NOT LISTED FOR SALE

2575 Park St Los Olivos, CA 93441

Estimated Value: $1,916,000 - $3,337,000

7 Beds
3.5 Baths
3,031 Sq Ft
$840/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $1,121,250 $370 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $14,747/month

243 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Multiple Fireplaces
  • Los Olivos Elementary School Rated A
  • Mountain View
  • Lawn

About This Home

As of May 2019

Within walking distance to the quaint town of Los Olivos, this approx.5.6 acre property combines rolling to level usable terrain; ideal land for an estate vineyard, equine pursuits or a country farm. The house rests on a hill overlooking the property toward the northeast with dramatic views of the San Rafael Mountain Range. This prime location is adjacent to Los Olivos with fine restaurants, shops and tasting rooms for many of the finest wineries in Santa Barbara County on California's Central Coast.
The 7 bedroom 3 1⁄2 bath homestead residence was built in the mid-70s to provide for a vibrant and an active family of 7 children. It is two stories and approx. 3000 square feet. There are fenced paddocks and a 40x60 square foot metal equipment barn. There are Domestic and Limited AG (1-1/2") water meters from SYRWCD.

Last Agent to Sell the Property

Mike Brady

Sotheby's International Realty License #00825140 Listed on: 08/01/2018

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • Partially Fenced Property
  • Irrigation
  • Lawn
  • Property is in average condition

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Raised Foundation
  • Slate Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Double Oven
  • Stove
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Additional Features

  • Patio
  • Property is near schools
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 135-220-048

Community Details

Overview

  • Los Olivos Land Asso Community
  • Santa Ynez Subdivision

Recreation

  • Horse Facilities
  • Horses Allowed in Community

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • Subdivision Name: Santa Ynez
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Barn(s)
  • Reso Property Condition: Average
  • Property Information Year Built2: 1975
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • Fireplace(s) Family Room3: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Los Olivos Land Asso
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Barn2: Yes
  • Amenities Horses2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Roof Slate2: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Double Oven, Gas Stove
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Family Room, 2, LR
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Slate
  • View: Mountain(s)
  • Construction Type: Wood Siding, Brick/Stone, Stucco
  • Exterior Features: Patio Open, Horse Facility, Lawn, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Raised

Garage/Parking

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

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 #: 135-220-048
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jun 26, 2019
Sold by
Radovanovic Kameron and Radovanovic Aleksander
Bought by
Radovanovic Aleksandar and Radovanovic Kameron Jennifer
Seller's Agent
Mike Brady
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,395,000
Sold Price
$1,121,250
Premium/Discount to List
-$273,750
-19.62%
Current Estimated Value
$2,547,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,426,235
Avg. Annual Appreciation
13.07%

Purchase Details

Listed on
Aug 1, 2018
Closed on
Apr 8, 2019
Sold by
Anderson Matthew
Bought by
Radovanovic Kameron and Radovanovic Aleksandar
Seller's Agent
Mike Brady
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,395,000
Sold Price
$1,121,250
Premium/Discount to List
-$273,750
-19.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,875
Outstanding Balance
$691,019
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,856,466

Purchase Details

Closed on
Sep 6, 2016
Sold by
Anderson Arlin D
Bought by
Anderson Arlin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2004
Sold by
Anderson Arlin D and Anderson Lorraine M
Bought by
Anderson Arlin D and Anderson Lorraine M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Radovanovic Aleksandar -- None Available
Radovanovic Kameron $1,121,500 First American Title Company
Anderson Arlin D -- First American Title Company
Anderson Arlin D -- First American Title Company
Anderson Arlin D -- --
Anderson Arlin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radovanovic Kameron $784,875
Previous Owner Anderson Arlin D $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $1,121,250 -19.6% $370 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
08/01/2018 08/01/18 For Sale $1,395,000 -- $460 / 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 $17,112 $1,760,771 $780,861 $979,910
2023 $17,112 $1,246,204 $750,540 $495,664
2022 $13,069 $1,178,632 $735,824 $442,808
2021 $12,875 $1,155,523 $721,397 $434,126
2020 $12,708 $1,143,675 $714,000 $429,675
2019 $6,005 $545,202 $241,439 $303,763
2018 $5,830 $534,512 $236,705 $297,807
2017 $5,746 $524,032 $232,064 $291,968
2016 $5,576 $513,758 $227,514 $286,244
2014 $5,265 $496,131 $219,708 $276,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2822

Santa Barbara Multiple Listing Service

APN: 135-220-048