NOT LISTED FOR SALE

2425 Varley St Summerland, CA 93067

Estimated Value: $1,519,000 - $1,961,000

2 Beds
2 Baths
-- Sq Ft
$500/mo HOA Fee

Last Sold March 15, 2021

Last sale price $1,300,000

Est. 34% increase in value since last sale

Current estimated payment $10,931/month

2 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Hilly Lot
  • Spa
  • Fruit Trees
  • Property is near a park

About This Home

As of March 2021

Welcome to Summerland! This Coastal beach town is a great escape; whether you are looking to ditch the big city life or feel the urge to switch things up, this is an area that offers a slower paced lifestyle. Ocean views, park walks, and wine are all available near this pristine Summerland hangout. Located just minutes to the beach, shops and restaurants, this home is ready for you to take full advantage of this vibrant town. It features two bedrooms and two full bathrooms. Enjoy an expansive great room with a vaulted ceiling that combines the living room with a large fireplace and an open kitchen equipped with high-end appliances. You will love spending the day in the sunroom, watching the ocean, and keeping cozy next to the fireplace at night. This home is move-in ready!

Last Agent to Sell the Property

Alexander Gallop

Coldwell Banker Realty Listed on: 02/18/2021

Last Buyer's Agent

Robert Kemp

Do Not Use

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • Lot Sloped Down
  • Hilly Lot
  • Fruit Trees
  • Property is in excellent condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Video Cameras

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Property is near an ocean
  • Patio

Location

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 005-740-001

Community Details

Overview

  • Association fees include insurance, water, comm area maint, exterior maint
  • 05 Summerland Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Association Fee: 500
  • Directions: From Lillie Ave., turn at Valencia Rd, right on Varley St. Property is on the right
  • Prop. Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Gas Hookup, In Unit
  • ResoLotFeatures: Sloped Down, Near Public Transit
  • ResoSecurityFeatures: Security Camera, Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Water, Comm Area Maint, Exterior Maint
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Cal Cottage
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2005
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.18
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • Security Security Camera2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • Laundry In Unit2: Yes
  • LocationTopo Downslope2: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Cooling Ceiling Fan(s): Yes
  • Fireplace(s) 23: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Other
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean
  • Construction Type: Wood Siding
  • Acres: 0.18
  • Topography: Downslope, Hilly
  • Exterior Features: Patio Open, Hot Tub, Fruit Trees

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Summ Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 005-740-001
  • Zoning: C-1
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 8, 2021
Sold by
Neuman James B
Bought by
Neuman Susan Mcewen
Seller's Agent
Alexander Gallop
Coldwell Banker Realty
Buyer's Agent
Robert Kemp
Do Not Use
List Price
$1,265,000
Sold Price
$1,300,000
Premium/Discount to List
$35,000
2.77%
Current Estimated Value
$1,745,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,679
Avg. Annual Appreciation
6.33%

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 19, 2019
Sold by
Perkins J Perry and Perkins Suzanne N
Bought by
Mair Steven and Mair Anita
Seller's Agent
Suzanne Perkins
Compass
Buyer's Agent
Alexander Gallop
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$880,000
Interest Rate
4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Neuman Susan Mcewen -- Multiple
Neuman Susan Mcewen $1,300,000 Chicago Title
Mair Steven $1,100,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mair Steven $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2021 03/15/21 Sold $1,300,000 +2.8% --
02/20/2021 02/20/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $1,265,000 +15.0% --
07/02/2019 07/02/19 Sold $1,100,000 0.0% $556 / Sq Ft View Prior Sale
05/16/2019 05/16/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $1,100,000 -- $556 / 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 $15,747 $1,407,160 $703,580 $703,580
2023 $15,747 $1,352,520 $676,260 $676,260
2022 $15,257 $1,326,000 $663,000 $663,000
2021 $12,865 $1,111,396 $555,698 $555,698
2020 $12,708 $1,100,000 $550,000 $550,000
2019 $10,700 $906,526 $435,844 $470,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-625

Santa Barbara Multiple Listing Service

APN: 005-740-001