3485 Padaro Ln Carpinteria, CA 93013
Old Town Carpinteria Neighborhood
6
Beds
6
Baths
2,472
Sq Ft
0.71
Acres
Highlights
- Additional Residence on Property
- Spa
- 0.71 Acre Lot
- Ocean Front
- Updated Kitchen
- Maid or Guest Quarters
About This Home
As of June 2017Imagine driving down secluded, tree-lined, Padaro Lane. Smell the fresh breath of the ocean signaling the weekend’s pleasures to come. Cross the estuary and turn into a private drive. As the gate slowly rolls back you you are greeted by a vista of the ocean and islands that beckons you to leave the week’s travails behind. You can’t wait to race down the path to the beach. Feel the warming sun and cool sea breeze. Listen to the lonesome cry of the gulls and the pounding of the surf. Feel the cool wet sand between your toes. This is the moment you have waited for. Own this private retreat on the world-famous Padaro Beach. Located near the the mid point of the private beach it is secluded from public access. At nearly 100 feet of beach front it is among the largest beach front properties on Padaro Lane. The .71-acre parcel is west-facing and enjoys day long sun and colorful evening sunsets.
The property consists of a day cottage and main house. The cottage is one of the few remaining original structures on the beach. On the edge of the sand and surf the cottage is perfect for a day of fun on the water. Rinse off in the outdoor shower then lounge on the deck, play in the grass, or soak in the hot tub under the stars.
The beach front cottage features a fully equipped remodeled kitchen with stainless appliances, as well as outdoor BBQ and large deck. Relax inside and watch the games in the living room with fireplace, pitched ceilings and cozy window seat. There are two bedrooms and one and one half baths, as well as an outdoor bunk room for the kids to enjoy.
Retreat to the main house for a quiet evening after a day in the sun. The house features an open concept great room with pitched beam ceilings, fireplace, and French doors leading to a view deck and steps down to the entertaining patio. The kitchen is fully equipped with stainless appliances, and pantry. There are three bedrooms, including the master suite with ocean views and private patio, and three and one half baths, as well as a family room, laundry room. The finished garage is a surfers dream, with full shower, surfboard storage, and wetsuit wash down area.
Family and friends will beg for invitations to 3485 Padaro Lane. And you will find it hard to leave when the weekend is over.
Last Agent to Sell the Property
Pamela Regan
Compass License #00863811 Listed on: 04/02/2017
Last Buyer's Agent
Non Member Agent
Non Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,696
Year Built
- Built in 1999
Lot Details
- 0.71 Acre Lot
- Ocean Front
- Gated Home
- Partially Fenced Property
- Level Lot
- Irrigation
- Lawn
- Property is in excellent condition
Property Views
- Ocean
- Beach
- Panoramic
- Mountain
Home Design
- Cottage
- Pillar, Post or Pier Foundation
- Raised Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Multiple Fireplaces
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Area
- Library
- Home Security System
Kitchen
- Updated Kitchen
- Breakfast Bar
- <<builtInOvenToken>>
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- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Remodeled Bathroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Attached Garage
- 6 Open Parking Spaces
Outdoor Features
- Spa
- Property is near an ocean
- Deck
- Enclosed patio or porch
Additional Homes
- Additional Residence on Property
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Schools
- Aliso Elementary School
- Carp. Jr. Middle School
- Carp. Sr. High School
Utilities
- Cooling Available
- Forced Air Heating System
- Tankless Water Heater
- Sewer Stub Out
- Cable TV Available
Community Details
- 2 Units
- 05 Padaro Subdivision
Listing and Financial Details
- Assessor Parcel Number 005-410-025
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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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: 17-1059
APN: 005-410-025
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