NOT LISTED FOR SALE

Estimated Value: $1,619,000 - $1,872,000

3 Beds
2 Baths
1,661 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $633,000 $381 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $10,953/month

122 Days on Market

Highlights

  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • 1-Story Property
  • Los Olivos Elementary School Rated A
  • Laundry Room
  • Property is near shops

About This Home

As of March 2018

Rare opportunity to own a home within walking distance to charming downtown Los Olivos and it's award-winning school. Situated at an elevated location that gives you views of the surrounding area and quaint downtown, in a most desirable neighborhood! Move-in condition with unlimited potential to make this YOUR dream home. Great bonus room and breakfast nook. Spacious front and back yard and an ample side yard gives you room for the boat or RV.

Last Listed By

Allan S. Jones

Santa Ynez Valley Real Estate License #00984793 Listed on: 11/13/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,503

Year Built

  • Built in 1967

Lot Details

  • 6,970

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,661 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property is near shops
  • Forced Air Heating System

Community Details

  • Los Olivos Community

Listing and Financial Details

  • Assessor Parcel Number 135-101-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,503

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 1967
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room, In Unit
  • Reso Flooring: Carpet
  • Unit Levels: Single Story
  • Property Information Year Built2: 1967
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Los Olivos
  • Laundry In Unit2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

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

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 135-101-009
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Frisch Family Trust
Bought by
Los Olivos 2481 Llc
Total Days on Market
122
Current Estimated Value
$1,773,319

Purchase Details

Closed on
Jun 29, 2022
Sold by
Drammer Matthew A and Riccitelli Leanna
Bought by
Frisch Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2021
Sold by
Drammer Matthew A and Drammer Leanna Riccitelli
Bought by
Drammer Matthew A and Drammer Leanna Riccitelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2018
Sold by
Payne Lori L and Lori L Payne Living Trust
Bought by
Drammer Matthew A and Riccitelli Leanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,613
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 13, 2017
Closed on
Mar 12, 2018
Sold by
Parks Greg R
Bought by
Payne Lori L and Lori L Payne Living Trust
Seller's Agent
Allan S. Jones
Santa Ynez Valley Real Estate
Buyer's Agent
Allan S. Jones
Santa Ynez Valley Real Estate
List Price
$699,000
Sold Price
$633,000
Premium/Discount to List
-$66,000
-9.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%
Original Mortgage
$506,400
Interest Rate
4.22%
Mortgage Type
New Conventional

Range of Values:

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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
Los Olivos 2481 Llc -- --
Frisch Family Trust $1,600,000 First American Title
Drammer Matthew A -- First American Title Company
Drammer Matthew A $765,000 Chicago Title Co
Payne Lori L $633,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frisch Family Trust $500,000
Previous Owner Drammer Matthew $100,000
Previous Owner Drammer Matthew A $636,500
Previous Owner Drammer Matthew A $663,613
Previous Owner Payne Lori L $506,400
Previous Owner Parks Greg R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $633,000 -9.4% $381 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $699,000 -- $421 / 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
2023 $18,503 $1,600,000 $800,000 $800,000
2022 $9,475 $804,149 $367,911 $436,238
2021 $9,248 $788,383 $360,698 $427,685
2020 $9,116 $780,300 $357,000 $423,300
2019 $8,941 $765,000 $350,000 $415,000
2018 $3,989 $312,195 $202,329 $109,866
2017 $3,439 $306,074 $198,362 $107,712
2016 $3,335 $300,073 $194,473 $105,600
2014 $3,118 $289,777 $187,800 $101,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3744

Santa Barbara Multiple Listing Service

APN: 135-101-009