$7,050,000
SOLD OCT 7, 2016

2794 Kara Ln Solvang, CA 93463

5 Beds
6.5 Baths
6,574 Sq Ft
25.85 Acres

Recently Sold

$1,072 Per Sq Ft

6% Below List Price

182 Days on Market

Highlights

  • Panoramic View
  • Estate
  • Contemporary Architecture
  • Solvang Elementary School Rated A-
  • 25.85 Acre Lot
  • Forced Air Heating and Cooling System

About This Home

As of October 2016

Streamlined Mission design melds with unrivaled quality in this inspiring luxury estate residence. 5 bedrooms including a dual master option and 6.5 baths, over 6,500 sq. ft. on 25 acres w/ private lake. Professional video at vimeo.com/161266354 or full site at mysinglepropertywebsites.com/houses/mls/51091

Last Agent to Sell the Property

Sharon Currie

Berkshire Hathaway HomeServices California Properties License #01357602 Listed on: 04/09/2016

Last Buyer's Agent

Carey Kendall

Village Properties License #00753349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,835

Year Built

  • Built in 2013

Lot Details

  • 25.85 Acre Lot
  • Property is in excellent condition
  • Property is zoned A-1

Parking

  • 3 Car Garage

Home Design

  • Estate
  • Contemporary Architecture
  • Mediterranean Architecture

Interior Spaces

  • 6,574 Sq Ft Home
  • Panoramic Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • See Remarks Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well
  • Septic Needed

Community Details

  • Santa Ynez Subdivision

Listing and Financial Details

  • Assessor Parcel Number 139-040-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,835

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Directions: Highway 246 to Carriage Lane (near El Ranch Market). Follow Carriage to bend in the road at the vineyard where it becomes Kara Lane. Follow Kara to the end, go over the bridge.
  • Prop. Type: Residential
  • Year Built: 2013
  • Reso Property Sub Type: Home/Estate
  • Subdivision Name: Santa Ynez
  • Architectural Style: Contemporary, Medit, Estate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2013
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 25.85
  • NeighborhoodSchools Elementary School: See Remarks
  • NeighborhoodSchools Junior High School: See Remarks
  • NeighborhoodSchools High School: Other
  • View Panoramic2: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • WaterSewer Pvt Well In: Yes
  • Style:Contemporary2: Yes
  • ParkingGarage Gar #12: Yes
  • WaterSewer Septic Req: Yes
  • Style Medit2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • View: Panoramic
  • Acres: 25.85

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Gar #1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Pvt Wtr Sys
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 139-040-005
  • Zoning: A-1
  • Lot Size Sq Ft: 1126026.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Sep 14, 2016
Sold by
Raftopoulos Steve P
Bought by
Rohl Gregory and Rohl Mishel
Seller's Agent
Sharon Currie
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Carey Kendall
Village Properties
List Price
$7,495,000
Sold Price
$7,050,000
Premium/Discount to List
-$445,000
-5.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.00%

Purchase Details

Closed on
Jan 13, 2009
Sold by
Lieberthal Ann
Bought by
Raftopoulos Steve P

Purchase Details

Closed on
Jun 15, 2006
Sold by
Lieberthal Ann
Bought by
Malone Donald J and Malone Ruth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2004
Sold by
Lieberthal Ann A
Bought by
Lieberthal Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.86%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 26, 2004
Sold by
Mcqueeney Barbara and Mcqueeney Patricia
Bought by
Lieberthal Ann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.86%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 7, 2000
Sold by
Kelly Joseph D Investments
Bought by
Mcqueeney Barbara and Mcqueeney Patricia

Purchase Details

Closed on
Nov 3, 2000
Sold by
Berke Hakan
Bought by
Mcqueeney Barbara

Purchase Details

Closed on
Dec 18, 1995
Sold by
Kelly Joseph D and Kelly Anita M
Bought by
Joseph D Kelly Investments
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $6,975,000 First American Title Company
Grant Deed $2,087,500 First American Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $1,250,000 Chicago Title Co
Grant Deed -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Quit Claim Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Future Advance Clause Open End Mortgage
Previous Owner $600,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $750,000 Unknown
Previous Owner $750,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $14,750,000 +109.2% $2,280 / Sq Ft
10/07/2016 10/07/16 Sold $7,050,000 +1.1% $1,072 / Sq Ft
10/07/2016 10/07/16 Sold $6,975,000 -6.9% $1,061 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $7,495,000 -- $1,140 / 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
2023 $85,835 $7,780,742 $3,346,556 $4,434,186
2022 $83,032 $7,628,180 $3,280,938 $4,347,242
2021 $81,705 $7,478,608 $3,216,606 $4,262,002
2020 $80,502 $7,401,925 $3,183,624 $4,218,301
2019 $78,904 $7,256,790 $3,121,200 $4,135,590
2018 $77,593 $7,114,500 $3,060,000 $4,054,500
2017 $76,293 $6,975,000 $3,000,000 $3,975,000
2016 $34,844 $3,242,000 $1,209,000 $2,033,000
2015 $32,526 $3,088,000 $1,152,000 $1,936,000
2014 -- $2,940,700 $1,097,000 $1,843,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1165

Santa Barbara Multiple Listing Service

APN: 139-040-005