NOT LISTED FOR SALE

3271 Padaro Ln Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $2,766,000 - $20,267,787

6 Beds
6.5 Baths
7,287 Sq Ft
$1,701/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $21,750,000 $2,985 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $77,663/month

42 Days on Market

Highlights

  • Ocean Front
  • Cape Cod Architecture
  • Fireplace in Primary Bedroom
  • Reverse Osmosis System
  • Maid or Guest Quarters
  • Deck

About This Home

As of December 2017

Designed by noted architect Robert Senn in 2008 and set on world renowned Padaro Beach, this 7,287 square foot luxury Hamptons style estate is built on a knolltop with 105 feet beachfront offering 6 bedrooms en-suite, bathrooms have Carerra marble, master suite downstairs and upstairs, living room with 30' glass doors that open electronically to jaw-dropping ocean views, gourmet kitchen, in-floor radiant heat, hickory floors, ''paperless'' drywall to address allergy sensitivity, integrated lighting, Sonos sound systems, private beach and deck, guest suite has separate entry, security system inside and out including laser sensors and cameras for ultimate privacy and security. Best location on Padaro beach.

Last Agent to Sell the Property

David Bezeau

HomeBay Broker Ca, Inc. License #01331414 Listed on: 10/01/2017

Last Buyer's Agent

Cristal Clarke

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Ocean Front
  • Back Yard Fenced
  • Lot Has A Rolling Slope
  • Irrigation
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Beach
  • Panoramic
  • Mountain

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Shingle Exterior

Interior Spaces

  • 7,287 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Library

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Softener is Owned
  • Sewer Stub Out

Community Details

  • Carpinteria Vly Community
  • 05 Padaro Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-390-059

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: HWY 101 to Padaro Lane exit.
  • Prop. Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Rolling Slope, Waterfront, Oceanfront, Near Public Transit
  • Subdivision Name: 05 - Padaro
  • Architectural Style: Cape Cod
  • Reso Flooring: Wood, Carpet, Marble, Slate
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2008
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Rolly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: 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 Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Carpinteria Vly
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • View Beach2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • LocationTopo Oceanfront2: Yes
  • Rooms LbryStudy: Yes
  • FlrWdw Coverings Slate3: Yes
  • Cooling Ceiling Fan(s): Yes
  • Exterior Wood Shingles: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, 2+, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Ocean, Setting, Panoramic
  • Construction Type: Wood Shingles
  • Topography: Rolly
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Deck, Lawn, Yard Irrigation T/O, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Radiant Floor
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Carp Wtr
  • Heating:Radiant Floor: Yes

Schools

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

Lot Info

  • Parcel #: 005-390-059
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2017
Closed on
Dec 5, 2017
Sold by
Westcott Carl
Bought by
Mcnamara Michael W and Mcnamara Deborah A
Seller's Agent
David Bezeau
HomeBay Broker Ca, Inc.
Buyer's Agent
Cristal Clarke
Pitts & Bachmann Realtors
List Price
$24,900,000
Sold Price
$21,750,000
Premium/Discount to List
-$3,150,000
-12.65%
Current Estimated Value
$12,394,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,355,738
Avg. Annual Appreciation
-6.76%
Original Mortgage
$1,000,000
Outstanding Balance
$556,715
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$11,837,547

Purchase Details

Closed on
Jul 13, 2016
Sold by
Westcott Jimmy
Bought by
Westcott Carl

Purchase Details

Closed on
Dec 28, 2009
Sold by
Short Robert R and Short Linda A
Bought by
Westcott Carl and Westcott Jimmy

Purchase Details

Closed on
Jan 21, 2003
Sold by
Touchstone Holdings Inc
Bought by
Short Robert R and Short Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 2002
Sold by
Gerbracht Lynn Jekel
Bought by
Short Robert R and Short Linda A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcnamara Michael W $21,750,000 Chicago Title Co
Westcott Carl -- Accommodation
Westcott Carl -- Chicago Title Company
Short Robert R -- Chicago Title Co
Short Robert R -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara Michael W $1,000,000
Previous Owner Short Robert R $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold $21,750,000 -12.7% $2,985 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $24,900,000 -- $3,417 / 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 $152,695 $14,791,779 $10,240,463 $4,551,316
2023 $152,695 $14,217,398 $9,842,814 $4,374,584
2022 $147,516 $13,938,626 $9,649,818 $4,288,808
2021 $144,413 $13,665,320 $9,460,606 $4,204,714
2020 $142,962 $13,525,200 $9,363,600 $4,161,600
2019 $140,146 $13,260,000 $9,180,000 $4,080,000
2018 $137,931 $13,000,000 $9,000,000 $4,000,000
2017 $126,603 $11,900,740 $7,785,531 $4,115,209
2016 $124,417 $11,667,393 $7,632,874 $4,034,519
2015 $123,037 $11,492,139 $7,518,222 $3,973,917
2014 -- $11,267,025 $7,370,951 $3,896,074
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Bezeau

    HomeBay Broker Ca, Inc.

  • C

    Buyer's Agent in 2017

    Cristal Clarke

    Pitts & Bachmann Realtors

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3322

Santa Barbara Multiple Listing Service

APN: 005-390-059

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

3271 Padaro Ln, Carpinteria, CA

Not Listed for Sale

Detached

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