NOT LISTED FOR SALE

Estimated Value: $2,608,000 - $4,276,196

5 Beds
4.5 Baths
3,511 Sq Ft
$1,067/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $3,132,000 $892 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $23,522/month

Highlights

  • Ocean View
  • Outdoor Pool
  • Maid or Guest Quarters
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Fireplace in Primary Bedroom

About This Home

As of September 2023

The amazing panoramic ocean views from this large, EXISTING Riviera home with plans APPROVED by the design board are a developer's dream. New owners can renovate this home to become a 3511 sq ft, 4 bedroom, 5 bathroom multilevel property with a 2 bedroom 1 bathroom, 800 sq ft ADU downstairs. The new home will feature a roof top deck, 2 primary bedrooms with expansive balconies and panoramic views of the ocean, a wine cellar, 2 car garage, stunning architecture and a modern feeling! Currently, the property is a 3445 sqft 5 bed/5 bath residence with a split living area with 2 kitchens and 2 units. The property will be delivered with a ready to go building permit, shovel ready.

Last Agent to Sell the Property

John Thyne

Goodwin & Thyne Properties License #01356582 Listed on: 09/19/2023

Last Buyer's Agent

Jose Montes

LPT Realty, Inc. License #02066645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,244

Year Built

  • Built in 1987

Lot Details

  • 0.36 Acre Lot
  • Level Lot
  • Hilly Lot
  • Wooded Lot
  • Lawn
  • Property is in good condition
  • Property is zoned E-1

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Tri-Level Property
  • Fixer Upper
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,511 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Deck
  • Covered patio or porch

Location

  • Ground Level Unit
  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units
  • 15 Riviera/Upper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 019-320-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,244

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Directions: Take APS to Las Alturas, turn uphill, property is on your right.
  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Sloped Up
  • Subdivision Name: 15 - Riviera/Upper
  • Architectural Style: Contemporary, Spanish
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level, Outside Stairs
  • New Construction: No
  • Reso Property Condition: Fixer, Good
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.36
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 15681.0
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • ParkingGarage Total # Uncovered Spaces: 4.0
  • Laundry Gas Hookup2: Yes
  • Amenities Grnd Unit: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Condition Fixer2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • LocationTopo Upslope2: Yes
  • Construction Tri-Level2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Fireplace(s) 23: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Disposal
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, 2, Gas, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City, Setting, Harbor, Green Belt, Panoramic
  • Construction Type: Stucco
  • Acres: 0.36
  • Topography: Upslope, Hilly, Level
  • Exterior Features: Other, Pool, Deck, Patio Covered, Lawn, Wooded
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features: Gar #2, Unc #4, Interior Access, Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 019-320-026
  • Zoning: E-1
  • Lot Size Sq Ft: 15681.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Sep 14, 2023
Sold by
Country Club Lifestyle 1 Llc
Bought by
Hometown Equity Group Llc and Cal Bay Investments Llc
Seller's Agent
John Thyne
Goodwin & Thyne Properties
Buyer's Agent
Jose Montes
LPT Realty, Inc.
List Price
$3,445,000
Sold Price
$3,132,000
Premium/Discount to List
-$313,000
-9.09%
Current Estimated Value
$3,746,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,799
Avg. Annual Appreciation
10.53%
Original Mortgage
$3,755,950
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 31, 2022
Sold by
Country Club Lifestyle 1 Llc
Bought by
Teicheira Drew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,978,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2022
Sold by
210 Las Alturas Llc
Bought by
Country Club Lifestyle 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,978,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2020
Closed on
Dec 28, 2020
Sold by
Scott Michael Kevin and Tomklnson Kristin N
Bought by
210 Las Alturas Llc
Seller's Agent
John Thyne
Goodwin & Thyne Properties
Buyer's Agent
Ben Wanetick
Ben Wanetick, Broker
List Price
$2,850,000
Sold Price
$2,100,000
Premium/Discount to List
-$750,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$1,470,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 8, 2020
Closed on
Dec 3, 2020
Sold by
Scott Richard R and Richard R Scott Jr Trust
Bought by
Scott Michael Kevin and Tomkinson Kristin N
Seller's Agent
John Thyne
Goodwin & Thyne Properties
Buyer's Agent
Ben Wanetick
Ben Wanetick, Broker
List Price
$2,850,000
Sold Price
$2,100,000
Premium/Discount to List
-$750,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2011
Sold by
Scott Richard R
Bought by
Scott Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Scott Richard R
Bought by
Scott Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Scott Richard R
Bought by
Scott Richard R
Source: Public Records

Range of Values:

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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
Hometown Equity Group Llc $3,132,000 Fidelity National Title Compan
Teicheira Drew $310,500 First American Title
Country Club Lifestyle 1 Llc $2,750,000 First American Title
210 Las Alturas Llc $2,100,000 First American Title Company
Scott Michael Kevin -- None Available
Scott Richard R -- None Available
Scott Richard R -- None Available
Scott Richard R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hometown Equity Group Llc $4,675,000
Closed Hometown Equity Group Llc $3,755,950
Previous Owner Country Club Lifestyle 1 Llc $2,978,000
Previous Owner 210 Las Alturas Llc $1,470,000
Previous Owner 210 Las Alturas Llc $1,470,000
Previous Owner Scott Richard R $267,000
Previous Owner Scott Richard R $310,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $3,132,000 -9.1% $892 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $3,445,000 +64.0% $981 / Sq Ft
12/31/2020 12/31/20 Sold $2,100,000 -26.3% $610 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $2,850,000 -- $828 / 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
2023 $33,244 $2,750,000 $1,550,000 $1,200,000
2022 $22,864 $2,142,000 $1,122,000 $1,020,000
2021 $22,339 $2,100,000 $1,100,000 $1,000,000
2020 $7,216 $670,301 $249,569 $420,732
2019 $7,089 $657,159 $244,676 $412,483
2018 $6,987 $644,275 $239,879 $404,396
2017 $6,756 $631,643 $235,176 $396,467
2016 $6,652 $619,259 $230,565 $388,694
2015 $6,579 $609,958 $227,102 $382,856
2014 $6,473 $598,011 $222,654 $375,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2819

Santa Barbara Multiple Listing Service

APN: 019-320-026