NOT LISTED FOR SALE

2550 Grand Ave Los Olivos, CA 93441

Estimated Value: $2,266,000 - $2,881,000

3 Beds
3 Baths
2,412 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $2,695,000 $1,117 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $15,091/month

14 Days on Market

Highlights

  • Outdoor Pool
  • Fruit Trees
  • Victorian Architecture
  • Los Olivos Elementary School Rated A
  • Wood Flooring
  • Lawn

About This Home

As of May 2024

Los Olivos Modern Victorian Farmhouse:
Nestled on nearly an acre of land, this exquisite residence offers a harmonious blend of countryside tranquility and modern luxury. Conveniently located within walking distance to the quaint town of Los Olivos and all of its restaurant and winery offerings, this fully fenced property boasts a serene ambiance with mature trees, fruit orchard, and grape vines.
The modern Victorian Farmhouse has recently been renovated from top to bottom with meticulous attention to detail, the home showcases a new roof, new siding, new windows, fresh paint, and gorgeous wood floors throughout, exuding timeless elegance at every turn.

Last Agent to Sell the Property

Micah Brady

Sotheby's International Realty License #01219166 Listed on: 03/18/2024

Co-Listed By

Nina Stormo

Berkshire Hathaway HomeServices California Properties License #01341678

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nina Stormo

Village Properties - 1

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,320

Year Built

  • Built in 1989

Lot Details

  • 0.82 Acre Lot
  • Dog Run
  • Fenced
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in good condition

Parking

  • Detached Garage

Home Design

  • Victorian Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,412 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Outdoor Pool

Location

  • Property is near schools
  • Property is near shops

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 135-240-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,320

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: On Grand Ave south of the Flag Pole
  • Prop. Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Level
  • Co List Office Mls Id: prurh2
  • Co List Office Phone: 805-688-1794
  • Architectural Style: Victorian
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Good
  • Property Information Year Built2: 1989
  • Property Information Apx # Acres: 0.82
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s) Family Room3: Yes
  • Condition Good2: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Dog Run2: Yes
  • ParkingGarage Detached: Yes
  • Pets Yes: Yes
  • Style Victorian2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Built-In Gas Oven, Dishwasher, Disposal
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding
  • Acres: 0.82
  • Topography: Level
  • Exterior Features: Pool, Dog Run, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 135-240-053
  • Zoning: R-1
  • Lot Size Sq Ft: 35719.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Apr 8, 2024
Sold by
Hawkins Family Trust and Hawkins William P
Bought by
Penhallegon Patton Conover and Penhallegon Emily Hormuth
Seller's Agent
Micah Brady
Sotheby's International Realty
Buyer's Agent
Nina Stormo
Village Properties - 1
List Price
$2,695,000
Sold Price
$2,695,000
Views
47
Current Estimated Value
$2,538,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,443
Avg. Annual Appreciation
-6.24%

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 3, 2020
Sold by
Economon Andrew and Economon Stamatina
Bought by
Hawkins William P and Hawkins Joanna M
Seller's Agent
Laura Drammer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,185,000
Sold Price
$1,185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.09%
Original Mortgage
$888,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2016
Closed on
Dec 16, 2016
Sold by
Pappas Steven A
Bought by
Economon Andrew and Economon Stamatina
Seller's Agent
Kris Johnston
Engel & Volkers Santa Ynez
Buyer's Agent
Kris Johnston
Engel & Volkers Santa Ynez
List Price
$1,195,000
Sold Price
$1,045,000
Premium/Discount to List
-$150,000
-12.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$836,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Pappas Steve A
Bought by
Pappas Steve A and Pappas Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2006
Sold by
Pappas Steven A and Pappas Lori A
Bought by
Pappas Steve A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 18, 2004
Sold by
Pappas Steve and Pappas Lori A
Bought by
Pappas Steven A and Pappas Lori A

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
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 29, 2003
Sold by
Pappas Steve
Bought by
Pappas Steve and Pappas Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2001
Sold by
Pappas Steven A
Bought by
Pappas Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,500
Interest Rate
6.63%
Mortgage Type
Stand Alone First
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
Penhallegon Patton Conover $2,695,000 First American Title
Hawkins William P $1,185,000 Chicago Title Company
Economon Andrew $1,045,000 Chicago Title Company
Pappas Steve A -- First American Title Company
Pappas Steve A -- First American Title Company
Pappas Steven A -- Stewart Title Riverside
Pappas Steve -- Fidelity National Title Co
Pappas Steve A -- Fidelity National Title Co
Pappas Lori A -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawkins William P $885,000
Previous Owner Hawkins William P $888,750
Previous Owner Economon Andrew $827,400
Previous Owner Economon Andrew $836,000
Previous Owner Pappas Steve A $798,000
Previous Owner Pappas Steven A $150,000
Previous Owner Pappas Steve A $55,000
Previous Owner Pappas Lori A $584,000
Previous Owner Pappas Lori A $672,500
Previous Owner Pappas Steven A $448,000
Previous Owner Pappas Steven A $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $2,695,000 0.0% $1,117 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $2,695,000 +127.4% $1,117 / Sq Ft
09/08/2020 09/08/20 Sold $1,185,000 0.0% $491 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $1,185,000 +13.4% $491 / Sq Ft
12/23/2016 12/23/16 Sold $1,045,000 -12.6% $433 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $1,195,000 -- $495 / 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 $14,320 $2,748,900 $1,020,000 $1,728,900
2023 $14,320 $1,232,874 $572,220 $660,654
2022 $13,853 $1,208,700 $561,000 $647,700
2021 $13,555 $1,185,000 $550,000 $635,000
2020 $12,673 $1,108,962 $530,604 $578,358
2019 $12,425 $1,087,218 $520,200 $567,018
2018 $12,213 $1,065,900 $510,000 $555,900
2017 $11,545 $1,045,000 $500,000 $545,000
2016 $6,909 $626,441 $319,965 $306,476
2014 $6,506 $604,946 $308,986 $295,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-825

Santa Barbara Multiple Listing Service

APN: 135-240-053