NOT LISTED FOR SALE

2527 Golden Gate Ave Summerland, CA 93067

Estimated Value: $1,997,000 - $2,328,000

3 Beds
2 Baths
1,380 Sq Ft
$1,529/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $950,000 $688 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $12,088/month

99 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Property is near a park
  • Art Studio
  • Deck
  • Cottage

About This Home

As of December 2016

Sunny Summerland Seaside Cottage. 3BD/2BA with Expansive Ocean Views! Updated, and landscaped. Includes an accessory shed with ocean views. Entertaining front deck and rear patio. Nestled in the heart of Summerland. Lot extends from Shelby St up to Golden Gate Ave and can be accessed from either street.

Last Agent to Sell the Property

Jon-Ryan Schlobohm

Compass License #01876237 Listed on: 08/27/2016

Compass

Co-Listed By

Kirk Hodson

Compass License #01908650

Last Buyer's Agent

Eric Stockmann

Coldwell Banker Realty License #01963971

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,549

Year Built

  • Built in 1958

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • Open Parking

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Art Studio
  • Ocean Views
  • Fire and Smoke Detector
  • Stove

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck
  • 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 System

Community Details

  • Town Summerland Community
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 005-201-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,549

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Directions: Lillie to Olive north - right on Shelby or Golden Gate
  • Prop. Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Architectural Style: Cal Cottage
  • Reso Flooring: Carpet, Vinyl
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1958
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Security Smoke Detector(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Town Summerland
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Unc #12: Yes
  • Laundry Common Area2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dryer, Gas Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Construction Type: Stucco
  • Acres: 0.14
  • Exterior Features: Deck, Patio Open, Fenced: PRT, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #1

Utilities

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

Schools

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

Lot Info

  • Parcel #: 005-201-005
  • Zoning: R-2
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2016
Closed on
Dec 12, 2016
Sold by
Bacon Mark Addison and Bacon Laura Elaine
Bought by
Mckee Mark J and Shelburne Cathy
Seller's Agent
Jon-Ryan Schlobohm
Compass
Buyer's Agent
Eric Stockmann
Coldwell Banker Realty
List Price
$1,225,000
Sold Price
$950,000
Premium/Discount to List
-$275,000
-22.45%
Current Estimated Value
$2,109,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,159,676
Avg. Annual Appreciation
9.43%
Original Mortgage
$94,050
Outstanding Balance
$76,061
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,033,615

Purchase Details

Closed on
Feb 24, 2016
Sold by
Farrar Graham S and Farrar Sara
Bought by
The Bacon Family Trust

Purchase Details

Closed on
Oct 3, 2006
Sold by
Stansberry Thomas F and Stansberry Rebecca Silva
Bought by
Farrar Graham S and Farrar Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Mckee Mark J $950,000 Chicago Title Company
The Bacon Family Trust $961,500 Chicago Title Company
Farrar Graham S $1,100,000 United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckee Mark J $94,050
Open Mckee Mark J $760,000
Previous Owner Farrar Graham S $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $950,000 -22.4% $688 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $1,225,000 -- $888 / 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 $12,549 $1,102,551 $754,378 $348,173
2023 $12,549 $1,059,740 $725,086 $334,654
2022 $12,166 $1,038,962 $710,869 $328,093
2021 $11,893 $1,018,591 $696,931 $321,660
2020 $11,746 $1,008,147 $689,785 $318,362
2019 $11,487 $988,380 $676,260 $312,120
2018 $11,285 $969,000 $663,000 $306,000
2017 $11,071 $950,000 $650,000 $300,000
2016 $11,245 $960,000 $700,000 $260,000
2015 $10,190 $860,000 $688,000 $172,000
2014 $8,977 $781,000 $625,000 $156,000
Source: Public Records

Agents Affiliated with this Home

  • Jon-Ryan Schlobohm

    Seller's Agent in 2016

    Jon-Ryan Schlobohm

    Compass

    (805) 450-3307

    68 Total Sales

    Jon-Ryan Schlobohm
    Section Image
  • Kirk Hodson

    Seller Co-Listing Agent in 2016

    Kirk Hodson

    Compass

    (805) 886-6527

    39 Total Sales

    Kirk Hodson
    Section Image

  • E

    Buyer's Agent in 2016

    Eric Stockmann

    Coldwell Banker Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-2543

Santa Barbara Multiple Listing Service

APN: 005-201-005

California Santa Barbara County Summerland 93067

2527 Golden Gate Ave, Summerland, CA

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