NOT LISTED FOR SALE

Estimated Value: $2,996,000 - $3,978,000

3 Beds
2.5 Baths
1,769 Sq Ft
$1,861/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $3,475,000 $1,964 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $20,089/month

1 Day on Market

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Remodeled Bathroom
  • San Marcos Senior High School Rated A
  • Property is near a park
  • 2-minute walk to Douglas Family Preserve

About This Home

As of July 2023

Welcome to your coastal paradise - a beautifully updated 1930s cottage with 3 bedrooms, 3 bathrooms, and a large lot. With its high ceilings, custom bathrooms, and remodeled kitchen, this home is a perfect blend of charming coastal allure and modern convenience, providing you with the ultimate living experience. Step inside and be captivated by the recent remodel with thoughtful updates and impeccable attention to detail. Nestled on a private lot, this property boasts ample space for your outdoor desires. The large lot not only provides room for gardening enthusiasts to cultivate their dreams but also offers great potential for creating your own outdoor oasis. The quaint street is also conveniently located minutes away from the Douglas Preserve and Mesa Lane Beach Steps.

Last Agent to Sell the Property

Terence Alemann

Alemann and Associates License #01925020 Listed on: 07/17/2023

Last Buyer's Agent

Pamela Regan

Compass License #00863811

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,859

Year Built

  • Built in 1939

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • 1,769 Sq Ft Home
  • Wood Shingle Exterior

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Outdoor Features

  • Property is near an ocean

Location

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

Schools

  • Monroe Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Community Details

  • 20 Mesa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041-311-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,859

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1939
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 20 - Mesa
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1939
  • Property Information Apx # Acres: 0.23
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Proximity Near Bus: Yes
  • Exterior Wood Shingles: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Wood Shingles
  • Acres: 0.23

Schools

  • Elementary School: Monroe
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 041-311-028
  • Zoning: Other
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Feb 28, 2023
Sold by
Seiter Family Trust
Bought by
Jta Raa Llc
Seller's Agent
Non Member Agent
Non Member Office
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$2,675,000
Sold Price
$2,400,000
Premium/Discount to List
-$275,000
-10.28%
Current Estimated Value
$3,291,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$891,371
Avg. Annual Appreciation
14.06%
Original Mortgage
$1,920,000
Outstanding Balance
$1,861,884
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,429,487

Purchase Details

Closed on
Jun 6, 2007
Sold by
Kist Kelly Lee and Kist Rhonda Jean
Bought by
Seiter James R

Purchase Details

Closed on
Apr 25, 2007
Sold by
Smith Douglas Henry
Bought by
Smith Douglas Henry

Purchase Details

Closed on
Jan 10, 2003
Sold by
Kist Kelly Lee
Bought by
Kist Kelley Lee and Kist Rhonda Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.62%

Purchase Details

Closed on
Dec 9, 2002
Sold by
Wagner Scott T and Wagner Ellen J
Bought by
Kist Kelly Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.62%
Source: Public Records

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
Jta Raa Llc $2,400,000 Fidelity National Title
Seiter James R $1,200,000 Landamerica Lawyers Title Co
Smith Douglas Henry -- None Available
Kist Kelley Lee -- --
Kist Kelly Lee $775,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ram Living Trust $1,000,000
Open Jta Raa Llc $1,920,000
Previous Owner Kist Kelly Lee $747,500
Previous Owner Kist Kelly Lee $100,000
Previous Owner Kist Kelly Lee $620,000
Previous Owner Kist Kelly Lee $620,000
Previous Owner Wagner Scott T $200,000
Previous Owner Wagner Ellen J $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $3,475,000 +10.4% $1,964 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $3,149,000 +31.2% $1,780 / Sq Ft
04/05/2023 04/05/23 Sold $2,400,000 -10.3% $1,604 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $2,675,000 +11.5% $1,788 / Sq Ft
03/09/2023 03/09/23 Sold $2,400,000 -10.3% $1,604 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $2,675,000 -- $1,788 / 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 $25,859 $2,498,602 $1,442,806 $1,055,796
2023 $25,859 $1,545,306 $1,146,105 $399,201
2022 $16,044 $1,515,007 $1,123,633 $391,374
2021 $13,419 $1,272,000 $942,000 $330,000
2020 $11,662 $1,106,000 $819,000 $287,000
2019 $11,687 $1,106,000 $819,000 $287,000
2018 $11,517 $1,084,000 $803,000 $281,000
2017 $10,812 $1,032,000 $765,000 $267,000
2016 $10,287 $983,000 $729,000 $254,000
2014 $8,975 $851,000 $631,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2100

Santa Barbara Multiple Listing Service

APN: 041-311-028