NOT LISTED FOR SALE

187 Olive Summerland, CA 93067

Estimated Value: $2,070,000 - $2,815,000

2 Beds
1.5 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold April 27, 2021

Last sale price $1,735,000

Est. 34% increase in value since last sale

Current estimated payment $14,062/month

About This Home

As of April 2021

This home is located at 187 Olive, Summerland, CA 93067 since 27 April 2021 and is currently estimated at $2,319,159. This property was built in 1945. 187 Olive is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

Last Agent to Sell the Property

Marie Larkin

Sotheby's International Realty License #00523795 Listed on: 04/27/2021

Last Buyer's Agent

The Easter Team

Berkshire Hathaway HomeServices California Properties License #00917775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,457

Year Built

  • Built in 1945

Lot Details

  • 3,920

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 005-152-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,457

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1945
  • Reso Property Sub Type: Home/Estate
  • Property Information Year Built2: 1945
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Schools

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

Lot Info

  • Parcel #: 005-152-024
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Apr 9, 2021
Sold by
Green Bruce Ryan and Green Bruce Howard
Bought by
Gill Alison Kathryn
Seller's Agent
Marie Larkin
Sotheby's International Realty
Buyer's Agent
The Easter Team
Berkshire Hathaway HomeServices California Properties
List Price
$1,735,000
Sold Price
$1,735,000
Current Estimated Value
$2,319,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,159
Avg. Annual Appreciation
6.51%
Original Mortgage
$1,206,975
Outstanding Balance
$1,078,921
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,209,243

Purchase Details

Closed on
Jul 25, 2007
Sold by
French Bruce and French Gerri
Bought by
Green Kevin Scott and Green Bruce Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 1998
Sold by
Joseph Kempf
Bought by
French Bruce and French Gerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Gill Alison Kathryn $1,724,500 Chicago Title Company
Green Kevin Scott $1,200,000 First American Title Company
French Bruce $327,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Alison Kathryn $1,206,975
Previous Owner Green Bruce Howard $40,800
Previous Owner Green Kevin Scott $12,000
Previous Owner Green Kevin Scott $960,000
Previous Owner French Bruce $333,700
Previous Owner French Bruce $300,000
Previous Owner French Bruce $40,000
Previous Owner French Bruce $263,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $1,735,000 0.0% --
04/27/2021 04/27/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,735,000 -- --
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 $20,457 $1,866,381 $1,190,674 $675,707
2023 $20,457 $1,793,909 $1,144,440 $649,469
2022 $19,804 $1,758,735 $1,122,000 $636,735
2021 $16,555 $1,456,176 $970,786 $485,390
2020 $16,363 $1,441,245 $960,832 $480,413
2019 $16,026 $1,412,987 $941,993 $470,994
2018 $15,754 $1,385,282 $923,523 $461,759
2017 $14,320 $1,250,000 $825,000 $425,000
2016 $13,260 $1,150,000 $767,000 $383,000
2014 $11,173 $996,000 $664,000 $332,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marie Larkin

    Sotheby's International Realty

    (805) 680-2525

    1 in this area

    17 Total Sales

    Marie Larkin
    Section Image

  • T

    Buyer's Agent in 2021

    The Easter Team

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1514

Santa Barbara Multiple Listing Service

APN: 005-152-024

California Santa Barbara County Summerland 93067

187 Olive, Summerland, CA

This home is located at 187 Olive, Summerland, CA 93067 since 27 April 2021 and is currently estimated at $2,319,159. This property was built in 1945. 187 Olive is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

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