NOT LISTED FOR SALE

Estimated Value: $2,918,173 - $3,682,000

20.75 Acres
$153,388 Price per Acre
903,870 Sq Ft Lot

Last Sold June 26, 2012

Last sale price $965,000 $384 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $18,530/month

Highlights

  • Ocean View
  • Santa Barbara Senior High School Rated A-
  • 20.75 Acre Lot

About This Lot

As of June 2012

For statistical purposes only. Property sold in May for $1,000,000. New owner was offered a job transfer and sold the property for $965,000 with the buyer paying the selling agent's commission.

Property consists of two parcels with a total of 20.75 acres. There is a guest house, but the main house burned down in the Tea Fire. All utilities onsite.

Last Agent to Sell the Property

Bob Curtis

Village Properties - 1 License #00938841 Listed on: 06/26/2012

Last Buyer's Agent

Kathleen Barnato

Kathleen Barnato License #00978386

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,458

Year Built

  • Built in 1973

Lot Details

  • 20.75 Acre Lot

Property Views

  • Ocean
  • Panoramic
  • City
  • Mountain

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 021-010-044

Property Details

Property Type

Land

Est. Annual Taxes

$20,458

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • Subdivision Name: Other
  • Property Information Apx # Acres: 20.75
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • View Panoramic2: Yes
  • Utility Info Electric2: Yes
  • Utility Info Sewer: Yes
  • Utility Info Telephone2: Yes
  • Utility Info Cable2: Yes
  • ViewOcean: Yes
  • View City4: Yes
  • Assessor's Data Assessor Year Built: 1973.0
  • Assessor's Data Assessor Lot Acres: 9.33
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1973

Exterior Features

  • View: Mountain(s), Ocean, City, Panoramic
  • Acres: 20.75

Utilities

  • Water Source: SB Wtr

Schools

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

Lot Info

  • Parcel #: 021-010-044
  • Zoning: Other
  • Lot Size Sq Ft: 903870.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Jacobson Douglas W and Jacobson Lauren E
Bought by
Jacobson Trust and Jacobson
Current Estimated Value
$3,182,793

Purchase Details

Listed on
Jun 26, 2012
Closed on
Jun 22, 2012
Sold by
Gn Investments Llc
Bought by
Jacobson Douglas W and Kernochan Lauren
Seller's Agent
Bob Curtis
Village Properties - 1
Buyer's Agent
Kathleen Barnato
Kathleen Barnato
List Price
$965,000
Sold Price
$965,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$400,000
Interest Rate
3.77%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jun 26, 2012
Closed on
May 2, 2012
Sold by
Smith Gregory Marshall
Bought by
G N Investments Llc
Seller's Agent
Bob Curtis
Village Properties - 1
Buyer's Agent
Kathleen Barnato
Kathleen Barnato
List Price
$965,000
Sold Price
$965,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.77%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 27, 2001
Sold by
Burke Frank and Burke Elizabeth
Bought by
Smith Gregory Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,500
Interest Rate
8.56%
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
Jacobson Trust -- None Listed On Document
Jacobson Douglas W $965,000 First American Title Company
G N Investments Llc $1,000,000 First American Title Company
Smith Gregory Marshall $1,062,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobson Douglas W $400,000
Previous Owner G N Investments Llc $424,000
Previous Owner Smith Gregory Marshall $1,062,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2012 06/26/12 Sold $965,000 0.0% $384 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $965,000 -3.5% $384 / Sq Ft
05/09/2012 05/09/12 Sold $1,000,000 0.0% $398 / Sq Ft View Prior Sale
05/09/2012 05/09/12 Sold $1,000,000 -16.7% $398 / Sq Ft View Prior Sale
04/04/2012 04/04/12 Pending -- -- --
04/04/2012 04/04/12 Pending -- -- --
11/23/2011 11/23/11 For Sale $1,200,000 0.0% $478 / Sq Ft
11/16/2011 11/16/11 For Sale $1,200,000 -- $478 / 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 $20,458 $1,970,558 $1,059,539 $911,019
2023 $20,458 $1,894,041 $1,018,397 $875,644
2022 $19,737 $1,856,904 $998,429 $858,475
2021 $19,280 $1,820,495 $978,852 $841,643
2020 $19,080 $1,801,829 $968,816 $833,013
2019 $18,746 $1,766,500 $949,820 $816,680
2018 $18,479 $1,731,864 $931,197 $800,667
2017 $17,868 $1,697,907 $912,939 $784,968
2016 $17,459 $1,664,616 $895,039 $769,577
2014 $9,827 $931,516 $854,669 $76,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2072

Santa Barbara Multiple Listing Service

APN: 021-010-044