NOT LISTED FOR SALE

255 Ortega Ridge Rd Santa Barbara, CA 93108

Estimated Value: $3,294,000 - $5,399,000

4 Beds
3 Baths
2,508 Sq Ft
$1,721/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $3,500,000 $1,396 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $25,410/month

6 Days on Market

Highlights

  • Ocean View
  • Fruit Trees
  • Hilly Lot
  • Property is near an ocean
  • Deck
  • Traditional Architecture

About This Home

As of June 2024

Perched high on the coveted Ortega Ridge Road, this charming home, offers a serene escape with captivating ocean and mountain views from its immense deck and from most every room of the house. Conveniently located only minutes from ''downtown'' Montecito and Summerland's shops, restaurants and beaches, this 4 beds/ 3 baths home, spans a comfortable 2508 square feet, nestled on a generous half an acre lot. Step inside to discover the open floor plan filled with natural light and an abundance of windows and opens out to the large deck. This home embodies a perfect blend of comfort and coastal allure. Embrace the laid-back California lifestyle and experience the inviting charm of 255 Ortega Ridge Road - a place where everyday living feels like a tranquil getaway.

Last Agent to Sell the Property

David Wieger

Compass License #01298610 Listed on: 05/01/2024

Compass

Last Buyer's Agent

David Wieger

Compass License #01298610 Listed on: 05/01/2024

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 0.53 Acre Lot
  • Irrigation
  • Hilly Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Attached Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic
  • Golf Course
  • City
  • Mountain

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,508 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Septic System

Additional Features

  • Gray Water System
  • Property is near schools

Community Details

  • 05 Summerland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-070-010

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0.53 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Traditional, Medit
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1986
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.53
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2508.0
  • Construction Two Story2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • Style Medit2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Cooling None8: Yes
  • View Golf Course5: Yes
  • Architectural Style Traditional: Yes
  • GroundsLandscaping Greywater System2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 7

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Coastline, Ocean, City, Harbor, Golf Course, Panoramic
  • Construction Type: Stucco
  • Acres: 0.53
  • Topography: Hilly
  • Exterior Features: Deck, Lawn, Fruit Trees, Yard Irrigation T/O, Yard Irrigation PRT, Greywater System
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 005-070-010
  • Zoning: E-1
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 20, 2024
Sold by
Sharpe Family Trust and Horat Tanya
Bought by
Powers Kathleen
Seller's Agent
David Wieger
Compass
Buyer's Agent
David Wieger
Compass
List Price
$2,995,000
Sold Price
$3,500,000
Premium/Discount to List
$505,000
16.86%
Views
71
Current Estimated Value
$4,315,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,088
Avg. Annual Appreciation
12.41%
Original Mortgage
$2,450,000
Outstanding Balance
$2,411,317
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,903,771
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Powers Kathleen $3,500,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Kathleen $2,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $3,500,000 +16.9% $1,396 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $2,995,000 -- $1,194 / Sq Ft
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 $32,539 $3,570,000 $1,530,000 $2,040,000
2023 $32,539 $581,625 $140,641 $440,984
2022 $6,003 $570,222 $137,884 $432,338
2021 $5,875 $559,042 $135,181 $423,861
2020 $5,816 $553,310 $133,795 $419,515
2019 $5,701 $542,462 $131,172 $411,290
2018 $5,610 $531,826 $128,600 $403,226
2017 $5,512 $521,413 $126,093 $395,320
2016 $5,416 $511,190 $123,621 $387,569
2014 $5,035 $493,651 $119,380 $374,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1365

Santa Barbara Multiple Listing Service

APN: 005-070-010

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