NOT LISTED FOR SALE

2420 Golden Gate Summerland, CA 93067

Estimated Value: $2,673,000 - $3,335,000

3 Beds
3 Baths
2,349 Sq Ft
$1,310/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $1,662,500 $708 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $18,998/month

294 Days on Market

Highlights

  • Ocean View
  • Cape Cod Architecture
  • Deck
  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Property is near public transit

About This Home

As of July 2017

This quintessential Summerland beach cottage with ocean and island views was built in 2002 and features vaulted ceiling and fireplace in the living room, three bedrooms, each with their own deck and bathroom, open floor plan with high ceilings, hardwood floors, large ocean view master suite with vaulted ceilings, wood burning fireplace and private patio, laundry room and two car garage.

Last Agent to Sell the Property

John Henderson

Village Properties License #00780607 Listed on: 08/26/2016

Last Buyer's Agent

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,739

Year Built

  • Built in 2002

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Cape Cod Architecture
  • Tri-Level Property
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,349 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Ocean Views
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near public transit
  • Property is near schools
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 005-152-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,739

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: On Lillie Ave turn North on Olive and left on Golden Gate.
  • Prop. Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Near Public Transit
  • Architectural Style: Cape Cod
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2002
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 8276.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Foundation Raised: Yes
  • Construction Tri-Level2: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, LR

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Acres: 0.19
  • Exterior Features: Deck
  • Foundation Details: Raised

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel #: 005-152-013
  • Zoning: R-1
  • Lot Size Sq Ft: 8276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Jul 5, 2017
Sold by
The Massey Trust
Bought by
Howard Greg T and Howard Jennifer Herbert
Seller's Agent
John Henderson
Village Properties
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$1,895,000
Sold Price
$1,662,500
Premium/Discount to List
-$232,500
-12.27%
Total Days on Market
294
Current Estimated Value
$3,076,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,414,075
Avg. Annual Appreciation
8.13%
Original Mortgage
$1,080,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 2007
Sold by
Massey Pamela A
Bought by
The Massey Trust

Purchase Details

Closed on
Mar 21, 2005
Sold by
Simpson Michael W
Bought by
Massey Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2003
Sold by
Golden Gate Development Llc
Bought by
Simpson Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,500
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 26, 2002
Sold by
Berezner Sharon and Jones Thomas S
Bought by
Golden Gate Development Llc

Purchase Details

Closed on
Sep 17, 1997
Sold by
Thomas Evans David
Bought by
Brode Howard A and Brode Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.45%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Howard Greg T $1,662,500 Fidelity National Title Co
The Massey Trust -- None Available
Massey Pamela A -- First American Title Company
Simpson Michael W -- Chicago Title Co
Golden Gate Development Llc -- --
Brode Howard A -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Greg T $1,086,000
Closed Howard Greg T $1,080,500
Previous Owner Massey Pamela A $700,000
Previous Owner Simpson Michael W $230,500
Previous Owner Simpson Michael W $800,000
Previous Owner Berezner Mike $603,551
Previous Owner Brode Howard A $162,000
Previous Owner Brode Howard A $85,000
Closed Massey Pamela A $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $1,662,500 -12.3% $708 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
08/26/2016 08/26/16 For Sale $1,895,000 0.0% $807 / Sq Ft
06/15/2014 06/15/14 Rented $5,000 0.0% --
05/16/2014 05/16/14 Under Contract -- -- --
05/12/2014 05/12/14 For Rent $5,000 -- --
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
2023 $20,739 $1,818,184 $929,598 $888,586
2022 $20,092 $1,782,534 $911,371 $871,163
2021 $19,655 $1,747,583 $893,501 $854,082
2020 $19,432 $1,729,665 $884,340 $845,325
2019 $18,999 $1,695,750 $867,000 $828,750
2018 $18,680 $1,662,500 $850,000 $812,500
2017 $19,770 $1,772,000 $990,000 $782,000
2016 $18,893 $1,688,000 $943,000 $745,000
2015 $18,082 $1,608,000 $898,000 $710,000
2014 -- $1,461,000 $816,000 $645,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-2863

Santa Barbara Multiple Listing Service

APN: 005-152-013