NOT LISTED FOR SALE

3281 Padaro Ln Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $4,424,000 - $18,964,716

6 Beds
5.5 Baths
4,013 Sq Ft
$2,743/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $19,500,000 $4,859 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $69,146/month

1 Day on Market

Highlights

  • Ocean Front
  • Solar Power System
  • 0.37 Acre Lot
  • Spa
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of September 2024

Commanding panoramic ocean, island & coastline views are enjoyed from this premier location on Padaro's coveted knoll w/easy beach access yet total privacy & safety from wave damage. The vast & private seaside patio has a fire pit, spa and built-in BBQ. Rebuilt appx. 8 yrs ago, this architecturally striking Contemp. home features herringbone teak floors with hydroponic heating, open beam ceilings and wood walls, a fabulous Great Room with stone fireplace, den/media room, open kitchen with ocean view island, wine frig & bar. Upstairs is all primary suite, with a fireplace, office, A/C and private balcony with dazzling ocean views. The flexible floorplan allows for an attached 1 bedroom guest house. Please visit https://paradiseonpadaro.com/unbranded/

Last Agent to Sell the Property

Kathleen Hurley Winter Real Estate

Berkshire Hathaway HomeServices California Properties License #01022891 Listed on: 04/15/2024

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kathleen Hurley Winter Real Estate

Berkshire Hathaway HomeServices California Properties License #01022891 Listed on: 04/15/2024

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,472

Year Built

  • Built in 2015

Lot Details

  • 0.37 Acre Lot
  • Ocean Front
  • Gated Home
  • Partially Fenced Property
  • Property is in excellent condition

Parking

  • Uncovered Parking

Property Views

  • Ocean
  • Beach
  • Island
  • Coastline
  • Panoramic

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 4,013 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Gas Oven
  • Stove
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Grip-Accessible Features
  • Accessible Bathroom Fixtures

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Spa
  • Property is near an ocean
  • Patio
  • Built-In Barbecue

Location

  • Property is near shops

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Sewer Stub Out

Community Details

  • 05 Padaro Subdivision
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 005-390-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,472

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Directions: Highway 101 to Padaro Lane exit. Head to the beach!
  • Prop. Type: Residential
  • Year Built: 2015
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Waterfront, Oceanfront
  • ResoSecurityFeatures: Gate:Elec, Smoke Detector(s)
  • Subdivision Name: 05 - Padaro
  • Reso Accessibility Features: Bathroom Fixtures
  • Architectural Style: Contemporary
  • Reso Flooring: Hardwood, Stone
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2015
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.37
  • NeighborhoodSchools Elementary School: CLA
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Ocean2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 4013.0
  • Construction Two Story2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Amenities Sound System: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 16117.0
  • Style:Contemporary2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • View Beach2: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included Energy Star Applianc: Yes
  • Electric Solar PV Seller Owned: Yes
  • Property Information Apx Lot Size FxD: 47' x
  • Rooms:Den: Yes
  • LocationTopo Oceanfront2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Handicapped Access Bathroom Fixtures2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Oven, Dishwasher, Dryer, Energy Star Applianc, Gas Stove, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, 2, LR
  • Other Rooms:Great Room: Yes
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • View: Beach, Islands, Coastline, Ocean, Panoramic
  • Construction Type: Wood Siding
  • Acres: 0.37
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Patio Open, SPA-Outside, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #4

Utilities

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

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 005-390-041
  • Zoning: R-1
  • Lot Size Sq Ft: 16117.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Aug 20, 2024
Sold by
Sorkin-Lloyd Revocable Trust and Lloyd Christopher
Bought by
Borgers Family Trust and Borgers
Seller's Agent
Kathleen Hurley Winter Real Estate
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kathleen Hurley Winter Real Estate
Berkshire Hathaway HomeServices California Properties
List Price
$19,500,000
Sold Price
$19,500,000
Views
22
Current Estimated Value
$11,009,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,490,428
Avg. Annual Appreciation
-38.58%

Purchase Details

Closed on
Jun 15, 2011
Sold by
Lowther Jacqueline A
Bought by
Sorkin Arleen and Lloyd Christopher

Purchase Details

Closed on
Dec 18, 2007
Sold by
Phillips Geoffrey D
Bought by
Phillips Geoffrey D

Purchase Details

Closed on
Feb 22, 1994
Sold by
Whitney Patricia B
Bought by
Phillips Geoffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Borgers Family Trust $19,500,000 Chicago Title
Sorkin Arleen $6,600,000 Chicago Title Company
Phillips Geoffrey D -- None Available
Phillips Geoffrey D $1,100,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorkin Arleen $1,100,000
Previous Owner Sorkin Arleen $2,000,000
Previous Owner Phillips Geoffrey D $3,300,000
Previous Owner Phillips Geoffrey D $300,000
Previous Owner Phillips Geoffrey D $2,350,000
Previous Owner Phillips Geoffrey D $1,160,000
Previous Owner Phillips Geoffrey D $770,000
Closed Phillips Geoffrey D $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $19,500,000 0.0% $4,859 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $19,500,000 -- $4,859 / 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 $115,472 $19,500,000 $13,000,000 $6,500,000
2023 $115,472 $10,732,190 $7,450,141 $3,282,049
2022 $111,555 $10,521,756 $7,304,060 $3,217,696
2021 $109,201 $10,315,448 $7,160,844 $3,154,604
2020 $108,100 $10,209,677 $7,087,419 $3,122,258
2019 $105,967 $10,009,488 $6,948,450 $3,061,038
2018 $104,288 $9,813,224 $6,812,206 $3,001,018
2017 $102,476 $9,620,809 $6,678,634 $2,942,175
2016 $100,706 $9,432,167 $6,547,681 $2,884,486
2015 $82,147 $7,652,547 $6,449,329 $1,203,218
2014 -- $6,921,922 $6,322,996 $598,926
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kathleen Hurley Winter Real Estate

    Berkshire Hathaway HomeServices California Properties

    (805) 451-4663

    10 in this area

    33 Total Sales

    Kathleen Hurley Winter Real Estate
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1152

Santa Barbara Multiple Listing Service

APN: 005-390-041

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

3281 Padaro Ln, Carpinteria, CA

This home is located at 3281 Padaro Ln, Carpinteria, CA 93013 since 15 April 2024 and is currently estimated at $11,009,572, approximately $2,743 per square foot. This property was built in 2015. 3281 Padaro Ln is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, The Howard School, and Crane Country Day School.

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