NOT LISTED FOR SALE

Estimated Value: $4,817,000 - $8,706,000

4 Beds
3.5 Baths
4,187 Sq Ft
$1,661/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $7,100,000 $1,696 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $45,140/month

6 Days on Market

Highlights

  • Ocean Front
  • Multiple Fireplaces
  • Wood Flooring
  • San Marcos Senior High School Rated A
  • Cathedral Ceiling
  • 3-minute walk to Arroyo Burro Beach

About This Home

As of October 2018

Ocean front paradise! Enjoy the good life with nothing between you and the glimmering Pacific Ocean. Custom built Mediterranean home with amazing bluff top views. 1.28 acre lot with lush landscaping including a sprawling lawn that overlooks the ocean.The property extends all the way down to Hendry's Beach. Versatile floor plan with two ground level master bedroom suites. Fireplaces in living and family rooms. Hardwood floors and vaulted wood ceilings throughout. Part of Las Gaviotas a small friendly gated community of 5 homes. Private gated driveway leads to a 3 car garage. Elevator/lift services main level, garage and cellar. Loads of storage throughout. Large island kitchen with abundant wood cabinetry, skylight and pantry. A chance to become one of California's rare ocean-front owners!

Last Agent to Sell the Property

Bob Curtis

Village Properties - 1 License #00938841 Listed on: 09/07/2018

Last Buyer's Agent

Gary Goldberg

Coastal Properties License #01172139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,111

Year Built

  • Built in 1988

Lot Details

  • 1.28 Acre Lot
  • Ocean Front
  • Cul-De-Sac
  • Gated Home
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Property Views

  • Ocean
  • Beach
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,187 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Library
  • Wood Flooring
  • Home Security System
  • Basement

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

  • City Lot

Schools

  • Monroe Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Underground Utilities
  • Sewer Stub Out

Community Details

  • Las Gaviotas Community
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 047-092-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,111

Year Built

Built in 1988

Lot Details

0

HOA Fees

$475 per month

Parking

3

Listing Details

  • Association Fee: 475
  • Prop. Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Waterfront, Oceanfront, Cul-De-Sac
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Reso Association Amenities: Greenbelt
  • Architectural Style: Medit
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.28
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Rooms Office3: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Property Information Apx Lot SqFt: 55756.0
  • Fireplace(s):_two_3: Yes
  • Location Info Development Name: Las Gaviotas
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • LocationTopo Oceanfront2: Yes
  • Rooms LbryStudy: Yes
  • Dining In Living Room2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, 2, Gas, LR
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Beach, Ocean, Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 1.28
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Patio Covered, Lawn, Yard Irrigation T/O
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Gar #3, Interior Access, Attached

Utilities

  • Heating: Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

  • Elementary School: Monroe
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 047-092-018
  • Zoning: Other
  • Lot Size Sq Ft: 55756.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Agrinet Usa Llc
Bought by
Carone Paul A and Carone Cecilia Raubertas
Current Estimated Value
$6,955,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,373,595
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,651,682

Purchase Details

Listed on
Sep 7, 2018
Closed on
Sep 24, 2018
Sold by
Bank Of America
Bought by
Agrinet Usa Llc
Seller's Agent
Bob Curtis
Village Properties - 1
Buyer's Agent
Gary Goldberg
Coastal Properties
List Price
$6,950,000
Sold Price
$7,100,000
Premium/Discount to List
$150,000
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.15%
Original Mortgage
$6,100,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2001
Sold by
Bank Of America
Bought by
Bank Of America

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.51%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Carone Paul A -- Lawyers Title La
Agrinet Usa Llc $7,100,000 First American Title Co
Bank Of America -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carone Paul A $5,000,000
Previous Owner Agrinet Usa Llc $6,100,000
Previous Owner Bank Of America $730,000
Previous Owner Bank Of America $800,000
Previous Owner Bank Of America Ntsa $830,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $7,100,000 +2.2% $1,696 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $6,950,000 -- $1,660 / 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 $82,111 $7,920,181 $6,246,904 $1,673,277
2023 $82,111 $7,612,632 $6,004,330 $1,608,302
2022 $79,243 $7,463,366 $5,886,599 $1,576,767
2021 $77,433 $7,317,026 $5,771,176 $1,545,850
2020 $76,637 $7,242,000 $5,712,000 $1,530,000
2019 $75,303 $7,100,000 $5,600,000 $1,500,000
2018 $16,340 $1,535,841 $562,769 $973,072
2017 $15,799 $1,505,728 $551,735 $953,993
2016 $15,426 $1,476,205 $540,917 $935,288
2014 $15,005 $1,425,551 $522,356 $903,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3291

Santa Barbara Multiple Listing Service

APN: 047-092-018