NOT LISTED FOR SALE

2535 Varley St Summerland, CA 93067

Estimated Value: $2,275,000 - $2,839,000

2 Beds
2 Baths
-- Sq Ft
10,890 Sq Ft Lot

Sale Details

Date Sold: December 21, 2015

Last sale price $1,295,000

Est. 96% increase in value since last sale

Current estimated payment $15,012 / mo

Highlights

  • Ocean View
  • Updated Kitchen
  • Property is near park, schools, shops, and bus stop
  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Marble Flooring

About This Home

As of August 2017

One-year lease term - Owner would consider 6 month or less at 4000/month.
This home is fully furnished and the owner is willing to unfurnish it. The main level has the master suite with gas fireplace, living room with vaulted ceilings, remodeled kitchen and covered patio to enjoy the beautiful ocean views.

There are private entrances to either the main living level or the downstairs bedroom and bathroom. There is an alternate entrance to a guest quarters beneath the home that is currently rented out and is why utilities are included. There are two uncovered parking spaces and an open garage. Half of the garage can be used and there is a shared washer/dryer.

This home is next to the 101 and traffic is audible.

Last Agent to Rent the Property

Paul Knight

Richardson Real Estate Services, Inc. Listed on: 07/31/2017

Last Renter's Agent

Paul Knight

Mission City Property Management License #01952918

Home Details

Home Type

  • Single Family

Year Built

  • 1949

Lot Details

  • Cul-De-Sac
  • Lawn
  • Property is in excellent condition

Parking

  • Open Parking

Home Design

  • Spanish Architecture

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Family Room
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Updated Kitchen
  • Stove
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Property is near an ocean
  • Property is near park, schools, shops, and bus stop
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1949

Lot Details

0.25 Acres

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Fully Furnished, Unfurnished
  • ResoLaundryFeatures: In Garage
  • Architectural Style: Spanish
  • Reso Flooring: Marble, Wood/Laminate
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information Total Bathrooms2: 2.0
  • Appliances Included Gas Range: Yes
  • Furnishings Fully Furnished: Yes
  • Architectural Style Spanish: Yes
  • View Ocean2: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near School(s): Yes
  • Proximity Near Shopping: Yes
  • Construction Two Story: Yes
  • HeatingCooling GFA2: Yes
  • LocationTopo Cul-De-Sac: Yes
  • Proximity Near Park(s): Yes
  • Rooms Ground Floor Bedroom: Yes
  • Amenities Cathedral Ceilings: Yes
  • Amenities Remodeled Bath: Yes
  • Amenities Remodeled Kitchen: Yes
  • Appliances Included Gas Stove: Yes
  • Proximity Near Bus2: Yes
  • Pets No: Yes
  • Rooms:Family Room: Yes
  • Dining In Kitchen: Yes
  • GroundsLandscaping Lawn: Yes
  • FlrWdw Coverings Marble: Yes
  • Fireplace(s) Master Bedroom: Yes
  • FlrWdw Coverings WoodLaminate: Yes
  • ParkingGarage Unc #23: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1949

Interior Features

  • Appliances: Gas Range, Dishwasher, Disposal, Dryer, Gas Stove, Washer
  • Total Bedrooms: 2
  • Fireplace Features: Master Bedroom
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • View: Ocean
  • Exterior Features: Lawn

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2
  • Laundry:In Garage: Yes

Utilities

  • Heating: GFA
  • HeatingYN: Yes

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
$2,532,465

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
$1,677,565

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
6.71%
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
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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
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 -- --
Source: Santa Barbara Multiple Listing Service

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

    Landlord'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

Source: Santa Barbara Multiple Listing Service

MLS Number: RN-13747

Santa Barbara Multiple Listing Service

APN: 005-204-026

California Santa Barbara County Summerland 93067

2535 Varley St, Summerland, CA

Not Listed for Sale

Detached

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