NOT LISTED FOR SALE

Estimated Value: $2,908,000 - $4,124,000

3 Beds
2 Baths
1,500 Sq Ft
$2,248/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $1,580,000 $1,053 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $20,424/month

36 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Cottage
  • Washington Elementary School Rated A
  • Wood Flooring
  • 1-Story Property

About This Home

As of March 2019

Mesa home with all new bright, sleek open plan interior, 3 bdrms/2 baths, easy-care landscape, desirable coastal neighborhood. New kitchen, high-end appliances; indoor/outdoor living with panoramic glass foldaway door, climate controls; views, peeks of the ocean, abundant natural light through glass doors & windows. Venetian plastered FP, custom baths, new roof, lighting, finished garage. Parks, beach, marina, shopping, cafes, schools, all nearby. Experience the beach lifestyle.

Last Agent to Sell the Property

Stephen Slavin

Coldwell Banker Realty Listed on: 12/19/2018

Last Buyer's Agent

Jamie Rivadeneyra

Foundation Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,576

Year Built

  • Built in 1958

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Ocean Views
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 045-022-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,576

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Directions: Cliff Drive to Salida del Sol, left on Payeras, end of street as it curves.
  • Prop. Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1958
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.21
  • NeighborhoodSchools Elementary School: Washington
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • WaterSewer Sewer Avail: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • ViewOcean: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Construction Type: Wood Siding, Stucco
  • Acres: 0.21
  • Topography: Level
  • Exterior Features: Fenced: PRT
  • Foundation Details: Slab

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

Lot Info

  • Parcel #: 045-022-010
  • Zoning: R-1
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Mar 11, 2019
Sold by
Reeves Bradley
Bought by
Yanes Rita K and Martinez Adrian Yanes
Seller's Agent
Stephen Slavin
Coldwell Banker Realty
Buyer's Agent
Jamie Rivadeneyra
Foundation Real Estate Group
List Price
$1,640,000
Sold Price
$1,580,000
Premium/Discount to List
-$60,000
-3.66%
Current Estimated Value
$3,372,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,792,595
Avg. Annual Appreciation
12.52%
Original Mortgage
$1,264,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2018
Sold by
Lowe Charles J and Lowe Steven J
Bought by
Reeves Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2018
Sold by
Lowe Charles J and Lowe Steven J
Bought by
Lowe Charles J and Lowe Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2000
Sold by
Charles B & Hazel B Tr 8 Lowe Hazel B Trustee
Bought by
Lowe Hazel B
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
Yanes Rita K $1,580,000 First American Title Co
Reeves Bradley $1,225,000 First American Title Co
Lowe Charles J -- First American Title Co
Lowe Hazel B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Adrian Yanes $440,000
Closed Martinez Adrian Yanes $350,000
Closed Yanes Adrian $74,999
Open Yanes Rita K $1,582,750
Closed Yanes Rita K $1,264,000
Closed Yanes Rita K $140,000
Closed Yanes Rita K $1,264,000
Closed Yanes Rita K $158,000
Previous Owner Reeves Bradley $857,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $1,580,000 -3.7% $1,053 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $1,640,000 -- $1,093 / 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 $24,576 $2,374,832 $1,059,740 $1,315,092
2023 $24,576 $2,282,616 $1,018,590 $1,264,026
2022 $23,714 $2,237,860 $998,618 $1,239,242
2021 $20,074 $1,901,295 $979,038 $922,257
2020 $17,009 $1,611,600 $969,000 $642,600
2019 $13,023 $1,225,000 $850,000 $375,000
2018 $1,029 $93,032 $27,898 $65,134
2017 $995 $91,208 $27,351 $63,857
2016 $986 $89,420 $26,815 $62,605
2014 $911 $86,354 $25,896 $60,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-4339

Santa Barbara Multiple Listing Service

APN: 045-022-010