NOT LISTED FOR SALE

Estimated Value: $1,778,847 - $2,201,000

4 Beds
2.5 Baths
2,288 Sq Ft
$866/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $2,100,000 $918 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $11,264/month

112 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Deck
  • Loma Vista Elementary School Rated A-
  • Midcentury Modern Architecture
  • Hilly Lot

About This Home

As of July 2023

Substantial price adjustment! Welcome to 2272 Hillcrest, a spectacular property perched atop a hill and offering captivating panoramic city, ocean, pier and island views. This sophisticated residence offers an exciting blend of farmhouse and mid-century modern designs for contemporary living. A bright and airy open floorplan allows for delightful indoor-outdoor living, highlighted by a view deck large enough to entertain and private enough to relax in the morning or evening with your favorite beverage. The home artfully blends wide plank engineered oak flooring with subtle bespoke tile work, resulting in a unifying aesthetic that merges both indoor and outdoor spaces. The large chef's kitchen dazzles with quartz countertops, while all bathrooms offer high-end stone countertops. The lower-level patio leads out to a beautiful verdant backyard, perfect for summer barbecues or simply relaxing in your own private oasis. This home has thoughtfully designed four bedrooms and three bathrooms. Thanks to its impressive design and stunning views, this property offers the perfect combination of modern luxuries and outdoor tranquility. A few other upgrades include a water filtration system throughout, Sierra Pacific accordion doors with aluminum clad exteriors, upgraded electric panel to allow for an EV charger in the garage and high-end rain gutters along the entire roof. Live life to the fullest in Ventura.

Last Agent to Sell the Property

Larry Krogh

LIV Sotheby's International Realty License #01305510 Listed on: 03/15/2023

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 7,732 Sq Ft Lot
  • Hilly Lot
  • Property is in excellent condition

Parking

  • Attached Garage

Property Views

  • Ocean
  • Beach
  • Island
  • Coastline
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • 2-Story Property
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • Gas Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck

Location

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

Utilities

  • Heating Available

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 074-0-031-310

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Architectural Style: Mid-century Modern, Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1973
  • Property Information Apx # Acres: 0.18
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining In Kitchen4: Yes
  • Fireplace(s) Gas8: Yes
  • Property Information Apx Lot SqFt: 7732.0
  • Proximity Near Bus: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • View Beach2: Yes
  • Style Mid-century Modern: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Disposal, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Islands, Coastline, Ocean, City, Harbor, Panoramic
  • Construction Type: Wood Siding
  • Acres: 0.18
  • Topography: Hilly
  • Exterior Features: Deck
  • Foundation Details: Slab, Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Heating: Other
  • HeatingYN: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

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

Lot Info

  • Parcel #: 074-0-031-310
  • Zoning: R-1
  • Lot Size Sq Ft: 7732.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jun 27, 2023
Sold by
Smith Joshua Wesley and Hayley Nicole
Bought by
Pegg Brendan
Seller's Agent
Larry Krogh
LIV Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,275,000
Sold Price
$2,100,000
Premium/Discount to List
-$175,000
-7.69%
Views
340
Current Estimated Value
$1,939,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$160,053
Avg. Annual Appreciation
-2.24%
Original Mortgage
$1,000,000
Outstanding Balance
$976,145
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,005,317

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 10, 2019
Sold by
2272 Hillcrest Llc
Bought by
Smith Joshua Wesley and Smith Hayley Nicole
Seller's Agent
Deborah Delaney
LIV Sotheby's International
Buyer's Agent
Larry Krogh
LIV Sotheby's International
List Price
$1,695,000
Sold Price
$1,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$1,356,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2018
Closed on
Jul 26, 2018
Sold by
Saal Frederick W and Saal Lisa N
Bought by
2272 Hillarest Llc
Seller's Agent
Fred Evans
RE/MAX Gold Coast REALTORS
Buyer's Agent
Deborah Delaney
Century 21 Everest
List Price
$1,299,000
Sold Price
$1,150,000
Premium/Discount to List
-$149,000
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.99%
Original Mortgage
$1,155,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1994
Sold by
Billings David M and Billings Katherine W
Bought by
Saal Frederick W and Duncan Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.87%
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
Pegg Brendan $2,100,000 Lawyers Title
Smith Joshua Wesley $1,695,000 Fidelity National Title Co
2272 Hillarest Llc $1,155,000 Chicago Title Co
Saal Frederick W $405,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pegg Brendan $1,000,000
Previous Owner Smith Joshua Wesley $1,356,000
Previous Owner 2272 Hillarest Llc $1,155,000
Previous Owner Saal Frederick W $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2023 07/12/23 Sold $2,100,000 -3.0% $918 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $2,165,000 -0.5% $946 / Sq Ft
04/05/2023 04/05/23 Price Changed $2,175,000 -1.1% $951 / Sq Ft
03/21/2023 03/21/23 Price Changed $2,200,000 -3.3% $962 / Sq Ft
03/15/2023 03/15/23 For Sale $2,275,000 0.0% $994 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $2,275,000 +34.2% $994 / Sq Ft
04/30/2019 04/30/19 Sold $1,695,000 0.0% $741 / Sq Ft View Prior Sale
04/30/2019 04/30/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $1,695,000 +47.4% $741 / Sq Ft
08/31/2018 08/31/18 Sold $1,150,000 -11.5% $503 / Sq Ft View Prior Sale
08/28/2018 08/28/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $1,299,000 -- $568 / 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 $14,158 $1,321,162 $834,326 $486,836
2024 $14,158 $1,295,257 $817,966 $477,291
2023 $19,990 $1,817,380 $1,181,566 $635,814
2022 $18,600 $1,781,746 $1,158,398 $623,348
2021 $18,238 $1,746,810 $1,135,684 $611,126
2020 $18,063 $1,728,900 $1,124,040 $604,860
2019 $12,210 $1,158,800 $751,000 $407,800
2018 $6,382 $597,850 $346,903 $250,947
2017 $6,248 $586,128 $340,101 $246,027
2016 $6,127 $574,636 $333,433 $241,203
2015 $6,062 $566,007 $328,426 $237,581
2014 $5,963 $554,922 $321,994 $232,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-499

Santa Barbara Multiple Listing Service

APN: 074-0-031-310