NOT LISTED FOR SALE

2522 Shelby St Summerland, CA 93067

Estimated Value: $1,663,000 - $2,405,000

3 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 05, 2022

Last sale price $1,515,000

Est. 31% increase in value since last sale

Current estimated payment $12,000/month

66 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Cottage
  • Art Studio
  • Property is near a park
  • Breakfast Area or Nook

About This Home

As of October 2022

On the Padaro end of of the village of Summerland, set towards the top of the hill, this ocean-view 3+ bedroom home awaits its next owner. Currently configured for dual living with a two bedroom, one bath main unit, complete with a top floor ''widow's walk''/ office with exterior door to porch/ stairs, plus a one bedroom, one bath unit with its own secluded fenced patio. A small studio cottage, potentially an ADU, is set at the top of the street to street lot and has been used as a guest studio in the past.

Greenery-framed ocean views and a sunny hillside perch make this home and site a great possibility for re-development.

Appointment with agent to show.

Last Agent to Sell the Property

Laura Collector

Sotheby's International Realty Listed on: 05/30/2022

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,486

Year Built

  • Built in 1959

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property
  • Steep Slope
  • Property is in average condition

Parking

  • Uncovered Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Art Studio
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Patio
  • Office or Studio

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

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 005-201-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,486

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Directions: Take Olive uphill from Lillie. Turn Right on Shelby. Parking for home is in front, on diagonal.
  • Prop. Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Steep Slope, Near Public Transit
  • Architectural Style: Cal Cottage
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Studio
  • Reso Property Condition: Fair, Poor
  • Property Information Year Built2: 1959
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Construction Two Story2: Yes
  • Other Buildings Studio: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Art Studio2: Yes
  • Dining Breakfast Area2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • ViewOcean: Yes
  • Condition Fair2: Yes
  • LocationTopo Steep2: Yes
  • ParkingGarage Unc #33: Yes
  • Condition Poor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • View: Ocean, Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 0.14
  • Topography: Steep
  • Exterior Features: Patio Open, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #3

Schools

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

Lot Info

  • Parcel #: 005-201-004
  • Zoning: Other
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Sep 16, 2022
Sold by
Gasser Dorothy Grace
Bought by
Lee Kyle David
Seller's Agent
Laura Collector
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,595,000
Sold Price
$1,515,000
Premium/Discount to List
-$80,000
-5.02%
Current Estimated Value
$1,978,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,848
Avg. Annual Appreciation
9.81%
Original Mortgage
$1,212,000
Outstanding Balance
$1,156,621
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$839,839

Purchase Details

Closed on
Sep 9, 1993
Sold by
Moyer J Carlin
Bought by
Moyer J Carlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Lee Kyle David $1,515,000 Fidelity National Title
Moyer J Carlin -- Santa Barbara Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kyle David $200,000
Open Lee Kyle David $1,212,000
Previous Owner Moyer J Carlin $124,000
Previous Owner Moyer J Carlin $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $1,515,000 -5.0% --
08/04/2022 08/04/22 Pending -- -- --
05/30/2022 05/30/22 For Sale $1,595,000 -- --
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
2025 $17,486 $1,576,206 $936,360 $639,846
2023 $17,486 $1,515,000 $900,000 $615,000
2022 $8,636 $696,232 $539,583 $156,649
2021 $8,438 $682,581 $529,003 $153,578
2020 $8,326 $675,583 $523,579 $152,004
2019 $8,133 $662,337 $513,313 $149,024
2018 $7,984 $649,351 $503,249 $146,102
2017 $7,829 $636,620 $493,382 $143,238
2016 $7,682 $624,138 $483,708 $140,430
2014 $3,159 $211,168 $105,584 $105,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1718

Santa Barbara Multiple Listing Service

APN: 005-201-004