NOT LISTED FOR SALE

2330 Varley Summerland, CA 93067

Estimated Value: $2,258,000 - $3,649,000

3 Beds
2.5 Baths
4 Sq Ft
$712,098/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $1,600,000 $400,000 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $17,214/month

10 Days on Market

Highlights

  • Ocean View
  • Fruit Trees
  • Wood Flooring
  • Craftsman Architecture
  • Deck
  • Lawn

About This Home

As of August 2020

Idyllically situated in charming Summerland on a substantial lot, a golden opportunity awaits at this distinctive compound. Showcasing sparkling ocean and island views and offering a flexible footprint and the option for a multitude of configurations, this versatile property is a rare commodity. The grounds are composed of an expansive single-family residence, detached recreational room over a two-car garage, and enveloped by stunning landscaping inclusive of vibrant gardens of exotic flora and thriving fruit trees. In addition, multiple venues for outdoor entertaining and dining welcome the Mediterranean climate and embrace Summerland's coveted indoor-outdoor lifestyle. Located convenient to Carpinteria, Montecito and Santa Barbara, the esteemed SB Polo Fields, and world-class beaches.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 07/06/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Cristal Clarke

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,329

Lot Details

  • 0.28 Acre Lot
  • Fruit Trees
  • Lawn

Parking

  • Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Shingle Exterior

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 005-181-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,329

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Craftsman
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Information Apx # Acres: 0.28
  • NeighborhoodSchools Elementary School: Summerland
  • 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
  • Roof:Composition: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • View Other27: Yes
  • Style Craftsman2: Yes
  • Exterior Wood Shingles: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Other, Mountain(s), Ocean
  • Construction Type: Wood Shingles
  • Acres: 0.28
  • Exterior Features: Other, Deck, Patio Open, Lawn, Fruit Trees
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 005-181-004
  • Zoning: Other
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Schiff Ruby and Schiff Melanie
Bought by
Sterling And Melanie Ruby Trust
Current Estimated Value
$2,848,392

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 12, 2020
Sold by
Scherman Gregory J
Bought by
Ruby Sterling
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Cristal Clarke
Pitts & Bachmann Realtors
List Price
$1,550,000
Sold Price
$1,600,000
Premium/Discount to List
$50,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$250,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 12, 2004
Sold by
Scherman Gregory J
Bought by
Scherman Gregory J

Purchase Details

Closed on
Jun 3, 2001
Sold by
Kleinman Mary Linda
Bought by
Scherman Gregory J

Purchase Details

Closed on
May 11, 2001
Sold by
Scherman Lori Susan
Bought by
Scherman Gregory John

Purchase Details

Closed on
May 7, 2001
Sold by
Scherman Ronald A
Bought by
Scherman Gregory J

Purchase Details

Closed on
May 5, 2001
Sold by
Scherman Ronald A and Scherman Gregory J
Bought by
Scherman Gregory J

Purchase Details

Closed on
Dec 27, 2000
Sold by
Scherman Albert J and Scherman Mary E
Bought by
Scherman Ronald A and Scherman Gregory John

Purchase Details

Closed on
Dec 31, 1998
Sold by
Scherman Albert J and Scherman Mary E
Bought by
Scherman Ronald A and Scherman Gregory John

Purchase Details

Closed on
Feb 5, 1998
Sold by
Sheffield Barbara S
Bought by
Scherman Albert J and Scherman Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1998
Sold by
Brancato Richard Wayne
Bought by
Sheffield Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1995
Sold by
Burney Gordon C
Bought by
Sheffiled Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
7.47%
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
Sterling And Melanie Ruby Trust -- --
Ruby Sterling -- --
Ruby Sterling $1,600,000 Chicago Title Company
Scherman Gregory J -- --
Scherman Gregory J -- Equity Title Company
Scherman Gregory John -- Equity Title Company
Scherman Gregory J -- Equity Title Company
Scherman Gregory J -- Equity Title Company
Scherman Ronald A -- --
Scherman Albert J -- --
Scherman Ronald A -- --
Scherman Albert J -- --
Scherman Albert J -- Chicago Title Co
Sheffield Barbara S -- Chicago Title Co
Sheffiled Barbara S -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruby Sterling $250,000
Previous Owner Ruby Sterling $625,500
Previous Owner Scherman Gregory J $250,000
Previous Owner Scherman Gregory J $565,000
Previous Owner Scherman Gregory J $495,000
Previous Owner Scherman Gregory J $412,500
Previous Owner Scherman Albert J $335,000
Previous Owner Sheffiled Barbara S $254,000
Closed Sheffiled Barbara S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $1,600,000 +3.2% $400,000 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $1,550,000 -- $387,500 / 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 $20,329 $1,731,890 $1,190,674 $541,216
2023 $20,329 $1,664,640 $1,144,440 $520,200
2022 $19,744 $1,632,000 $1,122,000 $510,000
2021 $20,475 $1,600,000 $1,100,000 $500,000
2020 $12,906 $898,156 $495,540 $402,616
2019 $12,550 $880,546 $485,824 $394,722
2018 $12,289 $863,282 $476,299 $386,983
2017 $12,023 $846,356 $466,960 $379,396
2016 $11,777 $829,761 $457,804 $371,957
2015 $11,591 $817,298 $450,928 $366,370
2014 -- $801,289 $442,095 $359,194
Source: Public Records

Agents Affiliated with this Home

  • Cristal Clarke

    Seller's Agent in 2020

    Cristal Clarke

    Berkshire Hathaway HomeServices California Properties

    (805) 886-9378

    14 in this area

    222 Total Sales

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2519

Santa Barbara Multiple Listing Service

APN: 005-181-004

California Santa Barbara County Summerland 93067

2330 Varley, Summerland, CA

This home is located at 2330 Varley, Summerland, CA 93067 since 06 July 2020 and is currently estimated at $2,848,392, approximately $712,098 per square foot. 2330 Varley is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

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