NOT LISTED FOR SALE

Estimated Value: $1,126,000 - $1,307,000

3 Beds
2 Baths
1,465 Sq Ft
$833/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $740,000 $505 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,754/month

2 Days on Market

Highlights

  • Property is near an ocean
  • Fruit Trees
  • Property is near public transit
  • San Marcos Senior High School Rated A
  • Contemporary Architecture
  • 3-minute walk to Pilgrim Terrace Park

About This Home

As of February 2014

Impeccably maintained townhouse nestled amongst old pines and liquid ambers in excellent location. This end unit in the quiet PUD complex of Vista Madera has beautiful views overlooking LaCumbre Junior High field and enjoys ample sunlight from all rooms. A ground level master, vaulted ceilings, new hardwood floors and carpet, track lighting, attached 2-car garage and ample storage offer easy living and convenience.

Last Agent to Sell the Property

Christopher Hunt

Village Properties Listed on: 01/29/2014

Last Buyer's Agent

Gail Shannon

Village Properties - 1 License #01010817

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,418

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Stucco

Interior Spaces

  • 1,465 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Living Room with Fireplace
  • Property Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 043-260-005

Community Details

Overview

  • Association fees include insurance, comm area maint, exterior maint
  • 20 Buildings
  • 20 Units
  • Greenbelt
  • Planned Unit Development

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,418

Year Built

Built in 1978

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Association Fee: 285.00
  • Directions: Modoc Road to Vista Madera. Home is first on the right side.
  • Prop. Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: PUD
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Other
  • Reso Association Amenities: Greenbelt
  • Reso Association Fee Includes: Insurance, Comm Area Maint, Exterior Maint
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1978
  • Property Information Total #Units: 20
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s) Gas8: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Laundry In Garage2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • CondoCO-OPPUD End Unit: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, LR

Exterior Features

  • Roof: Other
  • View: Setting
  • Construction Type: Stucco
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Patio Covered, Lawn, Fruit Trees
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 043-260-005
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2014
Closed on
Feb 14, 2014
Sold by
Meloon Mark
Bought by
Hanson Jeffrey L and Hanson Svetlana I
Seller's Agent
Christopher Hunt
Village Properties
Buyer's Agent
Gail Shannon
Village Properties - 1
List Price
$699,000
Sold Price
$740,000
Premium/Discount to List
$41,000
5.87%
Current Estimated Value
$1,220,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,921
Avg. Annual Appreciation
4.47%
Original Mortgage
$485,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2005
Sold by
Clayton Sarah A
Bought by
Meloon Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2000
Sold by
Mark Williams David and Thomas Lauren
Bought by
Clayton Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1997
Sold by
Eric Stoltz
Bought by
Williams David Mark and Williams Lauren Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.3%
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
Hanson Jeffrey L $740,000 Chicago Title Company
Meloon Mark -- Fidelity National Title Co
Clayton Sarah A $399,000 Stewart Title
Williams David Mark $245,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Jeffrey L $428,000
Closed Hanson Jeffrey L $441,300
Closed Hanson Jeffrey L $485,000
Previous Owner Meloon Mark $636,750
Previous Owner Clayton Sarah A $229,000
Previous Owner Clayton Sarah A $214,000
Previous Owner Williams David Mark $26,300
Previous Owner Williams David Mark $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $740,000 +5.9% $505 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $699,000 -- $477 / 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 $9,418 $911,769 $367,754 $544,015
2023 $9,418 $876,367 $353,475 $522,892
2022 $9,085 $859,185 $346,545 $512,640
2021 $8,874 $842,339 $339,750 $502,589
2020 $8,782 $833,703 $336,267 $497,436
2019 $8,628 $817,357 $329,674 $487,683
2018 $8,504 $801,331 $323,210 $478,121
2017 $8,222 $785,620 $316,873 $468,747
2016 $8,031 $766,295 $310,660 $455,635
2015 $7,943 $754,785 $305,994 $448,791
2014 $7,885 $740,000 $400,000 $340,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-268

Santa Barbara Multiple Listing Service

APN: 043-260-005