NOT LISTED FOR SALE

Estimated Value: $3,733,000 - $9,447,152

3 Beds
2 Baths
2,152 Sq Ft
$3,309/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $7,300,000 $3,392 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $45,748/month

133 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Loft
  • Property is near an ocean
  • Deck
  • Cottage

About This Home

As of November 2016

Oceanfront Paradise! Enjoy the sand and the waves and the awe-inspiring views of the Pacific Ocean and California Coastline from this secluded and gated oceanfront retreat. This amazingly light and bright California Cottage boasts 3 bedrooms and 2 baths, living room, dining room, and remodeled kitchen with granite countertops and stainless Viking appliances. Only steps from the water enjoy the sunsets with a glass of wine or dining al fresco from one of the many private viewing areas, the sandy garden, or the large deck situated off of the indoor living area. This magical retreat exudes ambience and charm lending it to be a relaxing retreat from reality yet minutes from the heart of Santa Barbara, Montecito, and all that the American Riviera has to offer.

Last Agent to Sell the Property

Chris Agnoli

Sun Coast Real Estate License #01132005 Listed on: 06/09/2016

Last Buyer's Agent

Chris Agnoli

RE/MAX Santa Barbara

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,020

Year Built

  • Built in 1970

Lot Details

  • 0.33 Acre Lot
  • Gated Home
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Property is in excellent condition

Property Views

  • Ocean
  • Beach

Home Design

  • Cottage
  • Split Level Home
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 2,152 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating System
  • Septic System

Community Details

  • Outside Pueblo Lands Community
  • 05 Padaro Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-390-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,020

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Padaro Ln to Beach Club Rd (gate) to 3284 Beach Club Rd (2nd Gate)
  • Prop. Type: Residential
  • Year Built: 1970
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec
  • Subdivision Name: 05 - Padaro
  • Architectural Style: Cal Cottage
  • Reso Flooring: Carpet, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1970
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 14374.0
  • Construction Split Level: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Outside Pueblo Lands
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • View Beach2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Rooms Loft2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • View: Beach, Ocean
  • Construction Type: Wood Siding
  • Acres: 0.33
  • Topography: Level
  • Exterior Features: Deck, Yard Irrigation T/O, Fenced: ALL, Fenced: BCK
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4

Utilities

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

Schools

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

Lot Info

  • Parcel #: 005-390-003
  • Zoning: R-1
  • Lot Size Sq Ft: 14374.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2017
Sold by
Hoctor Timothy
Bought by
Hoctor Timothy and Lake Rod
Current Estimated Value
$7,120,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,380,000
Interest Rate
4.19%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 9, 2016
Closed on
Dec 19, 2016
Sold by
Bcr Homme Llc
Bought by
Hoctor Timothy and Lake Rod
Seller's Agent
Chris Agnoli
Sun Coast Real Estate
Buyer's Agent
Chris Agnoli
RE/MAX Santa Barbara
List Price
$7,950,000
Sold Price
$7,300,000
Premium/Discount to List
-$650,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%

Purchase Details

Listed on
Jun 9, 2016
Closed on
Nov 21, 2016
Sold by
Grimm Investments Llc
Bought by
Bcr Homme Llc
Seller's Agent
Chris Agnoli
Sun Coast Real Estate
Buyer's Agent
Chris Agnoli
RE/MAX Santa Barbara
List Price
$7,950,000
Sold Price
$7,300,000
Premium/Discount to List
-$650,000
-8.18%

Purchase Details

Closed on
Apr 13, 2009
Sold by
Tippett Cynthia Lee
Bought by
Grimm Investments Llc

Purchase Details

Closed on
Jul 25, 2003
Sold by
Bruch John C and Bruch Susan J
Bought by
Tippett Cynthia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2001
Sold by
Tippett Cynthia Lee and Bruch John C
Bought by
Tippett Cynthia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
6.88%

Purchase Details

Closed on
Oct 10, 2001
Sold by
Tippett Cynthia Lee
Bought by
Tippett Cynthia Lee and Bruch John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
6.88%

Purchase Details

Closed on
May 2, 2001
Sold by
Tippett Cynthia and Bruch Susan
Bought by
Tippett Cynthia L and Bruch Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

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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
Hoctor Timothy -- Fidelity National Title Co
Hoctor Timothy -- Fidelity National Title Co
Hoctor Timothy -- None Available
Bcr Homme Llc $7,300,000 Fidelity National Title Co
Grimm Investments Llc -- Chicago Title Company
Tippett Cynthia Lee -- --
Bruch John C -- Fidelity National Title Co
Tippett Cynthia Lee -- --
Tippett Cynthia Lee -- Fidelity National Title Co
Tippett Cynthia L -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Rod $4,380,000
Closed Hoctor Timothy $4,380,000
Previous Owner Tippett Cynthia Lee $500,000
Previous Owner Bruch John C $1,495,000
Previous Owner Tippett Cynthia Lee $995,000
Previous Owner Tippett Cynthia L $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $7,300,000 -8.2% $3,392 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $7,950,000 0.0% $3,694 / Sq Ft
12/14/2012 12/14/12 Rented -- -- --
11/14/2012 11/14/12 Under Contract -- -- --
10/17/2012 10/17/12 For Rent $18,000 -- --
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 $87,020 $8,472,273 $6,963,514 $1,508,759
2023 $87,020 $8,143,286 $6,693,113 $1,450,173
2022 $84,087 $7,983,615 $6,561,876 $1,421,739
2021 $82,313 $7,827,074 $6,433,212 $1,393,862
2020 $81,498 $7,746,818 $6,367,248 $1,379,570
2019 $79,900 $7,594,920 $6,242,400 $1,352,520
2018 $78,646 $7,446,000 $6,120,000 $1,326,000
2017 $77,289 $7,300,000 $6,000,000 $1,300,000
2016 $70,483 $6,641,040 $5,983,043 $657,997
2014 $65,515 $6,413,153 $5,777,734 $635,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1951

Santa Barbara Multiple Listing Service

APN: 005-390-003