NOT LISTED FOR SALE

1575 Oramas Rd Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $3,027,000 - $4,519,000

3 Beds
2.5 Baths
2,428 Sq Ft
$1,536/Sq Ft Est. Value

Last Sold April 21, 2014

Last sale price $2,370,000 $976 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $22,221/month

7 Days on Market

Highlights

  • Ocean View
  • 0.35 Acre Lot
  • Deck
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Property is near a park

About This Home

As of April 2014

This exquisite retreat is on the exclusive “eastern enclave” of Oramas Rd--one of the Riviera’s most prestigious locations. The stunning home offers a “zen-like” sense of serenity along with panoramic ocean, harbor & city views. Outdoor spaces include spacious view terraces & a lushly landscaped 1/3 acre lot offering supreme privacy.

Last Agent to Sell the Property

Chris Palme

Coldwell Banker Realty Listed on: 04/01/2014

Last Buyer's Agent

Nicklas Svensson

Compass License #01213705

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,920

Year Built

  • Built in 1954

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90 x 180
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City

Home Design

  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,428 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • City Lot

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • 15 Riviera/Lower Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 029-051-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,920

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoSecurityFeatures: Security System
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Other
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1954
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.35
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 15246.0
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Appliances Included OvenBltin: Yes
  • Property Information Apx Lot Size FxD: 90 x 180
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Laundry Common Area2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Bltin, Dishwasher, Disposal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Ocean, City, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 0.35
  • Exterior Features: Deck, Patio Covered, Lawn, Fruit Trees
  • Foundation Details: Raised

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel #: 029-051-005
  • Zoning: E-1
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 16, 2014
Sold by
Wilson Diana M
Bought by
Pecoulas George and Luscombe Patricia
Seller's Agent
Chris Palme
Coldwell Banker Realty
Buyer's Agent
Nicklas Svensson
Compass
List Price
$2,195,000
Sold Price
$2,370,000
Premium/Discount to List
$175,000
7.97%
Current Estimated Value
$3,729,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,359,916
Avg. Annual Appreciation
4.01%

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 9, 2014
Sold by
Drury Michael Denis
Bought by
Wilson Diana M
Seller's Agent
Chris Palme
Coldwell Banker Realty
Buyer's Agent
Nicklas Svensson
Compass
List Price
$2,195,000
Sold Price
$2,370,000
Premium/Discount to List
$175,000
7.97%

Purchase Details

Closed on
Mar 7, 2012
Sold by
Wilson Diana M
Bought by
Wilson Diana M

Purchase Details

Closed on
Sep 6, 2006
Sold by
Wilson Diana M
Bought by
Wilson Diana M

Purchase Details

Closed on
Apr 1, 2002
Sold by
Wilson Diana M
Bought by
Drury Michael Denis and Wilson Diana M

Purchase Details

Closed on
Jul 31, 1998
Sold by
Drury Michael
Bought by
Wilson Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1998
Sold by
Wilson Diana M
Bought by
Drury Michael and Wilson Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1995
Sold by
Drury Michael D
Bought by
Wilson Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1995
Sold by
Lewis Peter T and Kealkahn Debra Marie
Bought by
Wilson Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.9%
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
Pecoulas George $2,370,000 Wfg Title Company Of Califor
Wilson Diana M -- None Available
Wilson Diana M -- None Available
Wilson Diana M -- None Available
Drury Michael Denis -- --
Wilson Diana M -- Equity Title Company
Drury Michael -- --
Wilson Diana M -- Equity Title Company
Wilson Diana M -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Diana M $409,500
Previous Owner Wilson Diana M $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2014 04/21/14 Sold $2,370,000 +8.0% $976 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $2,195,000 -- $904 / 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 $31,920 $3,066,850 $1,684,895 $1,381,955
2023 $31,920 $2,947,762 $1,619,469 $1,328,293
2022 $30,801 $2,889,964 $1,587,715 $1,302,249
2021 $30,094 $2,833,299 $1,556,584 $1,276,715
2020 $28,515 $2,684,250 $1,540,624 $1,143,626
2019 $27,862 $2,616,914 $1,505,514 $1,111,400
2018 $27,467 $2,565,603 $1,475,995 $1,089,608
2017 $26,560 $2,515,298 $1,447,054 $1,068,244
2016 $25,752 $2,454,215 $1,418,681 $1,035,534
2014 $7,802 $731,793 $338,792 $393,001
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Chris Palme

    Coldwell Banker Realty

  • Nicklas Svensson

    Buyer's Agent in 2014

    Nicklas Svensson

    Compass

    (805) 253-7700

    15 Total Sales

    Nicklas Svensson
    Section Image

  • N

    Buyer's Agent in 2014

    Nick Svensson

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-971

Santa Barbara Multiple Listing Service

APN: 029-051-005

California Santa Barbara County Santa Barbara 93103 Lower Riviera

1575 Oramas Rd, Santa Barbara, CA

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