NOT LISTED FOR SALE

Estimated Value: $2,882,000 - $4,043,000

3 Beds
3 Baths
1,961 Sq Ft
$1,769/Sq Ft Est. Value

Last Sold January 04, 2013

Last sale price $1,050,000 $535 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $19,995/month

6 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • Cathedral Ceiling
  • Santa Barbara Senior High School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of January 2013

This classic 1941 California cottage features vaulted ceilings, hardwood floors, a cozy fireplace & filtered ocean views. The nearly ½ acre of private grounds includes mature oaks and a gently sloped back yard featuring a tranquil deck with commanding ocean & city views.

Last Agent to Sell the Property

Chris Palme

Coldwell Banker Realty Listed on: 11/07/2012

Last Buyer's Agent

Mike Long

Village Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,531

Year Built

  • Built in 1941

Lot Details

  • 0.44 Acre Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned A-1

Parking

  • Garage

Property Views

  • Ocean
  • City

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,961 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Electric Range
  • Stove

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near a park
  • City Lot

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • 15 Riviera/Upper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 019-082-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,531

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Subdivision Name: 15 - Riviera/Upper
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1941
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.44
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Wooded4: Yes
  • ViewOcean: Yes
  • Appliances Included Electric Range2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View City4: Yes
  • Appliances Included Elect Stove2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range, Elect Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Ocean, City
  • Construction Type: Wood Siding
  • Acres: 0.44
  • Exterior Features: Patio Open, Patio Covered, Wooded
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 019-082-007
  • Zoning: A-1
  • Lot Size Sq Ft: 19166.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2013
Sold by
Foreman Aaron K and Carey Emily
Bought by
Foreman Carey Revocable Trust and Carey Emily
Current Estimated Value
$3,469,393

Purchase Details

Listed on
Nov 7, 2012
Closed on
Nov 28, 2012
Sold by
Sink Virginia T
Bought by
Foreman Aaron K and Carey Emily
Seller's Agent
Chris Palme
Coldwell Banker Realty
Buyer's Agent
Mike Long
Village Properties
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$840,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Sink John M and Sink Virginia T
Bought by
Sink John M and Sink Virginia T

Purchase Details

Closed on
Jul 10, 2003
Sold by
Sink John M and Sink Virginia T
Bought by
Sink John M and Sink Virginia T
Source: Public Records

Range of Values:

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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
Foreman Carey Revocable Trust -- None Available
Foreman Aaron K $19,082,007 Chicago Title Company
Sink John M -- --
Sink John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foreman Aaron K $959,000
Closed Foreman Aaronk $1,031,300
Closed Foreman Aaron K $102,400
Closed Forema Aaro K $1,020,000
Closed Foreman Aaron K $179,000
Closed Foreman Aaron K $840,000
Previous Owner Sink John M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2013 01/04/13 Sold $1,050,000 +5.5% $535 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
11/07/2012 11/07/12 For Sale $995,000 -- $507 / 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 $13,531 $1,298,996 $738,852 $560,144
2023 $13,531 $1,248,556 $710,162 $538,394
2022 $13,050 $1,224,076 $696,238 $527,838
2021 $12,748 $1,200,076 $682,587 $517,489
2020 $12,615 $1,187,771 $675,588 $512,183
2019 $12,393 $1,164,483 $662,342 $502,141
2018 $12,215 $1,141,651 $649,355 $492,296
2017 $11,810 $1,119,267 $636,623 $482,644
2016 $11,556 $1,097,322 $624,141 $473,181
2015 $11,427 $1,080,840 $614,766 $466,074
2014 $11,188 $1,054,767 $602,724 $452,043
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-3458

Santa Barbara Multiple Listing Service

APN: 019-082-007