NOT LISTED FOR SALE

315 W Victoria St Santa Barbara, CA 93101

Estimated Value: $2,029,000 - $2,504,024

5 Beds
5 Baths
2,600 Sq Ft
$862/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $1,240,000 $477 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $13,419/month

1 Day on Market

Highlights

  • Parking available for a boat
  • Property is near an ocean
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Peek-A-Boo Views
  • Property is near a park

About This Home

As of April 2016

A wise purchase for Investors seeking to capitalize on the booming rental income market. Zoned R-4. Beautifully restored Victorian craftsman lies in the heart of downtown SB, just 3 blocks to the Theater District & the areas finest dining. 2,600SF versatile floor plan, 5-bed/5-bath & 550SF bonus basement space. Ample off-street parking. Prestigious Peabody Elementary School District. This remodeled classic is highlighted by a gorgeous living room with high ceilings and custom 5-bay picture window, gleaming custom hardwood floors, and a very bright and spacious chef's kitchen.

Downstairs includes a Master bedroom with in suite bath and a centrally located powder bath in the hall. Awaiting you upstairs is a well-appointed Master bedroom with in suite bath and 3 additional bedrooms, one of which has a shower and sink, and an additional full bathroom in the hall. Totaling 5-bedroom /5-bathrooms. Plus bonus office nook in upstairs hallway.

This home is sure to be more than enough space for large families, out of town guests, or a wise investment for investors looking to capitalize on the booming downtown SB rental income market. Zoned R-4, which supports short term rentals (based on City of SB website).

Last Agent to Sell the Property

Gabe Venturelli

Coldwell Banker Realty Listed on: 03/03/2016

Last Buyer's Agent

Arielle Gulje

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,254

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52x100
  • Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned R-4

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Victorian Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Shingle Exterior
  • Wood Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dining Area
  • Home Office
  • Loft
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • Direct Access Garage
  • Carport
  • Uncovered Parking
  • Parking available for a boat

Outdoor Features

  • Property is near an ocean

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Peabody Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 039-162-005

Community Details

Overview

  • Santa Barbara Community
  • 15 Or 20 Downtown Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,254

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Directions: 3 blocks from State Street on W. Victoria Street
  • Prop. Type: Residential
  • Year Built: 1900
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Common Area, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 or 20 - Downtown
  • Architectural Style: Victorian
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Hardwood, Tile
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1900
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Property Information Apx Lot SqFt: 5227.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Santa Barbara
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Laundry:_two_20V Elect2: Yes
  • Appliances Included Electric Range2: Yes
  • Site Improvements Cable TV3: Yes
  • Property Information Apx Lot Size FxD: 52x100
  • Proximity Near Hospital2: Yes
  • Laundry Common Area2: Yes
  • View PartialFiltered2: Yes
  • Style Victorian2: Yes
  • ParkingGarage Unc #33: Yes
  • Dining In Living Room2: Yes
  • ParkingGarage Boat: Yes
  • Rooms Loft2: Yes
  • Foundation Pier Post: Yes
  • ParkingGarage Cpt #22: Yes
  • Exterior Wood Shingles: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Gas Stove
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting, Partial/Filtered
  • Construction Type: Wood Siding, Wood Shingles
  • Acres: 0.12
  • Topography: Level
  • Exterior Features: Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Slab, Mixed, Pier & Post

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Cpt #2, Unc #3, Boat, Interior Access, Attached

Utilities

  • Heating: Electric, Forced Air, Wall
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Peabody
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 039-162-005
  • Zoning: R-4
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 23, 2016
Sold by
Schaffer Richard Keith
Bought by
Cadiente George B and Cadiente Jessica D
Seller's Agent
Gabe Venturelli
Coldwell Banker Realty
Buyer's Agent
Arielle Gulje
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,240,000
Premium/Discount to List
-$55,000
-4.25%
Current Estimated Value
$2,229,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$989,543
Avg. Annual Appreciation
6.55%
Original Mortgage
$123,876
Interest Rate
3.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 24, 2014
Closed on
Sep 2, 2014
Sold by
Larsen Roger E and Larsen Elizabeth E
Bought by
Schaffer Richard Keith
Seller's Agent
Gabe Venturelli
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gabe Venturelli
The Channel Group
List Price
$1,095,000
Sold Price
$1,095,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$876,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2006
Sold by
Larsen Roger E and Larsen Elizabeth E
Bought by
Larsen Roger E and Larsen Elizabeth E

Purchase Details

Closed on
Sep 13, 1994
Sold by
Murray Frank and Murray Janice A
Bought by
Larsen Roger E and Larsen Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.5%
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
Cadiente George B $1,240,000 Fidelity National Title Co
Schaffer Richard Keith $1,095,000 Wfg National Title Insurance
Larsen Roger E -- None Available
Larsen Roger E $210,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadiente Jessica D $997,250
Closed Cadiente George B $123,876
Closed Cadiente George B $992,000
Previous Owner Schaffer Richard Keith $876,000
Previous Owner Schaffer Richard Keith $876,000
Previous Owner Larsen Roger E $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $1,240,000 0.0% $477 / Sq Ft
04/22/2016 04/22/16 Sold $1,240,000 -4.2% $477 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
03/04/2016 03/04/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $1,295,000 0.0% $498 / Sq Ft
01/27/2016 01/27/16 For Sale $1,295,000 +18.3% $498 / Sq Ft
09/05/2014 09/05/14 Sold $1,095,000 0.0% $421 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $1,095,000 -- $421 / 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 $15,254 $1,467,904 $651,086 $816,818
2023 $15,254 $1,410,904 $625,804 $785,100
2022 $14,720 $1,383,240 $613,534 $769,706
2021 $14,382 $1,356,118 $601,504 $754,614
2020 $14,234 $1,342,214 $595,337 $746,877
2019 $13,986 $1,315,897 $583,664 $732,233
2018 $13,789 $1,290,096 $572,220 $717,876
2017 $13,334 $1,264,800 $561,000 $703,800
2016 $11,699 $1,111,698 $533,006 $578,692
2015 $11,572 $1,095,000 $525,000 $570,000
2014 $3,144 $287,730 $191,825 $95,905
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gabe Venturelli

    Coldwell Banker Realty

  • B

    Seller Co-Listing Agent in 2016

    Bruce Venturelli

    Sotheby's International Realty

    (805) 448-3644

    Section Image

  • A

    Buyer's Agent in 2016

    Arielle Gulje

    Coldwell Banker Realty

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-678

Santa Barbara Multiple Listing Service

APN: 039-162-005

California Santa Barbara County Santa Barbara 93101

315 W Victoria St, Santa Barbara, CA

This home is located at 315 W Victoria St, Santa Barbara, CA 93101 since 03 March 2016 and is currently estimated at $2,241,756, approximately $862 per square foot. This property was built in 1900. 315 W Victoria St is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Peabody Charter School.

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