NOT LISTED FOR SALE

2535 Varley St Summerland, CA 93067

Estimated Value: $2,257,000 - $2,800,000

2 Beds
2 Baths
1,955 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $1,295,000 $662 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $14,590/month

About This Home

This home is located at 2535 Varley St, Summerland, CA 93067 and is currently estimated at $2,522,035, approximately $1,290 per square foot. 2535 Varley St is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2019
Sold by
Vargas Rafael G and Vasquez Juanita S
Bought by
Nicol Fred W and Nicol Ingrid
Current Estimated Value
$2,522,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Outstanding Balance
$854,900
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,667,135

Purchase Details

Listed on
Mar 4, 2015
Closed on
Dec 15, 2015
Sold by
Richardson Verlinda L
Bought by
Vargas Rafael G and Vasquez Juanita S
Seller's Agent
Steven Richardson
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,675,000
Sold Price
$1,295,000
Premium/Discount to List
-$380,000
-22.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$1,036,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2015
Closed on
Nov 20, 2015
Sold by
Richardson Steven H and Richardson Verlinda L
Bought by
Richardson Verlinda L
Seller's Agent
Steven Richardson
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,675,000
Sold Price
$1,295,000
Premium/Discount to List
-$380,000
-22.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,036,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Richardson Verlinda
Bought by
Richardson Steven H and Richardson Verlinda L

Purchase Details

Closed on
May 7, 2004
Sold by
Richardson Steven
Bought by
Richardson Verlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Richardson Verlinda
Bought by
Richardson Steven and Richardson Verlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Richardson Steven
Bought by
Richardson Verlinda

Purchase Details

Closed on
Oct 20, 1999
Sold by
Shults Paul B and Shults Mabel I
Bought by
Richardson Steven and Richardson Verlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.95%

Purchase Details

Closed on
Nov 13, 1995
Sold by
Fogliadini Karin
Bought by
Shults Paul B and Shults Mabel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
10.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Nicol Fred W $1,220,000 First American Title Co
Vargas Rafael G $1,295,000 Fidelity National Title Co
Richardson Verlinda L -- None Available
Richardson Steven H -- --
Richardson Verlinda -- Equity Title Company Santa B
Richardson Steven -- Equity Title Company Santa B
Richardson Verlinda -- --
Richardson Steven -- Chicago Title Co
Shults Paul B $310,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicol Fred W $976,000
Previous Owner Vargas Rafael G $1,036,000
Previous Owner Richardson Steven $519,000
Previous Owner Richardson Steven $360,000
Previous Owner Shults Paul B $201,500
Closed Richardson Steven $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2017 08/19/17 Under Contract -- -- --
07/30/2017 07/30/17 For Rent $3,650 -2.7% --
07/30/2017 07/30/17 Rented $3,750 0.0% --
12/21/2015 12/21/15 Sold $1,295,000 -22.7% -- View Prior Sale
11/06/2015 11/06/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $1,675,000 -- --

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 $17,910 $1,503,759 $847,573 $656,186
2023 $17,910 $1,445,367 $814,661 $630,706
2022 $17,402 $1,417,028 $798,688 $618,340
2021 $17,003 $1,389,244 $783,028 $606,216
2020 $16,779 $1,375,000 $775,000 $600,000
2019 $16,717 $1,374,263 $742,845 $631,418
2018 $16,413 $1,347,318 $728,280 $619,038
2017 $16,094 $1,320,900 $714,000 $606,900
2016 $15,793 $1,295,000 $700,000 $595,000
2015 $5,699 $445,263 $276,445 $168,818
2014 $5,389 $436,542 $271,030 $165,512
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Paul Knight

    Richardson Real Estate Services, Inc.

  • S

    Seller's Agent in 2015

    Steven Richardson

    Coldwell Banker Realty

  • N

    Buyer's Agent in 2015

    Non Member Agent

    Non Member Office

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Map

California Santa Barbara County Summerland 93067

2535 Varley St, Summerland, CA

Not Listed for Sale

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