NOT LISTED FOR SALE

170 Olive St Summerland, CA 93067

Estimated Value: $2,423,000 - $2,939,000

3 Beds
3 Baths
2,091 Sq Ft
$1,310/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $1,625,000 $777 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $15,941/month

144 Days on Market

Highlights

  • Ocean View
  • Cape Cod Architecture
  • Property is near park, public transit, schools, shops, and bus stop
  • Property is near an ocean
  • Deck
  • Wood Flooring

About This Home

As of July 2019

Located near the top of Summerland this charming and sophisticated California cottage has panoramic ocean, island and harbor views, landscaped tropical gardens and a versatile floor plan. The kitchen opens up nicely to the dining and living rooms and has a Sub Zero refrigerator, Viking range, Bosch dishwasher and ocean views. The home has merbau hardwood floors throughout , custom built in mahogany bookcases, French doors to tiled patios, cathedral ceilings and a gas fireplace in the living room. The third bedroom is well separated from the rest of the home and there is a 3 car garage plus workshop area below.

Last Agent to Sell the Property

John Henderson

Village Properties License #00780607 Listed on: 01/08/2019

Last Buyer's Agent

Fred Bradley

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,098

Parking

  • Garage

Property Views

  • Ocean
  • Harbor
  • City

Home Design

  • Cape Cod Architecture
  • Composition Roof

Interior Spaces

  • 2,091 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Property is near an ocean
  • Deck

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Additional Features

  • Property is in excellent condition
  • Property is near park, public transit, schools, shops, and bus stop
  • Forced Air Heating System

Community Details

  • 05 Summerland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-160-026

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: From Lillie Ave head up Olive Street to the corner of Emerson and Olive on the right side.
  • Prop. Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Cape Cod
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1955
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2091.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 6,098
  • View Harbor2: Yes
  • View City4: Yes
  • WaterSewer Meter In: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Gas Stove, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Ocean, City, Harbor
  • Exterior Features: Deck
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Meter In, Mont Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-160-026
  • Zoning: R-1
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Cooper Kristi C
Bought by
Kristi Cooper Living Trust and Cooper
Current Estimated Value
$2,739,915

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jun 11, 2019
Sold by
Sapienza Joseph Paul and Sapienza Lucinda Clarke
Bought by
White Kristi C
Seller's Agent
John Henderson
Village Properties
Buyer's Agent
Fred Bradley
Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,625,000
Premium/Discount to List
-$70,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$975,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Sapienza Joseph P and Sapienza Lucinda C
Bought by
Sapienza Joseph Paul and Sapienza Lucinda Clarke

Purchase Details

Closed on
Mar 1, 2002
Sold by
Jones Alison M
Bought by
Sapienza Joseph P and Sapienza Lucinda C

Purchase Details

Closed on
Feb 11, 1998
Sold by
Grimont Janis L and Grimont Michael R
Bought by
Jones Alison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 1998
Sold by
Grimont Janis L
Bought by
Grimont Michael R and Grimont Janis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kristi Cooper Living Trust -- None Listed On Document
Kristi Cooper Living Trust -- None Listed On Document
White Kristi C $1,625,000 Fidelity National Title Co
Sapienza Joseph Paul -- --
Sapienza Joseph P -- Equity Title Company
Jones Alison M -- Fidelity National Title Co
Grimont Michael R -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Kristi C $975,000
Previous Owner Jones Alison M $550,000
Previous Owner Grimont Michael R $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $1,625,000 -4.1% $777 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $1,695,000 -- $811 / 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 $19,541 $1,777,169 $874,914 $902,255
2023 $19,541 $1,708,161 $840,941 $867,220
2022 $18,920 $1,674,668 $824,452 $850,216
2021 $18,506 $1,641,833 $808,287 $833,546
2020 $18,295 $1,625,000 $800,000 $825,000
2019 $19,225 $1,724,255 $1,191,885 $532,370
2018 $18,902 $1,690,447 $1,168,515 $521,932
2017 $18,556 $1,657,302 $1,145,603 $511,699
2016 $18,223 $1,624,807 $1,123,141 $501,666
2014 $16,952 $1,569,053 $1,084,601 $484,452
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-76

Santa Barbara Multiple Listing Service

APN: 005-160-026