NOT LISTED FOR SALE

3111 Padaro Ln Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $2,775,000 - $10,695,751

5 Beds
4 Baths
3,917 Sq Ft
$1,891/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $10,954,623 $2,797 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $49,690/month

245 Days on Market

Highlights

  • Ocean Front
  • 2.02 Acre Lot
  • Deck
  • Guest House
  • Fruit Trees
  • Multiple Fireplaces

About This Home

As of May 2016

Fall in love w/ exceptional ocean front living & endless coastal views. This classic shingled beach house w/ 1bd/1ba guest house rests on approx. 2 flat & usable acres w/ 175 ft of prime Padaro Beach frontage. The bluff-front home offers a charming living room w/ brick fireplace, ocean view dining room & kitchen while towering redwoods, oak trees & citrus orchard mingle on the estate size parcel.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 08/11/2015

Last Buyer's Agent

Gregg Leach

Village Properties License #01005773

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 2.02 Acre Lot
  • Ocean Front
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in good condition
  • Property is zoned E-1

Parking

  • Detached Garage

Property Views

  • Ocean
  • Beach
  • Panoramic
  • Mountain

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,917 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Deck
  • Enclosed Patio or Porch
  • Separate Outdoor Workshop

Additional Homes

  • Guest House

Schools

  • Aliso Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating System
  • Septic System

Community Details

  • 05 Padaro Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-380-013

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: From 101, Padaro exit.
  • Prop. Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Waterfront, Oceanfront, Other
  • ResoSecurityFeatures: Gate:Elec
  • Subdivision Name: 05 - Padaro
  • Architectural Style: Cal Cottage
  • Reso Flooring: Carpet, Parquet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Good
  • Property Information Year Built2: 1965
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.02
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • WaterSewer Sewer Avail: Yes
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Construction Two Story2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • View Beach2: Yes
  • ParkingGarage Gar #4: Yes
  • LocationTopo Oceanfront2: Yes
  • Rooms Patio Enclosed2: Yes
  • Appliances Included Elect Stove2: Yes
  • FlrWdw Coverings Parquet2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Elect Stove, Gas Stove, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Other, 2+, LR
  • Total Bedrooms: 7

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Ocean, Panoramic
  • Construction Type: Wood Siding
  • Acres: 2.02
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Deck, Lawn, Fruit Trees, Fenced: PRT
  • Foundation Details: Slab, Mixed
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Aliso
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-380-013
  • Zoning: E-1
  • Lot Size Sq Ft: 87991.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2015
Closed on
Apr 14, 2016
Sold by
Harrison Edmund Pitts and Harrison Joseph B
Bought by
The Renker Family Trust
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Gregg Leach
Village Properties
List Price
$14,600,000
Sold Price
$10,954,623
Premium/Discount to List
-$3,645,377
-24.97%
Current Estimated Value
$7,406,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,548,373
Avg. Annual Appreciation
-3.95%
Original Mortgage
$7,120,505
Outstanding Balance
$5,417,793
Interest Rate
2.45%
Mortgage Type
New Conventional
Estimated Equity
$1,988,457
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
The Renker Family Trust $10,955,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Renker Family Trust $7,120,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $10,954,623 -25.0% $2,797 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
08/10/2015 08/10/15 For Sale $14,600,000 0.0% $3,727 / Sq Ft
03/10/2014 03/10/14 Rented -- -- --
02/08/2014 02/08/14 Under Contract -- -- --
12/30/2013 12/30/13 For Rent -- -- --
Source: Santa Barbara Multiple Listing Service

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 $134,320 $12,968,052 $10,654,177 $2,313,875
2023 $134,320 $12,464,488 $10,240,463 $2,224,025
2022 $129,909 $12,220,087 $10,039,670 $2,180,417
2021 $127,197 $11,980,478 $9,842,814 $2,137,664
2020 $125,922 $11,857,634 $9,741,889 $2,115,745
2019 $123,057 $11,625,132 $9,550,872 $2,074,260
2018 $121,112 $11,397,189 $9,363,600 $2,033,589
2017 $119,010 $11,173,715 $9,180,000 $1,993,715
2016 $3,980 $362,404 $231,947 $130,457
2015 $3,937 $356,961 $228,463 $128,498
2014 $3,708 $349,969 $223,988 $125,981
Source: Public Records

Agents Affiliated with this Home

  • Robert Riskin

    Seller's Agent in 2016

    Robert Riskin

    Village Properties

    (805) 698-0199

    11 in this area

    208 Total Sales

    Robert Riskin
    Section Image
  • Gregg Leach

    Buyer's Agent in 2016

    Gregg Leach

    Village Properties

    (805) 886-9000

    3 in this area

    48 Total Sales

    Gregg Leach
    Section Image

  • T

    Seller's Agent in 2014

    Thomas Dabney

    Village Properties

    (805) 969-8900

    32 Total Sales

    Thomas Dabney
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2710

Santa Barbara Multiple Listing Service

APN: 005-380-013

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

3111 Padaro Ln, Carpinteria, CA

Not Listed for Sale

Detached

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