NOT LISTED FOR SALE

331 W Micheltorena St Santa Barbara, CA 93101

Oak Park Neighborhood

Estimated Value: $961,000 - $1,432,000

2 Beds
1 Bath
713 Sq Ft
$1,549/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $710,000 $996 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,565/month

9 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • Cottage

About This Home

As of December 2018

Built just prior to the Roaring 20s, this adorable 2-bedroom, 1-bath California cottage fuses modern comforts with vintage charm. Move-in ready with such features as lovely wood flooring, a cozy fireplace, classic built-ins and wainscoting, new carpet, dual-paned windows, newer roof and drought-tolerant landscaping. It is conveniently located just a few blocks from downtown, within the coveted Peabody school district and the City's short-term rental zone (subject to approval process by the City of Santa Barbara). A rare opportunity awaits!

Last Agent to Sell the Property

Francie Berezo

Prestigious Properties & Investments License #01507796 Listed on: 10/31/2018

Last Buyer's Agent

Timothy Dahl

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,178

Year Built

  • Built in 1916

Lot Details

  • Dog Run
  • Fenced
  • Level Lot
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned R-4

Parking

  • Uncovered Parking

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 713 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio
  • Shed

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
  • City Lot

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • Santa Barbara Community

Listing and Financial Details

  • Assessor Parcel Number 039-052-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,178

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Directions: On Micheltorena between Bath and Castillo St.
  • Prop. Type: Residential
  • Year Built: 1916
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Kitchen
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood, Carpet, Tile
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1916
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Amenities Dual Pane Window2: 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
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Santa Barbara
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Dog Run2: Yes
  • Other Buildings Shed: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Unc #33: Yes
  • Dining In Living Room2: Yes
  • Dining Nook2: Yes
  • Laundry In Kitchen3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding
  • Topography: Level
  • Exterior Features: Deck, Patio Open, Dog Run, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #3

Utilities

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

Schools

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

Lot Info

  • Parcel #: 039-052-002
  • Zoning: R-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2019
Sold by
Oberjuerge Alisa and Bowen Shane
Bought by
Oberjuerge Alisa and Bowen Shane
Current Estimated Value
$1,104,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 30, 2018
Sold by
Bishop Joan C and The Lorraine B Groeling Living
Bought by
Oberjuerge Alisa and Brown Shane
Seller's Agent
Francie Berezo
Prestigious Properties & Investments
Buyer's Agent
Timothy Dahl
Pitts & Bachmann Realtors
List Price
$707,900
Sold Price
$710,000
Premium/Discount to List
$2,100
0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$603,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2015
Closed on
Nov 23, 2015
Sold by
Hunt Donald B and Hunt Cecilia B
Bought by
The Lorraine B Groeling Living Trust Of and Bishop Joan C
Seller's Agent
Christopher Hunt
Village Properties
Buyer's Agent
Francie Berezo
Sotheby's International Realty
List Price
$629,000
Sold Price
$629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$503,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2015
Sold by
Hunt Christopher
Bought by
Hunt Donald B and Hunt Cecilia B

Purchase Details

Closed on
Sep 16, 2004
Sold by
Hunt Donald B and Hunt Cecilia B
Bought by
Hunt Donald B and Hunt Cecilia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.58%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 2, 2003
Sold by
Hunt Donald B and Hunt Cecilia
Bought by
Hunt Donald B and Hunt Cecilia B

Purchase Details

Closed on
Jul 3, 2003
Sold by
May Sara Burbank
Bought by
Hunt Donald B and Hunt Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2000
Sold by
Scott Harry
Bought by
May Sara Burbank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.9%

Purchase Details

Closed on
Aug 11, 1998
Sold by
Hobbs Marlow Inc
Bought by
Harry Scott and Harry Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,750
Interest Rate
6.93%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Detrana Frank A
Bought by
Hobbs Marlow Inc

Purchase Details

Closed on
Mar 27, 1997
Sold by
Warner Mary M and Steffens Laurie
Bought by
Detrana Frank A

Purchase Details

Closed on
Aug 10, 1995
Sold by
Warner Mary M
Bought by
Warner Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
7.63%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oberjuerge Alisa -- First American Title Company
Oberjuerge Alisa $710,000 Chicago Title Co
The Lorraine B Groeling Living Trust Of $629,000 Fidelity National Title Co
Hunt Donald B -- None Available
Hunt Donald B -- --
Hunt Donald B -- Fidelity National Title Co
Hunt Donald B -- --
Hunt Donald B -- Chicago Title Co
May Sara Burbank $342,000 Fidelity National Title Co
Harry Scott -- First American Title
Hobbs Marlow Inc -- First American Title
Detrana Frank A -- First American Title
Warner Mary M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oberjuerge Alisa $598,000
Closed Oberjuerge Alisa $602,000
Closed Oberjuerge Alisa $603,500
Previous Owner Bishop Clifford R $497,000
Previous Owner The Lorraine B Groeling Living Trust Of $503,000
Previous Owner Hunt Donald B $540,000
Previous Owner Hunt Donald B $392,000
Previous Owner May Sara Burbank $15,000
Previous Owner May Sara Burbank $260,000
Previous Owner Norman Theodore P $80,000
Previous Owner May Sara Burbank $256,500
Previous Owner Harry Scott $186,750
Previous Owner Warner Mary M $32,500
Closed Harry Scott $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold $710,000 +0.3% $996 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $707,900 +12.5% $993 / Sq Ft
12/08/2015 12/08/15 Sold $629,000 0.0% $882 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $629,000 -- $882 / 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 $8,178 $792,014 $524,292 $267,722
2023 $8,178 $761,261 $503,934 $257,327
2022 $7,888 $746,335 $494,053 $252,282
2021 $7,704 $731,702 $484,366 $247,336
2020 $7,624 $724,200 $479,400 $244,800
2019 $7,490 $710,000 $470,000 $240,000
2018 $7,013 $654,411 $416,160 $238,251
2017 $6,781 $641,580 $408,000 $233,580
2016 $6,602 $629,000 $400,000 $229,000
2015 $5,416 $506,000 $392,000 $114,000
2014 $5,180 $482,000 $373,000 $109,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Francie Berezo

    Prestigious Properties & Investments

    (805) 705-2561

    17 Total Sales

    Francie Berezo
    Section Image

  • T

    Buyer's Agent in 2018

    Timothy Dahl

    Pitts & Bachmann Realtors

  • C

    Seller's Agent in 2015

    Christopher Hunt

    Village Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3929

Santa Barbara Multiple Listing Service

APN: 039-052-002

California Santa Barbara County Santa Barbara 93101 Oak Park

331 W Micheltorena St, Santa Barbara, CA

This home is located at 331 W Micheltorena St, Santa Barbara, CA 93101 since 31 October 2018 and is currently estimated at $1,104,267, approximately $1,548 per square foot. This property was built in 1916. 331 W Micheltorena 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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