NOT LISTED FOR SALE

Estimated Value: $4,136,756 - $5,117,000

5 Beds
4.5 Baths
4,105 Sq Ft
$1,137/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $2,580,000 $629 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $27,204/month

74 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Open Floorplan
  • Aurelia Pennekamp Elementary School Rated A
  • Updated Kitchen
  • 2-minute walk to 8th Street Park

About This Home

As of April 2017

Spectacular 2016 newly renovated Santa Barbara style residence with full-grown palm trees situated above the adjacent properties features city and mountain views. Nationally ranked schools K-12 are within walking distance. 3 parks with tennis, paddle, basketball courts, softball and soccer fields are also within walking distance. Beautiful roses and green landscape greet you and its extraordinary space throughout with cupola entry, high ceilings and skylight windows illuminate the living spaces with natural sunlight. Generous floor plan stunningly underscored by private office with own bath, separate yoga room, private dining, well-appointed living, family room and large backyard to entertain plus an incredible kitchen accentuated by Calcutta marble and luxe stainless steel appliances. Sweeping wrought iron banister staircase to the 2nd floor bedrooms and the library. Sumptuous master suite has an oversized walk-in closet and a private spa style bath. Big backyard, security cameras, 3 fireplaces and 3-car garage complete this amazing home.

Last Agent to Sell the Property

John Corrales

Vista Sotheby’s International Realty License #01263687 Listed on: 10/11/2016

Vista Sotheby’s International Realty

Co-Listed By

Lauren Forbes

Compass License #01295248

Last Buyer's Agent

Lisa Poach

Estate Properties License #01986229

Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 5,872 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Stucco Fence
  • Corner Lot
  • Private Yard
  • Property is zoned MNRS

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Copper Plumbing

Interior Spaces

  • 4,105 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Library
  • Loft
  • Intercom
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4164013014

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4164013014
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4105.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Intercom, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Two Story Ceilings, Vacuum Central
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 628.50
  • Room Type: Den, Entry, Family Room, Formal Entry, Great Room, Jack & Jill, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Screens, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • View: City Lights, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Stucco Wall, Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Yard
  • Lot Size Sq Ft: 5872.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 6208.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2017
Sold by
Rhew David and Rhew Kayleen
Bought by
Edelman Martin L and The Dworman Residence Trust
Current Estimated Value
$4,668,939

Purchase Details

Closed on
Feb 11, 2009
Sold by
Hart Timothy J and Looney Jennifer
Bought by
Rhew David and Rhew Kayleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Trainoff Mark A and Trainoff Sue L
Bought by
Trainoff Mark A and Trainoff Sue L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2003
Sold by
E & S Prime Builders Inc
Bought by
Hart Timothy J and Looney Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Jones Virginia and The Max W & Harriet F Wenzl Re
Bought by
E & S Prime Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,834,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 1999
Sold by
Wenzl Max and Wenzl Harriet
Bought by
Wenzl Max W and Wenzl Harriet
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edelman Martin L $2,580,000 Usa National Title Co
Rhew David $1,600,000 Fidelity National Title Co
Trainoff Mark A -- Fidelity National Title Co S
Hart Timothy J $1,290,000 Lawyers Title
E & S Prime Builders Inc $1,200,000 Investors Title Company
Wenzl Max W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhew David $1,000,000
Previous Owner Trainoff Mark A $800,000
Previous Owner Hart Timothy J $1,000,000
Previous Owner E & S Prime Builders Inc $1,834,000
Closed Hart Timothy J $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $2,580,000 -0.7% $629 / Sq Ft
04/13/2017 04/13/17 For Sale $2,599,000 0.0% $633 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $2,599,000 +0.7% $633 / Sq Ft
10/11/2016 10/11/16 Off Market $2,580,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,764 $2,994,303 $1,795,422 $1,198,881
2024 $33,764 $2,935,592 $1,760,218 $1,175,374
2023 $32,835 $2,878,032 $1,725,704 $1,152,328
2022 $32,267 $2,821,601 $1,691,867 $1,129,734
2021 $31,669 $2,766,277 $1,658,694 $1,107,583
2019 $30,818 $2,684,231 $1,609,498 $1,074,733
2018 $30,179 $2,631,600 $1,577,940 $1,053,660
2016 $19,481 $1,740,516 $652,693 $1,087,823
2015 $19,080 $1,714,372 $642,889 $1,071,483
2014 $18,813 $1,680,791 $630,296 $1,050,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16722780

California Regional Multiple Listing Service (CRMLS)

APN: 4164-013-014