NOT LISTED FOR SALE

2572 Banner Ave Summerland, CA 93067

Estimated Value: $1,847,000 - $2,282,505

3 Beds
2.5 Baths
1,926 Sq Ft
$466/mo HOA Fee

Last Sold March 31, 2016

Last sale price $1,570,000 $815 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,940/month

14 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Deck
  • Spa
  • Cape Cod Architecture
  • Property is near a park

About This Home

As of March 2016

Set in the quaint beachside community of Summerland, this charming sun-filled 3 bedroom, 2 bath immaculate Cape Cod condo with panoramic views of the ocean & mountains is part of a beautifully designed 5 unit association. The private setting offers an expansive wrap around view deck with covered dining terrace and spa just minutes away from the beach and restaurants in this small seaside enclave.

Last Agent to Sell the Property

Susan Burns Associates

Coldwell Banker Realty Listed on: 02/03/2016

Co-Listed By

Dana Zertuche

Coldwell Banker Realty

Last Buyer's Agent

Eric Stockmann

Coldwell Banker Realty License #01963971

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,376

Year Built

  • Built in 1991

Lot Details

  • Property is in excellent condition

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Shingle Exterior

Interior Spaces

  • 1,926 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

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

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Sewer Stub Out

Community Details

  • Association fees include insurance, comm area maint
  • Summerview Community
  • 05 Summerland Subdivision

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 005-610-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,376

Year Built

Built in 1991

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Association Fee: $466.00/Month
  • Prop. Type: Residential
  • Year Built: 1991
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room
  • Reso Association Fee Includes: Insurance, Comm Area Maint
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Cape Cod
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1991
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Summerview
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Exterior Wood Shingles: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Total Bedrooms: 7
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Setting, Panoramic
  • Construction Type: Wood Shingles
  • Exclusions: Chandelier
  • Exterior Features: Deck, Patio Open, Patio Covered, SPA-Outside
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air, Radiant
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 005-610-004
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Feb 22, 2016
Sold by
Armour Sally
Bought by
Stockmann Peter J
Seller's Agent
Susan Burns Associates
Coldwell Banker Realty
Buyer's Agent
Eric Stockmann
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,570,000
Premium/Discount to List
-$25,000
-1.57%
Current Estimated Value
$2,022,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,626
Avg. Annual Appreciation
3.63%
Original Mortgage
$500,000
Outstanding Balance
$396,828
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,803,803

Purchase Details

Closed on
Mar 11, 2015
Sold by
Armour Sally May
Bought by
Armour Sally

Purchase Details

Closed on
Sep 4, 2001
Sold by
Griffin Alan M and Griffin Patricia L
Bought by
Armour Sally May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1999
Sold by
Griffin Alan M and Griffin Patricia L
Bought by
Griffin Alan M and Griffin Patricia L

Purchase Details

Closed on
Dec 23, 1998
Sold by
Seibold David R
Bought by
Griffin Alan M and Griffin Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1997
Sold by
Murdock Linton F and Murdock Linton F Trust
Bought by
Seibold David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
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
Stockmann Peter J $1,570,000 Chicago Title Company
Armour Sally -- None Available
Armour Sally May $960,000 Lawyers Title Company
Griffin Alan M -- --
Griffin Alan M -- Equity Title Company
Seibold David R $460,000 Santa Barbara Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockmann Peter J $500,000
Previous Owner Armour Sally May $191,516
Previous Owner Armour Sally May $225,000
Previous Owner Griffin Alan M $488,000
Previous Owner Seibold David R $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $1,570,000 -1.6% $815 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $1,595,000 -- $828 / 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 $20,376 $1,858,557 $1,029,902 $828,655
2023 $20,376 $1,786,388 $989,910 $796,478
2022 $19,727 $1,751,361 $970,500 $780,861
2021 $19,297 $1,717,021 $951,471 $765,550
2020 $19,077 $1,699,416 $941,715 $757,701
2019 $18,687 $1,666,095 $923,250 $742,845
2018 $18,373 $1,633,428 $905,148 $728,280
2017 $18,039 $1,601,400 $887,400 $714,000
2016 $13,563 $1,185,532 $623,964 $561,568
2015 $13,393 $1,167,725 $614,592 $553,133
2014 $12,621 $1,144,851 $602,553 $542,298
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Susan Burns Associates

    Coldwell Banker Realty

  • D

    Seller Co-Listing Agent in 2016

    Dana Zertuche

    Coldwell Banker Realty

  • E

    Buyer's Agent in 2016

    Eric Stockmann

    Coldwell Banker Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-329

Santa Barbara Multiple Listing Service

APN: 005-610-004

California Santa Barbara County Summerland 93067

2572 Banner Ave, Summerland, CA

This home is located at 2572 Banner Ave, Summerland, CA 93067 since 03 February 2016 and is currently estimated at $2,022,626, approximately $1,050 per square foot. This property was built in 1991. 2572 Banner Ave is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

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