Chris Palme
Sotheby's International Realty
(805) 262-8876
18 Total Sales
6 in Riviera
$2.2M - $3.5M Price Range
1568 Franceschi Rd Santa Barbara, CA 93103
Riviera NeighborhoodEstimated Value: $5,233,762
4
Beds
3.5
Baths
3,492
Sq Ft
$1,499/Sq Ft
Est. Value
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 2024Sophistication 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
Sotheby's International Realty License #01175027 Listed on: 05/01/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #00950129 / 01953155
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Home Details
Home Type
- Single Family
Year Built
- Built in 1965
Lot Details
- 31,799 Sq Ft 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,762
Avg. Annual Appreciation
5.99%
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
Chung Suk Young
Bought by
Wooldridge W Louis
Purchase Details
Closed on
May 10, 1996
Sold by
Lindsey Graham Dorothy O
Bought by
Wooldridge W Louis
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Riviera, CA
-
Chris Palme
-
Summer Knight
Summer Knight
Responds QuicklySun Coast Real Estate
(805) 335-6908
140 Total Sales
1 in Riviera
$5,000,000 Price
-
Janice Laney
Janice Laney
Responds QuicklyKeller Williams Santa Barbara
(805) 865-7385
31 Total Sales
1 in Riviera
$3,100,000 Price
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
7 in Riviera
$2.1M - $9.1M Price Range
-
Erika Burrows
Erika Burrows
Berkshire Hathaway HomeServices California Properties
(805) 303-8072
4 Total Sales
1 in Riviera
$3,300,000 Price
-
Joe Wyban
Joe Wyban
Responds QuicklyApproach Properties Premium Real Estate Services
(424) 354-8331
26 Total Sales
1 in Riviera
$3,175,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $4,711,000 | First American Title | ||
| Logan Paula | $2,200,000 | Fidelity National Title Co | |
| Wooldridge W Louis | -- | Lawyers Title Company | |
| Nejad Kranzlin Ruth G | $725,000 | Lawyers Title Company | |
| Wooldridge W Louis | $525,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,080,000 | ||
| Previous Owner | Kranzlin Ruth G Nejad | $593,000 | |
| Previous Owner | Nejad Kranzlin Ruth | $600,000 | |
| Previous Owner | Nejad Kranzlin Ruth G | $600,000 | |
| Previous Owner | Nejad Kranzlin Ruth G | $1,200,000 | |
| Previous Owner | Nejad Kranzlin Ruth G | $1,200,000 | |
| Previous Owner | Nejad Kranzlin Ruth G | $1,200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $49,810 | $4,805,220 | $2,040,000 | $2,765,220 |
| 2025 | $49,810 | $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
-
Maureen McDermut
MM
Seller's Agent in 2024
Maureen McDermut
Sotheby's International Realty
(805) 570-5545
6 in this area
62 Total Sales
-
Carmen Galzerano
Buyer's Agent in 2024
Carmen Galzerano
Berkshire Hathaway HomeServices California Properties
(805) 705-3080
3 in this area
123 Total Sales
-
Arthur Kalayjian
AK
Seller's Agent in 2019
Arthur Kalayjian
Compass
(805) 455-1379
11 Total Sales
-
Ron Brand
RB
Seller Co-Listing Agent in 2019
Ron Brand
Compass
(805) 455-5045
12 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-1396
APN: 019-102-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.
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