NOT LISTED FOR SALE

2550 Sycamore Canyon Rd Santa Barbara, CA 93108

Eucalyptus Hill Neighborhood

Estimated Value: $4,501,000 - $5,090,791

4 Beds
3 Baths
3,034 Sq Ft
$1,580/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $2,188,888 $721 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $28,086/month

9 Days on Market

Highlights

  • Art Studio
  • Property is near an ocean
  • 1.23 Acre Lot
  • Cold Spring Elementary School Rated A
  • Solar Power System
  • Mountain View

About This Home

As of May 2017

The lush setting of this magical 1.23 acre property will ignite your senses.
This loving single-level home, is offered by the estate of the original builder/owners for the first time in almost 60 years. The house was meticulously set on the property in order to capture the majestic Montecito Peak through the living room window and enjoy the serene beauty of the Koi pond. Wonderful open area for horses to graze. The authentic fireplaces, patios and flooring were all hand fabricated by owner Ferdy Lionello, an Italian stone mason, and his family. Their story is part of Santa Barbara history. Now it is the opportunity to be the next stewards of this lovely property to revitalize, restore, renew.
Award winning Cold Spring School district.

Last Agent to Sell the Property

Patrice Serrani

Compass License #01764713 Listed on: 03/28/2017

Compass

Last Buyer's Agent

Maureen McDermut

Sotheby's International Realty License #01175027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,933

Year Built

  • Built in 1958

Lot Details

  • 1.23 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Hilly Lot
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in good condition

Parking

  • Garage

Home Design

  • Ranch Style House
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,034 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Family Room
  • Dining Area
  • Art Studio
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Property is near an ocean
  • Patio
  • Shed

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 013-192-057

Community Details

Overview

  • No Home Owners Association
  • Arcady Estates Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,933

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level, Near Public Transit
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Stone, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1958
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.23
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 53579.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Arcady Estates
  • Roof:Tile2: Yes
  • Other Buildings Shed: Yes
  • Appliances Included Electric Range2: Yes
  • ParkingGarage Gar #12: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included OvenBltin: Yes
  • Laundry Common Area2: Yes
  • Appliances Included Elect Stove2: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Fireplace(s) 24: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Oven/Bltin, Dishwasher, Disposal, Double Oven, Dryer, Elect Stove, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 1.23
  • Topography: Hilly, Level
  • Exterior Features: Patio Open, Lawn, Fenced: PRT, Drought Tolerant LND
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-192-057
  • Zoning: R-1
  • Lot Size Sq Ft: 53579.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
Apr 10, 2017
Sold by
Lionello Catrina
Bought by
Brown Steven S Shane and Brown Kristine
Seller's Agent
Patrice Serrani
Compass
Buyer's Agent
Maureen McDermut
Sotheby's International Realty
List Price
$2,100,000
Sold Price
$2,188,888
Premium/Discount to List
$88,888
4.23%
Current Estimated Value
$4,648,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,459,972
Avg. Annual Appreciation
10.00%
Original Mortgage
$1,751,000
Outstanding Balance
$1,424,709
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,367,989

Purchase Details

Closed on
May 23, 2013
Sold by
Lionello Ferdy and Lionello Marie E
Bought by
Lionello Ferdy and Lionello Marie E

Purchase Details

Closed on
Mar 14, 1999
Sold by
Lionello Ferdy and Lionello Marie
Bought by
Lionello Ferdy and Lionello Marie
Source: Public Records

Range of Values:

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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
Brown Steven S Shane $2,189,000 Wfg National Title Ins Co
Lionello Ferdy -- None Available
Lionello Ferdy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Steven S Shane $1,751,000
Previous Owner Lionello Ferdy $938,250
Previous Owner Lionello Ferdy $392,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $2,188,888 +4.2% $721 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $2,100,000 -- $692 / 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 $28,933 $2,661,363 $1,856,934 $804,429
2023 $28,933 $2,558,021 $1,784,828 $773,193
2022 $28,042 $2,507,865 $1,749,832 $758,033
2021 $28,609 $2,566,927 $1,735,522 $831,405
2020 $26,127 $2,346,863 $1,697,932 $648,931
2019 $25,343 $2,277,318 $1,664,640 $612,678
2018 $24,876 $2,232,665 $1,632,000 $600,665
2017 $3,918 $232,840 $59,549 $173,291
2016 $3,717 $228,276 $58,382 $169,894
2014 $3,451 $220,445 $56,380 $164,065
Source: Public Records

Agents Affiliated with this Home

  • Patrice Serrani

    Seller's Agent in 2017

    Patrice Serrani

    Compass

    (805) 637-5112

    6 in this area

    56 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Maureen McDermut

    Sotheby's International Realty

    (805) 570-5545

    9 in this area

    91 Total Sales

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1008

Santa Barbara Multiple Listing Service

APN: 013-192-057

California Santa Barbara County Santa Barbara 93108 Eucalyptus Hill

2550 Sycamore Canyon Rd, Santa Barbara, CA

This home is located at 2550 Sycamore Canyon Rd, Santa Barbara, CA 93108 since 28 March 2017 and is currently estimated at $4,792,698, approximately $1,579 per square foot. This property was built in 1958. 2550 Sycamore Canyon Rd is a home located in Santa Barbara County with nearby schools including Cold Spring Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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