NOT LISTED FOR SALE

2242 Banner Ave Summerland, CA 93067

Estimated Value: $2,792,000 - $3,363,000

3 Beds
2.5 Baths
1,701 Sq Ft
$1,795/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $2,650,000 $1,558 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $19,152/month

1 Day on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Property is near a park
  • Property is near an ocean
  • Fruit Trees
  • 4-minute walk to Lookout Park

About This Home

As of May 2022

In sunny Summerland, it's hard to find a property more lovely and special than 2242 Banner Ave. Perched perfectly on a quiet, tree rich, private lot sits this ship-shape residence, meticulously maintained and recently updated. Improvements include fresh paint, gorgeous, engineered Oak wood floors, solid surface kitchen counters with upscale appliances and more. The living spaces are beautifully proportioned and include vaulted ceilings, bay windows, quality doors and windows and an indoor/outdoor flow that makes the most of the generous 10,000 sq ft lot. (SB9 or ADU potentials abound) Enjoy entertaining on the generous patios surrounded by colorful gardens, producing avocado and lime trees, and a bonus ''shed'' positioned in the upper garden to capture the ocean views. Morning walks to the beach and sunsets at Lookout Park are a breeze from 2242 unlike many of the homes in Summerland that are accessed by steep streets. This sweet spot makes the most of it's location being just two easily-traversed-blocks to Summerland's popular Lillie Ave shops and restaurants and Summerland's abundant foot paths. It's coastal zone presence makes it the ideal home for beach lovers or for a variety of income opportunities. Easy access to the the freeway, minutes to Montecito and Santa Barbara. This one is a special find.

Last Agent to Sell the Property

Bartron Real Est Group

Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075 Listed on: 05/10/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,166

Year Built

  • Built in 1987

Lot Details

  • 10,019 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Lot Sloped Up
  • Irrigation
  • Fruit Trees
  • Property is in excellent condition

Home Design

  • Cottage
  • Split Level Home
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,701 Sq Ft Home
  • Skylights
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views

Kitchen

  • Updated Kitchen
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Garage
  • Washer

Parking

  • Direct Access Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Summerland Elementary School

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 005-132-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,166

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: Due to freeway construction when traveling from Santa Barbara/Montecito to Summerland, please take the Sheffield exit and come over Ortega Hill.
  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Sloped Up, Corner Lot, Near Public Transit
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Split Level, Outside Stairs
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.23
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Property Information Main House SqFt: 1701.0
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Fireplace(s) Gas8: Yes
  • Proximity Near Bus: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • Laundry In Garage2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 10,019
  • Foundation Raised: Yes
  • ParkingGarage Unc #33: Yes
  • Rooms Patio Enclosed2: Yes
  • LocationTopo Upslope2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, LR

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Construction Type: Wood Siding
  • Acres: 0.23
  • Topography: Upslope
  • Exterior Features: Patio Open, Fruit Trees, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab, Raised, Mixed
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Unc #3, Interior Access, Attached

Utilities

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

Schools

  • Elementary School: Summerland
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 005-132-023
  • Zoning: R-1
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Sargent Susan and Sargent Thomas
Bought by
Rtb Trust and Sargent
Current Estimated Value
$3,053,449

Purchase Details

Closed on
Nov 17, 2009
Sold by
Roberts Karen S
Bought by
Dyruff Bradley S and Roberts Karen S

Purchase Details

Closed on
Jun 30, 1998
Sold by
Roberts Karen S and Roberts Karen S
Bought by
Roberts Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Rtb Trust -- None Listed On Document
Dyruff Bradley S -- None Available
Roberts Karen S -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Karen S $251,000
Previous Owner Roberts Karen S $100,000
Previous Owner Roberts Karen S $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $2,650,000 0.0% $1,558 / Sq Ft
05/31/2022 05/31/22 Off Market $2,650,000 -- --
05/18/2022 05/18/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $2,149,000 -- $1,263 / 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 $30,166 $2,812,201 $1,591,812 $1,220,389
2023 $30,166 $2,518,000 $1,425,000 $1,093,000
2022 $7,674 $613,166 $324,618 $288,548
2021 $7,494 $601,144 $318,253 $282,891
2020 $7,391 $594,981 $314,990 $279,991
2019 $7,228 $583,315 $308,814 $274,501
2018 $7,093 $571,878 $302,759 $269,119
2017 $6,951 $560,666 $296,823 $263,843
2016 $6,818 $549,673 $291,003 $258,670
2014 $6,351 $530,813 $281,018 $249,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1483

Santa Barbara Multiple Listing Service

APN: 005-132-023