NOT LISTED FOR SALE

Estimated Value: $1,691,340 - $1,974,000

2 Beds
2 Baths
1,040 Sq Ft
$1,768/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $617,000 $593 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $10,363/month

65 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Ranch Style House
  • Mountain View
  • Property is near public transit and bus stop
  • Shed

About This Home

As of November 2012

Property in a quiet neighborhood on the outskirts of Carpinteria, has views of mountains and close to beaches and polo field. House nesteled among palms and banana trees with large deck. The giant workshop and 2 bedroom/2bath is located near the lower end of .49 acre and
can be lived in while your dream house is being built. Huge front yard for pets, garden or landscaping.

Last Agent to Sell the Property

Joel Butera

Berkshire Hathaway HomeServices California Properties License #01229404 Listed on: 07/18/2012

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Sally Dewan

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.49 Acre Lot
  • Level Lot
  • Property is in good condition

Parking

  • Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,040 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Deck
  • Shed

Schools

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

Additional Features

  • Stepless Entry
  • Property is near public transit and bus stop

Community Details

  • 05 Summerland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-370-005

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Near Public Transit
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs)
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good
  • Property Information Year Built2: 1988
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.49
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Construction Entry Lvl(No Stairs)2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Property Information Apx Lot SqFt: 21344.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • Assessor's Data Assessor Year Built: 1988.0
  • Assessor's Data Assessor Lot Acres: 0.49
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 0.49
  • Topography: Level
  • Exterior Features: Deck
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Schools

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

Lot Info

  • Parcel #: 005-370-005
  • Zoning: Other
  • Lot Size Sq Ft: 21344.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2012
Closed on
Oct 24, 2012
Sold by
Bowers Ingrid
Bought by
Larsen Mark A and Larsen Suzanna M
Seller's Agent
Joel Butera
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sally Dewan
Coldwell Banker Realty
List Price
$900,000
Sold Price
$617,000
Premium/Discount to List
-$283,000
-31.44%
Current Estimated Value
$1,838,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,221,835
Avg. Annual Appreciation
8.68%
Original Mortgage
$493,600
Outstanding Balance
$339,215
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$1,499,620

Purchase Details

Closed on
May 11, 2010
Sold by
Bowers Alan
Bought by
The Alan Bowers Living Trust and Bowers Alan

Purchase Details

Closed on
Dec 15, 2003
Sold by
Bowers Alan
Bought by
Bowers Alan and Bowers Adam

Purchase Details

Closed on
Sep 1, 1994
Sold by
Bowers Alan
Bought by
Bowers Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,450
Interest Rate
8.57%

Purchase Details

Closed on
Jul 18, 1994
Sold by
Bowers Alan T
Bought by
Bowers Alan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,450
Interest Rate
8.57%
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
Larsen Mark A $617,000 First American Title Company
The Alan Bowers Living Trust -- None Available
Bowers Alan -- --
Bowers Alan -- Santa Barbara Title Co
Bowers Alan T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Mark A $493,600
Previous Owner Bowers Alan $105,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2012 11/21/12 Sold $617,000 -31.4% $593 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $900,000 -- $865 / 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 $8,739 $759,781 $615,709 $144,072
2023 $8,739 $730,280 $591,801 $138,479
2022 $8,461 $715,962 $580,198 $135,764
2021 $8,278 $701,924 $568,822 $133,102
2020 $8,177 $694,728 $562,990 $131,738
2019 $7,910 $681,106 $551,951 $129,155
2018 $7,770 $667,752 $541,129 $126,623
2017 $7,622 $654,660 $530,519 $124,141
2016 $7,491 $641,824 $520,117 $121,707
2015 $7,414 $632,184 $512,305 $119,879
2014 -- $619,801 $502,270 $117,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2322

Santa Barbara Multiple Listing Service

APN: 005-370-005