NOT LISTED FOR SALE

Estimated Value: $2,729,000 - $3,339,305

5 Beds
3 Baths
2,952 Sq Ft
$982/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2021

Last sale price $2,100,000 $711 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $17,535 / mo

5 Days on Market

Highlights

  • Ocean View
  • Spa
  • Updated Kitchen
  • Washington Elementary School Rated A
  • Property is near an ocean
  • Fruit Trees

About This Home

As of October 2021

Huge single level Mesa Fixer with 2,952 SF and ocean views from roof deck. 5 bed, 3 baths configured with 942 SF apartment for ADU use. Main house is 4+2. There are two family rooms. Located in the Pacific Estates area below Cliff Drive so Short Term Rentals are allowed. Pest and Physical Inspections are available for buyers to review. This is one of the largest lots in neighborhood – over 13,000 SF - .3 of an acre. This is the best location on Payeras. It is bordering Loyola Drive. Big Surprise - home is way below Cliff Drive so quiet – even outdoors in the back yard. Offers reviewed on Monday at noon. Easy to show.

Last Agent to Sell the Property

Scott Williams

Berkshire Hathaway HomeServices California Properties License #00628741 Listed on: 09/16/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Scott Williams

Berkshire Hathaway HomeServices California Properties License #00628741 Listed on: 09/16/2021

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 13,068 Sq Ft Lot
  • Fenced
  • Level Lot
  • Fruit Trees
  • Property is in good condition
  • Property is zoned E-3

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,952 Sq Ft Home
  • Multiple Fireplaces
  • Free Standing Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Open Floorplan
  • Dining Area
  • Ocean Views

Kitchen

  • Updated Kitchen
  • Stove
  • Dishwasher

Flooring

  • Linoleum
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Patio

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital
  • City Lot

Schools

  • Washington Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Sewer Stub Out
  • Cable TV Available

Community Details

  • Pacific Estates Community
  • 20 Mesa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045-022-011

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Directions: Directions From Cliff Drive turn onto Salida Del Sol toward the ocean. Then turn left immediately onto Payeras Street. 1602 is at the end of the block on the left as the road curves into Loyola Drive.
  • Prop. Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Subdivision Name: 20 - Mesa
  • Architectural Style: Ranch, Tract
  • Reso Flooring: Laminate, Tile, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Good, Fair
  • Property Information Year Built2: 1958
  • Property Information Apx # Acres: 0.3
  • NeighborhoodSchools Elementary School: Washington
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2952.0
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Property Information Apx Lot SqFt: 13068.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Fireplace(s):_two_3: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Pacific Estates
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Laundry In Garage2: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Site Improvements Cable TV3: Yes
  • Proximity Near Hospital2: Yes
  • Condition Fair2: Yes
  • Dining In Living Room2: Yes
  • Fireplace(s) Free Standing2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Heating Wall: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Other, 2, Free Standing, LR
  • Total Bedrooms: 10

Exterior Features

  • Roof: Flat
  • View: Ocean
  • Construction Type: Stucco
  • Acres: 0.3
  • Topography: Level
  • Exterior Features: Deck, Patio Open, SPA-Outside, Fruit Trees, Fenced: ALL
  • Foundation Details: Slab
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gar #2

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Washington
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 045-022-011
  • Zoning: E-3
  • Lot Size Sq Ft: 13068.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Sep 22, 2021
Sold by
Chen Schindlinger Family Trust and Chen Irene A
Bought by
Deering Gene S and Deering Jill M
Seller's Agent
Scott Williams
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Scott Williams
Berkshire Hathaway HomeServices California Properties
List Price
$1,985,000
Sold Price
$2,100,000
Premium/Discount to List
$115,000
5.79%
Current Estimated Value
$2,898,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,076
Avg. Annual Appreciation
7.52%
Original Mortgage
$1,680,000
Outstanding Balance
$1,506,795
Interest Rate
1.88%
Mortgage Type
New Conventional
Estimated Equity
$1,391,281

Purchase Details

Closed on
Jul 29, 2020
Sold by
Chen Irene and Schindlinger Michael D
Bought by
Chen Irene A and Schindlinger Michael D

Purchase Details

Listed on
Apr 3, 2013
Closed on
Apr 19, 2013
Sold by
Haldeman Benjamin J and Haldeman Kathleen L
Bought by
Chen Irene and Schindlinger Michael D
Seller's Agent
Matthew Kelly
The Channel Group
Buyer's Agent
Linda Mason
Keller Williams Realty Santa Barbara
List Price
$949,000
Sold Price
$978,000
Premium/Discount to List
$29,000
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$782,400
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2011
Sold by
Hygelund John
Bought by
Hygelund John C and The John C Hygelund Declaration Of Trust

Purchase Details

Closed on
Nov 30, 2009
Sold by
The Julie Turner Living Trust
Bought by
Haldeman Benjamin J and London Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Turner Julie M
Bought by
The Julie Turner Living Trust and Turner Julie

Purchase Details

Closed on
Mar 24, 2006
Sold by
Hicks Julie T
Bought by
Turner Julie M

Purchase Details

Closed on
Dec 6, 2005
Sold by
Hicks Mark J and Hicks Julie M
Bought by
Hicks Julie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 30, 2001
Sold by
Hicks Mark J and Hicks Julie M
Bought by
Hicks Mark J and Hicks Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 1998
Sold by
Hicks Sharon Theres
Bought by
Hicks Mark James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.88%

Purchase Details

Closed on
Sep 14, 1998
Sold by
Hicks Mark James
Bought by
Hicks Mark J and Turner Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.88%

Purchase Details

Closed on
Feb 2, 1994
Sold by
Alvarez Jose M and Alvarez Benita
Bought by
Alvarez Jose M and Alvarez Benita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deering Gene S $2,100,000 First American Title
Chen Irene A -- None Available
Chen Irene $978,000 Fidelity National Title Co
Hygelund John C -- None Available
Haldeman Benjamin J $1,000,000 First American Title Company
The Julie Turner Living Trust -- None Available
Turner Julie M -- None Available
Hicks Julie T -- Alliance Title Company
Hicks Mark J -- Fidelity National Title Co
Hicks Mark James -- Chicago Title Co
Hicks Mark J -- Chicago Title Co
Hicks Mark James $425,000 Chicago Title Co
Alvarez Jose M -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deering Gene S $1,680,000
Previous Owner Chen Irene $782,400
Previous Owner Haldeman Benjamin J $600,000
Previous Owner Hicks Julie T $870,000
Previous Owner Hicks Mark J $100,000
Previous Owner Hicks Mark James $382,500
Previous Owner Alvarez Jose M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2021 10/19/21 Sold $2,100,000 +5.8% $711 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,985,000 +103.0% $672 / Sq Ft
05/29/2013 05/29/13 Sold $978,000 +3.1% $341 / Sq Ft View Prior Sale
04/16/2013 04/16/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $949,000 -- $331 / 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 $23,135 $2,228,536 $1,379,570 $848,966
2023 $23,135 $2,142,000 $1,326,000 $816,000
2022 $22,326 $2,100,000 $1,300,000 $800,000
2021 $11,733 $1,112,613 $625,702 $486,911
2020 $11,611 $1,101,206 $619,287 $481,919
2019 $11,408 $1,079,615 $607,145 $472,470
2018 $11,245 $1,058,447 $595,241 $463,206
2017 $10,872 $1,037,694 $583,570 $454,124
2016 $10,645 $1,017,348 $572,128 $445,220
2014 $10,353 $982,440 $552,497 $429,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3489

Santa Barbara Multiple Listing Service

APN: 045-022-011

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