NOT LISTED FOR SALE

2375 E Finney St Summerland, CA 93067

Estimated Value: $4,713,000 - $7,960,555

4 Beds
4.5 Baths
3,164 Sq Ft
$2,003/Sq Ft Est. Value

Last Sold May 06, 2014

Last sale price $8,225,000 $2,600 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $41,286/month

222 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Property is near public transit, schools, shops, and bus stop
  • Spa
  • Updated Kitchen
  • 1-minute walk to Overlook Park

About This Home

As of May 2014

Beautiful estate located on Summerland beach surrounded by lush mature gardens, winding sandstone pathways that lead to an upper beach sand lounge with bbq pit and beach access. This 4 bedroom, 4.5 bath estate offers approx. 273 feet of beach frontage, with 3 fireplaces. Offers approx. 3100 sq.ft. of luxurious living space with indoor/outdoor sound system, 2 master suites each with ocean views and en suites bath. Large gourmet kitchen with casual dining area, formal dining room and sunroom with stargazer ceiling and electric overhead blinds.

Last Agent to Sell the Property

Adam McKaig

Sotheby's International Realty Listed on: 09/11/2013

Last Buyer's Agent

Stephen Slavin

Sotheby's International Realty License #00493760

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Partially Fenced Property
  • Irrigation
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Beach

Home Design

  • Cottage
  • Shake Roof

Interior Spaces

  • 3,164 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Multiple Fireplaces
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Spa
  • Property is near an ocean

Schools

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

Additional Features

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

Community Details

  • 05 Summerland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-240-019

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Security System
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1979
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • Laundry:_two_20V Elect2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 2+
  • Appliances Included:Double Oven2: Yes
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Shake
  • View: Beach, Ocean
  • Exterior Features: Hot Tub, Yard Irrigation T/O, Fenced: PRT

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel #: 005-240-019
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
May 1, 2014
Sold by
Carr Lee C
Bought by
Craver Theodore F and Craver Marian L
Seller's Agent
Adam McKaig
Sotheby's International Realty
Buyer's Agent
Stephen Slavin
Sotheby's International Realty
List Price
$8,950,000
Sold Price
$8,225,000
Premium/Discount to List
-$725,000
-8.1%
Current Estimated Value
$6,336,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,888,222
Avg. Annual Appreciation
-2.21%

Purchase Details

Closed on
Oct 20, 2008
Sold by
Carr Julia Wynn
Bought by
Carr Lee C

Purchase Details

Closed on
Oct 17, 2008
Sold by
Dsea Finney Street Llc
Bought by
Carr Lee C

Purchase Details

Closed on
Dec 29, 2006
Sold by
Thomas C Anthony
Bought by
Dsea Finney Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1999
Sold by
Anthony Thomas C
Bought by
Thomas C Anthony

Purchase Details

Closed on
May 16, 1996
Sold by
Thomas Glenn
Bought by
Thomas C Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 1995
Sold by
Young Charles D and Young Joan M
Bought by
Young Charles D and Young Joan M
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
Craver Theodore F -- First American Title Company
Carr Lee C -- First American Title Company
Carr Lee C -- First American Title Company
Dsea Finney Street Llc -- Lawyers Title Company
Thomas C Anthony -- --
Thomas C Anthony -- Chicago Title Co
Thomas C Anthony -- Chicago Title Co
Young Charles D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dsea Finney Street Llc $5,000,000
Previous Owner Thomas C Anthony $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2014 05/06/14 Sold $8,225,000 -8.1% $2,600 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
09/11/2013 09/11/13 For Sale $8,950,000 -- $2,829 / 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 $98,202 $9,434,850 $7,539,056 $1,895,794
2023 $98,202 $9,068,485 $7,246,306 $1,822,179
2022 $94,948 $8,890,672 $7,104,222 $1,786,450
2021 $92,949 $8,716,346 $6,964,924 $1,751,422
2020 $91,999 $8,626,972 $6,893,508 $1,733,464
2019 $90,104 $8,457,817 $6,758,342 $1,699,475
2018 $88,669 $8,291,978 $6,625,826 $1,666,152
2017 $87,923 $8,129,391 $6,495,908 $1,633,483
2016 $87,207 $7,969,992 $6,368,538 $1,601,454
2015 $84,635 $7,850,276 $6,272,877 $1,577,399
2014 $80,388 $7,696,500 $6,150,000 $1,546,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Adam McKaig

    Sotheby's International Realty

  • S

    Buyer's Agent in 2014

    Stephen Slavin

    Sotheby's International Realty

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-2934

Santa Barbara Multiple Listing Service

APN: 005-240-019

California Santa Barbara County Summerland 93067

2375 E Finney St, Summerland, CA

Not Listed for Sale

Detached

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