NOT LISTED FOR SALE

2224 Gibraltar Rd Santa Barbara, CA 93105

Cielito Neighborhood

Estimated Value: $4,712,385 - $5,298,000

3 Beds
3 Baths
4,098 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $2,814,500 $687 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $28,593/month

About This Home

As of April 2015

For statistical purposes only

Last Agent to Sell the Property

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141 Listed on: 04/20/2015

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Suzanne Perkins

Sotheby's International Realty

Last Buyer's Agent

Karen Spechler

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 11.46

Home Design

  • 4,098 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Property is zoned CLA
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 021-180-004

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

11.46 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Home/Estate
  • Co List Office Mls Id: sir
  • Co List Office Phone: 805-969-9993
  • Property Information Year Built2: 2004
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Schools

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

Lot Info

  • Parcel #: 021-180-004
  • Zoning: CLA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2015
Closed on
Apr 10, 2015
Sold by
Armour Allison
Bought by
The Gibraltar California Trust
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Karen Spechler
Coldwell Banker Realty
List Price
$3,495,000
Sold Price
$2,814,500
Premium/Discount to List
-$680,500
-19.47%
Current Estimated Value
$4,979,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,164,846
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Jul 8, 2008
Sold by
Palmer Russell D
Bought by
Armour Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 1994
Sold by
Anacapa Ranch Ltd
Bought by
Palmer Russell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1993
Sold by
Anacapa Ranch Ltd
Bought by
Palmer Russell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Gibraltar California Trust $2,814,500 Chicago Title Company
Armour Allison -- Lawyers Title Company
Palmer Russell D -- First American Title
Palmer Russell D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armour Allison $1,100,000
Previous Owner Palmer Russell D $320,000
Previous Owner Palmer Russell D $175,000
Closed Palmer Russell D $145,000
Closed Palmer Russell D $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2015 04/20/15 Sold $2,814,500 -19.5% $687 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $3,495,000 +24.2% $853 / Sq Ft
04/17/2015 04/17/15 Sold $2,814,500 -36.0% $947 / Sq Ft View Prior Sale
03/16/2015 03/16/15 Pending -- -- --
07/28/2014 07/28/14 For Sale $4,400,000 -- $1,480 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $36,216 $3,464,622 $1,573,337 $1,891,285
2023 $36,216 $3,330,089 $1,512,244 $1,817,845
2022 $34,940 $3,264,794 $1,482,593 $1,782,201
2021 $34,134 $3,200,779 $1,453,523 $1,747,256
2020 $33,781 $3,167,960 $1,438,619 $1,729,341
2019 $32,412 $3,032,314 $1,400,607 $1,631,707
2018 $31,951 $2,972,858 $1,373,145 $1,599,713
2017 $30,895 $2,914,568 $1,346,221 $1,568,347
2016 $30,083 $2,857,421 $1,319,825 $1,537,596
2015 $29,751 $2,814,500 $1,300,000 $1,514,500
2014 -- $2,530,000 $1,100,000 $1,430,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Suzanne Perkins

    Sotheby's International Realty

  • Dan Encell

    Seller's Agent in 2015

    Dan Encell

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    1 in this area

    110 Total Sales

    Dan Encell
    Section Image

  • K

    Buyer's Agent in 2015

    Karen Spechler

    Coldwell Banker Realty

  • J

    Buyer Co-Listing Agent in 2015

    Jessica Sessions

    Berkshire Hathaway HomeServices California Properties

  • Jessie Sessions

    Buyer Co-Listing Agent in 2015

    Jessie Sessions

    Berkshire Hathaway HomeServices California Properties

    (805) 709-0904

    41 Total Sales

    Jessie Sessions
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-1240

Santa Barbara Multiple Listing Service

APN: 021-180-004

California Santa Barbara County Santa Barbara 93105 Cielito

2224 Gibraltar Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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