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.95%

Purchase Details

Closed on
May 10, 1996
Sold by
Lindsey Graham Dorothy O
Bought by
Wooldridge W Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neal Marlens Living Trust $4,711,000 First American Title
Logan Paula $2,200,000 Fidelity National Title Co
Nejad Kranzlin Ruth G $725,000 Lawyers Title Company
Wooldridge W Louis -- Lawyers Title Company
Wooldridge W Louis $525,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nejad Kranzlin Ruth G $580,000
Previous Owner Wooldridge W Louis $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 Sold $4,711,000 -4.8% $1,349 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $4,950,000 -2.9% $1,418 / Sq Ft
09/19/2024 09/19/24 Price Changed $5,100,000 -3.8% $1,460 / Sq Ft
07/23/2024 07/23/24 Price Changed $5,300,000 -5.3% $1,518 / Sq Ft
05/22/2024 05/22/24 Price Changed $5,595,000 -6.7% $1,602 / Sq Ft
05/01/2024 05/01/24 For Sale $5,995,000 +172.5% $1,717 / Sq Ft
09/17/2019 09/17/19 Sold $2,200,000 -15.2% $630 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $2,595,000 -- $743 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $25,076 $4,711,000 $2,000,000 $2,711,000
2023 $25,076 $2,312,590 $1,156,295 $1,156,295
2022 $24,196 $2,267,246 $1,133,623 $1,133,623
2021 $23,640 $2,222,792 $1,111,396 $1,111,396
2020 $23,396 $2,200,000 $1,100,000 $1,100,000
2019 $20,075 $1,882,016 $534,758 $1,347,258
2018 $19,790 $1,845,115 $524,273 $1,320,842
2017 $19,136 $1,808,938 $513,994 $1,294,944
2016 $18,668 $1,773,469 $503,916 $1,269,553
2015 $18,463 $1,746,831 $496,347 $1,250,484
2014 -- $1,712,614 $486,625 $1,225,989
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Maureen McDermut

    Sotheby's International Realty

    (805) 570-5545

    6 in this area

    74 Total Sales

    Maureen McDermut
    Section Image
  • Carmen Galzerano

    Buyer's Agent in 2024

    Carmen Galzerano

    Berkshire Hathaway HomeServices California Properties

    (805) 705-3080

    5 in this area

    139 Total Sales

    Carmen Galzerano
    Section Image

  • A

    Seller's Agent in 2019

    Arthur Kalayjian

    Compass

    (805) 455-1379

    16 Total Sales

    Arthur Kalayjian
    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Ron Brand

    Compass

    (805) 455-5045

    17 Total Sales

    Ron Brand
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1396

Santa Barbara Multiple Listing Service

APN: 019-102-016

California Santa Barbara County Santa Barbara 93103 Riviera

1568 Franceschi Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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