3485 Padaro Ln Carpinteria, CA 93013
Old Town Carpinteria Neighborhood
3
Beds
1.5
Baths
651
Sq Ft
0.48
Acres
Highlights
- Ocean View
- 0.48 Acre Lot
- Cottage
- Property is near an ocean
- Wood Flooring
- Patio
About This Home
As of June 2017Adorable 100 year old Padaro Lane beach cottage sits above the sand in Santa Barbara’s premiere ocean front enclave. On nearly one half acre with almost 100 feet of beachfront one can enjoy it as it is or take advantage of plans designed by Neumann, Mendro, Andrulaitis Architects for a stunning two story beach home with expansive views all the way down to Serena Cove.
Last Agent to Sell the Property
Village Properties License #00780607 Listed on: 11/19/2012
Last Buyer's Agent
Pamela Regan
Village Properties
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,696
Year Built
- Built in 1935
Lot Details
- 0.48 Acre Lot
- Level Lot
- Property is in excellent condition
Parking
- Uncovered Parking
Property Views
- Ocean
- Beach
Home Design
- Cottage
- Raised Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 651 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dining Area
- Wood Flooring
Kitchen
- Stove
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Property is near an ocean
- Patio
Schools
- Canalino Elementary School
- Carp. Jr. Middle School
- Carp. Sr. High School
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 05 Padaro Subdivision
Listing and Financial Details
- Assessor Parcel Number 005-410-026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2023
Sold by
3485 Padaro-S Llc
Bought by
3485 Padaro-B Llc
Current Estimated Value
Purchase Details
Listed on
Apr 2, 2017
Closed on
Jun 2, 2017
Sold by
Hedge Robert J and Hedge Marti R
Bought by
3485 Padaro S Llc
Seller's Agent
Pamela Regan
Compass
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$12,500,000
Sold Price
$10,100,000
Premium/Discount to List
-$2,400,000
-19.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.44%
Purchase Details
Closed on
Dec 4, 2009
Sold by
3485 Padaro Lane Associates Llc
Bought by
Hedge Robert J and Hedge Marti R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 12, 2007
Sold by
French Charlotte Starbuck
Bought by
3485 Padaro Lane Associates Llc
Purchase Details
Closed on
May 3, 1996
Sold by
French Charlotte Starbuck
Bought by
French Charlotte Starbuck
Similar Homes in Carpinteria, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | $4,100,000 | Chicago Title Company | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $315,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $3,000,000 | New Conventional | |
| Previous Owner | $315,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $3,000,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2017 06/09/17 | Sold | $10,100,000 | -19.2% | $4,086 / Sq Ft |
| 06/05/2017 06/05/17 | Pending | -- | -- | -- |
| 04/01/2017 04/01/17 | For Sale | $12,500,000 | +212.5% | $5,057 / Sq Ft |
| 12/31/2012 12/31/12 | Sold | $4,000,000 | -4.6% | $6,144 / Sq Ft |
| 12/29/2012 12/29/12 | Pending | -- | -- | -- |
| 11/19/2012 11/19/12 | For Sale | $4,195,000 | -- | $6,444 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $49,696 | $4,573,625 | $3,904,316 | $669,309 |
| 2022 | $48,004 | $4,483,947 | $3,827,761 | $656,186 |
| 2021 | $46,980 | $4,396,027 | $3,752,707 | $643,320 |
| 2020 | $46,494 | $4,350,952 | $3,714,228 | $636,724 |
| 2019 | $45,569 | $4,265,640 | $3,641,400 | $624,240 |
| 2018 | $44,838 | $4,182,000 | $3,570,000 | $612,000 |
| 2017 | $60,807 | $5,683,350 | $4,448,873 | $1,234,477 |
| 2016 | $59,757 | $5,571,913 | $4,361,641 | $1,210,272 |
| 2015 | $59,097 | $5,488,219 | $4,296,126 | $1,192,093 |
| 2014 | -- | $5,380,713 | $4,211,971 | $1,168,742 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2017
Pamela Regan
Compass
-
N
Buyer's Agent in 2017
Non Member Agent
Non Member Office
-
John Henderson
J
Seller's Agent in 2012
John Henderson
Village Properties
(805) 689-1066
22 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 12-3554
APN: 005-410-025
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