NOT LISTED FOR SALE

2703 San Marcos Ave Los Olivos, CA 93441

Estimated Value: $1,391,000 - $1,577,000

3 Beds
2 Baths
1,476 Sq Ft
$995/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $987,000 $669 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,762/month

78 Days on Market

Highlights

  • Parking available for a boat
  • Fruit Trees
  • Ranch Style House
  • Los Olivos Elementary School Rated A
  • Property is near a park
  • Corner Lot

About This Home

As of December 2020

Classic Los Olivos ranch completely restored and reimagined. This three-bedroom, two-bath home is simply immaculate. Its style is modern, clean and elegant, with thoughtful details for comfort and convenience. The spacious living room features a vaulted ceiling, a warm fireplace, and ample room to include the formal dining area. The kitchen is dressed in black and granite, beautiful to behold and a delight for cooking and entertaining. There is seating at the countertop and a spacious breakfast nook, too. The large main bedroom suite enjoys sliding glass doors to an outside patio. Both bathrooms are beautifully tiled and fitted with rubbed bronze fixtures, consistent with the modern farmhouse style throughout the home. This corner lot property has an attached large two-car garage, privacy fencing, mature trees and fresh landscaping, and room for RV/boat parking as well. The neighborhood is known for its friendliness, and the wonderful small town shopping and dining of Los Olivos is but a few blocks away.

Last Agent to Sell the Property

Julie Barnes

Village Properties - 1 License #01107109 Listed on: 08/29/2020

Co-Listed By

Carey Kendall

Village Properties License #00753349

Last Buyer's Agent

Carey Kendall

Village Properties License #00753349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,100

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Dog Run
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • Direct Access Garage
  • 5 Open Parking Spaces
  • Parking available for a boat
  • RV Access or Parking

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

Additional Features

  • Stepless Entry
  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 135-162-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,100

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Level, Corner Lot, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: vip
  • Co List Office Phone: 805-969-8900
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1976
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.17
  • 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
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 1476.0
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s) Gas8: Yes
  • Property Information Apx Lot SqFt: 7405.0
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Dog Run2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Total # Uncovered Spaces: 5.0
  • Laundry In Garage2: Yes
  • Appliances Included Electric Range2: Yes
  • Pets Yes: Yes
  • Dining In Living Room2: Yes
  • ParkingGarage RV: Yes
  • ParkingGarage Boat: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, LR

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding
  • Acres: 0.17
  • Topography: Level
  • Exterior Features: Patio Open, Dog Run, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: BCK, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Open Parking Spaces: 5.0
  • Parking Features: Gar #2, RV, Boat, Interior Access, Attached

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 #: 135-162-019
  • Zoning: R-1
  • Lot Size Sq Ft: 7405.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Dec 9, 2020
Sold by
Theron T Chapman Jr Living Trust
Bought by
Byrne Erin
Seller's Agent
Julie Barnes
Village Properties - 1
Buyer's Agent
Carey Kendall
Village Properties
List Price
$1,095,000
Sold Price
$987,000
Premium/Discount to List
-$108,000
-9.86%
Current Estimated Value
$1,468,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,354
Avg. Annual Appreciation
8.27%
Original Mortgage
$641,000
Outstanding Balance
$573,304
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$863,769

Purchase Details

Closed on
Jan 3, 2018
Sold by
Chapman Theron T
Bought by
Chapman Theron T and Theron T Chapman Jr Living Tru

Purchase Details

Closed on
Dec 22, 2005
Sold by
Gallagher John M and Hawthorne Leanne M
Bought by
Verde Invierno Llc

Purchase Details

Closed on
Jun 11, 2004
Sold by
Gallagher John M and Renken Lynn F
Bought by
Gallagher John M and Hawthorne Leanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 10, 1996
Sold by
Gallagher Wendy
Bought by
Gallagher John M and Gallagher Leanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.03%

Purchase Details

Closed on
Jul 1, 1996
Sold by
Gallagher John M and Gallagher Leanne M
Bought by
Gallagher Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.03%
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
Byrne Erin $987,000 Fidelity National Title Co
Chapman Theron T -- None Available
Chapman Theron T -- None Available
Verde Invierno Llc $725,000 First American Title Company
Gallagher John M -- First American Title
Gallagher John M -- --
Gallagher Wendy -- First American Title
Gallagher John M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrne Erin $641,000
Previous Owner Gallagher John M $75,000
Previous Owner Gallagher Wendy $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $987,000 -9.9% $669 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $1,095,000 -- $742 / 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 $12,100 $1,068,357 $487,093 $581,264
2023 $12,100 $1,026,874 $468,180 $558,694
2022 $11,702 $1,006,740 $459,000 $547,740
2021 $11,439 $987,000 $450,000 $537,000
2020 $8,393 $712,674 $364,140 $348,534
2019 $8,232 $698,700 $357,000 $341,700
2018 $7,539 $630,000 $414,000 $216,000
2017 $6,741 $600,000 $394,000 $206,000
2016 $6,346 $571,000 $375,000 $196,000
2015 $5,851 $544,000 $357,000 $187,000
2014 -- $518,000 $340,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3408

Santa Barbara Multiple Listing Service

APN: 135-162-019