NOT LISTED FOR SALE

Estimated Value: $2,887,000 - $4,276,763

4 Beds
4 Baths
4,224 Sq Ft
$844/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $2,000,000 $473 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $20,541/month

533 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Fruit Trees
  • Spa
  • Cape Cod Architecture
  • Deck

About This Home

As of November 2020

Located on a quiet cul-de-sac between Montecito & the Polo Fields, this custom rebuild on nearly 1/2 an acre (room for a pool!) provides beautiful mountain and ocean views and close access to the beach at Padaro Lane! Featuring 4 bedrooms and 4 baths with over 4200 sq. ft. of living space, the home includes tray ceilings, wainscoting, French doors and hardwood floors. The gourmet kitchen with expansive island opens to both a formal dining room and a family room with a large fireplace. French doors lead to patios featuring a grand fountain & built-in outdoor grill. The main floor also includes a second fireplace, guest suite and two additional bedrooms. Upstairs the ocean views are spectacular from a library/sitting room, two decks, and a very spacious main bedroom. This includes a fireplace and master bath with steam shower, soaking tub and radiant floor heating. The upstairs also features a family room, fireplace and kitchenette, providing opportunities for extended living situations or working from home. This lovely property also provides great space for entertaining or simply enjoying quiet moments outdoors, with a sizable back deck overlooking the spacious fenced backyard with raised garden beds, fruit and avocado trees, lush landscaping and a hot tub. Solar panels (leased) and irrigation system throughout property.

Last Agent to Sell the Property

Samantha Parrett

Berkshire Hathaway HomeServices California Properties License #02072626 Listed on: 10/10/2020

Last Buyer's Agent

Terence Alemann

Alemann and Associates License #01925020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Fruit Trees
  • Property is in good condition
  • Property is zoned E-1

Property Views

  • Ocean
  • Mountain

Home Design

  • Cape Cod Architecture
  • Craftsman Architecture

Interior Spaces

  • 4,224 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Library
  • Home Security System
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Parking

  • Direct Access Garage
  • Uncovered Parking

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Aliso Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Additional Features

  • Property is near park, public transit, schools, shops, and bus stop
  • Forced Air Heating System

Community Details

  • Toro Cyn/Serena Park Community
  • 05 Padaro Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-330-017

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: Exit Padaro Lane from 101, right on Via Real, left on Ocean View Avenue. Property is close to the end of the street on the right.
  • Prop. Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Cul-De-Sac, Near Public Transit
  • ResoSecurityFeatures: Security System
  • Subdivision Name: 05 - Padaro
  • Architectural Style: Cape Cod, Craftsman
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good
  • Property Information Year Built2: 2008
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.43
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 4224.0
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Gas8: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Toro Cyn/Serena Park
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • ParkingGarage Unc #33: Yes
  • Style Craftsman2: Yes
  • Style Cape Cod2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2+, Gas

Exterior Features

  • View: Mountain(s), Ocean
  • Acres: 0.43
  • Exterior Features: Deck, Patio Open, Patio Covered, SPA-Outside, Fruit Trees, Fenced: ALL

Garage/Parking

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

Utilities

  • Heating: Forced Air, Radiant Floor
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Schools

  • Elementary School: Aliso
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-330-017
  • Zoning: E-1
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Kress Kurt R and Mullen Kress Loraine
Bought by
Kress Kurt Robert and Mullen Kress Loraine
Current Estimated Value
$3,563,941

Purchase Details

Listed on
Oct 10, 2020
Closed on
Nov 3, 2020
Sold by
Cherry Ryan and Cherry Sally E
Bought by
Kress Kurt R and Mullen Kress Loraine
Seller's Agent
Samantha Parrett
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$2,995,000
Sold Price
$2,000,000
Premium/Discount to List
-$995,000
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%

Purchase Details

Closed on
Oct 21, 2015
Sold by
Timlin Robert J and Timlin Caroline A
Bought by
Cherry Ryan and Cherry Sally E

Purchase Details

Listed on
May 12, 2015
Closed on
Jun 11, 2015
Sold by
Breeden Lindsey C and Breeden Linda L
Bought by
The Timlin Family Trust and Timlin Caroline A
Seller's Agent
Wendy Gragg
Distinctive Real Estate
Buyer's Agent
Bob Curtis
Village Properties - 1
List Price
$2,450,000
Sold Price
$2,425,000
Premium/Discount to List
-$25,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Jun 24, 2009
Sold by
Parrish Robert E
Bought by
Breeden Lindsey C and Breeden Linda L

Purchase Details

Closed on
Jun 18, 2009
Sold by
Breeden Lindsey C and Breeden Linda L
Bought by
Breeden Lindsey C and Breeden Linda L

Purchase Details

Closed on
Feb 19, 2009
Sold by
Breeden Lindsey C and Breeden Linda L
Bought by
Breeden Lindsey C and Breeden Linda L

Purchase Details

Closed on
Jun 8, 2005
Sold by
Breeden Lindsey C and Breeden Linda L
Bought by
Breeden Lindsey C and Breeden Linda L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kress Kurt Robert -- None Available
Kress Kurt R $2,000,000 Fidelity National Title Co
Cherry Ryan -- None Available
The Timlin Family Trust $2,425,000 First American Title Company
Breeden Lindsey C -- None Available
Breeden Lindsey C -- None Available
Breeden Lindsey C -- First American Title Company
Breeden Lindsey C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2020 11/10/20 Sold $2,000,000 0.0% $473 / Sq Ft
11/10/2020 11/10/20 Sold $2,000,000 -13.0% $473 / Sq Ft View Prior Sale
10/14/2020 10/14/20 Pending -- -- --
10/14/2020 10/14/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $2,299,000 -23.2% $544 / Sq Ft
04/30/2019 04/30/19 For Sale $2,995,000 +23.5% $709 / Sq Ft
07/02/2015 07/02/15 Sold $2,425,000 -1.0% $580 / Sq Ft View Prior Sale
05/28/2015 05/28/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $2,450,000 -- $586 / 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 $23,082 $2,164,862 $865,945 $1,298,917
2023 $23,082 $2,080,800 $832,320 $1,248,480
2022 $22,311 $2,040,000 $816,000 $1,224,000
2021 $21,837 $2,000,000 $800,000 $1,200,000
2020 $28,385 $2,624,896 $1,109,492 $1,515,404
2019 $27,734 $2,573,429 $1,087,738 $1,485,691
2018 $27,282 $2,522,970 $1,066,410 $1,456,560
2017 $26,796 $2,473,500 $1,045,500 $1,428,000
2016 $26,332 $2,425,000 $1,025,000 $1,400,000
2015 $8,122 $705,662 $92,369 $613,293
2014 $7,647 $691,840 $90,560 $601,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1502

Santa Barbara Multiple Listing Service

APN: 005-330-017