NOT LISTED FOR SALE

Estimated Value: $2,463,099 - $3,770,000

3 Beds
4 Baths
1,775 Sq Ft
$1,769/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $1,550,000 $873 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $18,380/month

3 Days on Market

Highlights

  • Ocean View
  • Fruit Trees
  • Hilly Lot
  • Santa Barbara Senior High School Rated A-
  • Fireplace in Primary Bedroom
  • 4-minute walk to Orpet Park

About This Home

As of April 2014

Tuscan style Riviera View property offering 3 bedrooms, 2 baths, a den and a loft area. This immaculate home has been updated, is turn key, and has an integrated entertainment system. A trellised garden is located directly off the kitchen, a floor plan is available. 360 Interactive Virtual Tour:

Last Agent to Sell the Property

Richard van Seenus

Sotheby's International Realty Listed on: 03/13/2014

Co-Listed By

Melissa Birch

Sotheby's International Realty

Last Buyer's Agent

Sharon Fisher

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,831

Year Built

  • Built in 1938

Lot Details

  • Hilly Lot
  • Fruit Trees
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • Garage

Property Views

  • Ocean
  • City

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,775 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Loft
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

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 and Cooling System

Community Details

  • 15 Riviera/Lower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027-152-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,831

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1938
  • Reso Property Sub Type: Home/Estate
  • Co List Office Mls Id: sir06
  • Co List Office Phone: 805-963-1391
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Medit
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1938
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Style Medit2: Yes
  • Foundation Raised: Yes
  • View City4: Yes
  • Rooms Loft2: Yes
  • Fireplace(s) 23: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Gas Stove
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Primary Bedroom

Exterior Features

  • Roof: Composition, Tile
  • View: Ocean, City
  • Construction Type: Stucco
  • Topography: Hilly
  • Exterior Features: Fruit Trees
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • 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 #: 027-152-018
  • Zoning: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2014
Closed on
Mar 21, 2014
Sold by
Rosen Edward L and Rosen Rebecca A
Bought by
The Spear Living Trust and Spear Carol L
Seller's Agent
Richard van Seenus
Sotheby's International Realty
Buyer's Agent
Sharon Fisher
Berkshire Hathaway HomeServices California Properties
List Price
$1,550,000
Sold Price
$1,550,000
Current Estimated Value
$3,139,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,589,525
Avg. Annual Appreciation
6.13%
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 9, 2011
Closed on
Feb 28, 2012
Sold by
Larocca Antonia M
Bought by
Rosen Edward L and Rosen Rebecca A
Seller's Agent
Linda Lorenzen
Coldwell Banker Realty
Buyer's Agent
Melissa Birch
Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,325,000
Premium/Discount to List
-$170,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$1,192,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2008
Sold by
Forster Michael and Forster Kathleen
Bought by
Larocca Antonia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2006
Sold by
Milton John C and Milton Jill V
Bought by
Forster Michael and Forster Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 2003
Sold by
Sims Jonathan Mark and Sims Priscilla Brown
Bought by
Milton John C and Milton Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving
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
The Spear Living Trust -- Fidelity National Title Co
Rosen Edward L $1,325,000 Fidelity National Title Co
Larocca Antonia M $1,475,000 Lawyers Title Company
Forster Michael -- Equity Title Company Santa B
Milton John C -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spear Carol $150,000
Open Spear David H $622,000
Closed Spear David H $700,000
Closed The Spear Living Trust $1,000,000
Previous Owner Rosen Edward L $1,192,500
Previous Owner Larocca Antonia M $715,000
Previous Owner Larocca Antonia M $729,750
Previous Owner Larocca Antonia M $729,750
Previous Owner Forster Michael $200,000
Previous Owner Forster Michael $1,100,000
Previous Owner Milton John C $445,000
Previous Owner Milton Jill $100,000
Previous Owner Milton John C $200,000
Previous Owner Milton John C $340,000
Previous Owner Sims Jonathan $431,000
Previous Owner Sims Jonathan Mark $100,000
Previous Owner Sims Jonathan Mark $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $1,550,000 0.0% $873 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $1,550,000 +17.0% $873 / Sq Ft
03/01/2012 03/01/12 Sold $1,325,000 -11.4% $746 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
03/02/2011 03/02/11 For Sale $1,495,000 -- $842 / 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 $19,831 $1,900,079 $1,041,979 $858,100
2023 $19,831 $1,826,299 $1,001,519 $824,780
2022 $19,134 $1,790,490 $981,882 $808,608
2021 $18,694 $1,755,383 $962,630 $792,753
2020 $18,501 $1,737,385 $952,760 $784,625
2019 $18,178 $1,703,320 $934,079 $769,241
2018 $17,920 $1,669,922 $915,764 $754,158
2017 $17,328 $1,637,179 $897,808 $739,371
2016 $16,913 $1,605,078 $880,204 $724,874
2015 $16,727 $1,580,969 $866,983 $713,986
2014 $14,436 $1,357,635 $717,241 $640,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-780

Santa Barbara Multiple Listing Service

APN: 027-152-018