Seller's Agent in 2024
Melinda Bonini
Coldwell Banker Exclusive
(818) 422-7447
13 Total Sales
3040 Gibraltar Rd Santa Barbara, CA 93105
Estimated Value: $3,419,000 - $4,473,000
6
Beds
5.5
Baths
5,296
Sq Ft
$724/Sq Ft
Est. Value
Highlights
- Ocean View
- New Construction
- Wood Frame Window
- Santa Barbara Senior High School Rated A-
- No HOA
- 4 Car Attached Garage
About This Home
As of March 2024REO Foreclosure Builder Investor Fix and Flip with income property potential. Live in or Rent out Guest House while finishing Construction. Incomplete new construction builder states approximately 80% completed. Main Estate house 4 BR 4.5 BA 4078 Sq ft. + 400 sq ft. Observation deck, according to the plans. Guest House built in 1982, 1BR and Loft and 2 BA 1151 Sq ft, with a laundry room according to the plans and is move in ready. Each has 4+ car parking. One of the highest homes in the hills with STUNNING OCEAN VIEWS OF SANTA BARBARA, THE COASTLINE, HARBOR AND CITY LIGHTS, CHANNEL ISLANDS, etc. This is a once in a lifetime opportunity for the right buyer. The Builder ran out of money during Covid restrictions and could not complete the buildout. Bring your builder or we have a builder who would love to complete the buildout. We have cost breakdowns and estimates available. Main house has 2 car garage to be finished in the construction.
Last Agent to Sell the Property
Coldwell Banker Exclusive License #01326360 Listed on: 01/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,220
Year Built
- Built in 2022 | New Construction
Lot Details
- 2.98 Acre Lot
- Property is zoned 40-E-1
Parking
- 4 Car Attached Garage
- Parking Available
Property Views
- Ocean
- Coastline
- Harbor
- City Lights
- Mountain
Interior Spaces
- 5,296 Sq Ft Home
- Wood Frame Window
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms | 2 Main Level Bedrooms
Outdoor Features
- Patio
Utilities
- No Heating
- No Utilities
- Septic Type Unknown
Community Details
- No Home Owners Association
- Santa Barbara: Other Subdivision
- Mountainous Community
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 153280020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 27, 2023
Sold by
Swanson William K and Swanson Janette
Bought by
3040 Gibraltar Rd Acquisitions Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2022
Sold by
Western Fidelity Trustees
Bought by
William K Swanson And Janette I Swanson Famil
Purchase Details
Closed on
Mar 16, 2016
Sold by
Mckussic Cole
Bought by
Ken Ventura Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.71%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 16, 1999
Sold by
Irvine Winkler Eileen M
Bought by
Winkler Gene
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3040 Gibraltar Rd Acquisitions Llc | $3,500,000 | Fidelity National Title | |
| William K Swanson And Janette I Swanson Famil | $1,789,872 | None Listed On Document | |
| Ken Ventura Llc | $750,000 | First American Title Company | |
| Winkler Gene | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 3040 Gibraltar Rd Acquisitions Llc | $2,450,000 | |
| Previous Owner | Ken Ventura Llc | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2024 03/08/24 | Sold | $3,500,000 | +6.7% | $661 / Sq Ft |
| 02/21/2024 02/21/24 | For Sale | $3,280,000 | 0.0% | $619 / Sq Ft |
| 01/05/2024 01/05/24 | Price Changed | $3,280,000 | 0.0% | $619 / Sq Ft |
| 11/13/2023 11/13/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | Price Changed | $3,280,000 | -6.3% | $619 / Sq Ft |
| 07/14/2023 07/14/23 | Price Changed | $3,500,000 | +59.1% | $661 / Sq Ft |
| 07/14/2023 07/14/23 | For Sale | $2,200,000 | 0.0% | $415 / Sq Ft |
| 06/20/2023 06/20/23 | For Sale | $2,200,000 | +900.0% | $415 / Sq Ft |
| 02/09/2023 02/09/23 | Pending | -- | -- | -- |
| 01/03/2023 01/03/23 | For Sale | $220,000 | -- | $42 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $26,220 | $3,570,000 | $1,683,000 | $1,887,000 |
| 2023 | $26,220 | $1,240,969 | $568,913 | $672,056 |
| 2022 | $12,959 | $1,216,637 | $557,758 | $658,879 |
| 2021 | $10,730 | $1,010,233 | $546,822 | $463,411 |
| 2020 | $8,630 | $811,824 | $541,216 | $270,608 |
| 2019 | $8,480 | $795,906 | $530,604 | $265,302 |
| 2018 | $8,360 | $780,300 | $520,200 | $260,100 |
| 2017 | $8,084 | $765,000 | $510,000 | $255,000 |
| 2016 | $3,362 | $310,238 | $33,049 | $277,189 |
| 2015 | $3,144 | $288,132 | $32,553 | $255,579 |
| 2014 | $2,810 | $255,427 | $31,916 | $223,511 |
Source: Public Records
Agents Affiliated with this Home
-
Melinda Bonini
-
Lou Lollio
Seller Co-Listing Agent in 2024
Lou Lollio
Lou Lollio
(760) 659-0305
-
Jennifer Conklin
Buyer's Agent in 2024
Jennifer Conklin
Allison James Estates & Homes
(951) 675-1331
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23001289
APN: 153-280-020
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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