NOT LISTED FOR SALE

Estimated Value: $3,019,353

3 Beds
3 Baths
2,700 Sq Ft
$1,118/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2020

Last sale price $1,880,000 $696 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $18,583 / mo

37 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Deck
  • Spa
  • Cape Cod Architecture
  • Hilly Lot

About This Home

As of October 2020

This updated unobstructed ocean view 2700sf cottage has an open floor plan with 3-4 bedrooms depending on use and 3 full baths. The main level offers an entry, dining, gourmet kitchen, living room, master bedroom suite with extra large walk-in closet, secondary bedroom and laundry room. The lower level accessed through the interior of the home or off Emerson St. has 2 bedrooms or one bedroom plus den, kitchenette, and ocean view deck and access to the usable yard and spa. The home has options for different living situations.
Income producing property currently and BOOK through the end of the year.
***Please contact agent for showing availability***
1031 Exchange buyers welcome. Floor plan and more exterior photos coming soon.

Last Agent to Sell the Property

Crysta Metzger

Coldwell Banker Realty Listed on: 09/26/2020

Last Buyer's Agent

Julie Barnes

Pitts & Bachmann Realtors

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • Hilly Lot
  • Property is in excellent condition

Parking

  • Attached Garage

Property Views

  • Ocean
  • Harbor
  • City

Home Design

  • Cape Cod Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Covered Patio or Porch

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Additional Features

  • Property is near schools
  • Forced Air Heating System

Community Details

  • 05 Summerland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-160-064

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Directions: Main Drag of Summerland (Lillie Ave) Head up OLIVE. Turn right and home is on the RIGHT.
  • Prop. Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Cape Cod
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.2
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • Construction Two Story2: Yes
  • Property Information Apx Lot SqFt: 8712.0
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Ocean, City, Harbor
  • Construction Type: Other
  • Acres: 0.2
  • Topography: Hilly
  • Exterior Features: Deck, Patio Covered, Hot Tub
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

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 #: 005-160-064
  • Zoning: R-1
  • Lot Size Sq Ft: 8712.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Sep 25, 2020
Sold by
Bought by
Seller's Agent
Crysta Metzger
Coldwell Banker Realty
Buyer's Agent
Julie Barnes
Pitts & Bachmann Realtors
List Price
$1,885,000
Sold Price
$1,880,000
Premium/Discount to List
-$5,000
-0.27%
Current Estimated Value
$3,019,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,139,353
Avg. Annual Appreciation
8.48%
Original Mortgage
$1,128,000
Outstanding Balance
$974,414
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$2,044,939

Purchase Details

Listed on
Apr 25, 2018
Closed on
Feb 25, 2019
Sold by
Bought by
Seller's Agent
John Henderson
Village Properties
Buyer's Agent
Crysta Metzger
Sotheby's International Realty
List Price
$1,795,000
Sold Price
$1,525,000
Premium/Discount to List
-$270,000
-15.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%
Original Mortgage
$991,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 6, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 21, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,880,000 Fidelity National Title Co
$1,525,000 Fidelity National Title Co
-- None Available
$930,000 Lawyers Title Company
-- Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,128,000
Previous Owner $991,250
Previous Owner $600,000
Previous Owner $250,000
Previous Owner $500,000
Previous Owner $150,000
Previous Owner $350,000
Previous Owner $183,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2020 10/05/20 Sold $1,880,000 -0.3% $696 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $1,885,000 +23.6% $698 / Sq Ft
04/05/2019 04/05/19 Sold $1,525,000 -15.0% $565 / Sq Ft View Prior Sale
03/13/2019 03/13/19 Pending -- -- --
04/25/2018 04/25/18 For Sale $1,795,000 -- $665 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,457 $2,075,670 $1,104,080 $971,590
2025 $23,406 $2,034,972 $1,082,432 $952,540
2023 $23,406 $1,955,952 $1,040,400 $915,552
2022 $22,695 $1,917,600 $1,020,000 $897,600
2021 $22,187 $1,880,000 $1,000,000 $880,000
2020 $18,701 $1,555,500 $765,000 $790,500
2019 $15,489 $1,257,541 $801,620 $455,921
2018 $14,642 $1,179,541 $779,006 $400,535
2017 $14,354 $1,156,414 $763,732 $392,682
2016 $13,088 $1,133,740 $748,757 $384,983
2014 $12,182 $1,094,837 $723,064 $371,773
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3231

Santa Barbara Multiple Listing Service

APN: 005-160-064

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